Netflix told employees Wednesday that the company will cut about 1,000 employees -- 6% of its workforce -- in its largest layoffs since 2022.

The consumer price index increased by 0.6% in September, driven by a 9.1% increase in gas prices, the Bureau of Labor Statistics reported Wednesday.

The U.S. Treasury imposed three separate penalties totaling more than $1.21 billion against Bank of America for sanctions and other violations.

South Korea's labor federation demands repeal of Yellow Envelope Law regulations after its attempt to return to government-led labor talks stalls.

The IMF raises South Korea's 2026 growth outlook to 3.3%, citing strong semiconductor exports and AI hardware demand despite global economic risks.

A company is recalling more than 112,000 bottles of the Amazon brand of extra-strength acetaminophen after reports of discolored tablets.

South Korea's Hyundai Bioscience said Tuesday that the company would accelerate the development of a treatment for severe fever with thrombocytopenia syndrome, or SFTS.

Seoul shares plunged by more than 5 percent Tuesday, extending their losing streak to a fifth session, as technology stocks tumbled amid renewed woes over the AI sector and inflation.

South Korean lawmakers from both parties criticize Coupang's refusal of an antitrust inspection and consider tougher penalties and legal reforms.

South Korea's KAI completes satellite testing facilities, enabling in-house development and production of more than 100 small satellites annually.