Category Archives: 24/7 Newsroom News

US Chamber of Commerce Sues Trump Administration Over $100,000 H-1B Visa Fee

US Chamber of Commerce Sues Trump Administration Over $100,000 H-1B Visa Fee

The U.S. Chamber of Commerce is suing the Trump administration for imposing a $100,00 annual fee for new H-1B visa applications, claiming the fee is unlawful and would significantly harm U.S. businesses. The federal lawsuit filed Thursday asks a court to declare that President Donald Trump exceeded the executive branch’s authority by imposing the fee…MORE

Trump Commutes Sentence of Former US Rep. George Santos in Federal Fraud Case

Trump Commutes Sentence of Former US Rep. George Santos in Federal Fraud Case

NEW YORK (AP) — President Donald Trump has commuted the sentence of former U.S. Rep. George Santos, who is serving more than seven years in federal prison after pleading guilty to fraud and identity theft charges. The New York Republican was sentenced in April after admitting last year to deceiving donors and stealing the identities…MORE

US Blocks a Global Fee on Shipping Emissions as International Meeting Ends Without New Regulations

US Blocks a Global Fee on Shipping Emissions as International Meeting Ends Without New Regulations

The U.S. has blocked a global fee on shipping emissions as an international maritime meeting ended Friday without adopting new regulations. The world’s largest maritime nations had been discussing ways to move the shipping industry away from fossil fuels. On Thursday, U.S. President Donald Trump urged countries to vote against the regulations. The International Maritime…MORE

Regional Banks’ Bad Loans Spark Concerns on Wall Street

Regional Banks’ Bad Loans Spark Concerns on Wall Street

NEW YORK (AP) — Wall Street is concerned about the health of the nation’s regional banks, after a few of them wrote off bad loans to commercial customers in the last two weeks. Zions Bank, Western Alliance Bank, and Jefferies disclosed bad investments, causing their stocks to fall sharply this week. On Tuesday, JPMorgan Chase…MORE