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Australia and India produced the best of cricket in the ongoing fourth match of the Border-Gavaskar Trophy 2024-25, resulting in a record-breaking crowd at Melbourne Cricket Ground on Monday, December 30. The total attendance of the Melbourne Test surged past 3,50,000 as the fans gathered in strength to witness history unfolding on Day 5. After a memorable cricket in the first four days, both teams entered Day 5 as favourites, triggering a record-breaking attendance. The screen at MCG revealed a total attendance of 3,50,700 during the first session, with many more joining the game after lunch. This count broke the previous record of attendance of 3, 50, 534 in Tests in Australia set during the Boxing Day Test between Australia and England at MCG in 1937. Cricket Australia reportedly confirmed an attendance of 51,371 on Day 5 as many packed the stands to witness a thrilling contest at MCG. The attendance crossed the 60000-mark when India made a comeback in the second session with Yashasvi Jaiswal and Rishabh Pant taking India from 33 for 3 to 107 for 3 in 52 overs. More to follow...Don’t fiddle with rights of Dalits, Gujjars, Paharis: Tarun Chugh to CMEpitopea and Genevant Sciences Announce Collaboration Agreement
Seoul-based cinema technology pioneer CJ 4DPLEX has elevated company veteran Jun Bang as its new CEO. The announcement, made Wednesday, highlights Bang’s contributions to the company’s ongoing success in revolutionizing the cinematic experience in South Korea and beyond. Bang, who joined CJ 4DPLEX in 2018, most recently served as COO of content and marketing, where he oversaw original content investments, theatrical distribution, and global marketing operations. He was instrumental in building the company’s alternative content business, producing and distributing nearly 20 original films annually, including concert films from K-pop stars and major U.S. acts, like Coldplay’s , as well as other live theatrical broadcasts of top-billed events like the Korean Baseball Organization’s playoff series, shown in the immersive ScreenX format. Before leading the content division at CJ 4DPLEX, he was a senior director of content business innovation, overseeing investment and distribution strategies as well as ScreenX and 4DX studio operations. He was also instrumental in building the ScreenX VFX Production Studio, which houses nearly 100 visual artists and has allowed the ScreenX format to significantly increase its content slate to encompass major Hollywood blockbusters as well as local tentpole projects from Japan and Korea. “Transitioning into the role of CEO at CJ 4DPLEX, I am excited to lead the company in its next phase during a pivotal moment in cinematic entertainment,” said Bang. “With all the recent momentum our theaters have gained, we will aggressively expand all facets of our operation as more moviegoers seek out 4DX and ScreenX experiences worldwide.” CJ 4DPLEX operates two innovative cinema technologies that have attempted to redefine the theatrical experience. The 4DX format offers a multisensory experience through motion-based seating synchronized with effects like wind, water, scents, and vibrations, creating an immersive connection to on-screen action. There are over 800 4DX theaters across 70 countries. The ScreenX format expands select sequences of a film onto the left and right walls of the auditorium, creating a 270-degree panoramic experience. With over 420 ScreenX theaters in 40 countries, the technology provides a virtual reality-like experience with cinema-quality resolution. CJ 4DPLEX is a subsidiary of CJ CGV and a part of the larger CJ Group, which includes entertainment powerhouse CJ ENM. Bang’s appointment was hailed by Don Savant, CEO and president of CJ 4DPLEX America. “Jun’s leadership in developing alternative content and expanding our VFX capabilities has been a game changer for the cinema industry, which is fighting to differentiate itself from home and streaming platforms,” Savant said in a statement. THR Newsletters Sign up for THR news straight to your inbox every day More from The Hollywood ReporterLiam Payne's girlfriend Kate Cassidy shares heartfelt post about grief at Christmas
ORLANDO, Fla. , Dec. 19, 2024 /PRNewswire/ -- Security First Insurance, based in Florida , and Embark MGA, Florida insurance experts, join forces to launch a modern HO5 homeowners' insurance program designed exclusively for new home builders to have an affordable, turnkey insurance option for home buyers. This innovative homeowners' insurance solution combines enhanced coverage options tailored to the unique needs of Florida homeowners with the simplicity of embedding the insurance in the home-buying process. This solution comes at a crucial time for Florida builders. Recent surveys reveal that many prospective home buyers in Florida cite insurance as a major barrier to purchasing a home. To address this problem head-on, Security First will provide a new level of comprehensive protection to new home buyers in Florida , supported by Embark's expertise in custom insurance solutions and proprietary technology. The new HO5 policy comes with a broader scope of protection for new home buyers than the standard HO3 policy and streamlined claims processing. These HO5 policies are distinctive in the Builder channel because they provide "open-perils" coverage for both the home and personal belongings, and coverage for incidents that are often excluded from traditional policies, bringing extra reassurance to home buyers that their new investment will be well protected. "This partnership with Embark allows Security First to expand our reach into a new segment of Florida homeowners," said Bob Ketchum , SVP of Product and Underwriting. "We pride ourselves on innovative product design and exceptional service," continued Ketchum, "and promise to be there for our customers when they need us the most." Embark's commitment to providing modern, tech-driven insurance solutions in niche customer segments complements Security First's deep knowledge of the Florida market. Leveraging Embark's proprietary technology, insurance quotes are seamlessly integrated into the home-buying and mortgage qualification process. The system preloads builders' home inventory, community details, and model data, enabling accurate, bindable quotes without the need for lengthy