NewzIntel.com

Category: Transport

  • MIL-OSI: LeddarTech Provides Update on Financial Situation and Announces Workforce Reduction

    Source: GlobeNewswire (MIL-OSI)

    QUEBEC CITY, Canada, May 20, 2025 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech” or the “Company”) (Nasdaq: LDTC), an AI-powered software company recognized for its innovation in advanced driver assistance systems (ADAS) and autonomous driving (AD), today provided an update regarding its discussions with its lenders under the amended and restated financing offer dated as of April 5, 2023 with Fédération des caisses Desjardins du Québec (“Desjardins” and the financing offer, as amended, the “Desjardins Credit Facility”) and the bridge financing offer dated as of August 16, 2024 with the initial bridge lenders and certain members of management and the board of directors (collectively, the “Bridge Lenders”, and the financing offer, the “Bridge Facility”). While the Company continues to be in active discussions with Desjardins and its Bridge Lenders, it has not reached an agreement providing for additional financing for the Company or relief from the minimum cash, equity financing and process plan covenants contained in the Desjardins Credit Facility and Bridge Facility.

    In an effort to preserve cash and afford the Company additional time to pursue discussions with its lenders, the Company also announced a reduction of its workforce through temporary layoffs of approximately 138 individuals, in all of its locations and across all departments within the organization, representing approximately 95% of the Company’s total workforce. Such measure will provide the Company with additional time to continue to actively evaluate potential alternatives relating to a restructuring of its obligations, a sale of the business or certain of its assets, strategic investments and/or any other alternatives, including seeking creditor protection under the Companies’ Credit Arrangement Act. There can be no assurance that the Company will be successful in pursuing and implementing any such alternatives, nor any assurance as to the outcome or timing of any such alternatives.

    About LeddarTech

    A global software company founded in 2007 and headquartered in Quebec City with additional R&D centers in Montreal and Tel Aviv, Israel, LeddarTech develops and provides comprehensive AI-based low-level sensor fusion and perception software solutions that enable the deployment of ADAS, autonomous driving (AD) and parking applications. LeddarTech’s automotive-grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment to achieve better decision making and safer navigation. This high-performance, scalable, cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement automotive and off-road vehicle ADAS solutions.

    LeddarTech is responsible for several remote-sensing innovations, with over 190 patent applications (112 granted) that enhance ADAS, AD and parking capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution.

    Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter (X), Facebook and YouTube.

    Forward-Looking Statements

    Certain statements contained in this Press Release may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which forward-looking statements also include forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws), including, but not limited to, statements relating to LeddarTech’s selection by the OEM referred to above, anticipated strategy, future operations, prospects, objectives and financial projections and other financial metrics, as well as expectations regarding the anticipated performance, adoption and commercialization of its products. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “may,” “will,” “should,” “would,” “expect,” “anticipate,” “plan,” “likely,” “believe,” “estimate,” “project,” “intend” and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation, our ability to continue to maintain compliance with Nasdaq continued listing standards following our transfer to the Nasdaq Capital Market, as well as: (i) the risk that LeddarTech and the OEM referred to above are unable to agree to final terms in definitive agreements; (ii) the volume of future orders (if any) from this OEM, actual revenue derived from expected orders, and timing of revenue, if any; (iii) our ability to timely access sufficient capital and financing on favorable terms or at all; (iv) our ability to maintain compliance with our debt covenants, including our ability to enter into any forbearance agreements, waivers or amendments with, or obtain other relief from, our lenders as needed; (v) our ability to execute on our business model, achieve design wins and generate meaningful revenue; (vi) our ability to successfully commercialize our product offering at scale, whether through the collaboration agreement with Texas Instruments, a collaboration with a Tier 2 supplier or otherwise; (vii) changes in our strategy, future operations, financial position, estimated revenues and losses, projected costs and plans; (viii) changes in general economic and/or industry-specific conditions; (ix) our ability to retain, attract and hire key personnel; (x) potential adverse changes to relationships with our customers, employees, suppliers or other parties; (xi) legislative, regulatory and economic developments; (xii) the outcome of any known and unknown litigation and regulatory proceedings; (xiii) unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism, outbreak of war or hostilities and any epidemic, pandemic or disease outbreak, as well as management’s response to any of the aforementioned factors; and (xiv) other risk factors as detailed from time to time in LeddarTech’s reports filed with the U.S. Securities and Exchange Commission (the “SEC”), including the risk factors contained in LeddarTech’s Form 20-F filed with the SEC. The foregoing list of important factors is not exhaustive. Except as required by applicable law, LeddarTech does not undertake any obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:
    Chris Stewart, Chief Financial Officer, LeddarTech Holdings Inc.
    Tel.: + 1-514-427-0858, chris.stewart@leddartech.com

    Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Holdings Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

    LeddarTech Holdings Inc. is a public company listed on the Nasdaq under the ticker symbol “LDTC.”

    The MIL Network –

  • MIL-OSI USA: VIDEO: Pressley, Color Of Change, Colleagues Condemn Medicaid Cuts for Trump’s Billionaire Handouts

    Source: United States House of Representatives – Congresswoman Ayanna Pressley (MA-07)

    “Donald, there is nothing beautiful about making people sicker, poorer, and more vulnerable. And that’s exactly what this bill would do.”

    Republican Reconciliation Bill Would Rip Away Healthcare and Food Assistance from Millions, Harm Everyone Especially Black and Brown Communities

    Video (YouTube)

    WASHINGTON – Today, Congresswoman Ayanna Pressley (MA-07) co-hosted a press conference with Color of Change to oppose the Republicans’ cruel and harmful budget reconciliation package, which would gut critical programs like Medicaid and the Supplemental Nutrition Assistance Program (SNAP) to fund billions of dollars in new tax giveaways straight into the pockets of Trump’s billionaire friends. The bill is estimated to cause 14 million people to lose their healthcare and raise costs for millions more. It would also make the largest cuts to food assistance in American history, taking food away from millions of children, seniors, veterans, and folks with disabilities.

    Across Massachusetts, over 955,000 Medicaid enrollees are at risk of losing healthcare coverage under MassHealth, the Commonwealth’s Medicaid program, due to the bill’s work reporting requirements for Medicaid. In the Massachusetts 7th Congressional District, approximately 135,000 enrollees would lose coverage.

    Republicans’ extreme budget plan also threatens the approximately 1,216,000 people in the Commonwealth who depend on SNAP to put food on the table, including 187,000 people in the Massachusetts 7th Congressional District.

    Congresswoman Pressley was joined by Representatives Summer Lee (PA-12), Shontel Brown (OH-11), Alma Adams (NC-12), Gabe Amo (RI-01), and Rashida Tlaib (MA-12), as well as Color of Change’s Interim Executive Director Portia Allen-Kyle, Families over Billionaires’ Campaign Director Michael Linden, and advocates from Color of Change.

    A transcript of the Congresswoman’s opening remarks, as delivered, is available below, and the full video is available here.

    Transcript: Pressley, Color Of Change Host Presser Opposing Medicaid Cuts for Trump’s Billionaire Handouts
    U.S. Capitol
    May 20, 2025

    Good afternoon everyone!

    Thank you for joining us. It is so good always to be surrounded by what I consider to be movement family. I am immensely proud to be partnering with Color of Change as we demand that Republicans take their hands off our healthcare, hands off our food assistance, and hands off other essential, life-saving programs.

    Thank you to Portia, for standing in the gap in such a time as this. Thank you for the indefatigable efforts of the entire team at Color of Change, to the folks here today who are opening their hearts to share their stories with us all. 

    And thank you my colleagues, Representatives Lee, Brown, Adams, Amo and Tlaib for their partnership and to our friends at Families over Billionaires for the work you do each and every day.

    We stand here today because Republicans are trying to gut Medicaid, SNAP, and other essential, life-saving programs so they can line the pockets of billionaires including Elon Musk and Donald Trump.

    Donald Trump is stealing from the poor, the elderly, the vulnerable and everyday working families to line his own damn pockets.

    This is the great Republican ripoff.

    These attacks are precise, intentional, targeted. 

    They mean harm to everyone who calls this country home, beginning with our most vulnerable.

    They’re coming for our veterans, our elders, and folks with disabilities. 

    They’re coming for those in need of life-saving medications for chronic diseases like asthma, high blood pressure, and dementia.

    They’re coming for babies who need formula, parents who are just trying to put food on the dinner table.

    And of course, they mean to harm our Black and brown communities who stand to be the most impacted by these devastating cuts.

    Medicaid is essential healthcare. About 1 in 5 Medicaid enrollees are Black.  

    SNAP is essential food for families. 20% of Black households have faced food insecurity in recent years, compared to 7% of white households.

    As the saying goes, when the rest of America gets a cold, Black folks get pneumonia – and this bill is certainly a testament to that. 

    I represent the Massachusetts 7th, a district that is vibrant, diverse, dynamic, one of the most unequal in this country, and was one of the hardest-hit Congressional districts by the first Trump occupancy.

    And we have every reason to believe that this will be the case again in the second occupancy of the Trump White House.

    Donald Trump was up here today threatening his caucus to fall in line behind his “one big, beautiful bill.” 

    Donald, there is nothing beautiful about making people sicker, making people poorer, making people more vulnerable. And that’s exactly what this bill would do. 

    Nearly 14 million people kicked off their healthcare. Food ripped out of the mouths of millions of children, seniors, veterans, and folks with disabilities. 

    I mean seriously, the only people who’d benefit from this bill are toy spaceship billionaires like Elon Musk and Donald Trump himself.

    The cruelty is the point. 

    Republicans know exactly how cruel and unpopular this bill is. Otherwise, they wouldn’t be trying to move it forward under the cover of night at 11 o’clock on a Sunday or 1am on a Wednesday, like they’re doing this week. 

    You know, Donald Trump and Republicans would love for us to stop fighting back.

    Donald Trump’s a dictator. A dictator wants a citizenry that is uninformed, that is indifferent to the suffering of its neighbor, and that is inactive. 

    They would love for us to cede this dark, dystopian vision that Donald Trump has for America as an inevitability.

    But it is not. And the only way to beat a dictator is with defiance.

    Our colleagues in the House across the aisle, you know, I’m asked all the time if there are opportunities for bipartisanship, to which I respond, “where is the party for bipartisanship?”

    This is just a cult of cowards who have been complicit in wholesale harm. Just a cult of cowards. 

    And the only way to beat a dictator is with defiance. 

    So that’s what brings us here today. We won’t back down, not for a second. 

    And Medicaid, SNAP, Head Start and the VA – these programs aren’t just line items in a budget. 

    They are lifelines. They are lifelines. Policies determine who lives, who dies, who survives, who thrives.  

    So together, we say: 

    Hands off healthcare.

    Hands off our food.

    Hands off our bodies.

    ###

    MIL OSI USA News –

  • MIL-OSI Submissions: Tech – INMA launches new Advertising Initiative aimed at demystifying opaque digital ecosystem

    Source:  International News Media Association (INMA)

    NEW YORK (20 May 2025) – The INMA Board of Directors today approved an Advertising Initiative aimed at equipping media leaders with practical guidance on first-party data activation for advertising, premium ad products, revenue diversification strategies, measurement and attribution, AI, navigating brand safety, and evolved selling approaches.

    Former New York Times advertising executive Gabriel Dorosz will lead the INMA Advertising Initiative. Dorosz is the former executive strategy director, advertising, and head of audience strategy & insights at The New York Times. He previously served in strategy roles at WPP, FCB, Cramer-Krasselt, Blast Radius, CTG/Morpheus Media, and more.

    The Advertising Initiative will use practical research, case studies, and implementation guides to give CEOs and chief revenue officers the tools to build sustainable advertising revenue. Key deliverables for INMA members will include blogs, newsletters, Webinars, master classes, seminars, a Slack channel, reports, and Ask Me Anything sessions with members.

     

    “We want to simplify and demystify what is often opaque or overly complex about the digital advertising ecosystem for media leaders,” said Earl J. Wilkinson, executive director and CEO of INMA. “We want to focus on realistic implementation rather than theory. We want to bridge the gap between the cutting-edge possibility and business realities.”

    In a presentation to the INMA Board of Directors today, Dorosz recommended primary focus areas as:

    First-party data activation for advertising revenue: Building actionable strategies to collect, unify, and monetise first-party data specifically for advertising use cases and revenue growth – for example, segmentation models and clean rooms.

    Advertising format and product innovation: Developing high-performing advertising formats that deliver demonstrable results across channels such as video, audio, print-to-digital bridging, and cross-media packaging.

    Sales and revenue diversification strategies: Creating balanced approaches that maximise direct deals while expanding beyond traditional display formats such as events, branded content, and programmatic.

    Measurement and attribution excellence: Implementing frameworks that prove advertising impact and demonstrate ROI across platforms such as brand lift, incrementality, attention metrics, and cross-platform attribution.

    Secondary focus areas include:

    Talent and organisation design: Building the teams and structures needed to succeed in the evolving advertising landscape with focus on local market needs, talent attraction and development, and breaking silos.

    Brand safety and news environment value: Transforming news content challenges into premium advertising advantages through differentiation of premium news environment and performance case studies.

    AI-powered advertising operations: Deploying AI strategically across the advertising lifecycle – e.g. targeting, optimisation, dynamic pricing, and yield optimisation – to enhance efficiency, effectiveness, and revenue.

