July 8, 2025
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‘If AI is the reason…’: Viral post asks why companies are still asking for H-1Bs

A viral post claimed companies which are laying off are still looking for H-1Bs to hire. Amid a major layoff being announced by US companies, a post has gone viral which shows that Microsoft, one of the 10 companies employing foreign labor, sought 14,181 H-1Bs. The post shared the H-1B requirements of other companies, including […]

‘They are guilty as sin’: Elon Musk slams media companies; dares both ‘to take drug tests & publish’ after he tests negative

Tesla CEO Elon Musk on Tuesday hit back at media companies, posting his own negative drug test results and challenging “The New York Times and The Wall Street Journal to take tests and publish the results.”Musk posted a photo of his lab test results on X with a simple caption “lol,” showing negative results for […]

How the End of a U.S. Tax Loophole Hurts Chinese Companies

A loophole that has allowed American shoppers to buy lots of cheap goods from mainland China and Hong Kong without paying tariffs and filling customs forms is closing on Friday. Meaghan Tobin, a correspondent for The New York Times covering business in Asia, explains. Source link

Another U-Turn: Trump reverses tariffs that caused market meltdown, but companies remain bewildered | World News

WASHINGTON: President Donald Trump delivered another jarring reversal in American trade policy Wednesday, suspending for 90 days import taxes he’d imposed barely 13 hours earlier on dozens of countries while escalating his trade war with China. The moves triggered a powerful stock market rally on Wall Street but left businesses, investors and America’s trading partners […]

India’s ‘uniquely burdensome’ certification rules make it ‘costly’ for US companies to operate: White House on ‘Liberation Day’ | India News

India levies “uniquely burdensome or duplicative testing and certification requirements” in sectors like chemicals, telecom products, and medical devices, making it “difficult and costly” for US companies to sell their products in the country, according to the White House.“India imposes its own uniquely burdensome and/or duplicative testing and certification requirements in sectors such as chemicals, […]

Did US ask French companies it works with to comply with Donald Trump’s rollback of DEI policy?

France accused US diplomats of meddling with companies that work with the US government. French media and a French minister claimed that US diplomats have been interfering in the operations of French companies by forcing them to comply with President Donald Trump’s rollback of DEI (diversity, equity, and inclusion) initiatives. The US diplomats in France […]

Microsoft, Amazon, The Washington Post, and other US companies laying off in 2025 | World News

In the United States, the wave of layoffs seen over the past two years is set to persist into 2025, affecting diverse industries including tech, media, finance, manufacturing, and retail. These workforce reductions come amidst a backdrop of economic challenges and rapid technological advancements, particularly in artificial intelligence (AI). According to a report by Business […]