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  • MIL-OSI USA: At Hearing, Military Leaders Confirm to Warren that DoD is Writing a Blank Check to Deploy Troops for Immigration Enforcement

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren

    February 13, 2025

    Warren: “When DOD has been tasked with doing DHS’s job, it has cost taxpayers a lot more money.”

    Warren: “I’m concerned that we’re going to see the same problem that we saw the last time: big costs and little transparency and accountability.” 

    Video of Exchange (YouTube) 

    Washington, D.C. – At a hearing of the Senate Armed Services Committee (SASC), U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of the SASC Subcommittee on Personnel, questioned General Gregory M. Guillot of the U.S. Air Force, Commander of the United States Northern Command (NORTHCOM) and North American Aerospace Defense Command, and Admiral Alvin Holsey of the U.S. Navy, Commander of the United States Southern Command (SOUTHCOM), about the cost, readiness, morale, and national security impacts of deploying American troops to patrol the Southern border and to help detain migrants at Guantanamo Bay. 

    Upon taking office, President Trump ordered NORTHCOM to “seal” the southern border and directed SOUTHCOM to expand Guantanamo’s Migrant Operations Center (MOC) to a capacity of 30,000. Yet, when the Pentagon has been tasked with leading operations typically done by the Department of Homeland Security, taxpayers pay much more. 

    Senator Warren pointed to two examples: it costs 3 times more to deport migrants on military aircraft than civilian planes used by Immigration and Customs Enforcement (ICE), and has cost ICE at least 5 times more per detention bed to hold migrants at the Guantanamo naval base than at facilities in the U.S.

    Admiral Holsey confirmed that the Pentagon does not have a cost estimate for these immigration operations, though DoD is supposed to consider costs before deploying troops. Admiral Holsey committed to providing an estimate to Congress as soon as possible and to inform the committee if he determines that the operations are not militarily effective.

    A 2021 Government Accountability Office report found DoD cost estimates for border deployments were “unreliable” and excluded “significant costs.” Four years later, the DoD has still not implemented any of the GAO’s recommendations to make those cost estimates more accurate. General Guillot said he “assume(d)” that underestimating those costs would put future missions and readiness at risk.  

    Senator Warren also highlighted the potential impact of these deployments on troop morale. 

    “Many Texas National Guard members who deployed to the southern border have felt isolated, without purpose, and some have even committed suicide. I think it is important that we have better oversight over these plans and that we make these plans conform to the law,” said Senator Warren

    Senator Warren explained that “political stunts like this” can have serious implications for the military’s budget, readiness, and morale. The goal of this stunt appears to be to feign toughness by militarizing immigration enforcement — even if it means ballooning costs for the Pentagon and damaging readiness and morale for our servicemembers.

    Transcript: Hearing “To receive testimony on the posture of United States Northern Command and United States Southern Command in review of the Defense Authorization Request for Fiscal Year 2026 and the Future Years Defense Program.” 
    Senate Armed Services Committee
    February 13, 2025 

    Senator Elizabeth Warren: Thank you, Mr. Chairman. So, the Trump Administration is sending troops to the southern border and holding immigrants at Guantanamo — redirecting active-duty military personnel from critical missions, and costing taxpayers several times more than when DHS does the same job. That seems to be bad for national security, bad for our military families, and bad for America’s bottom line.

    We’ve seen this before. When the first Trump Administration deployed troops to the border, it pegged the cost at $1 billion over 3 years. But the GAO found that the Department of Defense estimates were “not reliable” and excluded “significant costs.” DOD reports to Congress missed more than half the actual total cost for entire fiscal years. So GAO made 7 detailed recommendations for the Department of Defense to improve its cost estimates, but four years later, the Department of Defense has not executed a single one. Now, DOD estimates that this new border deployment will cost almost $1 billion over just the next 8 months, but that may be another underestimate. 

    General Guillot, you are overseeing the border deployment. Does underestimating the costs of an operation put future missions and future readiness at risk? 

    General Guillot, U.S. Air Force, Commander of the United States Northern Command: Senator, I would assume so, but I think I need to point out that NORTHCOM has not appropriated funds for the Southwest border, and we’ve never had reprogramming or pass through funding. This is all done through the Department Comptroller and the services. 

    Senator Warren: I appreciate that, but I’m asking the question about running past the limits and the consequences of that. Because the money has to come from somewhere and I’m concerned that we’re going to see the same problem that we saw the last time: big costs and little transparency and accountability. 

    When DOD has been tasked with doing DHS’s job, it has cost taxpayers a lot more money. It costs 3 times more to deport migrants on military aircraft than civilian planes that ICE often uses, and has cost ICE at least 5 times more per detention bed to hold migrants at Guantanamo naval base than at facilities in the United States. 

    Any time civilian authorities ask DOD for help, DOD is supposed to evaluate the request based on six criteria, including cost. But we don’t even have a cost estimate for the new Guantanamo operations.

    So, Admiral Holsey, what do you expect the budgetary cost of SOUTHCOM’s Guantanamo operations will be through the end of this fiscal year? 

    Admiral Holsey, U.S. Navy, Commander of the United States Southern Command: Senator, we’re new into the process right now. We have assets down there to start building up a camp. It is a phased approach, so it’s not automatically going up to 30,000 – 

    Senator Warren: So you’re telling me you actually don’t know the cost yet? 

    Admiral Holsey: Not at this point, Ma’am. 

    Senator Warren: Not at this point. So the decision to deploy DoD personnel and assets was made without knowing the cost, which is exactly what DoD is supposed to consider in making the decision to deploy. Will you at least commit to provide that estimate to Congress as soon as you have it? 

    Admiral Holsey: Yes, Senator. I will work with OSD and DoD to get that to you. 

    Senator Warren: Alright. I will hold you to that. I’m relying on you both also to tell us if DOD blows past whatever estimates you give us. Given the potentially astronomical costs, will you commit to informing this committee if you determine that these operations are not militarily effective?

    Admiral Holsey: Yes, Senator. 

    Senator Warren: Alright. You know, we also need to know if the operations are having an unmanageable impact on readiness or morale. Political stunts like this can easily damage troops morale. Many Texas National Guard members who deployed to the southern border have felt isolated, without purpose, and some have even committed suicide. I think it is important that we have better oversight over these plans and that we make these plans conform to the law. Thank you, Mr. Chairman. 

    MIL OSI USA News

  • MIL-OSI USA: Warren, Bonamici Renew Fight Against Misinformation in Pregnancy Care

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren

    February 13, 2025

    Bill Text (PDF) 

    Washington, D.C. – U.S. Senator Elizabeth Warren (D-Mass.) and Representative Suzanne Bonamici (D-Ore.) reintroduced the Stop Anti-Abortion Disinformation (SAD) Act, to crack down on attempts by crisis pregnancy centers (CPCs) to deceive and misinform women seeking reproductive health care. 

    Senators Edward Markey (D-MA), Jeff Merkley (D-Ore.), Patty Murray (D-Wash.), Bernie Sanders (I-Vt.), Peter Welch (D-Vt.), Richard Blumenthal (D-Conn.), Cory Booker (D-N.J.), Catherine Cortez Masto, (D-Nev.), Richard Durbin, (D-Ill.), Mazie Hirono (D-HI) and Ron Wyden (D-Ore.) joined as co-sponsors. 

    CPCs routinely rely on deceptive advertising practices to trick pregnant women into thinking they offer comprehensive reproductive health care, only to discourage them from getting abortions. These deceptive tactics include making false claims about reproductive health care and lying about the risks of receiving an abortion or using certain forms of contraception. CPCs, which are generally not Health Insurance Portability and Accountability Act (HIPAA)-covered entities, have been found to falsely claim to be HIPPA-compliant in order to collect women’s sensitive health information and in some cases even disclose that data to law enforcement. 

    Nationwide, false advertising by CPCs is preventing women from getting the reproductive health care they need. The SAD Act would direct the Federal Trade Commission (FTC) to prescribe rules prohibiting disinformation in the advertising of abortion services. It would also give the Federal Trade Commission authority to enforce these rules and collect penalties from organizations, including CPCs, that violate these rules. 

    Senator Warren and Representative Bonamici first introduced this bill in the 117th Congress. 

    “Fighting back against misinformation and deceptive practices is an important tool to protect access to safe and reliable reproductive care. Reproductive rights are under attack in our country. This bill will help us push back against crisis pregnancy centers’ attempts to undermine a woman’s right to choose,” said Senator Warren.

    “Crisis pregnancy centers further their own anti-choice agenda by taking advantage of people seeking reproductive care,” said Congresswoman Suzanne Bonamici. “Tragically, when CPCs provide false and misleading information about abortion and contraception, patients do not get necessary medical care. The Stop Anti-Abortion Disinformation (SAD) Act will put an end to these unfair and deceptive practices so pregnant Americans can access comprehensive, science-based reproductive care.”

    “Crisis pregnancy centers rely on predatory practices to spread deceptive, misleading information and dissuade patients from receiving necessary health care. Patients deserve objective medical guidance from professionals—not inaccurate, stigmatizing, and even life-threatening information. The Stop Anti-Abortion Disinformation Act stops these centers from interfering with patient care and ensures that patients are receiving all of the information they need to make the best decisions for their health,” said Senator Blumenthal.

    “It is critical that patients seeking reproductive care are given accurate medical advice from a trusted doctor, and not preyed on with misinformation from anti-abortion organizations posing as ‘crisis pregnancy centers,’” said Senator Booker. “This legislation will protect women seeking reproductive health care, including abortion care, from fraudulent clinics and predatory lies.”

    “When women seek reproductive health care, they should be able to trust that their provider is offering comprehensive, factual information.  Efforts by crisis pregnancy centers, many of which use half-truths and false advertising to mislead women about their options, undermine the reproductive rights of women,” said Senator Durbin. “I’m joining Senator Warren and Congresswoman Maloney to crack down on the deceptive practices of crisis pregnancy centers.”

    “Women who need reproductive care need certified, comprehensive health care providers with medical expertise to ensure they can make an informed decision about their health care,” said Senator Cortez Masto. “Crisis pregnancy centers intentionally confuse vulnerable women in a way that can put their health in danger.”

    “As Republicans cut away at access to reproductive care and amplify health disinformation, it is more important than ever to demand the truth. The Stop Anti-Abortion Disinformation Act is crucial for stopping peddlers of mis-and-disinformation in their tracks, so they do not continue to mislead, lie, and scare people from getting the care they need. Abortion care is health care, and every American should be able to access this care safely,” said Senator Markey.

    “MAGA Republicans are on a crusade to destroy reproductive rights nationwide by spewing misinformation and pushing deceptive practices that undermine access to vital reproductive services,” said Senator Merkley. “We need to get politicians and pundits out of the exam room. Our bill ensures that crisis pregnancy centers across the country will not be able to mislead or lie to Americans seeking reproductive health care, including abortion care.”

    “So-called ‘crisis pregnancy centers,’ propped up by anti-choice extremists, are notorious for misleading women about the services they provide and lying to them about their options for evidence-based reproductive health care. CPCs have also been known to deliberately deceive women into thinking their private health information is protected when it’s not, since they aren’t bound by HIPAA like real health care providers,” said Senator Murray. “As Republican state legislatures continue to funnel taxpayer money to these unaccountable anti-abortion centers, it’s more important than ever that Congress cracks down on their deceptive practices–that’s what this legislation is about.”

    “With reproductive rights constantly under threat, it’s vital that people can access reliable and trustworthy abortion care. These people are preying on pregnant women with misinformation and blatant lies about abortion. It’s wrong, and it’s why Vermont passed legislation to hold them accountable for their lies,” said Senator Welch. “Our bicameral legislation follows Vermont’s lead and requires accountability for engaging in deceptive practices that undermine reproductive rights.”

    “In a post-Roe world, it’s more important than ever that women everywhere have accurate information on which to base their reproductive care decisions,” Senator Wyden said. “Deceptive ‘crisis pregnancy centers’ target vulnerable patients who are looking for medical providers they can trust with their health, safety, and wellbeing and, instead, intercept them with false, harmful misinformation. ‘Crisis pregnancy centers’ must be stopped.

    “The unchecked spread of disinformation about reproductive health continues to endanger patients. This must end. 

    This bill will help stop crisis pregnancy centers from spreading deceptive advertising about abortion, and work to guarantee that everyone can get the accurate information and quality care they need and deserve. Planned Parenthood Action Fund is grateful to Sen. Warren and Reps. Bonamici and Sykes for re-introducing the Stop Anti-Abortion Disinformation Act and for their continued leadership in the fight to protect sexual and reproductive health care and rights. It’s time to end the manipulative tactics of these fake clinics so that all patients can control their own bodies, lives, and futures,” said Alexis McGill Johnson, president and CEO, Planned Parenthood Action Fund

    As a practicing OBGYN, I know firsthand how important it is that pregnant people have access to accurate information so that they can make important decisions about their care and lives without bias, stigma or shame,” said Dr. Raegan McDonald-Mosley, Power to Decide CEO and practicing OB-GYN. “We urge Congress to pass the ‘SAD Act’ so that every person has access to medically accurate information and the power to decide their reproductive futures.