applications. This streamlined approach electronically shares insurance information with builders' mortgage and title partners, reducing closing delays and eliminating much of the friction typically faced by consumers during the home-buying journey. Key Features of the Security First New Home Builder HO5 Policy: "We are thrilled to partner with Security First Insurance, a company that shares our commitment to innovation and delivering exceptional, customer-centric service," said Brian Crumbaker , EVP Distribution at Embark. "We look forward to supporting the unique needs of new home builders and their clients. This new embedded product stands out with its competitive pricing and broad coverage options, offering a superior solution in the Florida market." Media Contacts: Embark MGA Marc T. Murphy Jr. Director of Agency Operations and Marketing mmurphy@embarkgeneral.com 470-723-4241 Security First Insurance Wendy Maddalone Director of Marketing and Communications wendy.maddalone@securityfirstflorida.com 386-243-4707 About Embark MGA: Embark is a technology-driven insurance company focused on providing innovative and customer-friendly insurance solutions. Through its modern platform and product offerings, Embark simplifies the insurance experience, offering comprehensive protection tailored to today's consumer needs. About Security First Insurance: Security First Insurance is a leading provider of homeowners insurance in Florida , committed to safeguarding Florida families with tailored, reliable coverage. With deep expertise in the unique challenges Florida residents face, Security First delivers high-quality service and protection. About Our New Home Builder Program: Our New Home Builder Program offers new home builders, their distribution partners, and client's direct access to insurance products specifically designed for new homes. Exclusively available to our partners, this program simplifies the underwriting process by only using information about the house to issue policies that typically provide more flexibility than a standard homeowner's policy. View original content to download multimedia: https://www.prnewswire.com/news-releases/security-first-insurance-partners-with-embark-mga-to-enter-the-new-home-builder-insurance-channel-with-the-launch-of-an-innovative-ho5-product-in-florida-302336659.html SOURCE Embark General
Star Bulk Carriers's SBLK short percent of float has fallen 4.65% since its last report. The company recently reported that it has 1.39 million shares sold short , which is 1.23% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.09 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish. See Also: List of the most shorted stocks Star Bulk Carriers Short Interest Graph (3 Months) As you can see from the chart above the percentage of shares that are sold short for Star Bulk Carriers has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted. Comparing Star Bulk Carriers's Short Interest Against Its Peers Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis. According to Benzinga Pro , Star Bulk Carriers's peer group average for short interest as a percentage of float is 2.76%, which means the company has less short interest than most of its peers. Did you know that increasing short interest can actually be bullish for a stock? This post by Benzinga Money explains how you can profit from it. This article was generated by Benzinga's automated content engine and was reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
MADRID (AP) — Spanish King Felipe VI used his traditional Christmas Eve speech to remember the victims of the catastrophic Valencia flash floods , and urged the country to remain calm despite public debates around hot-button issues such as immigration and housing affordability. In a pre-recorded speech that usually reviews the year's most relevant issues, Felipe said Spain “must never forget the pain and sadness" the flood have caused. The Oct. 29 floods killed more than 225 people in eastern Spain, damaging countless homes and leaving graveyards of cars piled on top of each other. In some towns, the heavy downpours that caused the floods dropped as much as a year's worth of rain in just eight hours. In early November, as Spaniards' shock at the wreckage turned into frustration, a political blame game began, directed especially at regional authorities who failed to send timely emergency alerts to cell phones on the day of the floods. The frustration of residents in hard-hit Paiporta near Valencia was on display when people tossed mud and shouted insults at the king and government officials in early November when they made their first visit to the town. “We have seen — and understood — the frustration, the pain, the impatience, the demands for greater and more effective coordination," Felipe said about how the disaster was managed, adding that he had asked that aid be sent to everyone who needed it. He also addressed the country's housing crunch and high rents, which have become a leading concern in this European Union country that is the eurozone's fourth-largest economy. Fast-rising rents are especially acute in cities like Barcelona and Madrid, where incomes have failed to keep up, especially for younger people in a country with chronically high unemployment. Felipe urged that “all the actors involved reflect” and "listen to each other” so that they facilitate bringing access to housing under “affordable conditions.” Spain's immigration debate should keep in mind the country's European partners and immigrants' countries of origin, Felipe said, warning that “the way in which we are able to address immigration ... will say a lot in the future about our principles and the quality of our democracy.” Felipe said Spain need to remain calm in the public sphere, even in the face of a “sometimes thunderous” contest in its politics.CAPE GIRARDEAU, Mo. (AP) — Rob Martin had 17 points in Southeast Missouri State's 88-39 victory against Westminster (MO) on Sunday night. Martin also contributed seven rebounds for the Redhawks (7-6). Braxton Stacker scored 16 points while going 7 of 11 (1 for 5 from 3-point range) and added five rebounds. Damarion Walkup went 5 of 11 from the field (4 for 10 from 3-point range) to finish with 14 points. The Blue Jays were led in scoring by Walker Gohring, who finished with 13 points. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .
