How Trump could spare Biden's renewable energy credits and still cripple his landmark climate billSOUTH BEND — Marcus Freeman didn’t jump around it Monday. The significance of the loss of fifth-year graduate defensive tackle Rylie Mills was not minimized. “You can’t replace Rylie Mills,” Freeman said. “I mean, yes, the production, but the leadership, a captain, very similar to the things I said about Benjamin Morrison when he was out. You feel awful for him as a person, a guy that decided to come back, improve his draft stock, be a captain. “The value he provided this team is tremendous, and he’s done an excellent job as a football player and a leader, but you have to replace the production. You got to replace what he did for our defense in different ways, and so we have capable guys that will step up, that have stepped up all year, that we’re very confident in, and those guys will have a bigger role this week.” Mills, who went down after a sack in the third quarter of Notre Dame’s College Football Playoff first-round game against Indiana a week ago, is now lost for the season. The captain and emotional leader was 32nd in the country in sacks (7.5). No defensive lineman on the Fighting Irish roster has registered more snaps this season. When asked Friday, defensive coordinator Al Golden gave a sharp “never” when asked if he has ever led a defense this plagued by the injury bug. Having lost several pieces this season already, Golden's unit continues to be dominant. Life without Mills will still be a big change. “We just don’t flinch,” Golden said. “At the end of the day, we feel badly for whoever has been injured, in this case, Rylie. Rylie’s meant a lot to this program and obviously the Coach Freeman era, not just necessarily our defense, but just the era itself, just being a leader. “You feel badly for him, but at the same time, we just don’t flinch. We move forward, and it’s time for somebody else to have an opportunity, and I know they’ll be ready.” Heading into Wednesday’s CFP quarterfinal matchup between No. 7-seed Notre Dame (12-1) and No. 2 Georgia (11-2) at the Allstate Sugar Bowl in New Orleans, the Fighting Irish possess the third-best scoring defense (13.8 points allowed per game) and fourth-best pass defense (162.3 pass yards allowed per game). Where the Fighting Irish are less successful, though, is when covering the ground game. Allowing 133 yards rushing per game, it’s the unit Mills made such an impact on that will have to adjust, again. “I think we’re an elite defense, but any good defense we need to be good on both,” defensive lineman Howard Cross III said. “So this is a great challenge, an exciting challenge for all of us. Everyone on defense is extremely excited for this opportunity to play.” Cross made his first appearance since November last week against the Hoosiers. He finished with one assisted tackle. Addressing the injury to his linemate Mills, Cross also mentioned part of being excited for the challenge of facing the Bulldogs comes from the test it brings. “I’m just so excited to have this opportunity,” Cross said. “I know they’re one of, if not the best, interior offensive lines in the nation (and it) makes me more excited. Just being able to go out there and test my skills and just have fun. And I’m emphasizing the fun part for me.” The injury to Mills is the latest for an Irish bunch that has been one of the collective best units in the nation. Golden, a finalist for the 2024 Broyles Award which is given to the top assistant coach in college football, has had to work around major losses to Morrison (Week 7) and defensive linemen Jordan Botelho (Week 3), Boubacar Traore (Week 5) and now Mills. As Georgia prepares to start sophomore quarterback Gunner Stockton as SEC Championship game starter Carson Beck remains sidelined the rest of the season, Golden isn’t going to focus too long on what could have been. Instead, Cross, Gabriel Rubio and Donovan Hinish will be next in line to carry the load. “First of all, Gabe has a ruggedness and a high motor,” Golden said. “The screen play that he made the other day on the perimeter, that forced a third-and-3, I think that’s emblematic of who he is as a player, right?” “I think we’ll look at this as Game 1 to Game 2 for Howard,” Golden said when running through what he saw from Cross’ first game back since November. “We expect a big jump for him in conditioning and really just about every aspect. He looks so much better right now. He’s more comfortable. I can’t speak for him, but it looks like he’s not in pain anymore, so we appreciate him gutting that out the other night, and he’s markedly better now. We just can’t wait to let him go.”
