Headlines 

Trump Spouse-Visa Shift May Hurt Workers, Push 100,000 From Jobs

U.S. President Donald Trump’s plan to ban spouses of high-skill visa holders from working will likely push 100,000 people out of jobs and negatively affect the visa holders and their employers, according to a new research study. The Trump Administration has been tightening the rules for H-1B visas, which allow foreign workers to take jobs in the U.S. for several years, and University of Tennessee at Chattanooga and Pooja B. Vijayakumar from the Kemmy Business School at the University of Limerick set out to study the implications of such a…

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Apple, Samsung Declare Peace in Biggest Modern Tech Patent Fight

The biggest patent battle of the modern technology world has finally come to an end after seven years. Samsung Electronics Co. told a judge Wednesday they’d resolved the first filed but last remaining of the legal disputes that once spanned four continents. The string of lawsuits jihadist.” The ensuing litigation cost each company hundreds of millions of dollars in legal fees, and tested their reputations as innovators. ‘Sumo Wrestlers’ “The sumo wrestlers have tired of the wrestling match,” said Paul Berghoff, a patent lawyer with McDonnell Boehnen Hulbert & Berghoff…

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People Are Sharing Hilariously Bad Stock Photos Of Their Jobs, And Youll Laugh Out Loud When You Find Yours

There’s something about stock photos that make them instantly recognizable as a genre, a weird, posey cheesiness that unifies them all. When you see a stock photo, you just know that it’s a stock photo. Trying to represent so many different topics, ideas, concepts and scenarios into single photographs makes the job difficult for photographers and actors, and the ways in which they fail is a source of absolute comedy gold. The hashtag #BadStockPhotosOfMyJob, originally started by scientists, has been going around and it is a perfect collection of the…

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Headlines 

The Russian Robot Thats Hiring Humans

Robot Vera, artificial intelligence software designed for recruiting, to help its 300-odd clients—including PepsiCo, Ikea, and L’Oréal—fill vacant jobs. (Yes, with humans.) The Benefit Vera speeds the vetting of high-turnover service and blue-collar positions (clerks, waiters, construction workers), cutting the time and cost of recruitment by as much as a third, according to its creators. The software can interview hundreds of applicants simultaneously via video or voice calls, narrowing the field to the most suitable 10 percent of candidates. Innovators Vladimir Sveshnikov (28) and Alexander Uraksin (30), co-founders of Stafory,…

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Headlines 

Trade Wars Are Bad and Hard to Win, U.K. Tells Trump

The U.K. has “deep concern” about the U.S. plan to slap tariffs on steel and aluminum imports, and negotiated accords are better, Prime Minister Theresa May told President Donald Trump. The two leaders spoke Sunday by telephone, with May saying “multilateral action was the only way to resolve the problem of global overcapacity in all parties’ interests,” according to a spokesman for the prime minister. Trump’s vow that trade wars are good and are easy to win also drew a rebuke from one of May’s most senior ministers, who said…

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Global Equity Slump Deepens as Rate Fears Grow: Markets Wrap

Asian equities fell and U.S. stock futures headed lower, extending the biggest selloff for global stocks in two years as investors adjusted to a surge in global bond yields. Shares sank across the region, putting the MSCI Asia Pacific Index on course for its biggest drop in almost 14 months. Benchmarks in Tokyo tumbled more than 2 percent, while S&P 500 Index futures were 0.4 percent lower. The 10-year Treasury yield neared 2.87 percent after solid jobs data on Friday showed rising wages. The yen advanced. “It’s likely the pullback…

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Headlines 

U.S. Adds 200,000 Jobs; Wages Rise by Most Since Recession

U.S. hiring picked up in January and wages rose at the fastest annual pace since the recession ended, as the economy’s steady move toward full employment extended into 2018. Nonfarm payrolls rose 200,000 — compared with the median estimate of economists for a 180,000 increase — after an upwardly revised 160,000 advance, Labor Department figures showed Friday. The jobless rate held at 4.1 percent, matching the lowest since 2000, while average hourly earnings rose a more-than-expected 2.9 percent from a year earlier, the most since June 2009. Treasury yields and…

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Odds and Ends 

House-Sit For Your Neighbors While Theyre On Vacation!

