Lynn Hatem

Lynn Hatem covers world news, culture, and lifestyle for Beijing Times, following the stories and trends shaping contemporary life around the globe.
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Blanche Attorney General Nomination Faces Delay as Cornyn Demands IRS Settlement Assurances

Todd Blanche's attorney general nomination faces delay as Sen. John Cornyn demands assurances over the settlement of Trump's lawsuit against the IRS.

Carvana Shares Slide 15% as 2026 Guidance Falls Short of Wall Street Forecasts

Carvana shares fell about 15% after its full-year earnings guidance missed Wall Street expectations, overshadowing a record second quarter.

Chipotle Lifts Same-Store Sales Forecast as Diners Return for Burrito Bowls

Chipotle Mexican Grill lifted its same-store sales forecast as customer traffic rebounded, sending shares higher after a rough stretch for the stock.

Starbucks Stock Surges as Coffee Giant Lifts Full-Year Outlook on Sales Rebound

Starbucks shares jumped after posting a fourth straight quarter of same-store sales growth and raising its full-year outlook under CEO Brian Niccol.

Credit Default Swaps Emerge as New Barometer for AI Investment Risk

Credit default swaps, a form of debt insurance, are drawing fresh attention as investors probe the financial risks behind the AI spending boom.

Brazil Moves to Accelerate Mercosur Trade Deals with China and South Korea

Brazil agrees to speed up Mercosur trade negotiations with China and South Korea, a strategic shift amid global trade realignment and U.S. tariffs.

Shein Discloses FTC Investigation Into U.S. Operations Ahead of Hong Kong IPO

Shein has disclosed that the U.S. Federal Trade Commission is investigating its American operations as the retailer prepares for a Hong Kong listing.

Johnson & Johnson Offers $5.5 Billion to Settle Talc Cancer Lawsuits

Johnson & Johnson has agreed to pay $5.5 billion to resolve nearly 70,000 US lawsuits alleging its talc-based baby powder caused cancer.

Meta’s Quarterly Earnings to Spotlight AI Spending and Smart Glasses Ambitions

Meta reports quarterly earnings Wednesday, with investors focused on the scale of its AI spending and its expanding push into smart glasses.

SK Hynix Posts Record Second-Quarter Profit on AI Chip Demand, Yet Misses Estimates

SK Hynix reported a record second-quarter profit fueled by AI memory chip demand, with revenue more than tripling year over year, though results missed est

Centene Lifts Annual Profit Forecast but Shares Slide on Weakening Medicaid Outlook

Centene lifted its annual profit forecast on improved cost management, but shares fell after the insurer flagged weakening Medicaid membership.

Kentucky Governor Demands McConnell Prove Fitness to Serve or Resign After Hospital Stay

Kentucky Governor Andy Beshear has called on Senator Mitch McConnell to prove he is fit to serve or resign following his prolonged hospital stay.

South Korea Weighs Cap on Leveraged ETFs as Retail Investors Absorb Chip-Driven Losses

South Korean regulators are considering limits on leveraged ETFs for retail investors after heavy losses tied to a downturn in semiconductor stocks.

ServiceNow Stock Rallies as AI and Workflow Automation Fuel Investor Optimism

ServiceNow shares climbed as investors backed the enterprise software firm's expanding AI and workflow automation business amid strong subscription growth.

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