Tag

Visa

All articles tagged with #visa

Judge Rules 75-Country Immigrant Visa Ban Illegal and Beyond Authority
politics2 days ago

Judge Rules 75-Country Immigrant Visa Ban Illegal and Beyond Authority

A Manhattan federal judge struck down the Trump administration’s 75-country immigrant visa ban as contrary to law and outside the State Department’s authority, ruling officers were ordered to deny visas from those countries even when applicants could support themselves. The policy halted permanent-residence visas for family- or job-based immigration from about 40% of nations and did not affect nonimmigrant visas. The court found the ban violated the 1965 law barring nationality discrimination and exceeded the secretary of state’s discretion; the administration can appeal, and both sides have until Sept. 11 to propose remedies for remaining issues. Plaintiffs included U.S. citizens and visa applicants blocked by the policy.

Ackman Bets Big on Financials: Visa, Mastercard, SPGI and ICE Among 6 New Bets
finance10 days ago

Ackman Bets Big on Financials: Visa, Mastercard, SPGI and ICE Among 6 New Bets

Pershing Square disclosed six new stock positions, four of them financials—Visa, Mastercard, S&P Global, and Intercontinental Exchange—alongside Netflix and Alcon. Ackman argues the four financials are “capital-light toll takers” with inflation-resilient, high-volume cash flows and valuable data/services, and notes a long track record with these names, making the six-position move a cautious tilt toward durable, long-term growth.

Ackman Overhauls Portfolio with Six New Holdings, Netflix Among the Bets
finance12 days ago

Ackman Overhauls Portfolio with Six New Holdings, Netflix Among the Bets

Bill Ackman disclosed six new investments for Pershing Square funds, including Netflix, Visa, Mastercard, Alcon, Intercontinental Exchange, and S&P Global, marking his biggest portfolio overhaul in years as he bets earnings growth will drive value. The moves will be held in his funds, including the newly listed Pershing Square USA, with 13F filings expected to reveal the changes; the shift comes amid a period of mixed performance for his vehicles but underscores his ongoing strategy of selective, high-conviction bets.

Visa bets on behavioral biometrics with $2.4B BioCatch acquisition
business22 days ago

Visa bets on behavioral biometrics with $2.4B BioCatch acquisition

Visa will acquire Tel Aviv-based fraud-detection startup BioCatch for $2.4 billion in cash from Permira and other investors, adding BioCatch’s behavioral biometrics to help detect fraud before payments. The deal expands Visa’s value-added services and cybersecurity offerings, with closing expected by the end of Visa’s fiscal Q2 2027 and subject to regulatory approval. BioCatch serves about 760 million users across roughly 350 banks, complementing Visa’s network of financial institutions.

ALS rumor debunked: 90 Day Fiancé couple pursues US visa to care for Jenny
entertainment28 days ago

ALS rumor debunked: 90 Day Fiancé couple pursues US visa to care for Jenny

Jenny Slatten confirms she isn’t hospitalized due to ALS and can still walk and speak in an Instagram update with Sumit Singh, who says they’re pursuing a US visa so he can care for her as her condition progresses; they’re based in India, and a GoFundMe has raised nearly $99K toward a $171.7K goal to cover medical expenses while they navigate visa challenges ahead of Jenny’s care needs.

Below Deck Med Star’s Detention Nightmare and Deportation: A Visa Wake-Up Call
entertainment29 days ago

Below Deck Med Star’s Detention Nightmare and Deportation: A Visa Wake-Up Call

Natalya Scudder, the Australian star of Below Deck: Mediterranean, recounts being detained at LAX and deported to Australia after authorities said she’d earned money on the wrong visa, describing a night in a dirty detention center with stained blankets, a shared loofah, no towels, and their taking her iPhone to review her data; she warns fellow creators to follow visa rules and be mindful of immigration processes.

US imposes four-year cap on student visas and tighter journalist limits
politics1 month ago

US imposes four-year cap on student visas and tighter journalist limits

The Department of Homeland Security issued a rule limiting nonimmigrant stays for international students and exchange visitors to four years and restricting foreign journalists to 240 days (90 days for Chinese nationals), with extensions requiring reapplication; the policy, effective 60 days after Federal Register publication, aims to improve monitoring but raises concerns it could deter study, research and international reporting.

JPMorgan Sets Record Quarter as Dimon Calls Markets Peak
business1 month ago

JPMorgan Sets Record Quarter as Dimon Calls Markets Peak

JPMorgan Chase posted a second-quarter record profit of $21.2 billion on $57 billion in revenue, aided by a $4.6 billion net gain from Visa shares and other equity investments. Strong equity trading and underwriting helped, and the firm raised full-year net interest income guidance to $96.6 billion. CEO Jamie Dimon said the banking environment is “close to as good as it gets” amid healthy consumer activity and high market volumes, while warning that geopolitical tensions and inflation could alter the outlook. The results kickoff what analysts expect to be another strong earnings season for big banks, supported by AI-related deal activity including SpaceX and Alphabet.

JPMorgan Sets US Banking Profit Record on Market Activity and One-Time Gains
business1 month ago

JPMorgan Sets US Banking Profit Record on Market Activity and One-Time Gains

JPMorgan Chase posted the highest quarterly profit by a US bank, with net income up 41% to $21.2 billion in Q2 and earnings of $7.70 per share (vs. $5.64 expected). Revenue climbed 28% to $57 billion. The results included a $4.6 billion net gain from selling Visa shares and about $1 billion in other equity gains; CEO Jamie Dimon cited a favorable environment and disciplined execution, while warning of macro risks like geopolitical tensions, inflation, and elevated asset prices.

Why MSFT, V, and AAPL Are July’s Forever Stock Picks
business1 month ago

Why MSFT, V, and AAPL Are July’s Forever Stock Picks

A July 2026 feature argues Microsoft, Visa, and Apple are durable, “forever” buys for long-term holders. Microsoft benefits from Azure growth and large-scale AI capex, Visa operates a steady “toll-booth” payments model with strong margins and ROE, and Apple leverages a vast installed base and high-margin Services. Each shows solid recent earnings signals, though risks exist (AI ROI clarity for Microsoft, regulatory/regulatory scrutiny for Apple, and ongoing payments regulation for Visa). The piece suggests July offers patient-entry points across different risk levels for investors aiming to hold these three into the distant future.

Open Standard unveils Open USD, a global stablecoin backed by Visa, Mastercard and Coinbase
business1 month ago

Open Standard unveils Open USD, a global stablecoin backed by Visa, Mastercard and Coinbase

A consortium led by Visa, Mastercard and Coinbase launched the Open Standard network and a USD-pegged stablecoin called Open USD, aiming to scale stablecoins globally with open governance; the network has over 140 partners, and Open USD can be minted or redeemed at no cost with no volume limits, while earnings from the token’s reserves are shared among partners minus a management fee, with a launch expected later this year.