    MIL OSI USA News

  • MIL-OSI USA: WATCH: Senator Reverend Warnock Secures Commitment from Fed Chair to Report to Congress If Musk-Led DOGE Attempts to Access Protected Systems or Undermine Agency’s Independence

    US Senate News:

    Source: United States Senator Reverend Raphael Warnock – Georgia

    WATCH: Senator Reverend Warnock Secures Commitment from Fed Chair to Report to Congress If Musk-Led DOGE Attempts to Access Protected Systems or Undermine Agency’s Independence

     Senator Reverend Warnock secured a commitment from Federal Reserve Chair Jerome Powell, to report to Congress if the Department of Government Efficiency (DOGE) attempts to undermine the agency’s independence

    The commitment came during the Federal Reserve’s semi-annual Monetary Policy Report to Congress during a Wednesday’s Senate Banking committee hearing

    Senator Reverend Warnock’s questioning underscored concern around the recent reports of DOGE accessing several federal agencies’ privileged information

    During the hearing, Senator Reverend Warnock also highlighted the recent news of the dissolution of the Consumer Financial Protection Bureau

    Senator Reverend Warnock on DOGE: “Thousands of Georgians, of all political stripes, have written into my office, and they are alarmed by an unelected billionaire and his hackster’s dangerous and illegal attempts to access American private data”

    Senator Reverend Warnock on CFPB: “Certainly the bureau (CFPB) was not created to be dismantled. Since its inception, the CFPB has been the only federal agency solely dedicated to protecting Americans’ wallets and pocketbooks from scammers, predatory companies, and financial services”

    Watch Senator Reverend Warnock at Thursday’s hearing HERE

    Washington, D.C. – Today, U.S. Senator Reverend Raphael Warnock (D-GA), a member of the Banking Committee, secured a commitment from Chair of the Federal Reserve, Jerome Powell, promising to report back to Congress and specifically, the Senate Banking committee, if he learned of any attempt by the Department of Government Efficiency (DOGE) to access the Federal Reserve’s protected systems or any attempt to undermine the agency’s independence. 

    “Will you commit to report to this committee, majority and minority, immediately, should you become aware of any such attempt by Elon Musk or DOGE to pierce the Fed’s (Federal Reserve) independence or access protected systems?” asked Senator Reverend Warnock.

    “Yes,” said Chair Jerome Powell.

    The line of questioning came as there have been reports that several agencies have been accessed by DOGE, namely the Department of Treasury. Additionally, Senator Warnock addressed the shuttering of the Consumer Financial Protection Bureau (CFPB). Last congress, Senator Warnock chaired the Banking subcommittee that had jurisdiction over CFPB.

    “Since its inception, the CFPB has been the only federal agency solely dedicated to protecting Americans’ wallets and pocketbooks from scammers, predatory companies, and financial services. The CFPB reduced costs for Americans, returning more than $21 billion to Americans who had been cheated, since its inception. I want to focus on that as folks are talking about chasing after waste and fraud and abuse,” said Senator Reverend Warnock.

    The hearing marked the first of the Semiannual Monetary Policy Reports to Congress from the Federal Reserve this Congress, which are written reports to Congress containing discussions of “the conduct of monetary policy and economic developments and prospects for the future.”

    Watch the Senator’s full remarks and line of questioning HERE. 

    See below transcript of the key exchange between Senator Warnock and Federal Reserve Chair Jerome Powell:

    Senator Reverend Warnock (SRW): “I want to echo the words of ranking member Warren and so many of my colleagues today on DOGE and project 2025’s illegal attack on the Consumer Protection Financial Bureau, certainly the bureau was not created to be dismantled.”

    “Since its inception, the CFPB has been the only federal agency solely dedicated to protecting Americans’ wallets and pocketbooks from scammers, predatory companies, and financial services. The CFPB reduced costs for Americans, returning more than $21 billion to Americans who had been cheated, since its inception. I want to focus on that as folks are talking about chasing after waste and fraud and abuse.”

    “The CFPB has returned more than $21 billion to Americans.” 

    “Make no mistake, this attack on the CFPB will increase costs for Americans and give the green light to fraudsters and predatory actors seeking to cheat hard-working Americans.”

    “Chairman Powell, thousands of Georgians of all political stripes have written into my office, and they are alarmed by an unelected billionaire and his hackster’s dangerous and illegal attempts to access American private data, and the Treasury Department systems that control six trillion dollars in annual payments to millions of American citizens, including social security, Medicare, and tax refunds. 

    “Has Elon Musk or members of his team, to your knowledge, attempted to access the Fed’s protected data and systems?”

    Chair of the Federal Reserve, Jerome Powel (JP): “I don’t believe.”

    SRW: “Will you commit to report to this committee, majority and minority, immediately should you become aware of any such attempt by Elon Musk or DOGE to pierce the Fed’s independence or access protected systems?

    JP: “Yes.”

    MIL OSI USA News

  • MIL-OSI United Nations: Syria: Thousands of displaced head home, but many refugees still wary

    Source: United Nations 2

    Humanitarian Aid

    More than 825,000 people who were displaced within Syria have returned to their areas of origin since December, the UN humanitarian affairs office, OCHA, said on Thursday. 

    The development comes as a recent survey of Syrian refugees in the region reveals that some 75 per cent of respondents have no plans to go back anytime soon.

    OCHA said movements out of displacement camps in Syria remain limited, with some 80,000 people departing from sites in the northwest since December and roughly 300 others leaving the Areesha camp in the northeast this past Tuesday.

    Nearly two million people remain displaced in the northwest, and many are living in overcrowded sites and fragile tents.  Among them are more than 615,000 who remain newly displaced across the country since fleeing their homes after 27 November.

    The date marked the start of a major offensive by opposition fighters against the Syrian Army and forces loyal to the Assad regime, which was overthrown some 10 days later.

    Winter weather support

    The UN and partners continue to provide assistance as conditions and funding allow, including winter aid to northern Syria, where the weather is particularly harsh at this time of the year.

    Partners have carried out emergency repairs of roads and sewage systems that were affected by past flooding in the northwest, while nine markets are currently being rehabilitated near displacement camps

    Since December, more than 260,000 children in Idleb and northern Aleppo have been supported with heaters, winter clothes and other aid, OCHA said.  Winter kits were also distributed to 500 children in Qamishli, in Al-Hasakeh governorate.

    Illnesses and infections on the rise

    During the same period, health partners have deployed mobile medical teams, provided mental health support, and reinforced facilities with heating and insulation, reaching 800,000 people in the northwest.

    They warn, however, of a significant rise in influenza-like illnesses and severe acute respiratory infections, which are causing further strain to the underfunded health sector. More than 100 health facilities in the northwest are out of funds since the start of the year.

    Humanitarians also sounded the alarm over the shortfall in funding for their operations to support 6.7 million Syrians through March.  Less than 10 per cent of the $1.2 billion needed has been received to date.

    Refugees return home

    Meanwhile, more than 270,000 Syrian refugees have returned home since early December, according to the UN refugee agency, UNHCR.

    A recent UNHCR survey of Syrian refugees across the region found that 27 per cent of respondents intend to return home within the next 12 months, compared to just 1.7 per cent prior to the fall of the Assad regime.

    The results show, however, that roughly three-quarters of Syrian refugees have no plans to go home in the next year and are instead waiting to see how the situation evolves.

    Currently 5.5 million Syrian refugees are living in Türkiye, Lebanon, Jordan, Iraq and Egypt.

    Factors affecting return

    The reasons why Syrian refugees are reluctant to return range from the lack of housing or access to their properties, concern over the security situation, the disruption to basic services, and economic challenges including a lack of jobs.

    UNHCR and partners are providing returnees and others in need with basic household items, repairs to damaged homes, emergency cash assistance, support to replace lost identity documents and psychological counselling, among other services.

    The agency is appealing for greater support from the international community to meet the immense needs. 

    MIL OSI United Nations News

  • MIL-OSI New Zealand: SH1 Greenlane Interchange closed to southbound traffic

    Source: New Zealand Transport Agency

    |

    NZ Transport Agency Waka Kotahi (NZTA) advises all southbound lanes on State Highway 1 at the Greenlane Interchange are closed due to a serious crash.

    Motorists are asked to delay their journeys, where possible, consider alternate routes and expect delays and diversions. Traffic is heavy around the Greenlane Interchange and NZ Police expect the closure to be in place for at least two hours, while the Serious Crash Unit investigates.

    Auckland through-traffic should use the Western Ring Route to travel south, from SH1 to State Highway 18 at Albany, left to State Highway 16 through Westgate and right to the State Highway 20 Southbound Waterview Tunnel to continue south from the SH1/SH20 link in Manukau.

    The Greenlane southbound on-ramp remains open, as do all northbound lanes.

    People are encouraged to visit the Journey Planner website (journeys.nzta.govt.nz(external link)) for up to date information on the closure and detour route before they travel.

    NZTA thanks everyone for their patience.

    Tags

    MIL OSI New Zealand News

  • MIL-OSI USA: Gov. Pillen Congratulates Brooke Rollins on Confirmation as U.S. Ag Secretary

    Source: US State of Nebraska

    . Pillen Congratulates Brooke Rollins on Confirmation as U.S. Ag Secretary

     

    LINCOLN, NE – Today, Governor Jim Pillen extended his congratulations to Brooke Rollins on her overwhelming confirmation as the new secretary of agriculture.  The U.S. Senate confirmed President Donald J. Trump’s selection to head the USDA on a vote of 72-28. Gov. Pillen issued the following statement:

    “I’ve had the opportunity to meet with Sec. Rollins. I know that she will be a strong representative at the federal level  on issues related to ensuring our nation’s food supply, creating new export markets, and meeting the needs of our nation’s farmers and ranchers.  I’ve extended an invitation to Sec. Rollins so she can see first-hand how we utilize our natural resources, innovative technologies and strong work ethic to propel Nebraska to be a top ag producer. I look forward to the time when we can make that visit happen.”

    MIL OSI USA News

  • MIL-OSI USA: Attention teens and young people – if you do your taxes, you might get money back

    Source: US State of Oregon

    ax season is here and there may be good reasons to file a tax return even for people who aren’t required to file, which is the case for many young people.

    Young people who work often don’t end up filing a tax return. They may not meet the income threshold requiring them to file a return. Or they be under the misconception that their parents file for them because they are a dependent. Also, they may find tax forms confusing and worry about making a mistake.

    In most cases, young people should file a return to report their income and get any excess withholding refunded.

    Through an ODHS pilot program last year at seven urban, rural and suburban high schools in Oregon, students met after school and prepared their own tax returns using IRS-approved software. A teacher-facilitator helped them access the software on the IRS website and answered their questions about forms and terms. Students in the pilot received refunds of their state and federal tax withholding between $95 and $1,246.

    “The high school pilot really opened our eyes as to the need for this help. Many students didn’t even know they could file. They thought their parents did it for them. And once they logged into the software, they worked through it easily. Some of the refund amounts – over $1000 in several cases – really surprised me,” Meg Reinhold, J.D., ODHS Senior Data and Performance Analyst, Tax Infrastructure Program Coordinator, said. Learn more about the Infrastructure Program below.

    No matter how old someone is, finding ways to file a tax return for free is easy. The Oregon Department of Revenue’s website lists many ways to file for free or to get free help: https://www.oregon.gov/dor/programs/individuals/Pages/get-free-tax-help.aspx.

    And it isn’t too late to file returns from prior years to get withholding back from those years too. Many software programs now help individuals prepare and file their tax returns from previous years.

    Where to get free help filing taxes

    The Oregon Department of Human Services Tax Infrastructure Grant Program was created by HB 4117 (2022). The program is funded with $8 million General Fund per biennium. Grants fund culturally relevant and culturally specific organizations, Tribal governments, and rural community organizations to support tax credit education and free tax return preparation for individuals with low incomes. Funding is also used to support and increase the number of certified tax preparers in the state.

    MIL OSI USA News

  • MIL-OSI Security: U.S. Marshals Lone Star Fugitive Task Force Capture a Triple Play Rounding Up 3 Capital Murder Suspects

    Source: US Marshals Service

    Austin, TX – Members of the U.S. Marshals (USMS) Lone Star Fugitive Task Force (LSFTF) continued their work of making Austin neighborhoods safer by apprehending three capital murder suspects on Wednesday.

    The Austin Police Department (APD) requested assistance from the LSFTF to locate and apprehend three suspects sought on capital murder charges from an incident that occurred May 4, 2024, in the 1800 block of Colony Creek Drive in Austin, where a male victim was located lying face down from an apparent gunshot wound. 

    The APD Homicide Unit investigated the incident and identified three suspects who allegedly conspired and acted with one another to commit the murder. 

    On Feb. 7, the Homicide Unit obtained warrants on three suspects in the City of Austin Municipal Court and requested assistance from the LSFTF – Austin Division to locate and apprehend the three suspects who were last known to reside in the city. 

    Members of the LSFTF continued investigative efforts with the Austin Police Department Tactical Intelligence Unit that led to the apprehension of three suspects, who were considered armed and dangerous. 

    Aden Munoz, Aka, “Jermiah”, 18, of Austin, was arrested on in the 1900 block of Hearthside Drive in Austin.

