NewzIntel.com

Category: Americas

  • MIL-OSI: WTF Rings Nasdaq Bell, Preparing to Provide Brokerage Services to AIs

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 07, 2025 (GLOBE NEWSWIRE) — Waton Financial Limited (NASDAQ: WTF) (“Waton” or the “Company”), a holding company registered in the British Virgin Islands and engaged primarily in securities brokerage and fintech services through its Hong Kong subsidiaries, Waton Securities International Limited and Waton Technology International Limited, today commemorated its recent initial public offering by ringing the opening bell at the Nasdaq Stock Market in New York.

    Waton’s ordinary shares began trading on the Nasdaq under the ticker symbol “WTF” on April 1, 2025.

    “This is a defining moment for Waton,” said Mr. Kai Zhou, Chairman of the Board of Waton Financial Limited. “Our Nasdaq listing marks both a recognition of our team’s work and the beginning of a new chapter in our evolution. We remain focused on long-term value creation for our customers, shareholders, and broader society.”

    Launch of a Global AI Strategy

    During the ceremony, Waton Financial Limited introduced its global AI strategy, signaling a long-term vision to transition from a broker-serving model to exploring how it may serve AI-based entities. This strategic initiative aims to evaluate the integration of advanced AI technologies across Waton’s operations, with the goal of evolving how products and services are delivered in an increasingly digitized financial ecosystem.

    “Our aspiration is to become a pioneer in offering brokerage infrastructure that supports AI-driven participants,” said Mr. Kai Zhou, Chairman of the Board of the Company. “We believe AI is emerging as a new category of economic agent, and we are beginning to explore how financial institutions may one day support such entities responsibly, in parallel with human clients.”

    FORWARD-LOOKING STATEMENTS

    Certain statements in this press release constitute “forward-looking statements” within the meaning of federal securities laws, including, but not limited to statements regarding plans, objectives, strategies, future events, performance, and underlying assumptions and other statements that are not historical facts. 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, which may affect the Company’s financial condition, operating results, business strategy, and capital needs. Investors can identify these forward-looking statements by words such as “believe,” “plan,” “expect,” “intend,” “should,” “seek,” “estimate,” “will,” “target,” “anticipate,” or similar expressions. Except as required by law, the Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances or changes in its expectations. While the Company believes the expectations reflected in these forward-looking statements are reasonable, it cannot guarantee these expectations will prove correct and cautions investors that actual results may differ materially from anticipated results, and encourages investors to review the Company’s registration statements and other filings with the U.S. Securities and Exchange Commission for additional factors that could affect its future performance.

    ABOUT WATON FINANCIAL LIMITED (“WATON”)

    Waton Financial Limited is a holding company registered in the British Virgin Islands, conducting business primarily through its wholly-owned subsidiaries in Hong Kong. Waton offers comprehensive financial services, including securities brokerage, asset management, and software licensing to retail and institutional investors. Driven by technology and a customer-centric philosophy, Waton is committed to delivering innovative and reliable financial solutions.

    CONTACTS

    Media Inquiries
    pr@waton.com

    Investor Relations
    ir@waton.com
    Waton Financial Limited

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/fb0da1ed-da9c-4b1e-a58c-db19d2b337ae

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9df492d7-3e3c-4b4b-b0b5-92963328759e

    The MIL Network –

  • MIL-OSI: WTF Rings Nasdaq Bell, Preparing to Provide Brokerage Services to AIs

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 07, 2025 (GLOBE NEWSWIRE) — Waton Financial Limited (NASDAQ: WTF) (“Waton” or the “Company”), a holding company registered in the British Virgin Islands and engaged primarily in securities brokerage and fintech services through its Hong Kong subsidiaries, Waton Securities International Limited and Waton Technology International Limited, today commemorated its recent initial public offering by ringing the opening bell at the Nasdaq Stock Market in New York.

    Waton’s ordinary shares began trading on the Nasdaq under the ticker symbol “WTF” on April 1, 2025.

    “This is a defining moment for Waton,” said Mr. Kai Zhou, Chairman of the Board of Waton Financial Limited. “Our Nasdaq listing marks both a recognition of our team’s work and the beginning of a new chapter in our evolution. We remain focused on long-term value creation for our customers, shareholders, and broader society.”

    Launch of a Global AI Strategy

    During the ceremony, Waton Financial Limited introduced its global AI strategy, signaling a long-term vision to transition from a broker-serving model to exploring how it may serve AI-based entities. This strategic initiative aims to evaluate the integration of advanced AI technologies across Waton’s operations, with the goal of evolving how products and services are delivered in an increasingly digitized financial ecosystem.

    “Our aspiration is to become a pioneer in offering brokerage infrastructure that supports AI-driven participants,” said Mr. Kai Zhou, Chairman of the Board of the Company. “We believe AI is emerging as a new category of economic agent, and we are beginning to explore how financial institutions may one day support such entities responsibly, in parallel with human clients.”

    FORWARD-LOOKING STATEMENTS

    Certain statements in this press release constitute “forward-looking statements” within the meaning of federal securities laws, including, but not limited to statements regarding plans, objectives, strategies, future events, performance, and underlying assumptions and other statements that are not historical facts. 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, which may affect the Company’s financial condition, operating results, business strategy, and capital needs. Investors can identify these forward-looking statements by words such as “believe,” “plan,” “expect,” “intend,” “should,” “seek,” “estimate,” “will,” “target,” “anticipate,” or similar expressions. Except as required by law, the Company does not undertake any obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances or changes in its expectations. While the Company believes the expectations reflected in these forward-looking statements are reasonable, it cannot guarantee these expectations will prove correct and cautions investors that actual results may differ materially from anticipated results, and encourages investors to review the Company’s registration statements and other filings with the U.S. Securities and Exchange Commission for additional factors that could affect its future performance.

    ABOUT WATON FINANCIAL LIMITED (“WATON”)

    Waton Financial Limited is a holding company registered in the British Virgin Islands, conducting business primarily through its wholly-owned subsidiaries in Hong Kong. Waton offers comprehensive financial services, including securities brokerage, asset management, and software licensing to retail and institutional investors. Driven by technology and a customer-centric philosophy, Waton is committed to delivering innovative and reliable financial solutions.

    CONTACTS

    Media Inquiries
    pr@waton.com

    Investor Relations
    ir@waton.com
    Waton Financial Limited

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/fb0da1ed-da9c-4b1e-a58c-db19d2b337ae

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9df492d7-3e3c-4b4b-b0b5-92963328759e

    The MIL Network –

  • MIL-OSI: Canoe EIT Income Fund Announces July 2025 Monthly Distribution

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, July 07, 2025 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the July 2025 monthly distribution of $0.10 per unit. Unitholders of record on July 22, 2025, will receive distributions payable on August 15, 2025.

    About Canoe EIT Income Fund
    Canoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbol EIT.UN, and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial.

    About Canoe Financial
    Canoe Financial is one of Canada’s fastest growing independent mutual fund companies managing approximately $20.0 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal.

    For further information, please contact:
    Investor Relations
    1–877–434–2796
    www.canoefinancial.com
    info@canoefinancial.com

    Not for Distribution to U.S. Newswire Services or for Dissemination in the United States of America.

    The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit. A ROC reduces the amount of your original investment and may result in the return to you of the entire amount of your original investment. ROC that is not reinvested will reduce the net asset value of the fund, which could reduce the fund’s ability to generate future income. You should not draw any conclusions about the fund’s investment performance from the amount of this distribution.

    Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the information filed about the fund on www.sedar.com before investing. Investment funds are not guaranteed and past performance may not be repeated.

    This communication is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Such an offer can only be made by way of a prospectus or other applicable offering document and should be read carefully before making any investment. This release is for information purposes only. Investors should consult their Investment Advisor for details and risk factors regarding specific strategies and various investment products.

    The MIL Network –

  • MIL-OSI: Canoe EIT Income Fund Announces July 2025 Monthly Distribution

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, July 07, 2025 (GLOBE NEWSWIRE) — Canoe EIT Income Fund (the “Fund”) (TSX – EIT.UN) announces the July 2025 monthly distribution of $0.10 per unit. Unitholders of record on July 22, 2025, will receive distributions payable on August 15, 2025.

    About Canoe EIT Income Fund
    Canoe EIT Income Fund is one of Canada’s largest closed-end investment funds, designed to maximize monthly distributions and capital appreciation by investing in a broadly diversified portfolio of high quality securities. The Fund is listed on the TSX under the symbol EIT.UN, and is actively managed by Robert Taylor, Senior Vice President and Chief Investment Officer, Canoe Financial.

    About Canoe Financial
    Canoe Financial is one of Canada’s fastest growing independent mutual fund companies managing approximately $20.0 billion in assets across a diversified range of award-winning investment solutions. Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial has a significant presence across Canada, including offices in Calgary, Toronto and Montreal.

    For further information, please contact:
    Investor Relations
    1–877–434–2796
    www.canoefinancial.com
    info@canoefinancial.com

    Not for Distribution to U.S. Newswire Services or for Dissemination in the United States of America.

    The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit. A ROC reduces the amount of your original investment and may result in the return to you of the entire amount of your original investment. ROC that is not reinvested will reduce the net asset value of the fund, which could reduce the fund’s ability to generate future income. You should not draw any conclusions about the fund’s investment performance from the amount of this distribution.

    Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the information filed about the fund on www.sedar.com before investing. Investment funds are not guaranteed and past performance may not be repeated.

    This communication is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Such an offer can only be made by way of a prospectus or other applicable offering document and should be read carefully before making any investment. This release is for information purposes only. Investors should consult their Investment Advisor for details and risk factors regarding specific strategies and various investment products.

    The MIL Network –

  • MIL-OSI: Rich Sparkle Holdings Limited Announces Pricing of Approximately $5 Million Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, July 07, 2025 (GLOBE NEWSWIRE) — Rich Sparkle Holdings Limited (NASDAQ: ANPA) (the “Company”), a financial printing and corporate services provider which specializes in designing and printing high quality financial print materials in Hong Kong, today announced the pricing of its initial public offering (“Offering”) of 1,250,000 ordinary shares at a public offering price of $4.00 per share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on July 8, 2025 under the ticker symbol “ANPA.”

    The Company expects to receive aggregate gross proceeds of approximately $5 million from this Offering, before deducting underwriting discounts and other related expenses. Proceeds from the Offering will be used for the incorporation of generative AI features into the Company’s service modules; the setting up of new branches and offices in the U.S. and to recruit suitable and appropriate staffs to support the Company’s expansion; potential strategic alliances with other industry players; and working capital and for other general corporate purposes.

    The Offering is being conducted on a firm commitment basis. Eddid Securities USA Inc. acted the underwriter (the “Underwriter”) for the Offering. Loeb & Loeb LLP acted as counsel to the Company, and Sichenzia Ross Ference Carmel LLP acted as counsel to the Underwriter in connection with the Offering.

    A registration statement on Form F-1 relating to the Offering was filed with the Securities and Exchange Commission (“SEC”) (File Number: 333-285592) and was declared effective by the SEC on June 27, 2025. The Offering is being made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering may be obtained from Eddid Securities USA Inc., 40 Wall Street, Suite 1606, New York, NY 10005. In addition, a copy of the prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov.

    Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more complete information about the Company and the Offering. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation, or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

    About Rich Sparkle Holdings Limited

    Rich Sparkle Holdings Limited is a financial printing and corporate services provider which specializes in designing and printing high quality financial print materials in Hong Kong. Its service portfolio covers a myriad of deliverables, mainly including listing documents, financial reports, fund documents, circulars and announcements. The Company offers to its customers a wide range of convenient and quality financial printing services, from typesetting, proofreading, translation, design and printing. In addition, it also offered advisory services such as conducting internal control assessment and environmental, social and governance performance evaluation as well as other services including provision of co-working space at its leased office.

    Forward-Looking Statements

    All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company’s proposed Offering. 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 the Company believes may affect its financial condition, results of operations, business strategy, and financial needs, including the expectation that the Offering will be successfully completed. 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. The Company undertakes no obligation to update 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 and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

    For more information, please contact:

    Rich Sparkle Holdings Limited
    Matthew Chan, CEO
    mc@anpa.com.hk

    The MIL Network –

  • MIL-OSI: Rich Sparkle Holdings Limited Announces Pricing of Approximately $5 Million Initial Public Offering

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, July 07, 2025 (GLOBE NEWSWIRE) — Rich Sparkle Holdings Limited (NASDAQ: ANPA) (the “Company”), a financial printing and corporate services provider which specializes in designing and printing high quality financial print materials in Hong Kong, today announced the pricing of its initial public offering (“Offering”) of 1,250,000 ordinary shares at a public offering price of $4.00 per share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on July 8, 2025 under the ticker symbol “ANPA.”

    The Company expects to receive aggregate gross proceeds of approximately $5 million from this Offering, before deducting underwriting discounts and other related expenses. Proceeds from the Offering will be used for the incorporation of generative AI features into the Company’s service modules; the setting up of new branches and offices in the U.S. and to recruit suitable and appropriate staffs to support the Company’s expansion; potential strategic alliances with other industry players; and working capital and for other general corporate purposes.

    The Offering is being conducted on a firm commitment basis. Eddid Securities USA Inc. acted the underwriter (the “Underwriter”) for the Offering. Loeb & Loeb LLP acted as counsel to the Company, and Sichenzia Ross Ference Carmel LLP acted as counsel to the Underwriter in connection with the Offering.

    A registration statement on Form F-1 relating to the Offering was filed with the Securities and Exchange Commission (“SEC”) (File Number: 333-285592) and was declared effective by the SEC on June 27, 2025. The Offering is being made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering may be obtained from Eddid Securities USA Inc., 40 Wall Street, Suite 1606, New York, NY 10005. In addition, a copy of the prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov.

    Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more complete information about the Company and the Offering. This press release does not constitute an offer to sell, or the solicitation of an offer to buy any of the Company’s securities, nor shall such securities be offered or sold in the United States absent registration or an applicable exemption from registration, nor shall there be any offer, solicitation, or sale of any of the Company’s securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction.

    About Rich Sparkle Holdings Limited

    Rich Sparkle Holdings Limited is a financial printing and corporate services provider which specializes in designing and printing high quality financial print materials in Hong Kong. Its service portfolio covers a myriad of deliverables, mainly including listing documents, financial reports, fund documents, circulars and announcements. The Company offers to its customers a wide range of convenient and quality financial printing services, from typesetting, proofreading, translation, design and printing. In addition, it also offered advisory services such as conducting internal control assessment and environmental, social and governance performance evaluation as well as other services including provision of co-working space at its leased office.

    Forward-Looking Statements

    All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company’s proposed Offering. 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 the Company believes may affect its financial condition, results of operations, business strategy, and financial needs, including the expectation that the Offering will be successfully completed. 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. The Company undertakes no obligation to update 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 and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

    For more information, please contact:

    Rich Sparkle Holdings Limited
    Matthew Chan, CEO
    mc@anpa.com.hk

    The MIL Network –

  • MIL-OSI: Jennifer Wolfenbarger Joins Franklin Electric as Chief Financial Officer, Bringing Extensive Financial Leadership in Global Operations

    Source: GlobeNewswire (MIL-OSI)

    FORT WAYNE, Ind., July 07, 2025 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that Jennifer Wolfenbarger has been appointed Chief Financial Officer (CFO) and Chief Accounting Officer. As a core member of the executive leadership team, Wolfenbarger will help shape the company’s financial future by enabling growth and overseeing fiscal accountability for the entire organization.

    Wolfenbarger has served in divisional CFO roles at some of the country’s most recognizable and growth-minded manufacturing companies, including Caterpillar, Stryker and most recently Owens Corning. In her role at Owens Corning, Wolfenbarger oversaw strategic planning, investor relations, compliance and financial reporting for the company’s $4 billion global insulation business. This included 50 manufacturing and distribution sites around the world.

    “Jennifer’s experience is exceptional, and we could not have selected a more well-rounded and dynamic candidate to fill this position,” said Joe Ruzynski, CEO of Franklin Electric. “She is value-driven to the core, and her passion for implementing continuous improvement will be an incredible asset to our people, our shareholders and our customers.”

    Throughout Wolfenbarger’s career, she has lent her financial expertise to her community, serving as the Treasurer on three not-for-profit boards. While at Owens Corning, she was the executive sponsor for the company’s Latin America Women’s Initiative Network, and she often mentors at Indiana University’s Kelley School of Business, providing professional guidance. Her career has taken her to the United Kingdom, Brazil, the Netherlands, Maryland, Michigan, South Carolina, Georgia, Illinois and Ohio. She is excited to be returning to her Indiana roots in her new role and will be relocating to the Fort Wayne area.

    “This is an incredible opportunity to support Franklin Electric’s commitment to growth and innovation,” said Wolfenbarger. “I’m thrilled to work alongside a highly talented and dedicated global team that values collaboration, teamwork, growth and development.”

    About Franklin Electric
    Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. Recognized as a technical leader in its products and services, Franklin Electric serves customers worldwide in residential, commercial, agricultural, industrial, municipal, and fueling applications. Franklin Electric is proud to be recognized in Newsweek’s lists of America’s Most Responsible Companies 2024, Most Trustworthy Companies 2024, and Greenest Companies 2025; Best Places to Work in Indiana 2024; and America’s Climate Leaders 2024 by USA Today.

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein, including those relating to market conditions or the Company’s financial results, costs, expenses or expense reductions, profit margins, inventory levels, foreign currency translation rates, liquidity expectations, business goals and sales growth, involve risks and uncertainties, including but not limited to, risks and uncertainties with respect to general economic and currency conditions, various conditions specific to the Company’s business and industry, weather conditions, new housing starts, market demand, competitive factors, changes in distribution channels, supply constraints, effect of price increases, raw material costs, technology factors, integration of acquisitions, litigation, government and regulatory actions, the Company’s accounting policies, future trends, epidemics and pandemics, and other risks which are detailed in the Company’s Securities and Exchange Commission filings, included in Item 1A of Part I of the Company’s Annual Report on Form 10-K for the fiscal year ending December 31, 2024, Exhibit 99.1 attached thereto and in Item 1A of Part II of the Company’s Quarterly Reports on Form 10-Q. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements.

