Lily Chang, autor en Bean watcher

Nov

11

2024

Uncertainty surrounds Donald Trump’s second presidency

The future of Donald Trump's second term remains uncertain, but his first administration was characterized by a strong focus on business-related issues, according to Joe Kaeser, a prominent German business leader. In a recent interview with CNBC, Kaeser, who chairs the supervisory board of Siemens Energy, reflected on his experiences during Trump's early presidency. Kaeser noted that the Trump administration has been very responsive to businesses' concerns. “During that time, if I had a problem to solve for my company, the administration was extremely responsive,” he shared with CNBC's Annette Weisbach. Having served as CEO of Siemens when Trump was…

Nov

11

2024

By Lily Chang

Argentine president Javier Milei to meet with Donald Trump

Politics

Next week, Argentine President Javier Milei will meet with President-elect Donald Trump at Mar-a-Lago, Trump's resort in Palm Beach, Florida. This information was confirmed by an Argentine government spokesperson in a statement to Reuters. Milei, who is 54 years old and aligns himself with ultraliberal ideologies, took office in December 2023. His political position is closely aligned with that of the United States and he openly supported Trump throughout his campaign. After Trump's recent victory over Democratic Vice President Kamala Harris, Milei publicly congratulated him via a video message in English, saying: “Congratulations on your tremendous election victory. Now make…

Nov

11

2024

By Lily Chang

Sadie Bass embarks on new musical journey with Sony and One4

Culture and Entertainment

Emerging country music artist Sadie Bass is poised for a significant career boost, having recently landed a global publishing deal with Sony Music Publishing and a development deal with One4 Entertainment. This alliance combines the strengths of a major publishing powerhouse with a boutique entertainment company known for nurturing emerging talent. The partnership signals a strong belief in Bass' artistic potential and lays the foundation for reaching a broader audience. For Bass this represents a crucial moment. The music industry is a complex and competitive landscape, and securing support from established players like Sony and One4 provides invaluable resources and…

Nov

10

2024

By Lily Chang

Rivian’s quarterly performance falls short of expectations

Investments and Business

Rivian's latest quarterly results reveal performance that fell short of market expectations, as the company reported an adjusted loss per share of 99 cents, compared to the expected loss of 92 cents. Revenue for the quarter came in at $874 million, lower than the expected $990 million. In light of these results, Rivian adjusted its earnings before interest, taxes, depreciation, and amortization (EBITDA) forecast, now forecasting a loss of between $2.83 billion and $2.88 billion. This marks a revision from a previous estimate that called for a loss of about $2.7 billion. Despite these challenges, the company remains optimistic about…