    Ad industry insight and strategic partnerships: Understanding buyer perspectives, industry trends, insights and best practices (e.g., social, influencers, video), ad tech ecosystem dynamics, trade associations, and effective vendor relationships.

    Board members emphasised the need to balance revenue models as well as legacy vs. digital models. Dorosz talked about the need to speak to different buyer motivations in different markets, whether quality- or scale-focused. He also discussed balancing direct and programmatic advertising, with programmatic providing efficiency at lower CPMs while direct sales requiring more innovation and resources but offering premium opportunities.

    Board members suggested that the news industry could use an injection of creativity and ideas when it comes to advertising, with data and digital products crucial to success. Native advertising, events, and content commerce are also keys.

    Another emerging theme from INMA Board members is the need to shift the news industry storyline from reach to engagement. For example, direct traffic is much more valuable than social and search. Measurement priorities should shift from performance to brand lift, incrementality, attention, and top-of-the-funnel metrics.

    While legacy platforms such as print, television, and radio continue to deliver significant revenue to media companies, digital advertising and commerce is emerging as the future-proofing route for most. More than 75% of global advertising now goes to digital channels, Dorosz said.

    The Advertising Initiative is INMA’s sixth active initiative focused on news media’s emerging business models: Readers First Initiative led by Greg Piechota; Digital Platform Initiative led by Robert Whitehead; Product & Tech Initiative led by Jodie Hopperton; Newsroom Transformation Initiative led by Amalie Nash; and Generative AI Initiative led by Sonali Verma.

    About International News Media Association (INMA)

    The International News Media Association (INMA) is a global community of market-leading news media companies reinventing how they engage audiences and grow revenue in a multiplatform environment. The INMA community consists of more than 22,000 members at 1,000+ news media companies in 90+ countries, representing tens of thousands of news brands. INMA is the news media industry’s foremost ideas-sharing network with members connected via conferences, reports, Webinars, virtual meetings, awards competitions, and an unparalleled archive of best practices. Its initiatives focus on reader revenue, advertising & commerce, product & tech, generative AI, newsroom transformation, and the publisher relationship with tech platforms.

    MIL OSI – Submitted News –

  • MIL-OSI USA: Foreign National Sentenced for $3.2 Million Medicare Fraud Scheme

    Source: US State of California

    A foreign national was sentenced today to 30 months in prison for his role in a scheme to defraud Medicare of more than $3.2 million through a sham durable medical equipment company.

    According to court documents, Julian Lopez, 55, a citizen of Cuba who resides in Miami-Dade County, Florida, obtained Medicare beneficiary identification cards and sold Medicare beneficiaries’ personal information to a durable medical equipment company, One Medical Services. Lopez knew the Medicare identification cards he obtained would be used to submit fraudulent claims to Medicare. One Medical Services used the information from Lopez to bill Medicare for orthotic braces that were never provided to the Medicare beneficiaries. In connection with the scheme, One Medical Services submitted and caused the submission of over $3.2 million in false and fraudulent claims to Medicare for medically unnecessary DME.

    Lopez pleaded guilty to two counts of health care fraud in February 2025. At sentencing, he was also ordered to pay $1,496,412 in restitution.

    Matthew R. Galeotti, Head of the Justice Department’s Criminal Division; Acting Special Agent in Charge Jesus Barranco at the U.S. Department of Health and Human Services, Office of Inspector General (HHS-OIG) Miami Regional Office; and Acting Special Agent in Charge Brett Skiles of the FBI Miami Field Office made the announcement.

    The FBI and HHS-OIG investigated the case.

    Assistant Chief Emily Gurskis and Trial Attorney Owen Dunn of the Criminal Division’s Fraud Section prosecuted the case.

    The Fraud Section leads the Criminal Division’s efforts to combat health care fraud through the Health Care Fraud Strike Force Program. Since March 2007, this program, currently comprised of nine strike forces operating in 27 federal districts, has charged more than 5,800 defendants who collectively have billed federal health care programs and private insurers more than $30 billion. In addition, the Centers for Medicare & Medicaid Services, working in conjunction with HHS-OIG, are taking steps to hold providers accountable for their involvement in health care fraud schemes. More information can be found at www.justice.gov/criminal-fraud/health-care-fraud-unit.

    MIL OSI USA News –

  • MIL-OSI USA: Three White Supremacists Sentenced to Prison for Racketeering Conspiracy; Two to Serve Life In Prison for Murder

    Source: US State of California

    WASHINGTON — On May 19, a federal judge sentenced three members of the Aryan Brotherhood prison gang who were convicted at trial of a racketeering (RICO) conspiracy that included multiple murders, drug trafficking, fraud, and robbery.

    Francis Clement, 58, was found guilty by a jury in February of RICO conspiracy and five separate counts of murder in aid of racketeering. Each of these murders was committed while Clement was in state prison. Clement was sentenced to life in prison. There is no parole in the federal system.

    The jury also found Kenneth Johnson, 63, guilty of RICO conspiracy and two counts of murder in aid of racketeering. Johnson was also sentenced to life in prison.

    A third defendant, John Stinson, 70, was found guilty of one count of RICO conspiracy. Stinson, who was already serving a lengthy prison sentence in the California state prison system, was sentenced to 20 years in federal prison.

    According to court documents and evidence presented at trial, between 2016 and 2023, Aryan Brotherhood members and associates engaged in racketeering activity, including murder, conspiracy to murder, fraud, robbery, and drug trafficking crimes. Johnson and Clement, who both held leadership roles in the gang, directed crimes committed by Aryan Brotherhood members both inside and outside of prison using cellphones that had been smuggled into prison. Because of his rank in the gang, Clement received a cut from the illegal drug sales and fraud schemes the Aryan Brotherhood committed. According to trial testimony, the Aryan Brotherhood regularly smuggled drugs, including methamphetamine, into prisons throughout the California prison system, which defendants and other gang members then sold to inmates.

    In October 2020, Johnson and Clement together ordered one murder during the execution of which another individual was also killed. Johnson and Clement also ordered another murder of an individual who was subsequently killed. It was further proven at trial that in February 2022, Clement ordered the murder of an individual and the following month, in March 2022, Clement ordered the murder of two more individuals. For each murder, the killings were ordered because defendants believed the victims either violated gang rules or owed the gang money.

    According to court documents and evidence presented at trial, Stinson was a high-ranking leader of the Aryan Brotherhood and had substantial authority over the enterprise, including sponsoring multiple individuals for membership, resolving disputes among members, and approving the murder of current and former members. During the investigation, Stinson used a contraband cellphone within his prison cell to conduct business on behalf of the Aryan Brotherhood. The jury heard some of these communications from Stinson through court-authorized wiretapped conversations. Evidence was presented that Stinson also engaged in drug trafficking, and that, given his position within the gang, he received a cut of illegal drug sales that took place in prison and out on the street.

    “The convicted defendants led a notorious prison gang that committed ruthless murders, widespread methamphetamine trafficking, and perpetuated a culture of mayhem, fear, and disorder within the prison system that bled into the outside world,” said Matthew Galeotti, Head of the Justice Department’s Criminal Division. “Organized crime within the prison system, enabled by the use of contraband cellphones, endangers American neighborhoods by flooding streets with dangerous drugs. The Criminal Division will continue to pursue crime syndicates, like the Aryan Brotherhood and their facilitators, to ensure they go to prison and the harm they inflict on society ends once incarcerated.”

    “Today’s sentences are yet another blow to the leadership of a violent criminal enterprise run from inside California prisons and spanning multiple counties and states,” said Acting U.S. Attorney Michele Beckwith for the Eastern District of California. “The Aryan Brotherhood has maintained its deadly influence over members, associates and others both inside and outside prison. We are committed to doing everything we can to stop these violent inmates from orchestrating their criminal activities from inside prison walls.”

    “These sentences send a clear message: the walls of a prison do not shield violent gang leaders from justice,” said Acting Director Daniel Driscoll of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF). “The Aryan Brotherhood’s leadership operated a brutal criminal enterprise from behind bars — ordering murders, trafficking drugs, and fueling violence in our communities. ATF remains committed to working with our law enforcement partners to dismantle violent gangs wherever they operate and hold their leaders accountable, no matter where they try to hide.”

    The indictment in this case charged 11 defendants with RICO conspiracy and other crimes. There are five defendants awaiting trial and the three defendants have pleaded guilty.

    This case was the product of an extensive investigation by the ATF, with assistance from the Office of Correctional Safety (CDCR), U.S. Marshals Service, Los Angeles County Sheriff’s Department, Pomona Police Department, Torrance Police Department, San Diego Police Department, San Diego Sheriff’s Department, Los Angeles County District Attorney’s Office, and Kern County District Attorney’s Office.

    Assistant U.S. Attorneys Stephanie Stokman and James Conolly for the Eastern District of California are prosecuting the case with the assistance of Trial Attorney Jared Engelking of the Criminal Division’s Violent Crime and Racketeering Section.

    The case was investigated under the Organized Crime Drug Enforcement Task Forces (OCDETF). OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. For more information about Organized Crime Drug Enforcement Task Forces, please visit https://www.justice.gov/ocdetf.

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Government teams with parking giants to ensure drivers can use preferred apps in all car parks

    Source: United Kingdom – Executive Government & Departments

    Press release

    Government teams with parking giants to ensure drivers can use preferred apps in all car parks

    British Parking Association will develop and run the ‘national parking platform’, providing drivers with a more flexible parking experience.

    • huge step forward for simpler parking as industry delivers ‘one app fits all’ parking platform
    • government collaboration paves the way for British Parking Association to spearhead new parking platform – at no cost to the taxpayer
    • backing drivers, this government is investing £4.8 billion to deliver new roads and £1.6 billion to fix potholes, helping to get the country moving through the Plan for Change

    Drivers are set to benefit from simpler parking nationwide, as industry delivers a ‘one app fits all’ parking platform at no cost to the taxpayer, following government-backed trials.

    The government has today (21 May 2025) confirmed that, following successful collaboration with the sector, the British Parking Association will now take forward the development and running of the National Parking Platform (NPP).

    The platform will enable drivers to pay for parking in all participating car parks on their preferred app – ending the scramble to download multiple apps and encouraging a more flexible parking experience. The government intervened to make sure it can be delivered by a consortium of industry leaders, including Ringo, JustPark and PayByPhone and led by the British Parking Association (BPA).

    Currently, drivers face inconsistent parking rules, clunky user experiences and unnecessary barriers to something that should be simple. The National Parking Platform fixes this, connecting participating car parks to a shared platform, through which drivers can pay using any approved app – cutting confusion, reducing the chance of fines and opening up the parking market to fairer competition.

    Minister for the Future of Roads, Lilian Greenwood, said: 

    This government is on the side of drivers and dedicated to giving everyone simpler, more flexible parking. I’m delighted that this fantastic project is being taken on by the parking sector with no extra cost to taxpayers. 

    This is public infrastructure done right: built by government, shaped with councils and now delivered by the sector that knows it best, at a time where we’re investing a record £1.6 billion through our Plan for Change, to mend our pothole-ridden roads that damage cars and £4.8 billion to deliver new road infrastructure that will better connect people.

    The new agreement will see the parking sector working with councils to run the platform on a not-for-profit basis. It will operate under clear terms to ensure transparency, sustainability, and public value. The government will maintain oversight of the platform by monitoring the sector’s compliance with these terms.

    So far, the platform has been rolled out in 10 local authorities and now handles over half a million transactions a month. Today’s announcement means drivers nationwide will benefit from a simpler, more seamless experience. 

    Andrew Pester, BPA Chief Executive, said:

    Today’s announcement marks the result of 6 years of dedicated work by our parking sector to make paying for parking easier. We’ve strongly supported the National Parking Platform from the start, so we’re thrilled with this outcome and excited to collaborate with the Department for Transport and the new NPP company to create a better parking experience for all drivers.

    As part of their next steps, the new consortium will be onboarding more local authorities imminently to ensure that easier, simpler parking is rolled out to more drivers as soon as possible.

    This announcement comes as the government invests £1.6 billion to tackle the scourge of potholes and deliver national renewal through investment in vital infrastructure that will drive growth and put more money in working people’s pockets and deliver the Plan for Change.

    Roads media enquiries

    Media enquiries 0300 7777 878

    Switchboard 0300 330 3000

    Updates to this page

    Published 21 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Grangemouth workers receive ‘training guarantee’

    Source: United Kingdom – Executive Government & Departments

    Press release

    Grangemouth workers receive ‘training guarantee’

    Grangemouth workers receive ‘training guarantee’ to benefit from clean energy jobs.

    • Over 260 workers have received 1:1 skills support from Forth Valley College to support their transition into new, high-skilled jobs, with 184 workers already beginning training   

    • signals swift delivery of the Prime Minister’s commitment to a ‘training guarantee’ to secure a future for workers, as part of the Plan for Change  

    • Energy Secretary and Energy Minister join Scottish Cabinet Secretary for Net Zero and Energy in first Grangemouth Investment Taskforce meeting today to discuss securing private investment and a long-term future for Grangemouth – backed by £200 million from the UK government, and £25 million from the Scottish Government   

    Petroineos refinery workers at Grangemouth are being actively supported through the Prime Minister’s commitment to a ‘training guarantee’ to help secure new well-paid work, as part of the UK and Scottish Governments’ pledge to secure a future for those affected by the closure of the oil refinery.   

