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    SUNNYVALE (CBS SF) – A Sunnyvale man has been sentenced to federal prison and ordered to pay more than $500,000 after admitting to a H-1B visa fraud scam. According to acting U.S. Attorney Stephanie Hinds’ office, 49-year-old Kishore Kumar Kavuru received a 15 month sentence after pleading guilty to one count of visa fraud. READ MORE: Deep Sea Mystery; Researchers Recover Ancient Mammoth Tusk Off Central CoastProsecutors said that Kavuru was the owner, operator and CEO of four different staffing companies that claimed to specialize in obtaining H-1B visas for skilled foreign workers and placing them in tech companies. The H-1B program allows employers to temporarily hire skilled foreign workers on a nonimmigrant basis. In his plea agreement, Kavuru admitted to submitting more than 100 H-1B visa applications that falsely described available job positions and falsely stated the workers were to be placed at those companies. He also admitted that he required workers seeking visas to pay him thousands of dollars to prepare and submit their applications, which is against Department of Labor regulations. READ MORE: UPDATE: Shaken Holiday Shoppers...
    Posted on September 7, 2021, at 1:56 PM The initiative started with good intentions and it largely fulfilled its objectives. The partial unemployment plan, put in place by the Australian government at the outbreak of the epidemic, aims to prevent the outbreak of layoffs by paying employees $ 3,000 (approximately 8 1,870) a month. they. To benefit, it is enough for companies to predict a 30% revenue drop in the next six months and a 50% return for those with more than $ 1 billion in revenue. Thus, unemployment rose slightly and then fell very quickly. In addition to the state, this made it possible to maintain high levels of consumption, despite the change in salt (ில்லியன் 61 billion). 14% of the beneficiaries are companies The problem is that some of the companies that have benefited from the device have either escaped their own pessimistic predictions or improved their performance during the crisis. About 200,000 of them, or 14%, benefited from the corporate employment system. They received a total of nearly eight billion euros. Figures released following the nomination of...
    BEIJING (AP) — Internet giant Tencent was ordered by regulators to end exclusive contracts with music copyright holders, adding to increased enforcement of anti-monopoly and other rules as Beijing tightens control over booming online industries. Tencent controls more than 80% of “exclusive music library resources” following its 2016 acquisition of China Music Group, the State Administration for Market Regulation said Saturday. It said that gives Tencent the ability to get better terms than competitors receive or to limit the ability of rivals to enter the market. Tencent Holdings Ltd., best known abroad for its WeChat messaging service, has a sprawling business empire that includes games, music and video. It is among the world’s 10 most valuable publicly traded companies, with a stock market value of $680 billion. In order to “restore market competition,” Tencent must end exclusive music copyright contracts within 30 days, the market regulator said in a statement. The company is barred from requiring providers to give better terms than competitors receive. Tencent promised on its social media account to “conscientiously abide by the decision.” Regulators are stepping...
    COLLIN COUNTY (CBSDFW.COM) — A McKinney man who ran a Ponzi scheme has been sentenced to 5 years in federal prison and ordered to pay $13 million in restitution to his victims. Patrick Howard – owner of Insured Liquidity Partners CGF I, Insured Liquidity Partners CGF II, and Capital Ventures, LLC – pleaded guilty to securities fraud in November 2020. He was sentenced on May 20 and taken into custody immediately after the hearing. READ MORE: Border Patrol Finds 30 Migrants In Human Smuggling Stash House, More In Hotel And SUV In plea papers, Howard admitted to running a Ponzi-type scheme, recruiting more than 100 investors to purchase $13 million in membership units for $50,000 apiece. His companies promised investors 12% annual returns, paid quarterly, and “insured liquidity.” READ MORE: Veterans Call Out Ted Cruz After Senator Says U.S. Army Ad Shows "Woke, Emasculated Military" But instead of properly investing the money, the companies issued phony account statements and paid any investors who elected to receive their earnings quarterly out of the investments of later investors, rather than out of the...
