Key US News Highlights: Apple Backs Housing Fund, Harris Debates Vance, and Trump's Tech Influence

Key US news include Apple's $50M fund for Bay Area affordable housing, a debate between VP Harris and J.D. Vance, and Trump's influence in Silicon Valley. Trump gains endorsements from Haley and DeSantis, while the US-Mexican border faces severe sewage issues. Boeing workers vote on a strike, and Republicans push Biden over South China Sea tensions.


Devdiscourse News Desk | Updated: 17-07-2024 18:30 IST | Created: 17-07-2024 18:30 IST
Key US News Highlights: Apple Backs Housing Fund, Harris Debates Vance, and Trump's Tech Influence
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Apple is joining forces with the philanthropic wing of real estate firm Sobrato and other California organizations to initiate a $50 million fund aimed at affordable housing in the San Francisco Bay Area. Announced Wednesday, this investment forms part of Apple's 2019 $2.5 billion affordable housing pledge.

Vice President Kamala Harris has invited J.D. Vance, Donald Trump's vice-presidential pick, to a CBS-hosted debate on August 13. Harris extended the invite via voicemail shortly after Vance was selected for the role.

The appointment of J.D. Vance as Trump's running mate has elated Silicon Valley conservatives. Delian Asparouhov, a partner at Founders Fund, praised the decision, highlighting the new influence of a 'tech bro' in the White House.

In a show of unity, former rivals Nikki Haley and Ron DeSantis have thrown their support behind Trump at the Republican convention, following a recent assassination attempt on Trump. Haley urged her followers to back Trump to ensure the nation's wellbeing.

Sewage overflow continues to plague the U.S.-Mexican border area, contaminating the Pacific Ocean. The problem worsens as untreated sewage from the Tijuana River flows into the sea north of the border.

The Department of Homeland Security's inspector general is scrutinizing the Secret Service's handling of a rally in Butler, Pennsylvania, where an attempt on Trump's life occurred, emphasizing the event's critical security lapses.

Boeing factory workers in Washington state will decide on a strike mandate, seeking a 40% wage increase. The vote takes place amid the first full negotiations with Boeing in 16 years, involving approximately 30,000 workers.

Top Republican senators have requested President Biden outline strategies to support the Philippines amidst rising tensions with Beijing over the contested Second Thomas Shoal in the South China Sea, emphasizing the need for clear tactical options.

Investor sentiment appears buoyed by the prospect of Trump regaining the presidency, boosting corporate profits despite fiscal concerns. This trend has been visible post-Biden's poor debate performance and the recent failed assassination attempt on Trump.

Senator J.D. Vance, newly chosen as Trump's vice-presidential candidate, is seen as the next torchbearer for the MAGA movement, suggesting Trump anticipates his vision extending beyond his potential second term.

(With inputs from agencies.)

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