    The government took swift action to protect workers after Petroineos confirmed their plans to close the refinery, including announcing up to £10 million to provide new skills support that will help the site’s workers into good clean energy jobs, as well as supporting new energy projects in the region. This also included a commitment from the Prime Minister in February to deliver a “training guarantee”.  

    This guarantee is now being delivered, with 184 out of 300 workers having now engaged in retraining activity with the majority of the remaining workforce registered for training.  

    Workers have been offered a wide range of training opportunities, including renewable energy upskilling courses and wind turbine engineering courses, paid for and supported by the UK and Scottish Governments. This will provide them with the vital skills needed to secure new jobs, including in the clean energy sector – which currently supports more than 42,000 jobs in Scotland.   

    Every Petroineos worker affected by the decision to close the oil refinery has now been provided the opportunity for 1:1 interviews with careers specialists at Forth Valley College.  

    These will help identify their skills, qualifications and training needs to create a programme of bespoke courses that will ensure their smooth transition into new roles – supporting the next generation of good jobs and driving economic growth as part of the government’s Plan for Change.  

    It comes as the Energy Secretary Ed Miliband, Scottish Cabinet Secretary for Net Zero and Energy Gillian Martin and Energy Minister Michael Shanks join the Office for Investment, Scottish Enterprise, National Wealth Fund and Scottish National Investment Bank for the inaugural Grangemouth Investment Taskforce meeting today where they will discuss securing private investment in the future of the site – with 66 enquiries received so far.  

    Minister for Energy Michael Shanks said:  

    The workforce at Grangemouth is highly skilled with significant transferrable experience which our training commitment recognises by providing tailored support for workers into new employment opportunities. 

    As well as continuing to work to secure the site’s long-term industrial future, we want to ensure no worker is left behind and that they are equipped with the skills they need to secure good jobs. This is our Plan for Change in action. 

    Acting Cabinet Secretary for Net Zero and Energy Gillian Martin said:  

    The Scottish Government’s immediate focus has rightly been on supporting workers who have lost their jobs. We committed up to £450,000 to ensure that they are supported and assisted to secure other employment and to contribute their valuable skills to Scotland’s green economy.  

    That is why we are also working to secure Grangemouth’s role in that future and create an investible industrial strategy for the site. It’s clear that real progress is being made on the findings from Project Willow. We are working closely with Scottish Enterprise – who are already assessing nearly 70 inquiries aligned to the full range of technologies set out in the report – and we are determined to ensure we realise the full potential for the site’s transformation. 

    Scottish Secretary Ian Murray said:  

    We know this is a worrying time for workers and their families at Grangemouth. I am pleased more than 260 highly skilled workers have already received support from Forth Valley College thanks to funding from the UK government as part of the £100 million Falkirk and Grangemouth Growth Deal package. 

    By offering bespoke training in renewable energy and wind turbine engineering, we’re not just supporting individual workers but also helping Scotland lead the way in clean energy jobs. We are determined that Grangemouth will have a green energy future and have committed £200 million through the National Wealth Fund toward that. 

    Kenny MacInnes, Principal of Forth Valley College, said:   

    The College continues to work extremely hard to make sure that all the Petroineos employees affected by the refinery closure, are able to access the support they need as they begin their transition into new training, careers and jobs.  

    We are making learning work in our Forth Valley communities and beyond, and we want to assure everyone that we will continue to be there for them as they take the next steps in their careers and their studies. 

    Steven Bell, former Hazardous Areas Technician at Petroineos Grangemouth Refinery, said:   

    The support I received from Forth Valley College with retraining during the redundancy process has been exceptional.  

    From my 1:1 meetings discussing courses that I would be interested in and what my future career path might be, right through to getting booked onto the courses I had selected, nothing was too much trouble.  

    All in all, I can say I am absolutely delighted with what Forth Valley College have provided for me during this process. 

    The training support has helped workers enter new employment. For example, former Hazardous Areas Technician Steven Bell took part in a range of courses that enabled him to renew his Electricians Grade Card, as well as courses in working in hazardous areas which will support him in his new role as a Compliance Supervisor with a company involved in the pharmaceutical and distillery sector.  

    It follows the publication of a feasibility report ‘Project Willow’ that provided nine proposals for Grangemouth, backed by £200 million from the UK government and £25 million from the Scottish Government, which will support jobs, unlock investment and drive growth.  

    The report sets out various options for the site, including plastics recycling, hydrogen production and other projects that could create up to 800 jobs by 2040. This will help to grow the economy and deliver on both governments’ shared ambition to secure a long-term future for Grangemouth – with Scottish Enterprise already receiving a high level of interest from potential investors.  

    The UK government is unlocking Scotland’s clean energy potential and recently awarded £55.7 million to the Port of Cromarty Firth to develop and manufacture new floating offshore wind farms in Scotland. It has also launched a Skills Passport to support oil and gas workers to identify routes into several roles in offshore wind including construction and maintenance.

    Updates to this page

    Published 21 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Homes England and West of England Mayoral Combined Authority announce Strategic Place Partnership

    Source: United Kingdom – Executive Government & Departments

    Press release

    Homes England and West of England Mayoral Combined Authority announce Strategic Place Partnership

    New partnership reinforces the Agency’s commitment to housing and regeneration across the South West

    Eamonn Boylan, CEO of Homes England and Helen Godwin, Mayor of the West of England Mayoral Combined Authority

    Homes England and West of England Mayoral Combined Authority (MCA) have today signed a Strategic Place Partnership (SPP) in support of delivering locally-led housing and regeneration ambitions in the region.

    The partnership, announced today at UKREiiF, a national investment conference, signals a long-term commitment to deliver locally-led goals and unlocks new opportunities for investment and delivery across the Mayoral Combined Authority region. Homes England and the MCA will work on a shared plan to accelerate growth in the West of England while advancing their existing partnership projects, like Bristol Temple Quarter, with a renewed focus.

    Bristol Temple Quarter is one of the UK’s largest regeneration projects, centred around a revitalised Bristol Temple Meads station, a grade I listed building. The ambitious programme aims to deliver 10,000 new homes, 22,000 new jobs, and improved sustainable infrastructure and public spaces across 135 hectares of brownfield land in central Bristol. It’s already an example of a project that thrives through public sector partnerships: jointly led by Bristol City Council, Homes England, the MCA, and chair Lyn Garner, the development is backed by £95 million of government support.

    During the last financial year, Homes England provided £700,000 of funding support to schemes across the MCA and its constituent authorities, with future funding for new projects planned following the announcement of the Strategic Place Partnership.

    Eamonn Boylan, Chief Executive of Homes England, said:

    Our new Strategic Place Partnership with the West of England Mayoral Combined Authority demonstrates our long-term commitment to the region. We’ll work side-by-side with the Mayoral Combined Authority through our strengthened partnership to deliver ambitious housing and regeneration programmes that speak to regional priorities.

    The Agency now has eight Strategic Place Partnerships with various Mayoral Authorities across England, with each partnership clearly focused on the goal of empowering local leaders to drive growth in their own communities, supported by Homes England.

    Helen Godwin, the Mayor of the West of England, said:

    Across the West of England, we must invest to tackle the housing crisis and regenerate brownfield land. This new Strategic Place Partnership will ultimately help us build more affordable homes for local people.

    Working with Homes England and local council leaders to deliver the right homes in the right places, with the services and infrastructure that people need and deserve.

    I am determined to improve our transport links to help get the West of England moving – whether it’s better buses or five new train stations in three years – and connect new homes to jobs and opportunities, culture and leisure, and nature.

    Alongside Bristol Temple Quarter, Homes England and the MCA will accelerate delivery on key projects including the West Innovation Arc, with South Gloucestershire Council. The Arc will be integral to the emerging West of England Local Growth Plan.

    Working alongside Bath & North East Somerset Council, Homes England and the MCA are already supporting the acquisition of strategic land and planning work to unlock up to 6,000 new homes along the Bristol to Bath strategic growth corridor. Following £8 million of initial investment from the MCA, Homes England has committed £36 million into brownfield sites in central Bath to deliver a further 1,000 homes.

    Notes to editors:

    1. The strengthened relationship between Homes England and the Mayoral Combined Authority follows the publication of the government’s English Devolution White Paper in December 2024, which details the plan to empower local leaders and deepen devolution across England.
    2. The white paper highlights Homes England’s work on SPPs and the important part they play in devolution.

    About Homes England

    We are the government’s housing and regeneration Agency, and we’re here to drive the creation of more affordable, quality homes and thriving places so that everyone has a place to live and grow.

    We make this happen by working in partnership with thousands of organisations of all sizes, using our powers, expertise, land, capital and influence to bring investment to communities and get more quality homes built.

    Learn more about us: https://www.gov.uk/government/organisations/homes-england/about

    Press Office Contact Details

    Email: media@homesengland.gov.uk

    Phone: 0207 874 8262

    Updates to this page

    Published 21 May 2025

    MIL OSI United Kingdom –

  • MIL-OSI Security: San Jose Executives Plead Guilty To Employment Tax Crimes

    Source: Office of United States Attorneys

    SAN JOSE — Two California men pleaded guilty yesterday to not paying over employment taxes to the IRS.

    The following is according to court documents and statements made in court: Lalo Valdez and Matthew Olson, both of Northern California, operated a San Jose-based health informatics and product development company that provided clinical care and technology services to clients in healthcare and academia. Valdez was the CEO and Olson the CFO. As such, both were responsible for the company’s operations, managed its internal books and records, signed checks on behalf of the company, and hired and fired employees. Both men also were responsible for withholding Social Security, Medicare, and federal income taxes from employees’ wages and paying those funds over to the government each quarter. The timely payment of quarterly employment taxes is critical to the functioning of the U.S. government, because, for example, they are the primary source of funding for Social Security and Medicare. The federal income taxes that are withheld from employees’ wages also account for a significant portion of all federal income taxes collected each year.

    For every calendar quarter from the first quarter of 2017 through the second quarter of 2021, Valdez and Olson withheld these taxes from employees’ wages but did not pay them over to the IRS or report them on quarterly tax forms. Instead of paying over the taxes, Valdez and Olson used the company’s money to pay for country club memberships and season tickets to the San Jose Sharks of the National Hockey League.

    During this same period, Olson also was one of the owners and operators of a day spa located in Saratoga, Calif.  There, Olson was responsible for collecting and paying Social Security, Medicare, and income taxes to the IRS.  From the second quarter of 2017 through the fourth quarter of 2020, however, Olson collected but did not pay them over to the IRS or report them on quarterly tax forms.

    In total, Olson caused a tax loss to the IRS exceeding $2.1 million.

    Valdez caused a total tax loss to the IRS of nearly $1.5 million.

    Valdez and Olson are scheduled to be sentenced on Oct. 20. Both men face a maximum penalty of five years in prison as well as a period of supervised release, restitution, and monetary penalties. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Acting U.S. Attorney Patrick D. Robbins, Acting Deputy Assistant Attorney General Karen E. Kelly of the Justice Department’s Tax Division, and IRS Criminal Investigation Special Agent in Charge of the Oakland Field Office Linda Nguyen made the announcement.

    IRS Criminal Investigation is investigating the case.

    Assistant U.S. Attorney Kristina Green and Trial Attorney Mahana Weidler of the Tax Division are prosecuting the case.
     

    MIL Security OSI –

  • MIL-OSI Security: Guilty Verdicts for Maryland Members of a PCP and Fentanyl Trafficking Conspiracy Centered in D.C.

    Source: Office of United States Attorneys

               WASHINGTON – Kenneth Watts, 57, of Upper Marlboro, Md., and James Kinard, 47, of Temple Hills, Md., were found guilty by a federal jury today for their roles in a drug trafficking conspiracy that distributed large amounts of cocaine, fentanyl and PCP in the DMV. The conspiracy also used firearms to protect their narcotics and the proceeds from their trafficking operation.

               The verdicts were announced by U.S. Attorney Jeanine Ferris Pirro, FBI Assistant Director in Charge Steven J. Jensen of the Washington Field Office, DEA Special Agent in Charge Ibrar A. Mian of the Drug Enforcement Administration Washington Division, and Chief Pamela Smith of the Metropolitan Police Department.

               The jury found both defendants guilty of conspiracy to distribute and possess with intent to distribute one kilogram or more of PCP. The jury also found defendant Kinard guilty of conspiracy to distribute and possess with intent to distribute 40 grams or more of fentanyl. U.S. District Court Judge Jia M. Cobb scheduled sentencing for August 7, 2025. Watts and Kinard each face a minimum-mandatory sentence of 10 years in federal prison.

               Watts has two prior felony drug convictions. Kinard has a prior 1995 conviction for second-degree murder while armed and a prior 2016 conviction assault with intent to commit robbery while armed and related offenses. Kinard was on supervised release during the investigation in this case.

               Three co-defendants pleaded guilty before the case went to trial on May 7.

               Melvin Grayson, 51, of District Heights, Maryland, pleaded guilty to conspiracy to distribute a detectable amount of cocaine, more than 40 grams or more of fentanyl, and more than one kilogram or more of PCP. Grayson faces a minimum-mandatory sentence of ten years. He  has two prior felony drug convictions from 1993.

               Tyrone Ragland, 56, aka “Tech,” of the District, pleaded guilty to a charge of conspiracy to distribute one kilogram of PCP. Charles Cunningham, 58, of the District, pleaded guilty to unlawful possession of a firearm by a felon. According to their plea agreements, Ragland and Cunningham will be required to serve 15 years in prison. Cunningham has four prior felony drug convictions.

