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via pbs.orgPolitics

Trump administration suspends Microsoft from green card program for H-1B visa workers

FROM THE WIRE · PBS.ORG

President Donald Trump's administration is suspending tech giant Microsoft from a program to apply for green cards for workers who come to the U.S. to live and work using H-1B visas as it accuses the company of fraud.

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishMicrosoft's suspension from the green card program on fraud allegations escalates anti-immigration policy and could raise operational costs across the tech…AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Trump administration suspends Microsoft from green card program for H-1B visa workers.
  2. 02The company is accused of fraud in the foreign worker visa program.
  3. 03The measure could impact tech companies' ability to recruit international talent.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Microsoft CorporationMSFTStock523.30 USD-1.16%today -1.22%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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