Category: Americas

  • MIL-OSI USA: Department of Labor completed impact inspections at 8 mines in 7 states with histories of repeated health, safety violations in September 2024

    Source: US Department of Labor

    WASHINGTON – The U.S. Department of Labor announced today that its Mine Safety and Health Administration completed impact inspections in September 2024 at eight mines in Indiana, Kentucky, New Hampshire, Pennsylvania, Virginia, West Virginia and Wisconsin and issued 112 violations. 

    The agency conducts impact inspections at mines that merit increased agency attention and enforcement due to poor compliance history; previous accidents, injuries and illnesses; and other compliance concerns. Of the 112 violations MSHA identified in September 2024, 24 were evaluated by inspectors as significant and substantial. The agency began conducting impact inspections after an April 2010 explosion in West Virginia at the Upper Big Branch Mine killed 29 miners. 

    Since 2023, MSHA’s impact inspections have identified 4,679 violations, including 1,285 significant and substantial and 87 unwarrantable failure findings. An S&S violation is one that is reasonably likely to cause a reasonably serious injury or illness. Violations designated as unwarrantable failures occur when an inspector finds aggravated conduct that constitutes more than ordinary negligence. 

    “September 2024 impact inspections identified hazards such as lack of personal protective equipment and inadequate machine guarding. These important protections keep miners safe and prevent serious accidents,” said Assistant Secretary for Mine Safety and Health Chris Williamson. “The Biden-Harris administration continues to demonstrate that impact inspections remain an important tool to hold operators accountable and eliminate hazards that put miners’ safety and health at risk.” 

     North Indianapolis Quarry & Mill, a crushed and broken limestone mine in Hamilton County, Indiana, operated by Martin Marietta Materials Inc., was one of the eight mines selected for an impact inspection given previous safety concerns and its history of violations. On Sept. 12, 2024, MSHA personnel identified 42 violations of mandatory safety and health standards, 14 of which were designated S&S, and one 107(a) imminent danger order at the mine. Inspectors issue imminent danger orders to remove miners immediately when hazards present the imminent likelihood of a serious accident. 

     Specifically, inspectors found the following conditions: 

    • MSHA issued an imminent danger order after finding a miner standing on an elevated deck without fall protection, a condition that exposed the miner to the danger of a fall of about 23 feet to the ground below. Falls from heights are the cause of many serious and fatal mining accidents.
    • Serious housekeeping issues found throughout the mine. Accumulations of materials in work areas contributed to unsafe conditions that could lead to slips, trips and falls the most common issue found during the inspection that accounted for 13 violations. 
    • Violations for not ensuring safe access to work areas, including one S&S finding. The mine operator failed to maintain safe travel ways, exposing miners to slip and trip hazards in several locations. Inadequate maintenance of access routes increases the potential for accidents during routine operations. 
    • Three citations for improper examinations of working places. Inadequate examinations prevented hazardous conditions from being identified, corrected and recorded, which exposed miners to hazards. MSHA’s examination standard requires the mine operator to notify miners promptly of any violation not promptly corrected. Adequate examinations are essential for preventing accidents and ensuring safe working environments.
    • Three citations for inadequate guarding, including two evaluated as S&S. Inspectors observed guards failing to protect miners from contact with the tail pulley of one belt conveyor and a head pulley of another belt conveyor. MSHA issued one non-S&S violation for an opening in the guard of a tail pulley on a third belt conveyor. These violations exposed miners to entanglement with moving machine parts. 

    These findings indicate a range of systemic safety failures that exposed miners to unnecessary safety hazards. The high rate of S&S violations, combined with repeated failures to comply with safety standards, underscores the need for the mine operator to improve its safety culture and compliance with MSHA standards. 

    View September 2024 MSHA monthly impact inspections results and previous impact inspections. 

    Learn more about MSHA.

    MIL OSI USA News

  • MIL-OSI USA: US Department of Labor recovers $109K in back wages, benefits from Maryland contractor that underpaid 55 workers at Eglin AFB

    Source: US Department of Labor

    Employer:   Crystal Enterprises Inc.

    Employer address:    10837 Lanham Severn Road, Glenn Dale, MD 20769

    Investigation findings: A U.S. Department of Labor Wage and Hour Division investigation determined that Crystal Enterprises Inc. failed to pay the required prevailing wage and health and welfare benefits to employees working at a U.S. Air Force training center dining facility on Eglin Air Force Base in Florida, a violation of the McNamara-O’Hara Service Contract Act. By doing so, the employer also paid workers lower rates of pay for holidays and sick leave and vacation time used. 

    Recoveries: $109,127 in back wages for 55 employees.

    Quote: “Government contracts come with stipulations to ensure workers are paid correctly, and employers must adhere to those requirements when bidding on and obtaining those contracts. This includes ensuring the proper job classifications and rates of pay are followed,” said Wage and Hour Division District Director Vilma Bell in Orlando, Florida. “These workers provided the critical labor needed to feed service men and women on this military base. They deserve to take home every dollar they earn.”

    “Employers with questions about the standards required of them when they enter into federally funded contracts can contact us for help or find government contract compliance assistance information on our website,” Bell added. 

    Background: The U.S. Air Force subcontracted Crystal Enterprises Inc. to perform full food services at the training center dining facility on Eglin Air Force Base, Florida. 

    Learn more about the Wage and Hour Division, including a search tool to use if you think you may be owed back wages collected by the division. Workers and employers can call the division confidentially with questions or concerns – regardless of where they are from – and the division can speak with callers in more than 200 languages. Help ensure hours worked and pay are accurate by downloading the department’s Android and iOS Timesheet App for free in English or Spanish. 

    The Service Contract Act requires contractors and subcontractors performing services on prime contracts in excess of $2,500 to pay their workers employed under the contract no less than the local prevailing wages and fringe benefits for corresponding work on similar projects in the area.

    MIL OSI USA News

  • MIL-OSI USA: Department of Labor honors more than 800 employers committed to veterans’ employment with 2024 HIRE Vets Medallion Awards

    Source: US Department of Labor

    WASHINGTON – The U.S. Department of Labor today recognized more than 800 employers for their commitment to employing and supporting the nation’s service members by presenting them with the 2024 Honoring Investments in Recruiting and Employing American Military Veterans Medallion Award.

    Acting Secretary of Labor Julie Su and Assistant Secretary for Veterans’ Employment and Training James D. Rodriguez announced these 838 U.S. employers during an online ceremony. The event also featured award recipients who shared their views on the importance of hiring, retaining and professionally developing the nation’s veterans and the valuable contributions they make. 

    “The U.S. Department of Labor congratulates the newest recipients of the HIRE Vets Medallion Award and thanks them for their commitment to our nation’s veterans,” said Acting Secretary Julie Su“In 2024, we recognize 838 companies that understand that military veterans possess unique skills that strengthen their organizations and our nation’s economy.” 

    Presented annually, the HIRE Vets Medallion Program is the only federal-level program recognizing veteran employment and employers. Employers have hired nearly 370,000 veterans since the program’s inception, including more than 71,000 veterans hired by 2024’s medallion honorees in the past two years.

    “The HIRE Vets Medallion Award is the federal government’s only veteran-hiring award. Recipients must meet high standards and demonstrate significant accomplishments in support of our nation’s veterans,” said Assistant Secretary for Veterans’ Employment and Training James D. Rodriguez. “We appreciate their hard work and commitment to providing our nation’s veterans with meaningful employment.” 

    View the 2024 HIRE Vets Medallion Awards ceremony

    Employers, learn more about the award and how to apply.

    MIL OSI USA News

  • MIL-OSI USA: Building on long history of tech & innovation, California selected as headquarters for the National Semiconductor Technology Center

    Source: US State of California 2

    Nov 1, 2024

    What you need to know: California will be home to a first-of-its-kind research & development facility made possible by the Biden-Harris Administration’s CHIPS & Science Act.

