Lotte

Charlotte's Bold Initiative to Close the Racial Wealth Gap

3 months ago

Charlotte, North Carolina, has been identified as a city at the forefront of tackling a significant social issue—the racial wealth gap. Despite being one of the fastest-growing urban centers in the United States, the city confronts a persistent disparity in economic opportunities between its white population and communities of color, particularly Black residents. To address this challenge, local authorities and organizations are championing a multifaceted strategy aimed at promoting economic equity and empowerment for marginalized groups.

Major Debt Deal: Lotte to Use Seoul Skyscraper as Collateral

6 months ago

In a significant financial maneuver, South Korean conglomerate Lotte has announced plans to pledge a prominent skyscraper in Seoul as collateral for its ongoing debt obligations. This decision comes at a time when the company is seeking to stabilize its financial health amid increasing economic pressures and evolving market dynamics.

Storm Devastation Forces Tampa Bay Rays to Play at Training Site for Upcoming Season

7 months ago

In a drastic turn of events, Major League Baseball's Tampa Bay Rays are set to play their home games at their spring training facility after their regular ballpark suffered extensive damage from a recent storm. This decision comes as the organization grapples with the aftermath of severe weather that has left many facilities in disrepair and forced the team to seek alternative arrangements for their upcoming season.