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Korva Coleman
Live from NPR News. In Washington, I'm Korva Coleman. Investors around the world are cheering President Trump's announced trade deal with Japan. As NPR's Maria Aspen reports, the Dow Jones industrial average is now up 170 points.
Maria Aspen
President Trump, posting on social, wrote, the United States will impose taxes of 15% on Japanese imports. While those new tariffs will increase costs, they're lower than the 25% tariffs Trump had previously threatened on Japanese goods. Trump also said Japan will invest $550 billion in the United States. Global investors cheered the news of the trade deal, with Japan's Nikkei rising 3.5%. In the US investors have been largely shrugging off the ongoing tariffs drama, even as General Motors and other big warn about the impacts on their operations. The S&P 500 index, which tracks the largest U.S. companies, has repeatedly hit record highs. Maria Aspen, NPR News, New York.
Korva Coleman
A sentencing hearing opens today for the man convicted of killing four University of Idaho students in 2022. Bryan Kohberger is expected to be sentenced to four life terms without the possibility of parole. For Northwest Public Broadcasting, Lauren Patterson has more.
Lauren Patterson
Kohberger pleaded guilty to the murders of students Madison Mogan, Kaylee Goncalves, Zanna Kernodle and Ethan Chapin at a change of plea hearing earlier this month. He admitted to the stabbing deaths in exchange for prosecutors dropping the death penalty. Family members of the victims are sharing statements on how the crime has affected them. Kohberger also has a chance to speak at the hearing. Despite pleading guilty to the killings, Kohberger has not shared the motive for the crime. For NPR News, I'm Lauren Patterson. In Boise.
Korva Coleman
House Speaker Mike Johnson has adjourned his chamber early for summer recess. The move pauses an effort to vote on a bill demanding the release of more documents in the case of late sex offender Jeffrey Epstein. Johnson says the Justice Department is already trying to do this. Deputy Attorney General Todd Blanche says he has contacted lawyers for Epstein's former girlfriend, Ghislain Max, for a possible interview. Maxwell is imprisoned for sex trafficking crimes. Former federal prosecutor Mitchell Eppner says the Justice Department's actions in this case are extraordinary.
Mitchell Eppner
It's unusual that the DOJ would publicly announce that they are speaking to a potential cooperator. And it is extraordinarily unusual that somebody as senior as the deputy attorney general would be the person conducting those conversations. In over 30 years as a criminal defense attorney and my time as a federal prosecutor, I've never seen anything like this.
Korva Coleman
He spoke to NPR's All Things Considered. On Wall street, the Dow is now up 176 points. The Nasdaq is down 8. This is NPR. Los Angeles officials have charged the driver of a car who was accused of plowing into a crowd of pedestrians last weekend. Fernando Ramirez faces dozens of counts of attempted murder. Prosecutors say he intentionally drove into the crowd outside an LA nightclub. He was pulled from his car and beaten and then shot by another person. Authorities are still looking for that suspect. Elon Musk's artificial intelligence company is trying to raise billions of dollars. NPR's Bobby Allen reports. The company is struggling with enormous energy costs.
Bobby Allen
AI chat bots require an immense amount of power to operate the massive data collection, the water guzzling data centers. Most tech firms like OpenAI, partner with big cloud computing companies to absorb some of the cost. But Musk is building and main his own AI infrastructure. One recent estimate first reported by the Wall Street Journal found that XAI is burning $13 billion a year just to stay afloat. Musk is now trying to raise billions of dollars from investors as the AI race continues to heat up. He's also grappling with reputational issues following his Grok chatbot launching into anti Semitic tirades. Musk said recently he's developing a kid friendly version called Baby Grok. Bobby Allen, NPR News.
Korva Coleman
NASA scrubbed the launch yesterday of a SpaceX rocket. It was supposed to take off from Vandenberg Air Force Base in California, but seconds before liftoff, the launch was called off. Managers say a regional power outage in the Santa Barbara region disrupted telecommunications that affected air traffic into the Pacific Ocean. I'm Korva Coleman, NPR News in Washington.
