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☆ Albertsons’ $4 Billion Dividend Payout Remains Blocked
▼ + stars: | 2022-12-10 | by ( Jaewon Kang | ) www.wsj.com time to read: 1 min

Kroger is the top U.S. supermarket operator by sales. A Washington state judge on Friday extended a temporary restraining order blocking a $4 billion dividend that Albertsons Cos. planned to pay its shareholders amid its plans to be bought by Kroger Co.Judge Ken Schubert for the King County Superior Court in Washington sided with Albertsons and Kroger, allowing Albertsons to pay the dividend. The ruling came after the state’s attorney general filed a lawsuit in November against the companies to block the dividend.

☆ Syracuse University is preparing to revoke Rudy Giuliani's honorary law degree
▼ + stars: | 2022-12-09 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Syracuse University is preparing to implement a process for revoking honorary degrees. "Now that we're moving to implement, we have to wait to formally introduce it through committees and the University Senate." These recommendations were submitted to Syverud and the University Senate, and were combined into a report presented to the Board. The University is reviewing the resolution recently passed by the University Senate to rescind Rudy Giuliani's honorary degree." Apart from Syracuse University — President Joe Biden is a graduate of the Syracuse University College of Law, incidentally — the hold-outs include St. John Fisher University in New York, Loyola University Maryland, The Citadel in South Carolina, and Georgetown University in Washington, DC.

☆ Blue Apron Lays Off 10% of Corporate Workforce
▼ + stars: | 2022-12-08 | by ( Jaewon Kang | Dean Seal | ) www.wsj.com time to read: 1 min

Blue Apron Holdings Inc. said it would lay off about 10% of its corporate workforce and cut spending, as the meal-kit company seeks to streamline operations. The job cuts are expected to cost about $1.2 million in severance payments and other expenses, the company said, and are part of as much as $50 million worth of reductions Blue Apron said it can make in 2023. The company’s shares, which are down about 90% this year, fell about 8% on Thursday.

☆ 'We need to make Saudi pop music': Soo-Man Lee
▼ + stars: | 2022-12-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'We need to make Saudi pop music': Soo-Man LeeSoo-Man Lee, founder of SM Entertainment, talks to CNBC's Chery Kang about his partnership with Saudi Arabia to create Saudi pop music.

☆ Soo-Man Lee on NCT plans, SuperM's comeback
▼ + stars: | 2022-12-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoo-Man Lee on NCT plans, SuperM's comebackSoo-Man Lee, founder of SM Entertainment, spoke to CNBC's Chery Kang on future company plans for new NCT groups, and SuperM's pending comeback.

☆ The metaverse is the future of K-pop: Soo-Man Lee
▼ + stars: | 2022-12-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe metaverse is the future of K-pop: Soo-Man LeeSoo-Man Lee, founder of SM Entertainment, shares with CNBC's Chery Kang about why he believes the future of K-pop lies in the metaverse. He also talks about SM's first metaverse girl band, Aespa.

☆ Soo-Man Lee on why he founded SM Entertainment
▼ + stars: | 2022-12-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSoo-Man Lee on why he founded SM EntertainmentFounder Soo-Man Lee tells CNBC's Chery Kang about his vision for SM Entertainment.

☆ Herschel Walker had ties to two charities that appear to have engaged in little, if any charity
▼ + stars: | 2022-12-05 | by ( Hanna Kang | ) www.businessinsider.com time to read: +11 min

He was also featured in marketing material for the Livio Cares Foundation and was listed as a Livio Cares Partner. However, there is no evidence Livio Cares engaged in philanthropic activities. According to ProPublica's Nonprofit Explorer, Walker was listed as the director of VMP Nutrition Foundation in Fort Worth, Texas. According to the Texas Comptroller of Public Accounts website, the right to transact business in Texas for VMP Nutrition as well as VMP Nutrition Foundation is listed as "forfeited." In 2017, VMP Nutrition and its founder Rodriguez settled a lawsuit filed by Southside Bank for an alleged failure to repay a $2,795,534 lien.

☆ Man behind the Korean wave talks about the future of K-pop and what aspiring artistes can do
▼ + stars: | 2022-12-05 | by ( Kimberley Kao | ) www.cnbc.com time to read: +5 min

Gabriel Olsen | Getty Images Entertainment | Getty Images"But when foreign bands come to [South Korea to] perform, they completely took over the stage and fans went wild. Future of K-popAs for the future of K-pop, "I think the metaverse that everyone is talking about these days is the future," Lee says. SM Entertainment established a metaverse world called SM Culture Universe, and launched its first metaverse girl band, Aespa in 2020. SM Entertainment established a metaverse world called SM Culture Universe, and launched its first metaverse girl band, Aespa in 2020. Alexi Rosenfeld | Getty Images Entertainment | Getty Images"SM Entertainment is building 'Play-2-Create'… people can discover their creative side and create in the metaverse.

