NewzIntel.com

Category: Business

  • MIL-OSI: onsemi to Announce Second Quarter Financial Results

    Source: GlobeNewswire (MIL-OSI)

    SCOTTSDALE, Ariz., July 17, 2025 (GLOBE NEWSWIRE) — onsemi (Nasdaq: ON) plans to announce its financial results for the second quarter, which ended July 4, 2025, before the market opens on Monday, August 4, 2025.

    The company will host a conference call at 9 a.m. Eastern Time (ET) on August 4, 2025, following the release of its financial results. Investors and interested parties can access the conference call in the following manner:

    • Webcast: A live webcast of the conference call will be available via the “Investor Relations” section of the company’s website at http://www.onsemi.com. The re-broadcast of the call will be available at this site approximately one hour following the live broadcast and will remain available for 30 days.
    • Teleconference: Investors and interested parties can also access the conference call by pre-registering here.


    About onsemi

    onsemi (Nasdaq: ON) is driving disruptive innovations to help build a better future. With a focus on automotive and industrial end-markets, the company is accelerating change in megatrends such as vehicle electrification and safety, sustainable energy grids, industrial automation, and 5G and cloud infrastructure. onsemi offers a highly differentiated and innovative product portfolio, delivering intelligent power and sensing technologies that solve the world’s most complex challenges and leads the way to creating a safer, cleaner, and smarter world. onsemi is included in the Nasdaq-100 Index® and S&P 500® index. Learn more about onsemi at www.onsemi.com.

    onsemi and the onsemi logo are trademarks of Semiconductor Components Industries, LLC. All other brand and product names appearing in this document are registered trademarks or trademarks of their respective holders.

    Contacts
            
    Krystal Heaton
    Director, Head of Public Relations
    onsemi
    (480) 242-6943
    Krystal.Heaton@onsemi.com

    Parag Agarwal
    Vice President – Investor Relations & Corporate Development
    onsemi
    (602) 244-3437
    investor@onsemi.com                                        

    The MIL Network –

  • MIL-OSI: NI Holdings, Inc. Announces Leadership Appointment

    Source: GlobeNewswire (MIL-OSI)

    FARGO, N.D., July 17, 2025 (GLOBE NEWSWIRE) — NI Holdings, Inc. (the “Company”, NASDAQ: NODK) today announced a strategic leadership appointment to support the Company’s long-term growth and execution of its core business strategies.

    Kelly Dawson has recently joined the Company as Senior Vice President and Chief Human Resources Officer. In this newly created role, Kelly will have oversight of all aspects of human resources, including talent acquisition, employee engagement, compliance and organizational development. She brings over 20 years of human resources experience, including leadership roles at multiple companies. She holds a master’s degree from Claremont Graduate University and an undergraduate degree from Stetson University.

    “We’re thrilled to welcome Kelly to both the Company and our leadership team,” said Seth Daggett, President and Chief Executive Officer. “Bringing Kelly on board is a meaningful step in our ongoing commitment to attracting, developing and retaining exceptional talent that will help support the Company’s initiatives. Kelly’s deep and diverse experience will be a tremendous asset as we continue to execute on our strategic priorities.”

    Securities and Exchange Commission (SEC) Filings
    The Company’s Quarterly Report on Form 10-Q and latest financial supplement can be found on the Company’s website at www.niholdingsinc.com. The Company’s filings with the SEC can also be found at www.sec.gov.

    About the Company
    NI Holdings, Inc. is an insurance holding company. The Company is a North Dakota business corporation that is the stock holding company of Nodak Insurance Company and became such in connection with the conversion of Nodak Mutual Insurance Company from a mutual to stock form of organization and the creation of a mutual holding company. The conversion was consummated on March 13, 2017. Immediately following the conversion, all of the outstanding shares of common stock of Nodak Insurance Company were issued to Nodak Mutual Group, Inc., which then contributed the shares to NI Holdings in exchange for 55% of the outstanding shares of common stock of NI Holdings. Nodak Insurance Company then became a wholly-owned stock subsidiary of NI Holdings. NI Holdings’ financial statements are the consolidated financial results of NI Holdings; Nodak Insurance, including Nodak’s wholly-owned subsidiaries American West Insurance Company, Primero Insurance Company, and Battle Creek Insurance Company; Direct Auto Insurance Company; and Westminster Insurance Company until the date of sale.

    Safe Harbor Statement
    Some of the statements included in this news release particularly those relating to the company’s strategies and growth, are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Actual results could vary materially. Factors that could cause actual results to vary materially include: our ability to maintain profitable operations, the adequacy of the loss and loss adjustment expense reserves, business and economic conditions, interest rates, competition from various insurance and other financial businesses, terrorism, the availability and cost of reinsurance, adverse and catastrophic weather events, including the impacts of climate change, legal and judicial developments, changes in regulatory requirements, our ability to integrate and manage successfully the insurance companies we may acquire from time to time, the impact of inflation on our operating results, and other risks we describe in the periodic reports we file with the SEC. You should not place undue reliance on any such forward-looking statements. We disclaim any obligation to update such statements or to announce publicly the results of any revisions that we may make to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.

    For a detailed discussion of the risk factors that could affect our actual results, please refer to the risk factors identified in our SEC reports, including, but not limited to our Annual Report on Form 10-K, as filed with the SEC.

    Investor Relations Contact:
    Matt Maki
    Executive Vice President, Treasurer and Chief Financial Officer
    701-212-5976
    IR@nodakins.com

    The MIL Network –

  • MIL-OSI: Trupanion Announces Second Quarter 2025 Earnings Release and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    SEATTLE, July 17, 2025 (GLOBE NEWSWIRE) — Trupanion, Inc. (Nasdaq: TRUP), a leader in medical insurance for cats and dogs, announced today it will report financial results for its 2025 second quarter after the market closes on Thursday, August 7, 2025. The company will host a conference call that day beginning shortly after 1:30 p.m. PT / 4:30 p.m. ET.

    A live webcast discussing results, guidance and management observations will be available on Trupanion’s Investor Relations site under Investor Events at http://investors.trupanion.com and will be archived online for 3 months upon completion of the conference call. A slide presentation will also be available on the site.

    Participants can access the conference call by dialing 1-844-676-1342 (United States) or 1-412-634-6683 (International). A telephonic replay of the call will also be available after the completion of the call, by dialing 1-844-512-2921 (United States) or 1-412-317-6671 (International) and entering the replay pin number: 10200168.

    About Trupanion

    Trupanion is a leader in medical insurance for cats and dogs throughout the United States, Canada, and certain countries in Continental Europe with over 1,000,000 pets currently enrolled. For over two decades, Trupanion has given pet owners peace of mind so they can focus on their pet’s recovery, not financial stress. Trupanion is committed to providing pet parents with the highest value in pet medical insurance with unlimited payouts for the life of their pets. With its patented process, Trupanion is the only North American provider with the technology to pay veterinarians directly in seconds at the time of checkout. Trupanion is listed on NASDAQ under the symbol “TRUP”. The company was founded in 2000 and is headquartered in Seattle, WA. Trupanion policies are issued, in the United States, by its wholly owned insurance entity American Pet Insurance Company and, in Canada, by Accelerant Insurance Company of Canada or GPIC Insurance Company. Policies are sold and administered in Canada by Canada Pet Health Insurance Services, Inc. dba Trupanion 309-1277 Lynn Valley Road, North Vancouver, BC V7J 0A2 and in the United States by Trupanion Managers USA, Inc. (CA license No. 0G22803, NPN 9588590). Canada Pet Health Insurance Services, Inc. is a registered damage insurance agency and claims adjuster in Quebec #603927. For more information, please visit trupanion.com.

    Contacts 

    Laura Bainbridge, Senior Vice President, Corporate Communications
    Gil Melchior, Director, Investor Relations
    Investor.Relations@trupanion.com

    The MIL Network –

  • MIL-OSI: South Plains Financial, Inc. Announces 7% Increase to Quarterly Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    LUBBOCK, Texas, July 17, 2025 (GLOBE NEWSWIRE) — South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains”), the parent company of City Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.16 per share of common stock, a 7% increase from the most recent quarterly cash dividend declared in April 2025. The dividend is payable on August 11, 2025 to shareholders of record as of the close of business on July 28, 2025.

    About South Plains Financial, Inc.

    South Plains is the bank holding company for City Bank, a Texas state-chartered bank headquartered in Lubbock, Texas. City Bank is one of the largest independent banks in West Texas and has additional banking operations in the Dallas, El Paso, Greater Houston, the Permian Basin, and College Station, Texas markets, and the Ruidoso, New Mexico market. South Plains provides a wide range of commercial and consumer financial services to small and medium-sized businesses and individuals in its market areas. Its principal business activities include commercial and retail banking, along with investment, trust and mortgage services. Please visit https://www.spfi.bank for more information.

    Contact:

    		 Mikella Newsom, Chief Risk Officer and Secretary
      investors@city.bank
      (866) 771-3347
       
       

    Source: South Plains Financial, Inc.

    The MIL Network –

  • MIL-OSI USA: Carter Introduces Bill to Spur American Economic Development in Housing

    Source: United States House of Representatives – Congressman Earl L Buddy Carter (GA-01)

    Headline: Carter Introduces Bill to Spur American Economic Development in Housing

    WASHINGTON D.C. – Rep. Earl L. “Buddy” Carter (R-GA) and Rep. Greg Stanton (D-AZ) introduced the Catalyzing Housing and American Ready Growth and Expansion (CHARGE) Investments Act, a bill that will encourage economic growth and development throughout the country by modernizing the eligibility for Transit Oriented Development (TOD) projects. The CHARGE Investments Act will create jobs, add housing, revitalize underused urban areas, and drive long-term economic growth without expanding the federal deficit. 

    Currently, federal law restricts TOD loans to projects within a half mile radius of intercity rail stations. This traditional standard largely benefits older Northeast cities, whereas most U.S. cities intentionally built their historic freight rail hubs modestly further from their downtowns. The CHARGE Investments Act ensures fair access to fiscally responsible federal loan financing administered by the Build America Bureau by expanding the TOD eligibility radius for those U.S. cities whose central business district is more than half a mile from its intercity rail or light rail. Projects inside the closest central business district within a two-mile radius of intercity rail stations, or for cities lacking intercity rail, projects within a ¼ mile radius from a light rail station, shall now be eligible.  

    “By modernizing the Railroad Rehabilitation and Improvement Financing program, the CHARGE Investments Act marks a critical step towards unlocking economic development for rural towns and growing cities alike. This bill will stimulate economic activity in not only Georgia but nationwide, ensuring some regions are not given preference over others,” said Rep. Carter. 

    “Light Rail has absolutely transformed the Valley, driving billions in private and public investment along the lines. As the cost of living rises and Arizona grows, we need more tools to develop new affordable housing units and businesses near our city centers and along the transit lines,” said Rep. Stanton. “Our CHARGE Investments Act modernizes federal financing options for transit-oriented retail and housing developments—a win-win for Arizona businesses and families.”

