Sen. Eric Schmitt (R-MO) criticized the H-1B visa program during an appearance on Fox News Sunday, arguing that its misuse has harmed American workers and disrupted the economy. Schmitt highlighted the challenges faced by U.S. workers, particularly those impacted by outsourcing and wage competition.
The Panama Canal, often heralded as one of the Wonders of the Modern World, is far more than a feat of engineering—it is a cornerstone of U.S. national security and economic prosperity.
Apple has requested to participate in the next phase of the ongoing antitrust trial against Google, emphasizing that it cannot rely on Google to defend the revenue-sharing agreements that benefit both companies. The iPhone maker argues that these agreements, which make Google the default search engine on Apple's Safari browser, are central to its financial success, contributing up to $20 billion annually. In court documents, Apple stated that it received an estimated $20 billion from this arrangement in 2022 alone.
BioNTech has entered into two separate settlement agreements with the U.S. National Institutes of Health and the University of Pennsylvania regarding royalty payments for its COVID-19 vaccine.
New York will fine fossil fuel companies $74 billion over the next 25 years for environmental damage. The bill creates a "Climate Superfund" that supports state projects bolstering its environmental agenda.
Ford Motor Co. announced Monday it is donating $1 million and a fleet of vehicles to support President-elect Donald Trump's upcoming January inauguration.
U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.
Shoplifting incidents in the U.S. surged 93% in 2023 compared to pre-pandemic levels, with retailers experiencing a 90% rise in monetary losses, according to a new study by the National Retail Federation (NRF).
Italian Prime Minister Giorgia Meloni has openly defended her friendship with US tech billionaire Elon Musk, asserting that her personal connection with him does not influence her duties as Italy’s leader. Speaking in Parliament, Meloni made it clear that her government remains independent, despite her relationship with Musk, and she emphasized that she would not be swayed by his economic interests.
