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Apr 22, 2024
04/24
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. >> commerce secretary gina raimondo is a fast-rising star in the democratic party, enforcing large parts of our tough china trade policy, while working to create millions of new jobs here in the u.s. >> we allowed manufacturing in this country to wither on the vine in search of cheaper labor in asia, cheaper capital in asia. and here we are. >>> pretty well hidden, isn't it? >> if you didn't know how to get here, you wouldn't easily stumble across it. >> on the wind-swept island of alderney, the nazis operated concentration camps on british soil. decades later, the british government is investigating how many people were killed here. >> why might the british government have tried to cover up what happened on the channel islands? >> the world is full of great comedians. >>> kevin hart is a great comedian. a movie star, and, as you'll hear tonight, a budding tycoon. >> cheers. >> are you a billionaire yet? >> none of your business, man. are you trying to get me robbed? trying to get me knocked in the head? >> i'm lesley stahl. >> i'm bill whitaker. >> i'm anderson cooper. >> i'm shar
. >> commerce secretary gina raimondo is a fast-rising star in the democratic party, enforcing large parts of our tough china trade policy, while working to create millions of new jobs here in the u.s. >> we allowed manufacturing in this country to wither on the vine in search of cheaper labor in asia, cheaper capital in asia. and here we are. >>> pretty well hidden, isn't it? >> if you didn't know how to get here, you wouldn't easily stumble across it. >> on...
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Apr 8, 2024
04/24
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CNBC
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gina raimondo will join cnbc at 9:30 a.m. eastern to talk more about the announcement and much more. gina raimondo on "squawk on the street" at 9:30 a.m. talking about the award from the chips act. >>> janet yellen sitting down with sara eisen earlier today. she addressed a wide range of issues, including the further u.s. tariffs on chinese goods and electric vehicles and green exports and the ability of u.s. companies to operate in china. >> some of the techniques they use sub asi use sub adizing their firms heavy leadership and supporting them when they are losing money when demand is weak relative to the great capacity to supply products like solar panels where prices plummet which drive our firms out of business. >> let's get investor reaction now. brendan ahern is with crane shares. brendan, good to see you. >> likewise, frank. >> a lot of ground covered in the interview with janet yellen. one thing that made people's ears perk up is tariffs and it is on the table. how should investors take that? >> this is a negotiating
gina raimondo will join cnbc at 9:30 a.m. eastern to talk more about the announcement and much more. gina raimondo on "squawk on the street" at 9:30 a.m. talking about the award from the chips act. >>> janet yellen sitting down with sara eisen earlier today. she addressed a wide range of issues, including the further u.s. tariffs on chinese goods and electric vehicles and green exports and the ability of u.s. companies to operate in china. >> some of the techniques they...
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Apr 18, 2024
04/24
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commerce secretary raimondo confirmed that micron will receive the next chips award companies expected to get $6.1 billion in direct grants from the commerce department to help build out manufacturing lubs in idaho and new york senate majority leader chuck schumer touting the investment in his home state micron will invest more than $100 billion, create more than 50,000 jobs in new york and those will be in manufacturing, construction, and all along the supply chain a senior biden administration official adding how the chips act is making america more competitive, creating jobs and driving economic growth in syracuse and across the country. the commerce department has $10 billion left to doll out from the $39 billion fund raimondo told us this week that all of that money will be allocated by the end of this year raimondo told me the next rounds are likely to focus on memory chips and funding for suppliers, waivers, chemicals, those input products we need to support chip manufacturing in the u.s. >> so $10 billion left here? >> yep exactly. >> that's a lot of money, but it's not all tha
commerce secretary raimondo confirmed that micron will receive the next chips award companies expected to get $6.1 billion in direct grants from the commerce department to help build out manufacturing lubs in idaho and new york senate majority leader chuck schumer touting the investment in his home state micron will invest more than $100 billion, create more than 50,000 jobs in new york and those will be in manufacturing, construction, and all along the supply chain a senior biden...
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Apr 26, 2024
04/24
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FBC
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they rated congress secretary gina raimondo this. this'll be unacceptable in a failure to export against the blacklisted champion of the ccp which is actively working against the security interest of the united states. we urge you to reconsider the damaging posture and immediately revoke all export licenses to huawei. a word on huawei, you've done an incredible amount of work and i brought this and my book the cost which came out in 2020. huawei is the ccp's main tool of surveillance, is that not in terms of surveilling other countries. huawei equipment is used around the world and now you have these two lawmakers urging gina raimondo the congress department not to get business to huawei and put the pipes in american homes and businesses because they are spying on us. >> huawei has come roaring back, this is very distressing there at the end of 2023, the total revenue $100 billion so that put them squarely in the fortune global 100. one of the biggest companies in the world and they have been allowed to grow back and a lot of success
they rated congress secretary gina raimondo this. this'll be unacceptable in a failure to export against the blacklisted champion of the ccp which is actively working against the security interest of the united states. we urge you to reconsider the damaging posture and immediately revoke all export licenses to huawei. a word on huawei, you've done an incredible amount of work and i brought this and my book the cost which came out in 2020. huawei is the ccp's main tool of surveillance, is that...
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Apr 1, 2024
04/24
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BBCNEWS
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last month gina raimondo visited the philippines and thailand, pledging over $1 billion in spending in manila and saying to deepen economic engagement in the indo—pacific. meanwhile, china's investment in the region rose by more than a third. 0ne provider measuring this is a company setting up corporations when they expand internationally. the chief executive told us by the region is attractive to investors. we are a gullible _ is attractive to investors. - are a gullible platform but we are a gullible platform but we are across the world and have a particular strength in asia. we are starting to see an increase in demand for support for those essential business services, for new entrants and especially for new entrants and especially for clients who may have less familiarity with the region so for new locations.— familiarity with the region so for new locations. what other sectors do — for new locations. what other sectors do you _ for new locations. what other sectors do you see _ for new locations. what other sectors do you see getting . sectors do you see getting traction in
last month gina raimondo visited the philippines and thailand, pledging over $1 billion in spending in manila and saying to deepen economic engagement in the indo—pacific. meanwhile, china's investment in the region rose by more than a third. 0ne provider measuring this is a company setting up corporations when they expand internationally. the chief executive told us by the region is attractive to investors. we are a gullible _ is attractive to investors. - are a gullible platform but we are...
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Apr 1, 2024
04/24
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just last month, us commerce secretary gina raimondo visited the phillippines and thailand — pledging over a billion dollars in spending in manila — and saying the us wants to deepen economic engagement in the indo—pacific. meanwhile, china's investment in the region rose by more than a third last year. 0ne provider who is measuring this is vistra — which helps companies set up operations and hire staff when they expand internationally. it's chief executive told me why the region is attractive to investors. southeast asia has been a region of relative stability and therefore relative attractiveness for inbound investment. i attractiveness for inbound investment.— investment. i guess interestingly, - investment. i guess i interestingly, because investment. i guess - interestingly, because we are across the world but we have a particular strength here in asia and we are starting to see an increased demand for support for those essential services for those essential services for new entrants and especially clients who might have less familiarity with the region. from may be new l
just last month, us commerce secretary gina raimondo visited the phillippines and thailand — pledging over a billion dollars in spending in manila — and saying the us wants to deepen economic engagement in the indo—pacific. meanwhile, china's investment in the region rose by more than a third last year. 0ne provider who is measuring this is vistra — which helps companies set up operations and hire staff when they expand internationally. it's chief executive told me why the region is...