    The CHARGE Investments Act preserves the fiscally responsible foundation of the program by maintaining loan-based financing and requiring at least 25% private or non-federal investment while expanding access to cities unintentionally left out due to outdated limitations. These investments often generate 4–5x returns for the Treasury, driven by growth in construction, housing, hospitality, and retail.

    “The CHARGE Investments Act is the kind of forward-looking reform the hotel industry needs to spur new development opportunities, create jobs, and drive economic growth. The proposed legislation would expand loan-based financing for transit-connected projects, providing hoteliers with a critical pathway to develop projects that meet local demand. We thank Congressman Carter for his leadership on this important issue and look forward to working with him to move this legislation swiftly through Congress,” said Rosanna Maietta, President & CEO of the American Hotel & Lodging Association.

    “AAHOA also applauds the bill’s commitment to fiscal responsibility. The CHARGE Investments Act encourages market-driven investment while safeguarding taxpayer dollars by relying on loans instead of grants and requiring a minimum 25% private capital contribution. For our industry, it creates a valuable financing tool that supports smart growth, adaptive reuse, and transit-connected development,” said Kamalesh (KP) Patel, Chairman of the Asian American Hotel Owners of America (AAHOA).

    “By facilitating redevelopment near transit corridors and enabling hotel investment in high-impact areas, the CHARGE Investments Act offers a smart, modern, and locally responsive model for infrastructure and economic growth. GHLA applauds your leadership in advancing this thoughtful, pro-growth legislation. We are proud to support the CHARGE Investments Act and look forward to partnering with your office to move it forward,” said Chris Hardman, Director of Governmental Affairs for the Georgia Hotel and Lodging Association.

    Read full bill text here.

    ###

    MIL OSI USA News –

  • MIL-OSI Security: California man convicted of fraud for operating call centers that preyed on struggling homeowners

    Source: Office of United States Attorneys

    Seattle –The operator of a web of boiler-room-type call centers was convicted Wednesday in U.S. District Court in Seattle for defrauding over 1,000 distressed homeowners facing foreclosure, announced Acting U.S. Attorney Teal Luthy Miller.  Mohammed Zafaranchi, 43, aka ‘Mike Ferry’ was convicted of all twelve federal charges he faced: conspiracy to commit wire fraud, five counts of wire fraud, five counts of money laundering, and obstruction of justice. After a seven-day trial, the jury deliberated for about four hours before returning the guilty verdicts. Zafaranchi faces up to 20 years in prison when sentenced by U.S. District Judge John C. Coughenour on October 21, 2025.

    “The defendant preyed on vulnerable homeowners who were desperate to avoid losing their homes in a difficult economy,” said Acting U.S. Attorney Miller. “He manipulated these people into paying him thousands of dollars they could not afford to lose. Mr. Zafaranchi demonstrated he knew his activities were illegal when he destroyed evidence just after learning the FBI had served search warrants at one of his call centers.”

    Zafaranchi’s fraud involved purchasing data that identified homeowners who were behind on their mortgages and at risk of losing their homes. Each week, Zafaranchi sent thousands of solicitation mailers falsely telling the distressed homeowners they were eligible for government programs that would reduce their mortgage debt by 30% and reduce their interest rate to 2%. The mailers told homeowners to call a phone number before a made-up deadline to get the mortgage modification.

    When homeowners called the call centers, operators followed a series of scripts telling homeowners that lawyers and underwriters had vetted their case and negotiated a modification with their lender. The scripts instructed operators to place callers on hold for a pre-determined amount of time to build suspense and make it appear a review was underway.  The operator would then return to the line and tell each victim he or she was one of the very select few who qualified for the program—but only if the homeowner paid the call center a $3,000 legal fee to “finalize” the modification. Assistant United States Attorney Lauren Watts Staniar said in closing arguments that “Each stage of the script was designed to entice the victim into the fraud and get them to pay the fee.”

    In fact, Zafaranchi’s businesses had no legal or underwriting staff. Instead, untrained workers simply scanned the homeowners’ financial records, completed a basic application form, and sent the documents to the banks. The homeowners did not receive the modifications promised in the mailers, and some lost their homes.

    After taking the victims’ money, Zafaranchi laundered the funds through shell bank accounts and withdrew the proceeds in cash. He was convicted of money laundering for this conduct.

    On March 29, 2018, the FBI served a search warrant on the call center in Everett Washington. After learning of this search, Zafaranchi told his California employees to remove the computers and other evidence from his California offices. That night, Zafaranchi destroyed all records associated with three email accounts he used to operate the businesses. For that conduct, Zafaranchi was convicted of obstruction of justice.

    Zafaranchi’s two coconspirators have already pleaded guilty. Mark Lezama is scheduled for sentencing on October 14, 2025. Josh Herrera is scheduled for sentencing on October 21, 2025.

    The case was investigated by the FBI.  The case is being prosecuted by Assistant United States Attorneys Seth Wilkinson, Lauren Watts Staniar, and Dane A. Westermeyer. The Federal Housing Finance Agency Office of Inspector General provided support in the case.  

    MIL Security OSI –

  • MIL-OSI: Asure Software to Announce Second Quarter 2025 Financial Results on July 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, July 17, 2025 (GLOBE NEWSWIRE) — Asure Software, Inc. (“Asure” or the “Company”) (Nasdaq: ASUR), a leading provider of cloud-based Human Capital Management (HCM) software solutions, announced today that the Company will hold a conference call on Thursday, July 31, 2025 at 4:30 p.m. Eastern time to discuss its financial results for the second quarter of 2025. Financial results will be issued via press release prior to the call.

    Asure Chairman and CEO Pat Goepel as well as CFO John Pence will host the conference call, followed by a question-and-answer session.

    Date: Thursday, July 31, 2025
    Time: 4:30 p.m. Eastern time (3:30 p.m. Central time)
    U.S. dial-in: 877-407-9219
    International dial-in: 201-689-8852
    Confirmation: 13754831

    Please call the conference telephone number 5-10 minutes prior to the start time of the conference call. An operator will register your name and organization.

    The conference call will also be webcast on the investor relations section of Asure Software’s website here. A replay of the webcast will be available.

    About Asure Software
    Asure Software (Nasdaq: ASUR) provides cloud-based Human Capital Management (HCM) software solutions that assist organizations of all sizes in streamlining their HCM processes. Asure’s suite of HCM solutions includes HR, payroll, time and attendance, benefits administration, payroll tax management, and talent management. The company’s approach to HR compliance services incorporates AI technology to enhance scalability and efficiency while prioritizing client interactions. For more information, please visit www.asuresoftware.com.

    Investor Contact:
    Patrick McKillop
    Vice President Investor Relations
    617-335-5058
    patrick.mckillop@asuresoftware.com

    The MIL Network –

  • MIL-OSI: Eos Energy Enterprises Announces Date for Second Quarter 2025 Financial Results and Conference Call

    Source: GlobeNewswire (MIL-OSI)

    EDISON, N.J., July 17, 2025 (GLOBE NEWSWIRE) — Eos Energy Enterprises, Inc. (NASDAQ: EOSE) (“Eos” or the “Company”), an American energy company and the leading innovator in designing, sourcing, manufacturing, and providing zinc-based battery energy storage systems (BESS) manufactured in the United States, today announced it will release its second quarter 2025 financial results after the U.S. market closes on July 30, 2025. A conference call to discuss its results will take place the following morning on July 31, 2025, at 8:30 a.m. Eastern Time.

    Eos partners with Say Technologies to allow retail and institutional shareholders to submit and vote on questions ahead of the earnings call. A selection of key questions applicable to the broad investor base will be addressed live during the call, offering shareholders an opportunity to engage with Eos management.

    Beginning on July 18, 2025, at 8:00 a.m. ET, registered shareholders will be able to submit questions via the Say Technologies Q&A Platform, which will remain open until 6:00 p.m. ET on July 28, 2025. For any support inquiries shareholders may email support@saytechnologies.com.

    Registration Information

    The live webcast of the earnings call will be available on the “Investor Relations” page of the Company’s website at Eos Investors or may be accessed using this link (registration link). To avoid delays, we encourage participants to join the conference call fifteen minutes ahead of the scheduled start time.

    The conference call replay will be available via webcast through Eos’ investor relations website for twelve months following the live presentation. The webcast replay will be available from approximately 11:30 a.m. ET on July 31, 2025, and can be accessed by visiting Eos Investors.

    About Eos Energy Enterprises

    Eos Energy Enterprises, Inc. is accelerating the shift to American energy independence with positively ingenious solutions that transform how the world stores power. Our breakthrough Znyth™ aqueous zinc battery was designed to overcome the limitations of conventional lithium-ion technology. It is safe, scalable, secure, sustainable, manufactured in the U.S., and the core of our innovative systems that today provides utility, industrial, and commercial customers with a proven, reliable energy storage alternative for 4 to 16+ hour applications. Eos was founded in 2008 and is headquartered in Edison, New Jersey. For more information about Eos (NASDAQ: EOSE), visit eose.com.

    Contacts
    Investors: ir@eose.com
    Media: media@eose.com

    The MIL Network –

  • MIL-OSI: Talen Energy Expands and Enhances Portfolio with Best-in-Class CCGT Acquisitions in PJM

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, July 17, 2025 (GLOBE NEWSWIRE) — Talen Energy Corporation (“Talen,” “we,” or “our”) (NASDAQ: TLN), a leading independent power producer, announced it has signed definitive agreements to acquire Caithness Energy’s Moxie Freedom Energy Center (“Moxie”) in Pennsylvania and Caithness Energy and BlackRock’s Guernsey Power Station (“Guernsey”) in Ohio, both combined-cycle gas-fired plants located within the PJM power market.

    The net acquisition price is $3.5 billion after adjusting for estimated tax benefits, or approximately $3.8 billion gross. The net purchase price reflects an attractive acquisition multiple of 6.7x 2026 EV/EBITDA for two of the most efficient natural gas plants in PJM, at a material discount to current new-build CCGT costs. The transaction is expected to be immediately accretive to free cash flow per share by over 40% in 2026, and over 50% through 2029.

    “This acquisition enhances Talen’s fleet by selectively adding modern, highly efficient baseload H-class CCGTs in Talen’s key markets, where we are an innovator in data center contracting,” said Mac McFarland, Talen President and Chief Executive Officer. “The transaction is immediately and highly accretive, maintains our balance sheet discipline, and adds more than the equivalent of another Susquehanna nuclear plant to our platform, further enabling large load service.”

    “Caithness has built an extensive portfolio of leading-edge power generation facilities to support our valued customers,” said James D. Bishop, Jr., Chairman and CEO of Caithness Energy. “We are proud of what we have accomplished and this sale to Talen positions the assets for continued success under a strong and successful management team.”

    ⸻

    Key Strategic and Acquisition Highlights

    • Expands Talen’s Fleet with Modern, High Efficiency, H-Class CCGTs: These highly efficient plants add both baseload generation and cash flow diversification. The plants have an average heat rate of 6,550 Btu/kWh. Their highly efficient dispatch profile results in significant energy margin and strong cash flow conversion and increases our annual generation by 50% from approximately 40 TWh to 60 TWh.