               According to court documents and evidence presented at trial, officers with the Prince George’s County Police Department intercepted a package containing six kilos of PCP at a FedEx facility in Maryland. The officers set up a controlled delivery of the package and stopped defendant Kenneth Watts after he picked it up. In Watts’ cell phone, investigators found text messages linking Watts to the package and to co-defendant Melvin Grayson.

               Through controlled purchases and wiretaps, evidence showed that Grayson distributed PCP, fentanyl, cocaine, and heroin, in the Washington, D.C. metropolitan area. The investigation also showed that defendants Ragland, Cunningham, Kinard and others conspired with Grayson to distribute the narcotics. In search warrants conducted at various residences, agents recovered four firearms, more than 2.5 kilos of PCP, more than 100 grams of fentanyl, and approximately $50,000 in cash. 

               This case is being investigated by the FBI’s Washington Field Office Cross Border Task Force and the DEA Washington Field Office, with assistance from MPD’s Violent Crime Suppression Division and the Prince George’s County Police Department. The Cross Border Task Force is a part of the FBI’S Safe Streets Initiative and targets the most egregious and violent street crews operating in the District of Columbia. Valuable assistance was provided by the U.S. Attorney’s Office for the District of Maryland and the Baltimore/Washington High Intensity Drug Trafficking Area (HIDTA) program.

               This investigation was part of an Organized Crime Drug Enforcement Task Force (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at www.justice.gov/OCDETF.

               The matter is being prosecuted by Assistant U.S. Attorneys Nihar R. Mohanty and Iris Y. McCranie of the U.S. Attorney’s Office for the District of Columbia.

    23cr007

    MIL Security OSI –

  • MIL-OSI Security: Arizona Mechanic Sentenced to Prison, Must Repay $1.37 Million for Defrauding Missouri Customer, Others

    Source: Office of United States Attorneys

    ST. LOUIS – U.S. District Judge Sarah E. Pitlyk on Tuesday sentenced a purported auto mechanic from Arizona to 33 Months in Prison and ordered him to repay $1.37 million to his fraud victims.

    Beginning in November 2019, Andres “Manny” Lopez, 37, defrauded customers of his Arizona company, All Performance Tuning and Diesel Repair LLC, by accepting money for vehicles, vehicle upgrades and parts with no intention of performing the work or turning over the vehicles. He also damaged some customer vehicles and loaned vehicles to others without the owners’ consent.

    A Missouri victim who wanted to buy a vehicle for his mother wired Lopez $45,000 for a Toyota RAV4. Lopez falsely claimed that he’d bought the vehicle, and then provided a series of false excuses about why it was not being delivered. Lopez claimed delivery delays were due to product recalls and even impersonated the general manager of a Florida Toyota dealership in text messages to the client’s mother.

    After Lopez was indicted in October of 2023, he defrauded another victim out of approximately $567,892.

    Lopez used the money for personal expenses.

    In a letter to the court, one victim spoke of Lopez’s pattern: “Promise… then a reason why I cannot meet that promise… then a new promise… then repeat the string (for years).”

    Lopez pleaded guilty in February U.S. District Court in St. Louis to one count of wire fraud.

    “For years, Andres Lopez lied to customers to line his own pockets. The lies and manipulation continued even after he had been charged for the crime and released on bond,” said Special Agent in Charge Chris Crocker of the FBI St. Louis Division. “Today, Lopez earned every day of his prison sentence for victimizing people with his fraudulent business practices.”

    The FBI investigated the case. Assistant U.S. Attorney Derek Wiseman is prosecuting case.

    MIL Security OSI –

  • MIL-OSI Security: Alameda Man Sentenced To Four Years And Nine Months In Federal Prison For Unlawful Firearm And Ammunition Possession

    Source: Office of United States Attorneys

    OAKLAND – Adesola Kehinde was sentenced yesterday to 57 months in federal prison for unlawful possession of a firearm and ammunition as a felon.  U.S. District Judge Araceli Martínez-Olguín handed down the sentence.

    Kehinde, 38, of Alameda, was charged by complaint in January 2024 and by information in May 2024.  On Dec. 16, 2024, Kehinde pleaded guilty to one count of being a felon in possession of a firearm and ammunition in violation of 18 U.S.C. § 922(g)(1).  According to the plea agreement, Kehinde admitted that on Jan. 9, 2024, officers with the Alameda Police Department detained him while he was seated in the driver’s seat of his car, which was parked outside of his apartment building.  At the time, Kehinde was on parole after serving a state prison sentence for human trafficking of a minor, threats with intent to terrorize, and robbery.  Officers searched Kehinde’s car and located a loaded Glock pistol with one round in the chamber and six rounds inside the magazine inserted into the pistol.

    Acting United States Attorney Patrick D. Robbins and FBI Special Agent in Charge Sanjay Virmani made the announcement.  

    In addition to the prison term, Judge Martínez-Olguín also sentenced Kehinde to a three-year period of supervised release and ordered him to forfeit the firearm and ammunition he possessed.

    Assistant U.S. Attorney Jonah Ross is prosecuting the case with the assistance of Amala James.  The prosecution is the result of an investigation by the FBI and the Alameda Police Department. 
     

    MIL Security OSI –

  • MIL-OSI: Purpose Investments Inc. Announces May 2025 Distributions

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, May 20, 2025 (GLOBE NEWSWIRE) — Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of May 2025 for its open-end exchange traded funds and closed-end funds (“the Funds”).

    The ex-distribution date for all Open-End Funds is May 28, 2025. The ex-distribution date for all closed-end funds is May 30, 2025.   

    Open-End Funds Ticker
    Symbol    		 Distribution
    per share/unit    		 Record
    Date    		 Payable
    Date    		 Distribution
    Frequency
    Apple (AAPL) Yield Shares Purpose ETF – ETF Units APLY $0.1667 05/28/2025 06/03/2025 Monthly
    Purpose Canadian Financial Income Fund – ETF Series BNC $0.1225¹ 05/28/2025 06/03/2025 Monthly
    Berkshire Hathaway (BRK) Yield Shares Purpose ETF – ETF Units BRKY $0.1000 05/28/2025 06/03/2025 Monthly
    Purpose Bitcoin Yield ETF – ETF Units BTCY $0.0850 05/28/2025 06/03/2025 Monthly
    Purpose Bitcoin Yield ETF – ETF Non-Currency Hedged Units BTCY.B $0.0970 05/28/2025 06/03/2025 Monthly
    Purpose Bitcoin Yield ETF – ETF USD Units BTCY.U US $0.0815 05/28/2025 06/03/2025 Monthly
    Purpose Credit Opportunities Fund – ETF Units CROP $0.0875 05/28/2025 06/03/2025 Monthly
    Purpose Credit Opportunities Fund – ETF USD Units CROP.U US $0.0975 05/28/2025 06/03/2025 Monthly
    Purpose Ether Yield – ETF Units ETHY $0.0405 05/28/2025 06/03/2025 Monthly
    Purpose Ether Yield ETF – ETF Non-Currency Hedged Units ETHY.B $0.0500 05/28/2025 06/03/2025 Monthly
    Purpose Ether Yield ETF – ETF Units Non-Currency Hedged USD Units ETHY.U US $0.0395 05/28/2025 06/03/2025 Monthly
    Purpose Global Flexible Credit Fund – ETF Units FLX $0.0461 05/28/2025 06/03/2025 Monthly
    Purpose Global Flexible Credit Fund – Non-Currency Hedged – ETF Units FLX.B $0.0551 05/28/2025 06/03/2025 Monthly
    Purpose Global Flexible Credit Fund – Non-Currency Hedged USD – ETF Units FLX.U US $0.0385 05/28/2025 06/03/2025 Monthly
    Purpose Global Bond Class – ETF Units IGB $0.0860¹ 05/28/2025 06/03/2025 Monthly
    Microsoft (MSFT) Yield Shares Purpose ETF – ETF units MSFY $0.1100 05/28/2025 06/03/2025 Monthly
    Purpose Enhanced Premium Yield Fund – ETF Series PAYF $0.1375¹ 05/28/2025 06/03/2025 Monthly
    Purpose Total Return Bond Fund – ETF Series PBD $0.0590¹ 05/28/2025 06/03/2025 Monthly
    Purpose Core Dividend Fund – ETF Series PDF $0.1050¹ 05/28/2025 06/03/2025 Monthly
    Purpose Enhanced Dividend Fund – ETF Series PDIV $0.0950¹ 05/28/2025 06/03/2025 Monthly
    Purpose Real Estate Income Fund – ETF Series PHR $0.0720¹ 05/28/2025 06/03/2025 Monthly
    Purpose International Dividend Fund – ETF Series PID $0.0780 05/28/2025 06/03/2025 Monthly
    Purpose Monthly Income Fund – ETF Series PIN $0.0830¹ 05/28/2025 06/03/2025 Monthly
    Purpose Multi-Asset Income Fund – ETF Units PINC $0.0840 05/28/2025 06/03/2025 Monthly
    Purpose Conservative Income Fund – ETF Series PRP $0.0600¹ 05/28/2025 06/03/2025 Monthly
    Purpose Premium Yield Fund – ETF Series PYF $0.1100¹ 05/28/2025 06/03/2025 Monthly
    Purpose Premium Yield Fund Non-Currency Hedged – ETF Series PYF.B $0.1230¹ 05/28/2025 06/03/2025 Monthly
    Purpose Premium Yield Fund Non-Currency Hedged – ETF USD Series PYF.U US $0.1200¹ 05/28/2025 06/03/2025 Monthly
    Purpose Core Equity Income Fund – ETF Series RDE $0.0875¹ 05/28/2025 06/03/2025 Monthly
    Purpose Emerging Markets Dividend Fund – ETF Units REM $0.0950 05/28/2025 06/03/2025 Monthly
    Purpose Canadian Preferred Share Fund – ETF Units RPS $0.0950 05/28/2025 06/03/2025 Monthly
    Purpose US Preferred Share Fund – ETF Series RPU $0.0940 05/28/2025 06/03/2025 Monthly
    Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units2 RPU.B / RPU.U $0.0940 05/28/2025 06/03/2025 Monthly
    Purpose Strategic Yield Fund – ETF Units SYLD $0.0970 05/28/2025 06/03/2025 Monthly
    AMD (AMD) Yield Shares Purpose ETF – ETF Series YAMD $0.2000 05/28/2025 06/03/2025 Monthly
    Amazon (AMZN) Yield Shares Purpose ETF- ETF Units YAMZ $0.4000 05/28/2025 06/03/2025 Monthly
    Broadcom (AVGO) Yield Shares Purpose ETF – ETF Series YAVG $0.1500 05/28/2025 06/03/2025 Monthly
    Coinbase (COIN) Yield Shares Purpose ETF – ETF Series YCON $0.3000 05/28/2025 06/03/2025 Monthly
    Costco (COST) Yield Shares Purpose ETF – ETF Series YCST $0.1000 05/28/2025 06/03/2025 Monthly
    Alphabet (GOOGL) Yield Shares Purpose ETF – ETF Units YGOG $0.2500 05/28/2025 06/03/2025 Monthly
    Tech Innovators Yield Shares Purpose ETF – ETF Series YMAG $0.2000 05/28/2025 06/03/2025 Monthly
    META (META) Yield Shares Purpose ETF – ETF Series YMET $0.1600 05/28/2025 06/03/2025 Monthly
    Netflix (NFLX) Yield Shares Purpose ETF – ETF Series YNET $0.1100 05/28/2025 06/03/2025 Monthly
    NVIDIA (NVDA) Yield Shares Purpose ETF – ETF Units YNVD $0.7500 05/28/2025 06/03/2025 Monthly
    Palantir (PLTR) Yield Shares Purpose ETF – ETF Series YPLT $0.2500 05/28/2025 06/03/2025 Monthly
    Tesla (TSLA) Yield Shares Purpose ETF – ETF Units YTSL $0.5500 05/28/2025 06/03/2025 Monthly
    UnitedHealth Group (UHN) Yield Shares Purpose ETF – ETF Series YUNH $0.1100 05/28/2025 06/03/2025 Monthly
               
    Closed-End Funds Ticker
    Symbol    		 Distribution
    per share/unit    		 Record
    Date    		 Payable
    Date    		 Distribution
    Frequency
    Big Banc Split Corp, Class A BNK $0.1200¹ 05/30/2025 06/13/2025 Monthly
    Big Banc Split Corp – Preferred Shares BNK.PR.A $0.0700¹ 05/30/2025 06/13/2025 Monthly


    Estimated May 2025 Distributions for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund

    The May 2025 distribution rates for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund are estimated to be as follows:

    Open-End Fund Ticker
    Symbol    		 Final distribution
    per unit    		 Record
    Date    		 Payable
    Date    		 Distribution
    Frequency
    Purpose USD Cash Management Fund – ETF Units MNU.U US $ 0.3528 05/28/2025 06/03/2025 Monthly
    Purpose Cash Management Fund – ETF Units MNY $0.2370 05/28/2025 06/03/2025 Monthly
    Purpose High Interest Savings Fund – ETF Units PSA $0.1068 05/28/2025 06/03/2025 Monthly
    Purpose US Cash Fund – ETF Units PSU.U US $ 0.3495 05/28/2025 06/03/2025 Monthly

    Purpose expects to issue a press release on or about May 27, 2025, which will provide the final distribution rate for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund. The ex-distribution date will be May 28, 2025.