☆ Neymar and Danilo back with Brazil against South Korea
▼ + stars: | 2022-12-05 | by ( ) www.reuters.com time to read: +1 min

DOHA, Dec 5 (Reuters) - Brazil forward Neymar will start for the five-times champions in their World Cup last-16 match against South Korea on Monday after recovering from an ankle injury. Full back Danilo was also cleared to play and will start on the left side of defence, as both Alex Sandro and Alex Telles were ruled out by injuries. Centre back Eder Militao, who replaced Danilo at right back against Switzerland, will play against South Korea in the same role. Brazil: Alisson; Eder Militao, Thiago Silva (captain), Marquinhos, Danilo, Casemiro, Lucas Paqueta, Neymar, Vinicius Jr., Raphinha, Richarlison. South Korea: Kim Seung-gyu, Kim Moon-hwan, Kim Min-jae, Kim Young-gwon, Kim Jin-su, Lee Jae-sung, Jung Woo-young, Jeong Woo-yeong, Hwang In-beom, Son Heung-min (captain), Hwang Hee-chan, Cho Gue-sung.

☆ Despite stark gender inequality in South Korea, hostility to feminism is growing
▼ + stars: | 2022-12-04 | by ( Haeryun Kang | ) www.nbcnews.com time to read: +8 min

SEOUL, South Korea — Lee Yunju has poked her head in the feminism aisle of the library at her university in Daegu, South Korea. President of South Korea Yoon Suk Yeol. In South Korea, it’s the gender issue.”To some, the gender ministry is a symbol of what they see as the excesses of feminism. The gender ministry was founded in 2001 under the Kim Dae-jung administration, South Korea’s first left-leaning government. The gender ministry aims to protect the marginalized in our society.

CNN —The family home of Iranian rock climber Elnaz Rekabi has been demolished, according to the pro-reform news outlet IranWire, after she rose to international prominence this fall for competing with her head uncovered. Some Iranian demonstrators saw Rekabi as a symbol of the national uprising calling for greater freedoms for women. Rekabi competed without her mandatory hijab at an international competition in Seoul in October, as anti-regime demonstrations calling for greater rights for women convulsed Iran. Rekabi garnered support from members of the public when she returned to Tehran in October. When she returned to Iran, videos posted to social media appeared to show her being greeted by crowds chanting “Elnaz the Hero” at Tehran’s Imam Khomeini International Airport.

☆ Ronaldo leads Portugal against South Korea after injury scare
▼ + stars: | 2022-12-02 | by ( ) www.reuters.com time to read: +2 min

Portugal, needing only a draw to be sure of top spot in Group H and mindful of the risk of yellow-card suspensions in the next round, have brought Diogo Dalot and Antonio Silva into the defence. Matheus Nunes, Vitinha and Joao Mario come into the midfield in place of Bernardo Silva, William Carvalho and Bruno Fernandes -- who scored twice in the 2-0 win over Uruguay -- while Ricardo Horta replaces Joao Felix up front. South Korea's Portuguese coach Paulo Bento left out central defender Kim Min-jae, who was an injury doubt, and replaced him with Kwon Kyung-won, while Lee Jae-sung and Lee Kang-in were drafted into midfield. The Koreans, with one point so far, must beat Portugal and hope the result of Ghana's match with Uruguay goes their way in order to reach the last 16. TeamsSouth Korea: Kim Seung-gyu, Kim Moon-hwan, Kwon Kyung-won, Kim Young-gwon, Kim Jin-su, Lee Jae-sung, Lee Kang-in, Jeong Woo-yeong, Hwang In-beom, Son Heung-min, Cho Gue-sungPortugal: Diogo Costa, Diogo Dalot, Pepe, Antonio Silva, Joao Cancelo, Matheus Nunes, Ruben Neves, Vitinha, Joao Mario, Cristiano Ronaldo, Ricardo HortaWriting by William Schomberg and Anita Kobylinska; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

☆ Analysis: As economy stutters, China's youth seek safety of civil service
▼ + stars: | 2022-12-01 | by ( Eduardo Baptista | ) www.reuters.com time to read: +6 min

The wishes of Lau's parents that she had a "safe" civil service career suddenly made more sense. Alicia Garcia-Herrero, chief economist for Asia Pacific at Natixis, says the preference for civil servant jobs has surged. On social media, young Chinese refer to the civil service as "the end of the universe," meaning the safest place around in such an environment. "Being a civil servant gives you a lot of stability," she said. “The present state of the job market has definitely increased my desire to become a civil servant," she said.

