Business: Here is a summary of significant articles published on ForeignAffairs.co.nz on June 10, 2025.
MIL-OSI New Zealand: Universities – Economists urge action to prevent ‘AI poverty traps’ – UoA
Source: University of Auckland (UoA) Artificial intelligence could deepen inequality and create ‘AI-poverty traps’ in developing nations, write economists Dr Asha Sundaram and Dr Dennis Wesselbaum in their paper ‘Economic development reloaded: the AI revolution in developing nations’. Sundaram, an associate professor at the University of Auckland Business School, and Wesselbaum, an associate professor at […]
MIL-OSI China: China takes multiple measures to support college graduates’ employment
Source: People’s Republic of China – State Council News BEIJING, June 9 — China’s education authority and universities have taken various measures to support the employment of this year’s college graduates. In March, the Ministry of Education launched a special campaign to encourage college graduates to actively pursue job opportunities, aiming to accelerate the employment […]
MIL-OSI: CORRECTION — Payden & Rygel
Source: GlobeNewswire (MIL-OSI) LOS ANGELES, June 09, 2025 (GLOBE NEWSWIRE) — In a release issued earlier today by Payden & Rygel, please note we have corrected the proper name of the Payden & Rygel municipal bond team in the headline, as well as the first and second paragraphs. The corrected release follows: Default ahead for California? […]
MIL-OSI: MediPharm Labs’ Founder-CEO Pat McCutcheon Throws his Support behind Apollo Capital as Dissident
Source: GlobeNewswire (MIL-OSI) McCutcheon Agrees with Apollo that Urgent Change is Needed, including Complete Turnover at the Board Level after Years of Value-Destruction Apollo Capital Announces Filing of Circular Addendum toReflect McCutcheon’s Endorsement SHAREHOLDERS ARE URGED TO VOTE THE GOLD CARD “FOR” APOLLO CAPITAL’S SIX DIRECTOR NOMINEES AND NOT VOTE MEDIPHARM’s GREEN CARD TORONTO, June […]
MIL-OSI USA: Ernst Names Small Business of the Week, Northwood Foods
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: Northwood Foods of Worth County. Throughout the 119th Congress, Chair Ernst plans to recognize a small business in every one of Iowa’s 99 counties. “Built […]
MIL-OSI: Five Star Bank expands Bay Area presence with new office in Walnut Creek
Source: GlobeNewswire (MIL-OSI) RANCHO CORDOVA, Calif., June 09, 2025 (GLOBE NEWSWIRE) — Five Star Bancorp (Nasdaq: FSBC) (“Five Star” or the “Company”), a holding company that operates through its wholly owned banking subsidiary, Five Star Bank, today announced the planned opening of its newest office in Walnut Creek, marking a significant expansion of its Bay […]
MIL-OSI New Zealand: Legislation introduced to restrict farm-to-forest conversions
Source: New Zealand Government Today Agriculture and Forestry Minister Todd McClay introduced long awaited legislation that will put a stop to large-scale farm-to-forestry conversions – delivering on a key election promise to protect the future of New Zealand food production.“For too long, productive sheep and beef farms have been replaced by pine trees in the […]
MIL-OSI Security: Five Men Plead Guilty for Their Roles in Global Digital Asset Investment Scam Conspiracy Resulting in Theft of More than $36.9 Million from Victims
Source: United States Attorneys General 7 Five men have pleaded guilty for their roles in laundering more than $36.9 million from victims of an international digital asset investment scam conspiracy that was carried out from scam centers in Cambodia. According to court documents, Joseph Wong, 33, of Alhambra, California; Yicheng Zhang, 39, of China; Jose […]
MIL-OSI USA: Five Men Plead Guilty for Their Roles in Global Digital Asset Investment Scam Conspiracy Resulting in Theft of More than $36.9 Million from Victims
Source: US State of California Five men have pleaded guilty for their roles in laundering more than $36.9 million from victims of an international digital asset investment scam conspiracy that was carried out from scam centers in Cambodia. According to court documents, Joseph Wong, 33, of Alhambra, California; Yicheng Zhang, 39, of China; Jose Somarriba, […]
MIL-OSI Security: Former state worker pleads guilty in scheme to steal nearly $900,000 in state tax dollars
Source: Office of United States Attorneys Defendant abused role as credit card custodian to embezzle money he then failed to report on his income taxes Tacoma – A 48-year-old Olympia resident pleaded guilty today in U.S. District Court in Tacoma to wire fraud in connection with his scheme to steal nearly $900,000 from his former […]