    Contact:   Jill Hart
        Franklin Electric Co., Inc.
        260.824.2900

    The MIL Network –

  • MIL-OSI: Franklin Electric Appoints Daniela Williams as Chief Human Resources Officer to Lead Talent and Culture Strategy

    Source: GlobeNewswire (MIL-OSI)

    FORT WAYNE, Ind., July 07, 2025 (GLOBE NEWSWIRE) — Franklin Electric Co., Inc. (NASDAQ: FELE) announced that Daniela Williams will join its executive leadership team as Chief Human Resources Officer (CHRO), bringing a proven track record of driving growth for global organizations.

    In her new role, Williams will be setting the strategic direction for talent acquisition and management at Franklin Electric, overseeing all aspects of employee relations, compensation, benefits, development and compliance. She will serve on the Company’s executive leadership team, reporting to the CEO.

    “Daniela has a well-established reputation for leading and managing talent at a global scale,” said Joe Ruzynski, CEO of Franklin Electric. “Her expertise spans HR technology, talent development, analytics and global workforce strategy, and she’ll play a critical role in ensuring we are organized to serve our customers well into the future. We are thrilled to have Daniela join Franklin Electric and lead our Human Resource team as we invest in our people and processes to drive our growth initiatives.”

    Williams joins Franklin Electric with an extensive resume of leading people and culture at top automotive supply and manufacturing companies. In her previous role at automotive technology firm Visteon Corporation, Williams oversaw all HR functions and global talent acquisition. She also launched the company’s first Women’s Leadership Program with a focus on accelerating leadership skills across the company to ensure a pipeline of leaders ready to drive the business forward. Throughout her career, she has used her talents to lead outreach efforts, including mentoring programs as well as serving on the Advisory Council for Project Pathways, a STEM program for Detroit public schools.

    “My focus has always been on supporting decisions that contribute to growth, profitability, building great teams, and long‑term success,” said Williams. “Franklin Electric is clearly an organization dedicated to fostering talent, and I’m excited to bring my experience in workforce strategies to this innovative organization.”

    About Franklin Electric
    Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and energy. Recognized as a technical leader in its products and services, Franklin Electric serves customers worldwide in residential, commercial, agricultural, industrial, municipal, and fueling applications. Franklin Electric is proud to be recognized in Newsweek’s lists of America’s Most Responsible Companies 2024, Most Trustworthy Companies 2024, and Greenest Companies 2025; Best Places to Work in Indiana 2024; and America’s Climate Leaders 2024 by USA Today.

    “Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein, including those relating to market conditions or the Company’s financial results, costs, expenses or expense reductions, profit margins, inventory levels, foreign currency translation rates, liquidity expectations, business goals and sales growth, involve risks and uncertainties, including but not limited to, risks and uncertainties with respect to general economic and currency conditions, various conditions specific to the Company’s business and industry, weather conditions, new housing starts, market demand, competitive factors, changes in distribution channels, supply constraints, effect of price increases, raw material costs, technology factors, integration of acquisitions, litigation, government and regulatory actions, the Company’s accounting policies, future trends, epidemics and pandemics, and other risks which are detailed in the Company’s Securities and Exchange Commission filings, included in Item 1A of Part I of the Company’s Annual Report on Form 10-K for the fiscal year ending December 31, 2024, Exhibit 99.1 attached thereto and in Item 1A of Part II of the Company’s Quarterly Reports on Form 10-Q. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements.

    Contact:   Jill Hart
        Franklin Electric Co., Inc.
        260.824.2900

    The MIL Network –

  • MIL-OSI USA: Murkowski Releases Statement on Budget Reconciliation Bill

    US Senate News:

    Source: United States Senator for Alaska Lisa Murkowski
    07.02.25
    Washington, DC – U.S. Senator Lisa Murkowski (R-Alaska) today released the following statement on H.R. 1, the budget reconciliation bill:
    “This was one of the hardest votes I have taken during my time in the Senate.
    “My goal throughout the reconciliation process has been to make a bad bill better for Alaska, and in many ways, we have done that. In addition to extending pro-growth tax cuts, a larger child tax credit, and no tax on tips or overtime, we made a historic investment and modernization of the Coast Guard; enhanced our border security and national defense; funded aviation safety, including AWOS/VWOS systems that will save lives; and provided tax-exempt status for the Community Development Quota Program to help western Alaska communities establish a sustainable economy, among other provisions.
    “We have advanced new opportunities for resource development in the NPR-A, the Coastal Plain, and Cook Inlet that will help us create jobs and increase the share of revenues our state receives. I also co-led the Senate effort to restore a slightly longer phase-out for wind and solar tax credits while deleting a punitive excise tax targeting them.
    “Those provisions will benefit our economy, but it is the people of Alaska that I worry about the most, especially when it comes to the potential loss of social safety net programs—Medicaid coverage and SNAP benefits—that our most vulnerable populations rely on.
    “To address the bill’s shortcomings, we have helped our communities through a $50 billion rural health fund. This will mean hundreds of millions of dollars for Alaska hospitals, community health centers, and other providers. We secured commitments from the CMS Administrator to continue to address longstanding priorities which will directly help Bartlett, Fairbanks Memorial, Central Peninsula, and other hospitals in Alaska.
    “In the SNAP program, we have added tribal exemptions for work requirements, delayed cost-share penalties to help Alaska get benefits to the people who need them, and included work requirement waivers that align with our Medicaid policies. We also secured commitments from the Secretary of Agriculture to provide additional flexibilities to Alaska for SNAP.
    “But, let’s not kid ourselves. This has been an awful process—a frantic rush to meet an artificial deadline that has tested every limit of this institution. While we have worked to improve the present bill for Alaska, it is not good enough for the rest of our nation—and we all know it.
    “My sincere hope is that this is not the final product. This bill needs more work across chambers and is not ready for the President’s desk. We need to work together to get this right.”

    MIL OSI USA News –

  • MIL-OSI USA: Hickenlooper, Bennet, Colleagues Fight for Tax Equality for Married LGBTQ+ Couples

    US Senate News:

    Source: United States Senator for Colorado John Hickenlooper

    Bipartisan bill would retroactively give refunds to same-sex married couples who were denied the chance to lower taxes by filing jointly

    WASHINGTON – U.S. Senators John Hickenlooper and Michael Bennet recently joined 43 of their Senate colleagues to reintroduce the bipartisan Refund Equality Act to make sure that married same-sex couples can amend their tax returns back to the date of their marriage. The anniversary of the landmark Obergefell v. Hodges Supreme Court ruling, which recognized a constitutional right to same-sex marriage, was June 26th.

    “Who you love shouldn’t determine how you’re taxed,” said Hickenlooper. “Legally married same-sex couples deserve the tax refunds they were denied because of outdated laws.”

    “As we celebrate the LGBTQ+ community during Pride Month, we also must continue working to achieve equality for all – that includes writing a fairer tax code that does not discriminate based on who you love,” said Bennet. “These bills are important steps forward to update our tax system and build an economy that works for everyone.”

    Specifically, the Refund Equality Act would:

    • Allow same-sex couples who were married in jurisdictions that recognized same-sex marriage prior to 2013 – including Massachusetts, Connecticut, California, Iowa, New Hampshire, Vermont, and Washington, D.C – to file for income tax adjustments for those years, back to the date of their marriage
    • Create exceptions for two tax code limitations: Section 6013(b), which gives married couples three years to begin filing jointly after their most recent separate returns, and Section 6511(a), which requires a claim for tax credits or refunds to be filed within three years of the initial return 
    • Create exemptions including adjustments to capital loss carryback and adjustments for retired service members who receive an award of disability compensations.

    According to a 2021 estimate by the Joint Committee on Taxation, this bill would return $55 million in refunds to taxpayers whose marriages were systematically discriminated against.

    The legislation is also endorsed by the Human Rights Campaign (HRC), Services & Advocacy for GLBT Elders (SAGE), Children of Lesbians and Gays Everywhere (COLAGE), the Movement Advancement Project, and MassEquality.

    Full text of the bill available HERE.

    MIL OSI USA News –

  • Trump unveils 25% tariffs on goods from Japan, South Korea in letters to leaders

    Source: Government of India

    Source: Government of India (4)

    President Donald Trump said on Monday the U.S. would impose a 25% tariff on imports from Japan and South Korea beginning Aug. 1 as he unveiled the first two of an expected 12 letters to trading partners outlining the new levies they face.

    “If for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by, will be added onto the 25% that we charge,” Trump said in letters to the leaders of the two Asian countries, which he posted on his Truth Social platform.

    Later, Trump also announced the U.S. will impose 25% tariffs on Malaysia and Kazakhstan, 30% on South Africa and 40% on Laos and Myanmar.

    The rate for South Korea is the same as Trump initially announced on April 2, while the rate for Japan is 1 point higher than first announced. A week later, he capped all of the so-called reciprocal tariffs at 10% until July 9 to allow for negotiations. Only two agreements have so far been reached, with Britain and Vietnam.

    There was no immediate response from the Japanese or South Korean embassies on the announcement.

    About12 countries will receive letters from Trump, White House spokeswoman Karoline Leavitt said at a briefing without identifying them. She said Trump would sign an executive order on Monday formally delaying the July 9 deadline to August 1.

    “There will be additional letters in the coming days,” Leavitt said, adding that “we are close” on some deals.

    The European Union will not be receiving a letter setting out higher tariffs, EU sources familiar with the matter told Reuters on Monday.

    U.S. stocks fell in response, the latest market ruction since Trump unleashed a global trade war on his return to office in January. His moves have repeatedly whipsawed financial markets and sent policymakers scrambling to protect their economies.

