India News Today Live Updates on December 17, 2024 : Highway capex moves in slow lane in FY25
THE WOODLANDS, Texas , Dec. 16, 2024 /PRNewswire/ -- TETRA Technologies, Inc. ("TETRA" or the "Company") (NYSE: TTI ) today announced the commercial launch of TETRA Oasis TDS, an end-to-end water treatment and desalination technology for beneficial re-use and mineral extraction applications for oil and gas well produced water. TETRA also recently completed a commercial pilot project for the desalination of Delaware Basin produced water for a major North America oil and gas operator. The desalinated water was tested against published Texas Railroad Commission ("TRRC") standards for beneficial re-use water at both TETRA's laboratory and an independent third-party laboratory. Subsequently, the treated water was sent to a third party for Whole Effluent Toxicity ("WET") testing where it successfully passed all test parameters. WET testing is a method used to measure the combined toxic effects of all pollutants on aquatic organisms and involves exposing aquatic organisms to treated wastewater samples and observing how the organisms respond. The tests can be acute or chronic and measure different aspects of the organisms' health. WET testing is a vital component to implementing water quality standards under the National Pollutant Discharge Elimination System ("NPDES") permits program. Brady Murphy , TETRA's President and Chief Executive Officer said, "For several years we have been working to leverage our deep brine chemistry expertise, our US onshore water treatment resources, and our customer network and relationships to address the sizeable industry challenge surrounding treatment of oil and gas produced water for beneficial re-use purposes. By combining our existing expertise in produced water recycling for frac re-use to pre-treat the feed water for two unique membrane technologies, we have developed a high-quality, cost-effective solution. Our first field pilot program successfully treated produced water where we achieved 92% recovery rate of desalinated water with total dissolved solids levels ranging from 40 parts per million ("ppm") to 200 ppm, which are better than the average municipal drinking water standards. In our latest pilot test of more challenging Delaware Basin produced water, we are very pleased to announce that our TETRA Oasis TDS resulted in high-quality desalinated water that not only met or exceeded all customer KPIs but passed all third-party WET testing. Given the importance of WET testing standards for the regulatory agencies, we believe this is an important step for future beneficial re-use project permitting. This is a rapidly evolving market, and the need for cost effective technology to address produced water volumes continues to grow. TETRA see significant opportunity in the space and continue to engage high quality customers to address their water challenges and disposal restrictions due to seismicity events with seven NDA's in place and ongoing negotiations with others to discuss the proprietary details of our TETRA Oasis TDS." Despite U.S. land oil and gas well frac and completion activity declining throughout 2024, produced water volumes continue to increase. Rystad Energy estimates Permian Basin produced water volumes of 8.3 billion barrels in 2024, up 5% from 2023. In Rystad Energy's fourth quarter 2024 Water Management report, they estimate that a 20% reduction in Permian Basin disposal well capacity due to regulatory restrictions would result in up to 4 million barrels of produced water per day as the available market for beneficial re-use. A recent Houston Chronicle article referenced a study that the handling and treating of produced water is a $4 billion annual market opportunity in the Permian Basin, making this one of the fastest growing market opportunities in the oil and gas industry. TETRA Oasis TDS TETRA Oasis TDS is a proprietary end-to-end offering that involves a variety of processing stages starting with operator's oil and gas well produced water as feed brine for a pre-treatment step. TETRA has developed extensive experience and expertise over the past six years in the treatment and recycling of produced water for frac re-use, as demonstrated by having treated in the fourth quarter, 2024 a record peak volume of over 800,000 bbl/day. This experience has advanced TETRA's chemistry know-how in addressing a wide variability of produced water constituents, including dealing with organic compounds that would otherwise be destructive to membranes used in other industries to desalinate water. The critical pre-treatment first step is followed by