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U S Newest Business And Regional News

The US Citizenship and Immigration Services has clarified that sole proprietors are not eligible for an L-1 foreign employee’s visa. The USCIS said that a sole proprietorship isn’t a separate authorized entity and due to this fact cannot file a petition on behalf of its owner. However, a single-member limited legal responsibility company or an organization with a single proprietor can file a petition as they’re thought-about distinct authorized entities. The Biden administration plans to introduce adjustments to the H-1B foreign worker program to boost effectivity whereas maintaining the annual cap of 60,000 visas. The changes purpose to streamline eligibility criteria and provide more flexibility to F-1 college students, entrepreneurs, and nonprofit workers.

Prime Gainers:market News

The prime minister is seeking to make the reduce a key characteristic of an inflation-relief bundle that his Cabinet plans to formalize on Nov. 2. The country’s housing market is showing extra signs of …