    U.S. stocks were driven to near bear-market territory by his cascade of tariff announcements through the early spring but quickly rebounded to record highs in the weeks after he put the stiffest levies on hold on April 9.

    The S&P 500 on Monday was down nearly 1%, its biggest drop in three weeks. U.S.-listed shares of Japanese automotive companies fell, with Toyota Motor down 4.1% at mid-afternoon trading and Honda Motor off by 3.8%. The dollar surged against both the Japanese yen and the South Korean won.

    U.S. Treasury Secretary Scott Bessent said earlier on Monday he expected several trade announcements to be made in the next 48 hours, adding that his inbox was full of last-ditch offers from countries to clinch a tariff deal by the deadline.

    Bessent did not say which countries could get deals and what they might contain. Trump has kept much of the world guessing on the outcome of months of talks with countries hoping to avoid the hefty tariff hikes he has threatened.

    Countries have scrambled to hammer out deals before the Wednesday deadline. South Korea and Indonesia dispatched representatives to Washington, while Thailand submitted a new trade proposal offering zero tariffs on many U.S. goods.

    “We’ve had a lot of people change their tune in terms of negotiations. So my mailbox was full last night with a lot of new offers, a lot of new proposals,” Bessent said in an interview with CNBC. “So it’s going to be a busy couple of days.”

    BRICS THREAT

    For its part, the European Union still aims to reach a trade deal by July 9 after European Commission President Ursula von der Leyen and Trump had a “good exchange,” a Commission spokesperson said.

    It was not clear, however, whether there had been a meaningful breakthrough in talks to stave off tariff hikes on the United States’ largest trading partner.

    Adding to the pressure, Trump threatened to impose a 17% tariff on EU food and agriculture exports, it emerged last week.

    Trump had said on Sunday the U.S. was close to finalizing several trade pacts and would notify other countries by July 9 of higher tariff rates. He said they would not take effect until Aug. 1, a three-week reprieve.

    He also put members of the developing nations’ BRICS group in his sights as its leaders met in Brazil, threatening an additional 10% tariff on any BRICS countries aligning themselves with “anti-American” policies.

    The new 10% tariff will be imposed on individual countries if they take anti-American policy actions, a source familiar with the matter said.

    The BRICS group comprises Brazil, Russia, India and China and South Africa along with recent joiners Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates.

    Trump’s comments hit the South African rand.

    EU SEEKS EFFECTIVE APPROACH TO TRUMP

    The EU has been torn over whether to push for a quick and light trade deal or back its own economic clout in trying to negotiate a better outcome. It had already dropped hopes for a comprehensive trade agreement before the July deadline.

    “We want to reach a deal with the U.S. We want to avoid tariffs,” the spokesperson said at a daily briefing.

    Without a preliminary agreement, broad U.S. tariffs on most imports would rise from their current 10% to the rates set out by Trump on April 2. In the EU’s case, that would be 20%.

    Von der Leyen also held talks with the leaders of Germany, France and Italy at the weekend, Germany said. Chancellor Friedrich Merz has repeatedly stressed the need for a quick deal to protect industries vulnerable to tariffs ranging from cars to pharmaceuticals.

    The German spokesperson said the parties should allow themselves “another 24 or 48 hours to come to a decision.”

    Germany’s Mercedes-Benz MBGn.DEsaid on Monday its second-quarter unit sales of cars and vans had fallen 9%, blaming tariffs.

    Russia said BRICS was “a group of countries that share common approaches and a common world view on how to cooperate, based on their own interests.”

    “And this cooperation within BRICS has never been and will never be directed against any third countries,” said Kremlin spokesman Dmitry Peskov.

    (Reuters)

  • MIL-OSI United Nations: ‘Cooperation is humanity’s greatest innovation,’ UN chief declares at BRICS summit

    Source: United Nations MIL OSI b

    Speaking at the 17th BRICS summit in Rio de Janeiro, Brazil, he emphasised the human impact of environmental devastation and climate change.  And as environmental disasters increase, the sustainable development goals are also being left behind.  

    “Across the world, lives and livelihoods are being ripped apart, and sustainable development gains left in tatters as disasters accelerate,” Mr. Guterres said. 

    “The impact on human health is atrocious… The vulnerable and the poorer pay the highest price.” 

    BRICS was founded by Brazil, Russia, India and China in 2006. South Africa joined in 2011 and Egypt, Ethiopia, Indonesia, Iran, Saudi Arabia and the United Arab Emirates joined the group since. Collectively, these eleven States represent over half of the world’s population and approximately one-third of the world’s GDP.  

    Artificial intelligence must benefit all

    On Sunday, Mr. Guterres addressed a session on strengthening multilateralism, economic-financial affairs and artificial intelligence, where he called for efforts to “minimize the risks and maximize the potential” of the breakthrough technology.

    “Artificial intelligence is reshaping economies and societies. The fundamental test is how wisely we will guide this transformation, how we minimize the risks and maximize the potential for good,” he said.  

    To maximize the potential, the Secretary-General argued that AI cannot be “a club of the few but must benefit all,” calling for the “real voice” of developing countries to be included in global AI governance.

    He also said that human rights and equity must be the guiding principles which shape any international governance structure for AI.  

    “We cannot govern AI effectively – and fairly – without confronting deeper, structural imbalances in our global system,” he said.  

    Collaboration is key

    UN Secretary-General António Guterres stressed the need for peace amid conflicts in Gaza, Ukraine, Sudan and Myanmar.

    He called for urgent reform of global institutions, noting that bodies like the Security Council and international financial systems were “were designed for a bygone age, a bygone world, with a bygone system of power relations.”

    “The reform of the Security Council is crucial,” he said, highlighting also calls from the recent financing for development conference in Sevilla.

    Priorities include greater voice for developing countries in global governance, effective debt restructuring, and tripling multilateral bank lending – especially in concessional and local-currency terms.

    Call for reform

    Mr. Guterrs concluded his remarks highlighting the power of cooperation and trust.

    “At a time when multilateralism is being undermined, let us remind the world that cooperation is humanity’s greatest innovation,” he said.

    “Let us rise to this moment – and reform and modernize multilateralism, including the UN and all the systems and institutions to make it work for everyone, everywhere.” 

    MIL OSI United Nations News –

  • MIL-OSI Canada: Province boosts tax credit for game developers

    Source: Government of Canada regional news

    Diana Gibson, Minister of Jobs, Economic Development and Innovation –

    “B.C.’s digital sector and gaming industry ranges from massive corporations to small, dedicated teams. We are building an ecosystem where everyone can thrive and compete globally. With this increased tax credit, our groundbreaking Integrated Marketplace Initiative, and events like Web Summit Vancouver, we’re securing B.C.’s position as a global hub for innovation, talent and creative excellence in interactive entertainment.”

    Spencer Chandra Herbert, Minister of Tourism, Arts, Culture and Sport –

    “Our game developers have made many smash hits and beautiful works of art that are well-known in the industry and around the world. With this strengthened tax credit, more of your favourite games are about to be made in B.C., creating jobs and boosting our economy.”

    Loc Dao, executive director, DigiBC –

    “The permanent increase to the interactive digital media tax credit demonstrates the Province’s commitment to being a global leader in creative technology and a premier destination for interactive-digital-media investment and talent. This change will help accelerate the growth of the industry in B.C., enabling our companies to make long-term strategic decisions and attracts international studios looking for stable, supportive environments.”

    Remy Siu, founder and creative director, Sunset Visitor –

    “B.C. interactive digital media tax credit (IDMTC) was a crucial part of making 1000xRESIST a reality. It helped us reach the finish line when resources were scarce. We couldn’t be happier to see the increases to the credit going forward. It allows us to continue to find, support and highlight local B.C. talent.”

    Heidy Motta, COO, Coldblood Inc. –

    “The increase of the IDMTC to 25% makes a real difference for indie studios like ours. It helps us keep working on Neverway and focus on delivering the best experience we can to players. Support like this is a big reason why Canada has such a strong presence in the global game industry.”

    Raphael van Lierop, founder and creative director, Hinterland –

    “This makes a big difference for independent studios with significant development staff in B.C., like Hinterland, as we work on Blackfrost, the sequel to The Long Dark. I appreciate the leadership shown by Brenda Bailey, herself a former game developer, in continuing to push this program forward over the past several years. It’s had a huge impact and helps keep B.C. competitive in this globally significant industry that has such tremendous cultural relevance.”

    MIL OSI Canada News –

  • MIL-OSI: National Bank Holdings Corporation Announces Date for 2025 Second Quarter Earnings Release

    Source: GlobeNewswire (MIL-OSI)

    DENVER, July 07, 2025 (GLOBE NEWSWIRE) — National Bank Holdings Corporation (NYSE: NBHC) expects to report its second quarter financial results after the markets close on Tuesday, July 22, 2025. Management will host a conference call to review the results at 11:00 a.m. Eastern Time on Wednesday, July 23, 2025. Interested parties may listen to this call by dialing (877) 400-0505 using the participant passcode of 9935135 and asking for the NBHC Q2 2025 Earnings Call. A recording of the call will be available approximately four hours after the call’s completion on the Company’s website at www.nationalbankholdings.com by visiting the investor relations area.