      The plants benefit from an advantaged location and reliable access to gas pipeline infrastructure from the Marcellus and Utica shale formations, with their rich natural gas reserves and interconnects to primary natural gas pipelines.

    • Enhances Platform for Data Center and Large-load Contracting: The addition of the facilities to Talen’s portfolio enhances Talen’s ability to offer reliable, scalable, grid-supported and regionally diverse low-carbon capacity to hyperscale data centers and large commercial off-takers. With greater operational flexibility, proximity to key load pockets, and proven track record in bilateral contracting, the proforma company will be well positioned to meet the evolving needs of high-growth, 24/7 power demand sectors.
    • Unlocks Material Value Day One: Immediately accretive to free cash flow per share by over 40% in 2026, and over 50% through 2029.
    • Maintains Balance Sheet Strength: Talen expects robust pro forma cash flows to drive rapid deleveraging and is committed to maintaining a leverage target of 3.5x or lower, anticipated by year-end 2026.
    • Capital Allocation Discipline: The acquisition supports a target of approximately $500 million of annual share repurchases through the 2026 deleveraging period with an aimed return to capital allocation of 70% of adjusted free cash flow thereafter.


    Additional Transaction Details
    Talen expects to issue approximately $3.8 billion in new debt to fund the acquisitions and refinance target debt, using both secured and unsecured instruments.

    The Moxie and Guernsey transactions are both expected to close in Q4 2025. Each transaction is subject to the satisfaction of customary closing conditions, including the expiration or termination of the waiting period pursuant to the Hart-Scott-Rodino act, and regulatory approvals from the Federal Energy Regulatory Commission and other regulatory agencies.

    As part of the transaction, Talen is also acquiring the equity interests in Guernsey owned by the mid-market infrastructure funds managed by Global Infrastructure Partners (GIP), a part of BlackRock.

    ⸻

    Advisors
    RBC Capital Markets and Citi are co-lead financial advisors to Talen. Kirkland & Ellis LLP and White & Case LLP are legal counsel to Talen. Cahill Gordon & Reindel LLP is legal counsel to RBC Capital Markets and Citi.

    Lazard is lead financial advisor to Caithness. Paul Hastings LLP is legal counsel to Caithness. Morgan Stanley & Co. LLC served as lead financial advisor and Simpson Thacher & Bartlett LLP is legal counsel to Global Infrastructure Partners, a part of BlackRock.

    ⸻

    Investor Call
    Talen will host an investor call at 4:30 p.m. EDT today, Thursday, July 17, 2025. To participate in the call, please register for the webcast via the page linked here. Participants can also join by phone by registering via the form linked here prior to the start time of the call to receive a conference call dial-in number. For those unable to participate in the live event, a digital replay will be archived for approximately one year and available on the Events page of Talen’s Investor Relations website linked here.

    ⸻

    About Talen
    Talen Energy (NASDAQ: TLN) is a leading independent power producer and energy infrastructure company dedicated to powering the future. We own and operate approximately 10.7 gigawatts of power infrastructure in the United States, including 2.2 gigawatts of nuclear power and a significant dispatchable fossil fleet. We produce and sell electricity, capacity, and ancillary services into wholesale U.S. power markets, with our generation fleet principally located in the Mid-Atlantic and Montana. Our team is committed to generating power safely and reliably and delivering the most value per megawatt produced. Talen is also powering the digital infrastructure revolution. We are well-positioned to serve this growing industry, as artificial intelligence data centers increasingly demand more reliable, clean power. Talen is headquartered in Houston, Texas. For more information, visit https://www.talenenergy.com/.

    ⸻

    About Caithness
    Caithness Energy, LLC is a privately held independent power producer with over 30 years of experience developing, managing, and operating innovative power generation projects. Headquartered in New York, Caithness focuses on clean, efficient natural gas and renewable energy assets, including the Moxie and Guernsey facilities—some of the most advanced combined-cycle gas plants in the U.S. The company is known for its leadership in developing state-of-the-art, low-carbon generation solutions that support reliable power delivery and environmental stewardship.

    ⸻

    Forward-Looking Statements
    This communication contains forward-looking statements within the meaning of the federal securities laws, which statements are subject to substantial risks and uncertainties. These forward-looking statements are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this communication, or incorporated by reference into this communication, are forward-looking statements. Throughout this communication, we have attempted to identify forward-looking statements by using words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “forecasts,” “goal,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will,” or other forms of these words or similar words or expressions or the negative thereof, although not all forward-looking statements contain these terms. Forward-looking statements address future events and conditions concerning, among other things statements regarding the proposed Moxie and Guernsey acquisitions, the expected closing of the proposed transactions and the timing thereof, the financing of the proposed transactions, capital expenditures, earnings, litigation, regulatory matters, hedging, liquidity and capital resources, accounting matters, expectations, beliefs, plans, objectives, goals, strategies, future events or performance, shareholder returns and underlying assumptions. Forward-looking statements are subject to substantial risks and uncertainties that could cause our future business, financial condition, results of operations or performance to differ materially from our historical results or those expressed or implied in any forward-looking statement contained in this communication. All of our forward-looking statements include assumptions underlying or relating to such statements that may cause actual results to differ materially from expectations and are subject to numerous factors that present considerable risks and uncertainties.

    ⸻

    Talen Contact Information

    Investor Relations
    Sergio Castro, Talen Energy
    Vice President & Treasurer
    (281) 203-5315
    InvestorRelations@talenenergy.com

    Media Contact
    Taryne Williams, Talen Energy
    Director, Corporate Communications
    Taryne.Williams@talenenergy.com

    The MIL Network –

  • MIL-OSI: Credit Acceptance Named 2025 Top Workplace in Financial Services

    Source: GlobeNewswire (MIL-OSI)

    Southfield, Michigan, July 17, 2025 (GLOBE NEWSWIRE) — Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a 2025 Top Workplace in Financial Services for the second consecutive year. We ranked #4 in the 1,000+ employee size category, up five spots from last year.

    “Our goal is to create a workplace where team members love coming to work because they know they can make a difference,” said Ken Booth, Chief Executive Officer, Credit Acceptance. “Through a meaningful mission that gives team members opportunities to positively impact the lives of our customers, our listening culture where every voice matters, and a commitment to remote work that provides incredible flexibility, it’s clear why we’re consistently recognized as a great place to work.”

    Alongside our mission of changing lives, our PRIDE values—Positive, Respectful, Insightful, Direct, Earnest—are the foundation of our culture. By living these values each day, team members create an environment where trust is built, collaboration thrives, and every person feels empowered to make a difference.

    This is the fourth workplace award we have received this year, including reaching #34 on Fortune’s 2025 100 Best Companies to Work For® list and #2 on the 2025 Top Workplaces USA list.

    The Top Workplaces USA Awards are based on a survey administered by Energage which measures 15 culture drivers that are proven to predict high performance against industry benchmarks.

    About Credit Acceptance

    We make vehicle ownership possible by providing innovative financing solutions that enable automobile dealers to sell vehicles to consumers regardless of their credit history. Our financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers who otherwise could not obtain financing; from repeat and referral sales generated by these same customers; and from sales to customers responding to advertisements for our financing programs, but who actually end up qualifying for traditional financing.

    Without our financing programs, consumers are often unable to purchase vehicles, or they purchase unreliable ones. Further, as we report to the three national credit reporting agencies, an important ancillary benefit of our programs is that we provide consumers with an opportunity to improve their lives by improving their credit score and move on to more traditional sources of financing. Credit Acceptance is publicly traded on the Nasdaq Stock Market under the symbol CACC. For more information, visit creditacceptance.com.

    About Energage

    Energage is a purpose-driven company that helps organizations turn employee feedback into useful business intelligence and credible employer recognition through Top Workplaces. Built on 18 years of culture research and the results from 27 million employees surveyed across more than 70,000 organizations, Energage delivers the most accurate competitive benchmark available. With access to a unique combination of patented analytic tools and expert guidance, Energage customers lead the competition with an engaged workforce and an opportunity to gain recognition for their people-first approach to culture. For more information or to nominate your organization, visit energage.com or topworkplaces.com.

    The MIL Network –

  • MIL-OSI: Credit Acceptance Named 2025 Top Workplace in Financial Services

    Source: GlobeNewswire (MIL-OSI)

    Southfield, Michigan, July 17, 2025 (GLOBE NEWSWIRE) — Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) has been named a 2025 Top Workplace in Financial Services for the second consecutive year. We ranked #4 in the 1,000+ employee size category, up five spots from last year.

    “Our goal is to create a workplace where team members love coming to work because they know they can make a difference,” said Ken Booth, Chief Executive Officer, Credit Acceptance. “Through a meaningful mission that gives team members opportunities to positively impact the lives of our customers, our listening culture where every voice matters, and a commitment to remote work that provides incredible flexibility, it’s clear why we’re consistently recognized as a great place to work.”

    Alongside our mission of changing lives, our PRIDE values—Positive, Respectful, Insightful, Direct, Earnest—are the foundation of our culture. By living these values each day, team members create an environment where trust is built, collaboration thrives, and every person feels empowered to make a difference.

    This is the fourth workplace award we have received this year, including reaching #34 on Fortune’s 2025 100 Best Companies to Work For® list and #2 on the 2025 Top Workplaces USA list.

    The Top Workplaces USA Awards are based on a survey administered by Energage which measures 15 culture drivers that are proven to predict high performance against industry benchmarks.

    About Credit Acceptance

    We make vehicle ownership possible by providing innovative financing solutions that enable automobile dealers to sell vehicles to consumers regardless of their credit history. Our financing programs are offered through a nationwide network of automobile dealers who benefit from sales of vehicles to consumers who otherwise could not obtain financing; from repeat and referral sales generated by these same customers; and from sales to customers responding to advertisements for our financing programs, but who actually end up qualifying for traditional financing.

    Without our financing programs, consumers are often unable to purchase vehicles, or they purchase unreliable ones. Further, as we report to the three national credit reporting agencies, an important ancillary benefit of our programs is that we provide consumers with an opportunity to improve their lives by improving their credit score and move on to more traditional sources of financing. Credit Acceptance is publicly traded on the Nasdaq Stock Market under the symbol CACC. For more information, visit creditacceptance.com.

    About Energage

    Energage is a purpose-driven company that helps organizations turn employee feedback into useful business intelligence and credible employer recognition through Top Workplaces. Built on 18 years of culture research and the results from 27 million employees surveyed across more than 70,000 organizations, Energage delivers the most accurate competitive benchmark available. With access to a unique combination of patented analytic tools and expert guidance, Energage customers lead the competition with an engaged workforce and an opportunity to gain recognition for their people-first approach to culture. For more information or to nominate your organization, visit energage.com or topworkplaces.com.

