Tong Yang Life Under Fire for Using Biden’s Dementia Rumors to Sell Insurance—Is This Ethical?Tong Yang Life Insurance is mired in controversy for promoting a new insurance product by leveraging concerns surrounding Biden's dementia.
Trump Media Soars 50% After Rally Shooting IncidentShares of Trump Media opened up more than 50% at the start of trading on Monday, the first trading day following a shooting incident.
Hyundai Under Fire: U.S. Dealers Sue Over Faking Sales Data for Electric CarsHyundai Motor has been sued in the United States for allegedly manipulating electric vehicle (EV) sales figures.
HMM Dominates Orange Imports: Here's Why Korea Loves California CitrusHMM has been identified as the leading global shipping company transporting the most orange imports from California to Korea.
Police Arrest Two Men for Putting Disabled Colleague in Washing Machine – Full Story HereThe police in Japan have arrested two men in their 30s for putting a mentally disabled coworker into a washing machine and turning it on.
Montana Faces Economic Blow with Potential Mine ClosureThe Montana palladium mine owned by Sibanye Stillwater, a South African mining company, is expected to shut down.
Woman Sues Company: Paid to Do Nothing for 20 YearsVan Wassenhove, a mother of two, protested to the government in 2015. Although Orange intervened, no significant progress was made.
Boeing to Open High-Tech Engineering Facility in Daytona Beach, Hiring 200 EngineersBoeing announced on the 11th its plans to open a new engineering facility in Florida dedicated to the defense and government services sector.
Colombia Bleeds Nearly One Billion Dollars in Oil TheftRecent reports revealed that Colombia has suffered losses of nearly one billion dollars over the past five years due to oil product theft.
How Quiet Quitting Is Reshaping Company Cultures Across the WorldA recent poll reveals that more than half of the workforce is engaged in quiet quitting. Quiet quitt ...
U.S. Shoppers Beware: Fiji Water Issues Recall Over Contamination ConcernsFiji Water has initiated a recall in the United States due to exceeding the standard levels of manganese and bacteria.
U.S. Government Blocks Chip Supply to Huawei: A New Trade War?China warned the U.S. that it would also suffer damage from its government's decision to block Huawei...
Did North Korea Produce Your Favorite Animation? Shocking Discovery Raises EyebrowsEvidence suggests that American and Japanese animations, including popular ones like Amazon Prime’s Invincible, were produced in North Korea. On April 23, 38 North, a North Korean-focused publication under the American nonprofit Stimson Center, reported through a paper by Senior Researcher Martyn Williams that animation work files were found on a cloud storage server using […]
Delivery Anywhere in the World Within an Hour: Will China's Taobao Succeed in Real Rockets?China’s largest e-commerce company, Taobao, has partnered with a private rocket company to conduct rocket research and offer delivery anywhere in the world within an hour. Taobao is part of the same family as AliExpress, and it is rapidly expanding its presence worldwide, including in South Korea. On the 1st, local media, such as China’s […]
Boeing CEO Dave Calhoun to Step Down Amid Safety Crisis and Management ShakeupBoeing’s CEO, Dave Calhoun, is resigning and taking responsibility for several incidents. On the 25th, Boeing announced that, as part of a broad management overhaul due to the safety crisis caused by the in-flight panel crash of the 737 Max model last January, CEO Dave Calhoun will take responsibility and plans to resign by the […]
Nike Beats Expectations in Q3, Plans Strategic Shift Towards New Product LaunchesNike (NKE), the world’s largest sportswear and sneaker retailer, exceeded market expectations with its quarterly performance. Nike’s Q3 fiscal year 2024 (December-February) revenues were $12.43 billion (up 0.3% from the previous year), total sales profit was $5.56 billion (a 3.6% increase), and net income attributable to the controlling shareholder was $1.17 billion (a 5.5% decrease). […]
TPG Plans to Raise $5 Billion Asia Fund with 10% Allocated to Korean MarketTexas Pacific Group (TPG), a global private equity managing firm, is set to establish a massive Asia buyout fund worth approximately $5 billion. They plan to invest around 10% of this fund into the South Korean market. According to Bloomberg and other sources, on the 26th, TPG is planning to close its eighth Asia buyout […]
How Did Nvidia Become an AI Chip Powerhouse?Nvidia, a U.S. semiconductor company, is a primary beneficiary of the AI boom. Since early last year, its stock price has surged by about 450%, and its market capitalization has exceeded $2 trillion. Nvidia has now established itself as the third highest-valued company in the U.S., following Microsoft and Apple. Nvidia’s growth is steep. Its […]
United Airlines Under the Microscope: FAA Ramps Up Investigation into Safety ConcernsThe U.S. Federal Aviation Administration (FAA) is conducting a detailed investigation into the safety of United Airlines. United Airlines announced on the 23rd that it will undergo an enhanced detailed investigation by the Federal Aviation Administration (FAA) following recent accidents. In a memo, Sasha Johnson, United Airlines’ Vice President of Aviation Safety, said, “In the […]
From Virtual Try-Ons to Smart Mirrors: The Latest in US Beauty TechThe winds of technological innovation are blowing strongly in the American beauty industry. According to analysts, the American beauty tech market is expected to grow rapidly, but there are still many challenges to overcome. On the 23rd, the KOTRA Los Angeles Trade Office introduced the current status and prospects of the American beauty tech market […]
Tong Yang Life Under Fire for Using Biden’s Dementia Rumors to Sell Insurance—Is This Ethical? Tong Yang Life Insurance is mired in controversy for promoting a new insurance product by leveraging concerns surrounding Biden's dementia.