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NPR News Now: July 23, 2025, 10AM EDT
Hosted by Korva Coleman
[00:16]
President Trump announced a new trade deal with Japan, eliciting positive responses from investors worldwide. The Dow Jones Industrial Average surged by 170 points following the news.
[00:30]
Maria Aspen reports that President Trump stated on social media, "the United States will impose taxes of 15% on Japanese imports," a reduction from the previously threatened 25% tariffs. Additionally, Trump highlighted that Japan will inject $550 billion into the U.S. economy. This announcement led to Japan’s Nikkei index rising by 3.5%, while the S&P 500 continued to hit record highs despite ongoing tariff tensions. Maria Aspen noted, "In the US, investors have been largely shrugging off the ongoing tariffs drama, even as General Motors and other big companies warn about the impacts on their operations."
[01:15]
Bryan Kohberger is set to be sentenced today for the 2022 murders of four University of Idaho students. He is expected to receive four life sentences without the possibility of parole.
[01:32]
Lauren Patterson details that Kohberger pleaded guilty to the killings of Madison Mogan, Kaylee Goncalves, Zanna Kernodle, and Ethan Chapin during a plea hearing earlier this month. In exchange for dropping the death penalty, he admitted to the stabbing deaths. Families of the victims have shared emotional statements about the profound impact of the crime. Despite his guilty plea, Kohberger has yet to provide a motive behind the tragic events.
[02:03]
House Speaker Mike Johnson has adjourned the House chamber early for summer recess, halting efforts to vote on a bill that seeks the release of more documents related to Jeffrey Epstein’s case. Johnson stated, "The Justice Department is already trying to do this."
[02:38]
Mitchell Eppner, a former federal prosecutor, expressed concern over the DOJ's actions, saying, "It's unusual that the DOJ would publicly announce that they are speaking to a potential cooperator. And it is extraordinarily unusual that somebody as senior as the deputy attorney general would be the person conducting those conversations." Eppner added, "In over 30 years as a criminal defense attorney and my time as a federal prosecutor, I've never seen anything like this."
Deputy Attorney General Todd Blanche mentioned efforts to interview Epstein’s former girlfriend, Ghislain Maxwell, who is currently incarcerated for sex trafficking crimes. These developments have raised eyebrows regarding the DOJ's handling of the case.
[03:05]
In Los Angeles, authorities have charged Fernando Ramirez with dozens of counts of attempted murder for allegedly driving into a crowd of pedestrians outside a nightclub last weekend. Prosecutors claim Ramirez "intentionally drove into the crowd," leading to multiple injuries. During the incident, Ramirez was pulled from his vehicle, beaten, and subsequently shot by another individual. Law enforcement continues to search for the second suspect involved in the altercation.
[03:05]
Elon Musk’s artificial intelligence company is attempting to raise billions of dollars amid escalating energy costs. NPR’s Bobby Allen elaborates on the financial strain faced by the company.
[03:49]
Bobby Allen reports, "AI chat bots require an immense amount of power to operate the massive data collection, the water guzzling data centers." Unlike other tech firms that partner with large cloud computing companies to manage costs, Musk is developing his own AI infrastructure. An estimate by the Wall Street Journal revealed that XAI is burning through $13 billion annually to remain operational. Musk is now seeking additional investment to sustain the company's growth in the competitive AI landscape.
Additionally, the company is dealing with reputational issues following incidents where its Grok chatbot exhibited anti-Semitic behavior. In response, Musk announced the development of a "kid-friendly version called Baby Grok" to mitigate these concerns.
[04:30]
NASA had to scrub the launch of a SpaceX rocket scheduled to depart from Vandenberg Air Force Base in California yesterday. Seconds before liftoff, a regional power outage in the Santa Barbara area disrupted telecommunications, affecting air traffic communications over the Pacific Ocean. SpaceX managers indicated that safety protocols necessitated the call-off of the mission. Korva Coleman reported from Washington, highlighting the unforeseen technical challenges that led to the delay.
This comprehensive summary encapsulates the key developments covered in the NPR News Now episode from July 23, 2025. From significant economic agreements and legal proceedings to high-profile technological and aerospace challenges, the episode provides listeners with a broad overview of current events shaping the world.