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Apr 8, 2024
04/24
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BBCNEWS
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secretary gina raimondo said that chips the taiwanese chip—making giant first announced plans to expand into america back in 2020. however its production timelines have been delayed, partly because of uncertainty about when it would receive funds under the us chips act. paul triolo from the albright stonebridge group consultancy says the us is making huge strides to bring chip production onshore. it isa it is a huge step forward. i think ten for characterised it as the biggest foreign direct investment in greenfield facilities in us history. so it's a big step on the way to the us trying to onshore some percentage of global capacity and advanced semiconductors. right percentage is zero, so the goals that the commerce department has set up for these investments is to reach about 20% of global capacity for advanced semiconductors by 2030. this is a big step in that direction.— 2030. this is a big step in that direction. it's not 'ust investments i that direction. it's not 'ust investments coming h that direction. it's notjust investments coming from | that direction. it's notj
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Apr 14, 2024
04/24
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the honorable gina raimondo, secretary of commerce. >> before dinner was served, the two first couples descended the staircase in the white house's cross hall for their official portrait from the evening -- portrait of the evening. ♪ ♪ ♪ ♪ ♪ and finally, a peek into the dinner itself, the only view the public gets for this kind of white house event. we will hear president biden and japanese prime minister fumio kishida's toast to each other in their countries. pres. biden: and i'm delighted that you are here. even the cherry blossoms bloomed early. they did, by the way, they did. those blossoms are the first time spring gives rise and a reminder we can begin a new every year. and to all -- tomorrow can be a better day than today. what both our countries hold dear, new beginnings. thank you again for being here. and a few days after my inauguration over three years ago, i received a big, shiny blue and red envelope covered with stickers on the envelope. it was a big envelope. it was full of letters from elementary school teacher in japan who compiled them from her students. sh
the honorable gina raimondo, secretary of commerce. >> before dinner was served, the two first couples descended the staircase in the white house's cross hall for their official portrait from the evening -- portrait of the evening. ♪ ♪ ♪ ♪ ♪ and finally, a peek into the dinner itself, the only view the public gets for this kind of white house event. we will hear president biden and japanese prime minister fumio kishida's toast to each other in their countries. pres. biden: and...
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Apr 2, 2024
04/24
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BBCNEWS
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commerce secretary gina raimondo and british technology secretary michelle donelan signed a memorandum of understanding in washington to jointly develop advanced ai model testing, following commitments announced at an ai safety summit in bletchley park in november. here to explain more is tim davies, ceo of ai consultancy, projekt rising. what are the safety concerns? how these models could perform in the future, the development of a new form of intelligence and with any new intelligence there are risks. these safety tests evaluate whether the models are safe and will perform reliably in the functions they are deemed to work in. these tests are working jointly with the us and the uk to line and make sure there is commonality in the testing approach. next—generation versions, many people are onlyjust catching up with the idea of ai, where are we? we are moving very quickly. the primary model most people are used to experiencing is within chat gpt, 3.5 turbo orfour turbo, to experiencing is within chat gpt, 3.5 turbo or four turbo, they are old by relative standards, 18 months old, new
commerce secretary gina raimondo and british technology secretary michelle donelan signed a memorandum of understanding in washington to jointly develop advanced ai model testing, following commitments announced at an ai safety summit in bletchley park in november. here to explain more is tim davies, ceo of ai consultancy, projekt rising. what are the safety concerns? how these models could perform in the future, the development of a new form of intelligence and with any new intelligence there...
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Apr 8, 2024
04/24
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secretary of commerce, gina raimondo, and the u.s. ambassador to china, nick burns, prior to a visit to china. what the review board attributed this breach, that should have been preventable, to was the fact it identified microsoft as having poor security processes, a lack of transparency into the breach, and a lax corporate culture when it comes to cybersecurity. caroline: and we have got to remember the frustrations gina raimondo showed, particularly in the trip to china and what was ultimately -- the huawei phone suddenly presented and everyone realizing perhaps some of the limitations on tech from u.s. to china perhaps is not doing the job many had thought. i am interested in the threat act known as storm 0058. how much should microsoft have been able to prevent all of this, or how many other risks are they overcoming on a day-to-day basis? we are shouting out one particular failing, but how determined are they to achieve what they want to do? kiersten: this is the big concern, because we continue to see these types of just happen
secretary of commerce, gina raimondo, and the u.s. ambassador to china, nick burns, prior to a visit to china. what the review board attributed this breach, that should have been preventable, to was the fact it identified microsoft as having poor security processes, a lack of transparency into the breach, and a lax corporate culture when it comes to cybersecurity. caroline: and we have got to remember the frustrations gina raimondo showed, particularly in the trip to china and what was...
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Apr 18, 2024
04/24
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we came back a couple of weeks later and we got a call from secretary raimondo, who was in charge of the department of commerce. his department of commerce will be making the decision. we were ready for the call when he was coming so we had to conference with secretary raimondo and on the other line was senator lindsey graham, congressman jim kleinman and yours truly. and so, we recited the facts. we explained all we were doing and how we anticipated this and we were way ahead of everybody else. at the end of the conversation, senator graham started cutting up and before long we were laughing and joking and just having a delightful time. and secretary mondo says this is quite unusual. i have never had a bipartisan conversation like this in my career. i said, that's the south carolina way. we know the demand for trained ev workforces are outpacing the number of qualified applicants manufacturers like bmw, mercedes-benz, volvo cars and scout motors will need a highly specialized and trained workforce of almost 20,000 south carolinians. they will need them soon to meet this demand. my t
we came back a couple of weeks later and we got a call from secretary raimondo, who was in charge of the department of commerce. his department of commerce will be making the decision. we were ready for the call when he was coming so we had to conference with secretary raimondo and on the other line was senator lindsey graham, congressman jim kleinman and yours truly. and so, we recited the facts. we explained all we were doing and how we anticipated this and we were way ahead of everybody...
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Apr 16, 2024
04/24
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this has been gina raimondo's thing. keep a separated and competing against china and making sure these restrictions go in place so that the lead, at least the perceived lead that u.s. companies have, can be maintained. i would also note it's interesting because microsoft, they're talking about security and support. micro soth was taken to task just a couple weeks ago for some cybersecurity failures. it had hacked emails of government officials. not perfect reputation, but better than at least in the u.s. government's mind better than a chinese company taking over. >> steve, thank you. >> steve, thanks. >>> still ahead, a host of new economic data out of china raising questions about the recovery narrative there. we will get a live report from beijing when we return in two. morikawa on 18. he is really boxed in here. -not a good spot. off the comcast business van. into the vending area. oh, not the fries! where's the ball? -anybody see it? oh wait, there it is! -back into play and... aw no, it's in the water. wait a minu
this has been gina raimondo's thing. keep a separated and competing against china and making sure these restrictions go in place so that the lead, at least the perceived lead that u.s. companies have, can be maintained. i would also note it's interesting because microsoft, they're talking about security and support. micro soth was taken to task just a couple weeks ago for some cybersecurity failures. it had hacked emails of government officials. not perfect reputation, but better than at least...