the desalination stage through two technologies licensed exclusively to TETRA for oil and gas produced water applications, KMX Technologies Inc., ("KMX") Vacuum Membrane Distillation ("VMD") or Hyrec Holdings Company W.L.L. ("Hyrec") Osmotically Assisted Reverse Osmosis ("OARO"), or a combination of both. The selection of which technology or combination thereof depends, in part, on the total dissolved solids of the feed water, the end use application, and optimizing both the capital and operating costs of the process. The final stage is a post-treatment process designed to meet customer water specifications and may involve extraction of minerals, which TETRA's chemical business has been doing for many years, and potentially significantly improving the economic benefits. TETRA Oasis TDS was successfully proven in the field to deliver a water quality that achieves or exceeds regulatory requirements in a cost-effective manner for multiple beneficial re-use applications, including potential surface irrigation and industrial uses. TETRA recently completed an equity investment in KMX Technologies Inc. Details on TETRA Oasis TDS can be found on the following website link: https://onetetra.com/energy-services/water-management/produced-water-desalination/ Investor Contact For further information, please contact Elijio Serrano , CFO, TETRA Technologies, Inc. at (281) 367-1983 or via email at [email protected] . Company Overview TETRA Technologies, Inc. is an energy services and solutions company focused on developing environmentally conscious services and solutions that help make people's lives better. With operations on six continents, the Company's portfolio consists of Energy Services, Industrial Chemicals, and Critical Minerals. In addition to providing products and services to the oil and gas industry and calcium chloride for diverse applications, TETRA is expanding into the low-carbon energy market with chemistry expertise, key mineral acreage, and global infrastructure, helping to meet the demand for sustainable energy in the twenty-first century. Visit the Company's website at www.onetetra.com for more information. Cautionary Statement Regarding Forward Looking Statements This news release includes certain statements that are deemed to be forward-looking statements. Generally, the use of words such as "may," "see," "expectation," "expect," "intend," "estimate," "projects," "anticipate," "believe," "assume," "could," "should," "plans," "targets" or similar expressions that convey the uncertainty of future events, activities, expectations or outcomes identify forward-looking statements that TETRA intends to be included within the safe harbor protections provided by the federal securities laws. These forward-looking statements include statements regarding TETRA's beliefs, expectations, plans, goals, future events and performance, and other statements that are not purely historical. These forward-looking statements are based on certain assumptions and analyses made by TETRA in light of its experience and its perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. Such statements are subject to a number of risks and uncertainties, many of which are beyond the control of TETRA. Factors which may cause actual results to differ materially from current expectations include, but are not limited to: changes adversely affecting the business in which we are engaged; our ability to forecast trends accurately; our ability to develop efficient water treatment processes to scale and to forecast related costs and efficiencies accurately; fluctuations in our revenue and operating results; competition from existing or new competitors; future relationships between parties; risks associated with security breaches in our information technology systems; risks related to legal proceedings or claims; risks associated with changes in federal, state, or local laws; risks associated with potential costs of regulatory compliance; risks associated with changes to U.S. trade policies; and risks related to adverse changes in general economic conditions. Moreover, TETRA operates in a very competitive and rapidly changing environment, and new risks and uncertainties may emerge that could have an impact on the forward-looking statements contained in this press release. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, TETRA assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those more fully described in TETRA's most recent filings with the Securities and Exchange Commission, including TETRA's most recent Annual Report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. SOURCE TETRA Technologies, Inc.