Trump Media Soars 50% After Rally Shooting Incident Shares of Trump Media opened up more than 50% at the start of trading on Monday, the first trading day following a shooting incident.
Hyundai Under Fire: U.S. Dealers Sue Over Faking Sales Data for Electric Cars Hyundai Motor has been sued in the United States for allegedly manipulating electric vehicle (EV) sales figures.
HMM Dominates Orange Imports: Here's Why Korea Loves California Citrus HMM has been identified as the leading global shipping company transporting the most orange imports from California to Korea.
Police Arrest Two Men for Putting Disabled Colleague in Washing Machine – Full Story Here The police in Japan have arrested two men in their 30s for putting a mentally disabled coworker into a washing machine and turning it on.
Montana Faces Economic Blow with Potential Mine Closure The Montana palladium mine owned by Sibanye Stillwater, a South African mining company, is expected to shut down.
Woman Sues Company: Paid to Do Nothing for 20 Years Van Wassenhove, a mother of two, protested to the government in 2015. Although Orange intervened, no significant progress was made.
Boeing to Open High-Tech Engineering Facility in Daytona Beach, Hiring 200 Engineers Boeing announced on the 11th its plans to open a new engineering facility in Florida dedicated to the defense and government services sector.
Colombia Bleeds Nearly One Billion Dollars in Oil Theft Recent reports revealed that Colombia has suffered losses of nearly one billion dollars over the past five years due to oil product theft.
How Quiet Quitting Is Reshaping Company Cultures Across the World A recent poll reveals that more than half of the workforce is engaged in quiet quitting. Quiet quitt ...
U.S. Shoppers Beware: Fiji Water Issues Recall Over Contamination Concerns Fiji Water has initiated a recall in the United States due to exceeding the standard levels of manganese and bacteria.
U.S. Government Blocks Chip Supply to Huawei: A New Trade War? China warned the U.S. that it would also suffer damage from its government's decision to block Huawei...
Did North Korea Produce Your Favorite Animation? Shocking Discovery Raises Eyebrows Evidence suggests that American and Japanese animations, including popular ones like Amazon Prime’s Invincible, were produced in North Korea. On April 23, 38 North, a North Korean-focused publication under the American nonprofit Stimson Center, reported through a paper by Senior Researcher Martyn Williams that animation work files were found on a cloud storage server using […]
Delivery Anywhere in the World Within an Hour: Will China's Taobao Succeed in Real Rockets? China’s largest e-commerce company, Taobao, has partnered with a private rocket company to conduct rocket research and offer delivery anywhere in the world within an hour. Taobao is part of the same family as AliExpress, and it is rapidly expanding its presence worldwide, including in South Korea. On the 1st, local media, such as China’s […]
Boeing CEO Dave Calhoun to Step Down Amid Safety Crisis and Management Shakeup Boeing’s CEO, Dave Calhoun, is resigning and taking responsibility for several incidents. On the 25th, Boeing announced that, as part of a broad management overhaul due to the safety crisis caused by the in-flight panel crash of the 737 Max model last January, CEO Dave Calhoun will take responsibility and plans to resign by the […]
Nike Beats Expectations in Q3, Plans Strategic Shift Towards New Product Launches Nike (NKE), the world’s largest sportswear and sneaker retailer, exceeded market expectations with its quarterly performance. Nike’s Q3 fiscal year 2024 (December-February) revenues were $12.43 billion (up 0.3% from the previous year), total sales profit was $5.56 billion (a 3.6% increase), and net income attributable to the controlling shareholder was $1.17 billion (a 5.5% decrease). […]
TPG Plans to Raise $5 Billion Asia Fund with 10% Allocated to Korean Market Texas Pacific Group (TPG), a global private equity managing firm, is set to establish a massive Asia buyout fund worth approximately $5 billion. They plan to invest around 10% of this fund into the South Korean market. According to Bloomberg and other sources, on the 26th, TPG is planning to close its eighth Asia buyout […]
How Did Nvidia Become an AI Chip Powerhouse? Nvidia, a U.S. semiconductor company, is a primary beneficiary of the AI boom. Since early last year, its stock price has surged by about 450%, and its market capitalization has exceeded $2 trillion. Nvidia has now established itself as the third highest-valued company in the U.S., following Microsoft and Apple. Nvidia’s growth is steep. Its […]
United Airlines Under the Microscope: FAA Ramps Up Investigation into Safety Concerns The U.S. Federal Aviation Administration (FAA) is conducting a detailed investigation into the safety of United Airlines. United Airlines announced on the 23rd that it will undergo an enhanced detailed investigation by the Federal Aviation Administration (FAA) following recent accidents. In a memo, Sasha Johnson, United Airlines’ Vice President of Aviation Safety, said, “In the […]
From Virtual Try-Ons to Smart Mirrors: The Latest in US Beauty Tech The winds of technological innovation are blowing strongly in the American beauty industry. According to analysts, the American beauty tech market is expected to grow rapidly, but there are still many challenges to overcome. On the 23rd, the KOTRA Los Angeles Trade Office introduced the current status and prospects of the American beauty tech market […]
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