Amarion Dickerson guides Robert Morris past Northern Kentucky 97-93 in triple OT
PHILADELPHIA , Dec. 19, 2024 /PRNewswire/ -- FMC Corporation (NYSE: FMC) announced today it will release its fourth quarter 2024 earnings on Tuesday, February 4, 2025 , after the stock market close via PR Newswire and the company's website https://investors.fmc.com . The company will host a webcast conference call on Tuesday, February 4, 2025 , at 5:00 p.m. ET that is open to the public via internet broadcast and telephone. At this time, management will provide commentary on the results from the fourth quarter and full year 2024, guidance for the first quarter and full year 2025, as well as an update on the three-year outlook and the company's strategy. The call time has been extended to 90 minutes from the usual 60 minutes to accommodate the number of topics and Q&A adequately. Conference Call Details: Internet broadcast: https://investors.fmc.com United States (Local): +1 404 975 4839 United States ( Toll-Free ): +1 833 470 1428 Global Dial-In Numbers: Global Dial-in Number Access Code: 338624 Pre-Registration Link: https://www.netroadshow.com/events/login?show=2f7e0221&confId=75596 A replay of the call will be available via the internet and telephone from 6:30 p.m. ET on February 4, 2025 , until February 24, 2025 . Internet replay: https://investors.fmc.com United States (Local): 1 929 458 6194 United States ( Toll-Free ): 1 866 813 9403 Access Code: 793208 About FMC FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers and crop advisers to address their toughest challenges economically while protecting the environment. With approximately 5,800 employees at more than 100 sites worldwide, FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn ® . View original content to download multimedia: https://www.prnewswire.com/news-releases/fmc-corporation-announces-date-for-fourth-quarter-2024-earnings-release-and-webcast-conference-call-302336288.html SOURCE FMC Corporation
NoneAs open enrollment for Affordable Care Act plans continues through Jan. 15, you’re likely seeing fewer social media ads promising monthly cash cards worth hundreds, if not thousands, of dollars that you can use for groceries, medical bills, rent and other expenses. But don’t worry. You haven’t missed out on any windfalls. Clicking on one of those ads would not have provided you with a cash card — at least not worth hundreds or thousands. But you might have found yourself switched to a health insurance plan you did not authorize, unable to afford treatment for an unforeseen medical emergency, and owing thousands of dollars to the IRS, according to an ongoing lawsuit against companies and individuals who plaintiffs say masterminded the ads and alleged scams committed against millions of people who responded to them. The absence of those once-ubiquitous ads are likely a result of the federal government suspending access to the ACA marketplace for two companies that market health insurance out of South Florida offices, amid accusations they used “fraudulent” ads to lure customers and then switched their insurance plans and agents without their knowledge. In its suspension letter, the Centers for Medicare & Medicaid Services (CMS) cited “credible allegations of misconduct” in the agency’s decision to suspend the abilities of two companies — TrueCoverage (doing business as Inshura) and BenefitAlign — to transact information with the marketplace. CMS licenses and monitors agencies that use their own websites and information technology platforms to enroll health insurance customers in ACA plans offered in the federal marketplace. The alleged scheme affected millions of consumers, according to a lawsuit winding its way through U.S. District Court in Fort Lauderdale that seeks class-action status. An amended version of the suit, filed in August, increased the number of defendants from six to 12: — TrueCoverage LLC, an Albuquerque, New Mexico-based health insurance agency with large offices in Miami, Miramar and Deerfield Beach. TrueCoverage is a sub-tenant of the South Florida Sun Sentinel in a building leased by the newspaper in Deerfield Beach. — Enhance Health LLC, a Sunrise-based health insurance agency that the lawsuit says was founded by Matthew Herman, also named as a defendant, with a $150 million investment from hedge fund Bain Capital’s insurance division. Bain Capital Insurance Fund LP is also a defendant. — Speridian Technologies LLC, accused in the lawsuit of establishing two direct enrollment platforms that provided TrueCoverage and other agencies access to the ACA marketplace. — Benefitalign LLC, identified in the suit as one of the direct enrollment platforms created by Speridian. Like Speridian and TrueCoverage, the company is based in Albuquerque, New Mexico. — Number One Prospecting LLC, doing business as Minerva Marketing, based in Fort Lauderdale, and its founder, Brandon Bowsky, accused of developing the social media ads that drove customers — or “leads” — to the health insurance agencies. — Digital Media Solutions LLC, doing business as Protect Health, a Miami-based agency that the suit says bought Minerva’s “fraudulent” ads. In September, the company filed for Chapter 11 protection from creditors in United States Bankruptcy Court in Texas, which automatically suspended claims filed against the company. — Net Health Affiliates Inc., an Aventura-based agency the lawsuit says was associated with Enhance Health and like it, bought leads from Minerva. — Garish Panicker, identified in the lawsuit as half-owner of Speridian Global Holdings and day-to-day controller of companies under its umbrella, including TrueCoverage, Benefitalign and Speridian Technologies. — Matthew Goldfuss, accused by the suit of overseeing and directing TrueCoverage’s ACA enrollment efforts. All of the defendants have filed motions to dismiss the lawsuit. The motions deny the allegations and argue that the plaintiffs failed to properly state their claims and lack the standing to file the complaints. The Sun Sentinel sent requests for comment and lists of questions about the cases to four separate law firms representing separate groups of defendants. Three of the law firms — one representing Brandon Bowsky and Number One Prospecting LLC d/b/a Minerva Marketing, and two others representing Net Health Affiliates Inc. and Bain Capital Insurance Fund — did not respond to the requests. A representative of Enhance Health LLC and Matthew Herman, Olga M. Vieira of the Miami-based firm Quinn Emanuel Urquhart & Sullivan LLP, responded with a short message saying she was glad the newspaper knew a motion to dismiss the charges had been filed by the defendants. She also said that, “Enhance has denied all the allegations as reported previously in the media.” Catherine Riedel, a communications specialist representing TrueCoverage LLC, Benefitalign LLC, Speridian Technologies LLC, Girish Panicker and Matthew Goldfuss, issued the following statement: “TrueCoverage takes these allegations very seriously and is responding appropriately. While we cannot comment on ongoing litigation, we strongly believe that the allegations are baseless and without merit. “Compliance is our business. The TrueCoverage team records and reviews every call with a customer, including during Open Enrollment when roughly 500 agents handle nearly 30,000 calls a day. No customer is enrolled into any policy without a formal verbal consent given by the customer. If any customer calls in as a result of misleading content presented by third-party marketing vendors, agents are trained to correct such misinformation and action is taken against such third-party vendors.” Through Riedel, the defendants declined to answer follow-up questions, including whether the company remains in business, whether it continues to enroll Affordable Care Act clients, and whether it is still operating its New Mexico call center using another affiliated technology platform. The suspension notification from the Centers for Medicare and Medicaid Services letter cites several factors, including the histories of noncompliance and previous suspensions. The letter noted suspicion that TrueCoverage and Benefitalign were storing consumers’ personally identifiable information in databases located in India and possibly other overseas locations in violation of the centers’ rules. The letter also notes