Bill Belichick reportedly finalizing deal to become UNC football coachMeet the Fort Monroe Authority’s new CEOCalifornia man accused of shipping guns, ammunition and military devices to North KoreaBills defense out to prove against high-scoring Lions that it's better than its dud vs. Rams
FLORHAM PARK, N.J. (AP) — New York Jets kicker Greg Zuerlein will be activated from injured reserve and will play against the Buffalo Bills on Sunday. Interim coach Jeff Ulbrich announced Friday that Zuerlein is returning after missing seven games with a knee injury to his left, non-kicking leg. He had been shaky before the injury, but the Jets have since been unsettled at the position, with Riley Patterson, Spencer Shrader and Anders Carlson all filling in. “He came back, looked healthy, kicked the ball well this week,” Ulbrich said of Zuerlein. “So, he’ll be our guy going forward here.” Zuerlein is officially listed as questionable to play, but was a full participant the final two practices. Wide receiver , but likely to play after participating on a limited basis Friday because of a hip ailment that held him out Thursday. Cornerback Sauce Gardner is also questionable with a hamstring injury that sidelined him in the second half of . Zuerlein, who re-signed with the Jets last offseason on a two-year deal, made just nine of 15 field goal attempts and missed one extra point in the first eight games this year. He had been one of the NFL's most consistently reliable kickers the previous two seasons with the Jets. Patterson kicked in one game after the Jets placed Zuerlein on IR. Shrader also kicked in one game before he was signed off the practice squad by Kansas City. Carlson had been the kicker the past five games, but missed a field goal and an extra point against the Rams and the Jets signed Greg Joseph to the practice squad to provide competition. Ulbrich said earlier in the week Zuerlein would also be in the mix after a long layoff. "I think sometimes that can be powerful, an opportunity just to take a deep breath, get his body healthy again and get a restart," Ulbrich said. “So I’m excited for him to do his thing these last two games and really demonstrate to everybody who he is as a kicker.” Adams said he was injured early in the game against the Rams, but was still able to catch seven passes for 68 yards and a touchdown. He said he was optimistic about his chances of playing at Buffalo. “We're still working on it,” Adams said after practice Friday. “We're treating it, trying to get it right so we can hopefully be there and ready by game time.” Defensive tackle Quinnen Williams could return after missing last week with a hamstring injury. He was listed as questionable and was limited at practice all week. Also questionable but expected to play are right tackle Morgan Moses (knee), safety Tony Adams (ankle), cornerback Michael Carter II (back), defensive end Haason Reddick (neck) and defensive lineman Braiden McGregor (ankle). Defensive tackle Leki Fotu was ruled out with a knee injury. AP NFL:Reeling Cowboys visit Dan Quinn's overachieving Commanders in a franchise role reversal
NEW YORK (AP) — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. The S&P 500 rose 0.4%, coming off its first losing week in the last four . The Nasdaq composite climbed 1.2% to a record, while the Dow Jones Industrial Average was a laggard and fell 110 points, or 0.3%. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations. The technology company is riding a wave of enthusiasm about its artificial-intelligence offerings in particular. The market’s main event, though, will arrive on Wednesday when the Federal Reserve will announce its last move on interest rates for the year. The widespread expectation is that it will cut its main rate for a third straight time, as it tries to boost the slowing job market after getting inflation nearly all the way down to its target of 2%. The question is how much more it will cut rates next year, and Fed officials will release projections for where they see the federal funds rate ending 2025, along with other economic indicators, once their meeting concludes. Fed Chair Jerome Powell will also answer questions in a press conference following the meeting. For now, the general expectation among traders is that the Fed may cut a couple more times in 2025, according to data from CME Group. But such expectations have been shrinking following reports suggesting inflation may be tougher to get all the way down to 2% from here. Besides last month’s slight acceleration in inflation, another worry is that President-elect Donald Trump’s preferences for tariffs and other policies could lead to higher inflation down the line. Goldman Sachs economist David Mericle has dropped his earlier forecast of a cut by the Fed in January, for example. Beyond the possibility of tariffs, he said Fed officials may also want to slow their cuts because of uncertainty about exactly how low rates need to go so that they no longer press the brakes on the economy. Expectations for a series of cuts to rates by the Fed have been one of the main reasons the S&P 500 has set an all-time high 57 times so far this year and is heading for one of its best years of the millennium . The economy has held up better than many feared, continuing to grow even after the Fed hiked the federal funds rate to a two-decade high in hopes of grinding down on inflation, which topped 9% two summers ago. On Wall Street, MicroStrategy jumped as much as 7% during the day as it continues to benefit from the surging price for bitcoin , which set another all-time high. But its stock ended