May 05, 2024 Last Updated 13:06 PM EDT

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Markets

Hyundai, Kia unveil share buybacks after anger over property purchase

Hyundai Motor Co (005380.KS) and affiliate Kia Motors (000270.KS) unveiled share buybacks worth a combined 670 billion won ($615 million), in an apparent bid to appease investors angered by the sky-high price paid for property to house new headquarters.

Markets

After the "bulldozer": Hyundai's consensus-building heir-apparent

When he attended design preview meetings for the Genesis luxury sedan, Hyundai Motor heir-apparent Chung Eui-sun suggested features he'd seen on high-end European rivals, such as a pop-up navigation screen and a gearshift that rises and retracts.

Markets

Hyundai's revamped Sonata yet to rev up key U.S. market

The revamped Sonata sedan was supposed to help Hyundai Motor Co (005380.KS) reverse sluggish sales, but the car described by some critics as a bland substitute for its popular predecessor is off to a slow start in the key U.S. market.

World

Hyundai-led group agrees to $10 billion land deal, stokes union rage

Hyundai Motor Co (005380.KS) and its two affiliates approved Asia's biggest property deal since the financial crisis on Friday when their board members agreed to pay 10.55 trillion won ($10.12 billion) for a trophy plot of land to house a new headquarters in downtown Seoul.

Latest Stories

Regulatory Hurdles Remain Despite Cannabis Reclassification

Tuesday afternoon saw a spike in cannabis stocks due to reports that the Biden administration might reclassify the substance as less harmful. T

Forget Starbucks, This Restaurant Stock is the Next Hot Ticket

You would be better off searching elsewhere for investors seeking the type of growth that Starbucks embodied in its earlier years.

The Truth About Tipping: Are There Situations Where It’s Optional?

If you're not sure whether to tip, you might want to consider asking yourself these questions.

Investors Pull Another $51.5 Million from US Spot ETFs

Net withdrawals from spot bitcoin exchange-traded funds in the US were over $51.5 million.

Is Your Bank Safe? Hundreds of U.S. Lenders Face Potential Failure

Numerous small and regional banks throughout the United States are experiencing significant strain.

Must Read

Interest Rate Freeze: Credit Card Debt Holders Could Face Continued High Costs

The Federal Open Market Committee (FOMC) meeting of the Federal Reserve came to an end earlier today. Additionally, the Federal Reserve declared that it will not be raising its target federal funds rate.

Is Your Luxury Bag Real? Rising Superfake Quality Threatens Your Investment

Luxury handbag counterfeiting has taken off on social media. The most recent wave of counterfeit handbags, dubbed "superfakes," resembles the real luxury item remarkably well rather than being poorly constructed knockoffs.

Inflation Bites as Low-Income Shoppers Skip Extras

Several of the most well-known companies in America claim that as prices rise, inflation is pinching their customers.

Pennsylvania Town Named Most Affordable Place to Retire

Most people probably have no concept what the perfect little town in America is like to retire to.

Side Hustle Tips: A Beginner’s Guide to Becoming Successful

As per Gusto's 2024 New Business Formation Report, 44% of those who launched a business in 2023 did so while employed, a rise from 27% in 2022.

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