    (1) Dividend is designated as an “eligible” Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
    (2) Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day foreign exchange rate prevailing on the ex-distribution date.


    About Purpose Investments Inc.

    Purpose Investments is an asset management company with more than $21 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company.

    For further information please contact:
    Keera Hart
    Keera.Hart@kaiserpartners.com
    905-580-1257

    Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

    The MIL Network –

  • MIL-OSI New Zealand: Awards – Outstanding exporters to be recognised at ExportNZ ASB Bay of Plenty Export Awards

    Source: EMA

    Judges for the ExportNZ ASB Bay of Plenty Export Awards have announced the finalists who will be honoured at the awards gala on Friday 18 July at Mercury Baypark, Mount Maunganui. The awards, organised by the EMA, celebrate the exceptional achievements of Bay of Plenty businesses who are exporting goods and services to markets around the world.
    The event is proudly supported by principal sponsor ASB, as well as Sharp Tudhope, Air NZ Cargo, Page Macrae, Zespri, and Orbit Travel, and supporting partners NZTE, Comvita and Port of Tauranga.
    Winners announced at Awards Gala on 18  July, at Mercury Baypark, Mount Maunganui
    The success of each finalist will be celebrated at the 1920s-themed awards gala on 18 July, which promises to be a night of elegance, glamour and celebration, honouring the innovation and resilience of the region’s exporters. Gala tickets are available at ExportNZ ASB Bay of Plenty Export Awards 2025 .
    List of finalists – ExportNZ ASB Bay of Plenty Export Awards
    Finalists in the 2025 awards encompass a broad range of innovative businesses, showcasing the breadth and depth of exporting excellence in the Bay of Plenty region. These include heavy engineering and precision machine manufacturers, technology and software solution providers for the agricultural, health and legal sectors, as well as a manufacturer of kids’ cycling accessories. The finalists for the 2025 ExportNZ ASB Bay of Plenty Export Awards are:
    • Bluelab – a manufacturer of precision instruments for measuring pH, electrical conductivity and temperature in controlled agricultural environments.
    • Carepatron – a provider of a secure, cloud-based healthcare solution for practitioners to manage clients, appointments, payments, and records.
    • Kids Ride Shotgun – a designer and manufacturer of mountain bike seats and accessories for young children to enjoy biking with their families.
    • LawVu – a provider of a unified, cloud-based legal workspace, designed for in-house legal teams to efficiently manage matters, contracts, spend, documents, and reporting within a single, secure platform.
    • Medella Health – a developer of innovative wellness devices, including the Flowpresso therapy suit, which combines compression, deep pressure and thermo therapy.
    • Oasis Engineering – a manufacturer of high-pressure control devices for gases, such as hydrogen and compressed natural gas.
    • Plazmax – a designer and manufacturer of advanced computer numerical control (CNC) plasma cutting and robotic welding systems for precision engineering.
    • Rhino Manufacturing – an industry-leading supplier of parts for trucks and trailers; Rhino guards blend powerful performance with striking style.
    • Spida Machinery – a manufacturer of high-quality, precision machinery for the frame, truss, and building-component industries.
    • Trimax Mowing Systems – a designer and manufacturer of tractor-powered roller and flail mowers for commercial use.
    The short-listed exporting companies will be judged over the following categories:
    – Best Emerging Business (in partnership with Air New Zealand Cargo) – recognising businesses in the early stage of their international growth journey.
    – Excellence in Innovation (in partnership with Page Macrae) – recognising success in the commercialisation of innovation in international markets, incorporating intellectual property, strategy, processes and monitoring.
    – Exporter of the Year (in partnership with Sharpe Tudhope) – recognising the success of those businesses that are established in their international growth journey.
    In addition, the Export Achievement Award (in partnership with Zespri) recognises an individual who has made a material contribution to the export success of a business. Finalists for this category are:
    – Sarah Webb, LawVu
    – Karl Stevenson, BlueLab
    Finally, the Services to Export Award (in partnership with Orbit Travel) recognises an individual or business, who may or may not be directly involved with exporting, but has made a significant contribution to exporting success in the Bay of Plenty. Entry for this award is by nomination only, with the winner announced at the awards gala on 18 July.
    Highlighting export innovation in Bay of Plenty
    The awards are organised by the EMA on behalf of ExportNZ. EMA Chief Executive John Fraser-Mackenzie says, “We look forward to honouring these outstanding companies at this year’s awards gala on 18 July, which will harness the spirit of the ‘Roaring Twenties’.
    “The awards celebrate the community of business, providing an opportunity for peer-to-peer networking and knowledge sharing among like-minded, export-oriented companies.”
    Chair of the ExportNZ BoP Executive Committee Warwick Downing says, “These awards shine a well-deserved spotlight on the incredible exporters in the Bay of Plenty who work tirelessly to bring New Zealand products and services to the world.
    “Equally important is the opportunity they provide to bring the exporting community together, to share stories, challenges, and insights that help drive the sector forward.”
    Head of Trade Finance at ASB Bank Mike Atkins says, “We are excited to partner with ExportNZ to celebrate the export champions from the Bay of Plenty region.
    “At ASB, we are passionate about enabling exporters to scale up, be it through working capital funding or other advisory initiatives across productivity, sustainability, clean tech, and food & fibre.”
    Executive Director of ExportNZ Josh Tan says, “These awards are a recognition of the incredible mahi of exporters in the Bay of Plenty who continue to deliver excellence.
    “The awards not only celebrate the individual enterprises, importantly they encourage a collaborative culture that nurtures exporting success across the region.”

    MIL OSI New Zealand News –

  • MIL-OSI Asia-Pac: Fatal traffic accident in Ngau Tau Kok

    Source: Hong Kong Government special administrative region

    Fatal traffic accident in Ngau Tau Kok 
         At 10.53pm, a bus driven by a 38-year-old man was travelling along Ngau Tau Kok Road southbound. When approaching Choi Wan Road Sitting-out Area, it reportedly knocked down an 84-year-old man who was crossing the road.
     
         Sustaining serious head injury, the man was rushed to United Christian Hospital in unconscious state and was certified dead at 11.17pm.
     
         The bus driver was arrested for dangerous driving causing death and is being detained for enquiries.
     
         Investigation by the Special Investigation Team of Traffic, Kowloon East is under way.
     
         Anyone who witnessed the accident or has any information to offer is urged to contact the investigating officers on 3661 0262 or 3661 0277.
     
    Issued at HKT 7:18

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-Evening Report: NZ Budget 2025: science investment must increase as a proportion of GDP for NZ to innovate and compete

    Source: The Conversation (Au and NZ) – By Nicola Gaston, Director of the MacDiarmid Institute for Advanced Materials and Nanotechnology, University of Auckland, Waipapa Taumata Rau

    Shutterstock/Olivier Le Queinec

    A lack of strategy and research funding – by both the current and previous governments – has been well documented, most comprehensively in the first report by the Science System Advisory Group (SSAG), released late last year.

    If there is one word that sums up the current state of New Zealan’s research sector, it is scarcity. As the report summarises:

    We have an underfunded system by any international comparison. This parsimony has led to harmful inter-institutional competition in a manner that is both wastefully expensive in terms of process and scarce researcher time, and is known to inhibit the most intellectually innovative ideas coming forward, and of course it is these that can drive a productive innovation economy.

    The government expects research to contribute to economic growth, but policy and action undermine the sector’s capacity to do so.

    The latest example is last week’s cancellation of the 2026 grant application round of the NZ$55 million Endeavour Fund “as we transition to the science, innovation and technology system of the future”. Interrupting New Zealand’s largest contestable source of science funding limits opportunities for researchers looking for support for new and emerging ideas.

    Changes to the Marsden Fund, set up 30 years ago to support fundamental research, removed all funding for social science and the humanities and shifted focus to applied research. This is despite fundamental research in all fields underpinning innovation and the international ranking of our universities.

    New Zealand has an opportunity to change its economy based on the potential of emerging sectors such as artificial intelligence, cleantech and quantum technologies. Other countries, including Australia and the United Kingdom, already consider quantum technologies a priority and fund them accordingly.

    But when it comes to strategy, the composition of the boards of new Public Research Organisations, set up as part of the government’s science sector reform, are skewed towards business experience. Where there is scientific expertise, it tends to be in established industries. The governance of the proposed new entity to focus on emerging and advanced technologies is yet to be announced.

    Critical mass requires funding and strategy

    Scientists have been calling for a science investment target of 2% of GDP for a long time. It was once – roughly a decade ago – the average expenditure within the OECD; this has since increased to 2.7% of GDP, while New Zealand’s investment remains at 1.5%.

    The SSAG report repeatedly refers to the lack of funding, and it would be the obvious thing to see addressed in this year’s budget. But expectations have already been lowered by the government’s insistence there will be no new money.

    The report’s second high-level theme is the engagement of government with scientific strategy. Government announcements to date seem focused on attracting international investment through changes to tax settings and regulation. I would argue this is a matter of focusing on the wrapping rather than the present: the system itself needs to be attractive to investors.

    Creating a thriving research sector is also a matter of scale. International cooperation is one way for New Zealand to access efficiencies of scale. And work on building international partnerships is one area of positive intent. But we need to look at our connectivity nationally as well, and use investment to build this further.

    Countries with greater GDPs than New Zealand’s invest much more in research as a proportion of GDP. It means the size of these other countries’ scientific ecosystems – if measured by total expenditure – is three to four times New Zealand’s on a per capita basis.

    A matter of scale

    Per-capita scale matters because it tells us how easy it is for researchers to find someone else with the right skillset or necessary equipment. It tells us how likely it is for a student to find an expert in New Zealand to teach them, rather than needing to go overseas.

    And it tells us how quickly start-up companies in emerging technologies will be able to find the skilled employees they need. A thriving university system that attracts young people to develop the research skills needed by advanced technology companies is a key part of this challenge.

    The government’s science sector reform aims to increase its contribution to economic growth. But research contributes to economic growth when scientists can really “lean in” with confidence to commercialising and translating their science.

    That can’t happen if budgets don’t fund the critical mass, connectivity and resources to stimulate the transition to a thriving science system.

    Nicola Gaston receives funding from the Tertiary Education Commission as the Director of the MacDiarmid Institute for Advanced Materials and Nanotechnology. She also receives funding from the Marsden Fund. All research funding goes to the University of Auckland to pay the costs of the research she is employed to do.

    – ref. NZ Budget 2025: science investment must increase as a proportion of GDP for NZ to innovate and compete – https://theconversation.com/nz-budget-2025-science-investment-must-increase-as-a-proportion-of-gdp-for-nz-to-innovate-and-compete-255591

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: Governor Polis Signs Bills into Law Expanding Freedoms for Colorado Food Trucks and Protecting Colorado’s Environment and Air Quality, Takes Action on Bills

    Source: US State of Colorado

    DENVER – Today, Governor Polis signed bills into law expanding mobility and operations across Colorado for food truck owners and operators, investing in environmental opportunities for youth, and protecting Colorado’s clean air by increasing building decarbonization standards. 

    Governor Polis signed HB25-1295 – Food Truck Operations, sponsored by Representatives Manny Rutinel and Mandy Lindsay, and Senators Dylan Roberts and John Carson. 

    “I’m excited that we are making it easier for food trucks to serve up delicious food in different cities and towns across the state. By getting rid of unnecessary regulations, Colorado’s talented chefs can bring more delicious food to your community,” said Governor Polis. 

    Governor Polis also signed the following bills into law increasing environmental literacy for Colorado’s youth, and improving Colorado’s air quality: 

    • SB25-055 – Youth Involvement In Environmental Justice, sponsored by Senators Faith Winter and Janice Marchman, and Representatives Junie Joseph and Jennifer Bacon
    • HB25-1269 – Building Decarbonization Measures, sponsored by Representatives Jenny Willford and Alex Valdez, and Senators Matt Ball and Cathy Kipp 

    “We all have a role to play in protecting this state we love for future generations and these bills help more young people get involved in improving our environment and reduce emissions from buildings in our state to improve Colorado’s air quality. I appreciate the sponsors for their work on these bills to support Colorado’s future,” said Governor Jared Polis. 

    The Governor also signed the following bills administratively: 

    • SB25-155 – Legislation Inside Advisory Council, sponsored by Senators Gonzales and Ball, and Representative Clifford
    • SB25-176 – Sunset Commodity Handler & Farm Products Act, sponsored by Senators R. Pelton and Snyder, and Representatives Martinez and Winter
    • SB25-226 – Extending Spinal & Related Medicine Program, sponsored by Senators Amabile and Kirkmeyer, and Representatives Bird and Taggart
    • SB25-229 – Reimbursement for Community Health Workers, sponsored by Senators Kirkmeyer and Bridges, and Representatives Bird and Taggart
    • HB25-1113 – Limit Turf in New Residential Development, sponsored by Representatives Smith and McCormick, and Senator Roberts
    • HB25-1175 – Smart Meter Opt-In Program, sponsored by Representatives Lieder and Joseph, and Senator Rodriguez 

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Protect Children’s Innocence Act

    Source: United States House of Representatives – Congresswoman Marjorie Taylor Greene (GA, 14)

    Congresswoman Marjorie Taylor Greene has reintroduced her landmark legislation, the Protect Children’s Innocence Act, a bold step to end the barbaric practice of so-called “gender-affirming care” for minors. This legislation, now designated as H.R. 3492, criminalizes genital mutilation, chemical castration, and all sex-change procedures performed on children.

