As companies seek to close growing gaps in skills and talent,

Deloitte US CEO Jason Garzatus believes it's important for organizations to understand their baseline of skills.

There's so many organizations that can't ask and answer the fundamental questions about how much computer science or data management skills do I have or AI development skills in a given domain?

By performing a skills inventory, leaders can truly understand where their efforts should be focused.

Being blind to those gaps is the real miss.

Visit Deloitte.com to learn how your enterprise can help successfully cultivate talent.

President Trump demolishes part of the White House for his new ballroom,

plus how new tech, including Spider-Man-esque nets, could keep drones at bay.

And we look at why the stiffest competition facing luxury brands is the stuff they've already sold.

The second on luxury market has become too big for brands to ignore.

They're growing much faster than for new products.

It's Tuesday, October 21st.

I'm Caitlin McCabe for the Wall Street Journal, and here is the AM edition of What's News. The top headlines and business stories moving your world today.

President Trump's $100,000 H-1B visa fee will now only apply to new visa applicants living outside the country.

The new guidance was published yesterday explaining employers will need to pay the fee after their new hires visa is approved, allowing them to move to the U.S.

Previously, the White House had said the fee would apply to all new visa applicants, except those who work for companies or industries that have secured a special waiver.

According to government statistics, more than half of the 141,000 new

H-1B visas issued in 2024 went to immigrants who were already in the U.S. on a different type of visa.

We are exclusively reporting that the Treasury Department has instructed employees not to share

photos of construction work on the new White House ballroom.

This, after photos of demolition of parts of the East Wing's facade, went viral.

Treasury's headquarters is located next to the East Wing, giving staff a front row seat.

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