Tag Archives: U.S.

Clamp down on visas for doctors could hurt these parts of the U.S.

How Trump’s travel ban hits this South Dakota doctor Limiting the number of foreign doctors who can get visas to practice in the United States could have a significant impact on certain hospitals and states that rely on them, according to a new study. The research, published online in the Journal of the American Medical Association this week, found that more than 2,100 U.S. employers were certified to fill nearly 10,500 physician jobs through H-1B visas nationwide, in 2016. That represents 1.4% of the physician workforce overall. There were wide ...

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Another big U.S. deal for China's Anbang just fell through

US and China by the numbers Anbang, the acquisitive Chinese insurer with big ambitions abroad, isn’t having much luck cracking America. U.S. life insurer Fidelity & Guaranty(FGL) said Monday that it has killed a deal to be bought by Anbang for $ 1.6 billion. It’s the latest of several high-profile U.S. acquisitions for Anbang that haven’t worked out. The opaque Chinese group walked away from a $ 14 billion offer for Starwood Hotels & Resorts Worldwide last year following a bidding war with Marriott International(MAR). And last month, the family ...

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Chinese giant outbids U.S. rival for firm that handles Mexico money transfers

Jack Ma: President Trump must work with China A Chinese financial services giant is back in front in the race to buy U.S. money transfer service MoneyGram. The Chinese firm, Ant Financial, just upped its offer to $ 1.2 billion for MoneyGram(MGI), one of the most popular avenues for sending money from the U.S. to Mexico and other countries. The original deal struck in January was for $ 880 million, but U.S. company Euronet Worldwide(EEFT) jumped in last month with an unsolicited $ 1 billion offer. That forced Ant, an ...

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1,500 economists to Trump: Immigrants are good for the U.S. economy

Why Donald Trump keeps this immigrant awake at night In a letter to President Trump and top Congressional leaders Wednesday, nearly 1,500 economists extolled the economic benefits immigrants bring to the U.S. and urged Congress to “modernize” the country’s immigration system. “[I]mmigration is one of America’s significant competitive advantages in the global economy,” the letter said. “With the proper and necessary safeguards in place, immigration represents an opportunity rather than a threat to our economy and to American workers.” Among the economic benefits that immigration brings are entrepreneurs who start ...

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Samsung's Siri rival won't be ready for new Galaxy phone's U.S. launch

First Look: Samsung’s Galaxy S8 Samsung’s new digital assistant isn’t ready for prime time. The company’s widely touted artificial intelligence tool Bixby — seen as a rival for Apple’s(AAPL, Tech30) Siri — won’t be fully operational in time for the U.S. release of the Galaxy S8. While some elements of Bixby will be included in the April 21 launch, the headline voice activation feature won’t be available in the U.S. until “later this spring,” Samsung(SSNLF) said in a statement. The delay is an embarrassing hiccup for Samsung. The rollout of ...

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Russia could soon control a U.S. oil company

IEA predicts end to global oil glut Russia is on the verge of taking control of a US oil company. In a crazy twist of international events, Russia’s state-owned oil company Rosneft might end up owning Citgo, a US energy company based in Houston, Texas. This isn’t a direct takeover. Instead, it hinges on the ability of Venezuela’s state-run oil company to pay back its Russian loan. The Venezuelan company owns Citgo, which was used as collateral for the loan. Both Republican and Democratic lawmakers are highly alarmed. In hotly ...

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Oil jumps on Syria strike; U.S. jobs; China talks

Click chart for in-depth premarket data. 1. U.S. strikes in Syria: Crude oil futures jumped more than 2% overnight to their highest level in a month after the U.S. Navy launched a missile strike on Syria. Prices eased back a little early Friday, with oil trading 1.3% higher. The U.S. fired 59 cruise missiles at a Syrian airbase in response to a chemical weapons attack that killed dozens of Syrian civilians earlier in the week. Syria is not a major oil exporter, but the U.S. military action creates additional uncertainty ...

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Reality check: U.S. manufacturing jobs at 1941 levels

Trump’s views on the jobs report come full circle President Trump likes to remind everyone that American manufacturers are giddy “like never before.” He fully expects that to translate into “jobs, jobs, jobs.” He’s likely to take another victory lap on Friday, when the Labor Department releases the latest data on U.S. jobs at 8:30am ET. CNNMoney’s survey of economists predicts a healthy 187,000 jobs were added in March (that’s actually the average monthly job gains achieved last year under President Obama). The unemployment rate is expected to stay at ...

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U.S. court approves lawsuit against Germany over claims of Nazi art theft

By Joel Schectman| WASHINGTON A U.S. federal judge has allowed a lawsuit to proceed against Germany over claims of the Nazi-era theft from Jewish dealers of a celebrated collection of gilded medieval art treasures. It was the first time a U.S. court had agreed to hear Nazi art theft claims against Germany, said Nicholas O’Donnell, an attorney for the heirs of three Jewish art dealers who say the Nazis terrorized their families in 1935 into selling the collection at far below market price. The claim against Germany seeks the return ...

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U.S. women's mindset in opener: 'This is who we are'

1:52 AM ET PLYMOUTH, Mich. — Any wonderment about whether the U.S. women’s national hockey team would be drained or exhilarated by its two-week contract staredown with USA Hockey was answered early in its IIHF Women’s World Championship opener against Canada on Friday night. The American women were absolutely flying up and down the ice from the opening faceoff. They looked sharp; not like a team that didn’t have a training camp before one of the sport’s premier events. They transitioned from offense to defense in a heartbeat, barely allowed ...

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