Former House Speaker Nancy Pelosi was hospitalized in Luxembourg after sustaining an injury during an official engagement with a congressional delegation. Her spokesman stated that she is receiving excellent treatment from medical professionals and continues to work, but regrets missing the remainder of the CODEL engagements. Pelosi was pictured standing with House Foreign Affairs Committee Chairman Michael McCaul before the incident occurred.
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US semiconductor maker Wolfspeed to file for bankruptcy
Wolfspeed, a North Carolina semiconductor manufacturer for electric vehicles, has reached a bankruptcy agreement to reduce its $6.5 billion debt by over two-thirds, effectively wiping out existing shareholders. The company plans to formally file for bankruptcy soon and aims to emerge by the end of 2025, while navigating challenges from rising interest rates and changing government policies. Need More Context? 🔎
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