DPW workers and city residents gathered in front of City Hall on Saturday afternoon to demand change within the agency. One by one, workers and residents took the stand and spoke out against workplace safety, pay, and toxic and hostile environments within the Department of Public Works. “We’ve got the 4th most dangerous job in America. Understand that. The 4th most dangerous job in America,” DPW worker Clarence Thomas said. “A lot of people would not go out there in those alleyways or anything of that nature. I’ve had guns put in my face. I’ve been bitten by rats – it’s almost a part of my forearm. I’ve been hit by cars while doing my job.” The group alleges that they’re not valued or respected despite their importance to the city. They said if DPW workers didn’t come by to pick up the city’s trash, the water and air would become heavily polluted. “Why are they paid some of the lowest wages in the city for one of the most dangerous jobs and one of the most vital to keeping our residents safe?” said a city resident. This rally happened just a few weeks after Timothy Cartwell, a DPW solid waste worker, died while doing his job on November 8. Police say Cartwell was picking up trash along a narrow alley near Fulton and Baker streets when he became trapped between the garbage truck and a wooden light pole. Cartwell’s tragic death occurred only a few months after DPW worker Ronald Silver also died on the job. Silver died while working as a solid waste worker on August 2 due to overheating, according to the Office of the Chief Medical Examiner. “Every worker within DPW should be here. We need to support each other. We’re all a brotherhood,” said a DPW worker. Have a news tip? Contact Alexa Dikos at aadikos@sbgtv.com .Health and safety tips for a stress-free holiday season
Jimmy Carter, 39th US president, Nobel winner, dies at 100Brazos Home Care Receives the Reader's Choice Award for Excellence in Home Care for Veterans in Bryan, TX
Suchir Balaji, a former OpenAI engineer and whistleblower who helped train the artificial intelligence systems behind ChatGPT and later said he believed those practices violated copyright law, has died, according to his parents and San Francisco officials. He was 26. Balaji worked at OpenAI for nearly four years before quitting in August. He was well-regarded by colleagues at the San Francisco company, where a co-founder this week called him one of OpenAI's strongest contributors who was essential to developing some of its products. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Here's How Much $1000 Invested In Microsoft 20 Years Ago Would Be Worth Today-- First Half Revenue of $85.7 million , increase 1.5% year-over-year -- -- First Half GMV of $107.3 million , down 7.0% year-over-year -- SHANGHAI , Dec. 20, 2024 /PRNewswire/ -- Jowell Global Ltd. ("Jowell" or the "Company") (NASDAQ: JWEL), one of the leading cosmetics, health and nutritional supplements, and household products e-commerce platforms in China , today announced its unaudited financial results for the six months ended June 30, 2024 . First Half 2024 Financial and Operational Highlights and June 30, 2023. stores or store-in-shop (an integrated store), selling products they purchased through Jowell's online platform LHH Mall under their retailer accounts, which provides them with major discounts. Total Revenues Total revenues for the first half 2024 were $85.7 million , representing an increase of 1.5% from $84.4 million in the same period of 2023. Our weighted average unit price was $5.16 per unit for the first half of 2024, which represented an increase of 4.2% as compared to $4.95 per unit for the same period of 2023. Our health and nutritional supplements revenue for the first half of 2024 increased by about $11.1 million , or 182.1%, as compared to the same period of 2023. The increase in health and nutritional supplements revenue was mainly due to the increase in sales of premium brand health and nutritional supplements. We have stepped up our promotions on these items during the Chinese New Year holidays in the first half of 2024 in an attempt to offer more promotional discounts in response to the overall market downturn. Operating loss was $4.0 million for the first half of 2024, compared with the operating loss of $6.6 million in the same period of 2023. The decrease in operating loss for the first half of 2024 was mainly due the decrease of marketing expenses, as well as reduction of operating expenses as discussed above. Net Loss Net loss was $3.8 million , a decrease of 47.1% compared with net loss of $7.1 million in the same period of 2023, which was mainly due the factors mentioned above. Loss per Share The Company computes earnings (loss) per share ("EPS") in accordance with ASC 260, "Earnings per Share" ("ASC 260"). Each of the Company's Preferred Share has voting rights equal to two Ordinary Shares of the Company and each Preferred Share is convertible into one Ordinary Share at any