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Apr 29, 2024
04/24
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africa amid the planned withdrawal of us troops from some african countries commerce secretary gina raimondo. >> raimondo traveled to kenya last week with a message that washington wants to ramp up trade and investment in the region. cnn's larry madowo sat down with the circuitry for this exclusive interview. >> we want to invest, we want to be the partner of choice. we're not going to force you to choose us. we think we're the best, we think we offer opportunities it's consistent with your values of freedom and democracy. and so we want to be the partner that you choose to work with. >> so secretary, why is the us the best? over and say china or russia that also making big moves into the continent why the us the best four african countries, because like you, we are a democracy like we believe in freedom we believe in an open internet. >> we believe in the market entrepreneurial ism that you have here. there aren't strings attached it's an opportunity to partner together and also, i mean, the us has best tech companies in the world, deepest capital markets best protection of ip. so that's wh
africa amid the planned withdrawal of us troops from some african countries commerce secretary gina raimondo. >> raimondo traveled to kenya last week with a message that washington wants to ramp up trade and investment in the region. cnn's larry madowo sat down with the circuitry for this exclusive interview. >> we want to invest, we want to be the partner of choice. we're not going to force you to choose us. we think we're the best, we think we offer opportunities it's consistent...
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Apr 30, 2024
04/24
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one will be gina raimondo, , the commerce secretary, the famous actress michelle yeoh from everywhere, everything everywhere all at once. and, but the question of said fifth anniversary of a nato of o representing artist in which leadership award, distinct military award to general cavoli, sipping on the command of your emerald to special salute that eating tainted s well. and we will be driving conversations about nato this entire year. as atlantic council always does with its particular emphasis this year. we have seen clearly in the bravery, to bravery of ukrainian people, even as russia continues to leverage its war machine against ukraine. russia's war cast a dark shadow over the summit proceedings this july, and mandates and allies response appropriate to this historic moment. i write an occasional column called inflection points. i wrote at of the congressional decision on the supplemental i would geopolitical malpractice not to pass. i'm really glad they did pass at her with going to come to that and a second of what should come next. as heads of state and, convenient washingt
one will be gina raimondo, , the commerce secretary, the famous actress michelle yeoh from everywhere, everything everywhere all at once. and, but the question of said fifth anniversary of a nato of o representing artist in which leadership award, distinct military award to general cavoli, sipping on the command of your emerald to special salute that eating tainted s well. and we will be driving conversations about nato this entire year. as atlantic council always does with its particular...
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Apr 19, 2024
04/24
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let me thank president biden and secretary raimondo for helping make these investments possible. with their vision and leadership, we're bringing manufacturing back to the u.s., we're revitalizing middle-class families, we're giving communities left behind a second chance with new investments, new jobs, new opportunity. getting chips and science was not easy. it took a lot of convincing and persistence, but today we're starting to see why that effort was worth it. one announce ninety at a time, america -- one announcement at a time, america is securing its place as a leader in the global semiconductor industry in this century. i yield the floor and note the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: the clerk: ms. baldwin. you should always take care of yourself. to hell with everybody else. >> all right. today starts the fourth day of the trump criminal trial and manhattan. yesterday, this is what former president trump said when he talked to reporters after spending the day in court north carolina, the disinformation campaign. experts
let me thank president biden and secretary raimondo for helping make these investments possible. with their vision and leadership, we're bringing manufacturing back to the u.s., we're revitalizing middle-class families, we're giving communities left behind a second chance with new investments, new jobs, new opportunity. getting chips and science was not easy. it took a lot of convincing and persistence, but today we're starting to see why that effort was worth it. one announce ninety at a time,...
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Apr 5, 2024
04/24
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here is gina raimondo. >> ai is changing the game and ai collaboration between their office and our safety institute will get stronger all led by the ttc. caroline: away from diplomacy, twilio seeks long-term changes. this is bloomberg technology. ♪ ed: spurred by activist investors they are asking shareholders to change his board of directors or terms from one term down from three. byron dieter will not seek reelection and the board will be reduced to nine members from 10 upon the end of his term. i don't get this. are they playing defense because there's a threat? >> this is twilio seeking to avoid what happened with this name. activist investors airing dirty laundry. what we are seeing here is a classic tale where they hit a wall. they had their growth plummet and they had to do layoffs and activist investors show up. they have been agitating for changes and they have made a number of changes to keep these investors happy and prevent from getting involved in a proxy battle. caroline: i am interested this comes after jeff lawson had to stand down amid all of this. is there viewpoint th
here is gina raimondo. >> ai is changing the game and ai collaboration between their office and our safety institute will get stronger all led by the ttc. caroline: away from diplomacy, twilio seeks long-term changes. this is bloomberg technology. ♪ ed: spurred by activist investors they are asking shareholders to change his board of directors or terms from one term down from three. byron dieter will not seek reelection and the board will be reduced to nine members from 10 upon the end...
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Apr 2, 2024
04/24
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commerce secretary gina raimondo and british technology secretary michelle donelan signed a memorandum of understandingin washington to jointly develop advanced ai model testing, following commitments announced at an ai safety summit in bletchley park in november. tourism's latest frontier. we are looking into the growing trend of arctic travel. around the world and across the uk, this is bbc news. we are looking at the top business stories. tesla could be facing a bumpy road ahead. america's leading electric car company is due to report how many cars it produced and delivered globally during the first three months of this year, possibly as early as today. and wall street is worried. for more on this, here's the bbc�*s north america business correspondent michelle fleury in new york. 0ne analyst called the start of this year a nightmare for tesla as he cut his delivery forecast from 475,000 to 425,000. wall street is bracing for tesla to report its first sales decline in years. the last time that happened was during the pandemic lockdowns of 2020. so what is going on? elon musk�*s
commerce secretary gina raimondo and british technology secretary michelle donelan signed a memorandum of understandingin washington to jointly develop advanced ai model testing, following commitments announced at an ai safety summit in bletchley park in november. tourism's latest frontier. we are looking into the growing trend of arctic travel. around the world and across the uk, this is bbc news. we are looking at the top business stories. tesla could be facing a bumpy road ahead. america's...
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Apr 8, 2024
04/24
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secretary gina raimondo said that chips the taiwanese chip—making giant first announced plans to expand into america back in 2020. however its production timelines have been delayed, partly because of uncertainty about when it would receive funds under the us chips act. paul triolo from the albright stonebridge group consultancy says the us is making huge strides to bring chip production onshore. it isa it is a huge step forward. i think ten for characterised it as the biggest foreign direct investment in greenfield facilities in us history. so it's a big step on the way to the us trying to onshore some percentage of global capacity and advanced semiconductors. right percentage is zero, so the goals that the commerce department has set up for these investments is to reach about 20% of global capacity for advanced
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Apr 15, 2024
04/24
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. >> can tessa, thank you so much, secretary raimondo, thank you for being with us. officials say that this award for samsung today completes the three-legged stool of advanced chip manufacturing in the u.s. what does it mean for the u.s. and the companies depending on semi conductors? >> this is the third huge announcement in a month. our goal is to go from making 0% of semi conductors in this country to 20% by the end of the decade. with this announcement, i feel confident we will get there and we will create hundreds of thousands of jobs for americans. what we are doing here is millions of square feet of new development. it is unbelievable. it will be twice as big as the signature facility in korea. it will be manufacturing and also packaging and also research and development and they will have a workforce training center right on the campus. i think they will also have a childcare center right on campus. it is like a little city of manufacturing and around it will come suppliers. the whole ecosystem. research and development, packaging, new manufacturing, job tra
. >> can tessa, thank you so much, secretary raimondo, thank you for being with us. officials say that this award for samsung today completes the three-legged stool of advanced chip manufacturing in the u.s. what does it mean for the u.s. and the companies depending on semi conductors? >> this is the third huge announcement in a month. our goal is to go from making 0% of semi conductors in this country to 20% by the end of the decade. with this announcement, i feel confident we will...
