US companies – pressnews

[ad_1] US companies are discussing cost control on earnings calls at a record rate, amid a push to reallocate funds and invest in new technologies, according to an analysis by Morgan Stanley strategists.Transcript mentions of “operational efficiency” are at highest ever in the US during this earnings season as companies focus on expense discipline, but also invest in technologies “that can drive future productivity like AI,” a team led by Michael Wilson wrote in a note. There is a notable overlap among the industries discussing operational efficiency most prevalently and those that are discussing AI, the strategists said. These groups include software, professional services, health care services, and financial services. Pfizer Inc., BlackRock Inc., and Lam Research Corp. were among S&am...

[ad_1] The new work permit for H-1B visa holders officially opened for applications on July 16.Toronto: The Canadian government's decision to allow 10,000 H-1B visa holders in the US to come and work in the country, which is expected to benefit Indian professionals, has received an overwhelming response with the scheme meeting its target within the first day.The H-1B visa is a non-immigrant visa that allows US companies to employ foreign workers in speciality occupations that require theoretical or technical expertise. Technology companies depend on it to hire tens of thousands of employees each year from countries like India and China.The new work permit for H-1B visa holders officially opened for applications on July 16.The Immigration, Refugees, and Citizenship Canada (IRCC) now says ...

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US companies are discussing cost cuts and AI like never before

Canada Gets Massive Response For New Work Permit For H-1B Visa Holders