    The MIL Network –

  • MIL-OSI: Netcapital Announces Closing of Up To $5.9 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

    Source: GlobeNewswire (MIL-OSI)

    $3 million upfront with up to an additional $2.9 million of potential aggregate gross proceeds upon the exercise in full of short-term warrants

    Boston, July 17, 2025 (GLOBE NEWSWIRE) — Netcapital Inc. (the “Company”) (NASDAQ: NCPL, NPCLW), a digital private capital markets ecosystem, today announced the closing of its previously announced registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of 641,712 shares of common stock at a purchase price of $4.675 per share. In a concurrent private placement, the Company issued unregistered short-term warrants to purchase up to 641,712 shares of common stock at an exercise price of $4.55 per share that are immediately exercisable upon issuance and will expire twenty-four months following the effective date of the registration statement covering the resale of the shares of common stock issuable upon exercise of the unregistered short-term warrants.

    H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

    The gross proceeds to the Company from the offering were approximately $3 million, before deducting placement agent fees and other offering expenses payable by the Company. The potential additional gross proceeds to the Company from the unregistered short-term warrants, if fully-exercised on a cash basis, will be approximately $2.9 million. No assurance can be given that any of such unregistered short-term warrants will be exercised. The Company intends to use the net proceeds from the offering for the repayment of certain outstanding promissory notes and for general working capital purposes.

    The common stock (but not the unregistered short-term warrants and the shares of common stock underlying the unregistered short-term warrants) described above were offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No. 333-267921) that was declared effective by the Securities and Exchange Commission (the “SEC”) on October 26, 2022. The offering of the shares of common stock was made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A final prospectus supplement and accompanying prospectus relating to the registered direct offering was filed with the SEC. Electronic copies of the final prospectus supplement and accompanying prospectus may be obtained on the SEC’s website at http://www.sec.gov or by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, New York 10022, by phone at (212) 856-5711 or e-mail at placements@hcwco.com.

    The unregistered short-term warrants described above were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and/or Regulation D promulgated thereunder and, along with the shares of common stock underlying such unregistered short-term warrants, have not been registered under the Securities Act, or applicable state securities laws. Accordingly, the unregistered short-term warrants and underlying shares of common stock may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

    About Netcapital Inc.

    Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. The Company’s consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies. The Company’s funding portal, Netcapital Funding Portal Inc. is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association. The Company’s broker-dealer, Netcapital Securities Inc., is also registered with the SEC and is a member of FINRA.

    Forward Looking Statements

    The information contained herein includes forward-looking statements. These statements relate to future events, including, but not limited to, statements relating to the exercise of the unregistered short-term warrants prior to their expiration and statements regarding the anticipated use of proceeds from the offering, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

    Investor Contacts
    800-460-0815 
    ir@netcapital.com

    The MIL Network –

  • MIL-OSI: Netcapital Announces Closing of Up To $5.9 Million Registered Direct Offering Priced At-The-Market Under Nasdaq Rules

    Source: GlobeNewswire (MIL-OSI)

    $3 million upfront with up to an additional $2.9 million of potential aggregate gross proceeds upon the exercise in full of short-term warrants

    Boston, July 17, 2025 (GLOBE NEWSWIRE) — Netcapital Inc. (the “Company”) (NASDAQ: NCPL, NPCLW), a digital private capital markets ecosystem, today announced the closing of its previously announced registered direct offering priced at-the-market under Nasdaq rules for the purchase and sale of 641,712 shares of common stock at a purchase price of $4.675 per share. In a concurrent private placement, the Company issued unregistered short-term warrants to purchase up to 641,712 shares of common stock at an exercise price of $4.55 per share that are immediately exercisable upon issuance and will expire twenty-four months following the effective date of the registration statement covering the resale of the shares of common stock issuable upon exercise of the unregistered short-term warrants.

    H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

    The gross proceeds to the Company from the offering were approximately $3 million, before deducting placement agent fees and other offering expenses payable by the Company. The potential additional gross proceeds to the Company from the unregistered short-term warrants, if fully-exercised on a cash basis, will be approximately $2.9 million. No assurance can be given that any of such unregistered short-term warrants will be exercised. The Company intends to use the net proceeds from the offering for the repayment of certain outstanding promissory notes and for general working capital purposes.

    The common stock (but not the unregistered short-term warrants and the shares of common stock underlying the unregistered short-term warrants) described above were offered by the Company pursuant to a “shelf” registration statement on Form S-3 (File No. 333-267921) that was declared effective by the Securities and Exchange Commission (the “SEC”) on October 26, 2022. The offering of the shares of common stock was made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A final prospectus supplement and accompanying prospectus relating to the registered direct offering was filed with the SEC. Electronic copies of the final prospectus supplement and accompanying prospectus may be obtained on the SEC’s website at http://www.sec.gov or by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, New York 10022, by phone at (212) 856-5711 or e-mail at placements@hcwco.com.

    The unregistered short-term warrants described above were offered in a private placement under Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and/or Regulation D promulgated thereunder and, along with the shares of common stock underlying such unregistered short-term warrants, have not been registered under the Securities Act, or applicable state securities laws. Accordingly, the unregistered short-term warrants and underlying shares of common stock may not be offered or sold in the United States except pursuant to an effective registration statement or an applicable exemption from the registration requirements of the Securities Act and such applicable state securities laws.

    This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

    About Netcapital Inc.

    Netcapital Inc. is a fintech company with a scalable technology platform that allows private companies to raise capital online and provides private equity investment opportunities to investors. The Company’s consulting group, Netcapital Advisors, provides marketing and strategic advice and takes equity positions in select companies. The Company’s funding portal, Netcapital Funding Portal Inc. is registered with the U.S. Securities & Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a registered national securities association. The Company’s broker-dealer, Netcapital Securities Inc., is also registered with the SEC and is a member of FINRA.

    Forward Looking Statements

    The information contained herein includes forward-looking statements. These statements relate to future events, including, but not limited to, statements relating to the exercise of the unregistered short-term warrants prior to their expiration and statements regarding the anticipated use of proceeds from the offering, or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

    Investor Contacts
    800-460-0815 
    ir@netcapital.com

    The MIL Network –

  • MIL-OSI: AppFolio, Inc. Announces Date of Second Quarter 2025 Financial Results Conference Call

    Source: GlobeNewswire (MIL-OSI)

    SANTA BARBARA, Calif., July 17, 2025 (GLOBE NEWSWIRE) — AppFolio, Inc. (NASDAQ: APPF) today announced that it will report its second quarter 2025 financial results after the close of the U.S. financial markets on Thursday, July 31, 2025.

    In conjunction with this announcement, AppFolio will host a conference call on Thursday, July 31, 2025, at 5:00 p.m. (Eastern Time), to discuss the company’s financial results and business outlook. A live webcast of the call will be available at https://edge.media-server.com/mmc/p/ijgr58yt. To access the call by phone, please go to the following link: https://register-conf.media-server.com/register/BIdccd543a8ef7485c8f06cd2837c68ea9, and you will be provided with dial in details. A replay of the webcast will also be available for a limited time on AppFolio’s Investor Relations website at https://ir.appfolioinc.com/news-events/events.

    Disclosure Information
    AppFolio uses and intends to continue to use its Investor Relations website as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor AppFolio’s Investor Relations website in addition to following AppFolio’s SEC filings, public conference calls, press releases, and webcasts.

    About AppFolio
    AppFolio is a technology leader powering the future of the real estate industry. Our innovative platform and trusted partnership enable our customers to connect communities, increase operational efficiency, and grow their business. For more information about AppFolio, visit appfolio.com.

    Investor Contact:
    Lori Barker
    ir@appfolio.com

    The MIL Network –

  • MIL-OSI: ACM Research to Release Second Quarter 2025 Financial Results on August 6, 2025

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., July 17, 2025 (GLOBE NEWSWIRE) — ACM Research, Inc. (“ACM”) (NASDAQ: ACMR) announced today that it will release its financial results for the second quarter of 2025 before the U.S. market open on Wednesday, August 6, 2025. ACM will conduct a corresponding conference call at 8:00 a.m. U.S. Eastern Time (8:00 p.m. China Time) to discuss the results.

      What: ACM Second Quarter (ended June 30, 2025) Earnings Call
      When: 8:00 a.m. U.S. Eastern Time on Wednesday, August 6, 2025
      Webcast: ir.acmr.com/news-events/events

    To join the conference call via telephone, participants must use the following link to complete an online registration process. Upon registering, each participant will receive email instructions to access the conference call, including dial-in information and a PIN number allowing access to the conference call. This pre-registration process is designed by the operator to reduce delays due to operator congestion when accessing the live call.

    Online Registration:  https://register-conf.media-server.com/register/BI4cceb211743b41b191ff1a256e07b4cf

    Participants who have not pre-registered may join the webcast by accessing the link at ir.acmr.com/news-events/events.

    A live and archived webcast of the conference call will be available on the Investors section of ACM’s website at www.acmr.com.

    About ACM Research, Inc.

    ACM develops, manufactures and sells semiconductor process equipment spanning cleaning, electroplating, stress-free polishing, vertical furnace processes, track, PECVD, and wafer- and panel-level packaging tools, enabling advanced and semi-critical semiconductor device manufacturing. ACM is committed to delivering customized, high-performance, cost-effective process solutions that semiconductor manufacturers can use in numerous manufacturing steps to improve productivity and product yield. For more information, visit www.acmr.com.

    © ACM Research, Inc. The ACM Research logo is a trademark of ACM Research, Inc. For convenience, this trademark appears in this press release without a ™ symbol, but that practice does not mean that ACM will not assert, to the fullest extent under applicable law, its rights to such trademark.

    For investor and media inquiries, please contact:
      In the United States: The Blueshirt Group
        Steven C. Pelayo, CFA
        +1 (360) 808-5154
        steven@blueshirtgroup.co
         
      In China: The Blueshirt Group Asia
        Gary Dvorchak, CFA
        +86 (138) 1079-1480
        gary@blueshirtgroup.co

    The MIL Network –

  • MIL-OSI: ACM Research to Release Second Quarter 2025 Financial Results on August 6, 2025

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., July 17, 2025 (GLOBE NEWSWIRE) — ACM Research, Inc. (“ACM”) (NASDAQ: ACMR) announced today that it will release its financial results for the second quarter of 2025 before the U.S. market open on Wednesday, August 6, 2025. ACM will conduct a corresponding conference call at 8:00 a.m. U.S. Eastern Time (8:00 p.m. China Time) to discuss the results.

      What: ACM Second Quarter (ended June 30, 2025) Earnings Call
      When: 8:00 a.m. U.S. Eastern Time on Wednesday, August 6, 2025
      Webcast: ir.acmr.com/news-events/events

    To join the conference call via telephone, participants must use the following link to complete an online registration process. Upon registering, each participant will receive email instructions to access the conference call, including dial-in information and a PIN number allowing access to the conference call. This pre-registration process is designed by the operator to reduce delays due to operator congestion when accessing the live call.

    Online Registration:  https://register-conf.media-server.com/register/BI4cceb211743b41b191ff1a256e07b4cf

    Participants who have not pre-registered may join the webcast by accessing the link at ir.acmr.com/news-events/events.

    A live and archived webcast of the conference call will be available on the Investors section of ACM’s website at www.acmr.com.

    About ACM Research, Inc.