This feature requires JavaScript to function. Go answer the door. Okay. PLESH! Fievel is a cunning mouse from a motion picture, you learn. This is the first you have heard of him. The knocking at the door has stopped. Deal! I have no questions. Please go away to vacation now. Go house-sit for the Pleshes. You walk across the street to the Pleshes’ house. You are excited to go in and do a good job so that you can earn money. You plan to use the money to buy a…

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Headlines 

No Idea What MiFID Stands For? Here’s What You Need to Know

Everyone in European finance has been abuzz over an obscure acronym — MiFID II — that’s about to radically change how assets from stocks to commodities are traded and investors’ money is managed. Banks and asset managers across the European Union have spent more than $2 billion preparing for it. Regulators say it will protect investors, boost transparency and rebuild trust that was tarnished by the 2008 global crash. The industry has even spent months finding ways to sidestep parts of it. But you’d be forgiven for not paying attention:…

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Headlines 

May Plans Cabinet Shake-Up With Five Ministers Going, Times Says

U.K. Prime Minister Theresa May is planning to make major changes to her cabinet in the new year, possibly sacking as many as five ministers, according to the Sunday Times. May has decided to bring younger members of Parliament into her government as part of a series of steps aimed at convincing voters she can do more than Brexit, the newspaper reported, without saying how it obtained the information. The ministers who could lose their jobs are: Patrick McLoughlin, Conservative party chairman Justine Greening, education secretary Greg Clark, business secretary…

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Headlines 

Trump Signs $1.5 Trillion Tax Cut in First Major Legislative Win

President Donald Trump signed the Republican tax-overhaul bill to little fanfare on Friday, delivering a major tax cut to U.S. corporations along with a package of temporary cuts for other businesses and most individuals. “I consider this very much a bill for the middle class and a bill for jobs,” Trump told reporters in the Oval Office before signing the legislation. “Corporations are literally going wild over this. I think even beyond my expectations.” Trump’s signature caps a seven-week sprint that

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Headlines 

Blockbuster Reforms May Take Back Seat as Modi Eyes Elections

India’s national sales tax might be the last big-ticket reform from Prime Minister Narendra Modi as he prepares for about a dozen of state polls and seeks re-election in 2019, government officials say. Modi is expected to conclude already-underway measures such as the privatization of state carrier easier to do business in India, reforming taxation and taking measures to pull banks out of their bad debt trap. Still, while global investors look favorably at Modi, his policies have not addressed the growing disenchantment among farmers and unemployed youth and senior…

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Headlines 

Trump’s $250 Billion China Haul Features Little of Substance

Donald Trump can use to show he’s creating opportunities for U.S. businesses and jobs for his base. The reality, however, is that the roughly 15 agreements unveiled on Thursday are mostly non-binding memorandums of understanding and could take years to materialize — if they do at all. A day earlier, Commerce Secretary Read More: Details on the Deals Trump’s Team Plans to Unveil in China “To me this is an old-style visit when you pile up all the deals so you can to get a big number,” said James McGregor, China…

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Odds and Ends 

The Dangers Of Automation: The Nations Eye-Candy Pool Boys Are Struggling To Compete With More Efficient, Sexier Pool-Cleaning Robots

Technological progress often comes at a price, especially when it comes to automation. More and more people are being put out of work with each new advancement in the field, and it seems like automation may now be pushing yet another time-honored industry to the brink of extinction, as an increasing number of Americas eye-candy pool boys are losing their jobs to sexier, more efficient pool-cleaning robots. Wow. This truly is a sign of the times. While pool cleaning used to be a reliable summer job for the nations hottest…

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