Page 4 - Trump Administration

Trump admin grants ByteDance 15-day extension to divest TikTok app

TikTok said it now has until Nov. 27 to reach an agreement

Donald Trump's Federal Reserve nominees may get Senate vote next week

Republican leaders have previously said they would not advance the nominations unless they were confident that Trump's controversial pick for one of the two open posts

Trump admin readies crackdown on US investments in Chinese companies

WASHINGTON (Reuters) - The Trump administration is finalizing an executive order to prohibit U.S. investments in Chinese firms that Washington says are owned or controlled by the Chinese military, according to three sources familiar with the matter, in a bid to ramp up pressure on Beijing after the U.S. election.

Top headlines: Maruti Q2 profit up 2%, SP Group claims stake in Tata firms

India's front line health workers will be the first to be inoculated once an effective vaccine is available. More headlines in our evening roundup.

US colleges 'massively' underreport foreign funding, says Trump admin

The Education Department released the report amid its effort to enforce a 1986 law requiring US universities to disclose gifts and contracts of $250,000 or more from foreign sources

Lawsuit challenges Donald Trump's new H-1B visa rules; calls it 'arbitrary'

The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise

Supreme Court to review Trump administration's 'Remain in Mexico' policy

The Supreme Court is agreeing to review a Trump administration policy that makes asylum-seekers wait in Mexico for U.S. court hearings. As is typical, the court did not comment Monday in announcing it would hear the case. Because the court's calendar is already full through the end of the year, the justices will not hear the case until 2021. If Joe Biden were to win the presidential election and rescind the policy, the case would become largely moot. Trump's Migrant Protection Protocols policy, known informally as Remain in Mexico, was introduced in January 2019. It became a key pillar of the administration's response to an unprecedented surge of asylum-seeking families at the border, drawing criticism for having people wait in highly dangerous Mexican cities. Lower courts found that the policy is probably illegal. But earlier this year the Supreme Court stepped in to allow the policy to remain in effect while a lawsuit challenging it plays out in the courts. More than 60,000 ...

US agency hikes processing fee for visa applications by up to 75%

Hike may have a short-term cost impact on IT Indian companies, which are already ramping up hiring in the US and offshoring projects elsewhere.

Top headlines: India launches gas price reforms, US restricts H-1B visas

Google is facing a new antitrust case in India in which the US tech giant is alleged to have abused its Android operating system's position in the smart television market.

US lawmaker introduces a legislation to overhaul H-1B visa system

It also requires employers to pay their H-1B workers more than the American workers to ensure foreign labour is only used when absolutely necessary.

US should expand visa for STEM talent, says Congressional report

The report highlights that every time a foreign-born student returns to their home country from the US, they take with them critical knowledge and capacity.

US economy falls 31.4% in spring; may shrink for the first time since 2009

The government will not release its July-September GDP report until Oct. 29, just five days before the presidential election

Trump admin proposes a fixed time limit for visas to students, researchers

In all the three categories of foreign students, researchers and journalists, those from China have benefitted the most

US to ban app downloads of TikTok WeChat tomorrow over security threat

ByteDance plans to launch TikTok IPO in US and accept new Treasury terms

US judge refuses to grant preliminary injunction against H-1B visa ban

The case was brought by a group of 169 Indian nationals, who recently visited India after living in the US on work visas, and are now attempting to return

US has lots to lose and little to gain from TikTok-WeChat ban: Here's why

Banning TikTok and WeChat would cut off many Americans from popular social media

European allies attack Trump admin over bid to restore sanctions on Iran

How this dispute plays out in the weeks ahead remains to be seen, but Thursday's US move set the stage for a showdown in the United Nations

Steve Bannon: Rise & fall of ex-Trump aide now charged in border wall scam

His indictment came on the same morning the Trump administration lost a bid to block a subpoena by the Manhattan district attorney for the president's tax filings

Will take necessary measures to protect firms after US' Huawei curbs: China

The Trump administration on Monday expanded restrictions announced in May aimed at preventing the Chinese telecommunications giant from obtaining semiconductors without a special licence

Covid-19 vaccine makers must deliver to US in time to get full payments

The Cambridge, Massachusetts, biotech's $1.5-billion deal pays out in full if its vaccine receives regulatory clearance by January 31, 2021