Business

California Residents Face $2.56 Million in Lifetime Debt Burden

California residents are facing one of the heaviest lifetime debt burdens in the United States, with total repayments averaging $2.56 million per person, according...

H Mart pushes Northern California expansion

A real estate entity tied to H Mart has completed an $18.3 million purchase of a former Kohl’s property in Fremont, California, marking a...

Korean Cars Win Loyalty From Older Buyers, Face Test With Younger Drivers

Hyundai, Kia, and Genesis are among the most familiar auto brands in Korean American communities. A new online survey shows that Korean car preference...

Gov’t mulls suspension for Coupang over data leak, but experts question practicality

South Korea’s government is considering whether Coupang could face a temporary business suspension after a massive personal data leak and a delayed response. Experts say a suspension may be difficult to apply in practice and could also harm consumers and Coupang’s workforce.

196-Unit Low-Income Housing Project Planned Near Koreatown Metro

A low-income mixed-use housing complex is planned near the Wilshire/Crenshaw Metro area adjacent to Koreatown, according to a recent notice from the Greater Wilshire...

California Home Sales Reach 3-Year High in November

California home sales climbed to their highest level in three years in November, even as home prices softened, reflecting a cautiously improving housing market,...

Ford cancels $7.2 billion battery supply contract with LG

LG Energy Solution has canceled part of a major battery supply agreement with Ford, reflecting the automaker’s shift away from electric vehicles following U.S. subsidy cuts and weaker EV demand.

High-End Online Shopping Expands as Amazon Sells Cars, Luxury Goods

Amazon, long known for everyday essentials, is expanding into high-priced categories ranging from automobiles to luxury goods, positioning itself as a platform for high-end...

Air Premia sale cuts fares up to 15% on five U.S. routes

Hybrid airline Air Premia has launched a year-end special discount promotion, offering up to 15% off airfare on five U.S.-departure routes. Under the Air Premia...

2,346 Sign Up for Planned U.S. Class Action Over Coupang Data Leak

More than 2,000 people have signed up to join a planned U.S. federal class action lawsuit against Coupang Inc., the U.S.-based parent company of...