Lynn Hatem

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

Total Solar Eclipse Sweeps Europe and Arctic, Sending Hotel Prices Past $1,000

A rare total solar eclipse crossed Europe, Iceland and the Arctic on August 12, drawing millions and pushing some hotel prices above $1,000 a night.

Bob Iger, Josh Kushner Buy Los Angeles Lakers in Record $12.5 Billion Deal

Bob Iger and Josh Kushner are buying the Los Angeles Lakers for a record $12.5 billion, pending NBA board approval, in the second sale within a year.

Wendy’s Stock Surges 12% on Nelson Peltz Take-Private Bid

Wendy's shares jumped 12% after a report that Nelson Peltz's Trian Fund Management is preparing an offer to take the burger chain private.

Bank of America Invests $1.9 Billion for 49.9% Stake in Jio Financial Unit

Bank of America is investing $1.9 billion for a 49.9% stake in a lending unit of India's Jio Financial Services, one of the sector's largest deals.

Paramount Floats CNN Sale to Settle California Suit Over Warner Bros. Deal

Paramount Skydance says selling CNN is "on the table" to resolve a California suit challenging its pursuit of Warner Bros. Discovery.

Google Reshuffles AI Leadership to Accelerate Gemini Development and Product Race

Google has overhauled its AI leadership, consolidating research and product teams to accelerate Gemini development and compete more aggressively in the sec

SpaceX Shares Soar 11% as Wall Street Backs Musk’s AI Push

SpaceX shares jumped 11% as Wall Street bet on Elon Musk's push into 'real-world' AI, tying the rocket maker's valuation to its xAI and Grok ambitions.

Lumentum Jumps 15% on Blowout Earnings, Lifting Coherent and Corning

Lumentum shares surged about 15% on blowout earnings, lifting Coherent, Corning and other AI infrastructure names as optical demand accelerates.

Cerebras Stock Falls 14% Despite Raised AI Chip Guidance and Revenue Beat

Cerebras Systems shares dropped about 14% after beating second-quarter revenue estimates and raising its full-year AI chip guidance.

Most Japanese Firms Have Yet to Fully Adopt AI, Reuters Poll Finds

A Reuters survey finds most Japanese companies have yet to fully embrace AI, with risk aversion, legacy systems and talent shortages slowing adoption.

Ford Shifts Lincoln Production From China to U.S. by 2030

Ford will shift production of its Lincoln luxury vehicles from China to the United States beginning in 2030, signaling a major manufacturing realignment.

KOSPI Enters Bull Market, Rebounding 20% From July Low on Chip Rally

South Korea's Kospi entered a technical bull market Thursday, rebounding about 20% from its July low as SK Hynix and Samsung led a renewed AI chip rally.

Super Micro Surges Premarket on Strong Outlook, H&R Block Jumps on Earnings

Super Micro Computer shares jumped premarket after raising its outlook, while H&R Block surged on strong earnings and CoreWeave and Coherent posted big mov

Eli Lilly Sues Six Companies Over Illegal Sales of Experimental Obesity Drug

Eli Lilly has sued six companies for allegedly selling versions of retatrutide, an experimental obesity drug still under clinical development and unapprove

- A word from our sponsors -

spot_img

Follow us