☆ Park Seo-joon joins cast of 'The Marvels,' among growing list of Korean talent joining Disney projects
▼ + stars: | 2022-11-30 | by ( ) www.nbcnews.com time to read: +2 min

Korean actor Park Seo-joon will star in the upcoming superhero movie “The Marvels” to be released in July 2023. He joins a growing roster of Korean talent that is joining Disney-backed content and was one of many Korean names dropped Wednesday at a Disney content showcase in Singapore. Earlier this month, “Squid Games” star Lee Jung-jae was announced as joining Star Wars series “The Acolyte,” for Disney +. So too did Japanese director Miike Takashi, whose Korean-made series “Connect” Disney+ will upload early next month. Disney has announced plans to green-light 50 local shows in the Asia-Pacific region by the end of 2023 and is keen to catch up with Netflix in the scale of its Korean content roster.

☆ Kroger, Albertsons Expected to Defend Grocery Merger at Senate Hearing
▼ + stars: | 2022-11-29 | by ( Jaewon Kang | ) www.wsj.com time to read: 1 min

An Atlanta store operated by Kroger, the largest U.S. supermarket chain by sales. Chief executives of the two largest U.S. supermarket chains are set to testify Tuesday at a Senate subcommittee hearing, where they are expected to defend their companies’ proposed $20 billion merger and address questions about how it could affect American grocers and consumers. Kroger Co. CEO Rodney McMullen and Albertsons Cos. CEO Vivek Sankaran are expected to testify before the Subcommittee on Competition Policy, Antitrust and Consumer Rights, led by Sens. Amy Klobuchar (D., Minn.) and Mike Lee (R., Utah).

☆ Analysis: The art of the cross lights up Ghana-South Korea thriller
▼ + stars: | 2022-11-28 | by ( Nick Mulvenney | ) www.reuters.com time to read: +2 min

The touch evaded the South Koreans after Mohammed Kudus had put Ghana ahead for the final time, however, and they repeatedly found space down the wings only for the final ball to clatter off the head of a Ghanaian defender. That reprised the opening 25 minutes of the game when the Koreans dominated possession, swinging the ball left and right across the pitch and working their neat triangulations to get into threatening positions down the flanks. The 31-year-old's delivery was even better 10 minutes later, a high arching cross that Kudus needed only the faintest touch on to guide past Kim Seung-gyu in the Korean goal. That means the coach will not be on the bench against his native Portugal in South Korea's final group game on Friday but his squad might expect a little bit of extra crossing practice over the next four days. Reporting by Nick Mulvenney, editing by Ed OsmondOur Standards: The Thomson Reuters Trust Principles.

☆ Results: Republican Sen. Lisa Murkowski defeated Trump-endorsed Kelly Tshibaka in Alaska's Senate election
▼ + stars: | 2022-11-28 | by ( Hanna Kang | Bartie Scott | ) www.businessinsider.com time to read: +6 min

Sen. Lisa Murkowski ran against fellow Republican Kelly Tshibaka and Democrat Patricia Chesbro, but the battle was largely between the two Republicans. Tshibaka was endorsed by Donald Trump, while Murkowski had the endorsements of several high-profile Democrats, including Sen. Joe Manchin. Republican Sen. Lisa Murkowski defeated Democrat Patricia Chesbro and fellow Republican Kelly Tshibaka in Alaska to represent the state in the US Senate. Her Republican challenger, Tshibaka, raised $4.8 million, spent $4.2 million, and had $692,428 cash on hand, as of October 19. Murkowski benefitted from most of that spending, including a $6.1 million boost from the Senate Leadership Fund, a national Republican super PAC.

☆ Restaurants, Grocery Stores Battle Over Consumers’ Stretched Dollars
▼ + stars: | 2022-11-27 | by ( Heather Haddon | Jaewon Kang | ) www.wsj.com time to read: 1 min

Restaurants and supermarkets are ramping up competition for Americans’ mealtimes, as consumers gird for a souring economy while food bills continue to rise. Many restaurants are promoting deals they said are aimed at giving consumers more value for their dollars, while raising menu prices. Supermarkets are stocking more low-price staples and offering specials on prepared food that companies said are targeted toward shoppers who are rethinking how many times they eat out each week.

