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via foxbusiness.comPolitics

Vance suspends Microsoft and others from foreign worker visa program

FROM THE WIRE · FOXBUSINESS.COM

Vice President JD Vance and Labor Department officials announced Thursday that the Trump administration is suspending Microsoft, Adobe and others from a key emp...

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishTrump administration suspends Microsoft, Adobe and others from foreign worker visa program, negative impact on tech and operating costs.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01VP JD Vance and Labor Department announce suspension of Microsoft and Adobe from foreign worker visa program.
  2. 02Trump administration accuses companies of visa program abuse.
  3. 03Measure directly impacts tech companies dependent on international talent.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Microsoft CorporationMSFTStock530.86 USD-0.14%today +0.21%Negative Adobe Inc.ADBEStock233.47 USD-0.21%today +0.30%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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