    SACRAMENTO, Calif. (AP/CBS13) — Auto insurers shortchanged California drivers on refunds ordered last year as crash rates and injuries dropped during the coronavirus pandemic, the state’s insurance regulator said Thursday. Traffic plummeted after California Gov. Gavin Newsom imposed the nation’s first stay-home order a year ago to slow the spread of the coronavirus. But insurers said dangerous driving trends have worsened even as the number of miles driven declined. READ MORE: Pres. Biden Outlining Plan To Have All Adults Vaccine-Eligible By May 1 Collisions dropped by 55% and injuries and deaths from traffic accidents fell 53% in the week after Newsom’s order, University of California, Davis, researchers found. Schools and most nonessential businesses closed for months and millions of employees lost their jobs or started working from home, leaving once-clogged highways virtually traffic-free even in famously crowded Los Angeles and San Francisco. “Millions did your part, stayed home” and drivers now deserve lower insurance costs “as long as they continue to drive less and our roads are safer as a result,” California Insurance Commissioner Ricardo Lara said in a video as he...
    SACRAMENTO (AP) — Auto insurers shortchanged California drivers on refunds ordered last year as crashes dropped during the coronavirus pandemic, the state’s insurance regulator said Thursday. Traffic plummeted after California imposed the nation’s first stay-home order a year ago to slow the spread of the coronavirus. But insurers said dangerous driving trends have worsened even as the number of miles driven declined. READ MORE: San Francisco Supervisor Ahsha Safai Has Car Broken Into In Front Of City Hall Collisions dropped by 55% and injuries and deaths from traffic accidents fell 53% in the week after Gov. Gavin Newsom’s order, University of California, Davis, researchers found. Schools and most nonessential businesses closed for months and millions of employees lost their jobs or started working from home, leaving once-clogged highways virtually traffic-free even in famously crowded Los Angeles and San Francisco. An empty Interstate 280 in San Francisco on March 26, 2020. (Justin Sullivan/Getty Images) “Millions did your part, stayed home” and drivers now deserve lower insurance costs “as long as they continue to drive less and our roads are safer as a...
    (Reuters) - Bristol-Myers Squibb Co and Sanofi SA were ordered by a U.S. judge on Monday to pay more than $834 million to the state of Hawaii for failing to properly warn non-white patients of health risks from its blood thinner Plavix. The companies had failed to change the drug's label to warn doctors and patients despite knowing some of the risks for more than a decade, U.S. District Judge Dean Ochiai in Honolulu wrote in the ruling. Bristol-Myers and Sanofi, which produce Plavix in a partnership, said in a joint statement the decision was not supported by the overwhelming body of scientific evidence and vowed to appeal. "The penalties awarded by the court are wholly unsupported, particularly given that the State of Hawaii provided no evidence that even a single person has been harmed by Plavix," the companies said. Ochiai, who issued the ruling following a four-week trial conducted entirely over Zoom without a jury, awarded $1,000 in damages for every Plavix prescription filled in Hawaii between 1998 and 2010. Hawaii alleged that the companies violated state consumer protection laws by marketing Plavix without disclosing...
    Uber and Lyft were ordered by California’s court of appeals to classify their drivers as employees. In a 74-page opinion, the court affirmed the injunction that was issued on August 10th requiring Uber and Lyft to classify their drivers as employees within 30 days. But it’s unlikely this ruling will go into effect before California voters weigh in on a ballot measure, Prop 22, that would exempt Uber, Lyft and other gig economy companies from the state law making it more difficult to classify workers as independent contractors. The injunction won’t go into effect until 30 days after the appeals ruling The injunction won’t go into effect until 30 days after the appeals ruling. Still, it’s a sign that Uber and Lyft have a lot riding on the passage of Prop 22. The companies, along with DoorDash and other gig economy companies, are spending $186 million to win over the electorate. Nonetheless, public officials and driver groups celebrated the court ruling. “This is a huge victory for drivers,” the pro-Prop 22 Gig Workers Rising said in a...
