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Category: Economy

  • MIL-OSI Global: Iran and US to enter high-stakes nuclear negotiations – hampered by a lack of trust

    Source: The Conversation – UK – By Ali Bilgic, Professor of International Relations and Middle East Politics, Loughborough University

    The announcement of planned talks between the US and Iran in Oman signifies a crucial development – especially given the history of distrust and animosity that has characterised their interactions.

    There remains a degree of confusion as to whether the negotiations over Iran’s development of a nuclear capacity will be direct or indirect. The US has said that its Middle East envoy, Steve Witkoff, will meet Iran’s foreign minister, Abbas Araghchi. Donald Trump has publicly stated that Iran will be in “great danger” if the negotiations fail.

    Iran meanwhile has said that talks will be conducted through an intermediary. Araghchi commented that: “It is as much an opportunity as it is a test. The ball is in America’s court.”

    This seeming clash in messaging before the talks have even begun is not the greatest omen for their success, even with the threat of US or Israeli military action hovering over Iran. Representatives from Iran, China and Russia are reported to have met in Moscow on April 8.

    China’s foreign ministry released a statement reminding the world that it was the US “which unilaterally withdrew from the JCPOA [the 2015 nuclear deal or joint comprehensive plan of action] and caused the current situation”. It stressed the need for Washington to “show political sincerity, act in the spirit of mutual respect, engage in dialogue and consultation, and stop the threat of force and maximum pressure”.

    This followed messaging from Washington which very much focused on the possibility of force and maximum pressure. Speaking to the press after meeting the Israeli prime minister Benjamin Netanyahu, Trump struck a very aggressive note, saying: “Iran cannot have a nuclear weapon and if the talks aren’t successful, I actually think it will be a very bad day for Iran if that’s the case.”

    The US president’s much discussed transactional approach to diplomacy – as represented at the talks by Witkoff, a former real-estate developer – is likely be pivotal to how negotiations proceed. Trump’s geopolitical ambitions in the Middle East focus on expanding the Abraham accords. These agreements focused on normalising relations between Israel and various Arab countries – including UAE, Bahrain, Morocco and Sudan.

    The signing of the accords in 2020 were seen as a key foreign policy achievement of Trump’s first administration, particularly in terms of America’s desire to counter Iran in the region.

    The US is now actively working to bring Saudi Arabia into the fold. In that respect, recognising that Riyadh’s participation would mark a transformative shift in regional geopolitics. Additionally, Trump aims to leverage trade agreements and major investment initiatives to create economic dependencies that encourage diplomatic normalisation.

    Iran, meanwhile, faces severe economic difficulties. The country’s economy is in a state of crisis, with high inflation, a depreciating currency and widespread poverty. These conditions have been worsened by international sanctions and domestic policy failures. As a result, Iran is in dire need of economic concessions, which could be a significant point of leverage for the US.

    Tehran’s geopolitical clout has weakened considerably over the past 18 months. Military setbacks in 2024 – including the loss of key allies and leaders in groups such as Hamas and Hezbollah – have diminished Iran’s ability to project power in its region.

    This weakened position will affect Iran’s negotiating stance. It could make it more likely that Iran’s negotiators might seek economic relief and diplomatic solutions rather than pursuing aggressive policies. But pressure from hardliners within Iran could push the country towards a more radical approach if concessions are not forthcoming.

    Rocky road ahead

    A major issue affecting the talks is the low level of trust between the two parties. The US’s involvement in the Gaza conflict – including Trump’s controversial proposal to clear Gaza of Palestinians to make way for possible redevelopment – has further strained relations. So has the recent US campaign against the Tehran-backed Houthi rebels in Yemen.

    Further threats of this kind are likely to be seen by Iran as aggressive and coercive – and Trump’s latest rhetoric won’t have helped. This will inevitably undermine the prospects for trust between the parties.

    Iranian parliamentarians on the prospect of nuclear talks with the US.

    Iran’s scepticism is rooted in past experiences where promises of economic relief were not fulfilled. Trump’s withdrawal of the US from the 2015 nuclear deal in 2018 is a case in point. This perceived breach of trust has made Iran cautious about entering into new agreements without concrete assurances.

    The regional context adds another layer of complexity to the talks. American support for Israel’s actions in Gaza is likely to complicate matters. The populations of most Gulf states are fully supportive of Palestinian self-determination and are scandalised at the way the US president has seemingly given the green light to Israel’s breach of the ceasefire and resumption of hostilities.

    Iran’s internal politics are also likely to play an important role in shaping its approach to the negotiations. The country is experiencing significant political polarisation between the “hardliners”, spearheaded by the supreme leader Ali Khamenei, and the “reformists”, who are relatively more conciliatory towards the US and Europe. Following the surprise election of Masoud Pezeshkian, a reformist, last year, hopes that Iran would be open to negotiations with Washington quickly faltered when he realigned his position with Khamenei’s.

    In March 2025, he lost two important reformists in the cabinet, the economy minister, Abdolnaser Hemmati, and vice-president, Mohammad Javad Zarif, forced out by the hardliner-dominated parliament. This factional politicking will complicate Iran’s ability to present a unified front in negotiations — and this could represent significant leverage for the US. But it also strengthens hardliners to make demands that are unacceptable to the US.

    Ali Bilgic 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. Iran and US to enter high-stakes nuclear negotiations – hampered by a lack of trust – https://theconversation.com/iran-and-us-to-enter-high-stakes-nuclear-negotiations-hampered-by-a-lack-of-trust-254106

    MIL OSI – Global Reports –

    April 10, 2025

  • MIL-OSI Europe: President Meloni meets with business associations to discuss tariffs

    Source: Government of Italy (English)

    The Government received representatives from different industry sectors at Palazzo Chigi today to discuss the tariffs recently introduced by the United States. The meetings, convened and chaired by President of the Council of Ministers Giorgia Meloni, were attended, on behalf of the Government, by the Vice-Presidents of the Council of Ministers, Antonio Tajani and Matteo Salvini (via video link), Ministers Giancarlo Giorgetti, Adolfo Urso, Tommaso Foti and Francesco Lollobrigida, and Undersecretaries of State to the Presidency of the Council of Ministers Alfredo Mantovano and Giovanbattista Fazzolari.

    The first meeting was attended by representatives from Confindustria and the Camera Nazionale della Moda Italiana, after which representatives from Confapi, CNA, Confimi Industria, Confimprese Italia, Legacoop, Confartigianato, Conflavoro, Confcommercio, Confesercenti and Casartigiani were received, followed by the agri-food industry associations Coldiretti, Confagricoltura, Confcooperative, CIA-Agricoltori Italiani, Copagri, Assolatte, Federvini, Unione Italiana Vini, Origin Italia, Federalimentare and Filiera Italia. The Italian Trade and Investment Agency also participated in today’s meetings.

    During the discussions, President Meloni and the Ministers present outlined the proposals under consideration to support the production chains that could be the hardest hit by the imposition of tariffs. The Government and industry sector representatives agreed on the need to avert a trade war between the United States and the EU and to avoid emotional reactions which could amplify the effects of the trade measures in question. In this regard, President Meloni recalled that the challenges Italy intends to explore include removing reciprocal tariffs on existing industrial products with the ‘zero-for-zero’ approach. 

    There was a significant focus on listening to the proposals put forward by the business representatives, with the shared awareness that the challenge being faced is complex and requires the active and responsible engagement of all players involved.

    For this purpose, President Meloni proposed an agreement to the industry sectors to act together in response to the delicate economic situation and to establish working groups to identify a series of measures to support the competitiveness of Italy’s entrepreneurial fabric, to go alongside the initiatives the Government intends to pursue at European level. Today’s discussions were held following yesterday’s meeting of the working group established by President Meloni to analyse the repercussions of the situation on the Italian economy.

    MIL OSI Europe News –

    April 10, 2025

  • MIL-OSI Global: Canada’s identity is at stake if we don’t equitably fund and support its music now

    Source: The Conversation – Canada – By Rosheeka Parahoo, PhD Candidate, Musicology, Western University

    Amid a trade war, sovereignty threats and a federal election campaign, Canada is facing renewed calls for national unity.

    The need to define, refine and reassert what it means to be Canadian has never been stronger. To understand Canada, we need to listen.

    Canadian music is how one can hear Canadian identity. Now more than ever, we must ensure equitable funding for this vital part of Canada’s cultural fabric so that Canada’s past, present and future stories are preserved in all their complexity and diversity.

    As a PhD candidate in musicology with a focus on equity, diversity and inclusion in the Canadian music industry, I examine how systemic barriers shape this. I also explore strategies for advancing equity in creating, producing and promoting music in Canada.

    Canadian music industry

    Music has played a critical part in building Canadian identity.

    The recent rise in pro-Canada songs brought on by United States President Donald Trump’s tariffs and threats of annexation demonstrates how powerful a medium music can be in voicing a nation’s frustrations.

    Canada has a unique chance to define its music on its own terms and better reflect the full diversity and complexity of Canadian identity through music. Canadian policymakers can bolster music-making, production and circulation while taking stock of broader discourses of what Canadian music includes, and more importantly, what it leaves out.

    For an industry that has strived to set itself apart from the American music scene, the time is ripe for Canada to increase and ensure equitable funding of the arts and music scenes.



    Read more:
    How Canadian R&B artists like Drake and Justin Bieber complicate ideas of race, music and nationality

    After recognizing American and British artists dominated airways, Canada introduced rules requiring radio stations to play homegrown music.
    (Shutterstock)

    Promise of representing all of Canada?

    In the 1960s and ‘70s, the Canadian government recognized that American and British artists were dominating the country’s airwaves. In response, it established the Canadian Radio-television and Telecommunications Commission and introduced Canadian content rules, requiring radio stations to dedicate airtime to homegrown music.

    The introduction of this policy, perhaps more protectionist than promotional in nature, was a pivotal moment because it meant that Canadian musicians could finally be heard in their own country.

    Many Canadian musicians and artists used this opportunity to speak out against injustice, inequality and erasure. Folk singers, Indigenous performers and artists from marginalized communities turned music into a form of resistance, challenging dominant narratives and redefining what it means to live in Canada.



    Read more:
    Junos 2023 reminds us how Canadian content regulations and funding supports music across the country

    Shrinking arts funding, barriers

    Now, decades later, we find the arts and music that once built Canadian identity isn’t an investment priority.

    This became especially clear during recent debates over the modernization of Canadian content regulations that spotlighted growing concerns from music industry stakeholders, such as artists and musicians’ associations, about shrinking arts funding, particularly for emerging and marginalized artists.

    Funding structures have shifted over the last several years, both in terms of government funding and artists’ revenue streams, leaving many artists, especially those from underrepresented communities, at greater risk. The result has been a music industry increasingly shaped by market forces.



    Read more:
    Artists’ Spotify criticisms point to larger ways musicians lose with streaming — here’s 3 changes to help in Canada

    Research on the Canadian music industry further complicates this. Industry reports from the Toronto Metropolitan University Diversity Institute shows that Black and Indigenous artists, and those from 2SLGBTQ+ communities, still face serious barriers to getting radio play, funding or recognition.

    The Canadian francophone music scene has also faced challenges, including being disproportionally impacted by streaming and a slim market share that puts its survival in peril. When it comes to radio play, funding and recognition, the promise of diverse Canadian music has seldom matched the reality.

    Who gets to define Canadian music?

    The recent renaming of the Minister of Canadian Heritage to the Minister of Canadian Culture and Identity, Parks Canada and Québec Lieutenant could signal a promising shift. This ministry oversees the Canadian Heritage Fund, which distributes much of Canada’s arts funding.

    In response to emailed questions from the media about the rebrand of this ministry, and how it might affect policy, Minister Steven Guilbeault, recently sworn into the new dossier, wrote that his appointment came at a time “when our national unity and shared identity have never been more important.”

    He added: “Our culture and values define who we are as a country. In a period of political uncertainty, I will make strengthening our Canadian identity a priority to safeguard our sovereignty.”

    Strengthening Canadian identity must include sustained investment in Canadian arts and music.

    While recent national frustrations and political sentiment might make it easier to gravitate towards a safer and nostalgic version of Canada’s identity, Canadian music is most powerful when it holds space for both comfort and complexity. Take the recent viral clip of Liberal Leader Mark Carney joking with comedian Mike Myers, quizzing him about his Canadian identity. “Tragically?” Carney asks. “Hip!” Myers replies.

    Liberal federal election ad showing Liberal Leader Mark Carney speaking with comedian Mike Myers. (The Independent)

    It is a charming exchange that evokes a sense of shared pride — rightly so — and familiarity. It is also a gentle reminder of how quickly the boundaries of Canadian identity and music can be reduced to a set of familiar artists.

    The Tragically Hip captured lyrical portraits of small-town life and touched on themes of loss and injustice, as in “Wheat Kings.” In contrast, artists like Tanya Tagaq confront colonial violence using a blend of Inuit throat singing with electronic influences, soundscapes and performance styles that reclaim Indigenous presence.