    The Protect Children’s Innocence Act strengthens and codifies President Donald J. Trump’s executive order banning gender transition procedures for minors. Together, this legislation and the President’s action send a clear message: the federal government will no longer tolerate the abuse and exploitation of children by the radical gender ideology of the Left.

    “Left-wing activists and medical institutions are targeting America’s children with dangerous drugs, disfiguring surgeries, and permanent sterilization,” said Congresswoman Greene. “My bill stops the mutilation of kids and holds those responsible for performing or facilitating these barbaric procedures accountable.”

    The bill is scheduled to be marked up in the House Judiciary Committee at 10 AM tomorrow, a critical step toward bringing it to the House floor for a vote.

    When Congresswoman Greene first introduced this bill in 2022, she was joined by Chloe Cole, a courageous young woman who began “gender-affirming care” at age 13 and underwent a double mastectomy at 15. Chloe detransitioned at 16 and is now a vocal advocate for protecting vulnerable youth from irreversible harm. Watch Chloe’s powerful testimony here.

    What the Protect Children’s Innocence Act Does:

    • Criminalizes any attempt to perform or facilitate genital or bodily mutilation or chemical castration on a minor, with up to 10 years in federal prison and/or a significant fine.
    • Bans all puberty blockers and cross-sex hormone treatments for children.
    • Provides no exemption for mental health disorders as justification for these procedures.
    • Defines “chemical castration” and “genital or bodily mutilation” with detailed legal clarity.
    • Exempts children born with certain rare genetic conditions, or who are experiencing medical emergencies as certified by a physician.

    Cosponsors in the 119th Congress include: Crane, Finstad, Luna, Bice, Mary Miller, Crenshaw, McGuire, Kustoff, Biggs, Burlison, Tenney, Higgins, Brecheen, Nehls, Weber, Harris, Grothman, Hern, Collins, Ogles, Babin, Clyde, De La Cruz, Hageman, Owens, Palmer, Timmons, Norman, Max Miller, Steube, Jackson, Riley Moore, Comer, Gill, Baird, McDowell, Harshbarger, and Gooden.

    Supporting organizations include the American Principles Project, Citizens for Renewing America, CPAC, Gays Against Groomers, Independent Women, and Moms for Liberty.

    Read the full bill text here.

    Watch Chloe Cole’s testimony here.

    MIL OSI USA News –

  • MIL-OSI USA: Rep. Young Kim Bill to Support Small Business Passes Out of Committee

    Source: United States House of Representatives – Representative Young Kim (CA-39)

    Washington, DC – Today, the House Financial Services Committee passed the Improving Access to Small Business Information Act (H.R. 3351), a bipartisan bill led by Reps. Young Kim (CA-40) and Josh Gottheimer (NJ-05) to cut burdensome regulations hurting small business owners.  

    The Improving Access to Small Business Information Act would 

     amend the Securities Exchange Act of 1934 to specify that actions—like conducting field surveys—of the Advocate for Small Business Capital Formation are not a collection of information under the Paper Reduction Act (PRA).   

    Rep. Kim spoke in Committee in support of the bill. Read her remarks below or watch HERE.  

    Thank you, Chairman Hill and Ranking Member Waters, for holding this important markup.   

    I also want to thank my colleague and friend, Representative Gottheimer from New Jersey, for co-leading H.R. 3351 – the Improving Access to Small Business Information Act – with me.    

    My bill is simple. The legislation would specify that activities, like conducting field surveys, carried out by the Advocate for Small Business Capital Formation, are not a collection of information under the Paper Reduction Act (PRA). Currently, OMB’s approval process is prolonged and bureaucratic, which delays feedback collection from small businesses and their investors.    

    I am proud to represent Orange County which is home to over 100,000 small businesses. It takes grit, perseverance, and commitment to start with an idea and make it a reality. As a former small business owner myself, I remember often wondering if the government truly understood the way that its policies impacted small businesses.  

    Former Director of the Office of the Advocate, Martha Miller, said that “the Office went through a yearlong process just to collect registration information for our annual forum and ask a few basic questions to understand the audience attending”. Our regulations are restricting the government from understanding the needs of small businesses.   

    The SEC’s Office of the Advocate for Small Business Capital Formation is the primary office charged with advancing the interests of small businesses and their investors. With the ever-changing economic and regulatory environment, the Office must be able to adapt quickly to the needs of small businesses and gather timely feedback to improve policy. H.R. 3351 reduces red tape and streamlines access to tools that the Office can utilize to gather more effective and timely data. The better information that the Office can gather, the better the SEC can respond, and the better off our small businesses will be.   

    I urge my colleagues from both sides of the aisle to support H.R. 3351. With that, I yield the balance of my time.    

    MIL OSI USA News –

  • MIL-OSI United Kingdom: expert reaction to study of the cold sore virus herpes simplex 1 and risk of Alzheimer’s

    Source: United Kingdom – Executive Government & Departments

    A study published in BMJ Open looks at the association between herpes simplex virus type 1 and the risk of Alzheimer’s disease. 

    Dr Sheona Scales, Director of Research at Alzheimer’s Research UK:

    “There’s an increasing amount of evidence that suggests our body’s response to certain viruses could put us at an increased risk of developing Alzheimer’s disease in later life. 

    “These recent findings from a large study using US health records propose that infection with HSV-1 – a common virus that causes cold sores – may be associated with an increased risk of Alzheimer’s disease. The researchers also state that taking medicines to treat HSV-1 infections could reduce the risk, but this is still very early work and needs more investigation.  

    “Despite the large sample size, this research has limitations partly due to only using health records and administrative claims data. Most people infected with HSV-1 don’t have any symptoms so some infections might not have been recorded. Infections predating the information recorded are also not available. Although cases were matched with controls, diagnosing Alzheimer’s disease, especially in the early stages, remains a challenge.    

    “The study authors found that some people receiving medicines to treat HSV-1 infections had a lower risk of Alzheimer’s disease, however a lot more work is needed to unpick this.  

    “We know there are 14 established risk factors for dementia, and there’s not enough evidence to include infections in this list.  This study doesn’t tell us if infections are causing the risk, it only shows an association. Further research is needed to understand what the underlying biology around this is.”

     

    Prof Cornelia van Duijn, Professor of Epidemiology at the Nuffield Department of Population Health, University of Oxford, said:

    “Again a carefully conducted study adding to the growing evidence that various common viruses may determine the risk of Alzheimer’s disease, in particular in the elderly (70+ years).

    “Matching Alzheimer’s patients carefully with controls in the IQVIA PharMetrics Plus claims database, the study further shows that treating those with an active herpes simplex 1 (HSV-1) infection with antiherpetic medication reduces the risk and postpones the onset of Alzheimer’s disease.

    “Smaller but significant effects are also seen for HSV-2 and varicella zoster virus (VZV). With many GPs and the population being unaware of the dementia related benefits of treating HSV infections and preventing VZV activation through vaccination, it is time to call for actions informing those working in primary care as well as the population at large.”

     

    Dr David Vickers, Cumming School of Medicine, University of Calgary, Canada, said:

    “Declining HSV-1 rates in the U.S. since the late-70’s challenge the authors’ claim that Alzheimer’s disease (AD) will surge without intervention. This pharma-funded research exaggerates the role of HSV-1, failing to appreciate its absence in 99.56% of AD cases. The observed 17% hazard reduction with antiherpetic drugs translates to a mere nine-month delay in AD onset, offering no meaningful relief to the US$305 billion costs for treatment.

    “The study’s data source makes its findings ungeneralisable, and it overstates a minor infection as a ‘public health priority’ to justify unnecessary treatment.”

     

    Prof Tara Spires-Jones, Director of the Centre for Discovery Brain Sciences at the University of Edinburgh, said:

    “This study reports that diagnosis of herpes simplex virus type 1 (HSV-1) infection is associated with increased risk of diagnosis of Alzheimer’s disease-related dementia. Scientists examined data from almost 700,000 people in a medical insurance claims database and found that in addition to an increased proportion of people with Alzheimer’s disease having a diagnosis of HSV-1, people with HSV-1 who were treated for the viral infection with “antiherpetic” medication were less likely to develop Alzheimer’s than those who did not have treatment. 

    “This is a well-conducted study adding to strong data in the field linking HSV-1 and other viral infections to increased risk of developing Alzheimer’s disease, but it is important to note that HSV-1 infection, which is extremely common in the population, is by no means a guarantee that someone will develop Alzheimer’s. 

    “Why viral infections may increase risk of dementia is not fully understood, but the most likely explanation is that infections increase inflammation in the body and contribute to age-related brain inflammation.  More research is needed to understand the best way to protect our brains from Alzheimer’s disease as we age, including a better understanding of links between viral infection and Alzheimer’s risk.”

    Dr Richard Oakley, Director of Research and Innovation at Alzheimer’s Society, said:

    “This study adds to the growing interest in a possible link between the virus that causes cold sores and Alzheimer’s disease. Results from this observational study suggested that people with recorded cold sore infections were more likely to develop Alzheimer’s disease, and interestingly those prescribed antiviral drugs had a slightly lower risk. 

    “But this doesn’t prove that cold sores cause Alzheimer’s disease, or that antivirals prevent it. The data came from insurance records, often based on self-reported symptoms which may miss or misclassify infections, and didn’t track how often people had cold sores or how consistently they took medication. 

    “Much more research is needed to explore exactly how viruses might be involved and before we can draw firm conclusions. It is critical we explore every avenue to understand the complex causes of the diseases which cause dementia – infections are a growing area of interest.  

    “If you are worried about a cold sore or your general health, be sure to seek the appropriate help from a health professional.” 

     

    From the Spanish SMC:

    Prof Alberto Ascherio, Professor of Epidemiology and Nutrition at the Harvard T.H. Chan School of Public Health (United States) and Professor of Medicine at Harvard Medical School, said:

    “This is a high-quality study that stands out mainly for its sample size. The results confirm previous findings that people with a history of cold sores have a higher risk of developing Alzheimer’s disease and that this risk appears to be reduced in people who receive antiviral treatment.

    “This is an observational study based on electronic data of varying quality, so the conclusions cannot be considered definitive. For example, the vast majority of cold sore episodes are not reported in medical records, so the study’s conclusions apply to a highly selected subgroup of individuals with clinical episodes of cold sores, perhaps due to clinical severity or the presence of other factors. For this reason, it would be premature for people with cold sores to worry about having an increased risk of Alzheimer’s disease. However, there is growing evidence that viral infections may affect the risk of Alzheimer’s disease, and it is important to initiate more definitive research.”

     

    From the Australian SMC:

    Prof Ashley Bush, Clinical Lead Mental Health Mission at The Florey, Australia, said:

    “This is an important, large, case-control epidemiology study that shows that people suffering with Alzheimer’s disease or with other Alzheimer-like dementia (e.g. fronto-temporal dementia) are substantially (about 80%) more likely to have been infected with the viruses that cause cold sores, genital herpes, chicken pox or shingles. Further, people who were taking antivirals for cold sores were 17% less likely to develop Alzheimer’s disease over a 15 year period.

    “These findings come in the wake of another recent report1 that showed that shingles vaccination decreased the probability of a new dementia diagnosis during the follow-up period of 7 years by 2%. Some scientists like Prof Ruth Itzhaki in Manchester and the late Rob Moir at Harvard have proposed that dementias like Alzheimer’s are provoked by viral infection. Herpes virus lives dormant in nerve cells, and it is thought that the pathology of the dementia is brought about by a defence to these infection gone wrong.

    “It is unlikely that viral infection can explain all causes of dementia, but these recent papers implicate the infections are playing a role in accelerating these diseases. It certainly encourages more research in this direction and as to whether lifelong antivirals should be considered as preventive therapy for people who have had one of these infections.”

    1 (Pomirchy M, Bommer C, Pradella F, Michalik F, Peters R, Geldsetzer P. Herpes Zoster Vaccination and Dementia Occurrence. JAMA. 2025 Apr 23; Epub 2025 Apr 23)

     

    Prof Brenda Gannon, Professor of the Health Economics of Ageing at the University of Queensland, said:

    “This research provides further evidence for the link between the common cold sores from HSV1 and Alzheimer’s Disease. The study now proposes that people with HSV who are treated with anti-viral medicine are less likely to develop AD. Using large scale administrative data from the US, the findings are suggestive of a protective effect of anti-viral treatment. This could be beneficial for Australians who suffer from the common cold sores and who would benefit from anti-viral treatment for their cold sores. It does not mean it could reduce the probability of AD.

    “Further research would be required to ensure the study is more widely representative, since the authors note that not all populations are included in the data, e.g. those over 65 who receive free health care (Medicare). The study does not provide detail on who may benefit, for example does it help disadvantaged groups more, and who does it work together with other non-pharmacological treatments for lifestyle improvement.

    “Overall, the study indicates some potential, but much more research would be required to determine if the anti-viral therapies for people with cold cores, is in fact going to reduce their probability of getting Alzheimer’s disease.

    “As the authors state, it does not indicate cause and effect, but they do find it a potential avenue to explore further.

    “The study did not include public involvement – but inclusion of the public, even on an advisory capacity would be useful, to help design the research questions and relevant factors included in the study.