    Bethany Libby, Aka, “Sista Grace”, 37, of Austin, was arrested in the 7900 block of San Felipe Boulevard in Austin.

    Michael Carter, Aka, “Kujo”, 23, of Austin, was arrested in the 900 block of Bedford Street in Austin. 

    All suspects have been transported and transferred to the Austin Police Department.

    Members of the Lone Star Fugitive Task Force in Austin:

    Austin Police Department-Tactical Intelligence Unit
    Georgetown, Round Rock, and San Marcos Police Departments
    Caldwell, Hays, Travis, and Williamson County Sheriff’s Offices
    Texas Attorney General’s Office
    Texas Department of Criminal Justice OIG
    Texas Department of Public Safety
    U.S. Immigration & Customs Enforcement
    U.S. DHS/Homeland Security Investigations

    MIL Security OSI

  • MIL-OSI Security: FBI Los Angeles Field Office Warns of Romance Scams Ahead of Valentine’s Day

    Source: Federal Bureau of Investigation FBI Crime News (b)

    LOS ANGELES—The Federal Bureau of Investigation (FBI) is working to raise awareness about online romance scams, also called confidence fraud. In this type of fraud, scammers take advantage of people looking for romantic partners on dating websites, apps, or social media by obtaining access to their financial or personal identifying information. Romance scams are prevalent, especially during this time of year.

    Romance scams occur when a criminal uses a fake online identity to gain a victim’s affection and trust. These scammers are present on most dating and social media sites. They look to establish a relationship as quickly as possible and endear themselves to the victim. Many may propose marriage and make plans to meet in person. Eventually, they will ask for money.

    “Confidence fraud, or romance scams, can happen to anyone at any time. The criminals who carry out romance scams are experts at what they do” said Akil Davis, Assistant Director in Charge of the FBI Los Angeles Field Office. “Individuals who are looking for love and companionship are the target victims of this online fraud. The FBI cautions everyone who may be romantically involved with a person online to proceed carefully and stay alert to warning signs. If you suspect an online relationship is a scam, stop all contact immediately.”

    To avoid meeting in person, romance scammers often claim to live or work in other parts of the country or world. Eventually, when they feel they have gained the trust of their victims, these criminals will request money from them, oftentimes for a medical emergency, an unexpected legal fee, or some other false purpose.

    Romance scams/confidence schemes have resulted in one of the highest amounts of financial losses when compared to other Internet-facilitated crimes. According to the FBI’s Internet Crime Complaint Center, roughly 18,000 victims reported nearly $700,000,000 in losses in 2023, the most recent statistical year available.

    That same year, over 2000 victims in California reported more than $100,000,000 in losses.

    While anyone can fall victim to these schemes, bad actors are known to target women over age 40 who are widowed, divorced, elderly, or disabled.

    If you develop a relationship with someone you meet online, please consider the following tips and beware of the red flags:

    • Research the person’s photo and profile using online searches to see if the image, name, or details have been used elsewhere.
    • Beware if the individual seems too perfect or quickly asks you to leave a dating service or social media site to go “offline.”
    • The individual professes love quickly.
    • The individual tries to isolate you from friends and family.
    • The individual makes plans to visit you, but always cancels because of some emergency. If you haven’t met the person after a few months, for whatever reason, you have good reason to be suspicious.
    • Go slowly and ask lots of questions.
    • Be careful what you post and make public online. Scammers can use details shared on social media and dating sites to better understand and target you.
    • Never send money to anyone you have only communicated with online or by phone.

    If you suspect an online relationship is a scam, stop all contact immediately. If you are the victim of a romance scam, file a complaint with the FBI’s Internet Crime Complaint Center (www.ic3.gov).

    Resources:

    MIL Security OSI

  • MIL-OSI: Diginex announces new AI functionality after winning Government recognition for AI-powered compliance innovation

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, Feb. 13, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex Limited” or the “Company”), a Cayman Islands-based impact technology company specializing in environmental, social, and governance (ESG) issues, today announced the development of new AI functionality which is expected to be built leveraging OpenAI’s platform. The Company anticipates that the deployment of this AI feature will contribute to revenue growth starting in 2025 by enhancing diginexESG‘s value proposition and driving increased customer adoption. The initial focus will be on helping companies comply with sustainability disclosure requirements set by the International Sustainability Standards Board (ISSB) and International Financial Reporting Standards (IFRS), which are increasingly being mandated for companies involved in global ESG reporting. These features will provide rapid data extraction, improved compliance, and enhanced risk assessment for users of the Company’s ESG SaaS reporting product, diginexESG.

    This AI functionality positions diginexESG to capture the growing demand for ESG reporting solutions – a market projected to reach between USD 1.5 billion and USD 4.35 billion by 2027, with an expected CAGR of 15.9% to 30% according to industry research from Verdantix – and is alongside the Company’s recent selection by the Financial Services and the Treasury Bureau (FSTB) of Hong Kong for the Green and Sustainable Fintech PoC program. The FSTB, which oversees financial and treasury policy for the Hong Kong SAR Government, launched this program to support innovative green fintech solutions with measurable environmental and financial impact. This builds on previous recognition where, in December 2023, the Hong Kong Monetary Authority, named Diginex as winner of the “Sustainability or Climate-related Disclosure and Reporting” category.

    The FSTB launched this program to accelerate the development and commercial adoption of green fintech solutions by technology firms and research institutions. “We are thrilled to receive this endorsement and support from FSTB, which underscores the importance of AI technology in addressing significant challenges within the ESG and sustainability industry,” said Mark Blick, Chief Executive Officer of Diginex Limited. “We will be accelerating our efforts to deliver innovative AI-powered functionality that will support companies with their ESG, Climate and Supply Chain data collection and reporting while improving efficiency and customer experience. We plan to collaborate closely with leading global financial institutions to introduce this new feature to their clients.”

    About Diginex Limited

    Diginex Limited is a Cayman Islands exempted company incorporated under the laws of the Cayman Islands in 2024, with subsidiaries located in Hong Kong, United Kingdom and United States of America. Diginex Limited conducts operations through its wholly owned subsidiary Diginex Solutions (HK) Limited, a Hong Kong corporation (“DSL”) and DSL is the sole owner of (i) Diginex Services Limited, a corporation formed in the United Kingdom and (ii) Diginex USA LLC, a limited liability company formed in the State of Delaware. DSL commenced operations in 2020, is headquartered in Hong Kong, and is a software company that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. DSL is an impact technology business that helps organizations to address the some of the most pressing ESG, climate and sustainability issues, utilizing blockchain, machine learning and data analysis technology to lead change and increase transparency in corporate social responsibility and climate action.

    Diginex’s products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. For more information, please visit the Company’s website: https://www.diginex.com/.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements, including, but not limited to, statements concerning the Company’s product offerings, business strategy, projections and future growth. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Company’s business strategy will be successful. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.

    For investor and media inquiries, please contact:

    Diginex
    Investor Relations
    Email:ir@diginex.com

    Jackson Lin
    Lambert by LLYC
    Phone: +1 (646) 717-4593
    Email: jian.lin@llyc.global

    The MIL Network

  • MIL-OSI: ConnectM Announces Receipt of Notice from Nasdaq That ConnectM has Regained Compliance with Nasdaq Rule

    Source: GlobeNewswire (MIL-OSI)

    MARLBOROUGH, Mass., Feb. 13, 2025 (GLOBE NEWSWIRE) — ConnectM Technology Solutions, Inc. (Nasdaq: CNTM) (“ConnectM” or the “Company”), a technology company focused on the electrification economy, had previously announced that on December 6, 2024, it received a notice from the Staff of the Listing Qualifications Department of Nasdaq stating that because the Company had not filed its Quarterly Report on Form 10-Q for the period ended September 30, 2024 (the “Third Quarter 10-Q”), it no longer complies with Nasdaq Listing Rule 5250(c)(1) (the “Rule”) for continued listing, which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission.

    ConnectM today announced that on January 31, 2025, the Staff notified ConnectM that, based on the Company’s December 16, 2024, filing of the Third Quarter 10-Q, Staff has determined that the Company complies with the Rule. Accordingly, the matter is now closed.  

    About ConnectM Technology Solutions, Inc.
    ConnectM is a pioneer in the electrification economy, integrating energy assets with its AI-driven technology platform. Focused on delivering solutions that drive efficiency, affordability, and sustainability, ConnectM serves home, facility, and fleet across three major segments: Building Electrification, Distributed Energy, and Transportation and Logistics. The company’s vertically integrated approach combines technology, service/distribution networks, and strategic partnerships to accelerate the transition to an all-electric energy economy.

    For more information, please visit: www.connectm.com. Stockholders looking to receive Company updates directly to their inbox should sign up here.  

    Cautionary Note Regarding Forward-Looking Statements
    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). We have based these forward-looking statements on our current expectations and projections about future events. All statements, other than statements of present or historical fact included in this press release, regarding our future financial performance and our strategy, expansion plans, future operations, future operating results, estimated revenues, losses, projected costs, prospects, plans and objectives of management are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “would,” “expect,” “plan,” “anticipate,” “intend,” “believe,” “estimate,” “continue,” “project” or the negative of such terms or other similar expressions. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. Except as otherwise required by applicable law, we disclaim any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. We caution you that the forward-looking statements contained herein are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. In addition, we caution you that the forward-looking statements regarding the Company contained in this press release are subject to the risks and uncertainties described in the “Cautionary Note Regarding Forward-Looking Statements” section of the Current Report on Form 8-K filed with the Securities and Exchange Commission on July 18, 2024. Such filing identifies and addresses other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and ConnectM is under no obligation to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

    Contact:
    Investor Relations
    Dave Gentry, CEO
    RedChip Companies, Inc.
    1-407-644-4256
    CNTM@redchip.com

    The MIL Network

  • MIL-OSI: Applied Materials Announces First Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    • Revenue $7.17 billion, up 7 percent year over year
    • GAAP gross margin 48.8 percent and non-GAAP gross margin 48.9 percent
    • GAAP operating margin 30.4 percent and non-GAAP operating margin 30.6 percent
    • GAAP EPS $1.45 and non-GAAP EPS $2.38, down 40 percent and up 12 percent year over year, respectively
    • Generated $925 million in cash from operations and distributed $1.64 billion to shareholders including $1.32 billion in share repurchases and $326 million in dividends

    SANTA CLARA, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) — Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its first quarter ended Jan. 26, 2025.

    “The industry drive to accelerate the development of advanced compute and more sophisticated AI is gaining momentum,” said Gary Dickerson, President and CEO. “Applied Materials is enabling the major device architecture inflections critical for energy-efficient AI and our focus on high-velocity co-innovation creates unique collaboration opportunities with our customers and partners, positioning Applied for continued growth and outperformance in the years to come.”

    “We delivered strong financial performance in the first fiscal quarter, with record revenue, gross margin expansion and robust shareholder distributions,” said Brice Hill, Senior Vice President and CFO. “ For the second fiscal quarter, we are encouraged by the trends supporting continued customer investments to enable leading-edge technology inflections, while also taking into account export control related headwinds.”

    Results Summary

      Q1 FY2025   Q1 FY2024   Change
      (In millions, except per share amounts and percentages)
    Net revenue $ 7,166     $ 6,707     7%
    Gross margin   48.8 %     47.8 %   1.0 point
    Operating margin   30.4 %     29.3 %   1.1 points
    Net income $ 1,185     $ 2,019     (41)%
    Diluted earnings per share $ 1.45     $ 2.41     (40)%
    Non-GAAP Results          
    Non-GAAP gross margin   48.9 %     47.9 %   1.0 point
    Non-GAAP operating margin   30.6 %     29.5 %   1.1 points
    Non-GAAP net income $ 1,946     $ 1,782     9%
    Non-GAAP diluted EPS $ 2.38     $ 2.13     12%
    Non-GAAP free cash flow $ 544     $ 2,096     (74)%
                       

    A reconciliation of the GAAP and non-GAAP results is provided in the financial tables included in this release. See also “Use of Non-GAAP Financial Measures” section.

    Impact of Singapore Tax Incentives

    As a result of new tax incentive agreements in Singapore in fiscal 2025, the company recorded a $644 million, or $0.79 per diluted share, income tax expense due to the remeasurement of deferred tax assets in Singapore.

    Business Outlook

    Applied’s total net revenue, non-GAAP gross margin and non-GAAP diluted EPS for the second quarter of fiscal 2025, including the estimated impact of recently announced U.S. export regulations, are expected to be approximately as follows:

      Q2 FY2025
    (In millions, except percentage and per share amounts)  
    Total net revenue $ 7,100   +/- $ 400  
    Non-GAAP gross margin   48.4 %    
    Non-GAAP diluted EPS $ 2.30   +/- $ 0.18  
                   

    This outlook for non-GAAP diluted EPS excludes known charges related to completed acquisitions of $0.01 per share and a gain on asset sale of $0.05 per share, and includes a net income tax benefit related to intra-entity intangible asset transfers of $0.04 per share, but does not reflect any items that are unknown at this time, such as any additional charges related to acquisitions or other non-operational or unusual items, as well as other tax-related items, which we are not able to predict without unreasonable efforts due to their inherent uncertainty.

