ICYMI: 11.28.22

Chinese shares in U.S. fall

Chinese shares listed in the U.S. dropped in premarket trading on Monday as protests flare up across China over its Zero Covid policies.

Tech layoffs jeopardize workers w/visas

Layoffs across the tech industry have compromised workers living in the US on H-1B visas. They can legally remain in the US for 60 days before finding new employment.

Tesla recalls cars in China

Tesla is recalling nearly 80,000 cars in China, citing issues with its software, seat belts, and battery-management system. 

Federal prosecutors target Russian assets

Federal prosecutors have issued subpoenas targeting Russian oligarchs’ assets in the U.S., such as real estate, cash accounts, and trust funds. Since February, Western authorities have frozen more than $330 billion in Russian assets.