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2025-01-20
Don’t let politics spoil Thanksgiving | Making SenseTitle: The Taiwanese Authorities Keep a Close Eye on the PLA's Moves in the Taiwan Strait, Mainland Vessels' Activities Draw AttentionForeign H-1B visa workers received starting salaries about 10 percent less than their American counterparts at Deloitte, a multinational accounting firm whose wage data was hacked and published. The H-1B visa program, created by former President George H.W. Bush, allows companies to import hundreds of thousands of foreign workers — primarily from India and China — to take white-collar American jobs under the guise that there is a “labor shortage,” particularly in STEM occupations. For years, Breitbart News has chronicled the abuses against white-collar American professionals as a result of the H-1B visa program. Americans are often laid off in the process and forced to train their foreign replacements, as highlighted by Breitbart News. Research, published in the September issue of the Journal of Business Ethics, reviewed wage data that was hacked from Deloitte to compare starting wages for foreign H-1B visa workers with their American counterparts. Deloitte paid foreign H-1B visa workers about 10 percent less than Americans doing the same line of work, the results showed. “We observe that relative to U.S. citizen new hires — matched on office, position, and time of hire — newly hired accountants with H-1B visas receive starting salaries that are lower by approximately 10%,” the researchers found: We find, in line with the cost savings argument, that a Big 4 firm pays H-1B visa holders in tax and audit lower starting wages than U.S. citizen peer hires. There are several other explanations besides a desire to save on wage costs that could drive this wage discount (such as a difference in English communication skills or an attempt to recoup the considerable filing fees involved in hiring an H-1B worker). We are unable to identify the exact driver of this discrepancy, but our results are at least consistent with the pattern predicted by H-1B critics. In our secondary tests, we find no evidence that H-1B workers are substitutes for U.S. citizens in accounting, but rather some weak evidence of complementarities. That is, controlling for office size and growth, U.S. citizen new hires are paid slightly more in offices that have recently hired an H-1B visa holder in a peer role. [Emphasis added] The wage data confirms accusations that the H-1B visa program is used across several industries to cut labor costs for companies while crowding American professionals out of jobs that would otherwise go to them. About a year ago, laid-off American professionals — who say they were replaced with Indian H-1B visa workers — scored a $4.65 million settlement against Indian outsourcing firm Larsen & Toubro Infotech (LTI). The initial lawsuit brought by the laid-off Americans said LTI deployed a “four-pronged policy” of anti-American discrimination to ensure that jobs went to Indian H-1B visa workers: First, LTI allegedly maintains an “inventory” of “visa ready” workers from India to fill positions at the company by petitioning the federal government’s lottery program to obtain a large amount of H-1b visas , and preferences hiring from this pool of applicants over U.S. citizens and visa-ready individuals not from South Asia (in particular, India). [Emphasis added] ... Second, LTI’s internal and third-party recruiters in the United States disproportionately select South Asian and Indian applicants located in the United States over non-South Asian, non-Indian applicants located in the United States, even if applicants are less qualified. [Emphasis added] Third, LTI promotes South Asian, Indian, visa holders at disproportionately high rates, in particular by giving these workers higher scores on their quarterly and annual employee appraisals. [Emphasis added] Fourth, and finally, LTI terminates non-South Asian, non-Indian, and non-visa holders at disproportionately higher rates , in part because these workers are relegated to the “bench” more often and then are not staffed on more projects. [Emphasis added] Most prominently, the Department of Justice (DOJ) settled with Facebook over its lawsuit that the tech corporation had discriminated against qualified Americans for jobs, preferring to hire foreign H-1B visa workers. Recently, Americans detailed to Bloomberg News how Cognizant Technology Solutions Corporation discriminated against Americans using the H-1B visa program. One such insider at Cognizant was Abby Israel, who was hired to ensure that federal anti-discrimination laws were being followed. What she discovered was shocking: In 2018, Israel’s team produced an internal report that found large racial disparities in rates of “involuntary terminations” at Cognizant over the first eight months of the year. Black employees were let go at a rate 23 times that of Asian [mostly Indian] workers, the data showed. For Hispanic or Latino employees, the rate was 16 times the rate of their Asian counterparts. For White workers, it was eight times as high. (The Asian workers were overwhelmingly from India and were working on [H-1B and other] visas, according to the report.) Israel told the jury that those were some of the most extreme racial disparities she’d ever seen. She also said that when she reached out to Cognizant’s hiring managers with those findings, her supervisor told her to stop sharing the data beyond HR leaders. [Emphasis added] In December 2022, the DOJ announced a settlement with Secureapp Technologies, whose Fortune 500 clients include Pfizer, Comcast, Deloitte, JPMorgan Chase, FedEx, and Nike, after the firm was found to have discriminated against qualified Americans, hiring foreign H-1B visa workers from India instead. Another infamous case involved the defunct biotech corporation Theranos, whose founder and CEO, Elizabeth Holmes, was convicted of fraud and conspiracy. Holmes, along with her partner and former boyfriend Ramesh “Sunny” Balwani, had raked in billions in investments from 2003 to 2015 by claiming that Theranos’s nanotechnology could retrieve tiny blood samples from patients and test them for a myriad of illnesses and diseases. Holmes and Balwani used the H-1B visa program to keep their employees quiet and compliant, even as the fraud scheme unraveled, according to John Carreyrou’s bombshell reporting. “For the dozens of Indians Theranos employed, the fear of being fired was more than just the dread of losing a paycheck. Most were on H-1B visas and dependent on their continued employment at the company to remain in the country,” Carreyrou reported in his book. “With a despotic boss like Sunny holding their fates in his hands, it was akin to indentured servitude,” Carreyrou reported. “Sunny, in fact, had the master-servant mentality common among an older generation of Indian businessmen. Employees were his minions.” John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here .f it list