    First Quarter Reportable Segment Information

    Semiconductor Systems Q1 FY2025   Q1 FY2024
      (In millions, except percentages)
    Net revenue $ 5,356     $ 4,909  
    Foundry, logic and other   68 %     62 %
    DRAM   28 %     34 %
    Flash memory   4 %     4 %
    Operating income $ 1,986     $ 1,744  
    Operating margin   37.1 %     35.5 %
    Non-GAAP Results    
    Non-GAAP operating income $ 1,998     $ 1,754  
    Non-GAAP operating margin   37.3 %     35.7 %
    Applied Global Services Q1 FY2025   Q1 FY2024
      (In millions, except percentages)
    Net revenue $ 1,594     $ 1,476  
    Operating income $ 447     $ 417  
    Operating margin   28.0 %     28.3 %
    Non-GAAP Results    
    Non-GAAP operating income $ 447     $ 417  
    Non-GAAP operating margin   28.0 %     28.3 %
    Display Q1 FY2025   Q1 FY2024
      (In millions, except percentages)
    Net revenue $ 183     $ 244  
    Operating income $ 14     $ 25  
    Operating margin   7.7 %     10.2 %
    Non-GAAP Results    
    Non-GAAP operating income $ 14     $ 25  
    Non-GAAP operating margin   7.7 %     10.2 %
    Corporate and Other Q1 FY2025   Q1 FY2024
      (In millions)
    Unallocated net revenue $ 33     $ 78  
    Unallocated cost of products sold and expenses   (305 )     (297 )
    Total $ (272 )   $ (219 )
                   

    Use of Non-GAAP Financial Measures

    Applied provides investors with certain non-GAAP financial measures, which are adjusted for the impact of certain costs, expenses, gains and losses, including certain items related to mergers and acquisitions; restructuring and severance charges and any associated adjustments; impairments of assets; gain or loss, dividends and impairments on strategic investments; certain income tax items and other discrete adjustments. On a non-GAAP basis, the tax effect related to share-based compensation is recognized ratably over the fiscal year. Reconciliations of these non-GAAP measures to the most directly comparable financial measures calculated and presented in accordance with GAAP are provided in the financial tables included in this release.

    Management uses these non-GAAP financial measures to evaluate the company’s operating and financial performance and for planning purposes, and as performance measures in its executive compensation program. Applied believes these measures enhance an overall understanding of its performance and investors’ ability to review the company’s business from the same perspective as the company’s management, and facilitate comparisons of this period’s results with prior periods on a consistent basis by excluding items that management does not believe are indicative of Applied’s ongoing operating performance. There are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with generally accepted accounting principles, may be different from non-GAAP financial measures used by other companies, and may exclude certain items that may have a material impact upon our reported financial results. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the directly comparable financial measures prepared in accordance with GAAP.

    Webcast Information

    Applied Materials will discuss these results during an earnings call that begins at 1:30 p.m. Pacific Time today. A live webcast and related slide presentation will be available at https://ir.appliedmaterials.com. A replay will be available on the website beginning at 5:00 p.m. Pacific Time today.

    Forward-Looking Statements
    This press release contains forward-looking statements, including those regarding anticipated growth and trends in our businesses and markets, industry outlooks and demand drivers, technology transitions, our business and financial performance and market share positions, our capital allocation and cash deployment strategies, our investment and growth strategies, our development of new products and technologies, our business outlook for the second quarter of fiscal 2025 and beyond, and other statements that are not historical facts. These statements and their underlying assumptions are subject to risks and uncertainties and are not guarantees of future performance. Factors that could cause actual results to differ materially from those expressed or implied by such statements include, without limitation: the level of demand for our products; global economic, political and industry conditions, including changes in interest rates and prices for goods and services; the implementation of additional export regulations and license requirements and their interpretation, and their impact on our ability to export products and provide services to customers and on our results of operations; global trade issues and changes in trade and export license policies and our ability to obtain licenses or authorizations on a timely basis, if at all; imposition of new or increases in tariffs and any retaliatory measures; the effects of geopolitical turmoil or conflicts; demand for semiconductor chips and electronic devices; customers’ technology and capacity requirements; the introduction of new and innovative technologies, and the timing of technology transitions; our ability to develop, deliver and support new products and technologies; our ability to meet customer demand, and our suppliers’ ability to meet our demand requirements; the concentrated nature of our customer base; our ability to expand our current markets, increase market share and develop new markets; market acceptance of existing and newly developed products; our ability to obtain and protect intellectual property rights in key technologies; cybersecurity incidents affecting our information systems or information contained in them, or affecting our operations, suppliers, customers or vendors; our ability to achieve the objectives of operational and strategic initiatives, align our resources and cost structure with business conditions, and attract, motivate and retain key employees; the effects of regional or global health epidemics; acquisitions, investments and divestitures; changes in income tax laws; the variability of operating expenses and results among products and segments, and our ability to accurately forecast future results, market conditions, customer requirements and business needs; our ability to ensure compliance with applicable law, rules and regulations and other risks and uncertainties described in our SEC filings, including our recent Forms 10-K and 8-K. All forward-looking statements are based on management’s current estimates, projections and assumptions, and we assume no obligation to update them.

    About Applied Materials

    Applied Materials, Inc. (Nasdaq: AMAT) is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Our expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality. At Applied Materials, our innovations make possible a better future. Learn more at www.appliedmaterials.com.

    Investor Relations Contact:
    Liz Morali (408) 986-7977
    liz_morali@amat.com 

    Media Contact:
    Ricky Gradwohl (408) 235-4676
    ricky_gradwohl@amat.com 

     
    APPLIED MATERIALS, INC.
    UNAUDITED CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS
       
      Three Months Ended
    (In millions, except per share amounts) January 26,
    2025
      January 28,
    2024
    Net revenue $ 7,166     $ 6,707  
    Cost of products sold   3,670       3,503  
    Gross profit   3,496       3,204  
    Operating expenses:      
    Research, development and engineering   859       754  
    Marketing and selling   206       207  
    General and administrative   256       276  
    Total operating expenses   1,321       1,237  
    Income from operations   2,175       1,967  
    Interest expense   64       59  
    Interest and other income (expense), net   8       395  
    Income before income taxes   2,119       2,303  
    Provision for income taxes   934       284  
    Net income $ 1,185     $ 2,019  
    Earnings per share:      
    Basic $ 1.46     $ 2.43  
    Diluted $ 1.45     $ 2.41  
    Weighted average number of shares:      
    Basic   814       831  
    Diluted   819       837  
                   
     
    APPLIED MATERIALS, INC.
    UNAUDITED CONSOLIDATED CONDENSED BALANCE SHEETS
           
    (In millions) January 26,
    2025
      October 27,
    2024
    ASSETS      
    Current assets:      
    Cash and cash equivalents $ 6,264     $ 8,022  
    Short-term investments   1,949       1,449  
    Accounts receivable, net   5,998       5,234  
    Inventories   5,501       5,421  
    Other current assets   982       1,094  
    Total current assets   20,694       21,220  
    Long-term investments   2,686       2,787  
    Property, plant and equipment, net   3,563       3,339  
    Goodwill   3,768       3,732  
    Purchased technology and other intangible assets, net   237       249  
    Deferred income taxes and other assets   2,390       3,082  
    Total assets $ 33,338     $ 34,409  
    LIABILITIES AND STOCKHOLDERS’ EQUITY      
    Current liabilities:      
    Short-term debt $ 799     $ 799  
    Accounts payable and accrued expenses   4,485       4,820  
    Contract liabilities   2,452       2,849  
    Total current liabilities   7,736       8,468  
    Long-term debt   5,461       5,460  
    Income taxes payable   684       670  
    Other liabilities   832       810  
    Total liabilities   14,713       15,408  
    Total stockholders’ equity   18,625       19,001  
    Total liabilities and stockholders’ equity $ 33,338     $ 34,409  
                   
     
    APPLIED MATERIALS, INC.
    UNAUDITED CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS
       
      Three Months Ended
    (In millions) January 26,
    2025
      January 28,
    2024
    Cash flows from operating activities:      
    Net income $ 1,185     $ 2,019  
    Adjustments required to reconcile net income to cash provided by operating activities:      
    Depreciation and amortization   105       91  
    Share-based compensation   195       170  
    Deferred income taxes   668       (72 )
    Other   95       (235 )
    Net change in operating assets and liabilities   (1,323 )     352  
    Cash provided by operating activities   925       2,325  
    Cash flows from investing activities:      
    Capital expenditures   (381 )     (229 )
    Cash paid for acquisitions, net of cash acquired   (28 )      
    Proceeds from sales and maturities of investments   1,223       531  
    Purchases of investments   (1,711 )     (749 )
    Cash used in investing activities   (897 )     (447 )
    Cash flows from financing activities:      
    Proceeds from issuance of commercial paper   200       100  
    Repayments of commercial paper   (200 )     (100 )
    Common stock repurchases   (1,318 )     (700 )
    Tax withholding payments for vested equity awards   (142 )     (192 )
    Payments of dividends to stockholders   (326 )     (266 )
    Repayments of principal on finance leases         1  
    Cash used in financing activities   (1,786 )     (1,157 )
    Increase (decrease) in cash, cash equivalents and restricted cash equivalents   (1,758 )     721  
    Cash, cash equivalents and restricted cash equivalents—beginning of period   8,113       6,233  
    Cash, cash equivalents and restricted cash equivalents — end of period $ 6,355     $ 6,954  
           
    Reconciliation of cash, cash equivalents, and restricted cash equivalents      
    Cash and cash equivalents $ 6,264     $ 6,854  
    Restricted cash equivalents included in deferred income taxes and other assets   91       100  
    Total cash, cash equivalents, and restricted cash equivalents $ 6,355     $ 6,954  
           
    Supplemental cash flow information:      
    Cash payments for income taxes $ 70     $ 139  
    Cash refunds from income taxes $ 70     $ 2  
    Cash payments for interest $ 52     $ 34  
                   

    Additional Information

      Q1 FY2025   Q1 FY2024
    Net Revenue by Geography (In millions)  
    United States $ 917     $ 759  
    % of Total   13 %     11 %
    Europe $ 330     $ 410  
    % of Total   4 %     6 %
    Japan $ 540     $ 565  
    % of Total   8 %     9 %
    Korea $ 1,667     $ 1,231  
    % of Total   23 %     18 %
    Taiwan $ 1,183     $ 559  
    % of Total   17 %     8 %
    Southeast Asia $ 286     $ 186  
    % of Total   4 %     3 %
    China $ 2,243     $ 2,997  
    % of Total   31 %     45 %
           
    Employees(In thousands)      
    Regular Full Time   36.0       34.5  
                   
     
    APPLIED MATERIALS, INC.
    UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP RESULTS
       
      Three Months Ended
    (In millions, except percentages) January 26,
    2025
      January 28,
    2024
    Non-GAAP Gross Profit      
    GAAP reported gross profit $ 3,496     $ 3,204  
    Certain items associated with acquisitions1   7       7  
    Non-GAAP gross profit $ 3,503     $ 3,211  
    Non-GAAP gross margin   48.9 %     47.9 %
    Non-GAAP Operating Income      
    GAAP reported operating income $ 2,175     $ 1,967  
    Certain items associated with acquisitions1   12       11  
    Acquisition integration and deal costs   3       3  
    Non-GAAP operating income $ 2,190     $ 1,981  
    Non-GAAP operating margin   30.6 %     29.5 %
    Non-GAAP Net Income      
    GAAP reported net income $ 1,185     $ 2,019  
    Certain items associated with acquisitions1   12       11  
    Acquisition integration and deal costs   3       3  
    Realized loss (gain), dividends and impairments on strategic investments, net   (9 )     (1 )
    Unrealized loss (gain) on strategic investments, net   106       (280 )
    Income tax effect of share-based compensation2   (10 )     (26 )
    Income tax effects related to intra-entity intangible asset transfers3   674       22  
    Resolution of prior years’ income tax filings and other tax items   (16 )     33  
    Income tax effect of non-GAAP adjustments4   1       1  
    Non-GAAP net income $ 1,946     $ 1,782  
    1 These items are incremental charges attributable to completed acquisitions, consisting of amortization of purchased intangible assets.
       
    2 GAAP basis tax benefit related to share-based compensation is recognized ratably over the fiscal year on a non-GAAP basis.
       
    3 Amount for the three months ended January 26, 2025, included changes to income tax provision of $30 million from amortization of intangibles and a $644 million remeasurement of deferred tax assets resulting from new tax incentive agreements in Singapore in fiscal 2025.
       
    4 Adjustment to provision for income taxes related to non-GAAP adjustments reflected in income before income taxes.
       
     
    APPLIED MATERIALS, INC.
    UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP RESULTS
       
      Three Months Ended
    (In millions, except per share amounts) January 26,
    2025
      January 28,
    2024
    Non-GAAP Earnings Per Diluted Share      
    GAAP reported earnings per diluted share $ 1.45     $ 2.41  
    Certain items associated with acquisitions   0.01       0.01  
    Realized loss (gain), dividends and impairments on strategic investments, net   (0.01 )      
    Unrealized loss (gain) on strategic investments, net   0.13       (0.33 )
    Income tax effect of share-based compensation   (0.01 )     (0.03 )
    Income tax effects related to intra-entity intangible asset transfers1   0.83       0.03  
    Resolution of prior years’ income tax filings and other tax items   (0.02 )     0.04  
    Non-GAAP earnings per diluted share $ 2.38     $ 2.13  
    Weighted average number of diluted shares   819       837  
    1 Amount for the three months ended January 26, 2025, included changes to income tax provision of $0.04 per diluted share from amortization of intangibles and $0.79 per diluted share from a remeasurement of deferred tax assets resulting from new tax incentive agreements in Singapore in fiscal 2025.
       