    ACM develops, manufactures and sells semiconductor process equipment spanning cleaning, electroplating, stress-free polishing, vertical furnace processes, track, PECVD, and wafer- and panel-level packaging tools, enabling advanced and semi-critical semiconductor device manufacturing. ACM is committed to delivering customized, high-performance, cost-effective process solutions that semiconductor manufacturers can use in numerous manufacturing steps to improve productivity and product yield. For more information, visit www.acmr.com.

    © ACM Research, Inc. The ACM Research logo is a trademark of ACM Research, Inc. For convenience, this trademark appears in this press release without a ™ symbol, but that practice does not mean that ACM will not assert, to the fullest extent under applicable law, its rights to such trademark.

    For investor and media inquiries, please contact:
      In the United States: The Blueshirt Group
        Steven C. Pelayo, CFA
        +1 (360) 808-5154
        steven@blueshirtgroup.co
         
      In China: The Blueshirt Group Asia
        Gary Dvorchak, CFA
        +86 (138) 1079-1480
        gary@blueshirtgroup.co

    The MIL Network –

  • MIL-OSI: Adams Natural Resources Fund Announces First Half 2025 Performance

    Source: GlobeNewswire (MIL-OSI)

    BALTIMORE, July 17, 2025 (GLOBE NEWSWIRE) — Adams Natural Resources Fund, Inc. (NYSE: PEO) announces the Fund’s investment returns for the first half of 2025. The total return on the Fund’s net asset value for the first half of 2025 was 2.3%, with dividends and capital gains reinvested. The comparable figures for the S&P Energy Sector and the S&P 500 Materials Sector were 0.8% and 6.0%, respectively. Our benchmark, which is comprised of the S&P 500 Energy Sector (80%) and the S&P 500 Materials Sector (20%), returned 1.8%. The total return on the Fund’s market price for the same period was 3.1%.

    The Semi-Annual Report to Shareholders is expected to be available on or about July 23, 2025.

    ANNUALIZED COMPARATIVE RETURNS (6/30/2025)
             
      1 Year 3 Year 5 Year 10 Year
    Adams Natural Resources Fund (NAV) -2.2% 10.7% 21.2% 6.1%
    Adams Natural Resources Fund (market price) 1.7% 12.3% 22.1% 6.8%
    S&P 500 Energy Sector -4.0% 9.7% 22.5% 5.5%
    S&P 500 Materials Sector 1.9% 8.4% 11.6% 8.5%
     

    NET ASSET VALUE ANNOUNCED

    The Fund’s net asset value at June 30, 2025, compared with the year earlier, was:

      6/30/2025 6/30/2024
    Net assets $634,743,865 $689,986,546
    Shares outstanding 26,888,697 25,453,641
    Net asset value per share $23.61 $27.11
     
    TEN LARGEST EQUITY PORTFOLIO HOLDINGS (6/30/2025)
     
      % of Net Assets
    Exxon Mobil Corporation 22.7%
    Chevron Corporation  11.5%
    ConocoPhilips 5.3%
    Linde plc 4.7%
    EOG Resources, Inc. 3.8%
    Williams Companies, Inc. 3.6%
    Kinder Morgan, Inc. 2.9%
    Hess Corporation 2.9%
    Phillips 66 2.8%
    Marathon Petroleum Corporation 2.7%
         Total 62.9%
      
    INDUSTRY WEIGHTINGS (6/30/2025)
       
      % of Net Assets
    Energy  
    Integrated Oil & Gas 35.1%
    Exploration & Production 19.8%
    Storage & Transportation 11.6%
    Refining & Marketing 7.2%
    Equipment & Services 5.1%
       
    Materials  
    Chemicals 13.6%
    Metals & Mining 3.6%
    Containers & Packaging 1.8%
    Construction Materials 1.6%
      

    About Adams Funds

    Since 1929, Adams Funds has consistently helped generations of investors reach their investment goals. Adams Funds is comprised of two closed-end funds, Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO). The Funds are actively managed by an experienced team with a disciplined approach and have paid dividends for more than 90 years across many market cycles. The Funds are committed to paying a minimum annual distribution rate of 8% of NAV paid evenly each quarter throughout the year, providing reliability for long-term shareholders. A portion of any distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain, and return of capital. The final determination of the source of all distributions for tax reporting purposes in a calendar year, including the percentage of qualified dividend income, will be made after year-end. Shares can be purchased through our transfer agent or through a broker. For more information about Adams Funds, please visit: adamsfunds.com.

    For further information: adamsfunds.com/about/contact or 800.638.2479

    The MIL Network –

  • MIL-OSI: Bank OZK Announces Record Second Quarter 2025 Earnings

    Source: GlobeNewswire (MIL-OSI)

    LITTLE ROCK, Ark., July 17, 2025 (GLOBE NEWSWIRE) — Bank OZK (the “Bank”) (Nasdaq: OZK) today announced that net income available to common stockholders for the second quarter of 2025 was a record $178.9 million, a 3.1% increase from $173.5 million for the second quarter of 2024. For the first six months of 2025, net income available to common stockholders was $346.8 million, a 0.5% increase from $345.0 million for the first six months of 2024. Diluted earnings per common share (“EPS”) for the second quarter of 2025 were a record $1.58, a 3.9% increase from $1.52 for the second quarter of 2024. EPS for the first six months of 2025 were $3.05, a 0.7% increase from $3.03 for the first six months of 2024.

    George Gleason, Chairman and Chief Executive Officer, stated, “One of our goals for 2025 is to improve on our record 2024 net income and EPS. Our strong results for the first half of the year put us in a great position to achieve that goal. Our talented, entrepreneurial and veteran team is well suited for the very dynamic environment in which we operate today. Our excellent results for the quarter included record net income, record EPS, record net interest income, excellent growth in loans and deposits, and solid asset quality. These results demonstrate our team’s ability to proactively and effectively manage the various challenges of this environment while capitalizing on numerous opportunities.”

    MANAGEMENT COMMENTS, FINANCIAL SUPPLEMENT AND CONFERENCE CALL

    In connection with this release, the Bank released its management comments on its quarterly results and a financial supplement, which are available at the Bank’s investor relations website.

    Management will conduct a conference call to take questions at 7:30 a.m. CT (8:30 a.m. ET) on Friday, July 18, 2025. Interested parties may access the conference call live via webcast on the Bank’s investor relations website, or may participate via telephone by registering using this online form. Upon registration, all telephone participants will receive the dial-in number along with a unique PIN number that can be used to access the call. A replay of the conference call webcast will be archived on the Bank’s website for at least 30 days.

    GENERAL INFORMATION

    Bank OZK (Nasdaq: OZK) is a regional bank providing innovative financial solutions delivered by expert bankers with a relentless pursuit of excellence. Established in 1903, Bank OZK conducts banking operations in over 250 offices in nine states including Arkansas, Georgia, Florida, North Carolina, Texas, Tennessee, New York, California and Mississippi and had $41.5 billion in total assets as of June 30, 2025. For more information, visit ozk.com.

    The Bank files annual, quarterly and current reports, proxy materials, and other information required by the Securities Exchange Act of 1934 with the Federal Deposit Insurance Corporation (“FDIC”), copies of which are available electronically at the FDIC’s website and are also available on the Bank’s investor relations website at ir.ozk.com. Use this online form to receive automated email notifications for these materials.

    FORWARD-LOOKING STATEMENTS

    This press release and other communications by the Bank and its management may include certain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts. Forward-looking statements often use words such as “anticipates,” “targets,” “expects,” “hopes,” “estimates,” “intends,” “plans,” “goals,” “believes,” “continue” and other similar expressions or future or conditional verbs such as “will,” “may,” “might,” “should,” “would” and “could.” Forward-looking statements represent the Bank’s current expectations, plans or forecasts of its future results, revenues, liquidity, net interest income, provision for credit losses, expenses, efficiency ratio, capital measures, strategy, deposits, assets, and future business and economic conditions more generally, and other future matters. These statements are not guarantees of future results or performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond the Bank’s control. Actual outcomes and results may differ materially from those expressed in, or implied by, any of these forward-looking statements.

         
    Investor Contact:   Jay Staley (501) 906-7842
    Media Contact:   Michelle Rossow (501) 906-3922
         

    The MIL Network –

  • MIL-Evening Report: AI is now part of our world. Uni graduates should know how to use it responsibly

    Source: The Conversation (Au and NZ) – By Rachel Fitzgerald, Associate Professor and Deputy Associate Dean (Academic), Faculty of Business, Economics and Law, The University of Queensland

    MTStock Studio/ Getty Images

    Artificial intelligence is rapidly becoming an everyday part of lives. Many of us use it without even realising, whether it be writing emails, finding a new TV show or managing smart devices in our homes.

    It is also increasingly used in many professional contexts – from helping with recruitment to supporting health diagnoses and monitoring students’ progress in school.

    But apart from a handful of computing-focused and other STEM programs, most Australian university students do not receive formal tuition in how to use AI critically, ethically or responsibly.

    Here’s why this is a problem and what we can do instead.

    AI use in unis so far

    A growing number of Australian universities now allow students to use AI in certain assessments, provided the use is appropriately acknowledged.

    But this does not teach students how these tools work or what responsible use involves.

    Using AI is not as simple as typing questions into a chat function. There are widely recognised ethical issues around its use including bias and misinformation. Understanding these is essential for students to use AI responsibly in their working lives.

    So all students should graduate with a basic understanding of AI, its limitations, the role of human judgement and what responsible use looks like in their particular field.

    We need students to be aware of bias in AI systems. This includes how their own biases could shape how they use the AI (the questions they ask and how they interpret its output), alongside an understanding of the broader ethical implications of AI use.

    For example, does the data and the AI tool protect people’s privacy? Has the AI made a mistake? And if so, whose responsibility is that?

    What about AI ethics?

    The technical side of AI is covered in many STEM degrees. These degrees, along with philosophy and psychology disciplines, may also examine ethical questions around AI. But these issues are not a part of mainstream university education.

    This is a concern. When future lawyers use predictive AI to draft contracts, or business graduates use AI for hiring or marketing, they will need skills in ethical reasoning.

    Ethical issues in these scenarios could include unfair bias, like AI recommending candidates based on gender or race. It could include issues relating to a lack of transparency, such as not knowing how an AI system made a legal decision. Students need to be able to spot and question these risks before they cause harm.

    In healthcare, AI tools are already supporting diagnosis, patient triage and treatment decisions.

    As AI becomes increasingly embedded in professional life, the cost of uncritical use also scales up, from biased outcomes to real-world harm.

    For example, if a teacher relies on AI carelessly to draft a lesson plan, students might learn a version of history that is biased or just plain wrong. A lawyer who over-relies on AI could submit a flawed court document, putting their client’s case at risk.

    How can we do this?

    There are international examples we can follow. The University of Texas at Austin and University of Edinburgh both offer programs in ethics and AI. However, both of these are currently targeted at graduate students. The University of Texas program is focused on teaching STEM students about AI ethics, whereas the University of Edinburgh’s program has a broader, interdiscplinary focus.

    Implementing AI ethics in Australian universities will require thoughtful curriculum reform. That means building interdisciplinary teaching teams that combine expertise from technology, law, ethics and the social sciences. It also means thinking seriously about how we engage students with this content through core modules, graduate capabilities or even mandatory training.