    About National Bank Holdings Corporation

    National Bank Holdings Corporation is a bank holding company created to build a leading community bank franchise delivering high quality client service and committed to stakeholder results. Through its bank subsidiaries, NBH Bank and Bank of Jackson Hole Trust, National Bank Holdings Corporation operates a network of over 85 banking centers, serving individual consumers, small, medium and large businesses, and government and non-profit entities. Its banking centers are located in its core footprint of Colorado, the greater Kansas City region, Utah, Wyoming, Texas, New Mexico and Idaho. Its comprehensive residential mortgage banking group primarily serves the bank’s core footprint. Its trust business is operated in its core footprint under the Bank of Jackson Hole Trust charter. NBH Bank operates under a single state charter through the following brand names as divisions of NBH Bank: in Colorado, Community Banks of Colorado and Community Banks Mortgage; in Kansas and Missouri, Bank Midwest and Bank Midwest Mortgage; in Utah, Texas, New Mexico and Idaho, Hillcrest Bank and Hillcrest Bank Mortgage; and in Wyoming, Bank of Jackson Hole and Bank of Jackson Hole Mortgage. Additional information about National Bank Holdings Corporation can be found at www.nationalbankholdings.com.

    For more information visit: cobnks.com, bankmw.com, hillcrestbank.com, bankofjacksonhole.com, or nbhbank.com. Or connect with any of our brands on LinkedIn.

    Contact:  
    Analysts/Institutional Investors: Media:
    Emily Gooden, 720-554-6640 Jody Soper, 303-784-5925
    Chief Accounting Officer and Investor Relations Director Chief Marketing Officer
    ir@nationalbankholdings.com Jody.Soper@nbhbank.com
       
    Nicole Van Denabeele, 720-529-3370  
    Chief Financial Officer  
    ir@nationalbankholdings.com  
       

    Source: National Bank Holdings Corporation

    The MIL Network –

  • MIL-OSI USA: ICYMI: Tuberville on The Will Cain Show: Senate Must Deliver on President Trump’s Tax Cuts

    US Senate News:

    Source: United States Senator for Alabama Tommy Tuberville
    WASHINGTON – Today, U.S. Senator Tommy Tuberville (R-AL) joined The Will Cain Show to discuss the urgent need for the Senate to pass President Trump’s tax cuts.
    Read excerpts from the interview below or watch here.
    CAIN: “Senator, thanks for being with us here today. I believe you have already called for the firing of the Parliamentarian?”
    TUBERVILLE: “Well, first of all, Will, thanks for me on and also, keep winning. President Trump’s winning right and left. We’re gonna win on this bill no matter what the Parliamentarian does. Two-thirds of it is the tax cuts, as President Trump said, and the $150 billion for the border. So that being said, yes, we’re playing a home game here, but we’ve got the officials from the other team, which is the Parliamentarian. That’s how I look at it. The Parliamentarian is hired by the majority. We’re the majority, but we left Harry Reid’s Parliamentarian in place—been there for 12 years. I don’t like some of the things she did to this bill. She took out the provision that we blocked illegals from being on Medicaid, blocked illegals from getting student loans, blocked taxpayers from having to pay for these mutilated transition surgeries for minors, you can’t do that. I mean, but at the end of the day, you know, these are big things, but they’re really minor when it comes to saving the taxpayers money in this Big Beautiful Bill. We will pass it in the Senate this weekend sometime, but again, the House has to pass it.”
    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP and Aging Committees.

    MIL OSI USA News –

  • MIL-OSI USA: VIDEO RELEASE: Tuberville Celebrates 65th Anniversary of Marshall Space Flight Center

    US Senate News:

    Source: United States Senator for Alabama Tommy Tuberville
    WASHINGTON – Today, U.S. Senator Tommy Tuberville (R-AL) released a video celebrating the 65th Anniversary of Marshall Space Flight Center in Huntsville, Alabama.
    Senator Tuberville and U.S. Senator Katie Britt (R-AL) also introduced a resolution in the Senate recognizing the 65thAnniversary of MSFC. U.S. Representative Dale Strong (R-AL-05) led the resolution in the House of Representatives.
    Excerpts from Senator Tuberville’s video remarks can be found below, and the full video can be viewed here. 
    “Everywhere I go, people brag to me about Huntsville, Alabama.  And that’s because your talent and hard work has put the Rocket City—and the State of Alabama—on the map. From helping put the first man on the moon to making the SLS the backbone of space exploration, Marshall has made Alabama proud. Thank you to the engineers, scientists, technicians, and support staff—both past and present—who have made this possible.”
    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP and Aging Committees.

    MIL OSI USA News –

  • MIL-OSI USA: Tuberville Joins Hagerty in Bill to End Counting of Illegal Aliens in Electoral College and Congressional Apportionment Votes 

    US Senate News:

    Source: United States Senator for Alabama Tommy Tuberville
    WASHINGTON – U.S. Senator Tommy Tuberville (R-AL) joined U.S. Senator Bill Hagerty (R-TN) in introducing the Equal Representation Act which would ensure only legal citizens are factored into the count for Congressional districts and the Electoral College map that determines presidential elections. The current method of counting illegal immigrants for purposes of representation is dangerous as it incentivizes illegal immigration. 
    Sen. Tuberville cosponsored this bill in the 118th Congress. 
    “Illegal aliens have no right to congressional representation in this country, and they have no right to determine who our elected leaders are,” said Sen. Tuberville. “The balance of power shouldn’t be weighed down by people who aren’t citizens of this country. Counting illegals in the Electoral College and congressional districts can completely alter the outcome of our elections. Thankfully, President Trump and his administration are deporting illegals in droves. I’m proud to join Senator Hagerty in reintroducing the Equal Representation Act so that ONLY Americans determine our elected leaders.”
    “It is unconscionable that illegal immigrants and non-citizens are counted toward congressional district apportionment and our electoral map for the presidency, which also heavily skews the seat count in the U.S. House of Representatives,” said Sen. Hagerty. “While people continue to flee Democrat-run cities, desperate Democrats have back-filled the mass exodus with illegal immigrants so that they do not lose their seats in Congress or their electoral votes, hence artificially boosting their political power and in turn diluting the power of other Americans’ votes. I’m pleased to lead my colleagues in reintroducing this legislation that would require a citizenship question on the census and will ensure that only citizens are counted in congressional redistricting.”
    Sens. Tuberville and Hagerty are joined by Sens. Katie Britt (R-AL), Ted Budd (R-NC), Kevin Cramer (R-ND), Mike Crapo (R-ID), Steve Daines (R-MT), John Hoeven (R-ND), Ron Johnson (R-WI), Jim Justice (R-WV), James Lankford (R-OK), Mike Lee (R-UT), Cynthia Lummis (R-WY), Roger Marshall (R-KS), Pete Ricketts (R-NE), Jim Risch (R-ID), Eric Schmitt (R-MO), Rick Scott (R-FL), and Tim Sheehy (R-MT) in cosponsoring this legislation.
    Read full text of the legislation here. 
    BACKGROUND:
    Currently, illegal immigrants are counted for congressional district apportionment and, therefore, Electoral College votes. For example, in a state like California, millions of illegal alien residents result in California taking several more congressional seats and Electoral College votes than the states’ population of citizens would justify. In other words, being a magnet for illegal immigration increases the power of a Californian’s vote relative to an individual in another state with less population boost from illegal immigration. This creates a perverse incentive encouraging illegal immigration and resettlement to increase political power.
    Specifically, the Equal Representation Act would:
    Require that the Census Bureau include a citizenship question on any future census to provide a greater understanding of the U.S. population and delineate between citizens and non-citizens for apportionment purposes;
    Prohibit non-citizens from being counted for purposes of congressional district and Electoral College apportionment; and
    Require that the Census Bureau publicly report on certain demographic data.
    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP and Aging Committees.

    MIL OSI USA News –

  • MIL-OSI USA: Tuberville Releases Statement Following Senate’s Passage of President Trump’s One Big Beautiful Bill

    US Senate News:

    Source: United States Senator for Alabama Tommy Tuberville
    WASHINGTON – Today, U.S. Senator Tommy Tuberville (R-AL) released the following statement following his “yes” vote on President Trump’s One Big Beautiful Bill.
    “The road to Making America Great Again runs through the One Big Beautiful Bill. President Trump campaigned on popular policies like No Tax on Tips, No Tax on Overtime, and No Tax on Social Security — and this bill turns those policies into law.
    We’re cutting taxes for everyone — doesn’t matter if you are rich or poor, urban or rural, a CEO or a lineworker. We’re supporting farmers who have been crushed by Joe Biden’s inflation. We’re finishing the wall, hiring more ICE officers, and closing dangerous loopholes that allowed 20 million criminals, murderers, terrorists, and gang members to invade this country under Joe Biden. This bill also includes a down payment on the Golden Dome, which will allow Alabama to continue leading the way in building cutting-edge technologies that keep Americans safe.
    I’m especially proud it includes my GOAL Act, which is the first time Congress will put a reasonable cap on graduate student loans. We are more than $37 trillion in debt, and we have to start standing up for American taxpayers. 
    This bill codifies every part of President Trump’s agenda that 77 million Americans wholeheartedly voted for. President Trump promised, and Senate Republicans delivered.”
    Senator Tommy Tuberville represents Alabama in the United States Senate and is a member of the Senate Armed Services, Agriculture, Veterans’ Affairs, HELP, and Aging Committees.