    Los Angeles, California — California took a major step forward in correcting the damage from 50 years of neglect to the state’s mental health system with the passage of Proposition 1. This historic measure — a signature priority of Governor Gavin Newsom — adds rocket fuel to California’s overhaul of the state’s behavioral health systems. It provides a full range of mental health and substance abuse care, with new accountability metrics to ensure local governments deliver for their communities.

    California has long been a leader in global technology and future thinking innovation. With our state’s global talent pool, world-leading universities and research institutions, and top technology companies, it is no surprise California was selected. We often say the future happens here first, and thanks to the Biden-Harris Administration’s announcement, California will continue to shape the coming decades across the most critical sectors of our economy and national security.

    Governor Gavin Newsom

    Why this matters

    The new headquarters facility will lower the barriers to semiconductor prototyping, experimentation, and other R&D activities that will support America’s global strength and leadership in design, materials, and process innovation while enabling a vibrant domestic industry. The DCF  is expected to drive more than $1 billion in research funding and create more than 200 direct jobs over the next 10 years, utilizing California’s global talent and world-leading research and education facilities throughout the Golden State. California’s leadership in the semiconductor industry is key to the Governor’s ‘build more, faster’ infrastructure agenda.

    “We are thrilled that the Department of Commerce and Natcast chose to locate this critically important facility in Sunnyvale, the heart of Silicon Valley, alongside the world’s largest concentration of semiconductor businesses, talent, intellectual property, and investment activity,” said Dee Dee Myers, Senior Economic Advisor to Governor Newsom and Director of the Governor’s Office of Business and Economic Development (GO-Biz). “The Newsom Administration and our partners across the industry know how important it is to shorten the time frame from R&D to commercialization. We are looking forward to a productive partnership with the Department of Commerce and Natcast to ensure that CHIPS for America will be an enduring success not only for our state but for the entire country.”

    About the new headquarters (Design and Collaboration Facility, DCF)

    The DCF will convene semiconductor industry leaders from across the U.S., offering unparalleled engagement and collaboration opportunities to a diverse array of stakeholders across the semiconductor value chain, and will administer the NSTC Design Enablement Gateway, helping drive technological advances in semiconductor design and manufacturing to transfer at scale. The facility will also oversee the NSTC Workforce Center of Excellence to build and sustain the diverse and skilled workforce necessary for the U.S. semiconductor industry to grow. With the largest public higher education system in the U.S., world-class research institutions like UC Berkeley and Stanford, and surrounding national labs, California’s unmatched talent pipeline will foster a dynamic workforce that advances the DCF mission.

    Learn more about today’s announcement here.

    Press Releases, Recent News

    Recent news

    News SACRAMENTO – Governor Gavin Newsom today announced the following appointments:Vickie Sakamoto, of Sacramento, has been appointed Assistant State Fire Marshal at the California Department of Forestry and Fire Protection (CAL FIRE.) Sakamoto has been Assistant…

    News In case you missed it, new analysis from the Public Policy Institute of California (PPIC) found that “violent and property crime rates are less than half of what they were, and property crime is at pre-pandemic levels,” in addition to “savings from less…

    News What you need to know: California is announcing a new state program using $16 million in federal funds to help improve public safety and reduce recidivism by creating long-term supportive housing and support for people exiting incarceration. SACRAMENTO — Governor…

    MIL OSI USA News

  • MIL-OSI USA: Governor Newsom announces appointments 10.31.24

    Source: US State of California 2

    Oct 31, 2024

    SACRAMENTO – Governor Gavin Newsom today announced the following appointments:

    Vickie Sakamoto, of Sacramento, has been appointed Assistant State Fire Marshal at the California Department of Forestry and Fire Protection (CAL FIRE.) Sakamoto has been Assistant Deputy Director at the California Department of Forestry and Fire Protection since 2024 and has served in several positions there since 1989, including Division Chief, Deputy State Fire Marshal – Supervisor, Deputy State Fire Marshal III – Specialist and Deputy State Fire Marshal. Sakamoto was a Fire Prevention Technician at the Florin Fire Protection District from 1986 to 1989. She is a member of Northern California Fire Prevention Officers. This position does not require Senate confirmation and the compensation is $200,004. Sakamoto is a Democrat. 

    Donald Butz, of Carlsbad, has been appointed to the State Board of Fire Services. Butz has been Fire Chief at the Lakeside Fire Protection District since 2016. He was an Instructor at the San Diego County Office of Education from 2013 to 2021. Butz was a Fire Chief at the Viejas Fire Department from 2005 to 2016. He was a Deputy Fire Chief at the Rancho Santa Fe Fire Protection District from 1999 to 2005. Butz is Vice President of the Fire Districts Association of California, an ex officio board member at the American Red Cross, a committee member of the SDG&E Wildfire Safety Community Advisory Council, and a member of the California Fire Chiefs Association and the Fire Agencies Insurance Risk Authority. He earned a Master of Arts degree in Leadership: Disaster Preparedness & Executive Fire Leadership from Grand Canyon University and a Bachelor of Arts degree in Management from the University of Phoenix. This position does not require Senate confirmation and there is no compensation. Butz is registered without party preference. 

    Zoraida Diaz, of Hercules, has been appointed to the State Board of Fire Services. Diaz has been Fire Chief for the City of Fremont since 2023. She was a Deputy Fire Chief at the City of Fremont Fire Department from 2021 to 2023. Diaz was an Assistant Chief of Operations for the Oakland Fire Department from 2020 to 2021. She was Battalion Chief at the City of Oakland Fire Department from 2015 to 2020. Diaz is a member of the International Association of Fire Chiefs and the California Fire Chiefs Association. She earned a Master of Science degree in Rehabilitation Counseling and a Bachelor of Arts degree in Psychology from the State University of New York at Albany. This position does not require Senate confirmation and there is no compensation. Diaz is a Democrat.

    Janet Ruiz, of Oceanside, has been appointed to the State Board of Fire Services. Ruiz has been Director of Strategic Communication at the Insurance Information Institute since 2015. She was Director of Communications at the Fireman’s Fund Insurance Company from 2006 to 2014. Ruiz was a Public Affairs Specialist for State Farm Insurance from 1989 to 2006. She is a member of the Chartered Property Casualty Underwriters Society. Ruiz earned a Bachelor of Science degree in Business Administration and Communications from Thomas Edison State University. This position does not require Senate confirmation and there is no compensation. Ruiz is registered without party preference. 

    Yvette Roland, of Los Angeles, has been reappointed to the State Bar Court of California, where she has served since 2014. Roland was a Partner at Duane Morris LLP from 2006 to 2014 and at Hancock, Rothert & Bunshoft LLP from 1990 to 2005. Roland was an Associate at Baker & Hostetler/McCutchen, Black, Verleger & Shea from 1986 to 1990. She was a Law Clerk for the Honorable Terry J. Hatter, Jr. at the U.S. District Court, Central District of California from 1985 to 1986. Roland was a Law Clerk for the NAACP Legal Defense Fund in 1981. She is a member of the National Council of Lawyer Disciplinary Boards, the California Association of Black Lawyers, the Black Women Lawyers Association of Los Angeles, the Los Angeles County Bar Association, and the John M. Langston Bar Association. Roland earned a Juris Doctor degree from the University of California, Los Angeles School of Law, a Master of Education degree from Stanford University and a Bachelor of Arts degree in History and English from the University of California, Riverside. This position does not require Senate confirmation and the compensation is $222,772. Roland is a Democrat.