allegations against the companies in the pending lawsuit that “they engaged in a variety of illegal practices, including violations of the (Racketeer Influenced & Corrupt Organizations, or RICO Act), misuse of consumer (personal identifiable information) and insurance fraud.” The amended lawsuit filed in August names as plaintiffs five individuals who say their insurance plans were changed and two agencies who say they lost money when they were replaced as agents. The lawsuit accuses the defendants of 55 counts of wrongdoing, ranging from running ads offering thousands of dollars in cash that they knew would never be provided directly to consumers, switching millions of consumers into different insurance policies without their authorization, misstating their household incomes to make them eligible for $0 premium coverage, and “stealing” commissions by switching the agents listed in their accounts. TrueCoverage, Enhance Health, Protect Health, and some of their associates “engaged in hundreds of thousands of agent-of-record swaps to steal other agents’ commissions,” the suit states. “Using the Benefitalign and Inshura platforms, they created large spreadsheet lists of consumer names, dates of birth and zip codes.” They provided those spreadsheets to agents, it says, and instructed them to access platforms linked to the ACA marketplace and change the customers’ agents of record “without telling the client or providing informed consent.” “In doing so, they immediately captured the monthly commissions of agents ... who had originally worked with the consumers directly to sign them up,” the lawsuit asserts. TrueCoverage employees who complained about dealing with prospects who called looking for cash cards were routinely chided by supervisors who told them to be vague and keep making money, the suit says. When the Centers for Medicare and Medicaid Services began contacting the company in January about customer complaints, the suit says TrueCoverage enrollment supervisor Matthew Goldfuss sent an email instructing agents “do not respond.” The lawsuit states the “scheme” was made possible in 2021 when Congress passed the American Rescue Plan Act in the wake of the COVID pandemic. The act made it possible for Americans with household incomes between 100% and 150% of the federal poverty level to pay zero in premiums and it enabled those consumers to enroll in ACA plans all year round, instead of during the three-month open enrollment period from November to January. Experienced health insurance brokers recognized the opportunity presented by the changes, the lawsuit says. More than 40 million Americans live within 100% and 150% of the federal poverty level, while only 15 million had ACA insurance at the time. The defendants developed or benefited from online ads, the lawsuit says, which falsely promised “hundreds and sometimes thousands of dollars per month in cash benefits such as subsidy cards to pay for common expenses like rent, groceries, and gas.” Consumers who clicked on the ads were brought to a landing page that asked a few qualifying questions, and if their answers suggested that they might qualify for a low-cost or no-cost plan, they were provided a phone number to a health insurance agency. There was a major problem with the plan, according to the lawsuit. “Customers believe they are being routed to someone who will send them a free cash card, not enroll them in health insurance.” By law, the federal government sends subsidies for ACA plans to insurance companies, and not to individual consumers. Scripts were developed requiring agents not to mention a cash card, and if a customer mentions a cash card, “be vague” and tell the caller that only the insurance carrier can provide that information, the lawsuit alleges. In September, the defendants filed a motion to dismiss the claims. In addition to denying the charges, they argued that the class plaintiffs lacked the standing to make the accusations and failed to demonstrate that they suffered harm. The motion also argued that the lawsuit’s accusations failed to meet requirements necessary to claim civil violations of the RICO Act. Miami-based attorney Jason Kellogg, representing the plaintiffs, said he doesn’t expect a ruling on the motion to dismiss the case for several months. The complaint also lists nearly 50 companies, not named as defendants, that it says fed business to TrueCoverage and Enhance Health. Known in the industry as “downlines,” most operate in office parks throughout South Florida, the lawsuit says. The lawsuit quotes former TrueCoverage employees complaining about having to work with customers lured by false cash promises in the online ads. A former employee who worked in the company’s Deerfield Beach office was quoted in the lawsuit as saying that senior TrueCoverage and Speridian executives “knew that consumers were calling in response to the false advertisements promising cash cards and they pressured agents to use them to enroll consumers into ACA plans.” A former human resources manager for TrueCoverage said sales agents frequently complained “that they did not feel comfortable having to mislead consumers,” the lawsuit said. Over two dozen agents “came to me with these complaints and showed me the false advertisements that consumers who called in were showing them,” the lawsuit quoted the former manager as saying. For much of the time the companies operated, the ACA marketplace enabled agents to easily access customer accounts using their names and Social Security numbers, change their insurance plans and switch their agents of record without their knowledge or authorization, the lawsuit says. This resulted in customers’ original agents losing their commissions and many of the policyholders finding out they suddenly owed far more for health care services than their original plans had required, the suit states. It says that one of the co-plaintiffs’ health plans was changed at least 22 times without her consent. She first discovered that she had lost her original plan when she sought to renew a prescription for her heart condition and her doctor told her she did not have health insurance, the suit states. Another co-plaintiff’s policy was switched after her husband responded to one of the cash card advertisements, the lawsuit says. That couple’s insurance plan was switched multiple times after a TrueCoverage agent excluded the wife’s income from an application so the couple would qualify. Later, they received bills from the IRS for $4,300 to cover tax credits issued to pay for the plans. CMS barred TrueCoverage and BenefitAlign from accessing the ACA marketplace. It said it received more than 90,000 complaints about unauthorized plan switches and more than 183,500 complaints about unauthorized enrollments, but the agency did not attribute all of the complaints to activities by the two companies. In addition, CMS restricted all agents’ abilities to alter policyholders’ enrollment information, the lawsuit says. Now access is allowed only for agents that already represent policyholders or if the policyholder participates in a three-way call with an agent and a marketplace employee. Between June and October, the agency barred 850 agents and brokers from accessing the marketplace “for reasonable suspicion of fraudulent or abusive conduct related to unauthorized enrollments or unauthorized plan switches,” according to an October CMS news release . The changes resulted in a “dramatic and sustained drop” in unauthorized activity, including a nearly 70% decrease in plan changes associated with an agent or broker and a nearly 90% decrease in changes to agent or broker commission information, the release said. It added that while consumers were often unaware of such changes, the opportunity to make them provided “significant financial incentive for non-compliant agents and brokers.” But CMS’ restrictions might be having unintended consequences for law-abiding agents and brokers. A story published by Insurance News Net on Nov. 11 quoted the president of the Health Agents for America (HAFA) trade group as saying agents are being suspended by CMS after being flagged by a mysterious algorithm that no one can figure out. The story quotes HAFA president Ronnell Nolan as surmising, “maybe they wrote too many policies on the same day for people who have the same income or they’re writing too many policies on people of a certain occupation.” Nolan continued, “We have members who have thousands of ACA clients. They can’t update or renew their clients. So those consumers have lost access to their professional agent, which is simply unfair.” Ron Hurtibise covers business and consumer issues for the South Florida Sun Sentinel. He can be reached by phone at 954-356-4071, on Twitter @ronhurtibise or by email at rhurtibise@sunsentinel.com.‘Stinks’: Ire after major coalmines decision
