Trump's plan to charge $100,000 for new H-1B visas is met with dismay by CEOs who want the world's top talent [Fortune]
Krispy Kreme, Inc. (DNUT)
Company Research
Source: Fortune
The markets: Mixed but calm. Plus: All the news and watercooler chat from Fortune Good morning. Elon Musk has noted that he is in the U.S. because of the H-1B visa. I came to the U.S. on one, too. So did Melania Trump. Odds are high that none of us would have been able to work here, had it cost our employers $100,000 a pop. Donald Trump's decision to dramatically raise the cost of this key visa for foreign workers caused chaos over the weekend , followed by mild relief that existing holders are exempt , but widespread confusion about what this means for business. “We're being inundated with member requests,” U.S. Chamber of Commerce CEO Suzanne Clark told me yesterday. “We're working with the Administration and our members to understand the full implications and the best path forward.” Tech and consulting giants will bear the brunt of this cost—Amazon alone would have had to pay more than $1 billion had that fee been charged for its visa holders—but thousands of smaller compani
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