    Both stories are part of Canada, and have also resonated and found acclaim on global stages. Canadian music finds its power nested between the tension of comfort and critique.

    ‘Let the world know who we are’

    In a recent open letter to the arts community, Michelle Chawla, director and CEO of the Canada Council for the Arts, urged the sector to seize the moment: “We need the arts to let the world know who we are — an open, diverse and globally minded society.”

    She went on to emphasize that, as Canadians look to contribute more directly to the economy, the arts must be part of that vision. She noted decision-makers must understand the arts “have a vital role to play as part of the solution” as Canada navigates uncertain times.

    For policymakers, that means prioritizing funding for the arts and setting clear parameters to ensure this funding is distributed equitably, with meaningful support for emerging and underrepresented artists.

    For everyday Canadians, it means being open to stories that challenge us, and resisting the urge to simplify what Canadian music or identity is supposed to be. It also means supporting local artists and musicians, attending shows and investing in local music scenes.

    Now is the moment to invest in the arts and Canadian music industry, not just to preserve its past, but to ensure we continue telling bold, complex and uniquely Canadian stories. If we allow Canadian identity to become a curated artefact, and Canadian music to be stripped of its tension, complexity and defiance, we lose far more than funding. We lose the stories that make Canada, Canada.

    Rosheeka Parahoo 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. Canada’s identity is at stake if we don’t equitably fund and support its music now – https://theconversation.com/canadas-identity-is-at-stake-if-we-dont-equitably-fund-and-support-its-music-now-253674

    MIL OSI – Global Reports –

    April 10, 2025

  • MIL-OSI Australia: Funding to support Canberra’s tourism and hospitality businesses

    Source: Northern Territory Police and Fire Services

    James Souter and Alice O’Mara will use the funding to expand Beltana Farm.

    The ACT Government’s Tourism Product Development Fund will support 15 local businesses this year.

    These businesses will receive a share of close to $500,000 in funding to enhance what they can offer customers.

    Developing better visitor experiences

    The fund encourages co-investment in the tourism, hospitality and events sectors through:

    • infrastructure
    • products
    • experiences.

    Having better visitor experiences in Canberra can help boost the local economy and create jobs.

    It also enhances Canberra’s reputation as a tourism destination.

    Growing Beltana Farm

    Beltana Farm in Pialligo is one successful recipient this year.

    The small business will receive $100,000 to help it expand.

    This will go towards a shop focused on the truffle industry and other local produce. The farm will also add a training and tasting room.

    “Thanks to the support from the Tourism Product Development Fund, we have been able to expand our business offerings, turning our farm into a multifaceted destination,” Beltana Farm owner Alice O’Mara said.

    “Visitors will soon be able to enjoy engaging experiences complemented by curated farm tastings and a boutique shopping experience featuring our farm-made products as well as other Canberra-made produce and items.”

    A wide range of recipients

    Other recipients from this round include:

    • Canberra Glassworks – $10,000 to upgrade their public sound system.
    • National Capital Educational Tourism project – $50,000 for the addition of The Dinosaur Museum and Canberra Glassworks to the Book Canberra Excursions booking platform.
    • High Country Hikes – $11,000 to for the purchase of a vehicle to establish a new walking tour.
    • Gang Gang Cafe – $38,659 for upgraded outdoor dining infrastructure to host live music and cultural events.
    • Abode – The Apartment Hotel Murrumbateman – $25,000 to develop a conference space.
    • Yarralumla Play Station – $30,000 to build ‘The Canberra Maze’.
    • Share-A-Bike – $35,000 to establish a Lakeside Bike Hire pop-up bicycle rental facility.
    • Wilma – $20,000 to establish the new Canberra Region Wine Room.
    • Australian Outward-Bound Foundation – $10,000 for the purchase of a larger bus for transportation.
    • Capital Brewing Co. – $25,000 for the enhancement of an outdoor seating structure.
    • Canberra Racing Club – $25,000 for the installation of Wi-Fi at Thoroughbred Park.
    • Lunetta Trattoria – $20,000 for revitalisation of the Red Hill ground floor kiosk into a modern wine bar.
    • Midnight Hotel – $20,000 to establish the ‘Mark’ brand art hub.
    • The Truffle Farm – $80,000 to construct an additional luxury cabin.

    The fund’s background

    The Tourism Product Development Fund was set up in 2021 to help Canberra’s tourism sector recover after COVID.

    Its success in supporting local businesses and helping the recovery of the local visitor economy has seen it continue.

    Over three years, the program has invested over $4 million in total funding (this includes matched funding from the recipients).

    Some past recipients include: Squeaky Clean, Big River Distillery, Mount Majura Wines, Edgar’s and The Jetty for the enhancement of food and beverage spaces; Go Boat for Go Boat Charters; Australian National University Mt Stromlo Observatory for an astro tourism facility; Dynamic Motivation, Cycle Canberra and Woodlands & Wetlands Trust for Mountain E-bike Tours in Canberra; Cubby and Co for new vineyard accommodation; Capital Woodland and Wetlands Conservation Association for the development of the Majura Treetops Adventure Park; The Canberra Distillery for a distillery education facility.

    Get ACT news and events delivered straight to your inbox, sign up to our email newsletter:


    MIL OSI News –

    April 10, 2025

  • MIL-OSI: AMERICAN REBEL ANNOUNCES CLOSING OF UP TO $11 MILLION PRIVATE PLACEMENT PRICED AT-THE-MARKET UNDER NASDAQ RULES

    Source: GlobeNewswire (MIL-OSI)

    $2.5 million upfront with up to approximately $8.5 million of potential aggregate gross proceeds upon the exercise in full of warrants

    Nashville, TN, April 09, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Beer and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel, today announced the closing of its previously announced private placement for the purchase and sale of an aggregate of 724,640 shares of common stock (or pre-funded warrant in lieu thereof), series A warrants to purchase up to 724,640 shares of common stock and short-term series B warrants to purchase up to 2,173,920 shares of common stock at a purchase price of $3.45 per share of common stock (or per pre-funded warrant in lieu thereof) and accompanying warrants priced at-the-market under Nasdaq rules. The series A warrants and the short-term series B warrants have an exercise price of $2.95 per share and are exercisable immediately upon issuance. The series A warrants expire five years from the date of issuance and the short-term series B warrants expire eighteen months from the date issuance.

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

    The gross proceeds from the offering were approximately $2.5 million, prior to deducting placement agent’s fees and other offering expenses payable by the Company. The potential additional gross proceeds to the Company from the series A warrants and the short-term series B warrants, if fully exercised on a cash basis, will be approximately $8.5 million. No assurance can be given that any of the series warrants will be exercised, or that the Company will receive cash proceeds from the exercise of the series warrants. The Company intends to use the net proceeds from the offering for working capital and other general corporate purposes.

    The securities 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 the warrants, have not been registered under the Securities Act, or applicable state securities laws. Accordingly, the securities issued in the private placement and shares of common stock underlying the warrants 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. Pursuant to a registration rights agreement with investors, the Company has agreed to file a resale registration statement covering the securities described above.

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other 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 other jurisdiction.

    About American Rebel Light Beer

    Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a domestic premium light lager celebrated for its exceptional quality and patriotic values. It stands out as America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer.

    American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers.

    About American Rebel Holdings, Inc.

    American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit americanrebelbeer.com or americanrebel.com. For investor information, visit americanrebel.com/investor-relations.

    American Rebel Holdings, Inc.
    info@americanrebel.com

    American Rebel Beverages, LLC
    Todd Porter, President
    tporter@americanrebelbeer.com

    Forward-looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements, which include, but are not limited to statements related the intended use of proceeds from the offering and the potential exercise of the series warrants. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include market and other conditions, benefits of Nationwide Ad Campaign, success and availability of the promotional activities and ad campaigns, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2023 and Form 10-Q for the quarter ended September 30, 2024. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Company Contact:
    tporter@americanrebelbeer.com
    info@americanrebel.com
    For Media Inquiries Contact:
    Matt@Precisionpr.co

    The MIL Network –

    April 10, 2025

  • MIL-OSI: Navient to announce first quarter 2025 results, host earnings webcast April 30

    Source: GlobeNewswire (MIL-OSI)

    HERNDON, Va., April 09, 2025 (GLOBE NEWSWIRE) — Navient (Nasdaq: NAVI) will host an audio webcast to review its first quarter 2025 financial results on Wednesday, April 30, 2025, at 8:00 a.m. Eastern Time. The results are scheduled to be released the same day by 7:00 a.m. on Navient.com/investors. In addition to being available on the company’s investor website, the results will be filed with the SEC on a Form 8-K available at SEC.gov.

    The webcast and presentation slides also will be available on Navient.com/investors. Analysts and investors who wish to ask questions are requested to pre-register anytime ahead of the webcast or at least 15 minutes ahead of start time to receive their personal dial-in access details. Others who wish to join in listen-only mode do not need to pre-register and may simply visit the company’s investor website to access the webcast.

    A replay of the webcast will be available approximately two hours after the event’s conclusion.

    About Navient
    Navient (Nasdaq: NAVI) provides technology-enabled education finance solutions that simplify complex programs and help millions of people achieve success. Learn more at Navient.com.

    Contact:
    Media: Catherine Fitzgerald, 317-806-8775, catherine.fitzgerald@navient.com
    Investors: Jen Earyes, 703-984-6801, jen.earyes@navient.com

    The MIL Network –

    April 10, 2025

  • MIL-OSI United Kingdom: First Digital and STEM Bursary students graduate

    Source: United Kingdom – Executive Government & Departments

    News story

    First Digital and STEM Bursary students graduate

    100 talented young people from Lancashire complete Strategic Command’s Bursary programme, helping to develop valuable cyber capabilities for the UK.

    Claire Fry presents a student with their certificate. MOD Crown Copyright

    At a recognition ceremony, students from four Lancashire colleges graduated from the programme, each receiving a certificate acknowledging their hard work and newly acquired expertise, marking an important step in their journey toward cyber careers. 

    Kerry Harrison, Lead for the Lancashire Digital Skills Partnership, part of the Lancashire Skills and Employment Hub, said:

    This bursary has opened doors for 100 young Lancashire students to careers they hadn’t imagined. By working with Strategic Command, local colleges and industry, we’ve helped these talented young people gain valuable technical cyber and wider work ready skills that benefit both our regional economy and national security. Their success shows what we can achieve when government, education and business collaborating to tackle the digital skills gap.

    MOD Crown Copyright

    The celebration event featured career-focussed activities for students to explore their future options, including a jobs marketplace showcasing apprenticeships and internships, networking training and activities with the armed forces esports teams. Representatives from the National Cyber Force spoke about real-world cyber opportunities, putting the students at the centre of conversations about their potential careers. 

    Every student received a certificate detailing the activities they completed and the valuable work-ready skills they acquired through the Work Ready Lancashire project. Some students received additional recognition for their achievements. From each college, one student received the Immersive Labs Top Student Award for dedicating the most hours to their training, while two students earned Spotlight Awards for outstanding dedication throughout the programme. 

    Strategic Command’s Chief Information Officer Charlie Forte and Director Functional Integration Claire Fry personally presented these awards, taking time to listen to students’ stories, celebrate their successes and see the students’ progress firsthand. 

    Claire Fry, Director Functional Integration, said:

    Witnessing the journey of these students from day one to now has been truly inspiring and eye opening. They have grown not just their cyber and digital skills but as human beings, and this programme has enabled them to truly flourish as young adults. Collaboration between Digital Skills for Defence, Lancashire Skills and Employment Hub and industry partners has been critical in giving these students a real advantage for their potential career in a cyber and digital role in defence.

    Launched in 2024 for 16-18 year olds studying STEM (Science, Technology, Engineering and Mathematics) subjects, the bursary provides practical cyber training, mentoring and financial support to students across four Lancashire colleges. Strategic Command’s work with the Lancashire Cyber Partnership, which includes the National Cyber Force, is part of a drive to build cyber talent, with the northwest serving as an ideal venue to nurture these skills. This location serves as a launchpad for promising students to enter government departments, defence organisations and businesses working in the cyber sector. 

    The programme’s success stems from partnerships with the Lancashire Skills and Employment Hub, local colleges, and industry partners who provide students with hands-on experience tackling real cyber challenges. The Digital Bursary is part of Strategic Command’s wider work to build cyber talent, which includes the Cyber Direct Entry programme. By bringing together education, industry and government, Strategic Command is building the diverse and skilled workforce needed to protect the UK’s digital future.

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    Published 9 April 2025

    MIL OSI United Kingdom –

    April 10, 2025

  • MIL-OSI United Nations: Special Envoy for Road Safety in Mauritius, Madagascar and Eswatini to support initiatives to increase road safety

    Source: United Nations Economic Commission for Europe

    The United Nations Secretary-General’s Special Envoy for Road Safety, Jean Todt, will visit Mauritius, Madagascar and Eswatini from 8 to 16 April 2025 to support global and national authorities’ road safety initiatives. In particular, the Special Envoy will launch locally the UN Global Campaign for Road Safety #MakeASafetyStatement, developed in partnership with JCDecaux.  He will also join the 2025 Kofi Annan Road Safety Award to be held in Eswatini on 14-15 April.  