In conclusion, XGP's nominations at The Game Awards are a well-deserved recognition of its exceptional quality and creativity. As the gaming industry continues to evolve and push the boundaries of what is possible, XGP stands as a shining example of what can be achieved through passion, dedication, and a commitment to excellence. Whether it ultimately takes home the coveted awards or not, XGP has already left an indelible mark on the gaming world and will continue to inspire future generations of game developers and players.After leaving Liverpool, Baros had stints at Aston Villa, Lyon, Galatasaray, and a number of other clubs before eventually returning to his homeland to finish his career at Banik Ostrava. Throughout his career, he scored over 200 goals and won numerous domestic and international trophies, cementing his legacy as one of the greatest Czech footballers of his generation.

Amazon, known for its vast marketplace and innovative services, has continually shown its commitment to supporting small and medium-sized enterprises (SMEs). With Intuit, a leader in financial management solutions for small businesses, joining forces, the partnership is poised to deliver a comprehensive suite of tools and resources tailored to meet the specific needs of entrepreneurs and business owners.

Why Buying a New Car Can Be a Smart Investment for the Long-TermMerck Provides Update on KeyVibe and KEYFORM Clinical Development Programs Evaluating Investigational Vibostolimab and Favezelimab Fixed-Dose Combinations with PembrolizumabIn the end, thanks to the swift and decisive actions of the traffic police officers, the expectant mother safely delivered her baby. The high-speed escort and the timely rescue mission had been a success, with both mother and child emerging from the ordeal unscathed. The sense of relief and gratitude that washed over the scene was palpable, a testament to the power of teamwork and dedication in the face of adversity.

Many years ago, in a small village nestled amidst lush green fields, the father's younger brother was just a young boy full of innocence and curiosity. One day, he was entrusted with the task of feeding the family's cow, a gentle creature that had been their source of milk for as long as he could remember."Will I ever be able to truly leave the past behind? Can I rebuild my life after so many years of captivity?" These thoughts weighed heavily on Mark's heart as he continued to run, the rhythmic pounding of his feet on the pavement echoing in his ears.

DETROIT (AP) — Starting in September of 2027, all new passenger vehicles in the U.S. will have to sound a warning if rear-seat passengers don't buckle up. The National Highway Traffic Safety Administration said Monday that it finalized the rule, which also requires enhanced warnings when front seat belts aren't fastened. The agency estimates that the new rule will save 50 lives per year and prevent 500 injuries when fully in effect, according to a statement. The new rule will apply to passenger cars, trucks, buses except for school buses, and multipurpose vehicles weighing up to 10,000 pounds. Before the rule, seat belt warnings were required only for the driver's seat. Under the new rule, outboard front-seat passengers also must get a warning if they don't fasten their belts. Front-center seats will not get a warning because NHTSA found that it wouldn't be cost effective. The agency said most vehicles already have warnings for the outboard passenger seats. The rule also lengthens the duration of audio and visual warnings for the driver's seat. The front-seat rules are effective starting Sept. 1 of 2026. Rear passengers consistently use seat belts at a lower rate than front passengers, the agency says. In 2022, front belt use was just under 92%, while rear use dropped to about 82%. About half of automobile passengers who died in crashes two years ago weren’t wearing belts, according to NHTSA data. The seat belt rule is the second significant regulation to come from NHTSA in the past two months. In November the agency bolstered its five-star auto safety ratings to include driver assistance technologies and pedestrian protection. Safety advocates want the Department of Transportation, which includes NHTSA, to finish several more rules before the end of the Biden administration, because President-elect Donald Trump has said he’s against new government regulations. Cathy Chase, president of Advocates for Highway and Auto Safety, urged the department to approve automatic emergency braking for heavy trucks and technology to prevent impaired driving.Title: Bashar Stepping Down, US and Israel Claim Credit? 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.Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve's meeting

One of the key drivers of China's economic growth in 2024 is the continued emphasis on innovation and technology. The country's leadership has made it a priority to promote technological advancement and digital transformation across various industries. This commitment to innovation is driving the development of cutting-edge technologies such as artificial intelligence, big data, and blockchain, which are reshaping traditional industries and creating new economic opportunities.

