Business

California Targets Tesla Insurance Over Consumer Violations

Regulators say “innovation cannot override consumer protection” The California Department of Insurance (CDI) has launched enforcement action against Tesla Insurance Services, Inc., citing repeated consumer...

Korean American travel industry sees record Chuseok holiday boom

The Korean American travel industry is experiencing an unprecedented surge in demand during this year’s 10-day Chuseok holiday, marking its strongest rebound since the...

Why Hangul Branding Is Taking Over LA’s Café and Design Scene

As Hangul Day approaches, Koreans celebrate the creation of their unique writing system — a symbol of cultural identity and national pride. Today, Hangul...

Pasadena to Redevelop 17 Caltrans Lots for Affordable Housing

The City of Pasadena has completed the purchase of 17 unused lots once owned by Caltrans and plans to repurpose them under new state...

Hyundai in a catch-22 as it absorbs U.S. tariffs while Toyota, Volkswagen benefit from deals

Hyundai is absorbing heavy U.S. tariff losses while Toyota and Volkswagen benefit from trade agreements that cut duties and allow refunds.

LA Apartment Supply Hits 10-year Low; Rents Stay Near Peak

New apartment construction in Los Angeles has fallen to its lowest level in a decade, underscoring that the LA apartment supply has hit a...

California Economy Expected to Recover by Late 2026

UCLA Anderson Forecast 2025 Q3 Report Unemployment Slows, Inflation Rebounds Policy Shifts Add to Uncertainty Medium-Term Recovery Expected Amid slowing job growth, a rebound in inflation, and shifts...

Hyundai Cuts Ioniq 5 Price up to $9,800 After EV Credit Ends

Hyundai Motor America is making an aggressive move on pricing. The company announced an Ioniq 5 price cut of up to $9,800 after the...

Asiana Mileage to Remain Valid for 10 Years After Korean Air Merger

South Korea’s Fair Trade Commission (FTC) has unveiled a revised mileage integration plan as part of the upcoming merger between Korean Air and Asiana...

McDonald’s Monopoly Returns with $1M and New Car

McDonald’s is bringing back its Monopoly game, running from October 6, 2025 through November 2, 2025. Players can join through peel-off paper stickers on...