the day down by les than 0.1% after bitcoin’s price pulled back below $106,000 after setting a record above $107,700, according to CoinDesk. The software company has been building its hoard of the cryptocurrency, and its stock price has more than sextupled this year. It will also soon join the Nasdaq 100 index. Bitcoin’s price has catapulted from roughly $44,000 at the start of the year, riding a recent wave of enthusiasm that Trump will create a system that’s more favorable to digital currencies . Honeywell rose 3.7% after saying it’s still considering a spin-off or sale of its aerospace business, as part of a review of its overall business. It said it plans to give an update with the release of its fourth-quarter results. They helped offset a drop for Nvidia, whose chips are powering much of the world’s move into AI. Its stock fell 1.7%. Because it’s grown so massive, with a total value topping $3 trillion, it was the single heaviest weight on the S&P 500. All told, the S&P 500 rose 22.99 points to 6,074.08. The Dow Jones Industrial Average fell 110.58 to 43,717.48, and the Nasdaq composite rose 247.17 to 20,173.89. In the bond market, Treasury yields held relatively steady. The yield on the 10-year Treasury edged down to 4.39% from 4.40% late Friday. The two-year yield, which more closely tracks expectations for the Fed, eased to 4.24% from 4.25%. In stock markets abroad, indexes fell modestly across much of Europe and Asia. They sank 0.9% in Hong Kong and 0.2% in Shanghai after China reported lackluster economic indicators for November despite attempts to strengthen the world’s second-largest economy. South Korea’s Kospi fell 0.2% as law enforcement authorities pushed to summon impeached President Yoon Suk Yeol for questioning over his short-lived martial law decree, and the Constitutional Court met to discuss whether to remove him from office or reinstate him. AP Business Writer Elaine Kurtenbach contributed.ORCHARD PARK, N.Y. (AP) — Cornerback Taron Johnson is still agitated over the dud the Buffalo Bills defense produced in giving up season worsts in points and yards, while melting down on third down in a loss to the Los Angeles Rams last weekend. There’s no better time or opportunity to show how much better they are than this Sunday. That’s when the Bills (10-3) travel to play the NFC-leading Detroit Lions (12-1), who just happen to lead the NFL in scoring and feature the same dynamic style of offense as the Rams. “I think our mindset is just going to be attack,” Johnson said after practice Wednesday. “We can’t wait to play Sunday just to prove people wrong and prove to ourselves that how we played wasn’t who we are.” The Bills acknowledge having several excuses to lean on for why they unraveled in a 44-42 loss — riding a little too high after a division-clinching win, a cross-country trip and facing a more driven opponent in the thick of a playoff race. What’s unacceptable is the hesitancy their usually reliable defensive backs showed in coverage and the lack of pressure applied by their defensive front. The bright side is the substandard performance potentially serving as a late-season reminder of this not being the time to let their foot off the gas. “A lot of teams have scars on their way to having a darn good season. And we’re having a darn good season,” coach Sean McDermott said. “So what has to be in front of us this week is the opportunity that’s in front of us, quite frankly, to challenge that team,” he added, referring to Detroit. “You better bring your heart, you better bring your guts, you better put it on the line.” With a little bit of added fire, the Bills are going back to the basics on defense following an outing in which very little went right. The defense was off-balance from the start in being unable to stop the run, before eventually being picked apart in the passing game while allowing the Rams to score on each of their first six drives (not including a kneel-down to close the first half) in building a 38-21 lead. The most frustrating part was Buffalo’s inability to get off the field while allowing the Rams to convert 11 of 15 third-down chances. LA’s 73.3% third-down conversion rate was the third highest against Buffalo — and worst since Miami converted 75% of its chances in 1986 — since the stat was introduced to NFL gamebooks in 1973. “The recipe to lose a football game is what we did (Sunday) and it starts with me, first and foremost,” defensive coordinator Bobby Babich said Monday. “Move on and let it not happen again. Let it be a learning lesson. Failure is the best teacher.” The challenge is preparing for an exceptionally balanced Lions offense that ranks fourth in the NFL in both rushing and passing, and averaging 32.1 points per outing. The objective, McDermott said, is to not overcorrect but stick to the fundamentals that led to Buffalo winning seven straight before losing to Los Angeles. He placed an emphasis on winning at the line of scrimmage and forcing takeaways, something Buffalo failed to do last weekend for the first time this season. A little more urgency, would help, too. “It is a mentality. It is an attitude, and if you want to play good defense, that’s where it starts,” McDermott said. “There’s not a lot of shortcuts or ways around it. It’s got to be a mentality.” The message resonated even on offense, where quarterback Josh Allen nearly rallied the Bills to victory while becoming the NFL’s first player to throw three touchdown passes and rush for three more scores. “It was a case of you saw a team that’s fighting for their lives to try to make the playoffs in the Los Angeles Rams, and they came out ready to play. And maybe we didn’t have that type of urgency,” Allen said. “It forces us to know that we’ve got to be better. We know that.” NOTES: LB Baylon Spector (calf) and DE Dawuane Smoot (wrist) returned to practice Wednesday, opening their 21-day windows to be activated off IR. ... Starting CB Rasul Douglas did not practice and could miss time after hurting his knee on Sunday. ... Buffalo has until this weekend to determine whether to activate OL Tylan Grable (groin) off IR. AP NFL: https://apnews.com/hub/nfl
