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HomeDaily NewsThursday, March 5, 2026Musk tells jury 'people read too much' into his posts - March 2026
Business & Economy3 stories from 1 sources

Musk tells jury 'people read too much' into his posts - March 2026

Elon Musk testified in a California court that investors "read too much" into his social media posts regarding his 2022 Twitter purchase, defending against claims that his tweets manipulated the market. A U.S. Court of International Trade ordered Customs and Border Protection to issue refunds for tariffs previously imposed by President Donald Trump under the International Emergency Economic Powers Act, following the Supreme Court striking down these levies last month. Meanwhile, Venezuelan interim president Delcy Rodríguez and U.S. Secretary of the Interior Doug Burgum announced both nations will collaborate on developing Venezuela's mining sector, following recent U.S. actions involving the seizure of Nicolás Maduro.

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Thursday 3:01 PMCapital Business

Musk tells jury ‘people read too much’ into his posts

Musk tells jury ‘people read too much’ into his posts

Elon Musk testified in a California court that investors "read too much" into his social media posts regarding his 2022 Twitter purchase. He is defending against claims that his tweets manipulated the market.

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Key Highlights

Elon Musk testified in a California court that investors "read too much" into his social media posts regarding his 2022 Twitter purchase. He is defending against claims that his tweets manipulated the market.

  • Musk stated his posts were "extremely literal" and he was "simply speaking my mind."
  • Investors' lawsuit stems from Musk's series of messages affecting his deal to buy Twitter for $44 billion.
  • A lead investor claims he sold Twitter shares at a loss in July 2022 due to Musk's public comments.
Thursday 11:51 AMCapital BusinessFirst

Venezuela and US to work together on mining developments, Rodríguez says

Venezuela and US to work together on mining developments, Rodríguez says

Venezuelan interim president Delcy Rodríguez and U.S. Secretary of the Interior Doug Burgum announced that both nations will collaborate on developing Venezuela's mining sector. This follows recent U.S. actions involving the seizure of Nicolás Maduro.

Read Story
Thursday 1:01 PMCapital Business

Trade court orders tariff refunds in setback for Trump administration

Trade court orders tariff refunds in setback for Trump administration

A U.S. Court of International Trade has ordered Customs and Border Protection to issue refunds for tariffs previously imposed by President Donald Trump under the International Emergency Economic Powers Act (IEEPA). This ruling follows the Supreme Court striking down these levies last month.

Read Story

Key Highlights

A U.S. Court of International Trade has ordered Customs and Border Protection to issue refunds for tariffs previously imposed by President Donald Trump under the International Emergency Economic Powers Act (IEEPA). This ruling follows the Supreme Court striking down these levies last month.

  • The ruling allows for refunds to "all importers of record whose entries were subject to IEEPA duties."
  • Key parties include the U.S. Court of International Trade, Customs and Border Protection, and President Donald Trump.
  • The Trump administration had collected an estimated $130 billion from these tariffs.
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Key Highlights

Venezuelan interim president Delcy Rodríguez and U.S. Secretary of the Interior Doug Burgum announced that both nations will collaborate on developing Venezuela's mining sector. This follows recent U.S. actions involving the seizure of Nicolás Maduro.

  • Over two dozen American companies, representing "billions of dollars" in potential investment and thousands of jobs, participated in discussions.
  • Key figures: Delcy Rodríguez, interim president of Venezuela, and Doug Burgum, U.S. Secretary of the Interior.
  • Venezuela, rich in minerals and rare earth elements, is enacting reforms to allow "large foreign companies" to participate in its previously nationalized mining sector.