NoneGakdeng scores 21 with 12 rebounds, No. 17 UNC women beat Miami 69-60
Eagles WR DeVonta Smith (hamstring) ruled out vs. Rams
NEW YORK — President-elect Donald Trump’s lawyers formally asked a judge Monday to throw out his hush money criminal conviction , arguing continuing the case would present unconstitutional “disruptions to the institution of the Presidency.“ In a filing made public Tuesday, Trump’s lawyers told Manhattan Judge Juan M. Merchan that dismissal is warranted because of the “overwhelming national mandate granted to him by the American people on November 5, 2024.” They also cited President Joe Biden’s recent pardon of his son, Hunter Biden, who was convicted of tax and gun charges . “President Biden asserted that his son was ‘selectively, and unfairly, prosecuted,’ and ‘treated differently,’" Trump’s legal team wrote. The Manhattan district attorney, they claimed, engaged in the type of political theater "that President Biden condemned.” Prosecutors will have until Dec. 9 to respond. They have said they will fight any efforts to dismiss the case but indicated a willingness to delay the sentencing until after Trump’s second term ends in 2029. Former President Donald Trump walks to make comments to members of the news media May 30 after a jury convicted him of felony crimes for falsifying business records in a scheme to illegally influence the 2016 election at Manhattan Criminal Court in New York. In their filing Monday, Trump's attorneys dismissed the idea of holding off sentencing until Trump is out of office as a “ridiculous suggestion.” Following Trump’s election victory last month, Merchan halted proceedings and indefinitely postponed his sentencing, previously scheduled for late November, to allow the defense and prosecution to weigh in on the future of the case. He also delayed a decision on Trump’s prior bid to dismiss the case on immunity grounds. Trump has been fighting for months to reverse his conviction on 34 counts of falsifying business records to conceal a $130,000 payment to porn actor Stormy Daniels to suppress her claim that they had sex a decade earlier. He says they did not and denies wrongdoing. Taking a swipe at Bragg and New York City, as Trump often did throughout the trial, the filing argues that dismissal would also benefit the public by giving him and “the numerous prosecutors assigned to this case a renewed opportunity to put an end to deteriorating conditions in the City and to protect its residents from violent crime.” Clearing Trump, the lawyers added, also would allow him to “to devote all of his energy to protecting the Nation.” The defense filing was signed by Trump lawyers Todd Blanche and Emil Bove, who represented Trump during the trial and since were selected by the president-elect to fill senior roles at the Justice Department. A dismissal would erase Trump’s historic conviction, sparing him the cloud of a criminal record and possible prison sentence. Trump is the first former president to be convicted of a crime and the first convicted criminal to be elected to the office. Trump takes office Jan. 20. Merchan hasn’t set a timetable for a decision. Merchan could also decide to uphold the verdict and proceed to sentencing, delay the case until Trump leaves office, wait until a federal appeals court rules on Trump’s parallel effort to get the case moved out of state court or choose some other option. Prosecutors cast the payout as part of a Trump-driven effort to keep voters from hearing salacious stories about him. Trump’s then-lawyer Michael Cohen paid Daniels. Trump later reimbursed him, and Trump’s company logged the reimbursements as legal expenses — concealing what they really were, prosecutors alleged. Trump pledged to appeal the verdict if the case is not dismissed. He and his lawyers said the payments to Cohen were properly categorized as legal expenses for legal work. A month after the verdict, the Supreme Court ruled that ex-presidents can’t be prosecuted for official acts — things they did in the course of running the country — and that prosecutors can’t cite those actions to bolster a case centered on purely personal, unofficial conduct. Trump’s lawyers cited the ruling to argue that the hush money jury got some improper evidence, such as Trump’s presidential financial disclosure form, testimony from some White House aides and social media posts made during his first term. Prosecutors disagreed and said the evidence in question was only “a sliver” of their case. If the verdict stands and the case proceeds to sentencing, Trump’s punishments would range from a fine to probation to up to four years in prison — but it’s unlikely he’d spend any time behind bars for a first-time conviction involving charges in the lowest tier of felonies. Because it is a state case, Trump would not be able to pardon himself once he returns to office. Presidential pardons apply only to federal crimes. Republican presidential nominee former President Donald Trump, with Melania Trump and Barron Trump, arrives to speak at an election night watch party, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump speaks at an election night watch party, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Julia Demaree Nikhinson) Republican presidential nominee former President Donald Trump arrives at an election night watch party at the Palm Beach Convention Center, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump speaks as Melania Trump looks on at an election night watch party, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Alex Brandon) Republican Presidential nominee former President Donald Trump arrives with former first lady Melania Trump and son Barron Trump at the Palm Beach County Convention Center during an election night watch party, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Lynne Sladky) Republican presidential nominee former President Donald Trump speaks as former first lady Melania Trump listens after they voted on Election Day at the Morton and Barbara Mandel Recreation Center, Tuesday, Nov. 5, 2024, in Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump speaks as former first lady Melania Trump listens after they voted on Election Day at the Morton and Barbara Mandel Recreation Center, Tuesday, Nov. 5, 2024, in Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump speaks as former first lady Melania Trump listens after they voted on Election Day at the Morton and Barbara Mandel Recreation Center, Tuesday, Nov. 5, 2024, in Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump speaks after voting on Election Day at the Morton and Barbara Mandel Recreation Center, Tuesday, Nov. 5, 2024, in Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump speaks after voting on Election Day at the Morton and Barbara Mandel Recreation Center, Tuesday, Nov. 5, 2024, in Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump speaks after voting on Election Day at the Morton and Barbara Mandel Recreation Center, Tuesday, Nov. 5, 2024, in Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump visits his campaign headquarters, Tuesday, Nov. 5, 2024, in West Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump, joined by, from right, Melania Trump and Barron Trump, arrives to speaks at an election night watch party, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Alex Brandon) Republican presidential nominee former President Donald Trump arrives to speak at an election night watch party, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Alex Brandon) Republican Presidential nominee former President Donald Trump arrives with =former first lady Melania Trump and son Barron Trump at the Palm Beach County Convention Center during an election night watch party, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Lynne Sladky) Republican presidential nominee former President Donald Trump arrives at an election night