What is the best internet provider in St. George, Utah? Quantum Fiber is CNET's top pick for the best internet provider in St. George . It's the best option for most St. George households because it offers fast symmetrical speeds at competitive prices. Most importantly, unlike many major internet service providers, Quantum Fiber comes with a Price for Life guarantee on all its plans, so you can rest assured that you won't see any sudden spikes in your bill. If you want the most affordable internet plan in the area, TDS Telecom is the cheapest internet provider in St. George . It starts at $40 a month for 300Mbps, but there’s a catch. You'll have to pay $10 to $12 monthly for equipment, and you can expect prices to increase significantly after a year or two on all plans. If you need another alternative, T-Mobile Home Internet is a solid option, covering about a third of St. George. It offers download speeds up to 245Mbps for $50 a month, but you can save by bundling with a T-Mobile cellphone plan. Best internet in St. George, Utah St. George internet providers compared Source: CNET analysis of provider data. What’s the cheapest internet plan in St. George? Source: CNET analysis of provider data. How to find internet deals and promotions in St. George The best internet deals and top promotions in St. George depend on what discounts are available during that time. Most deals are short-lived, but we look frequently for the latest offers. St. George internet providers, such as TDS Telecom and T-Mobile Home Internet, may offer lower introductory pricing or streaming add-ons for a limited time. Many, however, including Quantum Fiber, InfoWest and Kayenta Technologies, run the same standard pricing year-round. For a more extensive list of promos, check out our guide on the best internet deals . Fastest internet plans in St. George Source: CNET analysis of provider data. What’s a good internet speed? Most internet connection plans can now handle basic productivity and communication tasks. If you're looking for an internet plan that can accommodate videoconferencing, streaming video or gaming, you'll have a better experience with a more robust connection. Here's an overview of the recommended minimum download speeds for various applications, according to the FCC . Note that these are only guidelines -- and that internet speed, service and performance vary by connection type, provider and address. For more information, refer to our guide on how much internet speed you really need . How CNET chose the best internet providers in St. George Internet service providers are numerous and regional. Unlike the latest smartphone , laptop , router or kitchen tool , it’s impractical to personally test every ISP in a given city. So what’s our approach? We start by researching the pricing, availability and speed information drawing on our own historical ISP data, the provider sites and mapping information from the Federal Communications Commission at FCC.gov . But it doesn’t end there. We go to the FCC’s website to check our data and ensure we consider every ISP that provides service in an area. We also input local addresses on provider websites to find specific options for residents. We look at sources, including the American Customer Satisfaction Index and J.D. Power, to evaluate how happy customers are with an ISP’s service. ISP plans and prices are subject to frequent changes; all information provided is accurate as of publication. Once we have this localized information, we ask three main questions: While the answer to those questions is often layered and complex, the providers who come closest to "yes" on all three are the ones we recommend. When selecting the cheapest internet service, we look for the plans with the lowest monthly fee, though we also factor in things like price increases, equipment fees and contracts. Choosing the fastest internet service is relatively straightforward. We look at advertised upload and download speeds and consider real-world speed data from sources like Ookla and FCC reports . (Ookla is owned by the same parent company as CNET, Ziff Davis.) To explore our process in more depth, visit our how we test ISPs page. Internet providers in St. George FAQs What is the best internet service provider in St. George? Quantum Fiber is the best internet service provider in St. George. It offers fast, symmetrical speeds at good prices, and its Price for Life promotion guarantees that your bill won’t ever increase. Is fiber internet available in St. George? Yes, fiber internet is available to 35% of households in St. George, according to FCC data . Quantum Fiber and TDS Telecom both offer fiber internet in the city. What is the cheapest internet provider in St. George? TDS Telecom is the cheapest internet provider in St. George, with plans starting at $40 monthly for 300Mbps speeds. That said, the price increases to $74 a month in the second year. Which internet provider in St. George offers the fastest plan? TDS Telecom offers the fastest plan in St. George, with download speeds up to 1,000Mbps.