    Recent news

    News In case you missed it, new analysis from the Public Policy Institute of California (PPIC) found that “violent and property crime rates are less than half of what they were, and property crime is at pre-pandemic levels,” in addition to “savings from less…

    News What you need to know: California is announcing a new state program using $16 million in federal funds to help improve public safety and reduce recidivism by creating long-term supportive housing and support for people exiting incarceration. SACRAMENTO — Governor…

    News Lo que necesita saber: A fines del 2023, California distribuyó más de $267 millones a las agencias policiales locales y a los fiscales en todo el Estado para combatir los delitos organizados contra la propiedad y el comercio minorista. En los primeros nueve…

    MIL OSI USA News

  • MIL-OSI USA: ICYMI: “Incarceration, violent crime, and property crime rates lower than they were 30 years ago”

    Source: US State of California 2

    Oct 31, 2024

    In case you missed it, new analysis from the Public Policy Institute of California (PPIC) found that “violent and property crime rates are less than half of what they were, and property crime is at pre-pandemic levels,” in addition to “savings from less incarceration.”

    • LESS CRIME: Property crime decreased in 13 of the 17 years between 2007 and 2023; it is now 44% lower than in 2007 and 55% lower than it was 30 years ago. California’s violent crime rate decreased in 9 of the 17 years; it is now 4% lower than it was in 2007 and slightly less than half of what it was 30 years ago.
       
    • MORE SAVINGS: The dramatic decrease in California’s incarcerated population has led to significant savings to the state and county governments. Spending on the state correctional system dropped notably, from 9.4% of the state’s General Fund in 2007 (when the federal three-judge panel was appointed) to 6.7% in 2024.

    “California’s comprehensive effort – utilizing effective and proven tools and strategies – have continually driven down crime rates and saved taxpayer money. We’ll continue to work collaboratively for real results to keep Californians safe.”

    Governor Gavin Newsom

    Graphic attributable to PPIC

    Additionally, the California Highway Patrol just received additional funding to continue their efforts to combat sideshows. 

    Today’s PPIC analysis and CHP investment comes as Governor Newsom announced a CHP partnership with San Bernardino and more than 10,000 arrests have come from the state’s Organized Retail Theft grants.

    Keeping Californians safe

    California has invested over $1.1 billion to fund resources and personnel to fight crime, help locals hire more police, and improve public safety since 2019. In 2023, as part of California’s Real Public Safety Plan, the Governor announced the largest-ever investment to combat organized retail crime in state history, an annual 310% increase in proactive operations targeting organized retail crime, and special operations across the state to fight crime and improve public safety.

    This year, the Governor signed into law the most significant bipartisan legislation to crack down on property crime in modern California history. Building on the state’s robust laws and record public safety funding, these bipartisan bills establish tough new penalties and  additional tools for felony prosecutions to crack down on serial shoplifters, retail thieves, and auto burglars. The Governor also signed into law a bipartisan package of bills to impose stricter penalties, increase accountability, and strengthen law enforcement’s ability to combat sideshows and deter illegal activities such as drifting, street racing, and blocking intersections.

    Recent news

    News What you need to know: California is announcing a new state program using $16 million in federal funds to help improve public safety and reduce recidivism by creating long-term supportive housing and support for people exiting incarceration. SACRAMENTO — Governor…

    News Lo que necesita saber: A fines del 2023, California distribuyó más de $267 millones a las agencias policiales locales y a los fiscales en todo el Estado para combatir los delitos organizados contra la propiedad y el comercio minorista. En los primeros nueve…

    News Lo que necesita saber: El gobernador Newsom anunció 37 nuevas subvenciones por un total de más de $827 millones para ayudar a más de 100 comunidades y organizaciones locales a crear soluciones a largo plazo para abordar el problema de las personas sin hogar. Los…

    MIL OSI USA News

  • MIL-OSI USA: DLNR News Release-The Dream for Maui’s Mother Reef, Oct. 31, 2024

    Source: US State of Hawaii

    DLNR News Release-The Dream for Maui’s Mother Reef, Oct. 31, 2024

    Posted on Oct 31, 2024 in Latest Department News, Newsroom

    DEPARTMENT OF LAND AND NATURAL RESOURCES 

     

    JOSH GREEN, M.D. 
    GOVERNOR 

     

    DAWN CHANG 
    CHAIRPERSON 

     

    NEWS RELEASE 

     

     FOR IMMEDIATE RELEASE 

    Oct. 31, 2024

     

    THE DREAM FOR MAUI’S MOTHER REEF

    First Baby Steps Underway for Summit-to-Sea Restoration

     

    (KAHULUI, MAUI) – Conservationists are often asked to describe their efforts in people terms. When thinking about what’s being called the Summit-to-Sea restoration of the Olowalu Reef on Maui’s southwestern shore, Tamara Farnsworth of The Nature Conservancy (TNC) shares her dream.

     

    “My dream, which was shared by Auntie Wiki Kaluna-Palafox, is to see clear streams running. My dream is to see healthy fisheries developing, to see brighter and more diverse corals on the reef. The really big dream is to see limu return to these shores. I think that’s a wonderful vision for us to work toward, is very abundant limu here back in the ocean and on the shores,” Farnsworth said.

     

    Work to restore what is known as Maui’s mother reef began this week with baby steps. A contractor started collecting soil samples as part of feasibility study for a possible retention basin in Manawaipueo Gulch.

     

    “We’re doing some preliminary work for what is proposed in our NOAA transformational habitat grant,” Farnsworth explains. NOAA awarded $9.9 million to, among other projects, reduce sediment reaching the reef. During runoff periods the ocean turns brown and huge amounts of muddy sediment chokes the extensive Olowalu reef.

     

    “We are looking at ways to capture the sediment before it reaches the ocean. We are taking baby steps to understand if it makes sense at this time, in this place, to possibly build a small retention basin. We’ve done cultural, literature, environmental and scientific reviews. Now we’re taking soil and core samples to help us understand the depth of a potential sediment basin and to understand if it even makes sense,” Farnsworth explained.

     

    TNC is one of numerous partners that will lead various projects in partnership with the DLNR Division of Forestry and Wildlife (DOFAW). Other projects planned during the three-year-long, Summit-to-Sea restoration grant period include:

     

    • Address major sources of erosion
    • Fencing to help control hooved animals
    • Reforestation
    • Riparian habitat restoration (rivers, streams, body of water)
    • Dip tanks for wildland firefighting
    • Additional fire breaks

     

    Separate research and funding is targeted at developing “super reefs.” Rising sea temperatures have caused mass coral bleaching across the Hawaiian Islands, and the super reefs project is aimed at gaining better understanding of coral species that have the best thermal tolerance, meaning those that can tolerate rising temperatures the best.

     

    Continuing the dream, Farnsworth commented, “It hasn’t been that long ago since we saw the kinds of limu population that we hear about from our kūpuna and folks who’ve lived in this area. They remember the limu piling up. They remember limu being part of everybody’s diet just a generation ago.”

     

    Stopping land-based threats is the first step toward the restoration of Maui’s mother reef. The problems exacerbated quickly over time, so project managers say to solve them is a long-term venture.

