Apple Plans to Invest $500 Billion in US as Tariff Era Nears

Good morning. Apple is investing $500 billion in the US. Tesla prepares to launch driver-assistance capabilities in China. And the next few months promise a slew of exciting new entertainment offerings. Listen to the day’s top stories.

Apple is doing its best to get relief from tariffs on goods imported from China. The tech behemoth is planning to hire 20,000 workers and produce AI servers in the US. Apple also said it plans to spend $500 billion domestically over the next four years. The investment and job pledge mark the company’s biggest US commitment to date.