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Transcripts For KNTV NBC 20240705

the new cross-country storm already bringing blizzard conditions to the northwest while thousands of miles away in the northeast, evacuations ordered after a dam burst in connecticut. people piling into boats to escape. al roker is tracking the new threat. also tonight, the shake-up in the 2024 gop primary race. chris christie dropping out. what he was heard saying on a hot mic about rival nikki haley as she debates ron desantis tonight in iowa for the final time before the caucuses without front-runner donald trump. hunter biden making a surprise appearance on capitol hill at a hearing on holding him in contempt for defying a republican subpoena. boeing s ceo admitting the company made a mistake after a door plug blew off a plane. the cnbc exclusive. why was it allowed to fly in the first place? how he answered. nbc news investigates toxic lead from battery recycling plants released into communities. what are state officials doing about it? and musicians versus mac

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Transcripts For BBCNEWS World Business Report 20240706

a top republican has accused us regulators of being asleep at the wheel in the period leading up to the implosion of silicon valley bank. those comments in the first of two bruising congressional hearings intended to shed light on the failings that led to the lender s collapse. in response, the regulator pointed the finger at executives saying they did a terrible job of managing risk. we are still reconstructing the supervisory racket, we understand they were issued a matter requiring attention based on the inaccuracy of their interest rate risk modelling. essentially, the risk model was not at all aligned with reality. today, the hearing continues. the collapse of svb and signature bank created shock waves across the global banking sector, with central bankers moving to reassure nations that the structural integrity of the financial system remains intact. joining me now is greg feldberg, director of research for the yale program on financial stability. you were director

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Transcripts For BBCNEWS World Business Report 20240706

and industry execs including elon musk believe so and have signed an open letter calling for a 6 month pause on advanced ai development. that s training sytems more powerful than openai s newly launched chatg pt. and here in the uk, the government has set out its plans to regulate ai with new guidelines on responsible use. critics fear the rapid growth of ai could threaten jobs or be used for malicious purposes but it is boosting economies worldwide. let s get the latest thoughts on all this with sue daley from the industry body techuk. sue, remind us why governments and businesses think ai can do us harm? ai technologies have huge potential to help our economy and our society. to address issues such as increased productivity, help in the climate change emergency, to help people in their everyday lives. there are concerns around how this rapidly evolving technology is having an impact on the way that we live, work and importantly, how do we get this right and notjust and impo

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Transcripts For BBCNEWS World Business Report 20240706

but adidas had said it was too similar to its famous three stripe mark which has featured on its products for more than 70 years. adidas has declined to make any further comment on its about turn. let s bring in our north america business correspondent michelle fleury. adidas have buckled under some sort of pressure. any idea why? this is a logo we are familiar with any idea why? this is a logo we are familiar with and any idea why? this is a logo we are familiar with and it any idea why? this is a logo we are familiar with and it has any idea why? this is a logo we are familiar with and it has enjoyed - any idea why? this is a logo we are familiar with and it has enjoyed a i familiar with and it has enjoyed a resurgence within trainers and now here we are a couple of days after they opposed a new trademark application from black lives matter, they have reversed course on their objection, the company did not give a reason, but apparently a source told reuters that adi

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Transcripts For KNTV NBC 20240703

at penn and mit as colleges try to keep commencements on track this weekend. the controversy in virginia. a school board voting to restore confederate names to schools. the scary moment at the italian open. tennis superstar novak djokovic struck in the head by a water bottle and collapsing. what we know. and the spectacular show tonight. why the northern lights may be visible as far as the deep south. announcer: this is nbc nightly news with lester holt. good evening, and welcome, everyone. he is the biggest witness we haven t seen in donald trump s criminal trial, but that is expected to change monday morning when multiple sources tell nbc news, donald trump s former attorney, michael cohen, will come face-to-face with his ex-boss and testify for the prosecution in his falsified business records case. cohen, who was once fiercely loyal to mr. trump and now a frequent and vocal critic, is expected to be questioned about a $130,000 hush money payout he says he made

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