HELIOGEN INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Heliogen, Inc.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/otc-hlgn/ to learn more.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
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8 hours ago
- Yahoo
US, Philippines strike tariff deal
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. The U.S. and the Philippines reached terms on a deal focused on tariffs and market access, President Donald Trump posted on Truth Social Tuesday. Under the 'concluded' trade deal, imports from the Philippines would be subject to a 19% tariff, according to Trump. Meanwhile, U.S. exports would have full market access to the country and face 'ZERO tariffs,' the president said. Earlier this month, Trump said imports from the Philippines were scheduled to incur a 20% tariff starting Aug. 1. Trump initially announced a lower rate of 17% in April, which was later paused. 'We do a lot of business with [the Philippines], it's a lot of income coming in for both groups,' Trump said at the Oval Office Tuesday, prior to announcing the deal. 'But I was surprised to see the kind of numbers — they are very big — and they are going to get bigger under what we're doing and what we're proposing.' As of publication time, the White House has yet to reveal official documentation of the agreement. However, Philippines President Ferdinand Marcos Jr. said during a Wednesday media briefing that U.S. automobiles were a major area of the deal. 'We will open that market, and no longer charge tariffs on that,' Marcos said. The proposed pact is also meant to increase imports of U.S. soy and wheat products, as well as pharmaceuticals, Marcos said. 'We managed to bring down the 20% tariff rate for the Philippines to 19,' said Marcos. 'Now, 1% might seem like a very small concession, however when you put it into real terms it is a significant achievement.' In 2024, the U.S. had a $5 billion trade deficit with the Philippines, with imports accounting for 0.4% of U.S. trade, according to data from the U.S. International Trade Comission. Meanwhile, the U.S. exported about $9 billion in products to the Philippines last year. The tariff deal announcement was one of several from the Trump administration this week. The White House unveiled terms of a trade agreement framework with Indonesia Tuesday, while Trump said the U.S. had reached a deal with Japan Tuesday evening. Officials from Japan later confirmed certain details of the pact, such as a 15% duties on imports from the country, including for cars and auto parts. Previously, the U.S. and the UK finalized certain terms of a deal, while negotiations are ongoing for a pact with China. Trump also said earlier this month that the U.S. had struck a deal with Vietnam, but the country has not provided confirmation through official channels. Recommended Reading Who are the United States' top trading partners? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Upturn
15 hours ago
- Business Upturn
Music Licensing, Inc. (OTC: SONG) Enters Retainer Agreement with PCAOB-Registered Audit Firm for Review of Semi-Annual 2025 Financial Statements
NAPLES, FL, July 23, 2025 (GLOBE NEWSWIRE) — Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, a diversified holding company and the fifth public performance rights organization (PRO) established in the United States, today announced that it has officially executed a retainer agreement with a Public Company Accounting Oversight Board (PCAOB)-registered audit firm. The agreement covers the review of the Company's semi-annual financial statements for the period ending June 30, 2025. This engagement represents a critical milestone in the Company's broader plan to adopt and maintain PCAOB-compliant financial reporting standards. It reflects a long-term commitment to enhancing transparency, supporting regulatory compliance, and upholding best practices in financial governance. The formal retention of a PCAOB-registered firm follows the Company's July 2, 2025 announcement regarding its intention to pursue annual audits and periodic reviews of financial statements. With the agreement now in place, the Company expects to proceed with the independent review process and release its semi-annual 2025 financials accordingly. The initiative is designed to strengthen the integrity of the Company's financial disclosures, build investor confidence, and support current and future capital markets activities. Music Licensing, Inc. licenses music to leading platforms and businesses globally, including TikTok, iHeartMedia, Triller, Napster, 7Digital, and Vevo. The Company holds an estimated 7.4% share of the U.S. public performance rights market and administers a catalog of over 2.5 million musical works. This includes works by high-profile recording artists as well as content generated through artificial intelligence (AI) platforms. The Company also maintains royalty interests in Listerine 'Mouthwash' Antiseptic and in a large portfolio of musical works performed by internationally recognized artists such as The Weeknd, Justin Bieber, Kanye West, Elton John, Rihanna, Lil Nas X, and others. This step positions the Company for continued operational growth, improved transparency, and future scalability in line with public company reporting standards. About Music Licensing, Inc. (OTC: SONG) ( About Music Licensing, Inc. (OTC:SONG) ( Music Licensing, Inc. (OTC: SONG), also known as Pro Music Rights, is a diversified holding company and the fifth public performance rights organization (PRO) established in the United States. It is recognized under the federal registry of the United States government. The company licenses music to some of the most prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, and many others. Pro Music Rights holds an estimated 7.4% market share in the United States, representing a catalog of more than 2.5 million works by notable artists such as A$AP Rocky, Wiz Khalifa, Pharrell, Young Jeezy, Juelz Santana, Lil Yachty, MoneyBagg Yo, Larry June, Trae Pound, Sauce Walka, Trae Tha Truth, Sosamann, Soulja Boy, Lex Luger, Trauma Tone, Lud Foe, SlowBucks, Gunplay, OG Maco, Rich The Kid, Fat Trel, Young Scooter, Nipsey Hussle, Famous Dex, Boosie Badazz, Shy Glizzy, 2 Chainz, Migos, Gucci Mane, Young