     
    APPLIED MATERIALS, INC.
    UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP RESULTS
       
      Three Months Ended
    (In millions, except percentages) January 26,
    2025
      January 28,
    2024
    Semiconductor Systems Non-GAAP Operating Income      
    GAAP reported operating income $ 1,986     $ 1,744  
    Certain items associated with acquisitions1   12       10  
    Non-GAAP operating income $ 1,998     $ 1,754  
    Non-GAAP operating margin   37.3 %     35.7 %
    Applied Global Services Non-GAAP Operating Income      
    GAAP reported operating income $ 447     $ 417  
    Non-GAAP operating income $ 447     $ 417  
    Non-GAAP operating margin   28.0 %     28.3 %
    Display Non-GAAP Operating Income      
    GAAP reported operating income $ 14     $ 25  
    Non-GAAP operating income $ 14     $ 25  
    Non-GAAP operating margin   7.7 %     10.2 %
    These items are incremental charges attributable to completed acquisitions, consisting of amortization of purchased intangible assets.
       

    Note: The reconciliation of GAAP and non-GAAP segment results above does not include certain revenues, costs of products sold and operating expenses that are reported within corporate and other and included in consolidated operating income.

     
    APPLIED MATERIALS, INC.
    UNAUDITED RECONCILIATION OF GAAP TO NON-GAAP EFFECTIVE INCOME TAX RATE
       
      Three Months Ended
    (In millions, except percentages) January 26, 2025
       
    GAAP provision for income taxes (a) $ 934  
    Income tax effect of share-based compensation   10  
    Income tax effects related to intra-entity intangible asset transfers   (674 )
    Resolutions of prior years’ income tax filings and other tax items   16  
    Income tax effect of non-GAAP adjustments   (1 )
    Non-GAAP provision for income taxes (b) $ 285  
       
    GAAP income before income taxes (c) $ 2,119  
    Certain items associated with acquisitions   12  
    Acquisition integration and deal costs   3  
    Realized loss (gain), dividends and impairments on strategic investments, net   (9 )
    Unrealized loss (gain) on strategic investments, net   106  
    Non-GAAP income before income taxes (d) $ 2,231  
       
    GAAP effective income tax rate (a/c)   44.1 %
       
    Non-GAAP effective income tax rate (b/d)   12.8 %
           
     
    UNAUDITED RECONCILIATION OF NON-GAAP FREE CASH FLOW
       
      Three Months Ended
    (In millions) January 26,
    2025
      January 28,
    2024
    Cash provided by operating activities $ 925     $ 2,325  
    Capital expenditures   (381 )     (229 )
    Non-GAAP free cash flow $ 544     $ 2,096  
                   

    The MIL Network

  • MIL-OSI: Freehold Royalties Declares Dividend for February 2025

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, Feb. 13, 2025 (GLOBE NEWSWIRE) — Freehold Royalties Ltd. (Freehold) (TSX: FRU) announces that its Board of Directors has declared a dividend of Cdn. $0.09 per common share to be paid on March 17, 2025 to shareholders of record on February 28, 2025.

    These dividends are designated as “eligible dividends” for Canadian income tax purposes.

    Freehold is uniquely positioned as a leading North American energy royalty company with approximately 6.1 million gross acres in Canada and approximately 1.2 million gross drilling acres in the United States. Freehold’s common shares trade on the Toronto Stock Exchange in Canada under the symbol FRU.

    The MIL Network

  • MIL-OSI: iPower Reports Fiscal Second Quarter 2025 Results

    Source: GlobeNewswire (MIL-OSI)

    Fiscal Q2 Revenue up 14% to $19.1 Million

    Achieves GAAP Profitability and Positive Cash Flow from Operations

    RANCHO CUCAMONGA, Calif., Feb. 13, 2025 (GLOBE NEWSWIRE) — iPower Inc. (Nasdaq: IPW) (“iPower” or the “Company”), a tech and data-driven ecommerce services provider and online retailer, today announced its financial results for the fiscal second quarter ended December 31, 2024.

    Fiscal Q2 2025 Results vs. Year-Ago Quarter

    • Total revenue increased 14% to $19.1 million.
    • Gross profit increased 15% to $8.4 million, with gross margin up 40 bps to 44.0%.
    • Net income attributable to iPower improved to $0.2 million or $0.01 per share, compared to net loss attributable to iPower of $1.9 million or $(0.06) per share.
    • As of December 31, 2024, total debt was reduced by 31% to $4.4 million compared to $6.3 million as of June 30, 2024.

    Management Commentary

    “We delivered strong results across all key financial metrics in our fiscal second quarter while further enhancing our SuperSuite platform,” said Lawrence Tan, CEO of iPower. “Throughout the quarter, we continued to optimize operations and strengthen our presence across both our established and emerging sales channels. We also remain focused on supply chain diversification by exploring new supplier relationships beyond our existing network, reinforcing our commitment to building a more resilient and adaptable infrastructure.”

    “Our SuperSuite platform is gaining further momentum as we leverage our superior supply chain, warehousing and merchandising expertise to drive sales growth for partners with innovative product catalogs. Additionally, we are making steady progress with our recently launched SaaS platform, refining its capabilities to improve supplier collaboration, streamline operations, and better align partners with evolving market demands. With a strong pipeline of prospective partners, we are well-positioned to capitalize on the growing demand for SuperSuite as we bolster our comprehensive service offerings.”

    iPower CFO, Kevin Vassily, added, “Our ongoing efforts to optimize our cost structure have delivered meaningful results as we continue to drive gross margin expansion and operating leverage in our business. We have also officially shuttered our legacy commercial hydroponics business, as we are now focused on our core competency as a data-driven, consumer products and services company. We believe these initiatives, coupled with our accelerating growth in our SuperSuite business, will enable us to execute on our goals ahead.”

    Fiscal Second Quarter 2025 Financial Results 

    Total revenue in the fiscal second quarter of 2025 increased 14% to $19.1 million compared to $16.8 million for the same period in fiscal 2024. The increase was driven primarily by growth in iPower’s SuperSuite supply chain offerings, as well as greater product sales to the Company’s largest channel partner.

    Gross profit in the fiscal second quarter of 2025 increased 15% to $8.4 million compared to $7.3 million in the same quarter in fiscal 2024. As a percentage of revenue, gross margin increased 40 basis points to 44.0% compared to 43.6% in the year-ago period. The increase in gross margin was primarily driven by improved pricing through key supplier negotiations.

    Total operating expenses in the fiscal second quarter of 2025 improved 22% to $7.7 million compared to $9.9 million for the same period in fiscal 2024. The decrease in operating expenses was driven primarily by lower selling and fulfillment expenses related to the Company’s largest channel partner.

    Net income attributable to iPower in the fiscal second quarter of 2025 improved to $0.2 million or $0.01 per share, compared to net loss attributable to iPower of $1.9 million or $(0.06) per share for the same period in fiscal 2024.

    Cash and cash equivalents were $2.9 million at December 31, 2024, compared to $7.4 million at June 30, 2024. As a result of the Company’s debt paydown, total debt was reduced by 31% to $4.4 million compared to $6.3 million as of June 30, 2024.

    Conference Call 

    The Company will hold a conference call today, February 13, 2025, at 4:30 p.m. Eastern Time to discuss its results for the fiscal second quarter ended December 31, 2024.

    iPower’s management will host the conference call, which will be followed by a question-and-answer session.

    The conference call details are as follows:

    Date: Thursday, February 13, 2025
    Time: 4:30 p.m. Eastern time
    Dial-in registration link: here
    Live webcast registration link: here

    Please dial into the conference call 5-10 minutes prior to the start time. If you have any difficulty connecting with the conference call, please contact the Company’s investor relations team at IPW@elevate-ir.com.

    The conference call will also be broadcast live and available for replay in the Events & Presentations section of the Company’s website at www.meetipower.com.

    About iPower Inc. 

    iPower Inc. is a tech and data-driven online retailer, as well as a provider of value-added ecommerce services for third-party products and brands. iPower’s capabilities include a full spectrum of online channels, robust fulfillment capacity, a nationwide network of warehouses, competitive last mile delivery partners and a differentiated business intelligence platform. iPower believes that these capabilities will enable it to efficiently move a diverse catalog of SKUs from its supply chain partners to end consumers every day, providing the best value to customers in the U.S. and other countries. For more information, please visit iPower’s website at www.meetipower.com.

    Forward-Looking Statements 

    All statements other than statements of historical fact in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that iPower believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. iPower undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as may be required by law. Although iPower believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and iPower cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results and performance in iPower’s Annual Report on Form 10-K, as filed with the SEC on September 20, 2024, and in its other SEC filings, including Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.

    Investor Relations Contact

    Sean Mansouri, CFA or Aaron D’Souza
    Elevate IR
    (720) 330-2829
    IPW@elevate-ir.com

    iPower Inc. and Subsidiaries
    Unaudited Condensed Consolidated Balance Sheets
    As of December 31, 2024 and June 30, 2024
     
              December 31,   June 30,
              2024   2024
              (Unaudited)      
    ASSETS            
    Current assets            
      Cash and cash equivalent   $ 2,877,457     $ 7,377,837  
      Accounts receivable, net     13,926,432       14,740,093  
      Inventories, net     9,183,631       10,546,273  
      Prepayments and other current assets, net     2,292,744       2,346,534  
          Total current assets     28,280,264       35,010,737  
                       
    Non-current assets            
      Right of use – non-current     4,757,429       6,124,163  
      Property and equipment, net     303,059       370,887  
      Deferred tax assets, net     3,001,517       2,445,605  
      Goodwill     3,034,110       3,034,110  
      Intangible assets, net     3,306,014       3,630,700  
      Other non-current assets     1,187,179       679,655  
          Total non-current assets     15,589,308       16,285,120  
                       
          Total assets   $ 43,869,572     $ 51,295,857  
                       
    LIABILITIES AND EQUITY            
    Current liabilities            
      Accounts payable, net     8,853,320       11,227,116  
      Other payables and accrued liabilities     3,491,596       3,885,487  
      Lease liability – current     1,540,624       2,039,301  
      Short-term loan payable           491,214  
      Short-term loan payable – related party     350,000       350,000  
      Revolving loan payable, net           5,500,739  
      Income taxes payable     274,947       276,158  
          Total current liabilities     14,510,487       23,770,015  
                       
    Non-current liabilities            
      Long-term revolving loan payable, net     4,042,400        
      Lease liability – non-current     3,612,756       4,509,809  
                       
          Total non-current liabilities     7,655,156       4,509,809  
                       
          Total liabilities     22,165,643       28,279,824  
                       
    Commitments and contingency            
                       
    Stockholders’ Equity            
      Preferred stock, $0.001 par value; 20,000,000 shares authorized; 0 shares issued and            
        outstanding at December 31, 2024 and June 30, 2024            
      Common stock, $0.001 par value; 180,000,000 shares authorized; 31,359,899 and            
        31,359,899 shares issued and outstanding at December 31, 2024 and June 30, 2024     31,361       31,361  
      Additional paid in capital     33,867,156       33,463,883  
      Accumulated deficits     (12,041,063 )     (10,230,601 )
      Non-controlling interest     (44,195 )     (38,204 )
      Accumulated other comprehensive loss     (109,330 )     (210,406 )
          Total stockholders’ equity     21,703,929       23,016,033  
                       
          Total liabilities and stockholders’ equity   $ 43,869,572     $ 51,295,857  
                       
    iPower Inc. and Subsidiaries
    Unaudited Condensed Consolidated Statements of Operations and Comprehensive Loss
    For the Three and Six Months Ended December 31, 2024 and 2023
     
            For the Three Months Ended December 31,   For the Six Months Ended December 31,
            2024   2023   2024   2023
            (Unaudited)   (Unaudited)   (Unaudited)   (Unaudited)
    REVENUES                    
      Product sales   $ 17,606,889     $ 16,800,122     $ 35,882,301     $ 43,308,496  
      Service income     1,465,682             2,198,791        
        Total revenues     19,072,571       16,800,122       38,081,092       43,308,496  
                                 
    COST OF REVENUES                        
      Product costs     9,461,119       9,481,882       19,378,567       24,231,411  
      Service costs     1,221,566             1,824,742        
        Total cost of revenues     10,682,685       9,481,882       21,203,309       24,231,411  
                                 
    GROSS PROFIT     8,389,886       7,318,240       16,877,783       19,077,085  
                                 
    OPERATING EXPENSES:                        
      Selling and fulfillment     4,628,914       6,936,980       10,543,722       17,000,451  
      General and administrative     3,077,365       2,933,607       8,396,888       5,897,658  
        Total operating expenses     7,706,279       9,870,587       18,940,610       22,898,109  
                                 
