Business Daily

US Treasury Secretary Scott Bessent accuses Commerce Secretary Howard Lutnick of not acting fast enough over potential leaks of US chip technology getting to China.
It comes after Nvidia's CEO resigned over alleged affairs including with one woman thought to be a spy for China.
Will Bain is joined by Michelle Fleury and Rahul Tandon to discuss the latest and what the fallout of the Nvidia crisis means for the President and the world of AI.
(Picture credit: US House Speaker Mike Johnson, US Secretary of Commerce Howard Lutnick, Meta CEO Mark Zuckerberg, OpenAI President Greg Brockman, SpacexAI Founder and CEO Elon Musk, Nvidia President and CEO Jensen Huang, and CEO of AMD Lisa Su attend a luncheon for tech leaders hosted by US President Donald Trump in the East Room of the White House in Washington, DC, US, September 29, 2026. Credit: Reuters/Jonathan Ernst)

AI chip giant Nvidia CEO Jensen Huang stepped down after reports of two extramarital affairs were published. The first involved someone suspected to be a Chinese spy, while the second involved an executive at his own company. Nvidia's chief financial officer, Colette Kress, has been appointed interim boss. Joining Rahul Tandon for this special edition of Taking Stock are Russ Mould, Investment Director at AJ Bell in London, and Takara Small, technology journalist and columnist for CBC, in Toronto, Canada.
Producer: Matt Lines
You can email the team: businessdaily@bbc.co.uk
(Picture: Nvidia founder Jensen Huang ahead of a meeting with the Senate Banking Committee on Capitol Hill in Washington, D.C., U.S., in December 2025. Credit: REUTERS/Evelyn Hockstein)

AI chip boss Jensen Huang is under pressure to quit Nvidia after reports alleging he had an affair with a suspected Chinese spy. Huang has acknowledged an extra-marital relationship, while Nvidia and the FBI are investigating the claims. The scandal has wiped billions of dollars off the value of the chipmaker at the centre of the AI boom. President Donald Trump, who has a close relationship with Huang and recently allowed Nvidia to resume some high-end chip sales to China, is also facing questions about what he knew and when. The BBC's North America Technology Correspondent, Lily Jamali, has been to Nvidia's headquarters this week and shares her insights with Will Bain and Rahul Tandon.
Producer: Gideon Long
**This episode was recorded at 1600 GMT on Wednesday 11 November 2026**
(Picture: Nvidia CEO Jensen Huang speaks on stage during the Invest in Germany Summit in Berlin, Germany, October 19, 2026. Credit: REUTERS/Lisi Niesner)

Joanna Maiden was 26 years old when she arrived in Kenya and decided to open her business. Starting in a tiny outhouse with just four machinists, over the next few decades she built Soko Kenya, a clothing manufacturing company. She discusses the challenges of building a business in rural Kenya, the setbacks she faced along the way, and how she brought in work from international brands.
Producers: Victoriya Holland and Neggeen Sadid
You can email the team: businessdaily@bbc.co.uk
(Picture: Joanna Maiden)

Nearly $2 billion was bet on last week's US midterm elections on two prediction markets, Polymarket and Kalshi. The platforms say they're regulated financial exchanges, not casinos. A growing number of US states disagree. Sam Fenwick follows the money behind a prediction market bet on the US midterm elections, speaking to traders, the exchanges hosting them, researchers who found most traders lose money and state regulators who argue political prediction contracts are no different from gambling in a casino.
Producer: Josh Martin
You can email the team: businessdaily@bbc.co.uk
(Picture: Voters fill out their ballots during early voting in Detroit, Michigan, USA, 02 November 2026. Credit: EPA/Shutterstock)
Producer: Josh Martin
You can email the team: businessdaily@bbc.co.uk
(Picture: Voters fill out their ballots to vote in the midterm election on the last day of early voting at the City of Detroit Department of Elections in Detroit, Michigan, USA, 02 November 2026. Credit: EPA/Shutterstock)