     

    # # #

    RESOURCES 

    (All images/video courtesy: DLNR) 

     

    HD video – The Dream for Maui’s Mother Reef (web feature)

    https://vimeo.com/1024936516

     

    HD video – Project area and Olowalu reef aerials, retention basin test bores (Oct. 28, 2024):

    https://www.dropbox.com/scl/fi/ci25cv39c3f5u86439uh8/Retention-Basin-Test-Bores-Oct.-28-2024.mov?rlkey=4tmw200jxwe3gcchfh438bb1o&st=4qj4dnoj&dl=0

    HD video – Tamara Farnsworth, The Nature Conservancy SOTs (Oct. 28, 2024):

    https://www.dropbox.com/scl/fi/05pd5hz3ipxia3lu98y6f/Summit-to-Sea-Tamara-Farnsworth-Interview-Oct.-28-2024.mov?rlkey=8vm194ggpo241sl727eecmi35&st=d4na7zxk&dl=0

    (Transcription attached)

    Photographs – Summit-to-Sea retention basin test bores (Oct. 28, 2024):

    https://www.dropbox.com/scl/fo/d6b9cq0o43c3tg17n04s7/AKOCls_yZ0h2Es2zH5LaPjw?rlkey=u0wkyrkukknufksnbwiyvu9ox&st=r07u1y8q&dl=0

     

    Photographs – Summit-to Seam project area ground and aerials:

    https://www.dropbox.com/scl/fo/3dbdmwk1mw4kg3jp59ena/AO7_SgbyXYQ7J_mQSeYY-vs?rlkey=d6l30jexzcdcyoq40zp599grf&st=yx1d9h0l&dl=0

    (Cut sheet attached)

     

     

    Media Contact: 

    Dan Dennison 

    Communications Director 

    808-587-0396 

    [email protected] 

    MIL OSI USA News

  • MIL-OSI: FINNOVATE ACQUISITION CORP. ANNOUNCES REVISED MONTHLY SPONSOR CONTRIBUTION OF $0.05 PER SHARE TO TRUST ACCOUNT FOR PROPOSED EXTENSION AND POSTPONEMENT OF SHAREHOLDER MEETING TO 10:00 AM EASTERN TIME NOVEMBER 6, 2024

    Source: GlobeNewswire (MIL-OSI)

    Boston, MA, Nov. 01, 2024 (GLOBE NEWSWIRE) — Finnovate Acquisition Corp. (“Finnovate” or the “Company”) (Nasdaq: “FNVT”, “FNVTU”, “FNVTW”) announced today that, in connection with the Company’s upcoming extraordinary general meeting of shareholders (the “Special Meeting”) to consider and approve an extension of time for the Company to consummate an initial business combination from November 8, 2024 to May 8, 2025 (the “Extension”), Finnovate Sponsor, L.P. (the “Sponsor”) or its designees have agreed to revise their intended contribution to support the Extension, such that they will contribute to the Company as a loan an aggregate of $0.05 for each Class A ordinary share that is not redeemed, for each calendar month (commencing on November 8, 2024 and on the 8th day of each subsequent month) until May 8, 2025 (each, an “Extension Period”), or portion thereof, that is needed to complete an initial business combination (the “Contribution”). For example, if the Company takes until May 8, 2025 to complete its initial business combination, which would represent six calendar months, the Sponsor or its designees would make aggregate Contributions resulting in a redemption amount of approximately $11.91 per unredeemed share, in comparison to the current redemption amount of $ approximately 11.61 per share.

    Each Contribution will be deposited in the trust account within seven calendar days from the beginning of each Extension Period (or portion thereof), and any Contribution is conditioned upon the implementation of the Extension. No Contribution will occur if the Extension is not approved or is not completed. The amount of each Contribution will not bear interest and will be repayable by the Company to the Sponsor or its designees upon consummation of its initial business combination. The Company will have the sole discretion whether to continue extending for additional calendar months until May 8, 2025. If the Company opts not to utilize any remaining portion of the Extension Period, then the Company will liquidate and dissolve promptly in accordance with its Articles, and its Sponsor’s obligation to make additional contributions will terminate.

    In connection with the above announcement of the Contribution to be made by the Sponsor or its designees if the Extension is approved, the Company is also postponing the Special Meeting from the originally scheduled 10:00 a.m. Eastern time on Friday, November 1, 2024, to 10:00 a.m. Eastern time on Wednesday, November 6, 2024. At the Special Meeting, shareholders will be asked to vote on the proposal to extend the date by which the Company must consummate an initial business combination from November 8, 2024 to May 8, 2025, or such earlier date as determined by the Company’s board of directors.

    As a result of this change, the Special Meeting will now be held at 10:00 a.m., Eastern time, on November 6, 2024, via a live webcast at https://www.cstproxy.com/finnovateacquisition/egm2024. Also as a result of this change, the deadline for holders of the Company’s Class A ordinary shares issued in the Company’s initial public offering to submit their shares for redemption in connection with the Extension, is being extended to 5:00 p.m., Eastern time, on Monday, November 4, 2024.

    The Company plans to continue to solicit proxies from shareholders during the period prior to the Special Meeting. Only the holders of the Company’s ordinary shares as of the close of business on October 2, 2024, the record date for the Special Meeting, are entitled to vote at the Special Meeting.

    About Finnovate Acquisition Corp.

    Finnovate Acquisition Corp. (Nasdaq: FNVT) is a blank check company incorporated in the Cayman Islands with the purpose of acquiring one and more businesses and assets, via a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization.

    Forward-Looking Statements

    This press release includes forward-looking statements that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ from the forward-looking statements. These forward-looking statements and factors that may cause such differences include, without limitation, uncertainties relating to the Company’s shareholder approval of the Extension, its inability to complete an initial business combination within the required time period or, and other risks and uncertainties indicated from time to time in filings with the Securities and Exchange Commission (the “SEC”), including the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 under the heading “Risk Factors” and in other reports the Company has filed, or to be filed, with the SEC. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

    Participants in the Solicitation

    Finnovate and its directors, executive officers, other members of management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies from the securityholders of the Company in favor of the approval of the Extension Proposal. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of the Company’s directors and officers in the Company’s definitive proxy statement filed with the SEC on October 15, 2024 (as may be amended, the “Proxy Statement”), which may be obtained free of charge from the sources indicated above.

    No Offer or Solicitation

    This press release s shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the Extension. This communication shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act or an exemption therefrom.

    Additional Information and Where to Find It

    Finnovate urges investors, shareholders and other interested persons to read the Proxy Statement as well as other documents filed by the Company with the SEC, because these documents will contain important information about the Company and the Extension. Shareholders may obtain copies of the Proxy Statement, without charge, at the SEC’s website at www.sec.gov or by directing a request to: Advantage Proxy, Inc., P.O. Box 10904, Yakima, WA 98909, Attn: Karen Smith.

    INVESTOR RELATIONS CONTACT

    Finnovate Acquisition Corp.
    Calvin Kung
    265 Franklin Street
    Suite 1702
    Boston, MA 02110
    +1 (424) 253-0908

    The MIL Network

  • MIL-OSI USA: McConnell Proud to Confirm Noem as Secretary of Homeland Security

    US Senate News:

    Source: United States Senator for Kentucky Mitch McConnell

    Washington, D.C.U.S. Senator Mitch McConnell (R-KY) issued the following statement today regarding the confirmation of Governor Kristi Noem (R-SD) as U.S. Secretary of Homeland Security: 

    “I was proud to vote for Governor Kristi Noem to serve as Secretary of Homeland Security. Secretary Noem’s familiarity with Congress and her executive experience as Governor of South Dakota will be immediately valuable as she gets to work on an array of domestic security threats, from confronting natural disasters to guarding our coasts to maintaining our cyber security defenses. Foremost among the Department’s complicated missions is addressing the ongoing security and humanitarian crisis at our southern border. The American people handed this Administration a crystal-clear mandate to clean up the mess at our border from the last four years. I look forward to working with Secretary Noem to do just that.”