watch party at the Palm Beach Convention Center, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump arrives at an election night watch party at the Palm Beach Convention Center, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump speaks at an election night watch party, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Alex Brandon) Republican presidential nominee former President Donald Trump arrives at an election night watch party at the Palm Beach Convention Center, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump speaks at an election night watch party, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Alex Brandon) Republican presidential nominee former President Donald Trump arrives at an election night watch party at the Palm Beach Convention Center, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump speaks as former first lady Melania Trump listens after they voted on Election Day at the Morton and Barbara Mandel Recreation Center, Tuesday, Nov. 5, 2024, in Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump speaks after voting on Election Day at the Morton and Barbara Mandel Recreation Center, Tuesday, Nov. 5, 2024, in Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump speaks at an election night watch party, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Alex Brandon) Republican presidential nominee former President Donald Trump and former first lady Melania Trump walk after voting on Election Day at the Morton and Barbara Mandel Recreation Center, Tuesday, Nov. 5, 2024, in Palm Beach, Fla. (AP Photo/Evan Vucci) Republican presidential nominee former President Donald Trump and former first lady Melania Trump walk after voting on Election Day at the Morton and Barbara Mandel Recreation Center, Tuesday, Nov. 5, 2024, in Palm Beach, Fla. (AP Photo/Evan Vucci) Get the latest in local public safety news with this weekly email.NEW YORK (AP) — Wall Street is set to break more records Monday as U.S. stocks rise to add to last week’s gains. The S&P 500 was 0.2% higher, as of 3 p.m. Eastern time, and sitting just below its all-time high set two weeks ago. The Dow Jones Industrial Average added 397 points, or 0.9%, to its own record set on Friday, while the Nasdaq composite was 0.1% higher. Treasury yields also eased in the bond market amid what some analysts called a “Bessent bounce” after President-elect Donald Trump said he wants , a hedge fund manager, to be his Treasury Secretary. Bessent has argued for reducing the U.S. government’s deficit, which is how much more it spends than it takes in through tax and other revenue. Such an approach could soothe that Trump’s policies may lead to a much bigger deficit, which in turn would put upward pressure on Treasury yields. After climbing above 4.44% immediately after Trump’s election, the yield on the 10-year Treasury fell back to 4.26% Monday and down from 4.41% late Friday. That’s a notable move, and lower yields help make it cheaper for all kinds of companies and households to borrow money. They also give a boost to prices for stocks and other investments. That helped stocks of smaller companies lead the way, and the Russell 2000 index of smaller stocks jumped 2%. It’s set to top its all-time high, which was set three years ago. Smaller companies can feel bigger boosts from lower borrowing costs because of the need of many to borrow to grow. The two-year Treasury yield, which more closely tracks the market’s expectations for what the Federal Reserve will do with overnight interest rates, also eased sharply. The Fed began just a couple months ago from a two-decade high, hoping to keep the after bringing high to its 2% target. But immediately after Trump’s victory, traders had reduced bets for how many cuts the Fed may deliver next year. They were worried Trump's preference for lower tax rates and higher spending on the border would balloon the national debt. . A report coming on Wednesday could influence how much the Fed may cut rates. Economists expect it to show that an underlying inflation trend the Fed prefers to use accelerated to 2.8% last month from 2.7% in September. Higher inflation would make the Fed more reluctant to cut rates as deeply or as quickly as it would otherwise. Goldman Sachs economist David Mericle expects that to slow by the end of next year to 2.4%, but he said inflation would be even lower if not for expected tariff increases on imports from China and autos favored by Trump. In the stock market, jumped 19.1% after delivering stronger profit for the latest quarter than analysts expected. The seller of personal care products and home fragrances also raised its financial forecasts for the full year, even though it still sees a “volatile retail environment” and a shorter holiday shopping season this year. Much focus has been on how resilient U.S. shoppers can remain, given high prices across the economy and still-high interest rates. Last week, two major retailers sent mixed messages. after giving a dour forecast for the holiday shopping season. It followed , which gave a much more encouraging outlook. Another big retailer, Macy’s, said Monday its sales for the latest quarter were in line with its expectations, but it will delay the release of its full financial results. It found a and it needs more time to complete its investigation. Macy’s stock fell 2.9%. Among the market's leaders were several companies related to the housing industry. Monday's drop in Treasury yields could translate into easier mortgage rates, which could spur activity for housing. Builders FirstSource, a supplier or building materials, rose 6.2%. Homebuilders, D.R. Horton, PulteGroup and Lennar all rose at least 5.8%. In stock markets abroad, indexes moved modestly across much of Europe after finishing mixed in Asia. In the crypto market, was trading around $96,800 after threatening to hit $100,000 late last week for the first time. AP Business Writer Elaine Kurtenbach contributed.XINTC – A groundbreaking Dutch electrolyser design is now poised for global deployment On Monday, 9 December 2024, the Minister for Climate and Sustainable Growth, Mrs. , will officially open the H2 Experience Centre in Kootwijkerbroek, The Netherlands. This event will symbolically mark the global launch of a pioneering electrolyser design, a significant milestone in the advancement of hydrogen technology. The establishment of the H2 Experience Centre has been made possible through the support of the National Growth Fund GroenvermogenNL. Propelled by the vision of creating a sustainable future for future generations, XINTC is committed to advancing technologies that will help secure hydrogen’s role as a key clean energy carrier within the global energy mix. Hydrogen presents an excellent alternative to traditional fossil fuels such as natural gas and diesel, offering vast potential for a wide range of applications. Electrolysers are advanced devices that use electricity to split water into hydrogen and oxygen. Traditionally, these devices are highly specialized, built to customer specifications, and rely on expensive components, making hydrogen production costly. XINTC is proud to announce a groundbreaking innovation in the field: the development of an all-plastic gas module (stack) that eliminates the need for critical metals, membranes, and seals. This advancement enables the mass production of electrolysers and ensures that the gas modules are virtually maintenance-free. As a result, the cost of hydrogen production can be significantly reduced, opening new opportunities for scaling up hydrogen adoption globally. the latest news shaping the hydrogen market at XINTC – A groundbreaking Dutch electrolyser design is now poised for global deployment SolydEra and Dynelectro Formalise Strategic Partnership for 1 MW Solid Oxide Electrolyser Delivery PERGINE VALSUGANA, Italy and VIBY ZEALAND, Denmark, November 18th, 2024 SolydEra and Dynelectro have transitioned... Ren-Gas Selects Sunfire Electrolyzer for Its Tampere E-Methane Plant Dresden / Tampere, November 19, 2024 – Ren-Gas is excited to announce the selection of Sunfire as one of the key technology providers for the Tampere... IMI to showcase safety-oriented design for containerised PEM electrolysers at Berlin Electrolyser Conference IMI will showcase its IMI VIVO Electrolyser at the Berlin Electrolyser Conference, with the 7th edition of the...
