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MP Materials, which runs the only American rare earths mine, announced a new $500 million agreement with tech giant Apple on Tuesday to produce more of the powerful magnets used in iPhones as well as other high-tech products like electric vehicles. This news comes on the heels of last week’s announcement that the U.S. Defense Department agreed to invest $400 …

This shortcut to going public is making a comeback after an epic bust. What investors need to know.  MarketWatch Source link

Chief US audit regulator pushed out by Trump’s new SEC chair  Financial Times PCAOB Chair Erica Williams to Resign at Request of SEC Chairman  The Wall Street Journal US SEC ousts head of accounting watchdog, email says  Yahoo Finance SEC boss Paul Atkins asks chief U.S. audit regulator to resign – report  Seeking Alpha US Audit Watchdog Chief Tells Staff She Has Been Asked …

Key Takeaways Google plans to invest $25 billion in artificial intelligence infrastructure in the Mid-Atlantic region and other areas over the next two years. The company also agreed to purchase $3 billion in hydroelectric power in the region. Google is expected to announce the investments at the Pennsylvania Energy & Innovation Summit on Tuesday. Alphabet’s (GOOGL) Google plans to invest …

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Nvidia says Trump administration lifts ban on AI chip sales to China  The Washington Post Nvidia says it will restart sales of a key AI chip to China, in a reversal of US restrictions  CNN Nvidia to resume China AI chip sales after Huang meets Trump  Ars Technica Nvidia’s Win on Chips Reduces China Tensions, Raises Questions on Tech Rivalry  Barron’s Nvidia’s stock pops …

Hours before President Donald Trump was scheduled to arrive at Carnegie Mellon University for an energy summit, the school administration early Tuesday ordered the painting over of a provocative anti-Trump message written by student Democrats on The Fence, a century-old campus landmark that serves as a free speech message board. One side of The Fence had the words “No Rapists …

The boss of JP Morgan Chase, Jamie Dimon, has defended the “absolutely critical” independence of the Federal Reserve chair, as Donald Trump continues to demand immediate cuts in interest rates. The US treasury secretary, Scott Bessent, said on Tuesday that a formal process for choosing a successor to the Fed chair, Jerome Powell, had already begun – despite the fact …

Trump’s ‘Crypto Week’ Set Back by House Vote  Barron’s Bitcoin falls below $117,000 after Trump crypto bills are blocked before vote  CNBC House GOP revolt slams brakes on GENIUS Act  Axios House’s ‘Crypto Week’ Hits a Bump After GOP Conservatives Rebel  Bloomberg.com My colleagues in Congress are making a mistake advancing these crypto bills  MSNBC News Source link

Some agencies are walking back planned layoffs, Trump administration says  Government Executive The Collateral Damage of Federal Work Force Cuts: Summer Interns  The New York Times US agencies shrink layoff plans after mass staff exodus  Reuters Cleared to Lay Off Workers, Some Federal Agencies Find Many Already Left  The Wall Street Journal ‘Be efficient:’ EPA Administrator Lee Zeldin lays out the agency’s goals for …