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Business

Iraq buys LIG Nex1’s Cheongung-II missiles for $2.8 billion

LIG Nex1, a Korean defense company, has won a 3.7 trillion won ($2.78 billion) contract with Iraq to export its Cheongung-II missile defense system. The...
Business

Customers line up over 500ft to get viral Trader Joe’s tote bag on restock date in LA

There's a bag that's in short supply. It's not a Chanel or Gucci bag. It's a $2.99 bag from a grocery store. On September 18,...
Business

GM vehicle owners can now use Tesla Supercharger stations, but have to buy $225 adapter

Tesla Superchargers are now available to GM vehicle owners. The catch is they have to buy the adapter costing over $200. The company announced on...
Business

Some EV lease are now cheaper than gasoline cars amid piling inventories and incentives

Leasing an electric vehicle is getting cheaper amid soaring auto loan interest rates making new car purchases unaffordable. As demand for EVs slows, dealers are...
Business

Apple’s AI platform to add Korean language by 2025

Apple's upcoming suite of AI features, Apple Intelligence, will support Korean by the end of 2025. The California-based company announced in a news release that...
Business

Kia to pay vehicle owners up to $3,375 in the class action lawsuit settlement

Settlement payments for the Kia vehicle theft class action lawsuit will be made via direct deposit. According to the U.S. District Court for the Central...
Business

Retired couples to lose $16,500 annually in Social Security by 2033 as fund nears depletion

Social Security benefits will be cut by more than $16,000 for a retired couple in 2033 if the program is left as is, according...
Business

Kheir Clinic opens pediatric specialty clinic in Koreatown offering quality care for children

Kheir Clinic has opened a pediatric specialty clinic. According to Kheir Clinic, Kheir Family & Pediatric (KFP) recently opened at the former Bong Sook Chang...
Business

Secondhand sensation: Major retailers ride rising popularity of refurbished goods

Once stigmatized as inferior to new products, refurbished items are now gaining popularity across all age groups in Korea, riding on a shift in...
Business

Consumers can get up to $900 for opening new accounts at major banks

Big banks are running aggressive promotions to attract new customers, offering cash bonuses, where You can get up to $900 in cash if you...
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