WASHINGTONA group of information technology companies filed a lawsuit on Friday evening challenging a Trump administration rule raising the salaries that employers must pay to their foreign workers on H-1B visas, aimed at tightening eligibility for the visas.
The Trump administration rolled out its long-anticipated overhaul of the H-1B visa program for high-skilled workers last week, a program highly valued by U.S. high-tech firms and other employers.
French government blocks U.S. LNG deal as too dirty – POLITICO
The French trading firm Engie had been poised to sign the $7 billion, 20-year contract.
The French government, which is a part owner of Engie, stepped in to tell Engies board of directors to delay, if not outright cancel, any dealbecause of concerns that U.S. natural gas producers emit too much methane at theWest Texas oil and gas fields that will supply gas to the NextDecade plant, said Lorette Philippot, head of private finance campaigns for French environmental group Les Amis de la Terre,a French affiliate of the green group Friends of the Earth thatmet with French government officials…
South Australia records 100pc solar in world first – The Australian Financial Review
A never-ending boom in rooftop solar installations has driven demand for grid-based power to record lows in several states and helped drive prices lower.
The combination of conditions drove down wholesale electricity prices by almost 50 per cent in the quarter compared to the same three months of 2019, reaching their lowest level since 2014, Ms Zibelman said/
Excluding Tasmania, NEM prices dropped by 45-48 per cent to $32-$51 per megawatt-hour, depending on the state. AEMO found that the improved reliability of coal-fired power stations in NSW and Victoria contributed to the lower prices, as well as a reduction in prices bid in by black coal power…
Crown chairman Coonan apologises to shareholders for casino’s failures – Sydney Morning Herald
Crown Resorts has received a “first strike” against its remuneration report at its AGM, while two directors appear to have only kept their jobs thanks to the support…
A second “strike” at next year’s AGM could result in a company’s entire board being split and forced to stand for re-election.
Crown Resorts chairman Helen Coonan acknowledged the “significant” protest vote.
“I understand the vote on these resolutions reflects dissatisfaction with the performance of the board and the company, particularly in the context of evidence coming out of the ILGA Inquiry,” Ms Coonan said.
“Shareholders have given a clear and powerful message that board renewal is required,…
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