    It will also require investment in academic staff development and new teaching resources that make these concepts accessible and relevant to different disciplines.

    Government support is essential. Targeted grants, clear national policy direction, and nationally shared teaching resources could accelerate the shift. Policymakers could consider positioning universities as “ethical AI hubs”. This aligns with the government-commissioned 2024 Australian University Accord report, which called for building capacity to meet the demands of the digital era.

    Today’s students are tomorrow’s decision-makers. If they don’t understand the risks of AI and its potential for error, bias or threats to privacy, we will all bear the consequences. Universities have a public responsibility to ensure graduates know how to use AI responsibly and understand why their choices matter.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. AI is now part of our world. Uni graduates should know how to use it responsibly – https://theconversation.com/ai-is-now-part-of-our-world-uni-graduates-should-know-how-to-use-it-responsibly-261273

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Rising seas threaten to swallow one of NZ’s oldest settlement sites – new research

    Source: The Conversation (Au and NZ) – By Peter N. Meihana, Senior Lecturer in History, Te Kunenga ki Pūrehuroa – Massey University

    Veronika Meduna, CC BY-SA

    One of Aotearoa New Zealand’s oldest settlement sites is at risk of being washed away by rising seas, according to new research.

    Te Pokohiwi o Kupe (Wairau Bar) near Blenheim is a nationally significant archaeological site. It dates back to the first arrival of people and holds the remains of first-generation Polynesian settlers as well as many cultural artefacts.

    The site is significant for the local iwi, Rangitāne o Wairau, because of its history of colonial exploitation and the eventual repatriation of koiwi tangata (ancestral remains) in 2009, which marks an important moment in the modern history of Rangitāne.

    Coastal flooding is already a hazard at Te Pokohiwi o Kupe, but this increases dramatically as sea level rises. The study, led by Te Rūnanga a Rangitāne o Wairau in partnership with researchers at Earth Sciences NZ, shows about 20% of the site could be inundated during a 100-year storm event under current sea levels.

    But with 50 centimetres of climate-driven sea-level rise, which could occur as soon as the 2050s under high-emissions scenarios, more than half of the site could flood in the same event. If sea levels rise to a metre, which could be reached during the early 2100s, three-quarters of the site will be inundated and subject to significant erosion.

    From grave robbers to collaborators

    During the first part of the 20th century, the site was raided by fossickers searching for curios. In 1939, they uncovered an urupa (cemetery) and disinterred the remains of one of the earliest ancestors, along with their sperm whale tooth necklace and moa egg.

    Further “discoveries” drew Roger Duff, then an ethnologist at the Canterbury Museum, to the site in 1942. He led several excavations until the summer of 1963-64.

    The Rangitāne community protested the excavations. Tribal elder Hohua Peter MacDonald was particularly vocal, but the tribe was unable to prevent the digs and the removal of ancestors and their burial goods.

    In 2003, Rangitāne presented their Treaty of Waitangi claims before the Waitangi Tribunal. The tribunal agreed the Crown had breached the treaty in its dealings with the tribe and subsequent negotiations saw land at Te Pokohiwi returned to Rangitāne. These land parcels were close to where ancestors had been taken and the remains were eventually returned in 2009.

    Prior to the repatriation, the University of Otago, Canterbury Museum and Rangitāne agreed that research, including genetic sequencing of the koiwi tangata and an archaeological survey of the site, would take place before the reburial. Due to their past experiences, Rangitāne had little trust in the scholastic community. But in a first of its kind, a memorandum of understanding was signed between the parties.

    Before the reburial of the koiwi tangata, the iwi agreed to genetic sequencing and an archaeological survey of the site.
    Veronika Meduna, CC BY-SA

    Maintaining connections

    Our study used high-resolution, local-scale analysis of sea-level rise and coastal change to assess the risk to archaeological taonga (treasures) and wāhi tapu (sacred sites) at Te Pokohiwi o Kupe.

    By combining the knowledge of Rangitāne hapū (sub-tribal groups) about the site’s boundaries and locations of ancestral or archaeological taonga with LiDAR-derived topographic data, the research team mapped its exposure to present-day and future coastal inundation from spring tides and storm-wave events.

    Sea-level scenarios were consistent with the latest projections by the Intergovernmental Panel on Climate Change and national guidelines to estimate the likely timing of future inundation.

    Results suggest climate-driven shoreline changes and permanent inundation will increasingly threaten this culturally and archaeologically significant site.

    While this research focused on relative and extreme sea-level inundation risks, earlier palaeo-tsunami studies show the area is also known to be exposed to tsunami hazards.

    Ongoing research supported by a Natural Hazards Commission grant seeks to expand on our findings by integrating multiple inundation types with iwi-led experiences of impacts and mitigation. The goal is to develop new inclusive approaches for quantifying the effects of compounding inundation hazards.

    The integrated place-based approach underpinning this research supports dialogue about adaptation and rescue options for protecting sacred sites threatened by climate change through a combination of locally led and nationally supported interventions.

    For Rangitāne, Te Pokohiwi o Kupe is a place where relationships are maintained, responsibilities upheld and identity reaffirmed. While its archaeological value is widely recognised, its deeper significance lies in the enduring connection Rangitāne maintain with the whenua (land) and with the stories, knowledge and obligations it carries.

    Over time, the nature of that relationship has evolved. What was once marked by protest and exclusion has shifted into a place of active management and leadership, in part supported through the return of the land as part of the iwi’s treaty settlement.

    Now, with growing threats posed by sea-level rise and coastal erosion, that connection faces a different kind of challenge. The concern is not only for what may be physically lost, but for what it might mean to lose the ability to stand in that place, to gather there and to sustain the relationship that has grounded generations of Rangitāne people in Wairau.

    The focus is not only on preserving what remains, but on ensuring the connection to Te Pokohiwi continues, even as the landscape changes. More than protecting a site, this is about protecting the ability of Rangitāne to remain in meaningful relationship with Te Pokohiwi o Kupe, its stories and its significance.

    Peter N. Meihana is a trustee of Te Runanga a Rangitāne o Wairau.

    Ongoing research is supported through the Natural Hazards Commission (Toka Tū Ake EQC Project No. 4045).

    Corey Hebberd does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Rising seas threaten to swallow one of NZ’s oldest settlement sites – new research – https://theconversation.com/rising-seas-threaten-to-swallow-one-of-nzs-oldest-settlement-sites-new-research-260799

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: Australian law is clear: criticism of Israel does not breach the Racial Discrimination Act

    Source: The Conversation (Au and NZ) – By Bill Swannie, Senior Lecturer, Thomas More Law School, Australian Catholic University

    Earlier this month, the Federal Court found controversial Muslim cleric Wissam Haddad breached the Racial Discrimination Act.

    Justice Angus Stewart ruled a series of speeches Haddad posted online were “fundamentally racist and antisemitic [and] profoundly offensive” towards Jewish people in Australia.

    However, the court also ruled criticism of Israel, Zionism and the Israel Defense Forces are not antisemitic and therefore do not breach the law.

    This finding could help inform the current debate on how to define antisemitism in Australia.

    Antisemitism and the law

    Haddad’s sermons were found to include “perverse generalisations” about Jewish Australians made at a time of “heightened vulnerability” following the October 7 2023 attacks on Israel by Hamas.

    The court’s decision is based on provisions in the Racial Discrimination Act.

    The act applies equally to all racial and ethnic groups in Australia. It does not refer directly to antisemitism, nor does it prohibit it specifically.

    But Jewish people have been recognised as a distinct ethnic group protected by the act since 2002. As such, several successful court cases have been brought by Australian Jews under the laws.

    To breach the act, speech must be likely to “offend, insult, humiliate or intimidate” a reasonable member of the target group – in this case, Jewish people in Australia. Trivial or minor harms do not meet this standard.

    Also, the speech must have been done “because of” the race or ethnicity of the target group. This means the race or ethnicity of the person or group must be one of the reasons for the speech.

    The law protects against racial discrimination, which includes ethnicity. It does not prohibit religious discrimination. However, for Jews, Sikhs and other ethno-religious groups there is some overlap.

    There is no liability under the Racial Discrimination Act if the speech was done “reasonably and in good faith” for a “genuine purpose in the public interest”.

    This is the free speech defence.

    Other breaches of the RDA

    In 2002, the Federal Court found the act was breached by a website that denied the extent and existence of the Jewish Holocaust.

    The website’s creator, Frederick Toben, claimed the content was true and its publication was in the public interest. However, the language used by Toben was deliberately provocative. His clear intention to offend Jewish people meant no defence was available.

    In September 2023, a Melbourne secondary college breached the act by allowing Jewish students to be systematically bullied and harassed, including through the use of racial epithets and Nazi swastikas.

    The court took into account the intergenerational trauma experienced by students whose families were affected by the Holocaust. The school was ordered to pay compensation to the students totalling more than $400,000.

    Criticism of Israel does not breach the law

    Crucially, in the recent Haddad decision, the court stated “it is not antisemitic to criticise Israel”.

    Parts of a speech made by Haddad that referred directly to the conduct of Israel and the Israel Defense Forces did not breach the Racial Discrimination Act because they could not reasonably be regarded as referring to Jewish people.

    Further, references in the speech to Zionism were regarded by the court as referring to a political ideology, rather than Jewish ethnicity.

    However, the court did recognise that criticism of Zionism and Israel was sometimes coded, or included subtle references to Jewish identity.

    Under the act, courts must carefully consider the context of relevant speech, including the tone and language used. That means blaming Jewish people for the actions of Israel or the Israeli military, for example, could in fact breach the law.

    Antisemitism definition

    The Federal Court’s decision in the Haddad case preceded the proposed antisemitism strategy by Jillian Segal, the government’s special envoy on combating hatred against Jewish people.

    Her report recommends the International Holocaust Remembrance Alliance’s definition of antisemitism be embedded in all public institutions.

    The definition is controversial because it appears to conflate criticism of Israel with racial and ethnic prejudice. Concerns have been raised legitimate criticism of Israel and its government would be stifled if the definition was widely embraced.

    A version of the definition was adopted in February by Universities Australia, the governing body for Australian universities.

    Some universities have rejected the definition on the grounds it may restrict legitimate academic freedom on campus.

    No defence available to Haddad

    Haddad argued his speeches were justified because they were based on Islamic scriptures. However, after weighing up expert evidence, the court found denigrating Jewish people was not supported by scripture.

    The speeches were not made “reasonably and in good faith”, given Haddad had used inflammatory language. He further “courted controversy” by also maligning Christians and Hindus.

    As the speeches were no more than “bigoted polemic”, no conflict between religious freedom and the Racial Discrimination Act arose.

    In summary, Haddad breached the act by making profoundly offensive speeches regarding Jewish people in Australia.

    The court ordered the sermons be removed from social media, while Haddad was ordered not to repeat them.

    The decision clarifies that antisemitic speech is prohibited by the discrimination laws, although criticism of Israel is not.