-- 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. 19, 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 [1] "Total VIP members" refers to the total number of members registered on Jowell's platform as of June 30, 2024 and June 30, 2023. [2] "LHH stores" refers to the brand name of "Love Home Store". Authorized retailers may operate as independent 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. First Half 2024 Financial Results 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 $11.1 million , or 182.1%, as compared to the same period of 2023. The increase in health and nutritional supplements revenue was mainly due to the increase in sales of premium brand health and nutritional supplements. We have stepped up our promotions on these items during the Chinese New Year holidays in the first half of 2024 in an attempt to offer more promotional discounts in response to the overall market downturn. First Half Ended June 30 % 2024 2023 change Revenues (in thousands, except for percentages) US$ US$ YoY* Product sales • Cosmetic products 19,768.5 29,495.5 (33.0 %) • Health and nutritional supplements 17,190.7 6,094.2 182.1 % • Household products 48,438.7 48,473.1 (0.1 %) • Others 286.4 343.4 (16.6 %) Total 85,684.3 84,406.2 1.5 % * YOY—year over year Total cost and operating expenses were $89.6 million in the first half of 2024, a decrease of 1.5% from $91.0 million in the same period of 2023. Operating Loss 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: IR@1juhao.com Jowell Global Ltd. CONDENSED CONSOLIDATED BALANCE SHEETS June 30, December 31, 2024 2023 (Unaudited) ASSETS Current Assets: Cash $ 805,344 $ 1,250,281 Accounts receivable, net 2,344,481 2,401,056 Accounts receivable - related parties - 47,040 Advance to suppliers 10,050,688 3,506,432 Advance to suppliers - related parties 12,493,792 9,874,545 Inventories 4,508,515 8,198,402 Prepaid expenses and other current assets 1,075,591 1,384,758 Total current assets 31,278,411 26,662,514 Long-term investment 3,709,340 3,888,377 Property and equipment, net 845,579 681,942 Intangible assets, net 532,810 634,655 Right of use lease assets, net 1,506,729 2,019,300 Other non-current asset 638,723 895,775 Deferred tax assets 512,175 515,364 Total Assets $ 39,023,767 $ 35,297,927 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Short-term loan $ 210,473 $ 423,567 Accounts payable 2,791,515 3,765,230 Accounts payable - related parties 280,530 194,818 Deferred revenue 11,691,812 2,309,957 Deferred revenue - related parties 40,000 47,059 Current portion of operating lease liabilities 1,475,947 942,989 Accrued expenses and other liabilities 975,072 782,048 Due to related parties 414,585 528,472 Taxes payable 1,487 58,233 Total current liabilities 17,881,421 9,052,373 Non-current portion of operating lease liabilities - 1,032,235 Total liabilities 17,881,421 10,084,608 Commitments and contingencies Equity Common stock, $0.0016 par value, 450,000,000 shares authorized, 2,170,475 issued and outstanding at June 30, 2024 and December 31, 2023, respectively * 3,473 3,473 Preferred stock, $0.0016 par value, 50,000,000 shares authorized, 46,875 issued and outstanding at June 30, 2024 and December 31, 2023, respectively * 75 75 Additional paid-in capital 52,687,182 52,687,182 Statutory reserves 394,541 394,541 Accumulated deficit (29,768,863) (26,039,567) Accumulated other comprehensive loss (2,153,720) (1,843,970) Total Jowell Glob-- 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. 19, 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 [1] "Total VIP members" refers to the total number of members registered on Jowell's platform as of June 30, 2024 and June 30, 2023. [2] "LHH stores" refers to the brand name of "Love Home Store". Authorized retailers may operate as independent 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. First Half 2024 Financial Results 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 $11.1 million , or 182.1%, as compared to the same period of 2023. The increase in health and nutritional supplements revenue was mainly due to the increase in sales of premium brand health and nutritional supplements. We have stepped up our promotions on these items during the Chinese New Year holidays in the first half of 2024 in an attempt to offer more promotional discounts in response to the overall market downturn. First Half Ended June 30 % 2024 2023 change Revenues (in thousands, except for percentages) US$ US$ YoY* Product sales • Cosmetic products 19,768.5 29,495.5 (33.0 %) • Health and nutritional supplements 17,190.7 6,094.2 182.1 % • Household products 48,438.7 48,473.1 (0.1 %) • Others 286.4 343.4 (16.6 %) Total 85,684.3 84,406.2 1.5 % * YOY—year over year Total cost and operating expenses were $89.6 million in the first half of 2024, a decrease of 1.5% from $91.0 million in the same period of 2023. Operating Loss 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: IR@1juhao.com Jowell Global Ltd. CONDENSED CONSOLIDATED BALANCE SHEETS June 30, December 31, 2024 2023 (Unaudited) ASSETS Current Assets: Cash $ 805,344 $ 1,250,281 Accounts receivable, net 2,344,481 2,401,056 Accounts receivable - related parties - 47,040 Advance to suppliers 10,050,688 3,506,432 Advance to suppliers - related parties 12,493,792 9,874,545 Inventories 4,508,515 8,198,402 Prepaid expenses and other current assets 1,075,591 1,384,758 Total current assets 31,278,411 26,662,514 Long-term investment 3,709,340 3,888,377 Property and equipment, net 845,579 681,942 Intangible assets, net 532,810 634,655 Right of use lease assets, net 1,506,729 2,019,300 Other non-current asset 638,723 895,775 Deferred tax assets 512,175 515,364 Total Assets $ 39,023,767 $ 35,297,927 LIABILITIES AND STOCKHOLDERS' EQUITY Current Liabilities: Short-term loan $ 210,473 $ 423,567 Accounts payable 2,791,515 3,765,230 Accounts payable - related parties 280,530 194,818 Deferred revenue 11,691,812 2,309,957 Deferred revenue - related parties 40,000 47,059 Current portion of operating lease liabilities 1,475,947 942,989 Accrued expenses and other liabilities 975,072 782,048 Due to related parties 414,585 528,472 Taxes payable 1,487 58,233 Total current liabilities 17,881,421 9,052,373 Non-current portion of operating lease liabilities - 1,032,235 Total liabilities 17,881,421 10,084,608 Commitments and contingencies Equity Common stock, $0.0016 par value, 450,000,000 shares authorized, 2,170,475 issued and outstanding at June 30, 2024 and December 31, 2023, respectively * 3,473 3,473 Preferred stock, $0.0016 par value, 50,000,000 shares authorized, 46,875 issued and outstanding at June 30, 2024 and December 31, 2023, respectively * 75 75 Additional paid-in capital 52,687,182 52,687,182 Statutory reserves 394,541 394,541 Accumulated deficit (29,768,863) (26,039,567) Accumulated other comprehensive loss (2,153,720) (1,843,970) Total Jowell GlobNone