Dolph, Trinidad James, Chingy, Lil Gnar, 3OhBlack, Curren$y, Fall Out Boy, Money Man, Dej Loaf, Lil Uzi Vert, and many others, including works generated by artificial intelligence (AI). Additionally, Music Licensing, Inc. (OTC: SONG) holds royalty interests in Listerine 'Mouthwash' Antiseptic and a vast portfolio of musical works by globally renowned artists, including The Weeknd, Justin Bieber, Kanye West, Elton John, Mike Posner, blackbear, Lil Nas X, Lil Yachty, DaBaby, Stunna 4 Vegas, Miley Cyrus, Lil Wayne, XXXTentacion, BlueFace, The Game, Jeremih, Ty Dolla $ign, Eric Bellinger, Ne-Yo, MoneyBagg Yo, Halsey, Desiigner, DaniLeigh, Rihanna, and many others. Forward-Looking Statements: This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Music Licensing, Inc. & Pro Music Rights, Inc. to accomplish its stated plan of business. Music Licensing, Inc. & Pro Music Rights, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Pro Music Rights, Inc., Music Licensing, Inc., or any other person. Non-Legal Advice Disclosure: This press release does not constitute legal advice, and readers are advised to seek legal counsel for any legal matters or questions related to the content herein. Non-Investment Advice Disclosure: This communication is intended solely for informational purposes and does not in any way imply or constitute a recommendation or solicitation for the purchase or sale of any securities, commodities, bonds, options, derivatives, or any other investment products. Any decisions related to investments should be made after thorough research and consultation with a qualified financial advisor or professional. We assume no liability for any actions taken or not taken based on the information provided in this communication Contact: [email protected] SOURCE: Music Licensing, Inc Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
19 hours ago
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Trump says deal reached with Philippines on tariffs
The U.S. has reached a trade deal with the Philippines following a meeting Tuesday between President Donald Trump and the country's president, Ferdinand Marcos Jr., at the White House, Trump announced on social media. 'It was a beautiful visit, and we concluded our Trade Deal, whereby The Philippines is going OPEN MARKET with the United States, and ZERO Tariffs,' the president wrote on Truth Social. According to Trump, the U.S. will impose a 19 percent tariff on imports from the Philippines, higher than the 17 percent 'reciprocal' duty the U.S. briefly imposed in April but slightly lower than the 20 percent tariff he threatened in a letter earlier this month. 'In addition, we will work together Militarily. It was a Great Honor to be with the President. He is Highly Respected in his Country, as he should be. He is also a very good, and tough, negotiator,' Trump wrote in his post. The final terms of the deal have yet to be officially confirmed by the Marcos government, nor did the White House provide further details on the agreement. The White House did, however, release more information on a separate framework for an agreement with neighboring Indonesia that he first touted last week. Like the purported agreement with the Philippines, the framework with Indonesia keeps in place a substantial, 19 percent tariff on exports 'This Deal is a HUGE WIN for our Automakers, Tech Companies, Workers, Farmers, Ranchers, and Manufacturers. Thank you for your attention to this matter. MAKE AMERICA GREAT AGAIN!," Trump wrote in a separate post to Truth Social, hours after announcing the deal with the Philippines. He also said Indonesia agreed to eliminate '99%' of their tariff barriers to become an 'Open Market to American Industrial and Tech Products, and Agricultural Goods.' Senior officials told reporters on a call Tuesday that Indonesia agreed to address several trade issues the Trump administration had identified in the negotiations, including lifting export restrictions on critical minerals, recognizing certain U.S. federal motor vehicle safety standards and exempting American agricultural imports from certain licensing requirements, among other changes. 'American producers, who have long-faced high tariffs and burdensome requirements, will receive unprecedented access to Indonesia's market and greater certainty for the digital services sector,' USTR Jamieson Greer said in a statement. The White House also released what it described as a joint statement — though the Indonesian government did not immediately publish the agreement — saying the deal 'will provide both countries' exporters unprecedented access to each other's markets.' 'The Agreement on Reciprocal Trade will build upon our longstanding economic relationship, including the U.S.-Indonesia Trade and Investment Framework Agreement, signed on July 16, 1996,' the statement said. Indonesian President Prabowo Subianto acknowledged the agreement in a post on Instagram last week, which Subianto said would lead to a 'new era of mutual benefit' between the countries, but did not confirm the tariff rate. And a report in Indonesia's state news agency Antara raised questions about whether the Indonesian government is on the same page about the duty. Coordinating Minister for Economic Affairs, Airlangga Hartarto, is quoted as saying that the 'planned 19 percent tariff will no longer apply to Indonesian goods.' He also described Indonesia's tariff rate brokered in the deal as 'the lowest' among ASEAN countries despite the fact that it matches the 19 percent levy on exports from the Philippines. The U.S. goods trade with Indonesia totaled nearly $40 billion in 2024, with the U.S. importing $28 billion in Indonesian goods. The Philippines, meanwhile, sent $14.2 billion in goods to the U.S. last year and purchased about $9.3 billion worth of American goods, according to data from the Office of the U.S. Trade Representative. It's not clear, however, how much the countries stands to gain from the new agreements, which maintains a double-digit tariff rates — in the Philippines case, two percent higher than the duty Trump initially levied. 'It is sad that for the Philippines the rate even went up — as an ally it is hard to take,' said a Filipino official close to the negotiations, granted anonymity to speak freely. Solve the daily Crossword