    “From a health economics perspective, it is unlikely that anti-viral therapy would be funded for the Australian population, until further evidence on effectiveness in prevention and then cost-effectiveness overall, including additional use of health care resources, is provided. More details on the health and socio-economics status of individuals are also warranted, to help determine who may benefit from the therapy.”

     

     

    ‘Association between herpes simplex virus type 1 and the risk of Alzheimer’s disease: a retrospective case control study’ by Yunhao Liu et al. was published in BMJ Open at 23.30 on Tuesday 20 May.

     

    DOI: 10.1136/bmjopen-2024-093946

     

     

    Declared interests

    Cornelia van Duijn: “I receive funding from GSK (related to VZV vaccination) and NovoNordisk (unrelated to virus treatment/prevention), and have received funding from JNJ/Jansen Pharmaceutics (unrelated to virus treatment/prevention).”

    David Vickers: “I have no interests or conflicts, financial or otherwise, to declare.”

    Tara Spires-Jones: “I have no conflicts with this study but have received payments for consulting, scientific talks, or collaborative research over the past 10 years from AbbVie, Sanofi, Merck, Scottish Brain Sciences, Jay Therapeutics, Cognition Therapeutics, Ono, and Eisai. I am also Charity trustee for the British Neuroscience Association and the Guarantors of Brain and serve as scientific advisor to several charities and non-profit institutions.”

    Ashley Bush: “I have no relevant conflicts.”

    Brenda Gannon: “No COI”

    For all other experts, no reply to our request for DOIs was received.

     

    MIL OSI United Kingdom –

  • MIL-OSI New Zealand: Nature’s getting a helping hand in Howick — and it’s starting to show

    Source: Secondary teachers question rationale for changes to relationship education guidelines

    Howick’s green spaces are growing stronger thanks to ecological efforts funded by the Howick Local Board — and the community is part of the story.

    Across parks and reserves, an ecological restoration programme is quietly transforming the landscape in Howick.

    Weeds are being removed, native plants are going in, and habitats are coming back to life. It’s all part of a wider effort happening right now to restore local nature, support wildlife, and protect our environment.

    This work shows a real commitment to helping Howick’s green spaces thrive—not just now, but for the long run.

    Board chair Damian Light says, “Our environment / Tō Tātou Taiao, is a key part of our local board plan. We are committed to protecting and nurturing our natural surroundings, ensuring that we leave a healthy, well-cared-for world for future generations. We can’t do this alone and we’re committed to empowering the community to take environmental action with practical support.”

    Chisbury Terrace, Shelley Park.

    The restoration programme spans 28 local sites, covering a total of 133 hectares. This includes well-loved places like Macleans Park, Point View Reserve, Whitford Road Esplanade, Te Naupata / Musick Point Park, and Mangemangeroa Reserve—just to name a few.

    Whether it’s getting involved in planting days, joining a weeding bee, learning about native species, or simply enjoying the spaces and treating them with care, small actions add up.

    Senior Ecological Specialist Jillana Robertson adds, “We’re in a constant battle against invasive species. Without pest control contracts, our parks would be overrun by weeds like moth plant and climbing asparagus, while rats and possums would devastate native wildlife. These green spaces play a vital role in erosion control, stormwater filtering, and carbon storage—but Council’s budget can’t cover it all year round. Volunteers are essential and work alongside contractors to protect these ecosystems.”

    Murphy’s Bush Reserve.

    As progress continues, the changes—and the benefits—will become easier to see. The goal is cleaner waterways, healthier ecosystems, and greener spaces for everyone to enjoy.

    King Fern or Para at Pt View Reserve (at risk species).

    Light shares, “Howick is a busy, growing part of Auckland — full of homes, shops, roads, and people. But with all that growth, we’ve lost a lot of our natural spaces. Only a small amount of native bush remains, mostly in places like Point View Reserve, Murphy’s Bush, and Mangemangeroa Reserve. These special spots are now more important than ever.”

    Support is going into restoring nature across the area – through planting, pest control, and stream clean-ups – to protect wildlife, care for the land, and create clean, green spaces for everyone to enjoy.

    Stay connected

    Sign up to receive our Howick Local Board monthly e-newsletters.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Serious crash, State Highway 1, Timaru

    Source: New Zealand Police

    Emergency services are at the scene of a serious crash that has blocked Evans Street, State Highway 1, in Timaru this morning.

    Police were notified of the single-vehicle crash, between Pringle and Belfield streets, about 9.50am.

    The Serious Crash Unit is attending, and the road is expected to be closed for several hours while a scene examination is carried out.

    Diversions are in place and motorists should expect delays.

    ENDS

    Issued by the Police Media Centre

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Budget 2025 – Businesses Watching Closely as Budget 2025 Nears

    Source: Business Canterbury

    With Budget 2025 being released tomorrow, businesses across Canterbury will be watching closely to see what’s on the table. With clear signals from the Government that this year’s budget has been signalled as a tight one, the focus for business will be on how the initiatives, continued or added, can support economic growth and create the right conditions for them to invest and grow.

    Business Canterbury will be releasing a response to Budget 2025 by 3:00pm tomorrow, and Leeann Watson will be available for comment following.

    On pre-Budget expectations, Business Canterbury Chief Executive Leeann Watson says, “The key area businesses will be looking at is continued investment in infrastructure, careful spending to continue the downward trend in inflation and interest rates, and initiatives that enable and help boost investment in R&D and growth.

    “Two key areas are top of mind for our business community, and this starts with the Government having a long-term plan that focuses on infrastructure investment. New Zealand’s infrastructure deficit continues to grow, and here in the South Island, strong connections to ports, airports, and across the supply chain are essential for the connectivity of our exports, imports and people.

    “Investment in critical transport links, including the Interislander replacements and roading projects, needs to remain a priority, even in a fiscally constrained environment. When the economy turns a corner, we need the infrastructure in place to support it.

    “Our latest Quarterly Canterbury Business Survey results showed increasing confidence, but this optimism hasn’t yet translated into investment. The right policy settings could shift that.

    “Targeted business support that enables innovation and investment, especially among SMEs, will be hugely important as we look ahead at a better economy, but with intentions around investment and creating jobs remaining subdued. Practical and efficient support for research and development, such as accelerated depreciation for R&D activities, for example, would give businesses the confidence to invest now in future growth.

    About Business Canterbury

    Business Canterbury, formerly Canterbury Employers’ Chamber of Commerce, is the largest business support agency in the South Island and advocates on behalf of its members for an environment more favourable to innovation, productivity and sustainable growth.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Surveys – Show me the money: half of all workers cannot resist the lure of a higher salary

    Source: Robert Half

    • 61% of New Zealand workers would be compelled to change jobs for a higher salary 
    • 20% is the most common pay rise that would compel workers to leave  
    • Only 40% of workers say their current salary is an accurate reflection of their expertise, experience and/or level of responsibility 
    • Only 16% of workers believe pay is more important than job security in the current labour market.
    Auckland, 21 May 2025 – Money talks for the majority of Kiwi employees with 61% of workers who say they would feel compelled to change jobs if they came across another position with a higher salary, new independent research by specialised recruiter Robert Half finds.

    Meanwhile, 39% of workers say they would not be lured away from their current position by another job with a higher salary: About a quarter (24%) of workers admit they would change jobs without an increase in salary if it was the right opportunity, and 15% are content in their current role and would not move regardless of the salary offered.

    How much more money do office workers want?

    When asked what percentage salary increase would compel them to change jobs right now, 20% was the most common pay rise cited by workers.

     

    The % increase that would compel workers to change jobs 

    % of workers who would be compelled at this increase 

    5% 

    2% 

    10% 

    9% 

    15% 

    9% 

    20% 

    13% 

    25% 

    9% 

    30% 

    8% 

    35% 

    5% 

    40% or above 

    7% 

    Independent survey commissioned by Robert Half among 500 full-time office workers in New Zealand.

    “Money continues to be a powerful influence,” says Ronil Singh, Director at Robert Half. “But even when pay is a primary concern, many employees are weighing financial desires against the need for job security, especially as organisations focus on efficiency and streamlining operations. The balancing act between meeting immediate financial needs and building a sustainable career can be challenging in an uncertain job market.”

    Workers don’t feel they are paid what they are worth

    When workers were asked if they felt their current salary reflected their expertise, experience and level of responsibility, less than half (40%) agreed that they were paid appropriately.

    The remaining 60% of workers state an increased salary would better reflect what they bring to their role and the work required of them. Most workers (30%) believe their salary needs to increase by 10%-20% to be an accurate reflection of their expertise, experience and/or level of responsibility.

     

    The % salary increase required to accurately reflect the worker’s ability and position 

    % of workers 

    5% 

    2% 

    10% 

    10% 

    15% 

    9% 

    20% 

    11% 

    25% 

    9% 

    30% or above 

    19% 
    Independent survey commissioned by Robert Half among 500 full-time office workers in New Zealand.

    “The research shows that many workers feel their pay doesn’t reflect their worth, revealing a disconnect between what employees expect and what they currently earn,” Singh says. “This sentiment can be due to stagnant wages despite increased responsibilities or a perception, whether accurate or not, that their compensation lags behind industry standards for similar roles.”

    “To counter these sentiments, employers must offer competitive salaries that reflect the value employees bring and transparently communicate the specifics of their compensation packages to each individual. Leveraging tools such as the Robert Half’s 2025 Salary Guide will ensure employees are paid at the prevailing market rate for their roles, which can mitigate dissatisfaction and resignations.”

    Job security is still important for workers

    When asked whether job security is more important than salary, less than one in five (16%) workers are prepared to prioritise money ahead of having a secure job. Most workers (47%) state that both are equally important, while a similar proportion (37%) prioritise job security over their salary.

    “While salary remains a key consideration, job security is also a number one priority for many workers, especially in the current economic climate. Companies that can offer both competitive compensation and a stable work environment will be best positioned to secure and retain their workforce,” concludes Singh.

    Notes

    About the research

    The study is developed by Robert Half and was conducted online in November 2024 by an independent research company among 500 full-time office workers in finance, accounting, and IT and technology. Respondents are drawn from a sample of SMEs as well as large private, publicly-listed and public sector organisations across New Zealand. This survey is part of the international workplace survey, a questionnaire about job trends, talent management, and trends in the workplace.

    About Robert Half

    Robert Half is the global, specialised talent solutions provider that helps employers find their next great hire and jobseekers uncover their next opportunity. Robert Half offers both contract and permanent placement services, and is the parent company of Protiviti, a global consulting firm.  Robert Half New Zealand has an office in Auckland. More information on roberthalf.com/nz.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Check it before you chuck it – privacy and health rubbish

    Source:

    Reviewed and updated May 2025

    A member of the public contacted us because they’d noticed some rubbish strewn along a street. It included prescription labels with a person’s name and address. The nature of the prescription clearly indicated the condition of the patient who was being treated with the medication.

    The person who discovered the prescription labels informed our Office and we contacted the agency most likely responsible and discussed the situation with them.
    The health agency’s rubbish was supposed to have been double-bagged, which would usually prevent spillages. However, the agency also had access to a secure shredding service and is now looking at using that service to dispose of prescription labels on cardboard packaging. 

    Each agency is responsible for working out a practical solution that works for their circumstances.
     
    An individual agency needs to work out for themselves how it’s best to dispose of this kind of waste. A useful check is to ask what steps you would expect to be taken if the personal information belonged to you.

    At home, you might want to rip labels off cardboard packaging and recycle the cardboard while disposing of the prescription label in some other way.

    More information on handling health information:

    , , , health rubbish,

    Back

    MIL OSI New Zealand News –

  • MIL-OSI USA: Cortez Masto Grills Trump’s Nominee for IRS Commissioner about his Involvement in a Fraudulent Tax Scheme

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto

    Washington, D.C. – Today, U.S. Senator Catherine Cortez Masto (D-Nev.) grilled Billy Long, President Trump’s nominee to lead the Internal Revenue Service (IRS), about his involvement in a tax fraud scheme in which he encouraged people to claim a fake Tribal tax credit. Long repeatedly failed to provide her with clear answers.
    Long has close ties to Capital Edge and the White River Energy Corporation, which promoted Tribal tax credits that the IRS later confirmed do not exist. Long reported earning $65,000 for his work related to the scheme. Cortez Masto has repeatedly sounded the alarm about Long’s alleged participation in tax fraud. Last month, she called for a criminal investigation into this scheme, and last week, she demanded answers from the White River Energy Corporation. Long suddenly received thousands of dollars campaign donations from individuals employed by these companies shortly after he was nominated to serve as IRS Commissioner, which he used to pay off a personal loan to his campaign.
    Cortez Masto pressed Long on his admission that he was involved in the scam, saying “In response to the question ‘How many Tribal tax credit referrals did you work on for Capital Edge and White River?’ […] you responded, ‘Less than ten close friends and acquaintances to Capital Edge.’ So, you did refer Tribal tax credits to individuals, correct?”
    “I referred them to Capital Edge Strategies, yes,” Long replied.
    “Knowing that they are illegal, and the IRS has said they are illegal, how do you stand here before this committee and tell the Chairman just a few minutes ago that you have no conflict of interest?” Cortez Masto asked.
    Mr. Long did not provide a clear answer.
    “We have asked the IRS to investigate these Tribal tax credits and the scam, and the companies that were involved, and some of the companies allegedly that were involved were [White River Energy Corporation], a company that you received compensation from,” Cortez Masto said. “How can you sit here today and say there’s no conflict knowing now that there is an investigation underway with the IRS and we’re asking them to look at this scam and it may involve a company that you are affiliated with?”
    As the former top law enforcement official in Nevada, Senator Cortez Masto has been a leading voice fight fraud throughout her career. She sounded the alarm on increasing check fraud scams, which cost consumers millions of dollars each year. She introduced legislation to protect and support whistleblowers reporting wrongdoing to the Consumer Financial Protection Bureau, and her bipartisan legislation to deter disruptive and potentially harmful phone calls and texts was signed into law in 2020.

