The Trump administration in a new lawsuit accused Facebook of reserving over 2,600 high-paying jobs for foreign workers instead of hiring Americans



a man wearing a suit and tie: Facebook CEO Mark Zuckerberg appears before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Oct. 23, 2019. Andrew Harnik/AP


© Andrew Harnik/AP
Facebook CEO Mark Zuckerberg appears before a House Financial Services Committee hearing on Capitol Hill in Washington, Wednesday, Oct. 23, 2019. Andrew Harnik/AP

  • The Department of Justice has filed a lawsuit against Facebook, accusing the company of reserving over 2,600 high-paying jobs for foreign workers with temporary work visas instead of hiring US residents.
  • The lawsuit alleges that Facebook did not adequately advertise the positions before hiring foreign workers.
  • Trump administration officials have said they would stop foreign workers from taking jobs away from Americans.
  • The government blocked foreign H-1B holders from entering the country in June and proposed restrictions on H-1B visas in October.
  • Tech companies like Facebook largely hire skilled foreign workers and have pushed back on Trump’s H-1B restrictions as being harmful to the US economy.
  • Visit Business Insider’s homepage for more stories.

The Department of Justice is suing Facebook, accusing the tech company

Read More

Australia approves tough new veto powers over foreign agreements amid China row

SYDNEY (Reuters) – Australia’s parliament on Thursday passed legislation giving the federal government power to veto any agreement struck with foreign states, a move likely to anger China and intensify a bitter diplomatic spat between the two countries.

FILE PHOTO: Australian Prime Minister Scott Morrison arrives at Haneda airport in Tokyo, Japan, November 17, 2020. REUTERS/Issei Kato

The law allows the Commonwealth to block any agreement between Australian states, councils or institutions and a foreign government, such as a controversial 2018 deal between the state of Victoria and China.

“Australia’s policies and plans, the rules that we make for our country are made here in Australia according to our needs and our interests,” Prime Minister Scott Morrison told reporters in Canberra.

Morrison has stressed the law is not aimed at any country but it is widely seen by analysts as directed at China.

“It creates another trigger for the relationship

Read More

Indian oil firms need to bring in foreign players to unlock resources: Pradhan

India’s Oil Minister Dharmendra Pradhan speaks at a road show organised by the Directorate General of Hydrocarbon (DGH) in Mumbai, India, October 26, 2017. REUTERS/Shailesh Andrade/File Photo

NEW DELHI (Reuters) – India’s oil minister Dharmendra Pradhan asked exploration companies to consider farming out their acreages to global players with advanced technology to expedite development and raise oil and gas output.

India, the world’s third biggest oil importer and consumer, depends on foreign purchases for over 80% of its oil needs. The nation’s oil and gas output has been stagnant for years, forcing it to raise reliance on imports to meet rising fuel demand.

“The government will grant petroleum mining lease rights but the companies should consider a farm-out (of a stake) to get global technology players,” Pradhan said in Hindi.

Indian exploration companies should work at “exponential speed” to unlock resources, Pradhan said at production sharing signing ceremony of 11

Read More

Indian oil firms need to bring in foreign players to unlock resources- minister

NEW DELHI, Nov 17 (Reuters)India’s oil minister Dharmendra Pradhan asked exploration companies to consider farming out their acreages to global players with advanced technology to expedite development and raise oil and gas output.

India, the world’s third biggest oil importer and consumer, depends on foreign purchases for over 80% of its oil needs. The nation’s oil and gas output has been stagnant for years, forcing it to raise reliance on imports to meet rising fuel demand.

“The government will grant petroleum mining lease rights but the companies should consider a farm-out (of a stake) to get global technology players,” Pradhan said in Hindi.

Indian exploration companies should work at “exponential speed” to unlock resources, Pradhan said at production sharing signing ceremony of 11 oil and blocks by state-run Oil and Natural Gas Corp ONGC.NS and Oil India Ltd OILI.NS.

India’s exploration licensing rounds have so far seen

Read More

China looms as Biden’s biggest foreign policy challenge. Here’s where he stands

As United States President-elect Joe Biden faces an ugly, potentially contested transition, foreign policy may be the last thing on his mind.



Xi Jinping, Joe Biden posing for the camera: Chinese President Xi Jinping and his wife Peng Liyuan are welcomed by then-US Vice President Joe Biden and his wife at Andrews Air Force Base in Washington D.C. in 2015.


© Xinhua News Agency/Xinhua News Agency/Xinhua News Agency via Getty Ima
Chinese President Xi Jinping and his wife Peng Liyuan are welcomed by then-US Vice President Joe Biden and his wife at Andrews Air Force Base in Washington D.C. in 2015.

But in capitals around the world, foreign leaders are already clamoring for his attention, hoping to reset relationships and restore norms that shifted under President Donald Trump.

Nowhere will there be greater opportunity for a shift than in the US-China relationship, which has deteriorated to historic lows during Trump’s term in office. Over the past four years, both sides have slapped the other with trade tariffs, restricted access for tech companies, journalists and diplomats, shuttered consulates, and squared off militarily in the South China Sea.

Analysts

Read More

UK Government Talks Tough With New Foreign Ownership Rules, But They’ve Already Sold The Crown Jewels

Is the U.K. government’s clampdown on foreign investors buying up strategic assets a legitimate response to concerns about increasing Chinese influence or just empty rhetoric when that horse has long since bolted?

The introduction of rigorous checks is designed to prevent overseas buyers snapping up key domestic infrastructure and companies operating in sensitive industries “through the back door”.

The new laws, announced in yesterday’s national security and investment bill, also come after the coronavirus pandemic exposed the country’s overreliance on international suppliers of crucial healthcare products.

Overseas businesses will face stringent requirements to inform a government unit of their plans to acquire stakes in U.K companies operating in 17 strategic sectors, including energy, defence and technology. Failure to do so could see directors jailed for up to five years and companies fined 5% of their

Read More

Foreign students show less zeal for US since Trump took over

CHICAGO (AP) — On a recruiting trip to India’s tech hub of Bangalore, Alan Cramb, the president of a reputable Chicago university, answered questions not just about dorms or tuition but also American work visas.

The session with parents fell in the chaotic first months of Donald Trump’s presidency. After an inaugural address proclaiming “America first,” two travel bans, a suspended refugee program and hints at restricting skilled worker visas widely used by Indians, parents doubted their children’s futures in the U.S.

“Nothing is happening here that isn’t being watched or interpreted around the world,” said Cramb, who leads the Illinois Institute of Technology, where international scholars have been half the student body.

America was considered the premier destination for international students, with the promise of top-notch universities and unrivaled job opportunities. Yet, 2016 marked the start of a steep decline of new enrollees, something expected to continue with fresh

Read More