Business

Pay Rent to Build Credit, Zillow Launches CreditClimb

A new service that connects renters’ monthly rent payments to their credit scores has entered the market, offering tenants a way to build credit...

Samsung chief meets with Elon Musk in Texas months after major chip deal

Samsung Electronics Chairman Lee Jae-yong met Tesla CEO Elon Musk in Texas, touring Samsung’s new semiconductor plant as the companies explore deeper cooperation following a major chip deal.

Year-end Car Deals Expand as Automakers Boost Discounts

Car buyers are seeing more year-end car deals as automakers and dealerships increase discounts, low-interest financing, and cash incentives to meet annual sales goals....

SK On, Ford agree to dissolve $11B battery joint venture across 3 U.S. factories

SK On and Ford agreed to dissolve their $11 billion BlueOval SK battery joint venture, splitting ownership of three U.S. plants as both companies adjust to slowing EV demand. Ford will take over two Kentucky factories, while SK On assumes full control of the Tennessee plant and plans to supply batteries to Ford and other customers.

Korean American Stores Launch Major Holiday Sale Push

This year’s Korean American holiday sales come as the National Retail Federation (NRF) projects that year-end U.S. retail revenue could surpass $1 trillion for...

Homeowners Are Betting on Higher Deductibles Amid Soaring Insurance Premiums

Home insurance deductibles are rising nationwide as premiums continue to climb, leading more homeowners to increase their upfront financial risk in exchange for lower...

Thirty-five cases of adverse reactions to Mounjaro reported in first month of availability

Korea reported 35 cases of adverse reactions to Mounjaro in its first month on the market, including two classified as serious. Health officials urge closer monitoring as demand for obesity drugs continues to rise.

Car Color Depreciation Study Reveals Yellow Cars Hold Value Best

Car color depreciation plays a major role in determining how well a vehicle holds its value, and new data shows that the differences between...

Indifference as a tactic: How Olive Young draws shoppers by leaving them alone

Olive Young’s low-pressure “half-response” service, bold sourcing decisions and empowered merchandiser model transformed it into Korea’s dominant beauty retailer — now preparing for a U.S. expansion.

Unused gift cards quietly drain consumer cash

Unused gift cards are becoming a growing source of hidden losses for consumers as balances sit untouched or vanish through fees, fraud, and missed...