Business

SharkNinja recalls 1.85 million pressure cookers over burn hazard

SharkNinja is recalling 1.85 million pressure cookers due to a defect that may cause burn injuries, with over 100 incidents and 26 lawsuits reported.

Korean American Banks Rebound in Q1 After Sluggish 2024

Korean American banks across the U.S. showed signs of recovery in the first quarter of 2025, shaking off last year’s sluggish performance. Compared to the...

U.S. Housing Market Crash Fears Surge as 70% Expect Collapse

Concerns over a potential U.S. housing market crash are rising, with 70% of consumers now expecting a collapse, according to a new survey by...

UniBank Reports $2.07 Million Net Loss in Q1 2025

UniBank, a Korean American bank based in Washington State and led by President and CEO Stephanie Yoon, reported a net loss for the first...

Korean Car Sales Hit Record in April: Hyundai, Kia, Genesis Up 16%

Korean car brands continued their strong sales momentum in April 2025, driven by sustained demand for popular SUV models despite a slowdown in electric...

Hope Bancorp Posts $21.1M Q1 Profit

Hope Bancorp, the holding company of Bank of Hope, reported a net income of $21.1 million for the first quarter of 2025, or $0.17...

Chipotle Cinco de Mayo Promotion Launches with 50,000 Free Burritos

Chipotle is launching a special Cinco de Mayo promotion, offering 50,000 free burritos, free delivery, bonus menu items, and a digital game giveaway. According to...

Hanmi Financial Reports $17.67M in Q1 Net Income

Hanmi Financial Corp., the holding company of Hanmi Bank, reported net income of $17.67 million for the first quarter of 2025, or $0.58 per...

Hyundai to showcase new IONIQ 9 in Koreatown from May 2 to May 18

Hyundai Motor Company is unveiling its all-new IONIQ 9, a flagship three-row electric SUV, at an exclusive exhibition in Los Angeles’ Koreatown from May...

U.S. Summer Vacation Survey Reveals 53% Plan Trips, 65% Cite Cost Concerns

A new survey reveals that fewer than half of Americans are planning summer vacations this year, with financial strain cited as the leading reason. According...