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DENVER — The touchstone wore diamonds and spun gold. Shedeur Sanders, the greatest pure passer to ever run behind Ralphie, takes a Colorado snap for the last time Saturday night. Flex your watches accordingly. “I don’t see how you don’t consider him the best QB that ever played at CU outside of Darian Hagan, because (Hagan) got the national championship,” former Buffs QB Steven Montez, no slouch himself, told me recently when the conversation shifted to Shedeur. “I feel that Hagan having won the national championship, he’ll probably always be No. 1 in my mind. “And then after that, there are some other names in there. Kordell Stewart is someone I think about when I think of all-time (best). But don’t get me wrong, Shedeur is absolutely up there.” The son of CU coach Deion Sanders split the difference between John Elway and Harry Houdini, a dash of Patrick Mahomes with a pinch of Harry Potter. You’ll miss the way he painted the corners like Greg Maddux. The way he made third-and-forevers look like layups, a skill you took for granted — until a Buffs bye week, when 99.8% of Sanders’ peers tripped all over themselves trying to do the same. He was bruised. He was beaten. He was unbowed. Shedeur’s only weakness was occasionally playing the hero for a second or two too long. The only assured way to beat him was to take the rock, run it and hog it until the clock mercifully ran out. Any time was too much time. “Yeah,” Stewart, another Buffs giant, told me earlier this fall, chuckling like a proud uncle. “I’ve got some company.” Julian Lewis, CU’s key high school get from the Class of ’25 and one of the best prep QBs in the country, has been practicing with the Buffs during their Alamo prep, a taster for what’s to come. Like Sanders, he’s been raised for massive moments and big stages. But fair or not, every Buffs signal-caller from now on will feel the shadow of No. 12 looming. Starting with Ju Ju. Shedeur would’ve completed that. Shedeur would’ve seen the rusher. Shedeur would’ve kept the play alive. Shedeur would’ve scored. The younger Sanders is one passing touchdown at the 2024 Alamo Bowl away from tying Montez and Cody Hawkins for CU’s lifetime record of 63 scores. Hawkins did it in 45 games; Montez in 47. Sanders is about to do it in 24. “I will say this: (Shedeur) has shown how resilient he is, considering some of the things I’ve heard him speak on,” Stewart continued. “Shedeur has proven himself to be a top-notch quarterback. If not the best, one of the best two or three quarterbacks in all of college football. And, of course, it’s about winning, right? ... When you win, it makes all of what he’s doing right now to be more worthy. (It helps him) to be recognized, respected, appreciated and most importantly, identified as one of the top quarterbacks in this (draft) that’s coming up.” The Giants (2-13) need Shedeur. The Raiders (3-12) covet him. He’ll be long gone by the seventh pick in the 2025 NFL draft, another CU first. Since the AFL-NFL merger in 1970, only five Buffs players have been drafted to play QB at the next level. Koy Detmer was the last, in 1997, and he waited until the seventh round. Stewart, a second-round pick tapped by Pittsburgh with pick No. 60 in 1995, was the highest. “He’s just so cool and calm in that pocket,” Montez gushed. “And when he steps up, it’s trouble for the defense because somebody’s running open downfield. You get Travis (Hunter) or Jimmy Horn Jr. the ball, no matter where you’re at on the field, they’ve got a chance to go all the way. It looks really easy for him.” The impossible looked routine. You’ll miss that, too. Legends, like diamonds, are forever. ©2024 MediaNews Group, Inc. Visit at denverpost.com . Distributed by Tribune Content Agency, LLC.
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BOSTON (AP) — UConn coach Jim Mora pulled a move that would make Bill Belichick proud while preparing the Huskies to play the notoriously churlish former New England Patriot's next team in his old backyard. Mora and his players were more than 45 minutes late for what was scheduled as a 30-minute media availability a day before Saturday's Fenway Bowl against North Carolina. Mora then gave a non-apology straight out of Belichick’s playbook. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
WEST PALM BEACH, Fla. (AP) — An online spat between factions of Donald Trump's supporters over immigration and the tech industry has thrown internal divisions in his political movement into public display, previewing the fissures and contradictory views his coalition could bring to the White House. The rift laid bare the tensions between the newest flank of Trump's movement — wealthy members of the tech world including billionaire Elon Musk and fellow entrepreneur Vivek Ramaswamy and their call for more highly skilled workers in their industry — and people in Trump's Make America Great Again base who championed his hardline immigration policies.
