Category Archives: WBAP 24/7 News

America’s Only Rare Earth Producer Gets A Boost From Apple And Pentagon Agreements

America’s Only Rare Earth Producer Gets A Boost From Apple And Pentagon Agreements

MP Materials, the operator of the only rare earths mine in the United States, has signed a $500 million deal with Apple. The agreement announced Tuesday aims to boost production of magnets used in iPhones, as well as other high tech products like electric vehicles. This follows on the heels of the U.S. Defense Department’s…MORE

Trump Administration Fires 17 Immigration Court Judges Across Ten States, Union Says

Trump Administration Fires 17 Immigration Court Judges Across Ten States, Union Says

WASHINGTON (AP) — Seventeen immigration court judges have been fired in recent days. That’s according to the union that represents the judges. The International Federation of Professional and Technical Engineers says 15 judges were dismissed on Friday and two more on Monday. The firings occurred across ten states, including California, Texas, and New York. The…MORE

Trump Wields Tariffs To Sway Putin On Ukraine. Here’s How They Might Work, Or Not

Trump Wields Tariffs To Sway Putin On Ukraine. Here’s How They Might Work, Or Not

WASHINGTON (AP) — Russian President Vladimir Putin has sacrificed an estimated 1 million of his soldiers, killed and wounded, in a three-year campaign to crush Ukraine. Now President Donald Trump is betting that his go-to economic weapon — tariffs — can succeed where Ukrainian drones and rockets haven’t, and finally persuade Putin to end his…MORE

Nvidia To Resume Sales Of Highly Desired AI Computer Chips To China

Nvidia To Resume Sales Of Highly Desired AI Computer Chips To China

BANGKOK (AP) — Nvidia’s CEO Jensen Huang says the technology giant has won approval from the Trump administration to sell its advanced H20 computer chips used for artificial intelligence to China. The company shared the news in a blog post late Monday and Huang also spoke about it on China’s state-run CGTN television network. The…MORE

JPMorgan Posts Strong Second Quarter Numbers, Though Dimon Warns Of Tariff, Geopolitical Risk

JPMorgan Posts Strong Second Quarter Numbers, Though Dimon Warns Of Tariff, Geopolitical Risk

WASHINGTON (AP) — JPMorgan’s second-quarter profit fell to $14.2 billion in second quarter, but the New York bank beat Wall Street expectations. CEO Jamie Dimon touted another strong performance by the bank, particularly its markets division, where revenue rose $8.9 billion. JPMorgan earned $4.96 per share, adjusted for one-time items, beating the $4.48 that analysts…MORE

Trump Threatens Russia With Tariffs And Boosts US Weapons For Ukraine

Trump Threatens Russia With Tariffs And Boosts US Weapons For Ukraine

WASHINGTON (AP) — President Donald Trump has announced new measures targeting Russia over its ongoing war in Ukraine, threatening steep tariffs if a peace deal isn’t reached within 50 days. Trump also revealed plans for European allies to buy U.S. weapons and transfer them to Ukraine. Patriot air defense missiles are a top priority for…MORE