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investing the money they had originally promised. from new york samira hussain explains. after the ohio town where it is based,it after the ohio town where it is based, it started in 2019 and words heralded by then us president donald trump does company that was bringing back manufacturing. since then it has struggled to make electric shocks, making only a handful. they also blame part of their failures on the taiwanese company foxconn, which says promised to invest more money and to collaborate on vehicle development plans. foxconn, which has already invested more than $50 million, said it was hoping to negotiate a solution to lordstown s financial woes. lordstown is not the only electric truck maker that has been suffering lately, river yealm, but by amazon, has made less cars, trucks, advance that it had expected. it is all a big come down from the electric truck frenzy that had wall street investors just a few years ago. that is samira hussain in new york. in other ....
turn out to see people already arriving here. to tell us a bit about what will happen here tonight, i mjoined by about what will happen here tonight, i m joined by david young. david is a former congressman for the third district and iowa, also former chief of staff to chuck grassley, the senior senator, so he knows his iowa politics. what ll happen here tonight? in iowa, we don tjust pick corn, but presidents, that s what we re but presidents, that s what we re doing tonight. first to say hi we re doing tonight. first to say hi to we re doing tonight. first to say hi to your viewers and in being say hi to your viewers and in being educated about what we do here, being educated about what we do here, it s being educated about what we do here, it s a being educated about what we do here, it s a very arduous process, here, it s a very arduous process, but it s also simple. candidates come in here and we kick the candidates come in here and we kick the tir ....
Big come down from the electric truck frenzy that had wall street investors just a few years ago. that is samira hussain in new york. in other news this morning, a usjudge has rejected a bid by cryptocurrency exchange ftx s founded to throw out most of the common s criminal case against the company. the prosecutor claims that sam bankman fried had stolen millions of dollars from customers to plug the gaps of a hedge fund had also founded. a shareholder in the indian head tech start up has slashed the worth of the state of the company, process, the largest non found a shareholder of that start up downsized its stake to just under $500 million recently. that is in stark contrast to the $6 billion at which the company had valued them last november. it comes at a time when india s most valuable start up faces a number of challenges, including resignation of board members. ....
Can you explain americans ash not to be selfish, how does this help them? this year i asked our people to encourage more commitments that helped america. either america along with other countries or exclusively america. we have a lot of interesting commitments coming out of. we did last year when the economy was really rock bottom. i ll give you one example, a small one. this summer, young people who are used to summer jobs, helping them to support their families or go to college, were real disappointed, there was a big come down in summer jobs. we have a donor this year that is going to create a few hundred summer jobs for young people, afterschool jobs, painting old buildings in new york with tar roofs whitewashing them or otherwise ....
Can you explain americans ash not to be selfish, how does this help them? this year i asked our people to encourage more commitments that helped america. either america along with other countries or exclusively america. we have a lot of interesting commitments coming out of. we did last year when the economy was really rock bottom. i ll give you one example, a small one. this summer, young people who are used to summer jobs, helping them to support their families or go to college, were real disappointed, there was a big come down in summer jobs. we have a donor this year that is going to create a few hundred summer jobs for young people, afterschool jobs, painting old buildings in new york with tar roofs whitewashing them or otherwise ....