Business – A Roundup of Significant Articles on ForeignAffairs.co.nz for May 21, 2025

Business: Here is a summary of significant articles published on ForeignAffairs.co.nz on May 21, 2025.

MIL-OSI USA: Warren, Reed Press Treasury and DOJ on North Korea’s $1.5 Billion Crypto Heist
US Senate News: Source: United States Senator for Rhode Island Jack Reed “In the wake of the Bybit hack, it is essential that the United States redouble its efforts to prevent North Korean crypto theft.” WASHINGTON, DC – Today, U.S. Senators Elizabeth Warren (D-MA), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, […]

MIL-OSI USA: Warren, Reed Press Treasury and DOJ on North Korea’s $1.5 Billion Crypto Heist
US Senate News: Source: United States Senator for Rhode Island Jack Reed “In the wake of the Bybit hack, it is essential that the United States redouble its efforts to prevent North Korean crypto theft.” WASHINGTON, DC – Today, U.S. Senators Elizabeth Warren (D-MA), Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee, […]

MIL-OSI USA: Senator Reverend Warnock Encourages Atlanta Business, Civic Leaders to Continue Putting Service Over Self in Remarks to Rotary Club of Atlanta
US Senate News: Source: United States Senator Reverend Raphael Warnock – Georgia Senator Reverend Warnock Encourages Atlanta Business, Civic Leaders to Continue Putting Service Over Self in Remarks to Rotary Club of Atlanta Senator Reverend Warnock encouraged over 100 Georgia business and civic leaders to continue living out their motto of “service above self” in […]

MIL-OSI USA: Virginia man charged with conspiracy in smuggling of Honduran unaccompanied alien child following ICE Las Cruces, federal partner investigation
Source: US Immigration and Customs Enforcement ALBUQUERQUE, N.M.- A Virginia man has been charged with conspiracy to transport an illegal alien after he arranged and paid for the smuggling of a 17-year-old Honduran unaccompanied alien child into the United States. The investigation was conducted by U.S. Immigration and Customs Enforcement in collaboration with federal and […]

MIL-OSI Australia: Bedshed pays penalties for allegedly misleading customers over NDIS endorsement
Source: Australian Ministers for Regional Development Bedding retailer Bedshed Franchising Pty Ltd has paid $39,600 in penalties after the ACCC issued it with two infringement notices for allegedly making false or misleading representations to consumers through advertising that suggested certain products it sold had been evaluated or approved by the National Disability Insurance Scheme (NDIS). […]

MIL-OSI Security: Arizona Mechanic Sentenced to Prison, Must Repay $1.37 Million for Defrauding Missouri Customer, Others
Source: Office of United States Attorneys ST. LOUIS – U.S. District Judge Sarah E. Pitlyk on Tuesday sentenced a purported auto mechanic from Arizona to 33 Months in Prison and ordered him to repay $1.37 million to his fraud victims. Beginning in November 2019, Andres “Manny” Lopez, 37, defrauded customers of his Arizona company, All […]

MIL-OSI New Zealand: Budget 2025 – Greenpeace braced for ‘scorched earth’ budget from Govt
Source: Greenpeace With the Government set to release its Budget tomorrow, Greenpeace is calling for bold investment in climate and nature, but is bracing for the worst. “Given that this Government just legalised killing kiwi, we’re bracing for a Scorched Earth Budget,” says Greenpeace Aotearoa spokesperson Gen Toop. Greenpeace has been critical of the Luxon-led Government’s anti-environment […]

MIL-Evening Report: Starvation of Gaza – a distressing continuation of a decades-old plan
SPECIAL REPORT: By Jeremy Rose Reading an NBC News report a couple of days ago about a Trump administration plan to relocate 1 million Gazans to Libya reminded me of a conversation between the legendary Warsaw Ghetto leader Marek Edelman and fellow fighter and survivor Simcha Rotem that took place more than quarter of a […]

MIL-OSI Security: Lexington Attorney Agrees to Plead Guilty to Embezzling More Than $3 Million From Companies and Relatives
Source: Office of United States Attorneys Defendant allegedly embezzled hundreds of thousands of dollars from relatives with disabilities BOSTON – A Lexington, Mass. attorney has been charged and agreed to plead guilty in connection with alleged schemes to defraud Massachusetts victims, including two of his own relatives. David Smerling, 75, has agreed to plead guilty […]

MIL-OSI Russia: Yuri Trutnev held a meeting of the co-chairs of the Intergovernmental Russian-Chinese Commission on Cooperation and Development of the Russian Far East and the Northeast of China
Translation. Region: Russian Federal Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article. Yuri Trutnev held a meeting of the co-chairs of the Intergovernmental Russian-Chinese Commission on Cooperation and Development of the Russian Far East and the Northeast of China May 20, 2025 Yuri Trutnev held a […]