    Bill Swannie does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Australian law is clear: criticism of Israel does not breach the Racial Discrimination Act – https://theconversation.com/australian-law-is-clear-criticism-of-israel-does-not-breach-the-racial-discrimination-act-261175

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Banking: ACP Statement on Lengthy New Review Procedures from DOI for Energy Projects

    Source: American Clean Power Association (ACP)

    Headline: ACP Statement on Lengthy New Review Procedures from DOI for Energy Projects

    WASHINGTON, D.C., July 17, 2025 – The American Clean Power Association (ACP) issued the following statement from ACP CEO Jason Grumet in response to the announcement of new lengthy review procedures from the Department of the Interior targeting solar and wind development: 
    “The recently released memo from the Interior Department is a bewildering departure from the Administration’s promise to bring down energy prices and make America competitive in the race against China for AI and data centers.     
    “In stark contradiction to the Administration’s commitment to tackling bureaucracy, this directive adds three new layers of needless process and unprecedented political review to the construction of domestic energy projects. The Secretary of the Interior will apparently now be personally reviewing thousands of documents and permit applications for everything from the location and types of fences to the grading of access roads on construction sites across the country.  
    “This intentional effort to slow energy production comes at the worst possible moment. U.S. electricity demand is projected to surge 35-50% by 2040, with data centers alone requiring over 100 GW of new capacity. To meet this demand, America needs a true ‘all of the above’ strategy, which includes additional natural gas and intense efforts to accelerate geothermal and advanced nuclear technologies.   
    “Clean energy represented 93% of new capacity added to the grid last year because these sources are the best way to meet demand right now. It’s basic economics that cutting off the fastest and most affordable energy available to the grid just as demand surges will constrain our energy supply and lead to significant cost increases for American businesses and families.   
    “This isn’t oversight. It’s obstruction that will needlessly harm the fastest growing sources of electric power. The move is particularly confounding as we look to the Administration to support bipartisan efforts in Congress to streamline permitting for all sources of American energy.”   
    ###

    MIL OSI Global Banks –

  • MIL-OSI Asia-Pac: Foreign Minister Lin leads business delegation to visit Taiwan-Paraguay Smart Technology Park in Ciudad del Este

    Source: Republic of China Taiwan

    July 13, 2025No. 240During his extensive trip to Paraguay, Minister of Foreign Affairs Lin Chia-lung visited the Taiwan-Paraguay Smart Technology Park in Ciudad del Este on July 12. He was accompanied by Paraguayan Minister of Foreign Affairs Rubén Ramírez Lezcano, Minister of Industry and Commerce Javier Giménez García de Zúñiga, Minister of Information and Communication Technologies Gustavo Villate, Executive Secretary of the Office of the President Marianna Saldívar Gadea, Deputy Minister of Public Works Emiliano Fernández, Governor of Alto Paraná César Landy Torres, President of the Taiwan-Paraguay Polytechnic University Jorge Daniel Duarte Rolon, and other officials.
     
    The technology park originates from a commitment made by President Lai Ching-te to assist Paraguay with economic development and job creation. Then Vice President Lai made the pledge in August 2023 while visiting Paraguay as a special envoy to attend the inauguration of President Santiago Peña Palacios.
     
    When Minister Lin took office on May 20 last year, he held in-depth talks on the project—which would have a profound impact on Paraguay—with President Peña, who was visiting Taiwan to attend President Lai’s inauguration. The two agreed that Taiwan and Paraguay would work together to make Paraguay a South American base for the smart technology industry and talent incubation.
     
    During his visit to the park, Minister Lin remarked that promotion of the Diplomatic Allies Prosperity Project in Paraguay followed a comprehensive plan led by a national team of businesses from Taiwan. He said that the project integrated civil engineering, private 5G network architecture, and smart applications. Minister Lin added that the initiative would not only create favorable conditions for Taiwanese enterprises investing in Paraguay, but that it would also bring substantial industrial development and employment opportunities to Paraguay. He noted that the process of building the park had been a team effort. Although there had been challenges along the way, Minister Lin said that the difficulties were a source of strength for today. He stated that the newly revitalized Taiwan-Paraguay Smart Technology Park would offer Taiwanese companies the same 006688 land rental incentive provided by special zones in Taiwan. (The 006688 plan offers free rent in years one and two, a 40 percent discount in years three and four, and a 20 percent discount in years five and six.) This is the first time that the preferential policy has been made available to Taiwanese enterprises overseas. Paraguay is also the first country outside Taiwan to apply the incentive. Minister Lin said that he had long advocated for the strategy of larger enterprises guiding smaller ones, combining soft and hard tactics, promoting public-private cooperation, and facilitating internal-external exchanges. He explained that the integration of various technological, financial, and human resources would help Taiwanese industries deploy investments in Paraguay. Minister Lin indicated that Paraguay’s stable economy, abundant and cheap supplies of water and electricity, and convenient business environment could make it a base for Taiwanese enterprises entering the South American market. 
     
    For the trip, Minister Lin extended special invitations to prominent manufacturers from all areas of the supply chain to join the delegation, tour the technology park, and explore business opportunities in Paraguay. The group included representatives from the semiconductor, AI applications, smart manufacturing, smart transportation, animal husbandry, cold chain logistics, and food processing industries. It is hoped that the companies will establish a presence in Paraguay as a joint fleet, joining forces in a new flying geese pattern of development and creating a Taiwan+n model of global industrial deployment. Taiwan will work together with Paraguay to create mutual prosperity and well-being, realizing President Lai’s policy vision of making Taiwan a global economic powerhouse.

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Oregon Department of Human Services takes first steps in moving to new and historic Astoria location

    Source: US State of Oregon

    span dir=”ltr”>The Oregon Department of Human Services (ODHS) will be moving to a newly renovated but historic location in the heart of Astoria in about a year.

    The building, at 1535 Commercial Street, was the first structure completed in 1923 after the 1922 fire that leveled much of Astoria. It is one of the first buildings you see as you drive into historic downtown Astoria. Over the years it has been an active part of the community. It’s been a police station, a fire station, a car dealership, a furniture and appliance store and a public market. There is a door in the building that leads to the infamous tunnels that, according to history, ferried crimped sailors to waiting ships and were also used during Prohibition to transport alcohol.

    Just as this building has been a part of the community throughout its past, that community legacy will continue with ODHS moving to that location. The renovation work when feasible will be done by local contractors and using local products. Cork has met with staff, Clatsop and Nehalem Tribes, local non-profits such as CASA (Court Appointed Special Advocates) and local school staff in the area to learn what their needs for the building would be.

    It is also more accessible inside and outside for people and easier to find than where the ODHS offices are now located in the port area at 450 Marine Drive. The city will be removing curbs for better wheelchair access. Also, it will be renovated to be a completely trauma-aware building.

    The agency will be leasing the building from Astoria Waterfront Group LLC. The Managing Member of AWG is former Astorian John Dulcich, of Goldsmith Land Investments, who remembers when he was a child coming to this building’s public market with his parents. Dulcich’s mother, Donna Mary, spent her entire career as a speech pathologist with the Clatsop County Educational Service District visiting the local schools helping children with speech therapy. Dulcich’s father, Vince Dulcich, was long-time football coach and Athletic Director at Astoria High School and also a commercial gillnetter.

    “This building has had a lot of public use. People know this building. And a lot of people in this area use human services. This is a safe area for people to come to. This building is also bringing family wage jobs here. I’m very excited ODHS will be bringing life back to this building,” Dulcich said.

    Because of the building’s history of service to the community, Dulcich decided to name the building the Van Dusen Mercantile Building to pay homage to the Van Dusen family.

    In 1849 wagon train pioneers Caroline and Adam Van Dusen started a general store by the same name in downtown Astoria. Later the Van Dusen family ventured into other industries including insurance, soft drink bottling and hospitality. Their grandson, Willis, born in 1953, and the family earned the distinction of having operated Oregon’s Oldest Business. Willis went on to serve the community as an Astoria Council member for more than 30 years and Astoria Mayor for 24 years.

    Dulcich said he is honored that the Van Dusen’s agreed to let him name the building after their family. Dulcich also noted that bringing the State ODHS to the building was originally the vision of the Van Dusen’s (Willis, Trudy and Junior) as they had initiated conversations with the State.

    “They got the ball rolling and now we just need to execute the plan so we can restore the luster to this jewel of a building,” Dulcich said.

    “It is an iconic building. If the walls could talk, I’m sure we’d hear a lot of great stories. We’re very excited to be coming to this building and to able to bring services to people in the area,” Tim Cork said. He is the District 1 Manager, which includes Clatsop, Columbia and Tillamook counties. The building will house Child Welfare, Self-Sufficiency, Oregon Eligibility Partnership and Vocational Rehabilitation programs.

    The building sits in a very scenic area, just across the street from the Nordic Park with its interpretive signage and cattycorner from the Columbia River Maritime Museum. The building’s front windows look out onto the expansive view of the mouth of the Columbia River.

    —

    Watch the video and listen to the interviews of what is to come for the future of the Astoria ODHS offices: https://vimeo.com/1097989057/b74600b04c?share=copy

    MIL OSI USA News –

  • MIL-OSI: Seizing the XRP bull run, GoldenMining launches XRP contracts, releasing $8,700 per day

    Source: GlobeNewswire (MIL-OSI)

    London, England, July 17, 2025 (GLOBE NEWSWIRE) — In July 2025, the price of Ripple (XRP) continued to recover, breaking through $3, and the market generally expects it to reach $10 by the end of the year. The crazy influx of OTC funds has made it one of the strongest performing and most watched assets in the current market.

    Most investors just hold ETH, BTC or XRP, hoping that the price will rise – while dealing with market volatility and uncertain regulation. But the real question is whether to continue holding, reduce positions, or find a better and more balanced strategy? GoldenMining provides another solution.

    At GoldenMining, users can turn assets into a continuous source of income by signing XRP cloud mining contracts. There is no need to configure any hardware, and there is no need to worry about price fluctuations during transactions. As long as you participate in the contract, you can get a stable daily income as the value of XRP rises.

    What is XRP Cloud Mining Contract

    XRP Cloud Mining Contract allows users to directly purchase cloud mining services with XRP, without having to purchase mining machines or deal with maintenance issues. After signing the contract, the GoldenMining platform will run the mining business on behalf of users, and users will automatically receive income on a daily basis. This means that you can easily participate and enjoy the benefits of mining without complicated operations or knowledge thresholds.

      XRP Investor Contract Recommendation

    contract Investment Amount Contract Rewards Total income
    New User Experience $15 $0.60 $15.60
    Elphapex DG1+ $100 $3 $106
    Bitmain S23 Hyd $650 $42.25 $692.25
    AntminerL917GH $1800   $287.28 $2087.28
    L916GH $4500  $1890 $6390
    ElphaPex DG Hydro1 $7800 $3276 $11076
    Elphapex DG2 $12,000 $8,100.00 $20,100.00

    XRP Cloud Mining Contract How to Participate

    1. Register an account and get a $15 reward immediately without paying any fees. This reward can be used to test run the XRP cloud mining contract to help users quickly understand the platform operation and profit model

    2. Choose a contract that suits you
    Users can recharge XRP to the platform account through the wallet. The system supports a variety of mainstream cryptocurrencies: Dogecoin (DOGE), Bitcoin (BTC), Ethereum (ETH), SOL, Ripple (XRP), US Dollar (USDC), etc. Afterwards, users can choose the XRP contract that suits their needs (such as 2 days, 5 days, 12 days or longer periods), and the amount and term can be flexibly selected.

