Israeli strikes kill 30 in Gaza, health officials say
The 21-month war triggered by Hamas' Oct. 7 attack is raging on after two days of talks between U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu ended last week with no sign of a breakthrough in negotiations over a ceasefire and hostage release.
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CNN
5 minutes ago
- CNN
Apple just spent $500 million to source a material that's critical for iPhones from the US
Apple is investing $500 million in a deal with US rare earths company MP Materials as the iPhone maker faces pressure from President Donald Trump to produce its popular smartphones domestically. As part of the partnership announced on Tuesday, Apple committed to buying rare earth magnets directly from MP Materials to help bolster its US supply chain. Apple will also collaborate with the company on a new recycling line in California, which will repurpose recycled rare earth materials to use in Apple products. The move is part of a $500 billion investment Apple announced earlier this year to expand its US operations as the Trump administration pushes to onshore technology manufacturing and reduce reliance on China. Rare earths, which are critical for everything from smartphones to TVs and military jets, have been a key bargaining chip in trade talks between Washington and Beijing. That's because China controls nearly all rare earths processing. 'American innovation drives everything we do at Apple, and we're proud to deepen our investment in the US economy,' Apple CEO Tim Cook said in a press release. 'Rare earth materials are essential for making advanced technology, and this partnership will help strengthen the supply of these vital materials here in the United States.' MP Materials' facility in Fort Worth, Texas, will create new magnet manufacturing lines specifically for Apple products. Shipments are expected to begin in 2027 and will eventually support 'hundreds of millions of Apple devices,' according to MP Materials. The materials will be delivered throughout the United States and around the world. Apple says the expansion will create dozens of new jobs. Both companies will also provide training to develop a US workforce for magnet manufacturing. China has a virtual monopoly on rare earth elements, which are critical components for everyday products from smartphones to wind turbines to LED lights and flat-screen TVs. They're also crucial for batteries in electric vehicles as well as MRI scanners and cancer treatments. The name rare earths is also a bit of a misnomer. The materials are found throughout the Earth's crust but are difficult and costly to extract and process. China has the only equipment needed to process some of the various elements and currently controls 92% of the global output in the processing stage. While the MP Materials deal could help Apple curry favor with Trump amid tariff threats, it also aligns with Apple's efforts to incorporate more recycled materials into its products – a plan already in place long before Trump took office. The iPhone 16e, which launched earlier this year, includes 30 percent recycled content, for example. Apple says it uses recycled rare earths in its major products, including in magnets found in the latest iPhones, iPads, Apple Watches, MacBook and Mac models. The Trump administration has been pushing for Apple and other tech giants to produce their products in the United States rather than rely on assembly facilities and supply chain operations largely located in China, India and Vietnam. 'I have long ago informed Tim Cook of Apple that I expect their iPhone's that will be sold in the United States of America will be manufactured and built in the United States, not India, or anyplace else,' Trump posted on Truth Social in May. 'If that is not the case, a Tariff of at least 25% must be paid by Apple to the U.S.' Apple hasn't discussed plans to move iPhone manufacturing to the US, and doing so seems unlikely. That's because it would require the tech giant to upend how it builds its most lucrative product. Critically, Apple and MP Manufacturing's collaboration involves developing the talent pool needed for magnet manufacturing. That's part of the reason why it's so challenging to move iPhone production to the United States – America lacks the highly specialized labor required to do so, experts have said. 'The expertise to make each of the components is something that has to be worked on for a long period of time,' David Marcotte, senior vice president at international market research company Kantar, previously told CNN. Cook has also spoken about the labor gap in the past, describing the workforce in China as being a combination of 'craftsman' skills, 'sophisticated robotics' and 'the computer science world' when speaking at a Fortune Magazine event in 2017. But the commitment to invest in US-sourced rare earths is likely to please Trump. The president has touted Apple's previous investment announcement as a victory in his efforts to boost American manufacturing. Apple is just one of many tech giants that have expanded their American footprint over the past several months. Texas Instruments committed $60 billion to make semiconductors in the United States in June, and Taiwanese chipmaking giant TSMC invested $100 billion in US manufacturing in March. Leading AI chipmaker Nvidia also said it would build its supercomputers in the United States in April. – CNN's Chris Isidore contributed to this report