Black Friday 2024 is officially here! This is the moment we’ve all waited for and we’re finally shopping like it is our job. Because it is ! As we have with the last two Prime Days , our shopping and deals crew has rounded up the top items we’ve decided to buy this week during all of the big Black Friday deals . We’ve got a decade of experience with shopping online and watching Black Friday sales, so these are our predictions for products we expect to see on sale this week. Some of these hot-ticket items are also expected to sell out fast . We saw an early Black Friday Dyson Airwrap deal sell out in a day just a few weeks ago. Each member of the team has narrowed down some of the top coveted items we’re hoping to snag at a discounted rate during all of these Black Friday sales. New skincare from Paula’s Choice , Belif and BIODANCE I plan to restock my skincare lineup when Belif, BIODANCE, and Paula's Choice run their Black Friday deals. Amazon I’m Ana, the manager of the Content Innovation & Digital Growth team, and I am still trying to recover from the days of using St. Ive’s face wash and over-exfoliating my skin. I wait all year and snag everything during Black Friday or Prime Day to stock up on what I need. Black Friday always tends to be the best day to score the biggest deals on the brands I love, like Paula’s Choice , Belif , and BIODANCE . The big bottle of Paula’s Choice SKIN PERFECTING 2% BHA Liquid Salicylic Acid Exfoliant is normally a whopping $35, but for Black Friday it is down to $27. While Paula’s Choice has markdowns, I’ll also snag some of their C15 Super Booster (24% off) to help get rid of hyperpigmentation on my skin. I’ve read online these two are like a power duo to minimize the appearance of pores and help bring more life to your skin. These might just be buzzwords, but they’re working on me. For the last three Black Fridays, I’ve bought this belif The True Cream Moisturizing Eye Bomb for anywhere between 30% to 50% off and I plan to do the same in 2024. It always lasts me the full year, since I use it only at night and I’ve never had an issue with it in all of these years. It is perfect for my sensitive skin and keeps the skin around my eyes soft and smooth. I’ll probably pick up the brand’s Cooling Eye Gel for a morning pick-me-up since it is 34% off. As I’ve mentioned before, I am the TikTok-obsessed member of my team. That means I got sucked into trying BIODANCE Bio-Collagen Real Deep Mask , and the hype is real. This mask is like a breath of fresh air for my skin. It is so intensely hydrating, which means I need to snag as many discounted packs as I can get ahead of the cold winter months. A 4-pack is currently 32% off for Black Friday, while the 16-pack is 30% off. A new pair of HOKA Clifton 9 sneakers I'm hoping to score a great deal on the HOKA Clifton 9 during Black Friday sales this week. HOKA For me, Black Friday is typically a restock time. I don’t want a PS5 or a new TV, I want to replace my favorite things that desperately need it. I am a HOKA girlie and have been for years now. I’ve worn my Clifton 9 sneakers into the ground. Literally . The bottoms of my soles have officially worn out around the toes and I need to put my current pair to rest. I have a pair of Bondi 8 sneakers but have found those are better suited for my 30,000 step days in Disney World and my HOKA Clifton 9 sneakers are my preferred shoe for walks around my neighborhood and at my Rumble boxing classes. My current pair is just the classic Black/White colorway , and I want to restock those exact sneakers. But, if I were to see these on super sale, I’d be inclined to snag two pairs and get a new color as well, I’ve got my eye on the Sunlit Ocean / Lilac Mist and Frost / Rose Gold colorways. A slew of Amika hair products Another restock I plan to do for Black Friday is on Amika haircare, when the brand slashes prices by around 30% off. Amazon I wasn’t kidding that Black Friday has a recurring theme for me: restocking. The final thing I plan to restock is my Amika staples. I have been growing my hair out for years and it has been a success in large part due to investing in quality hair products, and Amika is a brand I’ve grown obsessed with over the last few years, but it comes with a hefty price tag. The Top 2 Amika products that I’m planning to grab when they go on sale are the Amika Hydro Rush Intense Moisture Leave-In Conditioner and Amika Soulfood Nourishing Mask . Both smell absolutely amazing and leave my hair feeling softer than ever. I tend to use the mask once a week and then use the leave-in conditioner every few days, I’d love to use it daily but at $29 per 200 ml, I try to conserve it. I’ve got my eye on the Amika Power Hour Curl Refreshing Spray to see if it goes on sale as well because I’m always on the hunt for a good curl product. Solo Stove Yukon Smokeless Fire Pit I plan to buy the Yukon Backyard Bundle while it is currently marked down by $290 for Black Friday. Solo Stove Hi, I’m Dawn, one of our team’s Shopping Tips & Deals writers and this is going to be a stellar year for Black Friday savings. I’m already seeing so many cheap sale prices, but I have my sights set on a few key items for the holidays. At the very top of my Black Friday shopping list is a Solo Stove Smokeless Fire Pit . This is a major splurge and I’d be remiss if I didn’t mention it’s been on the wishlist since summer. Our current fire pit burnt its last fire in early June and my husband and I’ve been mulling over a new one ever since. But unlike last time, we’re going big with the Solo Stove Yukon Smokeless Fire Pit . This fire pit carries a hefty price tag normally ($450) and if you decide to go with the Backyard Bundle like we are, it’ll cost you $940. But Solo Stove has big savings on its smokeless fire pits for Black Friday and the Yukon Backyard Bundle is $290 off, dropping its price to $650. Normally, I’d balk at the price but there are a few additional factors in this decision. First, the Yukon Backyard Bundle has everything (removable base plate, ash pan, shield, stand, lid, and shelter). So, instead of piecing all the accessories together afterward, you get them all in a bundle at a discounted price. Second, this fire pit is “smokeless,” and if you’ve ever seen the meme, no matter where I sit the smoke follows me. Yes, that is my superpower. Lastly, this fire pit has a lifetime warranty and I’m not buying another one ever again. The viral Orolay Down Jacket The Orolay Women's Thickened Down Jacket is 45% off on Amazon for Black Friday. Amazon More out of necessity than style, I’m grabbing the Viral Orolay Down Jacket for Black Friday. This viral jacket has sold out so many times on Amazon, I’ve lost count, but I’m expecting it to sell out again this year. The main reason this jacket is on my Black