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Korean American businesses

SBA rule change bars non-U.S. citizens, including green card holders, from loans

Starting March 1, SBA loans will be limited to businesses fully owned by U.S. citizens, excluding green card holders and any foreign ownership under revised federal rules.

Korean American Stores Launch Major Holiday Sale Push

This year’s Korean American holiday sales come as the National Retail Federation (NRF) projects that year-end U.S. retail revenue could surpass $1 trillion for...

As Temperatures Drop, LA Owners Fear Fires Lit by Homeless for Warmth

Nighttime temperatures in LA have dropped quickly in recent days, raising fears among business owners and building owners about fire hazards caused by unhoused...

LA garment district ICE raids empty Santee Alley, sales plunge

The LA garment district has slowed sharply since June 2025 amid intensified enforcement against undocumented immigrants. The decline deepened after September 8, 2025, when...

Delivery Robots in Los Angeles Displace Gig Workers as Expansion Grows

Delivery robots are rapidly expanding across Los Angeles, with growing support from restaurants—but also rising concern among gig workers who fear losing jobs. According to...

Trump’s Tariff Hikes Slash Port Volume, Halve Truck Driver Pay

The days of six-figure incomes for freight truck drivers are becoming a thing of the past, as U.S. tariff policy sends shockwaves through the...

Bank of Hope Expands Korean Corporate Banking Support with New LA Center

Bank of Hope held a plaque ceremony on May 20 to mark the opening of its second Korean Corporate Banking Support Center at its...

‘Cheer Up K-Town’ is back with free promotional videos for Korean-American businesses

The "Cheer Up K-Town" project, where Korean-American YouTubers donate their talents to create free promotional videos for Korean-American businesses to help revitalize the Koreatown...

Restaurants in LA can boost sales by joining RMP and accepting EBT cards

  Korean American restaurant and grocery market owners were invited to an information session on the vendor sign-up process for the government-funded food assistance program....

Korean American businesses robbed in string of break-ins in Southern California

  Amid a spate of burglaries in Southern California, Korean American businesses are among the latest victims. The Los Angeles Police Department (LAPD) reported a burglary...

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