    MIL OSI USA News

  • MIL-OSI Europe: AMERICA/CHILE – First National Youth Day: “Jesus calls you, do not say no”

    Source: Agenzia Fides – MIL OSI

    Saturday, 25 January 2025

    La Serena (Agenzia Fides) – “Let us all open our hearts. You, especially young people, open your hearts to Jesus. Do it, do not be afraid, because the Lord needs you today, he needs all of us today”. With these words, the Auxiliary Bishop of the Archdiocese of La Serena, Henry Joseph Balzán, addressed the young people gathered for the first National Youth Day in Chile. The Prelate invited the young people to reflect on who the excluded of today are and to become instruments of inclusion and support, following the example of Jesus.“The Lord wants your heart to be ready to help the excluded of today, to seek them, to include them and to extend a hand to them. Jesus has called you, he wants to act through you. Do not say no to him”, said Bishop Balzán.The opening event, attended by thousands of young people, took place on January 22nd and marked the beginning of a series of almost a week of meetings, dialogues of hope, solidarity actions and artistic and cultural events that will take place in the cities of La Serena and Coquimbo until Sunday, January 26th.The opening Mass, presided over by the Auxiliary Bishop of La Serena and con-celebrated by about twenty bishops and as many priests from various dioceses, was accompanied by musical performances. “The musical accompaniment is intended to make the Mass an experience that will remain etched in the hearts of thousands of young people from all over Chile who will come together from Arica to Tierra del Fuego to celebrate faith, fraternity and hope together,” the organizers said in a statement sent to Fides.Bishop Balzán, member of the National Commission for the Day, in his welcoming speech emphasized the fact that the beginning of the day was celebrated on the feast of the young Blessed Laura Vicuña, born in Santiago de Chile, a student at the Institute of the Daughters of Mary Help of Christians, who at the age of thirteen offered her life to God for the conversion of her mother. She was beatified by John Paul II on September 3, 1988. Bishop Balzán, a member of the Youth Day Organizing Committee, stressed in his welcoming speech that this event of the Catholic Church in Chile takes place in the context of the beginning of the Jubilee proclaimed by Pope Francis, whose motto is part of the Youth Day: “National Youth Day 2025: Young Pilgrims of Hope”.After the opening on January 22, the meetings on January 23 focused on the theme “Jesus is our hope”. Today, January 24, has the theme “Witnesses of Hope”, in reference to the solidarity missions carried out by the young people in the midst of the different realities of the parish areas that have welcomed them. Saturday, January 25, has the theme “You are the light on our path”, with the young people gathering for the last Eucharistic celebrations in their parishes before moving to the Lighthouse of La Serena, where the common Eucharistic adoration vigil will be celebrated. Finally, on Sunday 26 May, there will be a day of “celebration and thanksgiving” which will end with a solemn closing mass. (AP) (Agenzia Fides, 25/1/2025)
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    MIL OSI Europe News

  • MIL-OSI USA: Republican Governors Welcome South Dakota Governor Larry Rhoden

    Source: US Republican Governors Association

    The following text contains opinion that is not, or not necessarily, that of MIL-OSI –

    WASHINGTON, D.C. – Republican Governors Association Chair Georgia Governor Brian Kemp issued the following statement welcoming new South Dakota Governor Larry Rhoden to the Republican Governors Association after Governor Kristi Noem was confirmed by the U.S. Senate to serve as the Secretary of Homeland Security:

    “I am proud to welcome South Dakota Governor Larry Rhoden to the ranks of Republican governors across America. Governor Rhoden is a commonsense, conservative rancher with a long record of service to South Dakota – serving in the South Dakota National Guard and as South Dakota’s Lieutenant Governor. Republican governors from across the nation look forward to working with him as we continue in our mission to deliver results for the American people.”

    MIL OSI USA News

  • MIL-OSI USA: Duckworth Joins Fischer, Colleagues in Reintroducing Bipartisan Legislation to Help Improve Passenger Vehicle Safety

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth

    January 24, 2025

    [WASHINGTON, D.C.] – U.S. Senators Tammy Duckworth (D-IL)—a member of the U.S. Senate Committee on Commerce, Science and Transportation (CST)—Deb Fischer (R-NE), Patty Murray (D-WA) and Marsha Blackburn (R-TN) reintroduced bipartisan legislation to help modernize vehicle safety tests by requiring the use of the most advanced testing devices available—including a female crash test dummy. The bipartisan She Develops Regulations In Vehicle Equality and Safety (She DRIVES) Act would help enhance passenger vehicle safety by updating U.S. crashworthiness testing procedures. The bill is estimated to help save more than 1,300 lives, prevent and mitigate tens of thousands of serious injuries and save billions of dollars in economic impact from preventing and mitigating injuries and deaths.

    “We can be doing more to improve our roadways and make sure visiting a family member or a routine trip to the grocery store doesn’t end in tragedy,” said Senator Duckworth. “I’m proud to help reintroduce this bipartisan legislation, which would help mitigate injuries and save lives on our roadways by ensuring our crash test standards better represent the safety needs of all Americans.”

    “Outdated crash testing standards make women 17 percent more likely to be killed in auto crashes than men, but that doesn’t have to be the case. By updating crash test dummy standards, our bill will save thousands of lives and prevent thousands more serious injuries each year,” said Senator Fischer.

    Last December, Duckworth announced more than $2 million in federal funding through the U.S. Department of Transportation (DOT) to improve crash reporting in Illinois to help make our roads as safe as possible and reduce the number of lives lost to car crashes.

    -30-



    MIL OSI USA News

  • MIL-OSI USA: Duckworth Votes Against Pete Hegseth’s Nomination to Serve as Secretary of Defense

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth

    January 24, 2025

    [WASHINGTON, D.C.] – Tonight, combat Veteran and U.S. Senator Tammy Duckworth (D-IL)—a member of the U.S. Senate Armed Services Committee who served 23 years in the Reserve Forces—released the following statement after voting against Pete Hegseth’s nomination to serve as Secretary of Defense. After the U.S. Senate voted 50-50, Hegseth was confirmed by a tie-breaking vote from Vice President JD Vance in favor of his nomination.

    “Throughout his nomination process, Pete Hegseth proved again and again that he does not have the qualifications, the breadth of knowledge or the moral fiber to lead the greatest military on the face of the earth. Managing our nation’s largest and most complex organization, the 3 million personnel who fall under its umbrella and our nearly $900 billion defense budget takes a serious candidate. Yet, it is deeply shameful that tonight—despite shouting from the rooftops that they wanted to bring meritocracy back to our military—nearly every Republican chose to confirm someone who so obviously lacks the merits to serve as our Secretary of Defense. And our brave servicemembers, our military readiness and our national security will pay the price.

    “Not only does Pete Hegseth lack the experience to do the job, the mountain of abuse and sexual misconduct allegations that have come to light further underscores how unfit he is to uphold good order and discipline in our Armed Forces. Rank and file members of our great military would be held accountable for the actions Mr. Hegseth has allegedly committed and would not be able to serve, much less be promoted. It is insulting to ask our servicemembers to uphold the absolute highest standards, only to turn around and lower the standards for Pete Hegseth to lead them.

    “I’m deeply concerned by the message that confirming someone as unqualified as Pete Hegseth is sending to our servicemembers—including the brave women in combat who, unlike Mr. Hegseth, have earned their roles—as well as our adversaries around the world. Our nation deserves better. In the months and years ahead, I will continue to do everything in my power to make sure our Armed Forces are as strong as possible.”

    Last week, Duckworth delivered an impassioned speech on the Senate floor slamming U.S. Secretary of Defense nominee Pete Hegseth for his lack of experience and qualifications to lead the Department of Defense. Speaking next to a framed copy of the Soldier’s Creed—a copy that hangs over her desk in the Senate and hung above her bed during her recovery at Walter Reed Medical Center after the helicopter she co-piloted was shot down—Duckworth underscored that it would be insulting to ask our servicemembers to train and perform to the absolute highest standards if the Senate confirms a Secretary of Defense who is wholly unprepared and unqualified to lead them in any way.

    During his confirmation hearing, Duckworth demonstrated some of the areas where Mr. Hegseth lacks the experience or knowledge that a serious Defense Secretary nominee should have, grilling him on basic questions that he failed to answer. She asked him if he ever led an audit. He would not confirm. She asked him to describe at least one of the main international security agreements a Secretary of Defense is responsible for leading. He could not name any. She asked him to name at least one nation that is a part of ASEAN, an organization with several member states who have mutual defense treaties, alliances or enhanced defense cooperation agreements with the U.S. None of the three countries he named were correct.