    The Special Envoy will meet members of the Government as well as representatives of the private and public sectors two months after the Declaration of Marrakesh where Member states further committed to accelerate efforts for achieving the Decade of Action for Road Safety‘s goal of halving the number of the victims on the road by 2030. 

    The Silent pandemic on the road 

    The Special Envoy Jean Todt qualified road crashes as “The Silent Pandemic on the Road”. Indeed, every year, the staggering toll of road-related fatalities globally claims the lives of 1.19 million people, leaving 50 million others with severe injuries. Furthermore, road crashes are the leading cause of death for children and young adults aged 5–29 years.  

    Road crashes are disproportionately high in Africa compared to other regions of the world. The continent loses annually over 300,000 people through road crashes, even though its countries are witnessing the lowest levels of motorization in the world. Africa has a traffic fatality rate of 19.5 deaths per 100,000 people compared to 16 deaths per 100,000 in Southeast Asia, and 6.5 deaths per 100,000 in Europe.  

    “Africa is the continent proportionately most affected by road crashes. Knowing that these affect the youngest first, beyond the human tragedy this is an economic devastation sacrificing or invalidating for life the active force of a country. While the vaccine to avoid this carnage on the road exists, I urgently call on everyone to use it.” — United Nations Secretary-General’s Special Envoy for Road Safety, Jean Todt. 

    Thirty-eight percent of all African road traffic fatalities occur among pedestrians while 43 percent occur among car occupants. Motorized 2-3 wheelers and cyclists account for 7 percent and 5 percent of Africa’s traffic deaths respectively. A significant proportion of road fatalities on the continent occur in urban areas.  Furthermore, the ongoing improvement of the quality and coverage of Africa’s roads will increase crashes on the continent if it is not accompanied by appropriate road safety measures.  

    Towards enhanced road safety in Mauritius 

    The fatality rate in Mauritius is 10/100,000 inhabitants (WHO 2023). There is an increase in motorcycles crashes. Under the leadership of the Minister of Land Transport of Mauritius, Hon. Osman Mahomed, a series of 16 measures aiming to improve road safety are being envisaged in the country. Among these: re-introduction of the “Penalty Point System”; introduction of the Graduated Licensing System; helmets for sale for motorcycles of or exceeding a capacity of 50 cubic centimeters should be in accordance with set standards and be made mandatory; road safety education in schools; stringent enforcement by the Police or ERS -Transport Squad with regular crack down operations at night. 

    Men are the most affected, representing 89% of fatalities.Women are mostly victims as pedestrians (64%) and passengers (21%), while men die on motorcycles (35%) and as pedestrians (28%), with an average of 9% each as drivers, cyclists, passengers and passengers on the back (2023 figures, Le Mauricien).  

    “The current Government will implement the necessary projects and initiatives to make our roads safer as we expand and modernize our land transport” highlights Minister of Land Transport Osman Mahomed. 

    Safer roads for economic growth in Madagascar 

    The fatality rate in Madagascar is 22.5/100,000 inhabitants (WHO 2023). Poor maintenance and erosion have rendered a significant portion of the road network (mostly unpaved) unsafe (UNEP 2024). Madagascar has one of the least developed road networks in the world. Transport has been widely recognized as a barrier to the provision of and access to health services in rural areas. Madagascar’s overall poor infrastructure is negatively affecting its economic growth and development opportunities.  

    While 70 percent of primary roads are in good condition, about two-thirds of secondary and tertiary roads are estimated to be in poor condition (WB, 2018). There is a high risk of motorcycle crashes in Madagascar, due to the poor state of roads and the non-use of helmets responding to UN safety standards. When we know that quality helmets reduce the risk of death by over six times and reduce the risk of brain injury by up to 74% (WHO 2021), it is urgent to act to stop the carnage on the road. 

    “By 2030, Madagascar aims to halve road deaths and injuries, in line with Sustainable Development Goal 3.6. This ambition falls into a dynamic of profound transformation: build infrastructures respectful of international standards, promote the introduction of new safer vehicles, strengthen technical inspection procedures, and integrate road safety into national education programs. We are also determined to provide training for those involved in the sector, and to ensure more humane and effective assistance of accident victims” highlights Valéry Manambahoaka RAMONJAVELO – Ministry of Transport and Meteorology. 

    Toward vision zero victim on the road In Eswatini 

    The fatality rate in Eswatini is 25/100,000 inhabitants (WHO 2021), affecting first children as well as the most productive age group (15-49 years old). Road crashes impose huge constraints on Eswatini ’s economy, up to 10.8% of GDP (Eswatini National Road Safety Strategy 2023-2030). The Kingdom of Eswatini ratified in 2020 the African Union Road Safety Charter with the vision zero fatal and serious injury on Eswatini’s roads by 2063.  Drink-driving, speeding and overloading, in this order, are the major causes of accidents on the country’s roads. (Times of Swaziland). 

    The Kingdom of Eswatini is making efforts to substantially enhance road safety, with an ongoing road safety legislative reform. The Kingdom has also established a Center of Excellence in Road Safety. In addition, Eswatini is fostering South-South cooperation with other African countries and partners on transport and road safety. 

    The Kofi Annan Road Safety Award

    The Kofi Annan Road Safety Award, organized by the Kofi Annan Foundation, in collaboration with UNECA and the Ministry of Transport of Eswatini, will be in the form of certificates of recognition delivered to governments, the private sector or civil society organizations that have made outstanding contributions to road safety in Africa.   

    This year the following countries will receive awards: Cameroon (Innovation & Digitalization), Ethiopia (Public Transportation/Modal shift), Kenya (Safer Vehicles), Nigeria (Road Safety management), Senegal (Road safety financing), South-Africa (post-crash care). 

    MIL OSI United Nations News –

    April 10, 2025

  • MIL-OSI: Building a Team for Growth: The Bank of Glen Burnie Promotes Jonathan Shearin to Chief Lending Officer and Names Jeff Welch Executive Vice President and Chief Credit Officer

    Source: GlobeNewswire (MIL-OSI)

    GLEN BURNIE, Md., April 09, 2025 (GLOBE NEWSWIRE) — The Bank of Glen Burnie®, a wholly owned subsidiary of Glen Burnie Bancorp (NASDAQ: GLBZ), announced today the expansion of its lending team to position the Bank to carry out its growth strategy focused on growing the commercial banking and lending portfolios. Jonathan Shearin, who previously served in the role of vice president and director of commercial banking, was promoted to the role of chief lending officer effective March 13, 2025. Jeff Welch was named executive vice president and chief credit officer effective March 31, 2025.

    “Jonathan hit the ground running and has made a significant impact to our loan portfolio since joining the bank in 2024,” said Mark C. Hanna, President and CEO. “Jonathan is out in our community every day building relationships in Anne Arundel County and the surrounding areas while constantly looking for opportunities to help local businesses obtain the financial expertise and tools they need to grow their own businesses. His energy and leadership, combined with his early success, made him a natural fit to assume the role of chief lending officer. In his new role, Shearin will be focused on driving sales and revenue to maximize return on capital invested in loans and achieve profitability. He will be tasked with helping to develop the Bank’s lending strategy, building relationships, supervising our commercial lending team, and overseeing loan production and growth objectives.”

    “I’m honored to step into this role and lead our lending team as we continue to support the businesses and communities we serve,” said Shearin. “Our focus remains on building strong client relationships, providing tailored financing strategies, and driving sustainable growth for the businesses and communities we serve. I look forward to working alongside our team to strengthen our market position and create new opportunities for long-term success.”

    As the Bank builds out its leadership team tasked with growing commercial loans and deposits, Jeff Welch joins The Bank of Glen Burnie in the newly created role of chief credit officer and will also serve as executive vice president. A seasoned banking executive, Welch brings more than 40 years of progressive risk management, lending, and sales management experience to lead efforts to effectively manage credit risk and help ensure the soundness of the Bank’s loan portfolio. His responsibilities as chief credit officer will include evaluating loan applications, regulatory compliance related to credit risk, and overseeing credit administration.

    Welch most recently served as executive vice president and chief credit officer at Burke & Herbert Bank, headquartered in Alexandria, Virginia, where he was responsible for the Credit Risk Management and Loan Administration Divisions. Welch has spent the entirety of his banking career in progressive leadership roles at financial institutions located in the Baltimore and Washington D.C. corridor, bringing a wealth of expertise about the banking environment, the economy and the credit needs of the area.

    Welch holds a Master of Business Administration in finance from Marymount University and is a graduate of The Pennsylvania State University where he earned a Bachelor of Science in operations management.

    “We are thrilled to welcome Jeff to The Bank of Glen Burnie,” remarked Hanna. “His proven track record in developing and implementing strategic plans at all levels combined with his relationship building skills will prove invaluable to us as we look to grow and thrive as we set the pace for growth during our next 75 years of community banking in Anne Arundel County. Jeff’s recent retirement from Burke & Herbert Bank presented us with an opportunity to recruit a highly experienced chief credit officer with extensive experience in credit policy and risk management/portfolio oversight in addition to sales management, financial analysis, and project management expertise. Jeff is well suited to help shape The Bank of Glen Burnie’s strategic direction. We have built a stellar lending team, and I am confident that together Jonathan and Jeff will lead this team to new heights and help The Bank of Glen Burnie significantly expand our loan portfolio while successfully managing risk.”

    “I am excited to join The Bank of Glen Burnie at a time when we are poised to execute our strategic planning lending objectives focused on growing our loan portfolio,” said Welch. “We have an outstanding lending team, and I look forward to working together to build new relationships in the community and to meet the credit needs of local business owners in our market.”

    About Glen Burnie Bancorp

    Glen Burnie Bancorp is a bank holding company headquartered in Glen Burnie, Maryland. Founded in 1949, The Bank of Glen Burnie® is a locally owned community bank with seven Anne Arundel County branches. The Bank is engaged in commercial and retail banking, including accepting demand and time deposits and originating loans to individuals, associations, partnerships, and corporations. The Bank’s real estate financing consists of residential first and second mortgage loans, home equity lines of credit and commercial mortgage loans. The Bank also originates automobile loans through arrangements with local automobile dealers. Additional information is available at thebankofglenburnie.com.

    Forward-Looking Statements

    The statements contained herein that are not historical financial information may be deemed to constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks and uncertainties, which could cause the company’s actual results in the future to differ materially from its historical results and those presently anticipated or projected. These statements are evidenced by terms such as “anticipate,” “estimate,” “should,” “expect,” “believe,” “intend,” and similar expressions. Although these statements reflect management’s good faith beliefs and projections, they are not guarantees of future performance and they may not prove true. For a more complete discussion of these and other risk factors, please see the Company’s reports filed with the Securities and Exchange Commission.

    The MIL Network –

    April 10, 2025

  • MIL-OSI: Quark Publishing Platform NextGen Now Available in Microsoft Azure Marketplace

    Source: GlobeNewswire (MIL-OSI)

    GRAND RAPIDS, Mich., April 09, 2025 (GLOBE NEWSWIRE) — Quark Software, the global provider of content automation, intelligence and design software, today announced the availability of Quark Publishing Platform (QPP) NextGen in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. Quark customers can now take advantage of the productive and trusted Azure cloud platform, with streamlined deployment and management.

    This solution gives global organizations access to a comprehensive and complete set of AI-powered content technology tools to manage each phase of the content lifecycle for highly regulated documentation, from creation to publishing, and everything in between. QPP NextGen’s SaaS platform enables organizations to easily adopt Quark’s purpose-built solutions in the cloud anywhere, any time, and accelerate time-to-value while optimizing enterprise content strategies.

    “We recognize that enterprises trust the secure, scalable, and standardized products and services from Microsoft to fuel their business,” said Martin Owen, CEO at Quark. “QPP NextGen is fully integrated with Microsoft Office 365 and the wider Microsoft ecosystem, making it simple for content teams to modernize their content creation and publishing processes without having to change the way they work. Today, we’re reinforcing our commitment to our journey with Microsoft in the Azure Marketplace, and as AI adoption takes center stage for many organizations, we will support their investment with Azure AI tools and help them understand how AI can enhance their content strategy objectives.”

    Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp., said, “We welcome Quark Publishing Platform NextGen to Azure Marketplace, where global customers can find, try, and buy from among thousands of partner solutions. Thanks to trusted partners like Quark, Azure Marketplace is part of a cloud marketplace landscape offering flexibility and economic value while transacting tens of billions of dollars a year in revenues.”

    The Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure. The Azure Marketplace helps connect companies seeking innovative, cloud-based solutions with partners who have developed solutions that are ready to use.

    Learn more about Quark Publishing Platform NextGen and get it now by visiting its page in the Azure Marketplace.

