Your morning briefing, the business news you need in just 15 minutes.
On today's podcast:
(1) Donald Trump’s order on H-1B visas which requires a $100,000 fee for applications — will hurt margins of Indian outsourcers who use the program to deploy engineers to client sites. That’s a blow to India’s $280 billion IT services sector, which is already grappling with sluggish growth as customers cut back on technology spending due to geopolitical tensions and Trump’s tariffs.
(2) Canada, the UK and Australia have formally recognized a Palestinian state, joining a growing global consensus and pushing ahead with a policy that has drawn criticism from US President Donald Trump.
(3) Estonia is set to ask NATO allies for extra air-defense assistance over the Baltic Sea as the alliance’s eastern members try to respond to the third violation of NATO airspace this month by Russia.
(4) President Donald Trump and top Republicans mourned Charlie Kirk on Sunday and galvanized young conservatives at the memorial service ahead of next year’s crucial midterm elections.
(5) The UK approved a second runway at London Gatwick Airport, the latest infrastructure project pushed by Keir Starmer’s government as he tries to boost economic growth.
(6) Hong Kong International Airport is weighing grounding all passenger flights for 36 hours, the longest in recent history, as the Asian financial hub braces for one of its strongest super typhoons in years, according to people familiar with the matter.
Podcast Conversation: Millennials Are Stuck in an Old, Lazy Story
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