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Apr 15, 2024
04/24
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for more on this, don't miss the interview with commerce secretary gina raimondo at 2:00 p.m. eastern time. >>> coming up on "worldwide exchange," we have more ahead and the one word investors need to know today. >>> plus, the banks are coming off the worst sessions in a few weeks with the warning from jpmorgan chase. we have the numbers you need to know in just a moment. >>> plus, more on the uncertainty in the middle east. why energy traders may have already priced in the worst -cae scenarios. we have a very busy hour still ahead when "worldwide exchange" returns. stay with us. at ameriprise financial our advice is personalized based on your goals, whatever they may be. all that planning has paid off. looks like you can make this work. we can make this work. and the feeling of confidence that comes from our advice... i can make this work. that seems to be universal. i can make this work. i can make this work. no wonder more than 9 out of 10 clients are likely to recommend us. because advice worth listening to is advice worth talking about. ameriprise financial. business. is
for more on this, don't miss the interview with commerce secretary gina raimondo at 2:00 p.m. eastern time. >>> coming up on "worldwide exchange," we have more ahead and the one word investors need to know today. >>> plus, the banks are coming off the worst sessions in a few weeks with the warning from jpmorgan chase. we have the numbers you need to know in just a moment. >>> plus, more on the uncertainty in the middle east. why energy traders may have...
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Apr 5, 2024
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now, our country, to the good work of commerce secretary gina raimondo, is trying to reassert herself as a major player in semite conductor production, because it would be easy for the chinese government to cut that supply chain off. intel is playing a key role in this process but is not clear to me that intel is going to do it also well. the business could be a big money loser for years to come. i have seen difficulties in semiconductor manufacturing. the ceo made a very promotional appearance on our network a few years ago. then on wednesday he revealed that the division he was promoting had racked up operating losses of nearly $7 billion in 2023. now, along comes stacy racked cough at bernstein and he decided to tell it the way it is. first of all, the goal posts keep moving. the margin goals were booted from 2026 to 2030. hence the title of the piece, intel, see you in 2030. then he lowers the boom on this incredible singer. why do they do this to themselves? he goes on, intel story over the last several years has been one that has dashed expectations from outlandishly bullish tar
now, our country, to the good work of commerce secretary gina raimondo, is trying to reassert herself as a major player in semite conductor production, because it would be easy for the chinese government to cut that supply chain off. intel is playing a key role in this process but is not clear to me that intel is going to do it also well. the business could be a big money loser for years to come. i have seen difficulties in semiconductor manufacturing. the ceo made a very promotional appearance...
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Apr 25, 2024
04/24
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gina raimondo told cnbc the focus from here is focus on chemicals. all of the input products we need to build chip manufacturing in the u.s frank. >> again, announcing that micron is the latest to receive the funding from the chips act how does this fuel the growth in the u.s. >> re >> this announcement is focused on memory chips and specific to high bandwidth these are crucial in training a.i. systems and large language models the more we can build out memory for the systems, that means it can cover more of what the user wants. they will be designing and producing those in the boise plant and producing those in a major way and manufacturing in a major way in syracuse. official says this is a crucial step to bring a lot of a.i. development to the u.s >> our data team has been crunching the numbers. chips act funding has just been run out. is there a second chips act program to support investments so far >> there's a lot of talk about that we hear chips 2.0. it is a difficult thing to get congress to sign on to something where you allocate more money
gina raimondo told cnbc the focus from here is focus on chemicals. all of the input products we need to build chip manufacturing in the u.s frank. >> again, announcing that micron is the latest to receive the funding from the chips act how does this fuel the growth in the u.s. >> re >> this announcement is focused on memory chips and specific to high bandwidth these are crucial in training a.i. systems and large language models the more we can build out memory for the systems,...
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Apr 12, 2024
04/24
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guests are gina raimondo and actress drew barrymore. to learn more, scan the qr code on the screen or go to cnbc.com/changemakers. we are back in just a moment. (grandpa) i'm the richest guy in the world. (man 1) i have time to give. (man 2) i have people i can count on. (grandma) and a million stories to share. (vo) the key to being rich is knowing what counts. >>> welcome back. time for the "wex wrap-up." the wall street journal reporting china directing the telecom carriers to phase out foreign processors by 2030. >>> and apple is looking to focus on m-4 chips. it has been slowing with struggling computer sales. >>> and sam bankman-fried is looking to appeal his sentence. he will have to petition the supreme court to take the case. >>> and federal regulators are investigating morgan stanley of laundering money with clients. >>> and fuzzy panda allegations of the insurance fraud calling the report misleading. globe life is looking at a short position. >>> and cathie wood's ark fund is exploding in openai stock. >>> here is what to wat
guests are gina raimondo and actress drew barrymore. to learn more, scan the qr code on the screen or go to cnbc.com/changemakers. we are back in just a moment. (grandpa) i'm the richest guy in the world. (man 1) i have time to give. (man 2) i have people i can count on. (grandma) and a million stories to share. (vo) the key to being rich is knowing what counts. >>> welcome back. time for the "wex wrap-up." the wall street journal reporting china directing the telecom...
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Apr 19, 2024
04/24
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. >>> lot of news in chips raimondo is going to be on "60 minutes" sunday, a nice profile of how she's made commerce a pretty powerful agency >> out of nowhere. i remember when commerce was a place that issued a lot of things, and you got really, really terrific dinners. >> now it's the locus, they say, of national security, job creation, manufacturing, and then, jim, nvidia's on the cover of barons this weekend and it's a piece about competition coming, look out, here comes amd. they won the first round of a.i. we'll see what happens now >> look, here comes amd. look, lisa su would tell you -- l lisa su, congratulations on winning an award from the franklin institute last night in philadelphia lisa su would tell you that her chips do not offer the software. they're just hardware. by the way, intel is 100% hardware but that's what matters, and when you speak to nvidia or go to the conference, you realize that the giant leap that nvidia has over everybody else. but you know, with blackwell, it's going to be unbelievable. the long nooknives are out for nvidia ever since gtc. remember wha
. >>> lot of news in chips raimondo is going to be on "60 minutes" sunday, a nice profile of how she's made commerce a pretty powerful agency >> out of nowhere. i remember when commerce was a place that issued a lot of things, and you got really, really terrific dinners. >> now it's the locus, they say, of national security, job creation, manufacturing, and then, jim, nvidia's on the cover of barons this weekend and it's a piece about competition coming, look out,...