    -30-



    MIL OSI USA News

  • MIL-OSI USA: US Department of Labor to cease and desist all investigative and enforcement activity under rescinded Executive Order 11246

    Source: US Department of Labor

    WASHINGTON – Acting Secretary of Labor Vince Micone today transmitted Secretary’s Order 03-2025 to all department employees, directing them to cease and desist all investigative and enforcement activity under the rescinded Executive Order 11246 and the regulations promulgated under it.  

    The order applies to all department employees, including the Office of Federal Contract Compliance Programs, the Office of Administrative Law Judges and the Administrative Review Board. 

    The department no longer has any authority under the rescinded Executive Order 11246 or its regulations.  

    Read Secretary’s Order 03-2025.

    MIL OSI USA News

  • MIL-OSI USA: Fact Sheet: President Donald J. Trump Enforces Overwhelmingly Popular Demand to Stop Taxpayer Funding of Abortion

    US Senate News:

    Source: The White House
    ENFORCING THE HYDE AMENDMENT: On Friday, President Donald J. Trump signed an Executive Order to end the use of Federal taxpayer dollars to fund or promote elective abortion.
    The Order recognizes that, for nearly five decades, Congress has enacted the Hyde Amendment and a series of additional laws to protect taxpayers from being forced to pay for abortion. Contrary to this longstanding commonsense policy, the previous administration embedded federal funding of elective abortion in a wide variety of government programs.
    To restore this longstanding policy, the Order rescinds two executive orders from President Biden that violate the Hyde Amendment:
    Executive Order 14076 imposed a whole-of-government effort to promote and fund abortion and to politicize enforcement of the Freedom of Access to Clinic Entrances (FACE) Act.
    Federal statutes protecting access to emergency medical care for pregnant women under the Emergency Medical Treatment and Labor Act (EMTALA) and protecting personal health information under the Health Insurance Portability and Accountability Act (HIPAA) remain in full effect.

    Executive Order 14079 recategorized abortion as “healthcare” in order to provide taxpayer funding for elective abortions. This included using Medicaid funding to pay for travel costs for elective abortions.

    ENDING FEDERAL FUNDING OF ABORTION OVERSEAS: President Donald J. Trump also signed a Presidential Memorandum reinstating the Mexico City Policy to stop the use of federal taxpayer dollars for abortion overseas.
    The President’s policy from 2017 is reinstated to ensure that no U.S. taxpayer money supports foreign organizations that perform or actively promote abortion in other nations.
    The first Trump Administration also extended this policy to global health assistance. A 2020 report by the United States Agency for International Development found that this life-affirming policy in no way diminished women’s health around the world.
    PROTECTING TAXPAYERS FROM FUNDING ABORTION: For the first time in nearly fifty years, President Trump returned the issue of life to a vote of the people, from within the States.
    Dobbs v. Jackson Women’s Health Organization, 597 U.S. 215 (2022), overturned Roe v. Wade and returned the power to regulate issues of life and safety to the people. Three of the justices deciding the case were appointed by President Trump.
    Federal overreach and taxpayer dollars will no longer force violations of faith and conscience or impede the ability of states to determine life policies through a vote of the people.
    For example, under President Biden, the Department of Defense reimbursed abortion-related travel expenses, the Department of Veterans Affairs allowed hospitals to provide abortions, and the Department of Health and Human Services paid for abortions for illegal immigrants.

    PRESIDENT TRUMP PROMISED AND DELIVERED: President Trump promised to protect and defend a vote of the people, from within the states, on the issue of life. Today’s executive actions build on the long list of accomplishments from the first Trump Administration to support the sanctity of every human life and prevent taxpayer funding of abortion. Select highlights of the first Trump Administration’s work include:
    Reinstated and expanded the Mexico City Policy, ensuring that taxpayer money is not used to fund abortion globally.
    Issued a rule preventing Title X taxpayer funding from subsiding the abortion industry.
    Cut all funding to the United Nations Population Fund, which supports coercive abortion and forced sterilization.
    Signed legislation overturning the previous administration’s regulation that prohibited states from defunding abortion facilities as part of their family planning programs.
    Fully enforced the separate payment requirement for abortion coverage in Obamacare exchange plans.
    Stopped the Federal funding of fetal tissue research.
    Worked to protect healthcare entities and individuals’ conscience rights, ensuring that no medical professional is forced to participate in an abortion in violation of their beliefs.
    Issued an executive order reinforcing the requirement that all hospitals in the United States provide medical treatment or an emergency transfer for infants who are in need of emergency medical care—regardless of prematurity or disability.
    Led a coalition of countries to sign the Geneva Consensus Declaration, declaring that there is no international right to abortion and committing to protecting women’s health.
    First president in history to attend the March for Life.

    MIL OSI USA News

  • MIL-OSI USA: Republican Governors Association Congratulates Secretary of Homeland Security, Kristi Noem

    Source: US Republican Governors Association

    The following text contains opinion that is not, or not necessarily, that of MIL-OSI –

    WASHINGTON, D.C. –Republican Governors Association Chair Georgia Governor Brian Kemp issued the following statement after Kristi Noem was confirmed by the U.S. Senate to serve as the Secretary of Homeland Security:  

    “Congratulations to Homeland Security Secretary Kristi Noem on her confirmation. As governor, Secretary Noem showed a deep commitment to ensure the safety and security of the American people by working to protect our borders, and her leadership at the Department of Homeland Security comes at a critical time.  

     “Republican governors stand with President Trump and Secretary Noem, and we look forward to working together to ensure our borders are secure, our national security is prioritized, and families are safe.

    MIL OSI USA News

  • MIL-OSI USA: Cortez Masto Opposes Pete Hegseth as Secretary of Defense

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto

    Washington, D.C. – Today, U.S. Senator Catherine Cortez Masto voted against the confirmation of Pete Hegseth to be Secretary of the Department of Defense.

    “Instead of addressing legitimate concerns about his qualifications, Pete Hegseth has repeatedly deflected tough questions and failed to demonstrate he has the experience or temperament required for this critical position. We need steady and accountable leadership to lead the world’s best fighting forces. Pete Hegseth should not be that leader.”

    MIL OSI USA News

  • MIL-OSI USA: Cortez Masto Votes Against Confirming Kristi Noem to be DHS Secretary

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto

    Washington, D.C. – U.S. Senator Catherine Cortez Masto voted against the confirmation of Kristi Noem to be the next Secretary of the Department of Homeland Security:

    “The Trump administration’s immigration policies – from ending asylum as we know it to targeting DREAMers, TPS recipients, and U.S. citizen children of immigrants – won’t make Nevadans any safer. We need commonsense border security and real solutions to crack down on drug and human trafficking, not political games. Kristi Noem’s embrace of President Trump’s chaotic agenda will hurt Nevada communities, and I cannot support her confirmation.”

    MIL OSI USA News

  • MIL-OSI USA: ICYMI: Grassley Unpacks First Week of the Trump Administration with Maria Bartiromo

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    WASHINGTON – Sen. Chuck Grassley (R-Iowa), chairman of the Senate Judiciary Committee and former chairman of the Senate Finance Committee, joined Maria Bartiromo’s Wall Street on Fox Business to discuss energy policy, the Senate confirmation process, reconciliation and tax cuts.

    Audio and excerpts of Grassley’s remarks follow.

    [embedded content]

    VIDEO

    On Trump’s actions to unleash American energy:

    ‘I might say about all the actions [President Trump has] taken in the first 48 hours [in office] is like a tornado going through Washington, D.C. This town needs a shakeup, and I think he’s doing it.

    “For decades I’ve always said, ‘The best energy program is all of the above.’ That means all the fossil fuels we need, all the alternative energy we can have, conservation and nuclear. And I think [Trump’s] headed in that right direction. It’s going to have a very strong ripple effect through the entire economy…

    “Every service, every product that we buy has an energy component to it. When we have cheaper energy, we’re going to see cheaper prices paid for almost everything.”

