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Tech industry hindered by lack of highly skilled immigrants

As the US government opened up visa applications Monday for highly skilled immigrants, debate flared anew on the tech sector’s demands to be able to hire more foreign workers. The US tech sector has long complained of a shortage of workers with specialized skills, but the debate is further complicated…

Sen. Grassley: SEC may have covered up bank wrongdoings

WASHINGTON — A US senator said Wednesday that the Securities and Exchange Commission may have destroyed thousands of documents related to probes into possible violations by major banks and hedge funds. Senior Republican Senator Chuck Grassley said that “an agency whistle-blower” sent him a letter that described the SEC’s allegedly…

China copyright violations costs almost a million jobs

BIG SKY, Montana — US firms could support nearly one million more jobs if China stopped intellectual property violations, a study said, leading US lawmakers to call for a tough line with Beijing. In a report requested by senators, the US International Trade Commission surveyed US businesses and estimated that…

China blocks up to $5 billion in US farm sales

WASHINGTON – The United States could sell China $5 billion more in farm goods if Beijing cut trade barriers, according to an official study Tuesday that is likely to stoke trade tensions between the two powers. “Results suggest that the elimination of Chinese tariffs and non-tariff measures could lead to…