What's on in Barry this weekend - Christmas parties and panto
Cyber Monday Deal Still Available: This Jackery Solar Generator Kit Is a Massive $2,800 OffInformation on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet. FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.Elon Musk’s Tesla Hits All-Time High With Shares Up 69%—Is Trump’s Election Victory Cause?
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NoneBillionaires Elon Musk and Vivek Ramaswamy may be advising President-elect Donald Trump on cutting federal spending but they also have some advice for him about the U.S. workforce, urging his next administration to bring in more foreign tech workers. Musk and Ramaswamy's views have sparked an online spat between factions of Trump's supporters over immigration and the tech industry, whose businesses rely on the H-1B visa to bring in thousands of foreign engineers and other skilled workers each year from India, China and other nations. The tech industry has long called for more H-1B visas to attract highly skilled workers to the U.S., although Trump's first administration restricted the program in 2020, arguing that it allows businesses to replace Americans with lower-paid foreign workers. That debate has again erupted after Musk, himself once on an H-1B visa and whose electric vehicle company Tesla has hired workers using the program, defended the tech industry's need to bring in foreign workers. Ramaswamy, for his part, wrote in an X post that American culture "has venerated mediocrity over excellence," leading to a nation that does "not produce the best engineers." "There is a permanent shortage of excellent engineering talent. It is the fundamental limiting factor in Silicon Valley," Musk wrote on Dec. 25 on X, his social media app. Here's what to know about the debate and the H-1B visa. How did the most recent H-1B debate begin? The debate touched off this week when Laura Loomer, a right-wing influencer with a history of racist and conspiratorial comments, criticized Trump's selection of Sriram Krishnan as an adviser on artificial intelligence policy in his coming administration. Krishnan favors the ability to bring more skilled immigrants into the U.S. Loomer declared the stance to be "not America First policy" and said the tech executives who have aligned themselves with Trump were doing so to enrich themselves. Loomer's comments sparked a back-and-forth with venture capitalist and former PayPal executive David Sacks, whom Trump has tapped to be the "White House A.I. & Crypto Czar." Musk and Ramaswamy, whom Trump has tasked with finding ways to cut the federal government, defended the tech industry's need to bring in foreign workers. It bloomed into a larger debate with more figures from the hard right weighing in about the need to hire U.S. workers, whether values in American culture can produce the best engineers, free speech on the internet, the newfound influence tech figures have in Trump's world and what his political movement stands for. Who qualifies for an H-1B visa? U.S. Citizenship and Immigration Services says the H-1B visa is geared toward professionals with a "theoretical and practical application of a body of highly specialized knowledge," and who have a bachelor's degree or higher in their field. Those professionals also need to have been offered a temporary job by a U.S. company, which must offer a wage that's not lower than that paid to similarly qualified workers or below the prevailing wage for the job in the geographic area where that person will be working. How many workers receive H-1B visas? The U.S. caps the number of H-1B visas at 65,000 new visas each year, although an additional 20,000 can be granted for those with a master's degree or higher, USCIS says. The visa is valid for three years, but can be extended for an additional three years beyond that. However, the U.S. approves extensions each year for people already working on H-1B visas, with a 2023 report noting that the agency granted the greenlight to more than 309,000 requests for continuing employment under the visa program. What countries do H-1B recipients come from? More than 7 in 10 recipients of H-1B visas are from India, followed by China, at more than 1 in 10 recipients. The remainder of H-1B visa holders stem from a wide range of nations, including Canada, Korea, the Philippines, Mexico and Taiwan, according to a USCIS report. What's the debate about H-1B visas? Technology companies say H-1B visas for skilled workers, used