Almost every week there is a new toxic culture story in the media, and Australia is no exception. Allegations of toxic management have been reported at WiseTech , Country Road Group, Bureau of Meteorology and Sony Australia to name a few. The culture in some parts of Nine (the owner of this masthead) was alleged to be so toxic that employees dubbed it “Punishment Island ”. According to research , almost half the world’s population dreads going to work. That feeling, in the pit of the stomach, of having to work in an environment of uncertainty, fear, poor communication, micromanagement, bullying or daily toxic behaviours can be difficult to bear. No human being should ever suffer at the hands of a bad boss and in situations where you cannot quit. Credit: Andrew Quilty Yet, what the research doesn’t make clear, is that regardless of this feeling of dread, people will show up anyway because, well, they have to. Groceries need to be bought, mortgages or rent need to be paid, children need to be educated or loved ones cared for. Far too often the advice – if you dread going to work – is simply to quit. But for many this is impossible, as the uncertainties are too great or the risks of loss of income too high. So how do you deal with a toxic boss when quitting isn’t an option? In my experience of having worked with individuals in this position there are eight steps I always advise before thinking about taking on the uncertainty of quitting. They are: 1. Look after yourself first. In toxic work situations, your wellbeing needs to be the top priority. Regular exercise, proper nutrition and adequate rest form the foundation of mental resilience. Your physical health directly influences how well you handle workplace challenges. Many toxic bosses have received payouts in the millions for bringing untold misery to the people that report to them. 2. Excellence as protection. Maintaining impeccable work quality to defend against unfair criticism. Model professional behaviour to ensure there can be no blame laid at your door. 3. Document your experiences. Dedicate brief daily moments to record your workplace experiences and feelings. Simple starters such as “My feelings today...“, “What impacted me...” or “Observable actions included...” are a good place to start. This has a two-fold advantage of creating an “audit trail” of how you (and others) are treated and can also help to process your emotions. 4. Open communication channels. If it feels safe enough to do so, engage your manager in professional, focused discussions about specific concerns and potential remedies. Express how their actions or behaviours make you feel. 5. Involve HR. If direct communication with your manager isn’t viable, bring your concerns to your human resources department. Present objective observations (as documented in point number 3) of what you’ve experienced. 6. Consider internal moves. If these approaches prove unsuccessful, explore transfers or temporary assignments within the company to both escape the toxic environment and broaden your experience. 7. Foster relationships. Develop a reliable network of friends, colleagues or mentors who can offer support and perspective when needed. This safety net is essential for navigating difficult times. 8. Define your boundaries. Establish and maintain clear professional limits regarding your time, duties and workplace relationships. Loading If more drastic action is required, then seek professional advice, or if you have witnessed something unlawful, then alert the authorities immediately. I always advise against sharing your experiences on social media. Not only can this bring unwanted attention to you from the media and others, it can also lead to litigation that could destroy your reputation for future work. That said, people often feel they have no other option than to go public to bring their toxic boss to “justice”. However, be aware that how the company chooses to deal with the allegations may not be to your satisfaction. Many toxic bosses have received payouts in the millions for bringing untold misery to people who report to them. No human being should ever suffer at the hands of a bad boss and in situations where you cannot quit (which will always be the best option). Employing the strategies that I have outlined here will not only ensure you manage your mental and physical health but also provide you with an opportunity to deal with your toxic boss. Colin D. Ellis is a five-time best-selling author and culture consultant. His latest book Detox Your Culture will be published in Australia on December 3. The Business Briefing newsletter delivers major stories, exclusive coverage and expert opinion. Sign up to get it every weekday morning . Save Log in , register or subscribe to save articles for later. License this article Workplace culture Opinion Workplace Workplace safety Most Viewed in Business Loading"Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum." Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero in 45 BC "Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 1914 translation by H. Rackham "But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born and I will give you a complete account of the system, and expound the actual teachings of the great explorer of the truth, the master-builder of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because those who do not know how to pursue pleasure rationally encounter consequences that are extremely painful. Nor again is there anyone who loves or pursues or desires to obtain pain of itself, because it is pain, but because occasionally circumstances occur in which toil and pain can procure him some great pleasure. To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage from it? But who has any right to find fault with a man who chooses to enjoy a pleasure that has no annoying consequences, or one who avoids a pain that produces no resultant pleasure?" 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-- 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
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