MIL-OSI Security: Former President of Allentown Title Company Pleads Guilty to Defrauding Title Insurance Underwriter, Clients, and U.S. Government
Source: Office of United States Attorneys PHILADELPHIA – United States Attorney David Metcalf announced that Louis Belletieri, 43, of Allentown, Pennsylvania, entered a plea of guilty today before United States District Judge Jeffrey L. Schmehl on two counts of wire fraud, charges arising from his scheme to defraud a title insurance underwriter and clients and […]
MIL-OSI Security: Founder of Sexual Wellness Company “OneTaste” and Former Head of Sales Convicted of Forced Labor Conspiracy
Source: Office of United States Attorneys Defendants Nicole Daedone and Rachel Cherwitz Used Deception and Abuse to Obtain Their Victims’ Labor and Services Earlier today, in federal court in Brooklyn, a federal jury convicted Nicole Daedone, the founder and former Chief Executive Officer of OneTaste, Inc. (OneTaste), a sexual wellness education company, and Rachel Cherwitz, […]
MIL-OSI USA: Hickenlooper, Schmitt Introduce Bipartisan Bill to Create Defense Tech Hubs, Boost National Security
US Senate News: Source: United States Senator John Hickenlooper – Colorado Colorado would be a prime location for a Defense Tech Hub WASHINGTON – Today, U.S. Senators John Hickenlooper and Eric Schmitt introduced the bipartisan Defense Technology Hubs Act, which would spur defense innovation and investment across 10 regions, including states like Colorado, to modernize […]
MIL-OSI USA: Trump Accounts Will Chart the Path to Prosperity for a Generation of American Kids
US Senate News: Source: US Whitehouse Today, President Donald J. Trump joined top business leaders and lawmakers to hail the creation of “Trump Accounts” — a provision in the One Big Beautiful Bill that will create tax-deferred investment accounts for all newborn American children. Trump Accounts, which will be seeded with a one-time government contribution […]
MIL-OSI United Kingdom: UK to become world leader in drug discovery as Technology Secretary heads for London Tech Week
Source: United Kingdom – Executive Government & Departments Press release UK to become world leader in drug discovery as Technology Secretary heads for London Tech Week New project to make the UK a leader in AI-drug discovery, as Imperial College also partners with the World Economic Forum on AI-Driven Innovation Centre. New OpenBind consortium to make the […]
MIL-OSI: FARMERS AND MERCHANTS BANCSHARES, INC. DECLARES CASH DIVIDEND OF $0.34 PER SHARE
Source: GlobeNewswire (MIL-OSI) HAMPSTEAD, Md., June 09, 2025 (GLOBE NEWSWIRE) — On June 9, 2025, the Board of Directors of Farmers and Merchants Bancshares, Inc., the parent of Farmers and Merchants Bank, declared a cash dividend on the common stock of $0.34 per share, which will be paid on July 25, 2025 to stockholders of […]
MIL-OSI: ETC Announces Fiscal 2025 Full Year and Fourth Quarter Results
Source: GlobeNewswire (MIL-OSI) SOUTHAMPTON, Pa., June 09, 2025 (GLOBE NEWSWIRE) — Environmental Tectonics Corporation (OTC Pink: ETCC) (“ETC” or the “Company”) today reported its financial results for the fourteen week period ended February 28, 2025 (the “2025 fiscal fourth quarter”) and the fifty-three week period ended February 28, 2025 (“fiscal 2025”). Robert L. Laurent, Jr., […]
MIL-OSI: CEA Industries Enters Canadian Vape Market with Completion of Fat Panda Acquisition
Source: GlobeNewswire (MIL-OSI) Closes Acquisition of Leading Vape Operator with 33 Locations and Over 50% Market Share in Central Canada Adds High-Margin, CAD $38.5 Million Revenue Platform to Accelerate Growth and Drive Shareholder Value Conference Call Scheduled for June 11, 2025 at 4:30pm ET to Review the Supporting Investor Presentation on the CEA Industries Website […]
MIL-Evening Report: Some economists have called for a radical ‘global wealth tax’ on billionaires. How would that work?
Source: The Conversation (Au and NZ) – By Venkat Narayanan, Senior Lecturer – Accounting and Tax, RMIT University Rudy Balasko/Shutterstock Earlier this year, I attended a housing conference in Sydney. The event’s opening address centred on the way Australia seems to be becoming like 18th-century England – a country where inheritance largely determines one’s opportunities […]
MIL-OSI USA: Hickenlooper, Bennet Statement on Secretary Lutnick’s Senate Testimony
US Senate News: Source: United States Senator John Hickenlooper – Colorado WASHINGTON – Today, U.S. Senators John Hickenlooper and Michael Bennet released the following statement following the congressional testimony from Commerce Secretary Howard Lutnick: “Colorado, and the rest of the country, worked for years to create and prepare programs to expand broadband access under the […]