by software engineers and others in the tech industry, are critical for hard-to-fill positions. But critics have said they undercut U.S. citizens who could take those jobs. Some on the right have called for the program to be eliminated, not expanded. Some investigations, including a 2017 report from CBS' "60 Minutes," have found that while many businesses use the program as intended, some have taken advantage of the visa program to replace American workers with less expensive temporary foreign workers. What does Donald Trump say about H-1B visas? Trump has not yet weighed in on the rift, and his presidential transition team did not respond to a message seeking comment. But Trump's positions over the years have reflected the divide in his movement. His tough immigration policies, including his pledge for mass deportation, were central to his winning presidential campaign. He has focused on immigrants who come into the U.S. illegally but he has also sought curbs on legal immigration, including family-based visas. As a presidential candidate in 2016, Trump called the H-1B visa program "very bad" and "unfair" for U.S. workers. After he became president, Trump in 2017 issued a "Buy American and Hire American" executive order, which directed Cabinet members to suggest changes to ensure H-1B visas were awarded to the highest-paid or most-skilled applicants to protect American workers. In 2020, the Trump administration required employers to pay H-1B holders higher wages, a move they argued would discourage U.S. companies from turning to cheaper labor from abroad. The Associated Press contributed to this report. Immigration Elon Musk Donald Trump Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets including USA Today and Consumer Reports.
Nokia Corporation: Repurchase of own shares on 27.12.2024NEW YORK, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating: Manitex International, Inc. (Nasdaq: MNTX ), relating to its proposed merger with Tadano Ltd. Under the terms of the agreement, Manitex International shares will automatically be converted into the right to receive $5.80 in cash per share. ACT NOW. The Shareholder Vote is scheduled for December 20, 2024. Click here for more https://monteverdelaw.com/case/manitex-international-inc/ . It is free and there is no cost or obligation to you. Patterson Companies, Inc. (NASDAQ: PDCO ) , relating to the proposed merger with Patient Square Capital. Under the terms of the agreement, shareholders of Patterson will receive $31.35 in cash per share. Click here for more https://monteverdelaw.com/case/patterson-companies-inc-pdco/ . It is free and there is no cost or obligation to you. First of Long Island Corp. (Nasdaq: FLIC ), relating to its proposed merger with ConnectOne Bancorp, Inc. Under the terms of the agreement, FLIC anticipates acquiring ConnectOne shares at the price of 0.5175 shares of FLIC common stock. Click here for more information: https://monteverdelaw.com/case/first-of-long-island-corp/ . It is free and there is no cost or obligation to you. MoneyLion Inc. (NYSE: ML ) , relating to the proposed merger with Gen Digital Inc. Under the terms of the agreement, shareholders of MoneyLion will receive $82.00 per share in cash, and, in addition, one contingent value right per share entitling the shareholder to a contingent payment of Gen Digital common stock. Click here for more https://monteverdelaw.com/case/moneylion-inc-ml/ . It is free and there is no cost or obligation to you. NOT ALL LAW FIRMS ARE THE SAME. Before you hire a law firm, you should talk to a lawyer and ask: Do you file class actions and go to Court? When was the last time you recovered money for shareholders? What cases did you recover money in and how much? About Monteverde & Associates PC Our firm litigates and has recovered money for shareholders...and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. No company, director or officer is above the law. If you own common stock in any of the above listed companies and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341. Contact: Juan Monteverde, Esq. MONTEVERDE & ASSOCIATES PC The Empire State Building 350 Fifth Ave. Suite 4740 New York, NY 10118 United States of America jmonteverde@monteverdelaw.com Tel: (212) 971-1341 Attorney Advertising. (C) 2024 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC ( www.monteverdelaw.com ). Prior results do not guarantee a similar outcome with respect to any future matter. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.