    MIL OSI USA News –

  • MIL-OSI USA: Cornyn Joins Sunday Morning Futures on Devastating Floods in Kerr County & Across Central Texas

    US Senate News:

    Source: United States Senator for Texas John Cornyn
    AUSTIN – Today on Sunday Morning Futures, U.S. Senator John Cornyn (R-TX) joined Jason Chaffetz to discuss this weekend’s devastating flooding in Texas and ongoing rescue efforts, warn Texans to be on alert for continued flooding across Central Texas, and convey Texans’ ongoing prayers for the rescue and recovery of those still missing. Excerpts of Sen. Cornyn’s remarks are below, and video can be found here.
    On the devastating flooding in Texas:
    “This was a 100-year flood event in an area that had been known to flood, but nothing like this.”
    “A terrible tragedy, but thanks to President Trump and Secretary Noem, the federal disaster relief has been provided at the request of Governor Abbott.” 
    “Governor Abbott has called today a Day of Prayer, and we are still saying our prayers here in Texas for those who are grieving and those who are still unaccounted for.”
    “Texans are tough, and they’re resilient.”
    “We are a family.”
     On the ongoing severe weather:
    “We’ve had an extended period of drought this summer, which is not unusual in the heat of the Texas summer, but of course, all this rain during a short period of time is causing flooding and unfortunately, there have been loss of lives in other parts of the state beyond Kerrville where the Camp Mystic was located.” 
    “People need to pay attention to the weather reports and the cautionary messages of local and state officials and to be safe, because the danger is not completely over.” 
    On Texas’ rescue efforts:
    “Governor Abbott said that we are going to be relentless in the rescue efforts, and still as I said, 27 young girls unaccounted for.”
    “We’re still hopeful and prayerful that they will be recovered.”

    MIL OSI USA News –

  • MIL-OSI USA: In Kerrville, Cornyn Discusses the Devastating Flooding & Praises Texas’ Rescue Efforts

    US Senate News:

    Source: United States Senator for Texas John Cornyn
    KERRVILLE – After receiving a briefing from state, local, and federal officials, U.S. Senator John Cornyn (R-TX) gave the following remarks at a press conference in Kerrville, Texas, with U.S. Department of Homeland Security Secretary Kristi Noem, Texas Governor Greg Abbott, U.S. Congressman Chip Roy (TX-21), Texas Division of Emergency Management Chief Nim Kidd, Kerr County Judge Rob Kelly, and Kerrville Mayor Joe Herring on yesterday’s devastating flooding and Texas’ ongoing rescue efforts. Video of his remarks can be found here starting at 40:37.
    “I remain incredibly impressed with Governor Abbott’s leadership and the incredible work that the Texas Department of Emergency Management under the leadership of Nim Kidd do.”
    “My thanks to President Trump and Secretary Noem for responding so quickly to Governor Abbott’s request for a federal disaster declaration.”
    “We are praying for those who have lost loved ones and are grieving. We are celebrating with those who have been reacquainted with and rejoined with their family members.”
    “Up in [the city of] West, Texas, after a terrible disaster, a county commissioner there said something to me that I think is appropriate at a time like this. He said, ‘Being from Texas is not just about where you’re from, it’s who your family is,’ and so when things like this happen, we come together as a family, as Texans, in a way that I’m very proud of.”
    “[Governor Abbott] and his team will be relentless in supporting all of the efforts at the local and the federal level until every last person is accounted for and those families are reunited with their loved ones.”

    MIL OSI USA News –

  • MIL-OSI USA: ICYMI—Hagerty Joins The Big Weekend Show on Fox News to Discuss Budget Reconciliation, Trade Negotiations

    US Senate News:

    Source: United States Senator for Tennessee Bill Hagerty
    NASHVILLE, TN—Yesterday, United States Senator Bill Hagerty (R-TN), a member of the Senate Appropriations, Banking, and Foreign Relations Committees and former U.S. Ambassador to Japan, joined The Big Weekend Show on Fox News to discuss the wins within the budget reconciliation package, along with President Donald Trump’s ongoing trade negotiations.

    *Click the photo above or here to watch*
    Partial Transcript
    Hagerty on the benefits of the budget reconciliation package: “Well, before I say anything, I just wanted to say my heart goes out to the people in Texas that are still looking for their loved ones. One of my good friends had two daughters at Camp Mystic. Thankfully, they’re safe and alive, but my heart goes out to everybody. Thank you for covering this. And with respect to the American public and their perspective on the bill, the Democrats and their partisan allies in the media have been attacking this bill nonstop, even though they had not seen the final product yet. It has been under attack for weeks, if not months. Finally, we’ve got a bill put together that I think is going to do great things for the American public. Now it’s our job to get out and message properly, but when you think about it, the American public overwhelmingly support the fact that we’re going to be rebuilding our military, our defense. We’re going to be rebuilding our energy independence and onshoring energy here in America, making us dominant. Again, if you think about it from the perspective of the working man and woman, they’re looking at about a $10,000 increase in take-home pay every year, thanks to the tax cuts that we impose. No tax on tips. The benefits that people are going to see at the working-class level are going to be enormous, and we’re going to stimulate more capital investments, which will, again, beget more economic growth and more job opportunities for people here in America. Cutting out waste, fraud, and abuse — everybody’s for that, as well. It’s interesting, the Democrats used to be for work requirements, until the Republicans actually implemented them.”
    Hagerty on James Carville’s claim that the budget reconciliation will hurt Republicans long-term: “From the same man that promised John Kerry would be president of the United States. Carville just keeps getting it wrong. And I think what we’re going to see is the exact opposite. Again, when people see the benefits of this bill, when they see their take-home pay rising, when they see the economy moving again at the pace it was when we initially did this back in 2017, we’re going to see American people enjoying winning again. Carville can’t take that. They’re going to continue to message down this path. The Democrats are disheveled; I can say that. But again, I think Carville is going to wind up with egg on his face yet again.”
    Hagerty on the programs that will benefit working class Americans: “The interesting thing is all of these programs are aimed at improving the life of American citizens. If you think about what the Democrats passed, the reconciliation that generated so much inflation that every American was crushed by lower real wages, they don’t seem to be apologizing for that. They missed the mark completely, subsidizing their pals in the green energy environment. But here we are actually doing things for American people that will help people in the middle-class and the working-class, and the Democrats are calling it peanuts. Again, it just shows how detached they are from reality. And that detachment has led, I think, to this complete disheveled that we’re seeing among the Democrats. And again, they just continue to promote these falsehoods. The media, of course, has been supporting them, but I think as the American public realizes the truth of this, we’re going to see a great year in 2026.”
    Hagerty on the tariff deadlines for other countries to make trade deals: “I’ve actually been alongside President Trump. When I was Ambassador to Japan, we negotiated two trade deals with Japan at a time that nobody thought they could get done. President Trump has proven himself as someone that understands this. He knows that America has been getting ripped off for years. It goes all the way back to World War II. We put in place very low tariff barriers. We did this to induce countries to trade with us, but we should have time limit on it. We should have put some sort of GDP-per-capita limit because now these countries have just taken advantage of America. It’s gone on for too long. It’s time for them to shape up. It’s time for them to step up. We’ve already seen [the United Kingdom]. We’ve seen Vietnam. We’ve already seen parts of what’s going on with China. I think we’re going to see a number of deals come through here in the very near future. And for those that get the letters that are coming out very soon, they’ve got until the 1st of August to step up. But I can tell you President Trump means business on this. And I think what we’ll see is a much better and more improved trade environment, much more fair for American companies, as a result.”

    MIL OSI USA News –

  • MIL-OSI USA: Ahead of Flood Anniversaries, Welch Talks FEMA Reform in Barre and Montpelier 