    About Quark
    Quark knows content. We have a long history in delivering tools that help global industries in life sciences, financial services, and manufacturing modernize their content operations infrastructure and win in their target markets. We took our 40+ years of understanding content complexity and infused it into Quark Publishing Platform NextGen. This platform automates complex content management processes so organizations in any regulated or complex industry can achieve their most important objectives – from digital transformation and customer satisfaction to regulatory compliance and revenue growth. Deep investments in AI enable enterprises to automate key areas of the enterprise content lifecycle journey: from accurate creation, collaboration, and assembly to delivering personalized, compliance-controlled content and measuring content consumption.

    For more information, press only:
    Emerson Welch
    VP Global Marketing, Quark
    ewelch@quark.com

    The MIL Network –

    April 10, 2025

  • MIL-OSI Banking: Government not to set euro adoption date for now

    Source: Czech National Bank

    The government has acknowledged the joint recommendation of the Ministry of Finance and the Czech National Bank not to set a date for adopting the single European currency for the time being. The recommendation is based on the findings contained in Assessment of the Fulfilment of the Maastricht Convergence Criteria and the Degree of Economic Alignment of the Czech Republic with the Euro Area. This document has provided an objective assessment of the Czech Republic’s economic preparedness for adopting the euro since the country joined the European Union.

    The assessment covers three areas. The first assesses compliance with the nominal (Maastricht) convergence criteria, which are a necessary but not sufficient condition for joining the euro area. These criteria set fiscal and monetary reference values, compliance with which is meant to reduce the risks and costs associated with the absence of an independent monetary policy. Successful compliance with the relevant criteria should also mitigate risks to stability and prevent the emergence of imbalances in the monetary union. In 2024, the Czech Republic fulfilled the interest rate convergence criterion and the government financial position criterion. However, it did not meet the criterion on price stability, due to a low reference value and persisting elevated growth of service prices in the domestic economy. The Czech Republic is formally non-compliant with the exchange rate fluctuation criterion, as it is not part of the ERM II exchange rate mechanism.

    The second area assesses the Czech Republic’s economic preparedness for adopting the euro. A key element of these indicators is an assessment of the Czech Republic’s economic alignment with the euro area and the ability of the Czech economy to absorb any negative economic shocks through other mechanisms after losing its monetary policy independence. The Czech Republic has made no substantial progress in this area since the last assessment in 2023. There are still many obstacles on the path to the single European currency. One of them is the unfinished process of economic convergence of the Czech economy, especially as regards the price and wage levels, which remain well below the euro area average. The relatively low structural similarity between the Czech economy and the euro area could also create problems under the single monetary policy. Unresolved domestic structural issues related to the current economic model and future challenges to public finances (population ageing, infrastructure investment, etc.) pose a significant risk. Planned large-scale projects (the construction of high-speed railways and new nuclear units) will place a significant financial burden on public budgets. Addressing the current challenges of economic transformation and long-term public finance sustainability should therefore be prioritised before making a decision on joining the monetary union.

    On the other hand, the high degree of openness of the Czech economy and its close trade and ownership links with the euro area are key positive factors. Some labour market indicators, especially the low long-term unemployment rate and the banking sector’s resilience to negative shocks, are also favourable.

    The final area of assessment concerns the euro area itself. The economic heterogeneity of the euro area is high. This was further highlighted by the energy crisis and its impacts on Member States’ economies. Economic alignment of euro area countries is essential to the smooth functioning of the monetary union. The fiscal positions of most euro area countries are also a negative factor.

    The institutions and rules of the euro area have changed over recent years, and discussions on further deepening integration are still ongoing. The future potential financial and non-financial commitments relating to the Czech Republic’s euro area entry thus cannot be reliably estimated at the moment.

    Petra Vlčková
    Spokesperson
    CNB Communications Division

    Petra Vodstrčilová
    Spokesperson
    Ministry of Finance of the Czech Republic

    MIL OSI Global Banks –

    April 10, 2025

  • MIL-OSI USA: Kelly, Thompson introduce bipartisan Mental Health Research Accelerator Act

    Source: United States House of Representatives – Representative Mike Kelly (R-PA)

    WASHINGTON, D.C. — Last week, Ways and Means Tax Subcommittee Chairman Mike Kelly (R-PA) and Ranking Member Rep. Mike Thompson (D-CA) re-introduced the bipartisan Mental Health Research Accelerator Act to incentivize private companies with financial resources to collaborate with academic or nonprofit research institutions on neurological and mental health research to tackle the root causes of mental health conditions.

    “When it comes to addressing mental health access and care, we must utilize every tool in our toolbox,” Rep. Kelly said. “This new legislation allows us to make America’s tax system work for the American people by incentivizing research partnerships into brain health. I’m proud to work with my Ways and Means Committee colleague, Rep. Mike Thompson, on this vital legislation.”

    “Investing in brain research is key to addressing the root causes of mental health conditions, not just managing the symptoms,” Rep. Thompson said. “Mental illness is often at the core of challenges like homelessness, substance abuse, and workplace struggles. Simply funding symptom management isn’t enough—we must get ahead of the problem by advancing research that can prevent these issues from arising in the first place. I’m proud to partner with Rep. Kelly to support this critical work and help drive meaningful progress.”

    “Today, more than 60 million Americans suffer from a mental illness. Recent work by Price Water House Coopers estimated that the economic burden of mental illness was more than $1 trillion annually, not counting the value of human life associated with the almost 50,000 deaths by suicide. Research from the pharmaceutical industry has moved away from mental illness drugs because of the cost and risks involved. H.R. 2085 will provide necessary economic incentives for industry to partner with research universities across our country to engage in public-private partnerships that will have the potential to find new drugs and treatments but also to provide new jobs. This is a non-partisan issue and merits the support of everyone,” said Garen Staglin, Founder of the One Mind Foundation.

    BACKGROUND

    The Mental Health Research Accelerator Act provides $10 billion in allocable tax credits over a six-year period. The credits are available to nonprofits, state and local agencies, and private companies who collaborate on neurological research.

    Because of the high cost of neurological research, and the challenges in producing market-viable products, there is not enough investment in cutting edge neurological research. The credit is capped at 25 percent of allowable expenses and is a competitive credit to be allocated based on merit, as determined by the Treasury Department. Any credits not allocated by the end of the window are simply deemed moot and returned to Treasury unless the credit is extended by Congress.

    Read the full text of the bill here.

    MIL OSI USA News –

    April 10, 2025

  • MIL-OSI USA: Testimony on the Congressional Budget Office’s Request for Appropriations for Fiscal Year 2026

    Source: US Congressional Budget Office

    Chairman Valadao, Ranking Member Espaillat, and Members of the Subcommittee, thank you for the opportunity to present the Congressional Budget Office’s budget request. CBO requests appropriations of $75.8 million for fiscal year 2026. Most of that amount—86.6 percent—would be for pay and benefits; 9.8 percent would be for information technology (IT); and 3.6 percent would be for training, expert consultant services, office supplies, and other items. The requested amount is an increase of $5.8 million, or 8.2 percent, above the funding provided for this year.

    Of the increase, 52 percent would primarily cover increases in current employees’ salaries and benefits and would enable CBO to expand its staff in key areas of Congressional interest. The remaining 48 percent would address increased costs to enhance the agency’s cybersecurity and IT infrastructure; such improvements are critical to protecting sensitive data and improving the agency’s computing power for analyzing complex data sets. CBO is prioritizing advancements in a security strategy called zero trust architecture, which requires verification before allowing access to any user or device.

    The requested budget is based on continued strong interest in CBO’s work from the Congressional leadership, committees, and Members. In 2024, CBO published about 1,100 cost estimates for legislation and devoted significant resources to analyzing the Servicemember Quality of Life Improvement and National Defense Authorization Act for Fiscal Year 2025 (Public Law 118-159); the Consolidated Appropriations Act, 2024 (P.L. 118-42); the Further Consolidated Appropriations Act, 2024 (P.L. 118-47); and H.R. 8467, the Farm, Food, and National Security Act of 2024. For those bills and many others, the agency also fulfilled thousands of requests for technical assistance. In addition, CBO prepared dozens of reports, many at the request of Chairs or Ranking Members of Congressional committees.

    CBO will provide many estimates and a large amount of technical assistance to the 119th Congress as lawmakers consider significant legislative initiatives. With additional resources, the agency could provide even more. Under the funding provided for this year, CBO will maintain its staffing at about 270 employees and focus on the highest priority current needs, including preparing cost estimates, providing technical assistance as the Congress crafts legislation, and analyzing the economic and dynamic budgetary effects of proposed policies. CBO will reduce expenditures elsewhere, by deferring hiring for some positions and deferring some activities, including not undertaking some longer-term improvements in its IT infrastructure.

    The fiscal year 2026 request would allow CBO to grow to 285 employees. That number would allow the agency to better meet its responsibilities under the Congressional Budget Act. The request also would allow for IT enhancements, including some currently on hold.

    Of the 15 additional staff members CBO would hire in 2026:

    • 9 would improve CBO’s capabilities to provide timely analysis of changes to health care programs, border security, credit programs (like student loans), and the U.S. population (particularly because of changes in immigration) and of dynamic policy effects (that is, determining how changes in fiscal policies would affect the economy and how those economic changes would, in turn, affect the federal budget);
    • 2 would enhance CBO’s responsiveness in producing cost estimates and providing technical assistance in the legislative process;
    • 1 would be an addition to the agency’s editing staff to enhance the readability and accessibility of CBO’s materials;
    • 1 would provide increased legal assistance;
    • 1 would enhance CBO’s IT security; and
    • 1 would boost outreach to Congressional staff and the press.

    CBO plans to use expert consultants more than it has in the past—enabling the agency to shift to the Congress’s key areas of focus more easily and to be more nimble in conducting facility management, work in IT, and financial management.

    MIL OSI USA News –

    April 10, 2025

  • MIL-OSI Europe: A plan to shape Europe’s leadership in artificial intelligence

    Source: European Union 2

    The Commission presented the artificial intelligence continent action plan, which will shape the next phase of AI in Europe. From building AI infrastructure to strengthening AI skills and talents, it will promote the development and deployment of AI solutions that benefit society and the economy.

    MIL OSI Europe News –

    April 10, 2025

  • MIL-OSI: LPL Financial Welcomes Trimp Wealth Management

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, April 09, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC announced today that father and son financial advisors Patrick Trimp, CFP®, and Jack Trimp, ChFC®, of Trimp Wealth Management have joined LPL Financial’s broker-dealer, Registered Investment Advisor (RIA) and custodial platforms. They reported serving approximately $220 million in advisory, brokerage and retirement plan assets* and join LPL from Nations Financial Group, Inc.

    Based in Idaho Falls, Idaho, Patrick transitioned to the wealth management industry in 1999 after a decade of service in the U.S. Navy, during which he completed nuclear power training and was assigned to the USS Hammerhead, a fast-attack submarine. It was during his time in the Navy that Patrick was inspired to pivot his career, marrying his background in math with the intrigue of financial strategy.

    In 2008, he launched Trimp Wealth Management with the goal of helping his clients achieve their financial objectives through education, strategic planning and a commitment to their success. Jack joined his father’s practice in 2019, and together, they take a client-centered approach to helping their clients build sound financial futures.

    “Being able to add value for my clients’ financial wellness is the best part of the job,” Patrick said. “We’re here to guide our clients in making smart and strategic decisions about their finances and help them pursue their goals. We get to know our clients on a deeply personal level, and we are proud that most of our clients come to us through referrals.”

    It was the pair’s desire to provide a more elevated and streamlined client experience that led them to LPL Financial.

    “We spent more than three years looking for a new partner, so you could say we really did our due diligence. In the end, the decision to partner with LPL was the obvious choice,” Jack said. “What really stood out to us was LPL’s integrated and open architecture platform where we can access everything with a single sign-on as well as their ongoing commitment to meeting the evolving needs of advisors. We are confident that making the move to LPL is the right decision for our business and our clients.”

    The Trimps are active in their community and believe strongly in the importance of volunteering. Patrick is an active member in his church and Jack served as a missionary to South Africa, Uganda and South Sudan, working in refugee camps with Youth With A Mission (YWAM), a non-profit Christian organization.

    Scott Posner, LPL Executive Vice President, Business Development, said, “We welcome Patrick and Jack to the LPL community and wish them success with this next chapter of their business. As their partner, we are committed to delivering innovative technology, integrated platforms and strategic resources to help them seamlessly run their practice and provide an elevated client experience. We look forward to supporting Trimp Wealth Management for years to come.”

    Related

    Advisors, learn how LPL Financial can help take your business to the next level.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to — run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC. Trimp Wealth Management and LPL Financial are separate entities.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    *Value approximated based on asset and holding details provided to LPL from end of year, 2024.

    Media Contact: 
    Media.relations@LPLFinancial.com 

    Tracking #714926

    The MIL Network –

    April 10, 2025

  • MIL-OSI: SmartsAI Contracts Launches AI Wealth 3.0, Ushering in a New Era of Personalized Wealth Management

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, April 09, 2025 (GLOBE NEWSWIRE) — The globally recognized artificial intelligence financial platform SmartsAI Contracts (also known as Smarts AI Contracts) has announced the official launch of its latest generation intelligent asset management system—AI Wealth 3.0. This system, developed over two years, is based on multidimensional user data and evolving trends in the financial market, marking a new phase in AI-driven wealth management towards “true personalization.”

