Iran holds to its uranium position as Nvidia changes CEOs

Iranian officials say they will keep their enriched nuclear material and warn that another American strike could trigger retaliation. The United States and other Western governments fear that Iran could use its nuclear program to develop weapons; Iran says its technology is intended for peaceful purposes.

Uranium can fuel nuclear reactors, but at sufficiently high enrichment it can also be used in weapons. Casey says the UN nuclear watchdog reported that, before US and Israeli strikes in 2025, Iran had accumulated hundreds of kilograms enriched to 60 percent, well above the level used by most civilian power plants.

Iranian security chief Mohsen Rezaee says none of the enriched material will leave the country. Casey says Rezaee also warned that another US attack could prompt strikes on American bases, and that Iran has cited possible future use of the material in nuclear-powered ships and submarines.

Casey reports that Treasury Secretary Scott Bessent and his family moved to military housing after threats believed to come from Iran. Bessent has helped direct sanctions intended to restrict Iranian revenue, international business and military financing.

There may still be room for diplomacy: Casey says Iran reportedly sent a proposal to Washington through Qatar. Iranian officials say formal negotiations are not currently underway, however, and the two sides remain divided over the conditions for talks.

Nvidia co-founder Jensen Huang has resigned as CEO after more than three decades leading the chipmaker. Its processors power video games and artificial intelligence, making the company important both commercially and to the competition over advanced technology.

Casey describes media reporting that US intelligence officials suspected a former executive of the Singapore-based company MegaSpeed of providing information to China. MegaSpeed has also faced allegations involving shipments of Nvidia chips to China and denies wrongdoing. The host says Nvidia’s board commissioned an independent investigation into potential security implications.

Casey recounts additional reporting about Huang’s personal conduct and says he apologized to employees. Nvidia appointed CFO Colette Kress interim CEO while it looks for a permanent successor, and named director Harvey Jones as its first chair. The host says shares fell about 10 percent in premarket trading.

NASA has announced contracts and technology projects intended to support a sustained presence on the Moon. Casey describes a lunar delivery program with a potential ceiling of $10 billion over ten years: that is a maximum value for future competition, not the amount spent immediately.

Companies including SpaceX, Blue Origin and Lockheed Martin can compete to move equipment, instruments and supplies. Unlike the short Apollo visits, the longer-term goal is infrastructure that allows astronauts to return regularly and eventually remain near the lunar south pole.

PROMISE, a planned six-wheeled nuclear-powered rover, is intended to explore terrain that is difficult for solar-powered vehicles. A lunar night lasts about two Earth weeks, and permanently shadowed areas near the south pole may contain water ice. NASA is targeting a launch in late 2028.

If water ice can be recovered, it could eventually help provide drinking water, oxygen and ingredients for rocket fuel. Casey says the larger goal is to study the Moon, test technology and prepare for future human missions to Mars.

At Franklin Elementary School in Illinois, classrooms collect spare change for a Veterans Day fundraiser. The money helps the Franklin Waverly Military Support Group pay for postage and packing materials for care packages sent to service members overseas.

Casey says the school has supported the group for more than 20 years. Students also make cards, donate leftover candy and learn about local veterans; fourth grader Ava Wilson told the Journal-Courier that she likes making cards to help recipients feel good.

The FBI warns that scammers are impersonating federal agents using false names and phone numbers, and sometimes video calls. Casey cites nearly 61,000 complaints and $1.6 billion in reported losses linked to government and law-enforcement impersonation over 19 months.

The host says the college football playoff will expand from 12 to 24 teams in 2027, with 23 games and 16 on college campuses. Former President George W. Bush welcomed 27 veterans to his Texas ranch for the 16th annual Warrior Ride; a Las Vegas school held activities honoring veterans and military families.

France accuses Iran’s Revolutionary Guard of hacking refrigeration systems at roughly 700 supermarkets, Casey says. The host also reports the US national average price of regular gasoline fell to about $3.98 a gallon, below $4 for the first time since July, although it remained higher than a year earlier.