    INCOME (LOSS) FROM OPERATIONS     683,607       (2,552,347 )     (2,062,827 )     (3,821,024 )
                                 
    OTHER INCOME (EXPENSE)                        
      Interest expenses     (140,672 )     (182,612 )     (280,634 )     (410,977 )
      Loss on equity method investment     (802 )     (801 )     (1,721 )     (1,826 )
      Other non-operating income (expenses)     (205,958 )     128,838       12,728       61,672  
        Total other expenses, net     (347,432 )     (54,575 )     (269,627 )     (351,131 )
                                 
    INCOME (LOSS) BEFORE INCOME TAXES     336,175       (2,606,922 )     (2,332,454 )     (4,172,155 )
                                 
    PROVISION FOR INCOME TAX EXPENSE (BENEFIT)     120,511       (688,939 )     (516,001 )     (964,821 )
    NET INCOME (LOSS)     215,664       (1,917,983 )     (1,816,453 )     (3,207,334 )
                                 
      Non-controlling interest     (3,155 )     (3,155 )     (5,991 )     (5,991 )
                                 
    NET INCOME (LOSS) ATTRIBUTABLE TO IPOWER INC.   $ 218,819     $ (1,914,828 )   $ (1,810,462 )   $ (3,201,343 )
                                 
    OTHER COMPREHENSIVE INCOME (LOSS)                        
      Foreign currency translation adjustments     156,130       (160,255 )     101,076       (160,962 )
                                 
    COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO IPOWER INC.     $ 374,949     $ (2,075,083 )   $ (1,709,386 )   $ (3,362,305 )
                                 
    WEIGHTED AVERAGE NUMBER OF COMMON STOCK                        
      Basic     31,437,517       29,790,242       31,427,360       29,777,378  
                                 
      Diluted     31,437,517       29,790,242       31,427,360       29,777,378  
                                 
    EARNINGS (LOSSES) PER SHARE                        
      Basic   $ 0.01     $ (0.06 )   $ (0.06 )   $ (0.11 )
                                 
      Diluted   $ 0.01     $ (0.06 )   $ (0.06 )   $ (0.11 )
                                 

    The MIL Network

  • MIL-OSI: Financial Institutions, Inc. Announces 3.3% Increase in Common Stock Dividend

    Source: GlobeNewswire (MIL-OSI)

    WARSAW, N.Y., Feb. 13, 2025 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ: FISI) (the “Company”), parent company of Five Star Bank and Courier Capital, LLC, announced that on February 12, 2025, its Board of Directors approved a quarterly cash dividend of $0.31 per outstanding common share, an increase of $0.01, or 3.3%, from the most recent quarter.

    “The increase in our quarterly cash dividend is reflective of both our Board’s ongoing commitment to building shareholder value and its confidence in the Company’s long-term sustainable growth strategy,” said President and Chief Executive Officer Martin K. Birmingham.

    The $0.31 cash dividend represents an annualized yield of 4.4% based on the closing share price of $28.00 on February 12, 2025.

    The Company also announced dividends of $0.75 per share on its Series A 3% preferred stock and $2.12 per share on its Series B-1 8.48% preferred stock.

    All dividends are payable April 2, 2025, to shareholders of record on March 14, 2025.

    About Financial Institutions, Inc.
    Financial Institutions, Inc. (NASDAQ: FISI) is a financial holding company with approximately $6.1 billion in assets as of December 31, 2024, offering banking and wealth management products and services. Its Five Star Bank subsidiary provides consumer and commercial banking and lending services to individuals, municipalities and businesses through banking locations spanning Western and Central New York and a commercial loan production office serving the Mid-Atlantic region. Courier Capital, LLC offers customized investment management, financial planning and consulting services to individuals and families, businesses, institutions, non-profits and retirement plans. Learn more at Five-StarBank.com and FISI-Investors.com.

    For additional information contact:
    Kate Croft
    Director of Investor and External Relations
    (716) 817-5159
    klcroft@five-starbank.com

    The MIL Network

  • MIL-OSI: Definitive Healthcare Announces Timing of Its Fourth Quarter and Full Year 2024 Financial Results Conference Call and Webcast

    Source: GlobeNewswire (MIL-OSI)

    FRAMINGHAM, Mass., Feb. 13, 2025 (GLOBE NEWSWIRE) — Definitive Healthcare Corp. (“Definitive Healthcare”) (Nasdaq: DH), an industry leader in healthcare commercial intelligence, today announced that it will report financial results for its fourth quarter and full year ended December 31, 2024, on Thursday, February 27, 2025 after market close. The company will host a conference call and webcast at 5:00 PM (ET) / 2:00 PM (PT) to discuss the company’s financial results.

    A live audio webcast of the event will be available on the Definitive Healthcare’s Investor Relations website at https://ir.definitivehc.com/.

    A live dial-in will be available at 877-358-7298 (domestic) or +1-848-488-9244 (international). Shortly after the conclusion of the call, a replay of this conference call will be available through March 29, 2025 at 800-645-7964 or 757-849-6722. The replay passcode is 1765#.

    About Definitive Healthcare
    At Definitive Healthcare, our mission is to transform data, analytics, and expertise into healthcare commercial intelligence. We help clients uncover the right markets, opportunities, and people, so they can shape tomorrow’s healthcare industry. Our SaaS products and solutions create new paths to commercial success in the healthcare market, so companies can identify where to go next. Learn more at definitivehc.com.

    Media Contact:
    Bethany Swackhamer
    bswackhamer@definitivehc.com

    Investor Relations Contact:
    Brian Denyeau
    ICR for Definitive Healthcare
    brian.denyeau@icrinc.com

    Source: Definitive Healthcare Corp.

    The MIL Network

  • MIL-OSI: Epsilon Energy Ltd. Announces New Share Repurchase Program and Borrowing Base Redetermination

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, Feb. 13, 2025 (GLOBE NEWSWIRE) — Epsilon Energy Ltd. (“Epsilon” or the “Company”) (NASDAQ: EPSN) today announced that its Board of Directors terminated and revoked authority under the normal course issuer bid program which commenced on March 27, 2024. At the same time, the Board of Directors approved a new one-year share repurchase program, under which the Company is authorized to repurchase up to 2,200,876 common shares, representing 10% of the outstanding common shares of Epsilon, for an aggregate purchase price of not more than US $13.0 million, pursuant to a normal course issuer bid. The one-year period commenced on February 12, 2025. The program will end on February 11, 2026, unless the maximum amount of common shares is purchased before then or Epsilon provides earlier notice of termination.

    The Company believes that the market price of its common shares may not reflect their underlying value and the Board of Directors has authorized this initiative because, in the Board’s opinion, the proposed repurchase of common shares constitutes an appropriate use of Epsilon’s funds, and the repurchase of its common shares is one way of creating shareholder value.

    Repurchases will be made from time to time through the facilities of the NASDAQ Global Market. The price paid for the common shares will be, subject to applicable securities laws, the prevailing market price of such common shares on the NASDAQ Global Market at the time of such purchase. The Company intends to fund the purchase out of available cash and does not expect to incur debt to fund the share repurchase program.

    The Company also announced the results of a borrowing base redetermination on the Company’s senior secured reserve-based lending revolving credit facility (the “Credit Facility”) with Frost Bank (the “Lender”). Effective on February 10, 2025, the Lender redetermined the borrowing base at $45 million, which will remain until the next redetermination later in the year.

    About Epsilon

    Epsilon Energy Ltd. is a North American onshore natural gas and oil production and gathering company with assets in Pennsylvania, Texas, Alberta, New Mexico, and Oklahoma.

    Contact Information:

    281-670-0002

    Jason Stabell
    Chief Executive Officer
    Jason.Stabell@EpsilonEnergyLTD.com

    Andrew Williamson
    Chief Financial Officer
    Andrew.Williamson@EpsilonEnergyLTD.com

    The MIL Network

  • MIL-OSI: American Coastal Insurance Corporation Schedules Fourth Quarter and Full Year 2024 Financial Results and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    ST. PETERSBURG, Fla., Feb. 13, 2025 (GLOBE NEWSWIRE) — American Coastal Insurance Corporation (Nasdaq Ticker: ACIC) (“the Company”, “American Coastal” or “ACIC”), the insurance holding company of American Coastal Insurance Company (“AmCoastal”), announced today that it expects to release its financial results for the fourth quarter and full year ended December 31, 2024, on Thursday, February 27, 2025, after the close of the market, and will conduct its quarterly conference call at 5:00 p.m. ET.

    The conference call will include live remarks followed by a question and answer (Q&A) session. Interested parties are invited to participate in the conference call and should dial-in 10 minutes before the conference call is scheduled to begin.

    Fourth Quarter and Full Year 2024 Conference Call Details:
    Thursday, February 27, 2025 – 5:00 p.m. ET

    Participant Dial-In Numbers:

    United States: 877-445-9755
    International: 201-493-6744
       

    To listen to the conference call via webcast, please visit the Company website and click on the webcast link at the top of the page or click here. The webcast will be archived and accessible for approximately 30 days following the call.

    About American Coastal Insurance Corporation:
    American Coastal Insurance Corporation (amcoastal.com) is the holding company of the insurance carrier, American Coastal Insurance Company, which was founded in 2007 for the purpose of insuring Condominium and Homeowner Association properties, and apartments in the state of Florida. American Coastal Insurance Company has an exclusive partnership for distribution of Condominium Association properties in the state of Florida with AmRisc Group (amriscgroup.com), one of the largest Managing General Agents in the country specializing in hurricane-exposed properties. American Coastal Insurance Company has earned a Financial Stability Rating of “A”, Exceptional’ from Demotech, and maintains an “A-” insurance financial strength rating with a Stable outlook by Kroll. ACIC maintains a ‘BB+’ issuer rating with a Stable outlook by Kroll.

    Contact Information:
    Alexander Baty    
    Vice President, Finance & Investor Relations, American Coastal Insurance Corporation
    investorrelations@amcoastal.com
    (727) 425-8076

    Karin Daly
    Investor Relations, Vice President, The Equity Group
    kdaly@equityny.com
    (212) 836-9623

    The MIL Network

  • MIL-OSI Submissions: Australia – CBA partners with NSW Government to deliver banking services, building a brighter future for people, businesses and communities – CBA

    Source: Commonwealth Bank of Australia (CBA)

    CBA to deliver innovative payments and transaction banking services at scale, to shape the State’s digital future.

    NSW Government today announced that Commonwealth Bank has been selected to provide banking services and support to benefit the people, businesses and communities of the State.

    As part of the agreement, CBA will deliver liquidity management, transaction banking, merchant acquiring, FX, cross-border payments and transit payments services, to increase efficiency and make transacting with the government seamless for the people of New South Wales.

    CBA will help shape the State’s digital future by deploying the bank’s innovative payments technologies and transaction banking expertise, including globally recognised responsible AI capabilities, specialised government payment solutions and market leading merchant technologies.

    CBA has been retained to provide transit ticketing services for the NSW Government and will support the State to deliver new technologies for improved journey planning, payment and information access.

    As part of the long-term partnership, CBA is committed to delivering a number of benefits for the broader community and citizens of New South Wales, including investments to support small business, innovation and data insights.

    Approximately 40 per cent of all payments across Australia are processed through CBA’s network, and this rich data and insight will be leveraged to enable the government to make timely and informed data-driven decisions to help build a brighter future for the State.

    The agreement will also help to ensure the safety and security of payments through the implementation of CBA’s leading cyber and fraud management technologies, such as Namecheck, an Australian banking first that has saved the bank’s customers more than $400 million in mistaken payments and scams to date.

    Sinead Taylor, incoming CBA Group Executive, Institutional Banking and Markets, said CBA would bring the bank’s full breadth of transaction banking capabilities to drive better outcomes for New South Wales.

    “We are thrilled to have been given the opportunity by the New South Wales Government to harness our scale, digital innovation and government credentials to support a thriving, resilient and sustainable New South Wales.”

    “CBA is at the forefront of payments modernisation and our secure, resilient and innovative payments technologies, combined with our sophisticated scams and fraud mitigation tools, will drive efficiencies and deliver a better experience for people across the State.”

    “The New South Wales Government and CBA have a history of working together to drive innovation, with our long-standing partnership with Transport for NSW as just one example, and we look forward to broadening our partnership to benefit the people, businesses and communities of New South Wales.”

    MIL OSI – Submitted News

  • MIL-OSI Submissions: Bangladesh: Critical UN report must spur accountability and justice – Amnesty International

    Source: Amnesty International

    Responding to the  UN Fact-Finding report published yesterday which finds reasonable grounds to believe Bangladesh’s former Government and security apparatus  systematically engaged in a range of serious human rights violations raising concerns as to crimes against humanity, Smriti Singh, regional director for South Asia at Amnesty International, said:

    “This 105-page UN report lays bare the scale and severity of the human rights violations committed by the regime led by the ex-prime minister Sheikh Hasina to repress anti-government protests in Bangladesh. It echoes and expands on the findings by Amnesty International and other human rights organizations from last year. While the report is an important attempt to address serious violations in the country, the UN should not stop its efforts here. Continued efforts for investigation and fact-finding by UN human rights mechanisms are critical to support accountability and justice for victims in Bangladesh.

