Intentar ORO - Gratis

The Visas Dividing MAGA World Help Power the U.S. Tech Industry

Mint Ahmedabad

|

January 02, 2025

Behind the uproar over the H-1B visa is a simple fact: America's tech industry is hooked on imported labor.

- Paul Kiernan & Angel Au-Yeung

The program was at the center of a fight that broke out between President-elect Donald Trump's supporters over the holidays. Elon Musk and other tech executives defended H-1B visas as crucial to the success of U.S. businesses. Other stalwarts in the MAGA movement said tech companies should be forced to hire American workers.

Amazon.com, Google and Tesla are among the biggest users of the visas, which let companies bring foreign workers to the U.S. on a temporary basis. The workers overwhelmingly come from India and fill jobs in such fields as software development, computer science and engineering.

Created by Congress in 1990, the H-1B program is the main pathway to the U.S. for highly skilled foreign workers. Visa holders can eventually become eligible to apply for green cards, which would let them stay in the country indefinitely.

The program is vastly oversubscribed, with new visas capped at 85,000 a year. Companies file hundreds of thousands of petitions for the visas a year. A lottery system helps decide who gets in. Employees of universities and other nonprofits are generally exempt from the cap.

MÁS HISTORIAS DE Mint Ahmedabad

Mint Ahmedabad

Trump's bets on China and Argentina are souring fast

When it comes to US foreign economic polic policy, President Donald Trump’s administration has two problems on its hands.

time to read

3 mins

November 18, 2025

Mint Ahmedabad

Mint Ahmedabad

Centre mulls cut in PLI auto sops to ₹2,000 cr for FY26

Scheme has faced challenges including localization requirements and delays in disbursal

time to read

2 mins

November 18, 2025

Mint Ahmedabad

SGX to list Bitcoin, Ether perpetual futures on 24 Nov

Traders in SGX's perpetual futures won't automatically get liquidated if a sudden market shift upsets their positions.

time to read

2 mins

November 18, 2025

Mint Ahmedabad

Mint Ahmedabad

Do pre-IPO gains get long-term tax status?

I live in Australia and I own shares in a Indian company which got recently listed. I invested about 1.5 years back when it was not listed. When I sell the shares now, will it be considered as shortor long-term gains? —Name withheld on request

time to read

1 mins

November 18, 2025

Mint Ahmedabad

Mint Ahmedabad

OTTs chase regional content with higher spends but viewership trails

Platforms need carefully considers content strategies to ensure they are meeting the needs but viewership trails

time to read

1 mins

November 18, 2025

Mint Ahmedabad

Mint Ahmedabad

India's music stardom has moved from film sets to feeds

A few verses, a guitar, and an Instagram Reel were enough to catapult Anumita Nadesan into the national spotlight.

time to read

2 mins

November 18, 2025

Mint Ahmedabad

Mint Ahmedabad

A. Vellayan, known for visionary bets, passes away at 72

His friends and peers called Arunachalam Vellayan (72), former chairman of Murugappa group who passed away in Chennaion Monday, a man with a high level of business acumen and an ability to see the future.

time to read

1 mins

November 18, 2025

Mint Ahmedabad

Mint Ahmedabad

Sebi has started review of listing, disclosure norms

The Securities and Exchange Board of India (Sebi) has begun work on a review of the Listing Obligations and Disclosure Requirements (LODR), its chairperson Tuhin Kanta Pandey said, setting the stage for what could be one of the regulator's most significant cleanups of corporate disclosure rules in recent years.

time to read

1 mins

November 18, 2025

Mint Ahmedabad

Mint Ahmedabad

INSIDE AP'S NEW MANTRA: 'SPEED OF DOING BUSINESS'

Nara Lokesh is facing off against rival states and historical financial strain. Can he repeat his father's legacy?

time to read

9 mins

November 18, 2025

Mint Ahmedabad

Marico’s margin on slippery slope despite healthy demand

The Marico Ltd stock hit a new 52-week high of ₹764.65 on the NSE on Monday after its consolidated revenue surged 31% year-on-year to ₹3,482 crore in the September quarter (Q2FY26), led by broad-based growth across product categories.

time to read

1 mins

November 18, 2025

Listen

Translate

Share

-
+

Change font size