BusinessPolicy

USCIS Clarifies $100,000 H-1B Fee Implementation and Exemption Criteria

U.S. Citizenship and Immigration Services has issued crucial guidance on the controversial $100,000 H-1B fee implementation. The clarification addresses employer confusion about payment requirements and reveals exceptionally narrow criteria for obtaining exemptions from the substantial new cost.

New Guidance on Controversial H-1B Fee

U.S. Citizenship and Immigration Services has released detailed guidance clarifying implementation of the controversial $100,000 H-1B visa fee, according to reports. The guidance addresses significant confusion among employers about payment requirements, application procedures, and the exceptionally narrow criteria for obtaining exemptions from the substantial new cost imposed by a September 2025 presidential proclamation.

BusinessTechnology

Major Earnings and Economic Data Set to Drive Market Sentiment

Market attention turns to heavyweight earnings from Tesla and Netflix amid ongoing trade tension concerns. Economic indicators and banking sector performance will also shape investor sentiment throughout the week.

Market Navigates Earnings Season Amid Economic Crosscurrents

Financial markets are bracing for a significant week dominated by corporate earnings and key economic data, with Tesla and Netflix reportedly anchoring investor attention according to market analysis. This comes after a volatile previous week where markets ultimately finished positive despite midweek turbulence sparked by renewed trade war concerns.

BusinessPolicy

US Trustee Demands Independent Bankruptcy Probe Into First Brands Missing $2.3 Billion

The US Trustee has joined creditors in demanding an independent investigation into First Brands Group’s bankruptcy case. Court filings reveal serious allegations of misconduct and $2.3 billion in missing funds related to off-balance sheet financing arrangements.

Federal Watchdog Seeks Expedited Bankruptcy Investigation

The federal watchdog overseeing corporate bankruptcy proceedings has joined creditors in demanding an independent investigation into the collapse of auto-parts supplier First Brands Group, according to recent court filings. The US Trustee’s office has requested an accelerated timeline for appointing a bankruptcy examiner amid revelations that the company cannot account for $2.3 billion related to off-balance sheet financing deals.