    MIL OSI USA News –

  • MIL-OSI USA: PASSED: Cortez Masto’s Bill to Exempt Tips from Federal Income Tax

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto
    Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) celebrated the Senate passage of her bipartisan bill to exempt tipped wages from federal income tax. Thanks to the state’s world class service and hospitality industries, Nevada has the highest concentration of tipped workers in the country, and the No Tax on Tips Act will allow these workers to keep more of their hard-earned money. Cortez Masto encourages her colleagues in the House of Representatives to move forward with a clean version of this legislation, instead of attaching it to their harmful billionaire tax plan that cuts Medicaid and raises taxes on the working class.
    “I’m happy to work with anyone on legislation that’s going to improve Nevadans’ lives, and I’m pleased that my bipartisan bill to put more money in the pockets of hardworking Nevadans has passed the Senate,” said Senator Cortez Masto. “Tipped workers are the backbone of Nevada’s economy, and with prices skyrocketing, working families deserve this break. I hope the House of Representatives passes this bill that permanently ends federal taxes on tips, instead of House Republicans’ unserious version that sunsets no taxes on tips in just four years while gutting health care for the very working families they say they are standing with.”
    The bill exempts “cash tips” – cash, credit and debit card charges, and checks – from federal income tax by allowing taxpayers to claim a 100% deduction at filing for tipped wages. The updated text includes guardrails and income limits to ensure only traditionally tipped employees will benefit from No Tax on Tips. The legislation is cosponsored by Ted Cruz (R-Texas), Jacky Rosen (D-Nev.), Steve Daines (R-Mont.), and Pete Ricketts (R-Neb.).
    This bill is just a piece of Senator Cortez Masto’s robust efforts to cut taxes and lower costs for hardworking Nevadans. Senator Cortez Masto helped introduce the Working Families Tax Relief Act to lower taxes for Nevada families by expanding the Child Tax Credit and Earned Income Tax Credit. Additionally, she supports raising the federal minimum wage and eliminating the minimum wage gap for tipped workers nationally. Nevada is one of seven states that already requires employers to pay tipped workers the full minimum wage rather than a sub-minimum wage.

    MIL OSI USA News –

  • MIL-OSI USA: Durbin Questions Witnesses In Senate Judiciary Committee Hearing On Defending Against Drones

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin
    May 20, 2025
    Today’s hearing highlighted the growing use of drones and how Congress can strike the right balance in response
    WASHINGTON – U.S. Senate Democratic Whip Dick Durbin (D-IL), Ranking Member of the Senate Judiciary Committee, today questioned witnesses during a Senate Judiciary Committee hearing entitled “Defending Against Drones: Setting Safeguards for Counter Unmanned Aircraft Systems Authorities.” Today’s hearing highlighted the growing use of unmanned aircraft systems (UAS), commonly known as drones, and how Congress can strike the right balance in response. It also examined the existing statutory authorities that enable the Department of Justice (DOJ) and the Department of Homeland Security (DHS) to track, disable, seize, and even shoot down drones. Finally, the hearing also provided an opportunity to consider how to provide sufficient authorities to law enforcement while also safeguarding the national airspace and important privacy rights and civil liberties—including ensuring that actions to counter drones respect First and Fourth Amendment rights and Fifth Amendment due process.
    Durbin began by asking Professor Laura Donohue, Professor of Law at Georgetown University; Director of Georgetown’s Center on National Security and the Law; and Director of the Center on Privacy and Technology, about the balance of protecting privacy and civil liberties, as well as our security, when it comes to the use of UAS.
    According to the Federal Aviation Administration (FAA), there are more than one million drones registered in the United States for commercial and recreational purposes. While most are harmless, UAS can pose serious safety risks when flown near airports, other critical infrastructure, or near mass gatherings like sporting events, parades, or concerts. Drones can also be used by malicious actors including criminals, cartels, terrorist groups, and foreign adversaries.
    “If I were sitting in Wrigley Field… and I saw a drone overhead, I would want to be sure it was a safe and friendly drone. I don’t know that when I’m sitting there. Somebody has to find out or at least ask the question. With over one million drones in our country today… it raises a question of who is going to monitor that activity to make sure these are safe… [and] don’t endanger anyone. At the same time, those drones could be gathering information… and there is a privacy angle there too. Who is protecting the privacy of the people that they are gathering information on?”Durbin said. “How do you balance this?”
    Professor Donohue responded, “As a matter of large scale, outdoor events, most states have regulations and law in place that prohibit the use of drones over large scale events” and noted that many have carveouts that don’t allow others to fly drones over private property without the consent of the property owner themselves. She also noted that the way to balance civil liberties concerns is to make sure there are restrictions.
    Durbin continued by asking Professor Donohue, “Let’s talk about the practical world: you have air traffic controllers monitoring commercial aircraft… but in terms of monitoring actual drone activity to the point of knowing whether it is complying with the state law and if it is not, what to do about it, what’s the answer there? How is it enforced?”
    Professor Donohue responded that both states and the FAA play a role. Currently, DOJ and DHS are also authorized to conduct counter drone operations to protect certain covered facilities and assets related to their missions. However, existing authorities do not sufficiently cover airports, critical infrastructure, or events that federal authorities do not have the capacity or resources to protect. The way to balance these authorities with civil liberties, Professor Donohue noted, is to make sure that there are appropriate restrictions on these authorities.
    Durbin concluded by asking, “Professor Donohue, if counter drone authorities are not drafted carefully, could they permit government authorities to intercept data or communications in violation of the Fourth Amendment?”
    Professor Donohue simply responded, “Yes.”
    Video of Durbin’s questions in Committee is available here.
    Audio of Durbin’s questions in Committee is available here.
    Footage of Durbin’s questions in Committee is available here for TV Stations.
    -30-

    MIL OSI USA News –

  • MIL-OSI USA: Kennedy champions bill to block taxpayer funding of medical schools that indoctrinate students with DEI ideology

    US Senate News:

    Source: United States Senator John Kennedy (Louisiana)
    WASHINGTON – Sen. John Kennedy (R-La.), a member of the Senate Budget Committee, today reintroduced the Embracing anti-Discrimination, Unbiased Curricula and Advancing Truth in Education (EDUCATE) Act, which would block federal funding for medical schools and accrediting institutions that force students to affirm ideological beliefs and prioritize diversity, equity and inclusion (DEI). 
    “Medical schools should be in the business of training our future doctors to save lives—not indoctrinating students with anti-American DEI ideology. The EDUCATE Act would make sure the government isn’t wasting your money on woke struggle sessions and blatant discrimination in medical schools,” said Kennedy.
    Sen. Eric Schmitt (R-Mo.) joined Kennedy in reintroducing the bill in the Senate.
    “For too long the radical Left has used our education system to advance their woke DEI agenda rather than advancing scientific achievement. This has now injected itself into medical schools across the nation putting the lives of countless Americans in danger all to appease the woke mob. I am proud to be leading this legislation to once again put merit above social justice quotas,” said Schmitt.
    Rep. Greg Murphy (R-N.C.) reintroduced the bill in the House of Representatives.
    “American medical schools are the best in the world and should remain free from discrimination, politicization, and acceptance of anything other than excellence. The EDUCATE Act bans race-based mandates at medical schools, protects the First Amendment and civil rights of students, and promotes objective, science-based medicine. Excluding individuals based on appearance or beliefs in the name of diversity is wrong and debases the integrity of the profession. Doctors must be taught to treat patients with the highest quality of care regardless of who they are. This includes dealing with other medical professionals who may not look like they do. I have dedicated my life to serving others as a physician and will not stand for discrimination in our nation’s institutions of medicine,” said Murphy. 
    Kennedy and Murphy also authored this op-ed in the Washington Examiner urging Congress to pass their EDUCATE Act.
    The EDUCATE Act would block federal funding from medical schools that:
    Direct, compel or incentivize students, faculty or staff to affirm or adopt certain ideological tenets.
    Take any action that would deprive a student of educational opportunities or otherwise adversely affect his or her status as a student on the basis of race or ethnicity.
    Require a course of instruction that directs or compels students, faculty or staff to state, pledge, recite, affirm or adopt certain ideological tenets. 
    Maintain a DEI or equivalent office within the medical school.
    Require or incentivize an individual to complete a diversity statement that affirms or capitulates to DEI as a condition of the person’s being admitted to or employed by a school.
    Do No Harm, America First Policy Institute, Eagle Forum, Heritage Action and CPAC support the EDUCATE Act.
    “Do No Harm applauds Congressman Murphy and Senator Kennedy for their relentless work to end harmful DEI practices and to restore integrity to American medical schools. For too long, accrediting bodies and medical colleges have prioritized identity politics over merit and expertise—putting patients’ health at serious risk. President Trump’s Administration has taken critical steps to dismantle these political activists’ grip on medical education, even causing some accreditors and schools to suspend their discriminatory practices. But the EDUCATE Act could enshrine the President’s actions into law, thereby eradicating DEI programs from medical education permanently,” said Dr. Stanley Goldfarb, founder and Board Chairman of Do No Harm. 
    “Diversity Equity and Inclusion (DEI) initiatives are an offshoot of Critical Race Theory—designed to promote race-stereotyping, race-exclusion, and indoctrination into divisive far-left ideologies. When publicly funded universities and medical schools teach students to make snap judgments about each other and our broader society based on skin color, they are conditioning them to reject foundational American commitments, including equal treatment and opportunity for all, administrative impartiality, and due process. Congressman Murphy’s bill is an essential first step toward restoring academic excellence and truth-seeking as the focal points of medical education so that tomorrow’s health professionals are prepared to provide exceptional care to every patient, regardless of their race or sex,” said Dr. Michael Shires, Ph.D., Vice Chair of Education Opportunity at the America First Policy Institute. 
    “DEI has invaded US medical schools like a virus in recent years—harming these institutions and the public as well. Senator Kennedy’s EDUCATE Act is the cure. We urge the Senate to move this bill forward,” said Kris Ullman, President of the Eagle Forum.
    Full text of the EDUCATE Act is available here.

    MIL OSI USA News –

  • MIL-OSI USA: House passes Kennedy resolution to undo cumbersome Biden-era bank merger rule

    US Senate News:

    Source: United States Senator John Kennedy (Louisiana)
    WASHINGTON – The U.S. House of Representatives today passed Sen. John Kennedy’s (R-La.) joint resolution of disapproval under Congressional Review Act (CRA) procedures to block an Office of Comptroller of the Currency (OCC) rule that delays the bank merger approval process by adding more red tape that could lead to consumer uncertainty. It now moves to the president’s desk for signing.
    “When the Biden administration decided to tinker with bank merger rules for no good reason, they threw a gut punch to small community banks just trying to offer their customers a good service. I’m grateful to the U.S. House of Representatives for doing the right thing, and I look forward to President Trump signing my resolution to undo this cumbersome regulation,” said Kennedy.
    Rep. Andy Barr (R-Ky.), chairman of the Financial Institutions Subcommittee on the House Financial Services Committee, introduced the companion resolution in the House of Representatives.
    “Bank mergers create competition and efficiency in the banking system. By eliminating this rule, we will remove unnecessary guardrails on the bank merger process that make smaller and medium-sized banks less competitive. This is another win for President Trump, who is making our economy stronger by cutting government red-tape and unleashing the free market,” said Barr.
    The Biden administration’s rule, which went into effect on Jan. 1, 2025, amended the Bank Merger Act of 1960 to make it harder for the OCC to approve healthy bank mergers quickly. Kennedy’s resolution would reverse the Biden administration’s misguided rule so that banks can stay in business and serve hardworking Americans.
    Background:
    Historically, the OCC assumed that a potential merger passed muster if the agency took no action on a merger application within 15 days. The burden of showing that a merger would harm business and consumers fell on the OCC and bank regulators.
    The Biden administration’s rule shifted the burden of proof to individual banks, making it harder for banks—particularly community banks—to fulfill their obligations by making smart, strategic mergers. 
    In Feb. 2025, Kennedy introduced his resolution to undo the Biden administration’s rule.
    On May 8, 2025, the Senate passed Kennedy’s resolution of disapproval. Sens. Bill Hagerty (R-Tenn.), Thom Tillis (R-N.C.), Tim Scott (R-S.C.), Steve Daines (R-Mont.) and Bernie Moreno (R-Ohio) were cosponsors.
    The American Bankers Association (ABA) supports Kennedy’s resolution.
    “We applaud today’s House passage of the Congressional Review Act resolution nullifying the OCC’s flawed bank merger rule, and we thank Rep. Andy Barr for leading this effort. This action, along with the companion resolution led by Sen. John Kennedy and passed by the Senate, will provide regulators with the opportunity to reenvision the framework governing bank mergers so that it more effectively promotes competition while allowing banks to better serve their customers. We look forward to President Trump signing this important resolution into law,” said Rob Nichols, President and CEO of the ABA.
    Text of the resolution is available here.

    MIL OSI USA News –