An inheritance dispute over the former chairman’s estate has prompted a criminal complaint over how the dynastic chaebol family behind LG divides its assets.
Category: Family Business
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Lewis E. Lehrman, Store Chain Heir Who Ran for N.Y. Governor, Dies at 87
After helping his family’s Rite-Aid drugstore empire flourish, he waged a surprisingly close but losing race as a Reagan Republican against Mario Cuomo in 1982.
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South Korean Court Rules Against Women in LG Inheritance Lawsuit
The widow and two daughters of LG’s former chairman sought to invalidate an inheritance agreement, claiming they were deceived into forfeiting their rightful inheritance.
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Pittsburgh Post-Gazette Announces It Will Cease Operations
The family-owned company that operates the newspaper cited mounting losses and labor constraints. A final edition is expected on Sunday, May 3.
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Trump Media Merger With Nuclear Fusion Firm Raises Ethics Questions
Trump Media plans to merge with a company developing nuclear fusion technology, putting the president’s financial interests in competition with other energy companies over which his administration holds sway.
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U.S. Manufacturers to Benefit as G.E. Appliances Shifts Production
The company, now owned by a Chinese conglomerate, is investing $150 million in 18 American suppliers across 10 states.
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Trump Family’s Business Ties to Saudi Arabia Raise Ethics Worries
President Trump will host Crown Prince Mohammed bin Salman, Saudi Arabia’s de facto ruler, who oversees a major construction project that is in talks with the Trump family business.
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A BlackRock-Backed Roofing Conglomerate Goes Bust
Investment firms are buying and bundling contractors, leaving some workers and customers worse off.
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To Honor the King of Lox, Lots of Lox
The spread at Saul Zabar’s shiva.
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As Farm Aid Reaches 40 Years, It Deals With Familiar Farming Crises
Saturday’s star-studded concert will air on TV for the first time in years as the hotline for farmers gets more calls about a mix of complicated problems.
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Why Beef Prices Have Hit a Record
Smaller cattle herds and a decade of headwinds for the industry are expected to push up the cost of burgers and steaks for several years.