A worker at the Corning plant that makes glass for Apple iPhones. Photo: Apple

Apple said Tuesday it is awarding key supplier Corning with $250 million from the company's $5 billion Advanced Manufacturing Fund, designed to invest in U.S.-based companies that make parts for the company.

Why it matters: The move aims to help Corning with the massive R&D expense of coming up with ever stronger glass to go on the outside of the iPhone, Apple Watch and other products. The latest deal comes on top of $200 million Apple put into Corning in 2017.

What they're not saying: Apple isn't saying exactly how the deal is structured, but it is part of a much broader relationship in which Apple and Corning work together on glass and billions of dollars change hands.

The bottom line: People talk about making iPhones in the U.S., but that's unlikely to happen. There are real iPhone manufacturing jobs in the U.S., but they are at suppliers like Corning.

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2 hours ago - World

U.S. policy shift will allow taxpayer funding for projects in West Bank settlements

Friedman (L) with Netanyahu. Photo: Menahem Kahana/AFP via Getty Images

The U.S. and Israel will announce tomorrow that they are expanding three agreements on scientific cooperation to include Israeli settlements in the West Bank, Israeli and U.S. officials tell me.

Why it matters: This is a substantial policy shift for the U.S., which did not previously allow its taxpayers' money to be spent in the Israeli settlements.

Updated 2 hours ago - Politics & Policy

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Illustration: Sarah Grillo/Axios

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McConnell: Confirming Amy Coney Barrett will help GOP retain Senate

Photo: Samuel Corum/Getty Images

Senate Majority Leader Mitch McConnell (R-Ky.) expressed no regrets about Judge Amy Coney Barrett's controversial confirmation, telling Politico in an interview that he believes the decision to place her on the Supreme Court just a week before the election will help Republicans retain the Senate.

Why it matters: With a week to go until Election Day, many Republicans are concerned that President Trump's unpopularity could cost them the Senate. McConnell has long viewed the transformation of the federal judiciary through the confirmation of young conservative judges as his defining legacy.