Business & Economics

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US Halts PERM Green-Card Filings for 8 Tech Giants, Oct 8 2026

On 8 Oct 2026 the Labor Department, backed by VP JD Vance, froze all new and pending PERM labor-certification (first-step green card) applications from Microsoft, Adobe, Capgemini, Cognizant, Infosys, TCS, Wipro and HCLTech pending fraud investigations.

Samsung to Break 100-Trillion-Won Profit Barrier in Q3 2026

Analysts peg Samsung’s July–Sept 2026 operating profit at ₩108.1 trn (≈US$80 bn), nine times last year’s level and the first time any Korean firm tops ₩100 trn in a single quarter, ahead of preliminary guidance due Thursday.

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