time. Except for voting rights and conversion rights, the Ordinary Shares and the Preferred Shares rank pari passu with one another and have the same rights, preferences, privileges and restrictions. For the first half ended June 30, 2024 and 2023, respectively, the Company had no potential ordinary shares outstanding that could potentially dilute EPS in the future. Cash and Cash Equivalents For the first half of 2024, the Company reported a net loss of $3.8 million , a negative operating cash flow of $41,012 and an accumulated deficit of approximately $29.8 million . The Company's principal sources of liquidity are sales revenues, proceeds from a private placement and a registered direct offering. As of June 30, 2024 , the Company had cash and restricted cash of approximately $0.8 million , held by the variable interest entity (VIE) Shanghai Juhao Information Technology Co., Ltd. ("Shanghai Juhao") with banks and financial institutions inside China as the Company conducts its operations primarily through the consolidated VIE in China ; the Company's working capital as of June 30, 2024 was $13.4 million . Due to the uncertainty of the current market environment, management believes it is necessary to enhance the collection of its outstanding accounts receivable and other receivables, and to be cautious in terms of its operational decisions and project selections. As of October 31, 2024 , approximately $1.8 million , or 62%, of its accounts receivable balance as of June 30, 2024 were collected, and approximately $9.9 million , or 93%, of its advances to supplier balance as of June 30, 2024 were utilized. In addition, the Company's Form F-3 registration was declared effective on August 31, 2022 , and the Company may also seek equity financing from outside investors if necessary. Based on the latest business plan of the Company, Shanghai Juhao has reduced its promotion efforts and marketing expenditures since the second half of 2023, which reduced the cash used in operating activities. Management believes that the above-mentioned factors, including cash on hand of approximately $0.8 million , will provide sufficient liquidity for the Company to meet its future liquidity and capital requirements for at least the next twelve months. About Jowell Global Ltd . Jowell Global Ltd. (the "Company") is one of the leading cosmetics, health and nutritional supplements and household products e-commerce platforms in China . We offer our own brand products to customers and also sell and distribute health and nutritional supplements, cosmetic products and certain household products from other companies on our platform. In addition, we allow third parties to open their own stores on our platform for a service fee based upon sale revenues generated from their online stores and we provide them with our unique and valuable information about market needs, enabling them to better manage their sales effort, as well as an effective platform to promote their brands. The Company also sells its products through authorized retail stores all across China , which operate under the brand names of " Love Home Store " or "LHH Store" and "Best Choice Store". For more information, please visit http://ir.1juhao.com/ . Exchange Rate The Company's financial information is presented in U.S. dollars ("USD"). The functional currency of the Company is the Chinese Yuan, Renminbi ("RMB"), the currency of the PRC. Any transactions which are denominated in currencies other than RMB are translated into RMB at the exchange rate quoted by the People's Bank of China prevailing at the dates of the transactions, and exchange gains and losses are included in the statements of operations as foreign currency transaction gain or loss. The consolidated financial statements of the Company have been translated into U.S. dollars in accordance with ASC 830, "Foreign Currency Matters". This press release contains translations of certain RMB amounts into U.S. dollars ("USD" or "$") at specified rates solely for the convenience of the reader. The exchange rates in effect as of June 30, 2024 and December 31, 2023 were RMB1 for $0.1403 and $0.1412 , respectively. The average exchange rates for the six months ended June 30, 2024 and 2023 were RMB1 for $0.1407 and $0.1444 , respectively. Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; financial condition and results of operations; product and service demand and acceptance; reputation and brand; the impact of competition and pricing; changes in technology; government regulations; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov . The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For investor and media inquiries, please contact: Jowell Global Ltd. Ms. Jessie Zhao Email: [email protected] and outstanding at June 30, 2024 and December 31, 2023, respectively * outstanding at June 30, 2024 and December 31, 2023, respectively *Figure Technology Solutions Appoints Macrina Kgil as Chief Financial OfficerNone