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Monday, March 31, 2025

CONSUMER

Retirement Cruise: Seniors Choose Life at Sea

An increasing number of retirees are turning to retirement cruises, opting to live aboard ships instead of settling into traditional retirement communities. With housing,...

Hundreds of California Condos Face Mortgage Hurdles

Fannie Mae has added thousands of condos to its blacklist, making mortgage approvals difficult for affected properties. The list, which now includes 5,175 complexes...

California Marketplace Auction: LA Koreatown Center Sold Again

The California Market shopping center in LA Koreatown has been sold at auction for the second time in five years due to financial struggles, with previous owner Jake Sharp Capital defaulting on a $39.8 million loan and the property selling for $29.2 million. Industry experts attribute the repeated foreclosures to high vacancy rates, declining profitability, and a weakened commercial real estate market, while the new owner is expected to seek a third-party buyer to revitalize the property.

Japanese Parking Innovation Could Ease LA’s Parking Crisis

As Koreatown's parking crisis worsens, a Japanese company's innovative urban parking solution could serve as a model for Los Angeles, particularly in congested areas like 6th Street and Alexandria Avenue, where parked cars obstruct traffic and visibility.

No Superbloom, But Southern California Wildflower Tours Thrive

The wildflower tour season has arrived in Southern California, drawing visitors eager to experience the region’s vibrant floral landscapes. In past years, heavy rainfall...

H Mart Westminster to Open Largest California Location

H Mart, the largest Asian supermarket chain in the U.S., will soon open in Westminster, Orange County. The store, located at 16450 Beach Blvd.,...

Korean Air Unveils New Logo After 41 Years

Korean Air new logo was officially revealed on March 11 at the airline's headquarters in Gangseo-gu, Seoul. This marks the first change in 41...

Southwest Airlines Baggage Policy Changes, Limits Free Bags

DALLAS — Southwest Airlines baggage policy is changing, breaking the long-standing expectation that all passengers get two free checked bags. The airline will now...

Tesla slashes prices on existing Model Y inventory, costs buyers as low as $34,000

Tesla has launched a significant price reduction on its Model Y inventory, offering some of the lowest prices to date. As the company prepares...

U.S. Import Tariffs May Drive Up Grocery Prices, Supply Chain at Risk

The Trump administration's U.S. import tariffs on goods from Canada, Mexico, and China are pushing up grocery prices for Korean consumers. Since the 4th,...