Friday wishlist is for warmth. I want a jacket that’s extremely warm to layer up with this winter. I am done freezing to get the mail, walk the dogs, take the garbage out, and run to my car in the snow and ice. I just want to be warm and this jacket looks like it will fit the bill. With over 28,000 positive ratings, the Orolay Down Jacket has become a fan favorite with its wind-resistant and waterproof design. It’s touted for its fleece-lined hood, numerous pockets, and fitted wristbands that keep the cold out. Reviewers have said, “Very warm, stylish, soft, and full of down for a cold winter,” and I hope when it arrives, I’ll agree. Currently, the Orolay Down Jacket is on sale for 45% off on Amazon, and I don’t expect it to creep any lower before the holidays. This one’s already in my cart in green. The kitchen essential Our Place Always Pan 2.0 The Always Pan is currently $55 off at Our Place for Black Friday. Our Place I waited a long time to finally decide that I needed and deserved the Our Place Always Pan . I’ve seen the commercials, read the articles, seen it in action online, and lusted over it on my social feed. But finally, I am giving into temptation and buying what I now consider an essential part of dinner planning and preparation. If you’re not familiar with the Always Pan , this famous pan replaces 10 pieces of cookware, including your fry pan, saute pan, steamer, roasting dish, baking dish, skillet, saucier, nonstick pan, spatula, and spoon rest. So, basically, this is the only pan you’ll ever need (or rather I’ll need) to cook with. This is also a viral product that has sold out multiple times since its release back in 2019. Now in its second generation, the Always Pan 2.0 has a toxic-free design, is oven-safe up to 450 degrees, and is just so nice to look at with a variety of colors to choose from. Thankfully, Our Place is having a Black Friday sale with the “lowest prices of the year” and the Always Pan 2.0 is now $95, instead of $150, for a savings of $55 off. So, this one is getting wrapped up under the tree just for me (in Spice). BÉIS best-selling luggage BÉIS luggage is at the top of my list, because I’ve written about the brand so many times, I know I finally need to join the party. BÉIS Hi, I’m Danielle, another Shopping & Commerce Writer on our Content Innovation team. To be completely honest, I’m not planning any huge frivolous Black Friday purchases this year because my husband and I spent a nice chunk of change on an end-of-year vacation for our 10-year wedding anniversary and we’re Christmas shopping for three kiddos already. I have a few things that I’d be happy to buy, though, if the price is too good to pass up. BÉIS luggage is at the top of my list because I’ve written about the brand so many times, I know I finally need to join the party. The last time we got new luggage was right before our wedding and, while the soft-side Samsonite 3-piece has served us well over the last decade, it’s high time we invested in some hard-shell suitcases. BÉIS has some of the sleekest carry-ons and check-in luggage around, and the neutral colors are trendy, but totally timeless, too. So, I’ve been thinking about snagging a Large Check-In Roller , a Medium Check-In Roller , and a Carry-On Roller for our family of five. BÉIS already has bundling offers where you can get 10% off when you combine two rollers and 15% off when you combine three rollers, but I’d love to see each piece 20-25% off for Black Friday, which would bring my total expense down by over $200 (reduced to well under $700). We’re thinking about a trip to Disney next year, so I might even take the opportunity to stock up on some kids’ luggage and backpacks for my little mousketeers , as well. The Real Life Play Kitchen from Lovevery At $300, this definitely isn’t a cheap gift, but Lovevery is offering up to 25% off sitewide / holiday bundle savings for Black Friday/Cyber Monday. Lovevery My youngest, who is two years old now, was a Lovevery baby through and through. He had Play Kits for every developmental stage, and we’ve passed everything down to my sister for her newborn to use as he grows up. Even my middle child, my little girl — who is 5 years old now — got an incredible amount of use out of her 4-year-old Play Kit last year. I have hyped the brand for years, telling parents, friends, and family members how amazing all of the playthings, books, and activity mats are, so I was so excited to hear about The Real Life Play Kitchen coming out. Designed for toddlers aged 18 months and older, this adorable pretend and practical play mini kitchen is a perfect Christmas present for my son — I can already picture it in the middle of his presents with a huge bow on it. What sets this play kitchen apart is its thoughtful design, which takes inspiration from always-popular water tables and trendy sensory bins. The sink has a gentle water flow and a spill-proof basin, so when the littles are playing, they won’t be making too big of a mess. The child-sized utensils and food-grade accessories, like a colander and cutting board, also lets toddlers and preschoolers mimic grown-up activities in a safe and scaled-down environment. Plus, the interchangeable colored and patterned backsplashes — six of them — add a personalized and highly aesthetic touch. I’m seriously obsessed with this kitchen because it’s not obnoxiously primary-colored or blaring with earworm-y songs or sounds and it encourages creativity and a sense of responsibility. I can imagine my little guy rinsing vegetables, chopping pretend food and drying dishes, and I can only hope those simple building blocks breed important life skills, cooperation and the concept of everyone in our family having a role and contributing. At $300, this definitely isn’t a cheap gift , but Lovevery is offering up to 25% off sitewide / holiday bundle savings for Black Friday/Cyber Monday. This first-time-ever move for the brand is knocking 10% off spends of $80+, 15% off spends of $125+, 20% off spends of $250 or more and 25% off spends of $500 or more. So, I can get the kitchen for $240, instead $300, through Dec. 8! Beekman 1802 Bloom Cream Daily Face Moisturizer Right now, the Jumbo Bottle is 35% off — $82, down from $108 — but if Black Friday brought an additional 10-15% off in discounts, I’d be sold. Beekman 1802 During this time of year, my hands are usually dry, red, and cracked. And I’ve used every hand lotion and body moisturizer out there to fix the problem, from Kiehl’s and CeraVe to Aveeno and Aesop. I honestly just tried Beekman to placate my mom, who couldn’t stop talking about how great “the goat’s milk beauty products” were, but after only a few days of using the Wicked Defy Gravity Whipped Body Cream (which I was, fortunately, able to sample ahead of the “Wicked” premiere), my hands were changed for the better — well, for