Historic chip industry deal between Softbank, Nvidia crumbles

<p><span style="font-weight: 400">Japanese conglomerate SoftBank has nixed the sale of British chip design firm Arm to U.S. chip manufacturer Nvidia. The deal would have been the largest in the semiconductor chip industry. </span>The Biden administration is attempting to restore power to unions, which has been ebbing for several decades. Congress is looking into legislation that would alter how its members can trade stock.</p>