The New York Times – Business:
The Treasury secretary blamed the department for not sanctioning Megaspeed and said that Nvidia employees should be held accountable if they sidestepped the law.
Blog
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Silicon Valley Start-Ups Face a Future Without Jensen Huang’s Money
The New York Times – Business:
Mr. Huang championed start-ups, with Nvidia holding $48 billion worth of stakes in 229 private companies, including OpenAI and Anthropic, at the end of July.
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Fewer Fed Meetings Raise Stakes of Warsh’s Communications
The New York Times – Business:
The Federal Reserve will vote on interest rates less frequently beginning next year as part of a plan by the central bank’s chairman, Kevin M. Warsh, to overhaul how it operates.
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Deed Theft Is Rising, Along With Property Values
The New York Times – Business:
The victims are often older people or immigrants, with thieves going after vacant land or unoccupied homes. But there are ways to protect yourself.
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A Scorecard for Huang’s Exit From Nvidia
The New York Times – Business:
The ouster of Jensen Huang from the chipmaker he helped found is reverberating throughout Silicon Valley, Washington and beyond.
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Jensen Huang’s Fall Costs Asia an A.I. Ambassador to the U.S.
The New York Times – Business:
The ex-Nvidia C.E.O. was a bridge between companies and governments. His exit will reverberate, especially in China where it could accelerate a self-reliance drive.
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Looking Past Nvidia Turmoil, Stocks Log Best Week in Months
The New York Times – Business:
A drop in Nvidia shares after the ouster of the company’s chief executive has not spread to the rest of the market, as artificial intelligence stocks have broadly risen.
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Democrats Eye Strict New Limits on White House Budget Powers
The New York Times – Business:
The incoming majority is also planning aggressive oversight of the White House budget director, who appears to be working to install an ally to monitor the budget office’s handling of federal spending.
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One Man’s Quest to Create the Perfect Whiskey Glass
The New York Times – Business:
An Austrian designer is unveiling a version that aims to solve an age-old problem for connoisseurs: how to keep the alcohol from overpowering the aroma.
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Huang and Lutnick Summoned to Testify Before Congress
The New York Times – Business:
Senator Tim Scott said he had requested that the Nvidia co-founder and the commerce secretary appear before the Senate Banking Committee.