Trumpland Archive - Page 3 of 42

NEWS UPDATE

October 13, 2026

02:58 AM Getty Images on the Brink of Bankruptcy: Billions in Debt, AI Competition, and a 99% Stock Market Collapse

Photo and video giant Getty Images is facing a radical new beginning. The company announced Monday that it plans to file for an expedited Chapter 11 bankruptcy in the coming weeks and then go private. Getty is carrying around $2.1 billion in debt, while its market value had recently shrunk to just $20.74 million. Since going public in 2022, its shares have lost roughly 99% of their value. The failed merger with Shutterstock and growing competition from AI-generated images have made the crisis even worse. The Getty family and Koch Equity Development plan to take full ownership of the company and provide up to $533 million in fresh equity. Business operations are expected to continue as usual during the bankruptcy proceedings, and suppliers are expected to be paid in full. A photo giant once valued at $4.8 billion is now disappearing from the public stock market, at least for the time being.

October 12, 2026

06:33 PM Welcome to the Banana Republic of America: Trump's Investigators Raid Democratic Rep. Ilhan Omar's Apartment - When the Government's Enforcement Machine Shows Up at a Member of Congress's Door

Federal investigators have raided the Washington apartment of Democratic Congresswoman Ilhan Omar. The investigation reportedly concerns immigration documents dating back roughly 30 years. Omar is one of Donald Trump's fiercest critics, and he has subjected her to racist attacks for years. Now federal investigators are showing up at her apartment, just weeks before the midterm elections. This goes far beyond a question of old immigration papers. What evidence justifies such an intrusion against an elected member of the United States Congress, and how independently can an investigative agency operate when its president has spent years publicly attacking the woman at the center of the case?

02:52 PM No change: Trump's ceasefire is already going up in flames: Russia attacks Kharkiv's power plants

According to Ukrainian officials, Russia has attacked a thermal power plant in Kharkiv, even though Donald Trump announced a ceasefire on strikes against energy facilities over the weekend. President Zelenskyy accuses Moscow of violating an agreement whose exact terms he says he doesn't even know yet. Trump is demanding that Kyiv stop attacking Russian oil refineries, while the U.S. has also reached a deal to buy Russian diesel. According to a person familiar with the situation, the U.S. even threatened to cut off intelligence sharing and weapons deliveries to Ukraine. Ukrainian officials say Russian attacks killed 6 people on Sunday, while at least 12 were injured in Kharkiv on Monday. Meanwhile, the EU approved nearly 1,600 new sanctions listings targeting Russia's defense industry. Zelenskyy said he would be willing to hold new elections if Putin agreed to a 60-day ceasefire. While Trump worries about diesel prices and his Republicans ahead of the midterm elections, a power plant is burning in Kharkiv that, according to his announcement, should have been left untouched. The EU is tightening sanctions on Russia's defense industry, but there's still no united response to Trump's pressure on Ukraine. French President Macron openly contradicts the American account, while Germany, despite the threat to cut off intelligence and weapons supplies to Kyiv, is merely hoping Washington will remain a reliable partner.

04:55 AM Trump Announces a Ceasefire While Russian Bombs Keep Falling on Ukrainian Power Plants

Ukraine is still waiting for details of the energy ceasefire announced by Donald Trump. President Volodymyr Zelenskyy said Sunday that Kyiv supported such an agreement, but Russia would have to abide by it as well. While Washington talks about a pause in the fighting, Moscow continues its attacks on Ukraine's energy supply. According to Zelenskyy, there were more than 200 attacks on power generation facilities and 17 attacks on oil and gas facilities over the past week alone. On Sunday evening, another strike hit a combined heat and power plant in Kharkiv, while Russian drones and aerial bombs were being used. Zelenskyy discussed Trump's announcement with NATO Secretary General Mark Rutte, Canadian Prime Minister Mark Carney, and Finnish President Alexander Stubb. Ukraine was prepared to stop its attacks on Russian energy facilities as soon as Russia stopped targeting Ukrainian energy infrastructure. There had been no response from Moscow to Trump's announcement at the time.

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