    On the confirmation process:

    “If [Democrats] don’t agree to unanimous consent to bring a nomination up, you’ve got to have a separate vote to bring it up, and then you have unlimited debate. You have to have 51 votes to stop debate, and even after you have 51 votes to stop debate, then there’s 30 hours of debate possible afterwards. If people don’t yield back that time, that stretches out most nominees to a two- or three-day process…

    “This president has a popular mandate and an electoral mandate [that] he’s got to deliver [on]. The Democrats should realize that and let the cabinet people get in place, so this mandate can get underway very quickly. Until you get those cabinet people in their positions, this town doesn’t move as quickly as it otherwise would.”

    On reconciliation:

    “If we have two big, beautiful bills, [President Trump] will still use the same adjectives, only one number will change. We’re going to get the job done either way. I saw the President on Fox News [with Sean Hannity], and he did make clear that he likes one bill, but he says — ‘One bill or two bills, as long as we get the job done, i’s ok with him’… Our meeting at the White House with the House and Senate Republican leadership [this week] was a very productive meeting, and helps move things along very well. And so I’m very hopeful that we’re going to be able to get this mandate delivered very quickly.”

    On renewing the 2017 Trump tax cuts:

    “I think the tax extensions will take a little longer. Of course, we in the Senate have to wait until the House passes a bill, that’s the way the Constitution [approaches] tax legislation. But we’re not going to sit around and wait for the House. Going way back to September, anticipating a big Trump victory, we set up six working groups within the Republicans on the Senate Finance Committee, and we’re well along on the goals that we want to accomplish in the Senate bill.”

    -30-

    MIL OSI USA News

  • MIL-OSI USA: US Senate Confirms Kristi Noem as Secretary of Homeland Security

    Source: US Federal Emergency Management Agency

    Headline: US Senate Confirms Kristi Noem as Secretary of Homeland Security

    ASHINGTON – Today, the United States Senate voted overwhelmingly to confirm Kristi Noem as the 8th Secretary of the Department of Homeland Security in a vote of 59- 34.
    A statement from Secretary Noem on her confirmation is below: 
    “As the Secretary of the Department of Homeland Security, I will work every day to keep all Americans safe and secure. One of my top priorities is achieving President Trump’s mandate from the American people to secure our southern border and fix our broken immigration system. 
    “The Trump Administration will once-again empower our brave men and women in law enforcement to do their jobs and remove criminal aliens and illegal gangs from our country. We will fully equip our intelligence and law enforcement to detect and prevent terror threats and will deliver rapid assistance and disaster relief to Americans in crisis. 
    “I thank President Trump and the US Senate for their trust in me. Together, we will ensure that the United States, once again, is a beacon of freedom, safety, and security for generations to come.” 
    Prior to her confirmation as Secretary of the Department of Homeland Security, Secretary Noem served as South Dakota’s 33rd Governor and first ever female governor.  A rancher, farmer, and small business owner, Noem served in the South Dakota legislature for years and was later elected to serve as South Dakota’s sole member of the U.S. House of Representatives. 

    MIL OSI USA News

  • MIL-OSI USA: Capito Votes to Confirm Noem for Homeland Security Secretary

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito
    WASHINGTON, D.C. – U.S. Senator Shelley Moore Capito (R-W.Va.), a member of the Senate Homeland Security Appropriations Subcommittee, issued the following statement after voting to confirm Governor Kristi Noem to serve as the next Secretary of the U.S. Department of Homeland Security (DHS).
    “On November 5, the American people sent a resounding message – the open border policies of the Biden-Harris administration were a failure and have led them to feel unsafe in their own communities,” Senator Capito said. “We need someone at the helm of the Department of Homeland Security who is going to faithfully execute the law and secure our borders, while balancing the broad responsibilities of DHS that encompass cybersecurity, disaster relief and recovery, and air and coastal security. I believe that Kristi Noem is the person to do it. Having served with Governor Noem in the House of Representatives, I have seen firsthand her tenacity and strength, and I look forward to working with her and the Trump administration make America safe again.”

    MIL OSI USA News

  • MIL-OSI: $TOCKHOLDER ALERT: The M&A Class Action Firm Continues To Investigate The Merger – IPG, VTS, AVTE, MHLD

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Jan. 25, 2025 (GLOBE NEWSWIRE) — Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:

    • The Interpublic Group of Companies, Inc. (NYSE: IPG), relating to the proposed merger with Omnicom Group Inc. Under the terms of the agreement, Interpublic shareholders will own 39.4% of the combined company.

    Click here for more https://monteverdelaw.com/case/interpublic-group-of-companies-inc-ipg/. It is free and there is no cost or obligation to you.

    • Vitesse Energy, Inc. (NYSE: VTS), relating to the proposed merger with Lucero Energy Corp. Under the terms of the agreement, Vitesse stockholders are expected to own approximately 80% of the Company and Lucero shareholders are expected to own 20%.

    Click here for more https://monteverdelaw.com/case/vitesse-energy-inc-vts/. It is free and there is no cost or obligation to you.

    • Aerovate Therapeutics, Inc. (NASDAQ: AVTE), relating to a proposed merger with Jade Biosciences. Under the terms of the agreement, pre-merger Aerovate stockholders are expected to own approximately 1.6% of the combined company, while pre-merger Jade stockholders are expected to own approximately 98.4% of the combined entity.

    Click here for more information https://monteverdelaw.com/case/aerovate-therapeutics-inc-avte/. It is free and there is no cost or obligation to you.

    • Maiden Holdings, Ltd. (NASDAQ: MHLD), relating to the proposed merger with Kestrel Group LLC. Under the terms of the agreement, each issued and outstanding common share of Maiden will be converted into the right to receive one common share in the combined company.

    Click here for more https://monteverdelaw.com/case/maiden-holdings-ltd-mhld/. It is free and there is no cost or obligation to you.

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    About Monteverde & Associates PC

    Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

    No company, director or officer is above the law. If you own common stock in any of the above listed companies and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

    Contact:
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    The MIL Network

  • MIL-OSI USA: Klobuchar Statement on Inspectors General

    US Senate News:

    Source: United States Senator Amy Klobuchar (D-Minn)
    WASHINGTON – Senator Amy Klobuchar issued the following statement on reports that inspectors general from multiple federal agencies have been dismissed: 
    “Independent inspectors general are critical to rooting out waste, fraud, and abuse throughout the federal government—as well as to preventing improper political influence or favoritism. It is alarming that President Trump is firing inspectors general from agencies across the federal government, including the Department of Agriculture, removing critical checks on his power. Now more than ever the responsibility will fall to Congress to conduct oversight and ensure these agencies are working for the American people, not special interests.”

    MIL OSI USA News

  • MIL-OSI USA: Secretary Hegseth’s Message to the Force

    Source: United States Department of Defense

    It is the privilege of a lifetime to lead the warriors of the Department of Defense, under the leadership of our Commander in Chief Donald J. Trump. We will put America First, and we will never back down.
     
    The President gave us a clear mission: achieve Peace through Strength. We will do this in three ways — by restoring the warrior ethos, rebuilding our military, and reestablishing deterrence.   
     
    o    We will revive the warrior ethos and restore trust in our military.  We are American warriors. We will defend our country.  Our standards will be high, uncompromising, and clear. The strength of our military is our unity and our shared purpose.  
     
    o    We will rebuild our military by matching threats to capabilities. This means reviving our defense industrial base, reforming our acquisition process, passing a financial audit, and rapidly fielding emerging technologies. We will remain the strongest and most lethal force in the world. 
     
    o    We will reestablish deterrence by defending our homeland — on the ground and in the sky. We will work with allies and partners to deter aggression in the Indo-Pacific by Communist China, as well as supporting the President’s priority to end wars responsibly and reorient to key threats. We will stand by our allies — and our enemies are on notice.
     
    All of this will be done with a focus on lethality, meritocracy, accountability, standards, and readiness.
     
