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Transcripts for BBCNEWS Verified Live 20240604 15:37:00

company mack truck company. they receive $700 million. there are questions whether top aides in the trump administration pressured the treasury to release this money. again, let me read this congressional report saying that the company was at risk of bankruptcy before it obtained a load from the treasury. definitely being asked on that front as to what really this company doing leaving taxpayers now on the hook for part of this, not just customers and employees. goad just customers and employees. good to talk to you just customers and employees. good to talk to you as just customers and employees. good to talk to you as always. just customers and employees. good to talk to you as always. michelle fleury live in new york. india which boasts over 20% of the global semiconductor design talent, has recently attracted investments from major players like amd & micron to grow its own chip making industry. but can india become a global semiconductor manufacturing powerhouse? nikhil in

Transcripts for BBCNEWS World Business Report 20240604 04:49:00

to india, which boasts over 2% of the global semiconductor design talent, has recently attracted investments from major players like amd & micron to grow its own chip making industry. but can india become a global semiconductor manufacturing powerhouse? nikhil inamdar reports from mumbai. about a year and a half after andy announced a $10 billion incentive package for chip companies investments finally seems to be coming in. after micron s $2.5 billion movement to set up a semiconductor assembly and testing plant a few weeks ago amd has said it will open its largest research and development centre. the prime minister has said a 50% assistance to set up chip manufacturing in the company country will mean india see exponential growth in this area. fox, says it is optimistic about the direction

Transcripts for FOXNEWS Americas Newsroom 20240604 13:32:00

interactions throughout the summer. you don t see that every day, bill. over the course of your career has your husband ever made a stock purchase or sale based on information received from you? no, absolutely not. okay. julie: that s house speaker nancy pelosi denying her husband ever bought or sold stocks using information she knew. this as the push to ban congressional stock trading remains stalled. hillary vaughn is live on capitol hill with more this morning. thank you, hillary. good morning. the senate is set to vote on a bill to give $52 billion in subsidies to the u.s. chip making industry. a big win for them but also speaker pelosi s husband paul who made a million dollar investment in the chip industry. if this passes it could make mr. pelosi a lot of money. paul pelosi disclosed a million dollar stock purchase of a chip

Chip scarcity may get worse amid Ukraine conflict

Russia supplies the global semiconductor industry with rare metals and Ukraine supplies specialty gases required by the chip-making industry.

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