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)
    Welch held a Listening Session in Barre with flood-impacted Vermonters 
    BARRE, VT — Today, U.S. Senator Peter Welch (D-Vt.) met with flood-impacted Vermonters and community leaders in Barre and Montpelier and discussed the need to pass legislation to reform the Federal Emergency Management Agency (FEMA). Last week, Senator Welch visited Killington, Ludlow, and Weston; he will visit Hardwick, Lyndon, Barton, and Burke in the coming weeks. 
    Senator Welch recently unveiled the Disaster Assistance Improvement and Decentralization (AID) Act. He will file the new legislation this week, coinciding with the anniversary of the July 2023 and July 2024 floods. 
    “The dangers of climate change are real and urgent, as so many Vermonters experienced firsthand. Vermont was hit with catastrophic flooding in July of 2023 and again in July of 2024—and communities and states across America have been hit by devastating disasters, most recently the tragic floods in Texas and North Carolina. FEMA does lifesaving and critical work after a disaster, and it is important the agency is fully supported. But FEMA also needs commonsense reforms, which is something I heard in Barre, Montpelier, and across Vermont. I will keep fighting to strengthen FEMA for disaster-impacted communities across America,” said Senator Welch.  
    The Disaster AID Act will cut red tape and empower state and local governments, make the delivery of disaster aid more efficient and effective, provide assistance to small towns and communities impacted by natural disasters, and block the White House from withholding funding for disaster recovery.  
    Barre: Senator Welch started the day with a Listening Session at the Barre Social Club, where he was joined by Mayor Thom Lauzon and Michele Braun of the Friends of the Winooski River. Senator Welch spoke with flood-impacted Vermonters and community members about Barre’s recovery from July 2023 floods and the importance of reforming and protecting FEMA.  
    Photo Caption: Senator Welch speaks with Vermonters at his Listening Session in Barre. 
    In Barre, Senator Welch also celebrated the opening of the Vermont Innovation, Efficiency, Weatherization (VIEW) Center, a new weatherization training center funded by a grant from the U.S. Department of Energy, made possible by the Inflation Reduction Act. Senator Welch championed weatherization funding and helped pass the Inflation Reduction Act as a member of the House of Representatives. Vermont’s weatherization assistance program helps eligible Vermont households with energy audits, heating system check-ups, energy efficient lighting and appliance upgrades, and weatherization renovation services. 
    Photo Caption: Senator Welch celebrates the opening of the VIEW training center 
    Montpelier: Senator Welch met with community leaders, city officials, businesses, and the Montpelier Commission on Recovery and Resilience. Attendees discussed red tape in FEMA’s Public Assistance program, and ways we can improve long-term flood recovery for Montpelier and communities across Vermont.  
    Photo Caption: Senator Welch meets with the Montpelier Commission on Recovery and Resilience 
    Senator Welch has been outspoken in opposing any attempt by the Trump Administration to dismantle FEMA. Earlier this year, Senator Welch published a guest essay in The New York Times entitled: “Don’t Kill FEMA. Fix It.” In his op-ed, Senator Welch outlined why President Trump’s actions to undermine and potentially dissolve FEMA are misguided—but also committed to working with the President on good faith efforts to reform the agency’s long-term recovery process.    
    In December 2024, Senator Welch helped shape and pass a comprehensive disaster aid package, which delivered more than $100.4 billion of relief for states like Vermont recovering from climate disasters. The disaster aid package contained many of Senator Welch’s top priorities for the State: dedicated help for Vermont’s flood-impacted farmers, flexible spending through the Community Development Block Grant-Disaster Relief fund, money for FEMA’s Disaster Relief Fund, and support for businesses, among many other important provisions.   

    MIL OSI USA News –

  • MIL-OSI USA: Governor Stein Takes Action on Six Bills

    Source: US State of North Carolina

    Headline: Governor Stein Takes Action on Six Bills

    Governor Stein Takes Action on Six Bills
    lsaito

    Raleigh, NC

    Today Governor Stein signed six bills into law.

    Governor Stein made the following statement on signing House Bill 546: 

    “This bill will strengthen North Carolina’s Medicaid program by providing coverage for women who have just given birth for 12 months, making telehealth services more accessible, and launching a new statewide Medicaid health plan for children and young adults served by the child welfare system.

    “However, much is still needed from our state legislature when it comes to protecting Medicaid, including a full rebase to preserve current services and a serious effort to defend against devastating federal cuts. To protect health care for more than 3 million North Carolinians on Medicaid, state legislators will need to take a hard look at our Medicaid laws, our state budget, and our long-term revenue requirements. I am encouraged that Senator Berger stated that he will lead efforts to work through any implementation issues, and I look forward to working with him.”

    Governor Stein made the following statement on signing House Bill 559: 

    “I have made my appointments to the Building and Residential Code Councils and look forward to the legislature moving to confirm these appointments so that our codes can be modernized and put into effect. North Carolina is the third-fastest growing state in the nation, and western North Carolina in particular is counting on our speedy action.”

    Governor Stein also signed the following bills into law:

    • Senate Bill 706
    • Senate Bill 664
    • House Bill 210
    • House Bill 23 
    Jul 7, 2025

    MIL OSI USA News –

  • MIL-OSI: Sprout Social to Announce Second Quarter 2025 Financial Results on August 6, 2025

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, July 07, 2025 (GLOBE NEWSWIRE) — Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced that it will report its financial results for the second quarter ending June 30, 2025 after market close on Wednesday, August 6, 2025.

    The financial results and business highlights will be discussed on a conference call and webcast scheduled at 4:00 p.m. Central Time (5:00 p.m. Eastern Time) on Wednesday, August 6, 2025. Online registration for this event conference call can be found at https://registrations.events/direct/Q4I191311. The live webcast of the conference call can be accessed from Sprout Social’s investor relations website at http://investors.sproutsocial.com.

    Following completion of the events, a webcast replay will also be available at http://investors.sproutsocial.com for 12 months.

    About Sprout Social

    Sprout Social is a global leader in social media management and analytics software. Sprout’s intuitive platform puts powerful social data into the hands of approximately 30,000 brands so they can deliver smarter, faster business impact. Named the #1 Best Software Product by G2’s 2024 Best Software Award, Sprout offers comprehensive publishing and engagement functionality, customer care, influencer marketing, advocacy, and AI-powered business intelligence. Sprout’s software operates across all major social media networks and digital platforms. For more information about Sprout Social (NASDAQ: SPT), visit sproutsocial.com.

    Availability of Information on Sprout Social’s Website and Social Media Profiles

    Investors and others should note that Sprout Social routinely announces material information to investors and the marketplace using SEC filings, press releases, public conference calls, webcasts and the Sprout Social Investors website. We also intend to use the social media profiles listed below as a means of disclosing information about us to our customers, investors and the public. While not all of the information that the Company posts to the Sprout Social Investors website or to social media profiles is of a material nature, some information could be deemed to be material. Accordingly, the Company encourages investors, the media, and others interested in Sprout Social to review the information that it shares at the Investors link located at the bottom of the page on www.sproutsocial.com and to regularly follow our social media profiles. Users may automatically receive email alerts and other information about Sprout Social when enrolling an email address by visiting “Email Alerts” in the “Shareholder Services” section of Sprout Social’s Investor website at https://investors.sproutsocial.com/.

    Social Media Profiles:
    www.twitter.com/SproutSocial
    www.twitter.com/SproutSocialIR
    www.facebook.com/SproutSocialInc
    www.linkedin.com/company/sprout-social-inc-/
    www.instagram.com/sproutsocial

    Contact

    Media:
    Kaitlyn Gronek
    Email: pr@sproutsocial.com
    Phone: (866) 878-3231

    Investors:
    Alex Kurtz
    Twitter: @SproutSocialIR
    Email: investors@sproutsocial.com
    Phone: (312) 528-9166

    The MIL Network –

  • MIL-OSI USA: Luttrell Announces July Mobile Office Hours

    Source:

    WASHINGTON — Congressman Morgan Luttrell (R-TX) announced his staff will hold mobile office hours at various locations throughout Texas’ 8th Congressional District this month to offer increased assistance to constituents experiencing problems with a federal agency.

    During these mobile office sessions, constituents can receive help with Social Security and Medicare issues, federal grant funding, passports and visas, immigration and naturalization services, veterans’ benefits, and the IRS.

    The upcoming schedule is outlined below:

    What: Cypress Mobile Office Hours
    Date: July 29, 2025, from 9:00 a.m. – 11:00 a.m.
    Location: Lone Star College Cy-Fair Public Library (Open Table on 1st Floor), 9191 Barker Cypress Rd, Cypress, TX 77433

    What: Katy Mobile Office Hours
    Date: July 29, 2025, from 1:00 p.m. – 3:00 p.m.
    Location: Katy Library (Study Room), 5414 Franz Rd, Katy, TX 77493

    What: Coldspring Mobile Office Hours
    Date: July 31, 2025, from 9:00 a.m. – 11:00 a.m.
    Location: Coldspring City Hall (Council Meeting Room), 14211 TX-150, Coldspring, TX 77331

    What: Livingston Mobile Office Hours
    Date: July 31, 2025, from 1:00 p.m. – 3:00 p.m.
    Location: Friends of the Library, Livingston (Room 212), 707 N Tyler Ave, Livingston, TX 77351

    MIL OSI USA News –

  • PM Modi gifts symbols of India’s cultural heritage to world leaders on five-nation tour

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi has highlighted India’s rich cultural heritage and craftsmanship by presenting symbolic, handcrafted gifts to global leaders during his ongoing five-nation tour, reflecting the country’s artistic legacy and spiritual traditions.

    PM Modi gifted a hand-etched silver lion mounted on a Fuchsite stone base to Argentine President Javier Milei. The intricately crafted lion represents courage and leadership, while the green Fuchsite — often called the “Stone of Healing and Resilience” — adds a layer of natural symbolism. The piece highlights Rajasthan’s traditional metalwork and gemstone artistry, using materials sourced from India’s mineral-rich regions.

    To Argentina’s Vice President, Victoria Villarruel, PM Modi presented a traditional Madhubani painting depicting the Sun, crafted in Bihar’s Mithila region. Known for its bold lines, intricate patterns and natural colours, Madhubani art is a centuries-old tradition associated with festivals and rituals. The Sun, surrounded by floral motifs, symbolises life and energy.

    In Trinidad and Tobago, Prime Minister Kamla Persad-Bissessar received two gifts reflecting India’s cultural and spiritual ethos. One was a Kalash containing water from the River Sarayu, considered sacred in Hindu tradition and believed to bring peace and prosperity. The Sarayu flows through Ayodhya, regarded as the birthplace of Lord Ram, and the metal Kalash symbolises sanctity and abundance.

    The other gift was a pure silver replica of the Ayodhya Ram Temple, crafted by artisans in Uttar Pradesh. The miniature model captures the temple’s distinctive architecture and stands as a tribute to India’s temple craftsmanship, signifying devotion and cultural pride.

    These gifts, seen as acts of cultural diplomacy, come as PM Modi seeks to strengthen India’s ties with partner countries during the five-nation visit covering Ghana, Trinidad and Tobago, Argentina, Brazil and Namibia from July 2 to 9. 

