Recent allegations of H-1B visa abuse have prompted heightened talks around skilled immigration, but the Department of Homeland Security might not be able to enforce H-1B laws on its own. At an oversight hearing in July on immigration enforcement, Secretary of Homeland Security Jeh Johnson was asked about the potential consequences for companies that violated H-1B terms. “That’s actually something where I think Congress may be able to help us,” he
Ride summoning service Uber Technologies is hiring for its UberEATS on-demand meal delivery service in at least nine U.S. cities and could operate in as many as 15 cities in coming months, says Cowen & Co. UberEATS launched in Los Angeles in 2014, Cowen analyst Kevin Kopelman wrote in a research report Thursday. The service, which offers delivery in 10 minutes, operates in New York, Chicago, Barcelona, Toronto and Los Angeles. Best known for
Media stocks continued their collapse Thursday, with investors worried that a day of reckoning is at hand for the pay-TV ecosystem. Walt Disney’s (DIS) warning late Tuesday over slowing revenue growth from affiliate fees, the payments media firms garner from pay-TV companies, set the sell-off in motion. Generally soft media earnings didn’t help. Disney shares fell 1.8% after losing 9% Wednesday. Over the past two sessions,