    AI Wealth 3.0 integrates core technologies such as AI risk modeling, dynamic asset rebalancing, automatic profit-taking and stop-loss mechanisms, global market sentiment recognition, and macroeconomic indicator linkage analysis. This creates a comprehensive wealth management system that combines “intelligent analysis + automatic execution + personalized adaptation,” providing users with a higher yield, lower volatility, and more transparent investment experience.

    “The launch of AI Wealth 3.0 is a genuine interpretation of ‘future asset management’ by Smarts AI Contracts,” said Jane Smith, Chief Technology Officer of SmartsAI Contracts. “We are not just letting AI manage your finances; we are enabling AI to grow with you, building a unique investment path based on individual financial goals, risk preferences, and market understanding.”

    AI Wealth 3.0 employs a new intelligent user profiling engine that deeply analyzes investors’ behavioral habits, asset status, historical operation logic, and risk tolerance. Based on this analysis, the system dynamically adjusts asset portfolios to ensure that every investment operates at “the most suitable time in the most appropriate manner.”

    Core Features Include:

    • · Real-Time Rebalancing: The system continuously monitors market fluctuations and deviations from investment goals, automatically optimizing asset ratios to maximize returns and capital efficiency.
    • · AI Risk Control and Stop-Loss Mechanisms: By combining historical big data backtesting with real-time indicator triggers, the system automatically adjusts positions or exits before maximum drawdown is reached, ensuring capital safety.
    • · Market Sentiment Analysis System: The system connects to social media, news trends, and economic data streams, with AI automatically analyzing changes in market sentiment to optimize trading rhythms and risk management.
    • · Comprehensive Asset Allocation Engine: The platform integrates SmartsAI Contracts’ internal options trading system, stock advisor system, and cryptocurrency investment modules, achieving one-stop intelligent investment advice.

    Additionally, SmartsAI Contracts announced that AI Wealth 3.0 supports multi-currency accounts and cross-market investment portfolio synchronized management, allowing users to achieve unified allocation and multidimensional monitoring of assets across global markets, further enhancing wealth growth efficiency.

    The system also provides open APIs for professional users, supporting custom indicator integration and automated trading strategy scripting, catering to the in-depth needs of high-net-worth investors and quantitative institutions.

    Since internal testing began, users of AI Wealth 3.0 have seen an average investment return rate increase of 27%, a 31% reduction in asset volatility, and over a 50% improvement in account automation management, greatly enhancing the stability and sustainability of investments.

    martsAI Contracts stated that the AI Wealth system will continue to rapidly iterate, with plans to launch corporate and family asset versions within this year, expanding the range of service users and bringing AI wealth management into more people’s lives. Additionally, the company will further enhance the system’s security and privacy protection mechanisms to ensure that all data is used and processed within a legally compliant framework.

    As artificial intelligence and fintech continue to deeply integrate, SmartsAI Contracts will maintain its momentum in driving technological upgrades, product optimization, and global regulatory compliance, constructing a more intelligent, robust, and trustworthy asset management platform that comprehensively leads the future direction of smart wealth management.

    Website: https://smartsaicontractsltd.com, https://smartsai.com

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network –

    April 10, 2025

  • MIL-OSI: Triller Group Engage South Florida Investors at Exclusive Mar-a-Lago Event

    Source: GlobeNewswire (MIL-OSI)

    Sharing the Vision on a Once-in-a-Lifetime Opportunity

    Palm Beach, FL, April 09, 2025 (GLOBE NEWSWIRE) — Triller Group Inc. (Nasdaq: ILLR) (“Triller” or “the Company”) successfully concluded a landmark exclusive dinner at President Donald J. Trump’s prestigious Mar-a-Lago Club in Palm Beach, Florida. Over 100 distinguished South Florida investors gathered to discuss and delve into Triller’s ambitious strategic vision and remarkable recent progress.

    The exclusive event was led by Triller Group CEO Wing Fai Ng and CFO Mark Carbeck. Meetings with investors took place at the iconic private residence of President Donald J. Trump, adding to the exclusivity of the event.

    “We were truly honored to showcase Triller and the significant progress we have made in the last several months at the Mar-a-Lago Club,” said Wing Fai Ng, CEO of Triller Group. “I extend my heartfelt gratitude to the more than 100 investors again for taking the time last week to learn more about Triller and our unique vision for innovation in the digital and creator-driven economy.”

    Florida’s Mar-a-Lago has become a place of pilgrimage for CEOs seeking to build ties with the new administration, with leaders from large global brands previously engaging there with investors and key stakeholders.

    The White House recently announced that 104% tariffs on China will take effect soon, adding urgency to discussions around the future of the creator-driven economy. Now more than ever is a critical time for Triller to forge key relationships and explore once-in-a-lifetime opportunities as uncertainties around the future of TikTok continue to build, which may lead to an impending TikTok ban.

    About Triller Group Inc.

    (Nasdaq: ILLR) Triller Group Inc. is a technology powerhouse with a portfolio of high-growth businesses poised to break through in the Creator Economy. Triller App is the most creator-focused social platform offering discovery, monetization, and ownership. Supported by Triller Platform, it serves as a cutting-edge social media platform designed for creators, offering innovative tools for content creation, marketing, and brand partnerships. It enables creators to connect with fans, monetize their work, and build meaningful relationships with brands.

    Bare Knuckle Fighting Championship (BKFC) stages live and streaming combat sports events that are rapidly gaining popularity with fans globally. With a focus on exciting matchups and high-energy performances, BKFC has established itself as the fastest-growing combat league in the industry. TrillerTV is Triller Group’s premier live streaming platform, showcasing a diverse array of in-house and third-party sports and entertainment content. With its robust infrastructure, TrillerTV is committed to delivering high-quality live events that captivate audiences and drive subscriber growth.

    Additionally, AGBA serves as a one-stop financial supermarket, providing independent distribution of a wide range of financial products and services. By connecting consumers with essential financial solutions, AGBA enhances Triller Group’s ecosystem, making it easier for users to access the tools they need for financial success.

    Together, these diverse businesses form a unique and integrated ecosystem that positions Triller Group at the forefront of innovation in social media, live entertainment, combat sports, and financial services. For more information about our businesses, visit www.trillercorp.com and www.agba.com.

    # # #

    Investor & Media Relations:
    Bethany Lai
    ir@triller.co

    Breanne Fritcher
    triller@wachsman.com 

    Safe Harbor Statement

    This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the outcome of any legal proceedings that may be instituted against us following the consummation of the business combination; expectations regarding our strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives and pursue acquisition opportunities; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Hong Kong and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC, the length and severity of the recent coronavirus outbreak, including its impacts across our business and operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

    The MIL Network –

    April 10, 2025

  • MIL-OSI: Gevo and Future Energy Global Sign SAF Scope 1 and Scope 3 Voluntary Carbon Credit Offtake Agreement to Accelerate Book-and-Claim Market

    Source: GlobeNewswire (MIL-OSI)

    ENGLEWOOD, Colo., April 09, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) and Future Energy Global (FEG) are pleased to announce that they have signed a pioneering offtake agreement for carbon abatement attributes, to enable airlines and other companies to reduce their CO2 emissions through Sustainable Aviation Fuel (SAF). Under the multi-year agreement, FEG will acquire from Gevo the Scope 1 and Scope 3 emissions credits from 10 million gallons per year of fuel to be produced at Gevo’s alcohol-to-jet (ATJ) SAF production facility, Gevo ATJ-60, to meet demand from FEG customers, both airlines and corporates, seeking to decarbonize their operations. The agreement also includes an option for FEG to increase the off-take at a later date.

    This agreement is expected to enable Gevo’s financing of the construction of its ATJ-60 facility. Gevo has secured a loan guarantee conditional commitment of $1.63 billion (including capitalized interest during construction) from the U.S. Department of Energy (DOE) Loan Programs Office (LPO) and is originating equity from project level capital providers. Under development in Lake Preston, South Dakota, ATJ-60 is designed to address the market need for cost-effective jet fuel while abating carbon and to respond to growing worldwide demand for SAF. Gevo’s proprietary plant design is expected to be able to produce 60 million gallons of SAF per year at similar production costs to conventional jet fuel, but with far lower carbon emissions.

    The aviation industry has targeted net-zero CO2 emissions by 2050, and SAF is expected to contribute around two thirds of the necessary emissions reduction, but to achieve this, its production quantities need to scale more than 400-fold. SAF is not yet available at all major airports worldwide so FEG provides SAF-derived Scope 1 credits to airlines who wish to buy additional SAF but who cannot easily source the physical fuel at their own airports. Similarly, when companies purchase and retire SAF-derived Scope 3 credits to compensate for their business travel emissions, they mitigate the added cost of SAF to airlines and thus enable the faster scale-up of SAF production.

    The Greenhouse Gas Protocol defines different “scopes” of responsibility for emissions. The emissions from a flight fall under an airline’s direct responsibility (i.e., Scope 1), but a company with staff flying for business on that flight is responsible for its staff’s share of the flight’s emissions (i.e., Scope 3 or indirect emissions). Separating the Scope 1 and Scope 3 attributes from the physical fuel, an approach known as “Book and Claim,” reduces fuel transportation and storage costs and carbon emissions, and unlocks a global SAF market both for airlines and for indirect aviation fuel customers around the world who are seeking to mitigate their emissions.

    “Gevo has always planned to leverage SAF market economics to scale our business, and a Book and Claim market that enables the trading of SAF environmental attributes can accelerate SAF production even faster,” says Dr. Patrick R. Gruber, CEO of Gevo. “Future Energy Global is building just such a market, spanning corporate customers, airlines, and aircraft lessors. Aircraft lessors own about half of all commercial aircraft worldwide, and Book and Claim is a critical enabler to allow them and their airline customers to adopt SAF faster.”

    “FEG’s collaboration with Gevo strongly enhances the portfolio of Book and Claim solutions we can offer our airlines, our lessors and our corporate customers,” says Natasha Mann, CEO and Co-Founder of FEG. “It’s crucial to scale SAF production, and our business model lets us unlock the capital to do so. We’re impressed with Gevo’s pipeline, which combines technology ready for today’s market and additional technologies far along in development that could increase production efficiency and accelerate the trajectory of SAF scaling.”

    FEG’s unique business model brings together investors, suppliers, and buyers to help accelerate and scale SAF production globally. FEG generates additional revenue streams by commercializing the carbon credits which SAF provides, enhancing the business case for faster production scale-up. FEG’s offtake agreement with Gevo is expected to fulfill a market need by giving buyers access to SAF credits at predictable prices, while providing financial commitments and revenue certainty that are expected to allow suppliers like Gevo to expand. FEG’s initial focus has been on aviation, though its sustainable-fuel credit solutions span the transport spectrum, including marine and land transport.

    About Gevo
    Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including SAF, motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty ATJ fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

    For more information, see www.gevo.com.

    About Future Energy Global
    Future Energy Global, headquartered in Dublin, Ireland and with staff in Europe and North America, is a pioneering SAF market accelerator.

    Through its innovative SAF pre-purchasing ecosystem, Future Energy Global accelerates the flow of capital into the SAF industry, operating at the intersection of investors, suppliers, and buyers, and bringing benefits to all parties, and ultimately also to the environment. FEG’s activities are guided by three core values: visionary independence, collaborative energy and sustainable ethos.

    FEG’s initial focus has been on aviation, though our sustainable-fuel credit solutions span the transport spectrum, including marine and land transport.

    Future Energy Global is backed by Aviation Partners, the world leader in advanced winglet technology which has already saved more than 140 million tons of aviation CO2 emissions.

    For more information, see fe.global

    About Book and Claim
    Book and Claim is a well-established structure for accounting for environmental attributes and has been in use for many years in markets such as renewable electricity generation, where individual electrons cannot be tracked through the grid. Book and Claim systems overcome this challenge by allowing renewable electricity providers to “book” the electricity they supply to the grid, while customers can “claim” the renewable electricity they have bought, whether or not they physically receive the renewable electrons. Book and Claim systems, whether in renewable electricity or in SAF, rely on robust tracking and accounting procedures to ensure that environmental credits are counted only once.

    Forward Looking Statements
    Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, including, without limitation, Future Energy Global and its business system, Gevo’s ATJ-60 project and the financing thereof, the markets for SAF and associated environmental attributes, and other statements that are not purely statements of historical fact. These forward-looking statements are made based on the current beliefs, expectations, and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2024 and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.

    Media Contact
    Heather L. Manuel
    VP, Stakeholder Engagement & Partnerships
    PR@gevo.com

    IR Contact
    Eric Frey
    VP, Corporate Development
    IR@Gevo.com

    The MIL Network –

    April 10, 2025

  • MIL-OSI: ReversingLabs Selected as a 2025 SC Awards Finalist

    Source: GlobeNewswire (MIL-OSI)

    CAMBRIDGE, Mass., April 09, 2025 (GLOBE NEWSWIRE) — ReversingLabs (RL), the trusted name in file and software security, today announced that RL Spectra Intelligence has been recognized as a 2025 finalist in the Threat Intelligence category for the 2025 SC Media’s SC Awards. The SC Awards, now in its 28th year, recognize the solutions, organizations, and individuals that have demonstrated outstanding achievement in advancing the security of information systems.