    ANI

  • MIL-OSI USA: Jayapal Statement on Termination of TPS for Honduras, Nicaragua

    Source: United States House of Representatives – Congresswoman Pramila Jayapal (7th District of Washington)

    SEATTLE, WA — U.S. Representative Pramila Jayapal, Ranking Member of the Subcommittee on Immigration, Integrity, Security, and Enforcement, released the following statement regarding the Trump Administration’s decision to terminate Temporary Protected Status (TPS) for Hondurans and Nicaraguans:

    “The purpose of the TPS program is to offer legal status to people whose home countries are too dangerous to return to. The revocation of TPS is out of touch with the reality of conditions in Honduras and Nicaragua — and even the State Department’s own analyses of these countries. These are legal designations that have existed under Presidents of both parties – this is just another attack on our legal system that will affect thousands of lives.

    “ The people whose legal status will be terminated are not the ‘worst of the worst’ as Trump promised he would focus on. They are people who have been in the United States for decades — working, raising families, and contributing to our economy and communities. 

    “Forcing these people to leave the lives they’ve built to return to dangerous conditions is outrageous. And let me be clear — TPS is legal immigration. We must work to protect this program and other means of legal immigration from Trump’s continued attacks on our legal system.”

    TPS is a designation that temporarily allows foreign nationals who are already in the United States to remain lawfully during periods that would prevent the country’s nationals from returning safely. Since coming to office, Trump has moved to end TPS status for Afghanistan, Cameroon, Haiti, Honduras, Nepal, Nicaragua, and Venezuela.

    Issues: Immigration

    MIL OSI USA News –

  • MIL-OSI USA: SBA Relief Still Available to South Carolina Small Businesses and Private Nonprofits Affected by Drought

    Source: United States Small Business Administration

    ATLANTA – The U.S. Small Business Administration (SBA) is reminding small businesses and private nonprofit (PNP) organizations in South Carolina of the July 21 deadline to apply for low interest federal disaster loans to offset economic losses caused by drought occurring Aug. 6 – 12, 2024.

    The disaster declaration covers the counties of Berkeley, Charleston, Dillon, Florence, Georgetown, Horry, Marion and Williamsburg.  

    Under this declaration SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries and PNPs with financial losses directly related to the disaster. 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 small business or PNP did not suffer any physical damage. The loans may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “Through a declaration by the U.S. Secretary of Agriculture, SBA provides critical financial assistance to help communities recover,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “We’re pleased to offer loans to small businesses and private nonprofits impacted by these disasters.”  

    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 amounts and terms based on each applicant’s financial condition.

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email 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 deadline to return economic injury applications is July 21, 2025.

    ###

    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 –

  • MIL-Evening Report: Quitting the quit-aid: people trying to stop vaping nicotine need more support – here are some strategies to help

    Source: The Conversation (Au and NZ) – By Joya Kemper, Associate Professor in Marketing, University of Canterbury

    Getty Images

    New Zealand is among a number of countries that encourage vaping (the use of e-cigarettes) as a tool to help people stop smoking tobacco. But what happens when people want to quit vaping?

    Nicotine vapes can be addictive. While they have helped many New Zealanders quit smoking cigarettes, others – including people who never smoked – now find themselves wanting to quit vaping.

    To better understand how and why people try to quit, we surveyed more than 1,000 people in Aotearoa New Zealand who have used nicotine vapes.

    The findings from our study point to a need for support that treats vaping cessation like quitting smoking because for many, the challenges are similar.

    We focused on New Zealanders aged 16 and over who had vaped nicotine. Of the 1,119 respondents, 401 currently vaped and 718 had quit vaping. Around one in eight had never smoked tobacco at all.

    We found using vapes for more than two years and with nicotine concentrations above 3% was linked to higher dependence on vaping. Most current or past vapers wanted to stop, and more than three-quarters of participants had made up to three serious attempts to quit vaping.

    How people try to stop vaping

    Some people wanted to quit vaping because what began as a tool to support quitting smoking has become a new source of frustration or worry.

    The most common reasons to stop vaping were concerns about current or future health, disliking the feeling of being dependent, and the cost of vaping products. These motivations echo the reasons many people cite for quitting smoking, suggesting that people who vape (like most people who smoke) do not want to remain hooked on nicotine, even if it helped them quit cigarettes.

    Participants used a variety of strategies to quit, including abrupt cessation (“cold turkey”), switching to other forms of reduced-harm nicotine (such as nicotine patches, gums, lozenges, mouth sprays), and tapering down nicotine levels. Many also relied on support from whānau (family) and friends.

    These strategies mirror those used in smoking cessation.

    Our participants reiterate the importance of personal strategies, building on previous work on interventions that target vaping cessation.

    Some people did quit vaping and had no problem quitting. However, others struggled. Triggers that cause a relapse to vaping are similar to those many people who smoke experience, including stress and symptoms of nicotine withdrawal.

    Being around others who vape is also a trigger for relapse. These factors highlight the social and psychological effects of vaping, just as they have long been recognised in tobacco addiction research.

    Importantly, these triggers appeared consistent across different groups regardless of age, gender, cultural background or smoking history. Whether someone vaped to stop smoking or whether vaping was the first nicotine product they tried, quitting came with similar challenges.

    Better support for vaping cessation

    Our study suggests many New Zealanders are now trying to quit nicotine vapes, and some face real barriers to doing so.

    We think existing smoking-cessation support and medications could play a useful role. These tools include behavioural support, such as building self-belief in the ability to quit, identifying key triggers (and strategies to avoid them), stress management strategies, and access to tapering schedules (cutting down the frequency of vaping over time or gradually reducing nicotine concentration).

    As previous work shows, the type of support needed may differ between older tobacco smokers and the growing population of teens taking up vaping.

    Vaping as an exit from tobacco smoking should still be offered to people who smoke. Once vaping is taken up, it should be promoted as a medium-term, step-down tactic (3–12 months), while ensuring that relapse to smoking is avoided. Such a strategy aligns with vaping-cessation guidance provided in the United Kingdom, Canada and New Zealand.

    But it’s clear the landscape has shifted. Vaping is no longer just used to quit smoking; vapes are used by people who have never smoked.

    For some, vaping becomes a habit they want to quit in its own right, but it may not always be easy given the addictive nature of nicotine. We need dedicated support for vaping cessation to address this growing concern.

    Findings from our survey have been key to the development of a New Zealand vaping-cessation clinical trial currently underway. People who are interested in quitting vaping can find out more and register their interest.

    This study was supported by a grant from the University of Auckland, Faculty of Medical and Health Sciences Research and Development Fund.

    Amanda Palmer has received funding from the US National Institutes of Health and Hollings Cancer Center at the Medical University of South Carolina.

    Bodo Lang has received funding from the Health Research Council of NZ.

    Chris Bullen receives funding from the Health Research Council of NZ, Ministry of Health and US NIH for research projects on smoking and vaping and personal funding from Kenvue Asia for cochairing ASEAN smoking-cessation leadership meetings. He co-chairs the smokefree expert advisory group for Health Coalition Aotearoa.

    George Laking has received funding from the Health Research Council of NZ.

    Jamie Brown has received (most recently in 2018) unrestricted funding to study smoking cessation from Pfizer and J&J, which manufacture medically licensed smoking cessation medications.

    Lion Shahab received personal fees from a grant funded by the US National Cancer Institute as part of his role as a member of an external scientific advisory committee outside of the submitted work. He also acted as a paid reviewer for grant awarding bodies and as a paid consultant for health-care companies and, in the past, has received honoraria for talks, an unrestricted research grant, and travel expenses to attend meetings and workshops by producers of smoking cessation medication (Pfizer/Johnson&Johnson).

    Natalie Walker has received personal fees from a grant funded by the US National Cancer Institute as part of her role as a member of the external scientific advisory committee. She is involved in a grant (in-kind) supported by the National Health and Medical Research Council of Australia. She also received grants from the Health Research Council of NZ and funds from the US National Institute for Health and the Food and Drug Administration tobacco regulatory science grant. She has acted as a paid reviewer for grant awarding bodies. She has no financial links with tobacco companies, e-cigarette manufacturers, or their representatives.

    Vili Nosa has received funding from the Health Research Council of NZ.

    – ref. Quitting the quit-aid: people trying to stop vaping nicotine need more support – here are some strategies to help – https://theconversation.com/quitting-the-quit-aid-people-trying-to-stop-vaping-nicotine-need-more-support-here-are-some-strategies-to-help-259899

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: Feenstra Celebrates President Trump Signing “One, Big, Beautiful Bill” into Law

    Source: United States House of Representatives – Representative Randy Feenstra (IA-04)

    WASHINGTON, D.C. — On Friday July 4th, U.S. Rep. Randy Feenstra (R-Hull) released the following statement after attending the signing ceremony for President Trump’s “One, Big, Beautiful Bill.”

    “It was an honor to be watch President Trump sign into law the ‘One, Big, Beautiful Bill.’ This legislation is the largest tax cut for Iowa families, farmers, workers, seniors, and small businesses in history. It will grow our economy, keep our border secure, unleash American energy production, and invest in our military. I thank President Trump for his leadership and mission making the ‘One, Big, Beautiful Bill’ the law of the land.”

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    MIL OSI USA News –