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Apr 26, 2024
04/24
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FOXNEWSW
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. >> laura: all right, raimondo, i could write a book with our adventures at the white house correspondence dinners in years past. >> raymond: may have to. >> laura: someone may have snuck in at some point when they lost their ticket. have a great weekend. a reality check coming for biden. he thinks he is the most prounion president ever. my next guest is going to set the record straight. is he a union leader who even has -- there's news, and there's good news. like thousands of patients receiving free life changing surgeries, from volunteer doctors and nurses on hospital ships. all made possible by donations. we love good news. >> laura: we all know that biden tax grant and joe tries to present himself as the champion of union workers nationwide. >> one of the reasons i ran for president is to build a backbone for the middle class. and we have. following my blue-collar blueprint to build america and guess what, it is a working. i'm proud to be the most prounion president in american history. >> laura: but trump is not ceding blue-collar workers to the man who has driven inflation and the c
. >> laura: all right, raimondo, i could write a book with our adventures at the white house correspondence dinners in years past. >> raymond: may have to. >> laura: someone may have snuck in at some point when they lost their ticket. have a great weekend. a reality check coming for biden. he thinks he is the most prounion president ever. my next guest is going to set the record straight. is he a union leader who even has -- there's news, and there's good news. like thousands...
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Apr 22, 2024
04/24
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. >> commerce secretary gina raimondo is a fast-rising star in the democratic party,
. >> commerce secretary gina raimondo is a fast-rising star in the democratic party,
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Apr 9, 2024
04/24
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gina raimondo said the investment is significant for the semiconductor ambitions. >> a.i. runs on 2 nanometer. right now, the u.s. makes zero of the chips in america. tsmc will make them in america at scale. it is good for the economy and national security. you can't be a great nation if you buy all of your leading edge chips from one company in a foreign country. >> andsamsung is set to receive $6 billion subsidy from the u.s. government to expand the plant. it will double the factory from the agreement. >>> and turning to congress. it is back in session today after the two-week holiday recess. they are facing debate over aid to israel and ukraine a and taiwan. we have drew petrimeaux with more from washington. >> reporter: house republicans impeached mayorkas in february. there will able short trial with the republicans taking to the senate floor yesterday to make the case for a full trial. 67 votes are needed for conviction. with the democrats in control of the senate, it is almost certain to fail. in the house, members return today and funding for ukraine, israel and t
gina raimondo said the investment is significant for the semiconductor ambitions. >> a.i. runs on 2 nanometer. right now, the u.s. makes zero of the chips in america. tsmc will make them in america at scale. it is good for the economy and national security. you can't be a great nation if you buy all of your leading edge chips from one company in a foreign country. >> andsamsung is set to receive $6 billion subsidy from the u.s. government to expand the plant. it will double the...
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Apr 5, 2024
04/24
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>> i think that i don't want secretary raimondo to be on the hot seat about this, but intel's one to do it, and intel was a great manufacturer, but that was a different intel. it was just a different intel. they used to have a couple of people on a s.w.a.t. team that could put plants anywhere. used to be an intel hawk. i went to the israeli plant on saturday where no one works, which is pretty amazing, and then i went to the opening of the irish plant, and they just knew how to build. these guys, not so clear. it's a construction project. >> right. >> and then after that, you bring in lam, bring in asm, and it seems like samsung knows what to do, and taiwan semi really doesn't. samsung is a great ally. great what they're doing. >> yeah. >> really great. >>> boeing's an interesting story today, jim. reuters has a piece that they and airbus are exploring ways to divvy up the spirit operations. >> well, i mean, dave calhoun was very good at expressing that boeing has to get control of the fuselage, which means they have to get control of spirit. i remember when -- unfortunately, i'm old
>> i think that i don't want secretary raimondo to be on the hot seat about this, but intel's one to do it, and intel was a great manufacturer, but that was a different intel. it was just a different intel. they used to have a couple of people on a s.w.a.t. team that could put plants anywhere. used to be an intel hawk. i went to the israeli plant on saturday where no one works, which is pretty amazing, and then i went to the opening of the irish plant, and they just knew how to build....
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Apr 18, 2024
04/24
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where you'll hear from leaders including the principal dancer of the american ballet theater, gina raimondo, commissioner of the wnba, scan the qr code or visit cnbcevents.com/change makers for more. great nvticoersaons all day at that event we're back in two. the all new godaddy airo helps you get your business online in minutes with the power of ai... ...with a perfect name, a great logo, and a beautiful website. just start with a domain, a few clicks, and you're in business. make now the future at godaddy.com/airo ♪♪ ♪♪ ♪♪ ♪♪ ♪♪ >>> welcome back to "squawk on the street." shares of netflix have reversed up a bit today the company will report after the bell our next guest keen on strong engage mjts and higher industry pricing. has buy rating on the stock. price target 700 alan, good to have you here. what are the trends that give you confidence going into the earnings print where you think it's going to be a good one? >> number one nielsen comes out with monthly data on share of television consumption netflix was at almost 8% this quarter, second best quarter they've h
where you'll hear from leaders including the principal dancer of the american ballet theater, gina raimondo, commissioner of the wnba, scan the qr code or visit cnbcevents.com/change makers for more. great nvticoersaons all day at that event we're back in two. the all new godaddy airo helps you get your business online in minutes with the power of ai... ...with a perfect name, a great logo, and a beautiful website. just start with a domain, a few clicks, and you're in business. make now the...
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Apr 8, 2024
04/24
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commerce secretary gina raimondo will join the conversation. >>> and we'll hear from democratic senator tim kaine. a busy "morning joe" a few moments away. fred! how are you?! fred... fuel up to 7 brain health indicators, including your memory. join the neuriva brain health challenge. i thought i knew a lot about our irish roots; i was surprised to learn so many more things. there's the family name. 1892 wow. that one here is the boat they came over on. yes. wow. here's to getting better with age. here's to beating these two every thursday. help fuel today with boost high protein, complete nutrition you need... ...without the stuff you don't. so, here's to now. boost. when you have chronic kidney disease, there are places you'd like to be. like here. and here. not so much here. farxiga reduces the risk of kidney failure which can lead to dialysis. ♪ far-xi-ga ♪ ♪♪ farxiga can cause serious side effects, including ketoacidosis that may be fatal, dehydration, urinary tract or genital yeast infections and low blood sugar. a rare, life-threatening bacterial infection in the skin of
commerce secretary gina raimondo will join the conversation. >>> and we'll hear from democratic senator tim kaine. a busy "morning joe" a few moments away. fred! how are you?! fred... fuel up to 7 brain health indicators, including your memory. join the neuriva brain health challenge. i thought i knew a lot about our irish roots; i was surprised to learn so many more things. there's the family name. 1892 wow. that one here is the boat they came over on. yes. wow. here's to...