    3. After the contract is activated, the system will automatically settle the mining income into the account every day, without manual operation by the user, and income can be generated within 24 hours，Can be withdrawn or reinvested at any time,

    4. All contracts are fully managed by GoldenMining’s professional operation team. No hardware setup, electricity bill management or technical maintenance is required. SSL encryption, AIG-backed investment insurance and fund custody through top financial institutions ensure safety.
    The data center deployed by the platform in the early stage can provide stable mining services even when the currency price fluctuates violently, is not affected by local electricity and network, and guarantees the contract income.

    About GoldenMining

    GoldenMining was founded in London, UK. After years of steady development, it has established a strong technical foundation and professional team. The platform always adheres to the concept of “user first”, serves global users, and is committed to providing investors with stable, safe and efficient crypto asset value-added solutions. Amid market fluctuations and changing policies, more and more investors realize that it is difficult to cope with the current market rhythm by just holding coins and waiting. The XRP cloud mining contract provided by GoldenMining provides users with a more stable way to participate-so that the assets in their hands not only have the potential for long-term growth, but also have the ability to bring substantial benefits every day.

    This is not only a change in investment methods, but also an advance response to the future market pattern. As the XRP market continues to heat up, it is better to choose to actively participate instead of waiting. For visionary investors, now is the critical moment to enter this contract mechanism and steadily accumulate profits.

    For more information, please visit the official website: www.Goldenmining.com

    For business cooperation, please contact the official email: For more information, please visit the official website: info@Goldenmining.com

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. 

    The MIL Network –

  • MIL-OSI Economics: Verizon to report earnings July 21, 2025

    Source: Verizon

    Headline: Verizon to report earnings July 21, 2025

    NEW YORK, N.Y. – Verizon Communications Inc. (NYSE, Nasdaq: VZ) will report second-quarter 2025 earnings on Monday, July 21, 2025.

    The company will present results on a webcast beginning at 8:30 a.m. Eastern Time. Second-quarter 2025 materials will be available at 7:00 a.m. ET on Verizon’s Investor Relations website, https://www.verizon.com/about/investors. These materials will include:

    • Detailed information on Verizon’s second quarter results;
    • Verizon’s earnings news release; and
    • Financial tables.

    MIL OSI Economics –

  • MIL-OSI Economics: UK gives CHF 850,000 to boost developing economies’ capacity to negotiate trade deals

    Source: World Trade Organization

    Over the past 10 years, the Global Trust Fund has covered on average 50 per cent of the costs allocated to trade-related training activities designed for government officials from developing economies. Services, agriculture and trade facilitation are among the broad range of areas covered.

    The UK Ambassador to the WTO, Simon Manley, said: “The UK is pleased to be working with the WTO’s Global Trust Fund to ensure that trade in services – and in particular the Trade in Services for Development initiative – helps developing countries harness the benefits of this sector for job creation and economic development. As the fastest-growing area of international trade, services offer a key pathway for these countries to better integrate into the multilateral trading system.”

    The Trade in Services for Development initiative is an Aid for Trade work programme developed jointly by the WTO and the World Bank to help developing economies and LDCs benefit more fully from the economic growth and development opportunities resulting from services trade.

    WTO Director-General Ngozi Okonjo-Iweala said: “We are grateful to the UK for generously supporting the WTO’s efforts to boost the trading and negotiating capacities of developing economies and LDCs. This support will help government officials translate the international market opportunities undergirded by WTO rules into concrete benefits for businesses and people in their home countries.”

    Overall, the UK has contributed over CHF 14 million (close to GBP 13 million) to the various WTO trust funds over more than 20 years.

    MIL OSI Economics –

  • MIL-OSI Banking: Big milestone for the future of quantum computing. We are delivering the world’s first operational deployment of a Level 2 quantum computer, powered by our stack and in partnership with Atom Computing. Congrats to EIFO, Novo Nordisk Foundation and QuNorth.

    Source: Microsoft

    Headline: Big milestone for the future of quantum computing. We are delivering the world’s first operational deployment of a Level 2 quantum computer, powered by our stack and in partnership with Atom Computing. Congrats to EIFO, Novo Nordisk Foundation and QuNorth.

    Powerful things can happen when Nordic vision and global collaboration come together. Today, Denmark’s – and Europe’s – quantum ambitions take a bold step forward with the launch of QuNorth. In this new initiative, the EIFO and Novo Nordisk Foundation together invest €80 million to establish QuNorth. Its mission is to acquire, build and operate the world’s most powerful commercial quantum computer. This computer will be called Magne, inspired by a figure of strength in Norse mythology.  We are so proud that this computer will be delivered by Microsoft and Atom Computing and that Magne will be the first operational deployment anywhere in the world of a Level 2 machine powered by logical qubits. This is a milestone moment for the quantum industry as we step past the era of Level 1 NISQ machines and into a new era of increasingly powerful reliable quantum computation. I am also proud that our partnership with QuNorth reflects trust in Microsoft’s quantum expertise and exemplifies our deep roots and commitment to Denmark, the Nordic region, and Europe’s success. It mirrors our mission to help develop vibrant quantum ecosystems through technology-forward investments. Magne will provide quantum startups, academic and research institutions, and the private sector with the latest quantum capabilities, which promise to accelerate innovation and drive further economic growth. At Microsoft, we stand behind milestones like this that represent what we deeply value: advancing technology in ways that matter for our partners and that enable further innovation. QuNorth and Magne are clear examples of what can be achieved when the right people, institutions and ideas come together. I am excited to see QuNorth and Magne come to life over the coming months! #QuantumComputing #Innovation #Microsoft #MicrosoftQuantum #Magne

    MIL OSI Global Banks –

  • MIL-OSI Asia-Pac: Foreign Minister Lin meets with Paraguayan Foreign Minister Ramírez, cohosts reception celebrating 68th anniversary of diplomatic relations

    Source: Republic of China Taiwan

    July 13, 2025No. 239
    After arriving in Paraguay in the evening of July 10, Minister of Foreign Affairs Lin Chia-lung visited the Paraguayan Ministry of Foreign Affairs on the morning of the following day to meet with Minister of Foreign Affairs Rubén Ramírez Lezcano. The two reviewed progress made on key components of the Diplomatic Allies Prosperity Project, which is being implemented by the government of Taiwan under the policy framework of integrated diplomacy. Based on mutual trust and mutual benefit, Taiwan and Paraguay are jointly promoting exchanges in economics, trade, investment, infrastructure, smart medicine, technology, education, and smart transportation. Cooperation has brought prosperity to both countries and benefited the Taiwanese and Paraguayan people.
     
    Speaking at a joint press conference with Minister Ramírez after the meeting, Minister Lin said that Taiwan and Paraguay shared the core values of democracy, freedom, human rights, and the rule of law. He affirmed that the bilateral diplomatic relationship was rock-solid. Looking ahead, Minister Lin pledged that both countries would continue to work together to deepen interactions and collaboration in various fields and jointly enhance the well-being of their people. Minister Lin noted that this demonstrated Taiwan’s policy of values-based diplomacy was steadily developing into value-added diplomacy, showing the world that Taiwan-Paraguay ties were a model of successful cooperation.
     
    In the evening, Minister Lin and Minister Ramírez cohosted a reception celebrating the 68th anniversary of diplomatic relations between the Republic of China (Taiwan) and the Republic of Paraguay. The event was attended by over 250 guests, including Paraguayan Supreme Court President César Diesel, Chamber of Deputies Speaker Raúl Latorre Martínez, other deputies and senators, members of the diplomatic corps, and representatives of the overseas Taiwanese community. In his remarks, Minister Lin commended the fruitful outcomes of the long-term and close partnership between Taiwan and Paraguay. He said that recent benchmark initiatives such as the Taiwan-Paraguay Smart Technology Park, the Taiwan-Paraguay Polytechnic University, the Health Information Management Efficiency Enhancement Project, and an electric bus pilot program were steadily yielding results. Noting that Taiwan was a vital link in global supply chains, Minister Lin said that Taiwan was willing to use its advantages in ICT to further deepen cooperation with Paraguay on comprehensive technological development. Minister Lin added that Taiwan was ready to assist its fraternal ally Paraguay in achieving its national blueprint for development and transformation, jointly realizing the vision of sustainability and prosperity.
     
    In his address, Minister Ramírez thanked Taiwan for its long-term assistance in promoting the development of agriculture, livestock, public health, medicine, education, innovation, and infrastructure in Paraguay. He said that cooperation had targeted the sectors of society that were most in need, benefiting farming communities and young students. Praising the Taiwan-Paraguay Polytechnic University as a landmark bilateral cooperation project, Minister Ramírez said that more than 170 engineers had already been trained. He noted that the two countries were working together to construct campus buildings, representing their shared commitment to investing in knowledge and talent. Minister Ramírez added that Taiwan and Paraguay were jointly creating a future for the next generation by incorporating smart industries and global supply chain integration into their cooperation projects. 
     
    Paraguay is an important diplomatic ally of Taiwan. A mutual agreement on visa-free entry for ordinary passport holders between the two countries that will come into effect on July 25 is expected to further advance exchanges among the people of Taiwan and Paraguay and make investment by Taiwanese companies in Paraguay more convenient. The two nations will continue to deepen cooperation in all spheres and jointly inject new momentum into their democratic partnership.

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Statement on Passage of the GENIUS Act by the House of Representatives

    Source: Securities and Exchange Commission

    I would like to congratulate the House of Representatives on passing the GENIUS Act and commend the work both the House and Senate put into this important legislation. Advancement of this bill to President Trump’s desk marks a historic milestone for crypto entrepreneurs, financial market participants, and everyday Americans. I would like to thank Senate Banking Committee Chairman Tim Scott, House Financial Services Committee Chairman French Hill, Senator Cynthia Lummis, and my longtime friend Senator Bill Hagerty, who sponsored this legislation, for their leadership in advancing this much-needed legislation.

    Blockchain and crypto asset technologies have the potential to revolutionize America’s financial infrastructure and deliver new efficiencies, cost reductions, transparency, and risk mitigation for the benefit of all Americans. Innovators experimenting with these exciting technologies deserve clear rules of the road, which the GENIUS Act provides for payment stablecoins. Over the coming months and years, I look forward to watching the market leverage the regulatory framework provided by the GENIUS Act to go to market with payment stablecoins solutions that make transactions quicker, cheaper, and safer—all while maintaining robust risk safeguards.

    Financial innovation is critical for making the U.S. the best and most secure place in the world to invest and do business. This is an important step to spur innovation by providing the crypto industry with clear rules of the road. Today’s passage of the GENIUS Act sends a powerful message that this Administration is charting a new course. I look forward to continuing to work to make America—already the world’s leader in financial market innovation—the center of crypto asset innovation as well.

    MIL OSI USA News –