Trump threat to immigrant health care tempered by economic hopes

The recent arrest of the young man responsible for the shooting of the CEO of a prominent healthcare organization has shocked the nation. The perpetrator, identified as a wealthy and privileged graduate of an Ivy League institution, has captured headlines for his brazen act of violence. The incident has sparked a national conversation about gun control, mental health, and the influence of elitism on individual behavior.

- President of Kazakhstan Kassym-Jomart Tokayev held a meeting in connection with the air crash near Aktau, Akorda reports. The head of state gave several important instructions: - The government commission to ensure provision of all necessary medical and psychological assistance to the injured foreign citizens, as well as pay special attention to the relatives of deceased citizens of Kazakhstan. - The government commission and the General Prosecutor’s Office together with other authorized bodies are tasked to ensure a comprehensive and objective investigation of the air crash. Tokayev underlined the importance of preventing information provocations and fakes. He said the state aviation safety throughout the country should be carefully examined.

As the situation in Syria continues to evolve, the U.S. military and its partners will remain vigilant and prepared to take whatever actions are necessary to defeat the Islamic State and ensure the safety and security of the Syrian people. The recent airstrikes were a clear demonstration of the United States' commitment to this goal, and a reminder of the resolve and determination of the international community to stand against terrorism and extremism in all its forms.

Chris Clarke appointed practice leader of Homeland Security & Law Enforcement; Bryan Miller to lead newly combined Defense, Diplomacy, & Intel (DDI) practice MCLEAN, Va. , Dec. 16, 2024 /PRNewswire/ -- Guidehouse, a global consultancy providing advisory, digital, and managed services to the commercial and public sectors, has named Shannon White the new leader of its Defense & Security segment effective Jan. 1, 2025 . White succeeds John Saad , who has been named President of Guidehouse. Additionally, Chris Clarke will take on White's former role as Guidehouse's Defense & Security's Homeland Security & Law Enforcement practice leader. White brings a wealth of expertise in the national security sectors, along with a proven ability to deliver complex, high-impact solutions. With a track record of driving innovation and meaningful results, she has been instrumental in shaping Guidehouse's growth and impact across its diverse portfolio. Under her leadership, the Defense & Security segment will continue to focus on delivering mission-critical solutions to address the nation's most pressing defense and security challenges. "Shannon is a passionate leader whose experience will be invaluable as we continue to support purpose-driven initiatives to preserve security across the U.S.," said John Saad , President of Guidehouse. "Her strategic vision and expertise will accelerate Guidehouse's growth through transformative engagements with our clients in the defense, national security, and public sectors." Chris Clarke , Homeland Security & Law Enforcement practice leader Clarke, a partner at the firm, brings over 20 years of experience engaging with clients on complex challenges, with a focus on risk management and financial transformation. He has worked extensively across the U.S. Department of Homeland Security, U.S. Department of Justice, and the Intelligence Community leading hundreds of consultants to deliver a range of services in support of solving strategic challenges for Guidehouse clients. Bryan Miller , Defense, Diplomacy, & Intel (DDI) practice leader To position the firm for additional growth and to align with the evolving needs of its clients, Guidehouse has combined Defense & Security's Defense & Intelligence and Diplomacy & Development practices into a newly combined Defense, Diplomacy, & Intel (DDI) practice under the leadership of Bryan Miller . Miller, a partner at the firm, has over 20 years of industry experience focused on delivering strategy, supply chain and transformation programs to the U.S. Government. "This new structure strengthens our capabilities and provides a more cohesive approach to serving these interconnected client missions," added Saad. "Chris and Bryan are remarkable leaders with unmatched expertise in navigating the complexities of public safety and national security. We congratulate them on these new roles and are confident they will drive tremendous value for our clients and teams." Named a Military Friendly® Employer for six consecutive years, Guidehouse's Defense & Security segment serves U.S. diplomatic, intelligence, law enforcement, and defense agencies. Backed by proven success in helping clients compete, deter, and win, the firm delivers mission-critical optimization, technology modernization, and financial management solutions. About Guidehouse Guidehouse is a global consultancy providing advisory, digital, and managed services to the commercial and public sectors. Guidehouse is purpose-built to serve the national security, financial services, healthcare, energy, and infrastructure industries. Disrupting legacy consulting delivery models with its agility, capabilities, and scale, the firm delivers technology-enabled and focused solutions that position clients for innovation, resilience, and growth. With high-quality standards and a relentless pursuit of client success, Guidehouse's more than 18,000 employees collaborate with leaders to outwit complexity and achieve transformational changes that meaningfully shape the future. guidehouse.com Media Contact: Cecile Fradkin, cfradkin@scprgroup.com , Guidehouse View original content to download multimedia: https://www.prnewswire.com/news-releases/guidehouse-names-shannon-white-leader-of-defense--security-segment-302332867.html SOURCE Guidehouse

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