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Apr 17, 2024
04/24
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FBC
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microsoft is up nearly $3 -- lauren: gina raimondo at commerce likes it too. stuart: they're going to vote on musk's pay package. do they want to reinstate it? lauren: they do. and they want to reincorporate tesla from delaware to texas. just to put this story very simply to you, shareholders like e ron musk, and texas likes elon musk. they kind of go together. that a pay package, by the way, that that's been disputed in delaware is now worth just $40 billion because of the decline in tesla shares. they're dead flat at 157 right now, and they're at a 1-year low. the chair of the tesla board says musk has not been paid for decision years, and he deserves it. shareholders in june will vote on whether to move tesla's incorporation from delaware to texas. and also, you know, to reinstate that pay package for him. two quick side notes, cathie wood is a bull, she bought 21,000 additional he's that shares. and you have the next -- additional shares, and you have the next catalyst tuesday, earnings. stuart: the stock though 156, dead flat as we speak. lauren: because
microsoft is up nearly $3 -- lauren: gina raimondo at commerce likes it too. stuart: they're going to vote on musk's pay package. do they want to reinstate it? lauren: they do. and they want to reincorporate tesla from delaware to texas. just to put this story very simply to you, shareholders like e ron musk, and texas likes elon musk. they kind of go together. that a pay package, by the way, that that's been disputed in delaware is now worth just $40 billion because of the decline in tesla...
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Apr 24, 2024
04/24
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investigators believe career criminal and known gang member raimondo was the trigger man. he is now in custody, arrested hours after the shooting with a gun on him. the l.a. county sheriff says surveillance video and witness statements tied him to the shooting. >> that he has a very extensive criminal history. i could tell you by bulleted points it took up over half the page. and a lot of the acts were violent. >> multiple law enforcement sources tell fox der ron has a prior conviction for manslaughter after he stabbed his co-worker to death in 2001. in 2021, he was convicted of flown evading after leading police on this pursuit in los angeles county. but he only spent months behind bars for it. in 2022, der ron was convicted again for being a felon in possession of a firearm. la d.a. george gascon claimed today his office will holder ron accountable. >> it will lead hopefully to a conviction if we are able to prove the case. >> shannon, obviously questions now how a suspect with this kind of criminal history could be out on the streets. i reached out to la d.a. george gas
investigators believe career criminal and known gang member raimondo was the trigger man. he is now in custody, arrested hours after the shooting with a gun on him. the l.a. county sheriff says surveillance video and witness statements tied him to the shooting. >> that he has a very extensive criminal history. i could tell you by bulleted points it took up over half the page. and a lot of the acts were violent. >> multiple law enforcement sources tell fox der ron has a prior...
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Apr 8, 2024
04/24
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. >> that was secretary of commerce gina raimondo on 'quack "squawk on the street" this morning. the biden administration giving t tsmc $6 billion with an additional possibility for $5 billion in loan. intel holds the biggest grant, with $8.5 billion award last month. where should we be giving a non-u.s. company that could be taken over by the chinese, in theory, all these billions? does it matter that this taiwanese company is manufacturing in the u.s. if it is still a taiwanese company that is, in theory, under the thumb of the communist party? >> all good points. another point is, you know, what does this do to u.s./china relations? how do they interpret this? is this an escalation of already strained relationships? i have no idea, but you made a point in one of our calls today, like, why can't a company like intel take this and run with the ball? is it about indictment on u.s. companies? >> of course it is. you just heard, what we have in the chips. zero. so, i mean, it tells you what they've not been doing. it also, you know, frankly, this project in arizona hasn't gone so w
. >> that was secretary of commerce gina raimondo on 'quack "squawk on the street" this morning. the biden administration giving t tsmc $6 billion with an additional possibility for $5 billion in loan. intel holds the biggest grant, with $8.5 billion award last month. where should we be giving a non-u.s. company that could be taken over by the chinese, in theory, all these billions? does it matter that this taiwanese company is manufacturing in the u.s. if it is still a...
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Apr 8, 2024
04/24
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this morning i got to interview gina raimondo about a grant that taiwan semiconductor so it can help support an investment of $65 billion in leading edge semiconductor foundries in phoenix, arizona. if it takes $6.5 billion to get $65 billion investment, that's pretty darn good carrot. when we drilled down, madam secretary said the project would create 20,000 construction jobs and 6,000 direct manufacturing jobs when finished. i, frankly, was flabbergasted, because i couldn't even imagine where they're going to find these people. it's going to be borderline impossible with unemployment this low. we simply don't have enough documented and permitted construction workers in that part of the country. and america doesn't produce enough engineers to ensure that taiwan semi can get things going by the end of the decade. given that these are the best of the best chips, at least for right now, we're going have to recruit like you wouldn't believe. we only produce 70,000 undergraduate engineers right now. taiwan, a small island nation with not even a tenth of our population has 11 major engine
this morning i got to interview gina raimondo about a grant that taiwan semiconductor so it can help support an investment of $65 billion in leading edge semiconductor foundries in phoenix, arizona. if it takes $6.5 billion to get $65 billion investment, that's pretty darn good carrot. when we drilled down, madam secretary said the project would create 20,000 construction jobs and 6,000 direct manufacturing jobs when finished. i, frankly, was flabbergasted, because i couldn't even imagine where...
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Apr 9, 2024
04/24
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CSPAN2
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just yesterday, senate kelly walter lambert, present and secretary raimondo announce a deal with tsmc, $65 billion to private investment. amazing. so let the good news ring from coast to coast. chips, science act, which i worked hard to pass in the senate is delivering on its promise bringing manufacturing back to america, shoring up our supply chain, increasing our national security. just like the announcements of global foundries, intel and others, the announcement means new jobs, new economic activity, and there's more yet to come. stay tuned about micron and its $100 billion investment in upstate new york. the chips and science act along with the infrastructure law, the ira, the american rescue plan, all show that democrats made historic investments in manufacturing and workers comp. now it's clear those investments are paying off. though house republicans has been a lot of energy attacking women's choice, calling for cuts to social security, and raising the retirement age. the contrast is glaring. we are creating jobs and wealth and new economy. they are talked about cutting back
just yesterday, senate kelly walter lambert, present and secretary raimondo announce a deal with tsmc, $65 billion to private investment. amazing. so let the good news ring from coast to coast. chips, science act, which i worked hard to pass in the senate is delivering on its promise bringing manufacturing back to america, shoring up our supply chain, increasing our national security. just like the announcements of global foundries, intel and others, the announcement means new jobs, new...
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Apr 3, 2024
04/24
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CNNW
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senior officials, including commerce secretary gina raimondo, had been part of seed and cybersecurity reporter, sean lyngaas is with us now what's going on here? shot? >> john cyber espionage by world powers where there'd be russia, china, or the us is going to happen. there's going to be spying on email accounts but the way in which this happened is really incensed senior us officials. it was the state department and not microsoft that originally caught the alleged chinese hackers snooping through their email systems. and this new review that you referenced was out last night, found that this issue was entirely preventable, that microsoft did not have a good idea of access to a cryptographic key that the company uses to sign emails that the chinese hackers were allegedly able to to now, microsoft has owning up to this. they've said that they're instituting a series of changes in their security practices. and that there are a constant target of state-backed hackers. and that is absolutely true. but what this shows is that major tech companies microsoft, google, others are going to be
senior officials, including commerce secretary gina raimondo, had been part of seed and cybersecurity reporter, sean lyngaas is with us now what's going on here? shot? >> john cyber espionage by world powers where there'd be russia, china, or the us is going to happen. there's going to be spying on email accounts but the way in which this happened is really incensed senior us officials. it was the state department and not microsoft that originally caught the alleged chinese hackers...
