WASHINGTON (Reuters) -The Trump administration on Tuesday released a proposal that would rework the H-1B visa selection process to favor higher-skilled and better-paid workers, according to a related Federal Register notice, a move that follows a White House proclamation on Friday introducing a $100,000 fee for the visas. The new process, if finalized, would give heavier weight to applications by...

09:56 AM EDT, 09/23/2025 (MT Newswires) -- NEO Battery Materials ( NBMFF ) Tuesday said it upsized its non-brokered private placement for aggregate gross proceeds of $4 million to approximately $5.5 million. The upsized offering will include the sale of up to 10.78 million units at $0.51 each. The company said that apart from the upsizing of the offering, all...

(Reuters) -Brazilian motor maker WEG will invest $77 million in a U.S. specialty transformer manufacturing facility, it said on Tuesday, seeking to increase the plant's production capacity by 50% as artificial intelligence fuels demand in the country. The investment in the Washington, Missouri, plant targets the production of transformers seen as essential to supporting the expansion of industrial manufacturing, data...

Advanced Drainage Systems, Inc. ( WMS ) shares are trading higher on Tuesday after the company announced it had signed a definitive agreement to purchase the water management unit of Norma Group SE, known as National Diversified Sales (NDS), for approximately $1 billion in cash. When accounting for expected tax benefits, the net purchase price comes to about $875 million....