Chevron Settles Record $13 Million Fine Over California Oil SpillsThe energy giant Chevron is to pay a fine in California. Chevron has agreed on the 21st (local time) to pay a fine of over $13 million for dozens of oil spill incidents in California in the past, marking the largest fine ever imposed on the company. David Shabazian, Director of the California Department of […]
Mondelez Resilient in Face of Price Hikes: Sales Stay StrongAmerican confectionery company Mondelez (MDLZ) continues to see steady sales despite price increases. Mondelez has implemented price hikes in key regions such as Europe and Latin America. However, the company is believed to be defending against a decrease in sales volume based on brand loyalty. “The company is proactively responding to offset the cost burden […]
Sanctions Showdown: U.S., EU, and China Clash Impacts Western FirmsAs Western countries and China engage in a tit-for-tat sanction battle, escalating tensions, the business environment for American and European Union (EU) companies operating in China is becoming increasingly challenging. Particularly among European companies, there is growing discontent that government regulations are overly focused on, which diminishes the competitiveness of their own businesses. According to […]
From BTS to Taylor Swift: Disney+ Continues its Music Documentary SeriesDisney+ builds on the momentum of its pop culture documentaries by showcasing a major artist in its upcoming release this year. Following features on BTS, NCT 127, and Super Junior, this new project offers a behind-the-scenes glimpse at Taylor Swift’s The Eras Tour concert. Disney+ hosted its 2024 Content Lineup Media Day at the JW […]
Apple's China Struggle: Huawei's Success Signals Shift in Consumer PreferenceHuawei Smartphones, Priced $200 More Than iPhones, See Sales Surge Despite unprecedented discounts, Apple iPhone sales in China have plummeted due to the “Guochao” trend, which signifies the rise of patriotic consumption. According to market research firm Counterpoint, quoted by US CNN and Reuters on the 5th, iPhone sales in China have decreased by 24% […]
Disney Announces Cancellation of Several Projects Amid Studio ReorganizationWalt Disney Company, Bob Iger The Walt Disney Company announced that many planned projects had been canceled during the studio restructuring process. Walt Disney Company (from now on referred to as Disney) CEO Bob Iger stated on the 5th (local time) at an investor conference Q&A session in San Francisco, USA, “We have already discarded […]
BTS Jin Marks Military Service Anniversary with Moments of Joy and Sorrow [TV report by Kang Sung-hoon] BTS's Jin, who is making waves around the world, celebrated his one-year anniversary of enlisting in the army today (13th). He is now six months away from being discharged. His expected discharge date is June 12, 2024...
Ex-Worker's Revenge: Office Theft Lands Man in Jail for Four MonthsA man received a 4-month prison sentence for breaking into his former office and stealing items after claiming he hadn't received his wages.
Hyundai Slashes Prices for IONIQ 5/6: Electric Car Deals Await U.S. Customers .
Man Sentenced to Prison for Stealing $6,000 Worth of Goods After Leaving JobMan was sentenced to 10 months in prison for stealing goods worth millions of won using stolen security cards from his former workplace.
Woman in Coma for 4 Months After Drinking Toxic Solution at WorkShocking incident in Dongducheon company: Woman accidentally drinks toxic solution, three officials to face prosecution for negligence.
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