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Apr 15, 2024
04/24
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gina raimondo is going to be on the network a little bit later today, i think at 2:00 p.m. hour, commerce secretary talking about that. >>> let's check on the futures right now. there is a bit of a relief trade going on, the s&p 500 up about 24 points. that's around a third of what was lost on friday when the market did sell off on some tough bank earnings reactions as well as anticipation, perhaps, of escalation in the middle east. you see the dow up 111 points and the nasdaq is the outperformer in percentage terms up 104 in the premarket. now to iran's attack on israel over the weekend. iran launched more than 300 drones and missiles against military targets. israel said 99% of those were inte intercepted. eamon javers joins us with the details. >> good morning, mike. in jerusalem, prime minister benjamin netanyahu is set to convene his war cabinet right now at this hour. this is the body that can decide on any israeli response to the iranian attacks over weekend. so we'll see whether this conflict can be contained in the days to come. now, the white house said this weeke
gina raimondo is going to be on the network a little bit later today, i think at 2:00 p.m. hour, commerce secretary talking about that. >>> let's check on the futures right now. there is a bit of a relief trade going on, the s&p 500 up about 24 points. that's around a third of what was lost on friday when the market did sell off on some tough bank earnings reactions as well as anticipation, perhaps, of escalation in the middle east. you see the dow up 111 points and the nasdaq is...
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Apr 8, 2024
04/24
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he and commerce second raimondo announced an agreement with tsmc arizona to support more than $65 billion in investments for three leading-edge fabs in phoenix, arizona. just like the announcement of global foundries, intel and others, today's announcement proves democrats are delivering in a big way on our promise to bring manufacturing back to the united states, strengthen national security and get ahead of rising costs from supply chain shortages. today's announcement is the kind of good news we worked for years in the senate. five years ago, i approached my friend senator young and told him we should work together on bipartisan legislation to boost manufacturing. i knew that if america wanted to remain number one in scientific might and industry, we had to be serious to get the federal government to invest. thanks to senators kelly, browne, wyden and warner and many more, with we passed chips into law and we will empower a new generation of american manufacturing. there is more to come. with further investments and projects like micron's million dollar project in upstate new york. i'm
he and commerce second raimondo announced an agreement with tsmc arizona to support more than $65 billion in investments for three leading-edge fabs in phoenix, arizona. just like the announcement of global foundries, intel and others, today's announcement proves democrats are delivering in a big way on our promise to bring manufacturing back to the united states, strengthen national security and get ahead of rising costs from supply chain shortages. today's announcement is the kind of good...
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Apr 9, 2024
04/24
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just yesterday, the president and secretary raimondo anoufrnsed a pre -- announced a preliminary deal with the tmnc arizona company to provide billions in chips and science incentives to support over $65 billion in private investment to build three leading chip edge fabs in arizona. let the good news ring from coast to coast. the chips and science act which i worked hard on to pass here in the senate along with senator young, bipartisan, is delivering on its promise to create jobs, increase innovation, bring manufacturing back to america, and revive forgotten corners of the country. and just like the announcements of global foundry, intel and others, this week's announcement means new jobs, new economic activity are on their way and there is further to come like micron's proposed $100 billion project in upstate new york. the chips and science act along with the infrastructure law, the inflation reduction act, and the american rescue plan, we democrats made historic investments in american manufacturing and workers and it's now clear, very clear that these investments are paying off ev
just yesterday, the president and secretary raimondo anoufrnsed a pre -- announced a preliminary deal with the tmnc arizona company to provide billions in chips and science incentives to support over $65 billion in private investment to build three leading chip edge fabs in arizona. let the good news ring from coast to coast. the chips and science act which i worked hard on to pass here in the senate along with senator young, bipartisan, is delivering on its promise to create jobs, increase...
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Apr 23, 2024
04/24
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BLOOMBERG
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this report comes after gina raimondo said we are out shipping you, we are better than you. our product is better. is it? huawei is taking apple's market share. jonathan: it has been said that this is an apple problem. this is a growing market losing market share. we have seen that against the likes of huawei rising to the top. my favorite story this morning is this one right here. the u.s. federal trade commission and its $8.5 billion takeover. this is coach going after versace. the government is worried about more expensive handbags. is this the story? anne-marie: they voted unanimously on this. what i take question of is why was this able to get through the regulators in europe, which is a highly regular place and japan, yet it cannot get through the u.s. ftc. this remains the question of can any deal get through with this antitrust enforcement individuals at the top? lisa: you need your jimmy choos. we have seen real inflation in luxury. the price gouging in the luxury factor, it is time to target it. obviously, michael kors handbag, shoes, a little bit cheaper now, mayb
this report comes after gina raimondo said we are out shipping you, we are better than you. our product is better. is it? huawei is taking apple's market share. jonathan: it has been said that this is an apple problem. this is a growing market losing market share. we have seen that against the likes of huawei rising to the top. my favorite story this morning is this one right here. the u.s. federal trade commission and its $8.5 billion takeover. this is coach going after versace. the government...
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Apr 2, 2024
04/24
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CSPAN
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>> we will hear argument next in case 22451, local right enterprise versus raimondo. >> mr. chief justice, may it please the court, this case -- commercial fishing his heart. space on board the vehicle vessels are tight and margins are tighter still. therefore, for my client having to carry federal observers on board is a burden, but having to pay their salaries is a crippling blow. congress recognizes much by strictly limiting the circumstances in which domestic fishing vessels can be battle with monitoring costs and capping them at 2%-3% of the value of the catch. the agency showed no such restraint requiring monitoring of 50% of the trips and a cause of 20% of their annual returns. nonetheless the court deferred to the agency because it blew -- view the statue assignment. there is no justification for giving the tide to the government. both the apa and constitution of what his principles call for de novo review asking only what is the best reading of the statute. asking instead is the statue ambiguous is fundamentally misguided. the whole point was to bring clarity and no
>> we will hear argument next in case 22451, local right enterprise versus raimondo. >> mr. chief justice, may it please the court, this case -- commercial fishing his heart. space on board the vehicle vessels are tight and margins are tighter still. therefore, for my client having to carry federal observers on board is a burden, but having to pay their salaries is a crippling blow. congress recognizes much by strictly limiting the circumstances in which domestic fishing vessels can...
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Apr 8, 2024
04/24
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. >> secretary raimondo, it's david faber. i had an opportunity to pass by the plant not too long, an enormous project. sorry for the background news here. it's been delayed. complaints from tsmc in the past in terms of lack of potential engineers and the like, how much of that is a concern for you, overall in terms of what they're trying to accomplish here, having enough of the actual experts on the ground in the u.s. to be able to get it done. >> you know, what tsmc is doing here is path-breaking, scale they never invested in the united states before, so ob obviously you have to assume there will be some challenges, that being said, these projects are on time, we expect them to be producing at scale 2 to 3 nanometers in the coming year. we know talent is the factor for growth. that's for every tech company. this country has to produce more engineers, more cybersecurity technicians, more materials scientists and we'll do that, we at the commerce department are st setting up a semiconductor center. working with colleges and un
. >> secretary raimondo, it's david faber. i had an opportunity to pass by the plant not too long, an enormous project. sorry for the background news here. it's been delayed. complaints from tsmc in the past in terms of lack of potential engineers and the like, how much of that is a concern for you, overall in terms of what they're trying to accomplish here, having enough of the actual experts on the ground in the u.s. to be able to get it done. >> you know, what tsmc is doing here...