Yahoo
14 minutes ago
- Yahoo
Trump seen pocketing FIFA medal as he walks on stage to hand Chelsea replica club championship trophy
Trump seen pocketing FIFA medal as he walks on stage to hand Chelsea replica club championship trophy U.S. President Donald Trump was seen sneakily pocketing a FIFA Club World Cup winners medal onstage moments before he handed Chelsea a replica trophy. The president was given the medal to look at by Gianni Infantino while handing others out to the winning squad at New Jersey's Metlife Stadium Sunday. Though videos showed Trump later tucked the medal into his suit blazer when the FIFA CEO seemingly reached for it back. Advertisement Infantino appeared to shrug off the incident, flashing the thumbs up and allowing Trump to keep the medal. Eagle-eyed social media users were quick to react to the clip, which went viral over the weekend and following the game, with one labeling the brazen act 'The Art of the Steal.' 'He didn't play a minute,' complained another. Donald Trump was seen sneakily pocketing a FIFA Club World Cup winners medal onstage moments before he handed Chelsea a replica trophy (REUTERS) Donald Trump was seen sneakily pocketing a FIFA Club World Cup winners medal onstage moments before he handed Chelsea a replica trophy (REUTERS) It comes after Trump himself revealed that the winner's trophy that he had handed to Chelsea captain Rhys James had actually been a replica, and that FIFA officials had given him the real silverware. Advertisement Before the showpiece game, held at the 80,000-seat stadium in New Jersey, Trump told broadcaster DAZN that the real trophy currently sits in the Oval Office, after it was gifted to him by Infantino during a visit in March. 'They said, 'Could you hold this trophy for a little while?' We put it in the Oval Office,' Trump said. 'And then I said, 'When are you going to pick up the trophy?' He says, 'We're never going to pick it up. You can have it forever in the Oval Office. We're making a new one.'' 'And they actually made a new one. So that was quite exciting…It's in the Oval right now,' he added. Soccer fans, and even the players themselves, were also baffled after the president also made no effort to leave the stage after presenting the fake trophy. Star player Cole Palmer (center left) was seen reacting with astonishment as Trump initially took pride of place (Getty Images) Soccer fans, and even the players themselves, were also baffled after the president also made no effort to leave the stage after presenting the fake trophy. Star player Cole Palmer (center left) was seen reacting with astonishment as Trump initially took pride of place (Getty Images) Trump himself revealed that the winners trophy that he had handed to Chelsea captain Rhys James had actually been a replica, and that FIFA officials had given him the real silverware (Getty Images) Trump himself revealed that the winners trophy that he had handed to Chelsea captain Rhys James had actually been a replica, and that FIFA officials had given him the real silverware (Getty Images) Advertisement Soccer fans, and even the players themselves, were also baffled after the president also made no effort to leave the stage after presenting the fake trophy – opting instead to stand and clap alongside them. Star player Cole Palmer, who scored two of Chelsea's three goals in the victory over Paris St Germaine, was seen reacting with astonishment as Trump initially took pride of place next to James. In a later interview, Palmer admitted: 'I knew he was gonna be there but I didn't know he was gonna be on the stand when we lifted the trophy so I was a bit confused.'
Bloomberg
14 minutes ago
- Bloomberg
Understanding the Legal Fight Over Trump's Birthright Citizenship Order
President Donald Trump is fighting to end automatic citizenship for children born to parents who are in the country unlawfully or on temporary visas, part of his broader crackdown on undocumented immigrants and a change that could overturn more than a century of legal precedent. Trump took aim at birthright citizenship with an executive order hours after his January swearing-in, triggering lawsuits by civil rights groups and Democrat-led states. They argued Trump couldn't unilaterally alter birthright citizenship because it's enshrined in the 14th Amendment to the Constitution.