    “The Interim Government must take seriously the UN recommendation to consider referring to the International Criminal Court all the incidents which took place between 1 July to 15 August in Bangladesh. The government must also implement other immediate and longer-term recommendations in the report including guarantees of fair trial and due process in ongoing investigations, security and justice sector reform and repeal of draconian laws that restrict civic space, among others.  However, to ensure lasting truth, justice, accountability, reparations and guarantees of non-recurrence, the engagement with UN mechanisms and bodies must continue beyond this. Any failure to do so would be to turn our backs on the victims and survivors.”

    (ref. https://www.ohchr.org/en/documents/country-reports/ohchr-fact-finding-report-human-rights-violations-and-abuses-related )

    Background

    On 12 February, the UN Office of the High Commissioner for Human Rights (OHCHR) published their report based on an independent fact-finding inquiry into alleged human rights violations and abuses that occurred during widespread protests in Bangladesh between 1 July and 15 August 2024.

    Last year, Amnesty International had documented the violence and repression in Bangladesh in response to the students-led quota-reform protests across the country. We published a video verification series documenting evidence of the unlawful use of both lethal and less-lethal force against student protesters.

    MIL OSI – Submitted News

  • MIL-OSI USA: Hoeven Statement After Voting to Confirm Brooke Rollins as Secretary of Agriculture

    US Senate News:

    Source: United States Senator for North Dakota John Hoeven
    02.13.25
    WASHINGTON – Senator John Hoeven, Chairman of the Senate Agriculture Appropriations Committee and a senior member of the Senate Agriculture Committee, issued the following statement after voting to confirm Brooke Rollins to serve as Secretary of Agriculture:
    “Congratulations to Brooke Rollins on her confirmation to lead the Department of Agriculture. Secretary Rollins grew up on a ranch so she not only has the right background, but she has the ear of President Trump and will be a great advocate for our farmers and ranchers. We look forward to working with her to advance the priorities of our producers and rural America, and appreciate her commitment to come to North Dakota to see firsthand our state’s agricultural leadership.”
    During Rollins’ hearing before the Agriculture Committee, Hoeven outlined a broad range of efforts to strengthen U.S. agriculture and secured commitments from Rollins to work with him on:
    Passing a strong farm bill that makes needed investments in the farm safety net, among other producer priorities.
    Implementing and quickly delivering the $33.5 billion in disaster assistance that he worked to secure for producers in the year-end funding legislation.
    The assistance package addresses losses from both natural disasters and challenging markets and has funding specifically set aside for livestock losses due to wildfire.

    Ensuring access for agriculture producers to U.S. Forest Service lands in North Dakota, including for grazing on the national grasslands.
    Improving access to foreign markets for U.S. farmers and ranchers.
    Visiting North Dakota to learn firsthand about precision agriculture efforts in the state, including the partnership between Grand Farm, North Dakota State University and the Agricultural Research Service.

    MIL OSI USA News

  • MIL-OSI USA: Hoeven, Shaheen, Moran & Bennet Reintroduce Legislation to Establish Permanent Air Guard Tuition Assistance Program

    US Senate News:

    Source: United States Senator for North Dakota John Hoeven
    02.13.25
    WASHINGTON – Senators John Hoeven (R-N.D.), Jeanne Shaheen (D-N.H.), Jerry Moran (R-Kan.) and Michael Bennet (D-Colo.) reintroduced legislation to establish a permanent federal tuition assistance (FTA) program benefitting Air National Guard members. The Air Guard Standardizing Tuition Assistance to Unify the Services (STATUS) Act requires the Secretary of the Air Force to provide tuition assistance to drill-status members of the Air National Guard, consistent with the program available to the Army National Guard. The legislation is supported by the National Guard Association of the United States (NGAUS). The legislation follows efforts by Hoeven and Shaheen to:
    Establish and fund a FTA pilot program, and ensure that North Dakota and New Hampshire Air Guardsmen had access to this important benefit.
    Secure a total of $18.8 million across fiscal years (FY) 2020-2023 to support the program.
    “Our Air Guard members deserve to receive the same benefits as their counterparts, both in the reserve and active duty components of the military,” said Senator Hoeven. “Our legislation makes the Air Guard FTA pilot program that we first worked to establish in 2020 permanent and available to drill-status Guard members across the country. Doing so will ensure the Air Guard, like the Happy Hooligans in Fargo, can continue to recruit the best and brightest members to support the increasingly high-tech missions they take on in defense of our nation.”
    “Ensuring that the brave women and men serving in the Air National Guard have access to educational opportunities will not only help our recruitment and retention, but will also enhance our overall military preparedness and provide service members the benefits they deserve,” said Senator Shaheen. “Passing our bipartisan legislation will make tuition more affordable for the Air National Guard and bring their educational benefits in line with the other service branches. Let’s get this done.”
    “The men and women in the Air National Guard work alongside their active-duty counterparts to protect our nation and serve our communities,” said Senator Moran. “Providing the same educational benefits to the Air National Guard that the Army National Guard receives will help increase recruitment rates and make certain our servicemembers have access to the benefits they deserve.”
    “Colorado is home to over 1,500 Air National Guardsmen whose dedication and sacrifice helps keep our state and country safe,” said Senator Bennet. “Our bipartisan bill will help attract, develop, and retain members of the Air National Guard and ensure servicemembers nationwide have the educational benefits they deserve.”
    “We must take care of the servicemembers who take care of our nation. One way to show our gratitude is to invest in their future through federal tuition assistance,” said retired Maj. Gen. Francis M. McGinn, NGAUS President. “We must equally provide for our Soldiers and our Airmen. This bill corrects a long-standing gap in National Guard benefits and will empower our Airmen to reach new heights in knowledge and skill. We thank Senators Hoeven and Shaheen for their efforts and continued support of the National Guard.”

    MIL OSI USA News

  • MIL-OSI USA: Duckworth Votes Against Confirming Robert F. Kennedy Jr. to Serve as HHS Secretary

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth
    February 13, 2025
    [WASHINGTON, D.C.] – Today, U.S. Senator Tammy Duckworth (D-IL) released the following statement after the Senate confirmed Robert F. Kennedy Jr. by a vote of 52-48 to serve as Secretary of the Department of Health and Human Services:
    “I am extremely disappointed that my Republican colleagues lacked the basic courage necessary to vote against Robert F. Kennedy Jr. This man is an unqualified, anti-science, anti-vax extremist—and it will be our kids, not Mr. Kennedy, who pay the price, when he refuses to ensure they are protected against preventable yet deadly diseases like measles or whooping cough.
    “I’m also gravely concerned that Mr. Kennedy’s confirmation will further endanger Medicaid, putting at risk the roughly 80 million Americans who rely on it. With every passing day, it becomes clearer and clearer that Republicans care more about tax breaks for the billionaires they pal around with on the golf course than prescriptions for the middle-class folks who actually work at Mar-a-Lago.
    ‘They’re not making America great again—they’re making America sick again. That’s the Trump-Kennedy promise.”
    -30-

    MIL OSI USA News

  • MIL-OSI USA: Senators Luján, Markey, Peters Condemn Weaponization of Federal Communications Commission Against Broadcasters and Public Media 

    US Senate News:

    Source: United States Senator Ben Ray Luján (D-New Mexico)
    Attacks Against Public Media Could Threaten New Mexicans’ Access to Vital Local News, Television, and Radio
    Washington, D.C – Today, U.S. Senators Ben Ray Luján (D-N.M.), Edward J. Markey (D-Mass.), and Gary Peters (D-Mich.), members of the Senate Commerce, Science, and Transportation Committee, wrote to Federal Communications Commission (FCC) Chairman Brendan Carr and Commissioner Nathan Simington regarding recent actions taken by the FCC under the Trump administration demonstrating that the FCC is weaponizing its authority over broadcasters and public media for political purposes. 
    Across New Mexico, 15 public media organizations rely on over $5.8 million in grants through the Corporation for Public Broadcasting (CPB) to deliver news, entertainment, and much more to the state’s metropolitan, rural, and Tribal communities. Dismantling the CPB could cut off public media to New Mexico’s most rural areas—including during disasters and emergencies when rural communities rely on public media coverage the most. 
    In the letter the lawmakers wrote, “We write to express our serious concern about the recent actions taken by the Federal Communications Commission (FCC) under Chairman Carr to open or reopen investigations into broadcasting companies without any evidence of wrongdoing in what appears to be an attempt to intimidate broadcasters for political purposes. Specifically, we are concerned by both of your recent assertions that broadcast stations could be investigated over their editorial decision-making, which raises concerns under the First Amendment. Additionally, we are deeply concerned that in just the first two weeks under Chairman Carr, the Commission has reinstated three previously closed complaints against ABC, CBS, and NBC — absent any new evidence — without also reinstating a similar complaint against a Fox broadcasting station. Finally, we are troubled by your announced investigation into PBS and National Public Radio (NPR) member stations without any evidence that these news sources have departed from decades-long practices for sponsorship disclosures. Taken together, these efforts appear politically motivated and designed to punish, censor or intimidate members of the free press based on political disagreement with editorial choices. This weaponization of the FCC is unacceptable. We urge you to immediately cease such conduct and respect the First Amendment. 
    The lawmakers continue, “We urge you both to follow the Constitution, immediately cease abusing the FCC’s legal authority, and return to the evidence-based decision-making that has been a staple of the Commission’s long and storied history.” 
    The full text of the letter is available here.

    MIL OSI USA News

  • MIL-OSI New Zealand: Transport Sector – Road freight survey to fill key knowledge gaps

    Source: Ia Ara Aotearoa Transporting New Zealand

    Registrations for the National Road Freight Survey have opened today (February 14) with company owners, managers, drivers and other essential staff encouraged to have their say in the largest sector snap-shot in more than a decade.
    The survey is being run by independent research firm Research NZ on behalf of Transporting New Zealand, and is available to all road freight industry participants.
    Transporting New Zealand Chief Executive Dom Kalasih says the survey is a fantastic opportunity to better understand industry attitudes on key issues including workforce shortages, operating conditions, revenue issues such as tolling and congestion charging, the Cook Strait ferries and road policing.
    “There are over 30,000 people working in the road freight sector across more than 4,000 business entities, carrying 93 percent of the national freight task,” Kalasih says.
    “We want to get a clearer picture of what their leading concerns are, what opportunities they see for improvement, and what might be lesser priorities.”
    He says he is particularly interested in sharing the results with policy makers and industry partners about the retirement intentions of drivers and the employment of migrant workers.
    “We know the average age of truck drivers is rapidly approaching 60, and that migrant truck drivers have played an important supplementary role in filling shortages. However, the survey will give us a clearer picture of what proportion of the workforce intends to retire within five years, what the main barriers are to employing new drivers, and what policy changes we need to prioritise to improve the situation.”
    Kalasih says that Research NZ has kept the survey short, multi-choice and accessible, with the option to provide more in-depth answers.
    “The survey will ask operators to rank leading industry issues in order of importance, and then get more detailed responses on topical issues relating to each of those. This will be followed by some key questions on workforce challenges, the public perception of truck drivers, and what (if any) skill gaps people are noticing with new drivers.”
    “Because of the importance of the road freight industry, and its fragmented nature, people get a lot of survey requests from government, suppliers and supply chain partners. That’s why we’ve ensured this survey is concise, while still being comprehensive. We got feedback from our members on the content and it’s been designed to ensure we’ve got it right.”
    “People who register for the survey before 3 March (the survey launch date) will also enter the draw for an iPad, and there will be more prizes to follow. So get registered and share it with your team today. It’s open to all industry participants.”
    Road freight business owners, managers, drivers and staff can pre-register for the survey at:

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Consumer NZ Valentine’s Day alert: Beware the red flags

    Source: Consumer NZ

    Consumer NZ is warning New Zealanders to be on high alert this Valentine’s Day as romance scammers flip the typical scam protection advice on its head.

    Ruairi O’Shea, Consumer NZ investigative writer, says romance scams are particularly insidious because they don’t follow the typical patterns associated with scams.

    “Romance scams work because they bypass the red flags we’re trained to look out for. Instead of demanding urgent action or sending texts with links out of the blue, romance scammers build trust over months,” says O’Shea.

    “And unlike an unsolicited text with a dodgy link, you may have even initiated first contact by swiping left on a dating app. It’s a slow burn, with scammers building trust before recommending investment opportunities or asking for intimate pictures that they could use to blackmail a person.

    “Victims genuinely believe they’re in a relationship: they trust the other person implicitly and believe that person will act in their best interests.”

    Between 2023 and 2024, a French woman was targeted by a scammer using generative artificial intelligence (AI) to successfully convince her she was speaking to the American actor Brad Pitt. She was scammed out of almost NZ$1.5 million.

    “Romance scams can be utterly devastating because of the financial and emotional toll they take.  

    “Love is a strong incentive, and sadly, scammers know this and exploit it.”

    Recognising these three ‘red flags’ can protect you from romance scams

    The long game

    Unlike traditional scams that rely on urgency, romance scammers play the long game. O’Shea says this slow-building trust makes victims more likely to overlook the more common or “typical” signs of a scam.  