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congresswoman gina raimondo brings us an update straight ahead on "morning joe." the only migraine medication that helps treat and prevent, all in one. to those with migraine, i see you. for the acute treatment of migraine with or without aura and the preventive treatment of episodic migraine in adults. don't take if allergic to nurtec odt. allergic reactions can occur, even days after using. most common side effects were nausea, indigestion, and stomach pain. it's time we all shine. talk to a healthcare provider about nurtec odt from pfizer. this is our future, ma. godaddy airo. creates a logo, website, even social posts... in minutes! -how? -a.i. (impressed) ay i like it! who wants to come see the future?! get your business online in minutes with godaddy airo what will you do when the power goes out? power outages can be unpredictable and inconvenient. but with a generac home standby generator, your life goes on uninterrupted. because when your generac detects a power outage it automatically powers up, giving your family the security and peace of mind they deser
congresswoman gina raimondo brings us an update straight ahead on "morning joe." the only migraine medication that helps treat and prevent, all in one. to those with migraine, i see you. for the acute treatment of migraine with or without aura and the preventive treatment of episodic migraine in adults. don't take if allergic to nurtec odt. allergic reactions can occur, even days after using. most common side effects were nausea, indigestion, and stomach pain. it's time we all shine....
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. >> that was actually whafs going to ask, i mean, we've seen gina raimondo countless times talking about facilities in arizona and potentially texas as well with samsung. they got a lot of equipment to buy, don't they? >> especially these machines. tsm -- they had a party and you need several 18-wheeler trucks because it's such a large machine and had to bring in workers from taiwan because a lot of american workers didn't know how to work with those machines, so it does bode well for equipmentmaker but you're seeing a negative reaction, kla, applied materials, lem, all of those are down 2% but it seems like the street reaction is, hey, you know, long term there's still a lot of strength because asml reiterated their outlook and saw growth and are positive on china as well despite export controls. >> they are banned from providing certain machines to china, aren't they? >> high-end machines. that weighed on -- was weighed on by those machine sales. >> are they subject to all the rules that the u.s. semis are subjected to because they are a dutch company. >> no, that's why the united stat
. >> that was actually whafs going to ask, i mean, we've seen gina raimondo countless times talking about facilities in arizona and potentially texas as well with samsung. they got a lot of equipment to buy, don't they? >> especially these machines. tsm -- they had a party and you need several 18-wheeler trucks because it's such a large machine and had to bring in workers from taiwan because a lot of american workers didn't know how to work with those machines, so it does bode well...
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strict two-piece suit and a herring tie, discussed new business projects with us secretary of commerce raimondo, at the same time hinting at the urgent delivery of american air defense systems. we need artillery shells to achieve parity with the russians, we need f-16 fighters to shoot down planes of the russian planet. we need air defense systems near the front line. today, ukraine has created the most favorable conditions for private investment in the military-industrial complex. the proposed bill on assistance to ukraine provides for the allocation of $61 billion, naturally, on a credit basis. same way includes a demand for the us president to provide kiev with long-range atacoms missiles, however, with one caveat: washington may not transfer missiles to zelensky if this threatens us national security. the usa, as he himself admitted, has not yet received it. mr. president, what do you think about these separate bills to help ukraine and israel? are you sure they will pass? i will be instructed that when i board the plane i will talk to the assistants. chairman of the joint chiefs of staff,
strict two-piece suit and a herring tie, discussed new business projects with us secretary of commerce raimondo, at the same time hinting at the urgent delivery of american air defense systems. we need artillery shells to achieve parity with the russians, we need f-16 fighters to shoot down planes of the russian planet. we need air defense systems near the front line. today, ukraine has created the most favorable conditions for private investment in the military-industrial complex. the proposed...
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commerce secretary gina raimondo told reporters yesterday each of the two logic fabs that samsung will be building will be the size of 11 football fields, only one part of the project that will be here. we'll talk with her about this investment later today on "power lunch." guys? >> coming up, the tsm grant and loan from last week about arizona, it's amazing the ways in which the southern united states economy is changing when it comes to tech. >> absolutely. i think officials here told us yesterday they expect this to be a transformative investment fo for tailor. the chips act and the biden administration other stimulus programs have really been a part of that. you can really see that here with the number of cranes going up, the amount of new housing that's going up. it's been a big part of the development here in texas. >> appreciate that. we'll get tsm earnings on thursday as itepertains to supp chains, tim cook in hanoi today for a couple days committing their supply chain will get diversified in the years to come. >> vietnam, a key part of that, and he was in china a few weeks ago
commerce secretary gina raimondo told reporters yesterday each of the two logic fabs that samsung will be building will be the size of 11 football fields, only one part of the project that will be here. we'll talk with her about this investment later today on "power lunch." guys? >> coming up, the tsm grant and loan from last week about arizona, it's amazing the ways in which the southern united states economy is changing when it comes to tech. >> absolutely. i think...
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secretary raimondo is doing a terrific job trying to make it so they do, but i think the differences in cost between here and taiwan semi, what morris chang was saying when he started that company, was that you're not going to be able to beat them. you got to be -- >> they are presenting segment results. different operating segments of intel. >> i can't hear you. >> let's get the opening bell here. at the big board, health care company solventum celebrating its spinoff from 3m. at the nasdaq, st. david's school in new york city celebrating financial literacy month. >> there we have -- i think that is st. david's. and i see my executive's son. right there. they're clapping today. there you go. we talked ge yesterday. do you have thoughts on solventum? >> they have some great story divisions, but there's going to be, i think, a little more like peralto. they came public, it was terrific, but people want to throw away a stock they don't know and keep the other. ge health care, you had to wait about eight weeks, so you have to be very careful with these, because even though they're good
secretary raimondo is doing a terrific job trying to make it so they do, but i think the differences in cost between here and taiwan semi, what morris chang was saying when he started that company, was that you're not going to be able to beat them. you got to be -- >> they are presenting segment results. different operating segments of intel. >> i can't hear you. >> let's get the opening bell here. at the big board, health care company solventum celebrating its spinoff from...
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da vinci himself >> raimondo last weekend and jensen this weekend. >> it's more of a business show. >> too bad they don't have anybody that can do a good business interview >> bill whitaker's going to be fabulous it's going to be a terrific interview. what this said is, i understand exactly why zuckerberg has to spend the money, because this is an arms race who has the best a.i.? who has the best interaction with when you speak to a.i.? and right now, alphabet surprised me >> you seem a lot more interested in this than core pce. >> core pce -- >> we tried. we tried to lead with the core pce, and you came up with a word, pangloss, and nobody knows what you're talking about, and we moved on. >> forget the pangloss forget it. it wiped it out in the sense that we no longer have to be as concerned. i will go so far as to say that, let's say president trump were elected, i think he'd say, you know what? fed, knock yourself out. as opposed to "the new york times" story or the "wall street journal" story which basically said no interest rate moves would be made without him. this move is good
da vinci himself >> raimondo last weekend and jensen this weekend. >> it's more of a business show. >> too bad they don't have anybody that can do a good business interview >> bill whitaker's going to be fabulous it's going to be a terrific interview. what this said is, i understand exactly why zuckerberg has to spend the money, because this is an arms race who has the best a.i.? who has the best interaction with when you speak to a.i.? and right now, alphabet surprised...