MIL-OSI Russia: Financial news: On holding auctions on May 21, 2025 to place OFZ issue No. 26239RMFS and issue No. 26246RMFS
Translation. Region: Russian Federal Source: Moscow Exchange – Moscow Exchange – For bidders We inform you that, based on the letter of the Bank of Russia and in accordance with Part I. General Part and Part II. Stock Market Section of the Rules for Conducting Trading on the Stock Market, Deposit Market and Credit Market […]

MIL-OSI USA: 30 Transformational Projects Announced in the Capital Region
Source: US State of New York overnor Kathy Hochul today announced awards for a total of 30 transformational projects for the Capital Region as part of two economic development programs: the Downtown Revitalization Initiative and NY Forward. Thirteen projects were announced for Lake George, the Round 7 winner of a $10 million DRI award; 11 […]

MIL-OSI Russia: Kingdom of the Netherlands–The Netherlands: Staff Concluding Statement of the 2025 Article IV Mission
Source: IMF – News in Russian May 20, 2025 A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF’s Articles of Agreement, […]

MIL-OSI: Partners Value Investments Inc. Announces Q1 2025 Interim Results
Source: GlobeNewswire (MIL-OSI) TORONTO, May 20, 2025 (GLOBE NEWSWIRE) — Partners Value Investments Inc. (the “Company”, TSX: PVF.WT, PVF.PR.V, PVF.A) announced today its financial results for the three months ended March 31, 2025. All amounts are stated in U.S. dollars. The Company recorded net income of $972 million for the three months ended March 31, […]

MIL-OSI: Partners Value Investments L.P. Announces Q1 2025 Interim Results
Source: GlobeNewswire (MIL-OSI) TORONTO, May 20, 2025 (GLOBE NEWSWIRE) — Partners Value Investments L.P. (the “Partnership”, TSX: PVF.UN TSX:PVF.PR.U) announced today its financial results for the three months ended March 31, 2025. All amounts are stated in U.S. dollars. The Partnership recorded net income of $24.6 million for the three months ended March 31, 2025, […]

MIL-OSI: Columbia Graduate School of Business in Conjunction With Gabelli Funds Selects Jennifer A. Wallace 2025 Recipient of Graham & Dodd, Murray, Greenwald Prize
Source: GlobeNewswire (MIL-OSI) GREENWICH, Conn., May 20, 2025 (GLOBE NEWSWIRE) — Gabelli Funds announces Jennifer A. Wallace as the 2025 recipient of the Graham & Dodd, Murray, Greenwald Prize for Value Investing. She was presented with the Prize at the firm’s fortieth client conference on Friday, May 16th in New York.   In announcing Jennifer Wallace […]

MIL-OSI USA: Kaptur, Khanna, Luna, And Biggs Introduce Bill To Codify Trump’s Executive Order To Lower Prescription Drug Costs
Source: United States House of Representatives – Congresswoman Marcy Kaptur (OH-09) Washington, DC — Representatives Marcy Kaptur (OH-09), Ro Khanna (CA-17), Anna Paulina Luna (FL-13), and Andy Biggs (AZ-05) introduced the bipartisan Global Fairness in Drug Pricing Act to codify the core provisions of President Trump’s Executive Order into law — ensuring lasting, enforceable reform that […]

MIL-OSI USA: Ernst Names Small Business of the Week, The Quilted Forest
US Senate News: Source: United States Senator Joni Ernst (R-IA) RED OAK, Iowa – U.S. Senator Joni Ernst (R-Iowa), Chair of the Senate Small Business Committee, today announced her Small Business of the Week: The Quilted Forest of Winnebago County. Throughout the 119th Congress, Chair Ernst plans to recognize a small business in every one of Iowa’s 99 counties. […]

MIL-Evening Report: Spotify continues to change music. What’s next – will AI musicians replace music made by humans?
Source: The Conversation (Au and NZ) – By John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra Spotify was started, according to its official claims, because its founders “love music and piracy was killing it”. In Mood Machine, music journalist Liz Pelly argues this is rewriting history. In fact, she […]

MIL-OSI: First Busey Corporation Closes Depositary Share Offering
Source: GlobeNewswire (MIL-OSI) LEAWOOD, Kan., May 20, 2025 (GLOBE NEWSWIRE) — First Busey Corporation (“Busey”) (Nasdaq: BUSE), the holding company for Busey Bank and CrossFirst Bank, today announced the closing of its previously announced underwritten public offering of 8,600,000 depositary shares (inclusive of 600,000 depositary shares offered in connection with the partial exercise of the […]