    “As threat actors continue developing more sophisticated malware and advanced delivery techniques, many security teams struggle to keep up—often relying on threat intelligence that is inaccurate, outdated, or too vague to act on,” said Mario Vuksan, CEO and Co-founder of ReversingLabs. “For over 15 years, ReversingLabs has been dedicated to filling this gap by providing the world’s largest Threat Repository of more than 422B pieces of malware and goodware to assist organizations with the most immediate, credible, and trusted threat intelligence and advanced malware detection. Having Spectra Intelligence named an SC Awards finalist is an honor and strong validation of this work and amplifies our success in delivering timely, actionable intelligence that empowers businesses to stay ahead of today’s advanced threats.”

    RL Spectra Intelligence delivers high-fidelity, orchestration-ready file and network threat intelligence backed by its threat repository of malware and goodware that is continuously updated—every day, 20 million files are analyzed, and 3 million pieces of malware are curated. Currently, the repository contains more than 422 billion searchable files (23.92 PB) and is growing by roughly 17 billion per quarter. In 2024, RL added 67 billion files to its threat repository.

    At a time when companies require visibility into the software that powers their businesses, Spectra Intelligence delivers prescriptive file and network insights with verified threat classification—empowering fast, confident action. In 2024, Spectra Threat Intelligence identified 624 million malicious URLs, 26 percent more than it detected in 2023. Over this same period, it collected 163 million domains, up 116 percent over 2023. Of these domains, Spectra Intelligence identified 78 million that were malicious.

    “From the rise of generative AI attacks to breaches exploiting third-party access and non-human credentials, the past year has reminded us that cybersecurity needs to be about innovations that help enterprises pivot, adapt, and thrive in a threat landscape that changes by the hour,” said Tom Spring, Senior Editorial Director, SC Media.

    “Being named an SC Awards finalist is a recognition not only of technical innovation, but of a shared commitment to making the digital world safer,” Spring said. “It’s inspiring to see how this year’s community of finalists—across identity, cloud, data protection, and beyond—is pushing forward together, united by purpose.”

    The 2025 SC Awards entries were evaluated across 33 specialty categories by a distinguished panel of judges, comprised of cybersecurity professionals, industry leaders, and members of the CyberRisk Alliance CISO community, representing sectors such as healthcare, financial services, education, and technology.

    Find ReversingLabs and the full list of 2025 finalists on SC Media’s website: www.scworld.com/sc-awards. For additional details on ReversingLabs Spectra Intelligence, click here.

    About CyberRisk Alliance
    CyberRisk Alliance provides business intelligence that helps the cybersecurity ecosystem connect, share knowledge, accelerate careers, and make smarter and faster decisions. Through our trusted information brands, network of experts, and more than 250 innovative annual events we provide cybersecurity professionals with actionable insights and act as a powerful extension of cybersecurity marketing teams. Our brands include SC Media, the Official Cybersecurity Summits, Security Weekly, InfoSec World, Identiverse, CyberRisk Collaborative, ChannelE2E, MSSP Alert, LaunchTech Communications, TECHEXPO Top Secret and CyberRisk TV.
    Learn more at www.cyberriskalliance.com.

    About ReversingLabs
    ReversingLabs is the trusted name in file and software security. We provide the modern cybersecurity platform to verify and deliver safe binaries. Trusted by the Fortune 500 and leading cybersecurity vendors, RL Spectra Core powers the software supply chain and file security insights, tracking over 422 billion searchable files daily with the ability to deconstruct full software binaries in seconds to minutes. Only ReversingLabs provides that final exam to determine whether a single file or full software binary presents a risk to your organization and your customers.

    Media Contact
    Doug Fraim
    Guyer Group
    Doug@Guyergroup.com

    The MIL Network –

    April 10, 2025

  • MIL-OSI: Ushur Achieves HITRUST r2 Recertification Demonstrating the Highest Level of Information Protection Assurance

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., April 09, 2025 (GLOBE NEWSWIRE) — Ushur, a leader in Customer Experience Automation (CXA), today announced that it has successfully renewed its two-year risk-based (r2) certification for its CXA platform from the HITRUST Alliance for information security.

    “At Ushur, security and regulatory compliance are foundational to Ushur’s platform and product innovation,” said Henry Peter, Chief Technology Officer and Co-founder at Ushur. “Our HITRUST r2 recertification validates that commitment—enabling enterprises in healthcare, financial services and insurance to deploy our Vertical AI Agents with confidence, knowing we meet the industry’s highest standards.”

    Ushur’s HITRUST r2 Certification confirms adherence to the highest security, compliance and risk management standards. This achievement places Ushur among an elite group of organizations worldwide that have met rigorous industry and regulatory requirements.

    “Organizations in regulated industries face relentless pressure to stay ahead of evolving security threats and ever-changing compliance requirements. At Ushur, we recognize that protecting sensitive data isn’t just a requirement—it’s a responsibility,” said Chandra Dash, Senior Director of Information Security & GRC at Ushur. Our HITRUST r2 recertification reinforces our unwavering commitment to security and trust—so our customers can confidently deploy AI-powered automation to transform their customer experiences while meeting the highest standards of regulatory compliance.”

    “HITRUST certification is globally recognized as validation that information security and privacy controls are effective and compliant with various regulations. HITRUST certification is considered the gold standard because of the comprehensiveness and applicability of the control requirements, depth of the assurance process and level of oversight that ensures accuracy,” said Jeremy Huval, Chief Innovation Officer at HITRUST.

    Beyond its HITRUST r2 recertification, Ushur maintains a robust security and compliance posture, including SOC 2 Type II certification. This certification, awarded by an independent third-party auditor, verifies that Ushur adheres to the Trust Services Criteria set by the American Institute of Certified Public Accountants (AICPA), ensuring stringent controls for managing sensitive customer data.

    The Ushur platform is compliant with the General Data Protection Regulation (GDPR), adhering to stringent data privacy and security standards for protecting personal information in commercial use. As a trusted provider of enterprise-class healthcare solutions, Ushur also meets the rigorous requirements of the Health Insurance Portability and Accountability Act (HIPAA), employing advanced security measures to safeguard protected health information (PHI) across physical, network and process levels. Additionally, the platform complies with the Payment Card Industry Data Security Standard (PCI DSS), ensuring secure processing, storage and transmission of payment-related data.

    Ushur also sets a new standard for accessible, AI-powered communication by having achieved WCAG 2.1 AA and Section 508 compliance. This compliance achievement enables organizations to offer digital services that align with the Americans with Disabilities Act (ADA), reducing the risk of non-compliance while ensuring a more inclusive and seamless experience for all users.

    Today, over 50% of Ushur’s customers are Fortune 500 companies, including global leaders in insurance and healthcare, such as Aflac, Unum, Irish Life and Cigna. To learn more about Ushur’s commitment to security, compliance and accessibility, visit ushur.com/security-and-compliance.

    About Ushur
    ‍Ushur delivers the world’s first Customer Experience Automation (CXA) platform built specifically for regulated industries. Purpose-built for delivering ideal self-service, Ushur infuses intelligence into digital experiences for the most delightful and impactful customer engagements. Equipped with guardrails and compliance-ready infrastructure, Ushur powers vertical AI Agents for healthcare, financial services and insurance use cases. Designed for rapid, code-less deployment with flexible, advanced capabilities for IT and business teams, enterprises can transform customer and employee journeys at scale, driving faster time to value and improved outcomes.

    Media Contact
    Anthony Stipa
    anthony@scribewise.com
    (610) 420-1724

    The MIL Network –

    April 10, 2025

  • MIL-OSI: XA Investments Launches Interval Fund Index Providing Greater Transparency to the Marketplace

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 09, 2025 (GLOBE NEWSWIRE) — XA Investments LLC (“XAI”), a leader in closed-end interval and tender offer fund research, announced the launch of the new XAI Interval Fund Index (“INTVL”). A total return index, INTVL tracks interval/tender offer funds registered under the Investment Company Act of 1940, with over $100 million in net assets.

    At the end of March 2025, the Index’s 77 constituents combined for more than $103 billion in total net assets, or roughly 60% of the net asset value for the entire interval and tender offer fund market. The Index has a January 2023 base date with two years of historical performance.

    “The XAI Interval Fund Index will give asset managers and financial advisors an unprecedented level of clarity in a market that has been notoriously difficult to track,” stated Kim Flynn, President of XA Investments. “By applying our in-house research, proprietary data, and rigorous methodology, XA Investments has been able to create the first index tracking the interval and tender offer fund market,” Flynn added.

    INTVL marks a shift in evaluating funds and continuing advancement for asset managers, financial advisors, and individual investors. The index offers market insights through daily intelligence to monitor and track the interval and tender offer fund market. Designed to act as a barometer for the interval and tender offer fund market, the XAI Interval Fund Index makes essential market insights possible.

    “The introduction of the XAI Interval Fund Index is another example of XA Investment’s leadership in providing the closed-end interval and tender offer marketplace with the innovative research and data needed to solidify investor interest in this burgeoning investment option,” said Philip Hasbrouck, senior managing director, Cliffwater. “The team at Cliffwater expects it will quickly find acceptance as a valuable tool by asset managers, Registered Investment Advisors (RIAs) and individual investors alike.”

    INTVL has a diverse mix of interval funds with varying investment strategies across seven different asset classes including credit, real estate/real assets, hedge funds, specialty, multi-asset, tax-free bonds and venture/private equity. The Index currently has 77 constituents which includes interval and tender offer funds with a daily or weekly net asset value that meet a minimum asset threshold. The Index is calculated daily and rebalanced quarterly. Indxx, Inc. serves as the index calculation agent.

    For more information on the XAI Interval Fund Index, please visit https://xainvestments.com/intvl. If you would like to license the Index, or have any questions, please contact info@xainvestments.com or 888-903-3358. The XAI Interval Fund Index is available on Bloomberg under the ticker INTVL.

    About XA Investments

    XA Investments LLC (“XAI”) is a Chicago-based firm founded by XMS Capital Partners in 2016. XAI serves as the investment adviser for two listed closed-end funds and an interval closed-end fund, respectively the XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT), the XAI Madison Equity Premium Income Fund (NYSE: MCN), and the Octagon XAI CLO Income Fund (OCTIX). In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XAI offers custom product build and consulting services, including product development and market research, marketing and fund management. XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. For more information, please visit www.xainvestments.com.

    Media Contact:

    Joanna Sowa

    jsowa@xainvestments.com

    312 374 6938

    The MIL Network –

    April 10, 2025

  • MIL-OSI: Community Bankshares Inc. Reports Over $69 Million in Government Guaranteed Lending in Q1 Across 14 States

    Source: GlobeNewswire (MIL-OSI)

    LAGRANGE, Ga., April 09, 2025 (GLOBE NEWSWIRE) — Community Bankshares, Inc., the holding company of Phoenix Lender Services, Thomas Financial Group, and Community Bank & Trust, announced today the successful deployment of over $69 million in Small Business Administration (SBA) and United States Department of Agriculture (USDA) backed loans through the end of Q1 2025. The financing activity spans 14 states, reflecting the company’s growing national presence and commitment to delivering critical capital to underserved and rural communities.

    Together, the loans will help create over 400 new jobs and retain more than 350 while enabling key infrastructure expansion, debt refinancing, and facility upgrades for small to mid-sized businesses.

    The lending activity included 17 SBA loans totaling over $23 million, funded by Community Bank & Trust, with origination, underwriting, and closing assisted by Phoenix Lender Services and Thomas Financial Group through their Lender Service Provider (LSP) relationship. Furthermore, Phoenix Lender Services helped to originate, underwrite, and close another $46.7 million in USDA-backed loans.

    “This is exactly the type of impact we built Phoenix Lender Services to deliver,” said Chris Hurn, President of Community Bankshares and President & CEO of Phoenix Lender Services. “We are proud to empower community banks with the tools and expertise they need to deliver transformative capital into rural, urban, and working-class communities — especially when it strengthens supply chains, creates jobs, and preserves family-run businesses.”

    Phoenix Lender Services serves as the Lender Service Provider (LSP) on SBA, USDA, and commercial loans, overseeing eligibility, origination, underwriting, packaging, closing, compliance, and servicing to ensure a seamless borrower and lender experience.

    “Phoenix Lender Services was instrumental in helping us deploy this capital efficiently and effectively,” said Steve Jefferies, President & CEO of Community Bank & Trust. “They bring unmatched knowledge of SBA and USDA lending, and our partnership allows us to expand our reach and serve more businesses across our communities nationwide.”

