Of cracking the uk market. Live from London, This is business today. It This is business today. IS Packed. Im saLLy bundock. This is business today. Lets get going. We start with AL Chip maker nvidia. Its Record Rise to one of the worLds most vaLuabLe companies has wowed WaLL Street. Now, its breaking records again, but not in the way it wanted. On tuesday, nvidia Lost the most Stock Market VaLue in a day of any company in us history aS Part of a steep seLL off that Hit Tech shareS ParticuLarLy hard. Nvidia continued to faLL after hours as bLoomberg reported that it has received subpoenas from the Department Ofjustice, which is investigating whether it has been abusing its dominance of the market for AL Chips. Lets just show you the numbers because they are pretty staggering. ALmost 279 BiLLIon that was the amount wiped off the vaLue of nvidia over the course of the trading day. It adds to Losses Last week after the companys forecasts disappointed investors. Nvidia has been the corners
There is a potential of a third vote now, we will not know whether that is happening, but maybe we can work it so we can tagteam the chairmanship. Senator blumenthal i think is back with us. I will make certain he and i can trade positions so we can both vote. If that happens. The committee is reconvened. Mr. Gilman, if you are available , you have about a minute and a half left. We heard your testimony to that last point and we would love to hear your concluding remarks. Can you hear me . Mr. Gilman . Can you hear me . Yes sir. Myi am going to pick up testimony from where i left off . Yes, sir. Ok. I was determined to make isolation gowns because we had the equipment to cut and sew them. I quickly got a sample from a local hospital, design my own pattern, research the materials the gowns were made up, and built a prototype. I sent it to yell new haven hospital, they evaluated it and awarded me an order. There was a surge demand. Hospitals needed more gowns than they could buy from the
Runs just under two hours. Good afternoon, everyone. Thank you for being with us, or being near us, at least in the technology since. I welcome all of you to todays hearing that weve entitled, examining the response to the covid19 pandemic. The subcommittee at the sound of the gavel will come to order. As the nation continues to fight the unprecedented Public Health crisis, americans worked to protect against further spread of the virus while trying to maintain a certain degree of normalcy, including maintaining a job and earning a paycheck. There is not a corner of the u. S. Economy that has not felt the impact of the pandemic todays discussion will talk about the harmful effects on the Manufacturing Sector. During this pandemic, many in the Manufacturing Community have adapted their operations to help provide products needed to prevent the spread of the virus. Distributionlesale company that pivoted to manufacturing face masks in response to a dire National Supply shortage, or a cart
To know why the why dont you go down with the white house. So i dont know how i dont think its the fault of the clothes. Of the. Top that wanted to develop. A new number 1000001 it. May. 6 6 2 well. To so think of visionaries me Sophie Shevardnadze in times of uncertainty empathy our moral compass and altruism is our way through but how to make sure that our good intentions are not pave the road to hell i ask effective altruism evangelist professor of philosophy at Oxford University william mccaskill. William macaskill professor off the last of the at Oxford University and the cofounder of the center of for effective altruism its really great to have you with us today welcome to our show was. Great to be here thank you for inviting me on so all right so the movement here associated with this called sect of altruism i mean the very notion of this active altruism makes me wonder can altruism be in the affective or even harmful and in what cases yes i think suddenly isnt very often as ine
Thats actively harmful not just in affective but most of the time things do sentiment of good is just that the very best things we can focus our time and money on do normas them out into the world lets talk about the inefficient ways to quench my desire to do something outrageous to what i read an example in one of your interviewees a charity that for instance sends books to africa for kids to learn with but theres no teachers there so the books arent really making much difference so your money sort of waste it give me other causes that arent effective enough to be donating to if i spend money on for instance Alzheimers Research is it like money well spent is it effective. Ok so i mean Something Like funding out same as the search or funding treatment for illnesses that affects some of it just countries in the world you know these are good things to do theyre making the world better but the question is are they the most effective things you can be doing and i think generally not and th