☆ Live Results: Mary Peltola defeats Sarah Palin and others: Alaska's at-large district US House election
▼ + stars: | 2022-11-24 | by ( Hanna Kang | Katie Balevic | ) www.businessinsider.com time to read: +7 min

Democratic Rep. Mary Peltola won against three others — including Sarah Palin — in Alaska's at-large congressional district. Alaska has only one congressional district and therefore does not go through a redistricting process. Democratic Rep. Mary Peltola of Alaska has defeated three challengers in Alaska's at-large congressional district general election — most notably former Gov. Palin, the former governor of Alaska, has known Peltola for years and served alongside her in the Alaska state house. Although Alaska's 2022 general election, much like the special election, will largely be centered around Peltola and Palin, Alaska's ranked choice voting system makes this a four-way race.

☆ What Kanye West, Liz Cheney, Oprah Winfrey, The Rock, and Andrew Yang have in common: They're third-party alternatives to the Biden-Trump 2024 presidential binary.
▼ + stars: | 2022-11-21 | by ( Hanna Kang | ) www.businessinsider.com time to read: +2 min

Oprah WinfreyGetty Images/Getty Images for Global CitizenOne of the most influential women in the world, Oprah Winfrey's presidential ambitions have long been a subject of celebrity-watching chatter. "I want all the girls watching here, now, to know that a new day is on the horizon," she said. Winfrey said she had met with someone who offered to help with a political campaign, but she declined. "I've always felt very secure and confident with myself in knowing what I could do and what I could not," Winfrey told Brown. "I thought, oh gee, I don't have the experience, I don't know enough, and now I'm thinking, 'Oh, oh?'"

☆ 'The Walking Dead' series finale review: Episode 24 of the extended 11th season finally comes to an end, after biting off more than it could chew (SPOILERS)
▼ + stars: | 2022-11-21 | by ( Review Brian Lowry | ) edition.cnn.com time to read: +4 min

Editor’s Note: The following contains spoilers about “The Walking Dead” series finale, “Rest in Peace,” which premiered November 20. CNN —Forgive AMC, at least a little bit, for almost drunkenly celebrating “The Walking Dead” in its heyday by feeding audiences as much content related to the zombie drama as they possibly could. In its early seasons, “The Walking Dead” excelled in part because of its unpredictability, as the montage of characters who had died reminded the audience. Those plans later morphed into a limited series, but the sense that “The Walking Dead” was no longer the priority in AMC’s “Dead” universe had been pretty well cemented. Television is always hungry for another hit, and at its height “The Walking Dead” was the TV equivalent of a supernova.

☆ This Thanksgiving, What Prices to Expect at Your Grocery Store
▼ + stars: | 2022-11-17 | by ( Jaewon Kang | ) www.wsj.com time to read: 1 min

Pennsylvania grocer Karns has been more aggressive with discounting non-holiday items like seafood to draw customers. Get ready to fork over more for this year’s Thanksgiving meal. American families will spend about 14% more this year on their holiday dinner thanks to higher prices of turkey, flour, eggs and other staples, according to data from Information Resources Inc. Increasing costs of ingredients, production and transportation—coupled with extreme weather and avian influenza outbreaks across the U.S. that affected millions of birds—could add up to what IRI projects to be the most pricey Thanksgiving meal in recent memory.

☆ Winn-Dixie Owner Southeastern Grocers Weighs a Sale
▼ + stars: | 2022-11-17 | by ( Jaewon Kang | Laura Cooper | ) www.wsj.com time to read: 1 min

Southeastern Grocers, the operator of Winn-Dixie and other grocery stores, is in talks with prospective buyers. Southeastern Grocers Inc. is exploring a sale, said people familiar with the matter, about a year after the supermarket operator canceled its plans to go public. The Florida-based operator of Winn-Dixie and Harveys grocery stores is in talks with prospective buyers, some of the people said.

☆ Korean-American superhero 'Silk' comes to small screen
▼ + stars: | 2022-11-17 | by ( ) www.reuters.com time to read: +1 min

Nov 17 (Reuters) - Silk, a Korean-American superhero, will be coming to MGM+ and Amazon Prime Video in a live-action television series based on Sony Pictures' universe of Marvel characters, Amazon said Thursday. Deal terms were not disclosed for this first installment in a multi-series agreement Amazon struck with Sony. It will be distributed globally on Prime Video in more than 240 countries. Angela Kang, a Korean-American television writer and producer who is showrunning "The Walking Dead," will serve as showrunner. She developed the series with "Into the Spider-Verse" producers Phil Lord, Christopher Miller and Amy Pascal, who will serve as executive producers.

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