    I have committed my life to warfighters and their families.  Just as my fellow soldiers had my back on the battlefield, know that I will always have your back. We serve together at a dangerous time.  Our enemies will neither rest nor relent.  And neither will we.  We will stand shoulder to shoulder to meet the urgency of this moment.    
     
    Like each of you, I love my country and swore an oath to defend the Constitution. We will do that each and every day, as one team.  Together we will accomplish the President’s mission to deter war, and if necessary, defeat and destroy our enemies. Godspeed!

    MIL OSI USA News

  • MIL-OSI USA: Senate Confirms Kristi Noem as Secretary of the Department of Homeland Security

    US Senate News:

    Source: United States Senator Kevin Cramer (R-ND)

    WASHINGTON, D.C. – By a vote of 59 to 34, the United States Senate confirmed Kristi Noem as Secretary of the Department of Homeland Security (DHS). U.S. Senator Kevin Cramer (R-ND) voted in support of her nomination. Noem and Cramer served in the U.S. House of Representatives together for three terms. The South Dakota Governor asked Cramer to serve as her Senate “Sherpa,” helping her navigate the confirmation process.

    “Kristi Noem is tough and determined, and the right person to implement President Trump’s number one promise to the American people,” said Cramer. “We need her leadership now more than ever to crack down on illegal immigration, stop the devastating flow of drugs, secure our borders, and restore safety to communities across the nation. I applaud the Senate for swiftly confirming her nomination, and I look forward to working with my friend and fellow Dakotan to Make America Safe Again.”

    Cramer joined Senate Majority Leader John Thune in introducing Noem during the Senate Homeland Security and Governmental Affairs Committee hearing, advocating for her qualifications and experience. In his introduction Cramer said, “Securing the homeland is our first Constitutional priority. It is the number one priority of the voters, and it is the top priority for President Trump. Naturally, he asked the toughest, smartest, most capable protector he knows, Kristi Noem, to lead DHS. She’s a rancher, mom, and grandmother from the prairies who knows how to protect her own.”

    Last week, Noem’s nomination passed out of committee with a 13-2 vote. During her confirmation hearing, Cramer highlighted the overwhelming support for Noem’s leadership, pointing to letters of endorsement from key stakeholders, including leaders from the Standing Rock Sioux Tribe located in North Dakota and South Dakota, who emphasized the importance of her commitment to strengthening national security and community safety.

    MIL OSI USA News

  • MIL-OSI USA News: White House Statement on Hostage Release

    Source: The White House

    “Today the world celebrates as President Trump secured the release of four more Israeli hostages who were, for far too long, held against their will by Hamas in horrific conditions. The United States will continue with its great partner Israel to push for the release of all remaining hostages and the pursuit of peace throughout the region.”  

    MIL OSI USA News

  • MIL-OSI: BexBack Revolutionizes Crypto Trading: 100% Deposit Bonus, $50 Welcome Bonus, 100x Leverage and No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Jan. 25, 2025 (GLOBE NEWSWIRE) — With Bitcoin prices stabilizing around $100,000, analysts predict a high-volatility phase in the market. To help traders seize this opportunity, BexBack Exchange introduces an exceptional promotional package: a 100% deposit bonus, a $50 welcome bonus for new users, and 100x leverage on cryptocurrency trading. Plus, with a No KYC policy, BexBack ensures a private and seamless trading experience.

    Key Features of BexBack

    1. 100% Deposit Bonus
      Double your trading capital. For example, deposit 1 BTC and get an additional 1 BTC to enhance your trading potential.
    2. $50 Welcome Bonus
      New users can earn a $50 bonus after their first trade—making your entry into the market even more rewarding.
    3. 100x Leverage
      Amplify your trading power with minimal capital. For instance, a $100,000 trade requires just 1 BTC.
    4. No KYC Required
      Trade instantly with just an email. No complex identity verification processes.
    5. Transparent Fees
      Zero spreads, no slippage, and simple fee structures make trading cost-effective.
    6. Accessible Platforms
      Trade anywhere, anytime with feature-rich Web and mobile platforms.
    7. Global Support
      Trusted by over 200,000 traders worldwide, BexBack accepts users from the US, Canada, and Europe, and operates under a US MSB license.

    About BexBack

    Headquartered in Singapore with offices in Hong Kong, Japan, the US, the UK, and Argentina, BexBack is a top-tier cryptocurrency derivatives platform. It offers perpetual contracts for BTC, ETH, ADA, SOL, and XRP with up to 100x leverage. The platform provides seamless trading, multilingual 24/7 customer support, and a commitment to user privacy and convenience.

    Don’t Wait—Join BexBack Today!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up today on BexBack to claim your bonuses and start trading with the tools you need to succeed in the new era of cryptocurrency trading.

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/a20de775-a945-4527-8e89-273ea439fc8e
    https://www.globenewswire.com/NewsRoom/AttachmentNg/ff51fee0-b60d-474b-a46b-36ee53da42be
    https://www.globenewswire.com/NewsRoom/AttachmentNg/0be5df38-7510-49be-9f2b-bfda37568bef
    https://www.globenewswire.com/NewsRoom/AttachmentNg/37f99679-8657-4f65-a4d9-c1cae3b7603b

    The MIL Network

  • MIL-OSI USA: Possible Rainfall Poses New Concerns for Wildfire Survivors

    Source: US Federal Emergency Management Agency

    Headline: Possible Rainfall Poses New Concerns for Wildfire Survivors

    Possible Rainfall Poses New Concerns for Wildfire Survivors

    LOS ANGELES – Wildfires have burned through more than 50,000 acres of Los Angeles County since January 7. Now, weather authorities are forecasting possible rain showers for the weekend. It may be a good time for residents of areas impacted by the wildfires to prepare for the hazardous by-products of fire and rain: flooding, debris flows and mudslides. Large-scale Wildfires Can Lead to Flooding and Debris Flows Where intense fires occur, soils can develop a top layer that repels water due to charred remnants of organic material. Normally, live vegetation sucks up rain, reducing runoff, but wildfires leave the ground barren. Unable to absorb the rain, the soil succumbs to flooding. The flood risk can remain elevated from two to five years. Debris flows are fast-moving slurries of material — water, rock, soil, vegetation, and even boulders and trees — that rush downhill. Mudslides flow down slopes that become saturated and collapse. Californians who live downhill or downstream from burnt areas are at the greatest risk for dangerous debris flows. Even smaller debris flows can be dangerous.What Individuals in Burn-scarred Areas Can DoPost-fire flooding can be unpredictable because surface changes from the fire are not always obvious. Wildfire survivors should learn to recognize the signs of coming flood events: soil that is crunchy to walk on; increased slope erosion; or even unusual sounds from the surrounding terrain — mudslides and debris flows can be loud.  When the rain comes:With rain in the forecast, elevate your valuables to higher points in your home, pack a “go-bag” and make an exit plan.Watch where the water goes. If you see gullies, rapid flooding, debris flows or mudslides in your area, check local media for alerts and prepare to evacuate. The California Governor’s Office of Emergency Services (Cal OES) actively monitors flooding activity and issues alerts when an area is at risk. Avoid debris; it can include sharp and heavy hidden objects that can cause serious injury and worse. Heed the guidance of local authorities. With flooding events come health hazards, including broken utility lines and disrupted infrastructure. Sign up for local emergency alerts.Just one inch of floodwater can cause costly damage to your home, but most homeowners insurance does not cover flood damage. You may consider purchasing flood insurance from the National Flood Insurance Program (NFIP), which is managed by FEMA. You can purchase flood insurance coverage at any time. However, there is a 30-day waiting period after you’ve paid the premium before the policy becomes effective. For more information about the NFIP, visit fema.gov/flood-insurance or call 877-336-2627.
    barbara.murien…
    Sat, 01/25/2025 – 13:49

    MIL OSI USA News