    Their growing national presence included financing business owners in Alabama, Alaska, Arizona, California, Florida, Georgia, Kentucky, Michigan, Missouri, North Carolina, New York, Ohio, Tennessee, Texas, South Carolina, and Wisconsin — and spans industries such as food logistics, manufacturing, healthcare, petroleum, distribution and specialty retail.

    “Securing a loan through Community Bank & Trust, with the support of Phoenix Lender Services, made it possible for us to acquire Firm Foundations Framing—marking a pivotal moment in our journey,” said Ed Black, President of Firm Foundations Framing. “As a construction company building between 750 and 1,000 homes annually across Georgia, this acquisition enables us to retain and grow a business that directly impacts hundreds of lives. More importantly, it fulfills a lifelong dream of business ownership and lays the groundwork for continued growth and opportunity within our communities.”

    “This isn’t our first time working with Thomas Financial Group—and for good reason. We wouldn’t be where we are today without their support,” said Kevin Durling, President of Petroleum Equipment & Services, Inc. “The company’s expertise and understanding of the USDA process are unmatched.”

    About Community Bankshares, Inc. (CBI)
    Community Bankshares, Inc., is a dynamic bank holding company revolutionizing the financial landscape through its support for America’s small and mid-sized businesses. As a mission-focused company, CBI is redefining how lending capital is provided across the nation and its territories in ways that promote business stability and encourage local area prosperity. In doing so, CBI fosters economic growth, job creation and retention, and community strength.

    About Phoenix Lender Services (PHX)
    Based in Georgia and serving clients nationwide, Phoenix Lender Services offers a comprehensive suite of commercial lending solutions, including loan originating, underwriting, closing, and servicing; participant lender matching (USDA); secondary market sales; portfolio management; risk analysis; and compliance reviews and regulatory support. PHX’s seasoned professionals combine extensive industry expertise in SBA and USDA government-guaranteed lending (over 700 combined years) with industry-leading technologies to deliver tailored solutions that align with each client’s unique strategic goals. PHX is a wholly owned subsidiary of CBI.

    About Thomas Financial Group (TFG) 
    Thomas Financial Group, located in Atlanta, Georgia, is a nationally recognized leader in providing innovative and comprehensive commercial lending solutions tailored to meet the unique needs of rural and underserved communities across America. With over 40 years of experience in originating and packaging loans within the USDA and SBA government-guaranteed lending space, TFG’s highly capable team helps clients successfully navigate even the most complex financing scenarios to meet the needs of our nation’s businesses. TFG is a wholly owned subsidiary of CBI.

    About Community Bank & Trust (CB&T)
    Community Bank & Trust, a subsidiary of Community Bankshares Inc., is a trusted financial institution dedicated to serving individuals, families, and businesses across its service area and nationwide. Headquartered in LaGrange, GA, CB&T is committed to leveraging its rural roots to empower local consumers and commercial entities, as well as underserved groups and communities, with a broad slate of accessible, personalized banking solutions while also reaching a diverse and growing nationwide audience.

    MEDIA CONTACT

    Hannah Williams
    Uproar PR by Moburst for Community Bank Shares, Inc.
    hannah.williams@moburst.com

    The MIL Network –

    April 10, 2025

  • MIL-OSI: Live Oak Bancshares, Inc. Announces Date of First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    WILMINGTON, N.C., April 09, 2025 (GLOBE NEWSWIRE) — Live Oak Bancshares, Inc. (NYSE: LOB) today announced that it will report its first quarter 2025 financial results after U.S. financial markets close on Wednesday, April 23, 2025.

    In conjunction with this announcement, Live Oak will host a conference call to discuss the company’s financial results and business outlook on Thursday, April 24, 2025, at 9:00 a.m. ET.

    The call will be accessible by telephone and webcast using Conference ID: 75855. A supplementary slide presentation will be posted to the website prior to the event, and a replay will be available for 12 months following the event.

    The conference call details are as follows:

    Live Telephone Dial-In
    U.S.: 800.549.8228
    International: +1 646.564.2877
    Pass Code: None Required

    Live Webcast Log-In
    Webcast Link: investor.liveoakbank.com
    Registration: Name and Email Required
    Multi-Factor Code: Provided After Registration

    About Live Oak Bancshares
    Live Oak Bancshares, Inc. (NYSE: LOB) is a financial holding company and parent company of Live Oak Bank. Live Oak Bancshares and its subsidiaries partner with businesses that share a groundbreaking focus on service and technology to redefine banking. To learn more, visit liveoakbank.com. 

    Contacts:
    Walter J. Phifer | CFO
    910.202.6929

    Claire Parker | Investor Relations
    910.597.1592

    The MIL Network –

    April 10, 2025

  • MIL-OSI: Grayscale Investments Appoints Diana Zhang as Chief Operating Officer

    Source: GlobeNewswire (MIL-OSI)

    STAMFORD, Conn., April 09, 2025 (GLOBE NEWSWIRE) — Grayscale Investments, the world’s largest crypto-focused asset management platform, today announced the appointment of Diana Zhang as Chief Operating Officer, effective Tuesday, May 6. In this role, Zhang will report to CEO Peter Mintzberg. Zhang succeeds Hugh Ross, who has served as Grayscale’s COO since 2021.

    A veteran asset management executive with 18+ years of experience holding leadership positions at prominent asset management firms, Zhang has a proven ability to shape and execute strategy, run company-wide operations, drive business development, and cultivate teams. For more than a decade, Zhang held multiple executive roles at Bridgewater Associates, a globally recognized asset management firm, including as a Deputy to the co-CEO and as COO of Investment Research. Most recently, Zhang was the COO of BlockTower Capital, a leading institutional investment firm focused on digital and traditional asset classes. Zhang also co-founded NeighborShare, a technology-driven nonprofit that helps families through pivotal moments of need of $400 or less that would otherwise go unmet.

    “Diana is a rare talent, bringing a combination of relevant experience, track record, and vision to Grayscale from some of the leading asset management and investing firms, including those specializing in cryptocurrency and blockchain-related assets,” said Grayscale Chief Executive Officer Peter Mintzberg. “Diana will serve as a strategic partner to our entire team, helping us expand our institutional-caliber partnerships with our clients and fulfill our mission as the largest crypto-focused asset management platform.”

    “I am thrilled to join Grayscale,” said Diana Zhang. “This is an exciting time for the crypto asset management industry, and Grayscale is well-positioned for continued success. I look forward to working with the talented team to drive innovation, deliver exceptional value to our clients, and set the standard for excellence and pioneering leadership in the market.”

    “We are grateful to Hugh for all his contributions to Grayscale, which have been instrumental in positioning us for success,” continued Mintzberg. “During his tenure, we created and launched innovative investment products for the digital economy, including the first digital asset exchange-traded products in the industry. Hugh will provide valuable support during the transition period and, I’m confident, will make a meaningful impact wherever he decides to apply his talents and experience next.”

    “I am proud of the foundational work Grayscale has accomplished thus far, and I am grateful for the opportunity to have served as its COO for the last four years,” said Hugh Ross. “One of the things that attracted me to the crypto asset management space was navigating the challenges associated with an ever-evolving landscape. As I move on to new opportunities, I am confident that the team will continue to drive the company’s mission forward and achieve great success.”

    Over the last decade, Grayscale has launched a suite of more than thirty crypto investment products enabling access to the crypto asset class in a familiar, transparent wrapper, while serving as an educational resource to the investing public, working with policymakers and regulators to bring crypto assets further into the regulatory perimeter, and growing the firm’s business capabilities and best-in-class team. 

    About Grayscale Investments
    Grayscale enables investors to access the digital economy through a family of future-forward investment products. Founded in 2013, Grayscale has a proven track record and deep expertise as the world’s largest crypto asset manager. Investors, advisors, and allocators turn to Grayscale for single asset, diversified, and thematic exposure.

    Media Contact
    press@grayscale.com

    The MIL Network –

    April 10, 2025

  • MIL-OSI: Fusion Fuel Signs Non-Binding Letter of Intent to Acquire British Fuel Distribution Company

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ireland, April 09, 2025 (GLOBE NEWSWIRE) — via IBN – Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of full-service energy engineering and advisory solutions, today announced that it has signed a non-binding letter of intent (“LOI”) to acquire 100% of a privately held British fuel distribution company (the “Target”).

    In the proposed acquisition, the Company will purchase 100% of the outstanding shares of the Target from its shareholders for total consideration valued at £50 million, consisting of £25 million in cash funded through debt financing, £2 million in cash financed from a capital raise, £8 million in the Company’s shares subject to a make-whole agreement, and two additional payments of £7.5 million cash each within nine months and 18 months from the closing.

    The Target reported over $50 million in revenue and $4 million in net income for the year ending in 2023 and delivered strong growth in 2024, generating over $54 million in revenue and $7 million in net income. The transaction, if consummated, would mark a significant expansion of Fusion Fuel’s presence in the energy distribution sector, aligning with the Company’s broader strategic objectives.

    John-Paul Backwell, Chief Executive Officer of Fusion Fuel, commented: “This proposed transaction reflects our progress in executing our growth strategy, which began with our acquisition of Quality Industrial Corp. late last year. Our short-term priority is to build a synergistic portfolio of profitable and cash-generating businesses across the energy value chain. In addition to significantly increased revenues and profitability, acquiring this United Kingdom-based fuel distribution company would enable us to expand our footprint in the energy distribution space while also broadening our geographic presence into a key new market.”

    The LOI is non-binding, and consummation of the transaction remains subject to further due diligence, the negotiation of definitive agreements, and the satisfaction of customary closing conditions, including regulatory approvals. The Company expects to provide further updates as discussions progress.

    About Fusion Fuel Green PLC

    Fusion Fuel Green PLC (NASDAQ: HTOO) is an emerging leader in the energy services sector, offering a comprehensive suite of energy supply, distribution, and engineering and advisory solutions through its Al Shola Gas and BrightHy brands. Al Shola Gas provides full-service industrial gas solutions, including the design, supply, and maintenance of liquefied petroleum gas (LPG) systems, as well as the transport and distribution of LPG to a broad range of customers across commercial, industrial, and residential sectors. BrightHy, the Company’s newly launched hydrogen solutions platform, focuses on delivering innovative engineering and advisory services that enable decarbonization across hard-to-abate industries.

    Learn more about Fusion Fuel by visiting our website at https://www.fusion-fuel.eu and following us on LinkedIn.

    Forward-Looking Statements

    This press release includes “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target”, “may”, “intend”, “predict”, “should”, “would”, “predict”, “potential”, “seem”, “future”, “outlook” or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Fusion Fuel has based these forward-looking statements largely on its current expectations, including but not limited the ability of the investment reported on to be consummated as anticipated. Such forward-looking statements are subject to risks and uncertainties, including without limitation, the Company’s ability to enter into a definitive share purchase agreement with the shareholders of the Target, the ability of the parties to complete their due diligence and all other closing conditions, the Company’s ability to complete the proposed acquisition and integrate the Target’s business, obtain all necessary regulatory and other consents and approvals in connection with the transaction, andthose set forth in Fusion Fuel’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission on April 30, 2024, which could cause actual results to differ from the forward-looking statements.

    Investor Relations Contact

    ir@fusion-fuel.eu

    Wire Service Contact:
    IBN
    Austin, Texas
    www.InvestorBrandNetwork.com
    512.354.7000 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network –

    April 10, 2025

  • MIL-OSI: Flourish Announces Relationship with Carson Group

    Source: GlobeNewswire (MIL-OSI)

    New York, April 09, 2025 (GLOBE NEWSWIRE) — Flourish, a platform that helps registered investment advisors (RIAs) grow by evolving from holistic advice to holistic implementation, today announced a new relationship with Carson Group Partners (“Carson”), a financial advisory network of more than 150 RIA offices and approximately $42B in assets under management. The partnership will bring Flourish Cash, Flourish’s flagship cash management offering, to all Carson advisors.

    Carson manages approximately $42 billion in assets and counts more than 52,000 client families in its advisory network. This new relationship reinforces the importance of cash being a part of the client-advisor strategic conversation. 

    “Industry research and our own Flourish data confirm that high and ultra-high net worth investors hold about 20% of their net worth in cash. These funds are typically sitting in checking and savings accounts earning next to nothing and often well over the FDIC limits, unprotected from potential bank failures,” said Flourish CEO Max Lane. “While held-away savings are discussed as part of holistic planning, without a specific advisor-centric solution there’s often no follow-through on optimizing reserve cash. This partnership gives Carson advisors an integrated, secure, higher yielding cash option to optimize clients’ held-away cash while also uncovering new assets to drive organic growth.

    “Carson is committed to equipping our advisors with innovative financial tools that elevate client results and solve real world needs. Flourish serves to help advisors execute on financial plans, unlocking growth and adding protection,” said Dani Fava, Chief Strategy Officer at the Carson Group. “This partnership strengthens advisor capabilities while seamlessly integrating into existing workflows. The greater visibility into clients’ cash savings offers advisors a route to growth.”

    Flourish’s products are built exclusively for RIAs and help financial advisors bring held-away assets into their orbit. Flourish also offers Flourish Annuities, an end-to-end digital annuities solution that makes it easy for RIAs to include annuities in client portfolios.

