Lynn Hatem

Lynn Hatem covers world news, culture, and lifestyle for Beijing Times, following the stories and trends shaping contemporary life around the globe.

Moderna Stock Soars 50% After Melanoma Vaccine Succeeds in Phase 3 Trial

Moderna shares surged 50% after its cancer vaccine with Merck delayed melanoma recurrence in a late-stage trial, lifting the broader vaccine sector.

Cerebras Unveils New Server Chip to Speed AI Chatbots, Chase Post-IPO Comeback

Cerebras has launched a new server chip and system designed to accelerate AI chatbots and agents as it seeks a post-IPO comeback in a crowded market.

Quantexa Weighs UK or US IPO as Data Group Eyes Public Listing

British data group Quantexa is exploring a stock market listing in London or New York, in what could be a major UK technology IPO.

Costco Enters Medicare Market With SCAN Group Insurance Plans

Costco is entering the health insurance market, partnering with SCAN Group to offer Medicare Advantage plans to members starting in 2026.

Global Bond Rout Deepens, Turning U.S. Debt Load Into a Political Test

A deepening global bond sell-off is pushing U.S. Treasury yields higher, raising borrowing costs and turning America's debt load into a political test.

Rising U.S. Bond Yields Push Mortgage Rates Higher, Squeezing Home Buyers

Surging long-term U.S. Treasury yields are lifting mortgage and consumer borrowing costs, dealing a fresh blow to home buyers as the bond selloff deepens.

Disney Sues FCC Over Threats to ABC Broadcast Licenses

Disney and ABC have sued the FCC, alleging the regulator's early review of broadcast licenses is an unconstitutional attempt to influence news coverage.

Klarna Stock Plunges 20% as CFO Departs and Volume Outlook Trimmed

Klarna shares fell about 20% after the fintech trimmed its volume outlook and announced its CFO's departure, despite returning to quarterly profit.

Rising Bond Yields Drag S&P 500 Lower for Third Straight Session

Global bond yields climbed to multidecade highs and oil prices rose, pushing the S&P 500 lower for a third straight session as inflation fears returned.

Hims & Hers CEO Rejects FTC Lawsuit, Says Regulators Misunderstand Business

Hims & Hers CEO Andrew Dudum has pushed back against an FTC lawsuit, arguing regulators misunderstand the telehealth company's disruptive business model.

Einride Adds 500 Tesla Semi Trucks to Expand North American Fleet

Einride will deploy 500 Tesla Semi electric trucks across North America, one of the largest commitments to the vehicle as it forecasts faster growth.

Home Depot Beats Q2 Estimates and Backs Outlook Amid Frozen Housing Market

Home Depot topped Wall Street forecasts with $47.86 billion in Q2 revenue as customers focused on smaller projects, reaffirming its full-year guidance.

Shein Slashes Hong Kong IPO Valuation to $25 Billion

Shein has slashed its Hong Kong IPO valuation target to as low as $25 billion, down sharply from earlier ambitions of $30-40 billion.

Treasury Yields Climb as Investors Brace for Fed Minutes and Jackson Hole

U.S. Treasury yields climbed as investors awaited Federal Reserve meeting minutes and the Jackson Hole symposium for clues on the interest rate path.

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