Business

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...

H Mart Ramps Up Growth in Texas With Seventh Location Set to Open

Asian-American supermarket giant H Mart is accelerating its expansion in Texas, reinforcing its position as a key player in the state’s competitive grocery market....

Walmart Under Fire for Counterfeit Goods on Marketplace

Approval Process Too Loose — At Least 43 Fake Businesses IdentifiedCounterfeit Supplements and Cosmetics Raise Health Concerns, Erode Consumer Trust Walmart, the nation’s largest retailer,...

Samsung, SK hynix to supply chips for OpenAI’s $500 billion Stargate project

Samsung Electronics and SK hynix agreed to supply memory for OpenAI’s $500 billion Stargate project under a letter of intent, with Samsung affiliates and SK Telecom taking additional roles in data center design, construction, and services.

Atomix Becomes First Korean Restaurant to Top ‘World’s 50 Best Restaurants’ North America List

Korean fine-dining restaurant Atomix in Manhattan has made history by ranking No. 1 in the newly launched “World’s 50 Best Restaurants: North America” list,...