    Over 900 RIAs managing over $1.6 trillion in combined assets trust Flourish to help them fully execute financial plans and bring more assets into their orbit. As a platform that helps RIAs grow by evolving from holistic advice to holistic implementation, Flourish also allows advisors to feature their firm’s branding as well as providing client-friendly marketing materials, premium support, and more.

    ABOUT FLOURISH
    Flourish builds technology that empowers financial advisors, improves financial lives and retirement outcomes, and delivers new and innovative investment options to advisors. Today, the Flourish platform supports more than $7 billion in assets under custody and is used by more than 900 wealth management firms representing more than $1.6 trillion in assets under management. Flourish is wholly-owned by Massachusetts Mutual Life Insurance Company (MassMutual). For more information, visit www.flourish.com. 

    ABOUT CARSON GROUP
    Headquartered in Omaha, Nebraska, Carson Group serves financial advisors and investors through its three businesses — Carson Wealth, Carson Coaching and Carson Partners. Carson Group has created an ecosystem dedicated to helping financial advisors unleash the full potential of their firms by providing marketing, compliance, technology, investment strategies, succession planning, M&A support, and coaching. The company currently manages approximately $42 billion* in AUM and serves more than 52,000 families among its advisor network of 150+ partner offices, including 50+ Carson Wealth locations. For more information, visit www.carsongroup.com.

    *Combined AUM of CWM, LLC and NWCM.

    Forward Looking Statements

    This press release may contain forward looking statements that are subject to certain risks and uncertainties. Actual results, performance, or achievements may differ materially from those expressed or implied.

    This feedback may not be representative of the experience of other customers, and is not a guarantee of future performance or success. 

    Flourish is an online platform through which investors can access financial services and products. Flourish’s offerings are provided by different entities and are subject to different terms, investor protections, and risks. Flourish Cash is offered by Flourish Financial LLC, a registered broker-dealer and FINRA member. Flourish Financial LLC is not a bank. Check the background of Flourish Financial LLC and its personnel on FINRA’s BrokerCheck. Flourish Annuities refers generally to the annuity platform operated by Flourish Technologies LLC and to Flourish Insurance Agency LLC, and, where applicable, Flourish Financial LLC. Flourish Insurance Agency operates in its capacity as a licensed insurance producer with offices in Jersey City, New Jersey, and does business in California under the name Flourish Digital Insurance Agency, providing insurance services related to such platform. Variable annuities, defined in this context to include Registered Index-Linked Annuities (“RILAs”), are offered through Flourish Financial LLC. Annuities shown on the platform are sold through Flourish Annuities, and are issued by one or more licensed insurance companies. The Flourish entities mentioned above are affiliates. Flourish Cash and Flourish Annuities accounts are separate accounts and only assets in Flourish Cash accounts may be eligible for protection by the FDIC or SIPC. Please review the Legal section of our website, and the disclosures provided with each Flourish service or product for further information. If you were introduced or invited to Flourish by an investment advisor or other third party, please be aware that, unless otherwise disclosed to you, they are not affiliated with any Flourish entity. The role of the investment advisor or other firm that invited you to Flourish may vary between different Flourish services and products, as further described in your terms of service. © 2025 Flourish. All rights reserved.

    A Flourish Cash account is a brokerage account offered by Flourish Financial LLC, a registered broker-dealer and FINRA member. Flourish Financial LLC is not a bank. Check the background of Flourish Financial LLC and its personnel on FINRA’s BrokerCheck. The cash balance in a Flourish Cash account will be swept from the brokerage account to deposit account(s) at one or more third-party Program Banks that have agreed to accept deposits from customers of Flourish Financial LLC. The accounts at Program Banks will pay a variable rate of interest. The cash balance in a Flourish Cash account that is swept to one or more Program Banks is eligible for FDIC insurance, subject to FDIC rules, including FDIC aggregate insurance coverage limits. FDIC insurance will not be provided until the funds arrive at the Program Bank. Flourish Cash’s current Program Banks can be found here. For additional information regarding FDIC coverage, visit https://fdic.gov/ and https://www.flourish.com/advisors.

    The MIL Network –

    April 10, 2025

  • MIL-OSI: BlackLine Recognized in Report on Top AI Use Cases for Accounts Receivable Automation in 2025

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, April 09, 2025 (GLOBE NEWSWIRE) — BlackLine, Inc. (Nasdaq: BL), has been recognized in the recently published Forrester Report: Top AI Use Cases for Accounts Receivable Automation in 2025. The report highlights key areas where artificial intelligence is transforming the accounts receivable (AR) function, with BlackLine cited for its capabilities in three essential categories: Collection Management, Explainability and Transparency, and Model Bias and Inaccuracy.

    According to the report,

    “BlackLine trains AI models with diverse data sets to minimize bias and continuously monitors prediction accuracy, with human reviews to ensure performance.”

    “Finance & accounting leaders want AI they can trust—not just to automate workflows, but to enhance judgment, reduce risk, and ensure data integrity,” said Charlie Gaulke, SVP of Product Management at BlackLine. “For us, being recognized for mitigating model bias and increasing accuracy reflects our commitment to delivering responsible, explainable, and user-controlled AI—grounded in the real-world needs of the Office of the CFO.”

    The Forrester report also recognized BlackLine’s AR Intelligence solution in the following areas:

    • Collection Management: “BlackLine’s AR Intelligence forecasts invoice payments, enabling proactive collection.”
    • Explainability and Transparency: “BlackLine provides visualizations, dashboards, and interfaces to help users understand AI outputs, using interpretable models and explainable AI techniques for transparency.”

    BlackLine’s AR Intelligence applies machine learning to help organizations reduce days sales outstanding (DSO), improve working capital performance, and increase the accuracy of cash forecasting—while maintaining full transparency into how AI-generated insights are produced and validated.

    “Our vision is to bring autonomous finance to every company in the world,” said Jeremy Ung, Chief Technology Officer at BlackLine. “That means using AI not just to automate tasks, but to elevate human judgment—so people become exception handlers and reviewers, while AI handles the heavy lifting. In the year ahead, we’re focused on automating the preparer and collector roles and augmenting the reviewer and approver. It’s part of our broader mission to deliver agentic, explainable, and high-impact AI use cases that move the Office of the CFO toward faster, smarter, and more trusted financial operations.”

    The Forrester: Top AI Use Cases for Accounts Receivable Automation in 2025 report, authored by Meng Liu and contributors, was published on March 14, 2025. It provides a roadmap for finance and technology leaders seeking to adopt AI in AR processes more effectively.

    To learn more about BlackLine’s AI solutions, visit: https://www.blackline.com/why-blackline/blackline-ai/

    MEDIA CONTACT:

    Samantha Darilek

    VP, Communications

    P. 877-777-7750

    E: samantha.darilek@blackline.com

    The MIL Network –

    April 10, 2025

  • MIL-OSI United Kingdom: Greens call for crackdown on property-hoarding tax avoiders

    Source: Scottish Greens

    09 Apr 2025 Finance Housing

    The UK has become the world’s biggest destination for overseas property investors.

    More in Finance

    Scotland must act to crack down on property-hoarding tax avoiders to tackle the housing crisis, says the Scottish Greens’ finance spokesperson Ross Greer MSP.

    Mr Greer will shortly lodge proposals in Parliament to end the tax breaks currently enjoyed by two types of companies infamous for buying up and hoarding property – open-ended investment companies and residential property holding companies. He will also propose an additional charge for overseas buyers to crack down on property speculators based in tax havens buying up homes across Scotland. The proposals will be lodged as amendments to the Housing (Scotland) Bill.

    It was recently revealed that buy-to-let housing firms have become the biggest type of business in the UK, outnumbering fast food shops by four to one. A report by the Common Wealth think tank also found that the UK has become the world’s biggest destination for overseas property investors. At the same time, a housing emergency has been declared in Scotland, with thousands of children currently homeless and in temporary accommodation.
    [1][2]

    Mr Greer said:

    “Scotland is in the grips of a housing emergency, yet we still allow homes to be bought and hoarded by overseas speculators without them even paying the same tax that anyone else would. These companies are only interested in making a profit, even if it means the property sitting empty for months or even years at first.

    “Ideally these nonsense companies should be banned from buying homes in Scotland at all, but at the very least they should face a hefty tax bill for the privilege. That should at least put some of them off. We can be a society where everyone has somewhere to call home, but that won’t happen for as long as we have a broken market, one tilted in favour of the speculators, the tax avoiders and the super-rich.”

    “Most people will never have access to the kind of tax wheezes and loopholes that these wealthy buyers have access to. My proposals would force them to either pay their fair share or make way and free up more homes for people and families who really need them.”

    Notes:

    Mr Greer’s amendments will end the exemption from Land and Buildings Transaction Tax (LBTT) currently enjoyed by two types of companies, open-ended investment companies and property holding companies. An additional amendment will apply an LBTT surcharge when the buyer of a property which will not be their primary residence is based outside of the UK.

    MIL OSI United Kingdom –

    April 10, 2025

  • MIL-OSI USA: LEADER JEFFRIES: “WE ARE UNIFIED IN OUR OPPOSITION TO THE LARGEST MEDICAID CUT IN AMERICAN HISTORY”

    Source: United States House of Representatives – Congressman Hakeem Jeffries (8th District of New York)

    Washington, DC – Today, House Democratic Leader Hakeem Jeffries held a press availability with Senate Democratic Leader Chuck Schumer and House and Senate Democratic leaders where they made clear that Democrats remain united in pushing back against the reckless Republican tax scheme.

    Leader Jeffries: We had another excellent meeting with our Senate Democratic colleagues. Thank you, Leader Schumer, for hosting us today. We are unified in our opposition to the Republican effort to enact the largest Medicaid cut in American history. That’s a disgrace and it will hurt people all across the country. We are unified in our effort to protect and strengthen Social Security. It’s not an entitlement program. It’s an earned benefit. Senate Democrats and House Democrats will continue to stand together in defense of Social Security. We are unified in our effort to improve the quality of life of the American people.

    America right now is too expensive. The cost of living is too high. President Donald Trump promised that costs would go down on day one. He lied to the American people. Costs aren’t going down. They’re going up. Inflation is going up. And Republicans are crashing the economy in real time, increasing costs, reducing retirement savings and driving America toward a Republican recession. So House and Senate Democrats are unified in defense of the American people, pushing back against their extreme budget plan to take away healthcare, nutritional assistance and veterans benefits from the American people, all in service of tax cuts for their billionaire donors like Elon Musk. As Leader Schumer indicated, House Democrats and Senate Democrats together next week will have a Save Social Security Day of Action on Tuesday, and then a Medicaid Matters Day of Action on Thursday, and then the week after that, a week of action around the cost of living in America.

    Leader Jeffries’ remarks can be found here. 

    ###

    MIL OSI USA News –

    April 10, 2025

  • MIL-OSI: Fideres Announces Affiliation of Leading Financial Economist Dr. Matthew D. Cain

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) — Fideres, a global economic consultancy renowned for supporting complex financial litigation for its law firm clients, is proud to announce the affiliation of Dr. Matthew D. Cain.

    Under this agreement, Dr. Cain will serve as a testifying expert and lead Fideres’ expanding securities litigation practice in the United States.

    One of the most prominent testifying experts in U.S. securities litigation, Dr. Cain has provided expert analysis in more than 60 major securities and regulatory enforcement matters, including numerous headline cases brought by the U.S. Securities and Exchange Commission.

    “This is a game-changing move for Fideres and our clients in the plaintiff bar,” said Alberto Thomas, co-founder and managing partner at Fideres USA. “Matt’s partnership with us signals our deep commitment to supporting our clients’ most challenging and impactful cases.”

    This partnership will enable Fideres’s clients to pursue high-stakes, complex litigation with best-in-class economic analysis and support.

    “Working directly with Fideres affords me the ability to focus and lend my experience to an organization with a rich history of affecting change through securities litigation, rooted in academic rigor, innovative economic analysis, and strategic execution,” said Dr. Cain.

    Dr. Cain has held senior academic appointments at the New York University School of Law and the University of California, Berkeley School of Law. He also served as a Financial Economist in the SEC’s Office of Litigation Economics and as an advisor to SEC Commissioner Robert J. Jackson, Jr. His research has been widely published in leading academic and legal journals, with a focus on securities litigation, disclosure, and corporate governance. Dr. Cain holds a Ph.D. in Finance from Purdue University and a Bachelor of Science in Finance from Grove City College.

    About Fideres
    Founded in 2009, Fideres is a consultancy specializing in economic analysis and expert witness services for complex litigation, particularly in the areas of antitrust, financial markets, and consumer protection. The firm has advised claimants in some of the most significant economic and antitrust cases globally and maintains offices in New York and other major jurisdictions worldwide.

    For more information click here.

    Media Contact:
    Mark Firmani
    mark@firmani.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0306a3cf-81d8-4a84-9c34-0246e55e8900

    The MIL Network –

    April 10, 2025
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