Hawaii lawmakers this week passed a bill intended to help shore up Hawaiian Electric Co.’s credit rating despite strong opposition from House and Senate committee chairs who helped vet the measure. The bill would impose a new fee on HECO customers to help pay for investments needed to protect the public from wildfires. But that’s … Read more
Nvidia CEO Jensen Huang discussed concerns about Huawei Technologies’ growing artificial intelligence (AI) capabilities with US lawmakers, according to a senior congressional committee staff source. The issues were raised during a closed-door meeting between Nvidia executives and the US House of Representatives Foreign Affairs Committee on Thursday. Among the topics discussed were Huawei’s AI chips … Read more
Republicans in the US Congress introduced legislation on Thursday to repeal China’s preferential trade status that it has held for over two decades, garnering a Democratic co-sponsor for the first time. China’s permanent normal trade relations (PNTR) status is a legal designation in the US for free trade with a foreign state, and was conferred … Read more