the best, really. My skin has never felt softer and more youthful, and I’m a TOTAL convert now. Not only has this whipped body cream gone on without a greasy after feel, but it also absorbs instantly, and it leaves my hands smelling like fruity pebbles in the best way, thanks to the sweet Elphaba-inspired gourmand scent. I’m obsessed with this fluffy paraben and sulfate-free rich goat milk and creamy butter salve, and I’ll be heartbroken when the container is wiped clean. So, I plan on replenishing the “Elphie lotion mommy loves!” and also stocking up on some other hero body creams . While I’m at it, I’d also love to try Beekman’s famous Bloom Cream Daily Face Moisturizer with moisturizing goat’s milk, hydrating and pore-minimizing niacinamide. The company says this bestselling “elegant, lightweight formula is designed to work on all skin types and it literally blooms out of the bottle with every pump.” And if it works in any way like the Whipped Body Cream, then I will become a customer for life. Right now, the Jumbo Bottle is 35% off — $82, down from $108 — but if Black Friday brought an additional 10-15% off in discounts, I’d be sold. TCL 50-Inch Class S5 UHD 4K LED Smart TV with Fire TV (2024 Model) Amazon has the TCL 55" TV on sale of the lowest price of the year for Black Friday. Amazon I’m Victoria Rosenthal, associate editor for SEO/commerce on the Content Innovation Team. My TV is a relic from my college years. Despite it being an old geezer, it has withstood the test of time — 12 years to be exact. This 21-inch Samsung flat-screen has seen it all: all-nighters, breakups, procrastination, (not great) dorm room dance practice, Beyonce’s Super Bowl Halftime Show, the whole final season of “Breaking Bad.” Although this baby has been at my side for over a decade, it’s time for an upgrade. That upgrade won’t be so difficult or pricey since I’m going with the latest model of the TCL 50-inch Class S5 UHD 4K LED Smart TV with Fire TV . It’s a big enough size for a bedroom with a renter-friendly footprint. It has enhanced visuals and sound thanks to its 4K UltraHD resolution screen, Dolby Atmos Audio, and Enhanced Dialogue Mode for more intelligible and clear audio. Plus, I can actually enjoy playing video games with my Nintendo Switch , FireTV Stick with the Xbox Game Pass app, PlayStation 2, and PS4 on this larger TV in Auto Game Mode. It automatically turns on when you hook up a gaming console and uses the lowest possible input lag and latency for improved gameplay. It already has a 4-star rating on Amazon and a 4.2-star rating at Best Buy . And you can’t beat Amazon’s Black Friday deal that gives you 23% off, bringing the price down from $300 to $230. As a replacement for my beloved college TV, this one might be a winner. Ticket to Ride Board Game Amazon has “Ticket to Ride” on sale for $25 during its Black Friday sale. Amazon As a board and card game fan, I love trying out as many of them as possible. My favorites range from “13 Dead End Drive” and “Exploding Kittens” to “Jumanji” and “Nightmare The Video Board Game.” But one game I’ve always wanted to play more is “Ticket to Ride.” After playing it once in a board game café, I was hooked. A board game that’s meant to transport you into another world, time, or dimension and immerse you in the story will always be added to my cart. While going cross country to claim the most train lines and points, the competition, strategy, and fast pace bring excitement to the game, unlike some slow-burn titles that one might call boring (cough cough, “Monopoly” ). “Ticket to Ride” is easy to learn so anyone can quickly understand the gameplay and join in. Also, there’s a feature where Amazon Alexa can act as a player for a more immersive experience. She can keep track of gameplay and points and add atmospheric sound effects and music that transports you back to 1910 in the United States. Because of its $55 price point, I’ve always been hesitant to spend that kind of money on a board game. But now that Amazon has “ Ticket to Ride ” on sale for $25 during its Black Friday sale, that’s over half off the retail price. I have no reason not to buy it! The Best Black Friday Deals in 2024 Walmart, Amazon and Target have Nintendo Switch Black Friday deals up to $75 off — but they’re selling out lightning fast Nordstrom Rack’s Black Friday deals have the best ‘Flash Sale’ markdowns on handbags, hair tools, luggage and more Dick’s Sporting Goods Black Friday sale has HOKA, Nike, New Balance, more top sneakers up to 50% off — but only for a limited time Dyson just dropped all of its Black Friday deals, including $100 off the Airwrap and these sales won’t last for long Walmart has the Apple Watch SE 2 on sale for only $149 in a can’t-miss Black Friday deal
London-listed Savannah Resources will accelerate its lithium mine project in northern Portugal to ensure first commercial output in 2027, it said on Thursday, despite uncertainties about price and demand it said were temporary. Some mines around the globe that produce lithium, used in electric vehicle batteries, have curtailed operations or delayed expansions. Prices have dropped by nearly 90% over the last two years as supplies have increased and demand has fallen short of expectations. However, Savannah chairperson Rick Anton said in a statement he looked forward to 2025 "with great confidence", and the company had "all the key elements in place to significantly advance the project". Savannah, which wants to build four open pit mines in the northern Barroso region to extract enough lithium each year for about half a million batteries for EVs, hopes to start production in 2027. Anton said that, despite the "short-term uncertainty" surrounding lithium prices and the energy transition, Savannah, as a pre-production company, "is largely insulated from these issues and can focus firmly on the tasks it has to execute". "The first of these (tasks) is to progress our project as quickly as we can towards production," he said, adding he hoped "to take advantage of the more favourable conditions and higher prices, which will return to the market in the future". He said the recovery should be sustained by the carbon emissions reduction legislation in all major global markets and the status of lithium-ion batteries as the preferred technology for multiple applications. The company has said Barroso's deposit of spodumene is the biggest in Europe and has estimated reserves of 28 million metric tons of high-grade lithium. But the project has put the European Union's ambition to reduce dependence on countries such as China for strategic raw materials to the test as it faces opposition from local residents and environmentalists.Innocan Pharma Announces Encouraging Results from a Safety Assessment Study of LPT-CBD on Minipigs
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