    The investment  

    Once the scammer is confident they’ve established trust, they will begin exploiting.

    “It might start with the scammer revealing a seemingly minor financial stress, and because they feel committed to this relationship, the victim may even proactively offer to help resolve the problem.

    “Later, the scammer might casually recommend an investment opportunity, which, unfortunately, turns out to be fake.”

    Strictly online

    “It’s not new to hear of someone who is in a happy, committed relationship, with kids, a dog and a house, after having initially met their partner on a dating app.

    “What is new, however, is the sophisticated way in which scammers are using AI to basically turbocharge their authenticity,” O’Shea says.

    “Be suspicious if the person you meet online is reluctant to get together in the flesh. Their reasons for keeping a relationship secret or online can be incredibly convincing – health, travel, work, family – but if you can’t meet them in person, you shouldn’t trust them.”

    4 don’ts to protect yourself and those you love (in real life) from romance scams

    Don’t keep it on the down-low – talk to friends and family about online relationships: a fresh pair of eyes could help spot the signs of a scam.

    Don’t give someone anything you wouldn’t post publicly on social media – this isn’t just intimate photographs but also your address or other potentially sensitive personal information.

    Don’t send money to anyone you’ve only communicated with online – if you haven’t met someone in person, don’t give them anything of monetary value.

    Don’t move to another messaging service – if you meet someone on a dating platform and they suggest moving to an encrypted messaging service like WhatsApp, be suspicious.

    What to do if you’re the victim of a romance scam

    If you’re the victim of a romance scam, contact the Police, Manaaki Tāngata Victim Support, your bank and Netsafe (the nation’s non-profit online safety organisation) immediately: a scam doesn’t necessarily end when a victim realises they’ve been scammed.  

    It’s also important to report online scams to CERT NZ, part of the National Cyber Security Centre. The National Cuber Security Centre runs Own Your Online and the service has helpful advice on how to spot a scam and what to do if you get caught out.

    MIL OSI New Zealand News

  • MIL-OSI USA: Future Women Leaders in Medicine

    Source: US State of Connecticut

    Angela McCarthy, a third year medical student at UConn, is already making an impact as a leader in medicine.

    McCarthy is the first UConn medical student elected to serve as president of the American Medical Women’s Association (AMWA) Region 1. In this role, she successfully planned and hosted the association’s Region 1 Conference on January 25. She was elected to her leadership position by medical students across New England.

    The AWMA Region 1 Conference in Boston on Jan. 25 was attended by over 250 attendees (Photo by Olivia Kuk/Boston University medical student).

    “Women now make up over half of medical school classes across the U.S., but we still have work to do to ensure equal representation in leadership roles,” says McCarthy who is from Glastonbury, Conn. “It was an honor for UConn to lead this conference, and I’m grateful for the support that made it possible.”

    The annual meeting’s theme, “Women Supporting Women,” emphasized mentorship, collaboration, and career advancement for women in medicine. The event was sponsored by UConn School of Medicine and its Group on Women in Medicine and Science (GWIMS). The conference brought together over 250 attendees, including physicians, medical students, and premedical students from across New England. Many UConn medical students and UConn undergraduates attended.

    Hands-on clinical skills training workshops were also held at the event. (Photo by Olivia Kuk/Boston University medical student).

    In addition to McCarthy’s leadership in New England for AMWA’s Region 1, UConn medical student Pooja Prasad in the Class of 2026 holds a national position as one of AMWA’s Advocacy Chairs. Also, Connecticut Children’s Division Head of Rheumatology and associate professor of pediatrics at UConn School of Medicine Dr. Barbara Edelheit is the faculty advisor for UConn School of Medicine’s AMWA group. She serves in a national position as chair of AMWA’s Mentorship Committee and was a panelist on the opening Women in Medicine panel of this year’s Region 1 conference.

    “Angela did an incredible job planning and coordinating the AMWA Region 1 conference. She’s truly a standout student leader and a role model,” applauds Edelheit. “I’ve been so lucky to work alongside her and the amazing University of Connecticut medical students in my role as their AMWA faculty advisor. They’re an inspiring, brilliant group of women who are going to make a lasting impact in the world of medicine.”

    Five UConn medical students also moderated panels at the conference, while UConn faculty member Dr. Megan Herbst and second-year UConn medical student Veronica Arroyo Rodriguez developed a hands-on point of care ultrasound workshop for attendees.  The

    Mentorship group workshops underway at this year’s AWMA’s Region 1 conference (Photo by Olivia Kuk/Boston University medical student).

    Clinical Simulation Center at UConn Health lead by Jim Behme donated materials for skills workshops, including portable ultrasounds, IV placement arms, and high-tech mannequins for intubation practice.

    “This conference was a major achievement for the UConn School of Medicine. It highlights the strength of our student leadership and the school’s commitment to advancing women in medicine,” shares McCarthy.

    McCarthy concludes, “I couldn’t have pulled off this conference without the help of my peers, especially the other AMWA student leaders at UConn and across New England.”

    The 2025 AWMA Region 1 conference (Photo by Olivia Kuk/Boston University medical student).

    MIL OSI USA News

  • MIL-OSI USA: Applications Open for Empire State Summer Service Corps

    Source: US State of New York

    Governor Kathy Hochul today announced the opening of applications for the Empire State Summer Service Corps Program, encouraging State University of New York students to apply for one of 150 paid civic and service internships this summer. The special program will take place from May through August 2025. SUNY students are encouraged to apply on the SUNY website between now and March 20, 2025.

    “I have talked about putting money back in the pockets of taxpayers across New York, now it’s time to help put money into the pockets for the youth of New York,” Governor Hochul said. “By providing our youth with meaningful employment opportunities, we are not just giving them a job; we are investing in their future. This program will equip them with valuable skills, empower them to be leaders in their communities, and help them grow into responsible, hardworking individuals who will shape a brighter tomorrow for all of New York.”

    The Empire State Service Corps is one of Governor Hochul’s 2024 State of the State priorities to expand service opportunities for college students. Students participating in the program dedicate at least 300 hours to paid community service – and convene regularly to share and learn from each other’s experiences. During its first application cycle, almost 2,000 SUNY students submitted applications for 500 spots across 45 SUNY colleges and universities during the 2024-25 academic year. AmeriCorps funding will make it possible to expand the program to serve 150 students this summer.

    SUNY Chancellor John B. King Jr. said, “College has the unique power to bring students together in service and learning. Thanks to Governor Hochul’s leadership and the support of the Legislature, SUNY is proud to make it possible for hundreds of our students to complete paid service internships in their communities through the Empire State Service Corps.”

    The Empire State Service Corps provides paid civic and service internships in the following areas:

    • K-12 Tutoring: Students will partner with local school districts for regular tutoring sessions to support recovery from pandemic-era interrupted learning.
    • SNAP and basic need outreach: Students will support students with SNAP outreach on campus, as well as provide basic needs support, including shifts at the campus food pantry.
    • Peer Mental Health: On select campuses, students will be trained to serve as peer mental health counselors.
    • Sustainability: Students will serve in campus roles and with local nonprofits and State agencies on sustainability work, such as recycling campaigns, tree planting, pollinator gardens, and sustainability outreach.
    • Anti-Hate and Bias Prevention: Students will serve with local nonprofits focused on ending hate and bias in the community.
    • FAFSA Completion: Students will serve local communities, through visits to local high schools and work on-campus, to support students in completing the FAFSA so they can access financial aid.

    Governor Hochul and the state legislature committed $2.75 million to continue to fund the Empire State Service Corps in the FY25 Enacted Budget.

    Community-based organizations and local school districts interested in hosting Empire State Summer Service Corps members can submit their information at this link here.

    About The State University of New York

    The State University of New York is the largest comprehensive system of higher education in the United States, and more than 95 percent of all New Yorkers live within 30 miles of any one of SUNY’s 64 colleges and universities. Across the system, SUNY has four academic health centers, five hospitals, four medical schools, two dental schools, a law school, the country’s oldest school of maritime, the state’s only college of optometry, and manages one US Department of Energy National Laboratory. In total, SUNY serves about 1.4 million students amongst its entire portfolio of credit- and non-credit-bearing courses and programs, continuing education, and community outreach programs. SUNY oversees nearly a quarter of academic research in New York. Research expenditures system-wide are nearly $1.16 billion in fiscal year 2024, including significant contributions from students and faculty. There are more than three million SUNY alumni worldwide, and one in three New Yorkers with a college degree is a SUNY alum. To learn more about how SUNY creates opportunities, visit www.suny.edu.

    MIL OSI USA News

  • MIL-OSI USA: Linda McMahon is unwilling to protect students and public schools

    Source: US National Education Union

    By: Miguel A. Gonzalez

    Published: February 13, 2025

    WASHINGTON – NEA President Becky Pringle urged the U.S. Senate to reject Linda McMahon as U.S. Secretary of Education because of McMahon’s unwillingness to commit to protect students and strengthen public schools. McMahon’s confirmation hearing took place amidst threats of a looming executive order to dismantle the U.S. Department of Education—a move that would strip critical funding for student programs across the country to push vouchers for private schools.  

    McMahon took every opportunity to reiterate her plans to move forward with dismantling programs that will harm our most vulnerable and underserved students. If this anti-public education agenda is enacted, students will face larger class sizes; see fewer resources for at-risk students, the loss of vital services for students with disabilities; cuts to job-training programs, increased costs for higher education; and a rollback of basic civil rights protections. According to some estimates, more than 180,000 educators could lose their jobs if McMahon guts critical funding for those positions that tend to work in and with the most vulnerable student populations.  

    “Most of us believe every student deserves the opportunity, resources, and support to reach their full potential no matter where they live, the color of their skin, or how much their family earns. But we didn’t hear any of that today. As I travel around the country, parents and educators tell me their schools need more resources and more opportunities that will help students live into their brilliance. They do not want to gut public education or public schools,” said NEA President Becky Pringle. “If confirmed, Linda McMahon will dismantle public education as we know it to fund tax cuts for billionaires. She will push vouchers that take funding from our public schools, where 90 percent of all children and 95 percent of those with disabilities learn and grow. Public funds should stay in our public schools. Our students need an education secretary committed to fully funding the programs that can help them reach their full potential, not siphoning money to send to private schools.”      

    In the early weeks of the Trump administration, a series of executive orders have undermined students’ protections, stripping students of their rights and opportunities. Repeatedly when pressed to distance herself from the reckless and illegal executive orders signed by Donald Trump, McMahon simply refused to do so. When asked if she would provide public school students and educators with more resources for public schools, she doubled-down on her commitment to send public dollars to private schools. When asked if she would commit to strengthening public education and protecting students, she would not do so. McMahon even failed to protect funding that helps address the nationwide educator shortage.  

    “The Senate must reject Linda McMahon as Secretary of Education. The agenda is clear and dangerous. They want to gut public education and undermine public schools. Whether in Washington, with legal actions and lawsuits, or through grassroots actions in communities across the country, educators will continue to protect our students from this reckless agenda,” concluded Pringle.  

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    The National Education Association is the nation’s largest professional employee organization, representing more than 3 million elementary and secondary teachers, higher education faculty, education support professionals, school administrators, retired educators, students preparing to become teachers, healthcare workers, and public employees. Learn more at www.nea.org 

    MIL OSI USA News

  • MIL-OSI USA: SBA Opens Additional Recovery Center in Georgia to Assist Small Businesses and Private Nonprofits Affected by Debby and Helene

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) announced the opening of a Business Recovery Center (BRC) in Bulloch County to assist small businesses and private nonprofit (PNP) organizations who sustained economic losses caused by Tropical Storm Debby and Hurricane Helene.

    Beginning Friday, Feb.14, SBA customer service representatives will be on hand at the BRC to answer questions about SBA’s disaster loan program, explain the application process and help individuals complete their application. Walk-ins are accepted, but you can schedule an in-person appointment in advance at appointment.sba.gov. The BRC hours of operation is listed below.

    Business Recovery Center (BRC)

    Bulloch County

    Statesboro-Bulloch County Library

    124 S. Main Street

    Statesboro, GA 30458

    Opening: Friday, Feb. 14, 12 p.m. to 6 p.m.

    Hours:     Monday – Friday, 9 a.m. to 6 p.m.

    Saturday, 9 a.m. to 4 p.m.  

    Closed: Sunday  

    The SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs that suffered financial losses directly related to these disasters. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.  

    EIDLs are available for working capital needs caused by the disaster and are available even if the business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills that could have been paid had the disaster not occurred.  

    The loan amount can be up to $2 million with interest rates as low as 4% for small businesses and 3.25% for PNPs, with terms up to 30 years. Interest does not accrue, and payments are not due, until 12 months from the date of the first loan disbursement. The SBA sets loan amount terms based on each applicant’s financial condition.  

    To apply online and receive additional disaster assistance information visit sba.gov/disaster. Applicants may also call the SBA’s Customer Service Center at (800) 659-2955 or send an email to disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadlines to return economic injury applications are June 24, 2025, for Tropical Storm Debby and June 30, 2025, for Hurricane Helene.

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    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow or expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov. 

    MIL OSI USA News