Category Archives: WBAP 24/7 News

FAA Gives $10k Bonuses Only to Controllers and Technicians With Perfect Attendance During Shutdown

FAA Gives $10k Bonuses Only to Controllers and Technicians With Perfect Attendance During Shutdown

The Federal Aviation Administration says only 776 of the nearly 20,000 air traffic controllers and technicians who had to work without pay during the shutdown will receive bonuses. The announcement Thursday means thousands without perfect attendance during the shutdown won’t receive the $10,000 bonuses that President Donald Trump suggested. Many controllers called out of work…MORE

Bubble Fears Ease but Investors Still Waiting for AI to Live Up to Its Promise

Bubble Fears Ease but Investors Still Waiting for AI to Live Up to Its Promise

Fears about the artificial intelligence boom turning into an overblown bubble have diminished for now, thanks to a stellar earnings report from Nvidia. But that doesn’t mean the specter of an AI bubble won’t return in the months and years ahead as Big Tech gears up to spend trillions of dollars more on a technology…MORE

More Swings Hit Wall Street, but This Time Stocks Finish Higher

More Swings Hit Wall Street, but This Time Stocks Finish Higher

NEW YORK (AP) — More swings hit Wall Street, except it finished higher this time. After bobbing up and down Friday morning, the S&P 500 took off and rallied nearly 2% before finishing with a gain of 1%. The Dow Jones Industrial Average climbed 1.1%, and the Nasdaq composite rose 0.9%. It’s a fitting finish…MORE

Brazil Hails US Tariff Rollback as ‘Significant Progress’ and Seeks More Exemptions

Brazil Hails US Tariff Rollback as ‘Significant Progress’ and Seeks More Exemptions

SAO PAULO (AP) — Brazil’s Vice President Geraldo Alckmin says U.S. President Donald Trump’s decision to remove additional import tariffs on some Brazilian agribusiness products marks significant progress. On Thursday, Trump lifted the 40% tariffs on goods like coffee, fruit, and beef to lower consumer costs. Alckmin, who also serves as Trade minister, led negotiations…MORE

Japan’s Exports to the World Rise, but Trump’s Tariffs Dent Its Shipments to the US

Japan’s Exports to the World Rise, but Trump’s Tariffs Dent Its Shipments to the US

TOKYO (AP) — Japan has reported that its exports to the world rose 3.7% in October from a year earlier, while imports edged up 0.6%. Data released Friday by the Finance Ministry showed exports to the U.S. dipped 3.1%, marking the seventh straight month of year-on-year declines. Worries remain about the possible negative impact from…MORE

OpenAI and Taiwan’s Foxconn to Partner in AI Hardware Design and Manufacturing in the US

OpenAI and Taiwan’s Foxconn to Partner in AI Hardware Design and Manufacturing in the US

TAIPEI, Taiwan (AP) — OpenAI has announced a partnership with Taiwan’s Foxconn to design and make equipment for AI data centers in the U.S. Foxconn, known for making assembling iPhones and other Apple products and making servers for Nvidia, said it will co-design artificial intelligence data center racks with OpenAI under the agreement. The products…MORE

A Lawsuit Has Been Filed Against Camp Mystic

A Lawsuit Has Been Filed Against Camp Mystic

(WBAP/KLIF) – KERR COUNTY, TX – A lawsuit has been filed against camp mystic where 27 girls and counselors were killed in deadly floods. The family of 8-year-old Eloise Peck is suing camp organizers claiming that they knew that the cabins near the Guadalupe River were dangerous. The lawsuit claims that the camp played Russian…MORE

Governor Abbott Declares Two Islamic Groups Terrorist Organizations

Governor Abbott Declares Two Islamic Groups Terrorist Organizations

(WBAP/KLIF) – AUSTIN, TX – Two Muslim civil rights groups are pushing back after Governor Abbott labeled them foreign terrorist organizations. The governor accused the Muslim Brotherhood and the Council on American Islamic Relations of supporting global terrorism, and twisting state law through intimidation and violence, which is a designation that bars both groups from…MORE