    Wolves – Newcastle: How to watch, start time, stream link, odds, prediction Coxinha, churros and more of the worlds best fried foods Uber, Lyft Ordered to Comply With California Labor Law (Bloomberg) -- Uber Technologies Inc. and Lyft Inc. face the gravest threat yet to their business models after an appeals court ruled they must treat their drivers in California as employees instead of independent contractors. © Bloomberg Lyft Inc. and Uber Technologies Inc. signage are displayed on the windshield of a vehicle at Los Angeles International Airport (LAX) in Los Angeles, California, U.S., on Wednesday, Sept. 11, 2019. Uber Technologies Inc. drivers in California sued the company for violating a new state law they say is specifically designed to end Uber's practice of classifying the drivers as independent contractors, rather than employees. The bombshell decision Thursday comes less than two weeks before an election in which the ride-hailing companies are counting on voters to approve a statewide ballot measure that would partially exempt them from the labor law at issue in the legal fight. Load Error The...
    By MARCY GORDON, AP Business Writer WASHINGTON (AP) — The GOP push against Facebook and Twitter accelerated Thursday after Republican senators threatened the CEOs of the social media companies with subpoenas to force them to address accusations of censorship in the closing weeks of the presidential campaign. With Democrats boycotting the hearing, the Republican-controlled Senate Judiciary Committee voted to authorize the legal orders if Facebook's Mark Zuckerberg and Twitter's Jack Dorsey did not agree to testify voluntarily. The committee wants to hear from them about "the suppression and/or censorship of two news articles from the New York Post,” according to the subpoena document. Senators also want information from the executives about their companies’ policies for moderating content “that may interfere” with federal elections. A Facebook spokesperson declined comment. Twitter representatives didn't immediately respond to a request for comment. Facebook and Twitter acted last week to limit the online dissemination and sharing of an unverified political story from the conservative-leaning New York Post that targeted Democratic presidential nominee Joe Biden. The story, which other publications have not confirmed, cited unverified emails...
    WASHINGTON – The GOP push against Facebook and Twitter accelerated Thursday after Republican senators threatened the CEOs of the social media companies with subpoenas to force them to address accusations of censorship in the closing weeks of the presidential campaign. With Democrats boycotting the hearing, the Republican-controlled Senate Judiciary Committee voted to authorize the legal orders if Facebook's Mark Zuckerberg and Twitter's Jack Dorsey did not agree to testify voluntarily. The committee wants to hear from them about "the suppression and/or censorship of two news articles from the New York Post,” according to the subpoena document. Senators also want information from the executives about their companies’ policies for moderating content “that may interfere” with federal elections. A Facebook spokesperson declined comment. Twitter representatives didn't immediately respond to a request for comment. Facebook and Twitter acted last week to limit the online dissemination and sharing of an unverified political story from the conservative-leaning New York Post that targeted Democratic presidential nominee Joe Biden. The story, which other publications have not confirmed, cited unverified emails from Biden’s son Hunter that were...
    A California judge ruled that Uber and Lyft must classify their drivers as employees in a stunning preliminary injunction issued Monday afternoon. The injunction is stayed for 10 days, however, giving Uber and Lyft an opportunity to appeal the decision. Uber said it planned to file an immediate emergency appeal to block the ruling from going into effect. Uber and Lyft are under increasing pressure to fundamentally alter their business models in California, the state where both companies were founded and ultimately prospered. At issue is the classification of ride-hailing drivers as independent contractors. Uber and Lyft say drivers prefer the flexibility of working as freelancers, while labor unions and elected officials contend this deprives them of traditional benefits like health insurance and workers’ compensation. Uber said it planned to file an immediate emergency appeal In May, California Attorney General Xavier Becerra, along with city attorneys of Los Angeles, San Francisco, and San Diego, sued the companies, arguing that their drivers were misclassified as independent contractors when they should be employees under the state’s AB5 law that went...
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