Estimated home sale profit

Combined sales by the business groups — Samsung, SK, Hyundai Motor and LG — averaged 746 trillion won ($571 billion) between 2011 and 2022, or 19.9 percent of total corporate sales at 3,745.9 trillion won, according to the Korea CXO Institute. Leading conglomerate Samsung took up 8.2 percent of the total, followed by Hyundai Motor with 4.5 percent, SK with 4.1 percent and LG with 3.1 percent. The four groups' combined net income averaged 47 trillion won over the 10-year period, accounting for 40.5 percent of the total corporate bottom line at 116.2 trillion won. The average net income of Samsung units stood at 24 trillion won over the cited period, or 21 percent of the aggregate corporate net profit and more than the remaining three groups' earnings combined. The four conglomerates' average operating income came to 53.7 trillion won during the period, or 30.4 percent of the total tally for all firms at 177 trillion won. Samsung accounted for the highest proportion of the … [Read more...] about Top 4 business groups take up 20% of Korea’s corporate sales

A fire - thought to have been caused by a barbecue - destroyed multiple gardens and damaged more than a dozen homes in one street. Fire crews were called to Chelmsford, Essex, around 10pm last night after a garden caught alight and quickly spread to a group of conifer trees. Firefighters from Essex County Fire and Rescue Service arrived in Greenwood Close to find a well-developed blaze involving around 15 homes and several sheds and outbuildings. Exterior walls, windows and guttering were damaged. An estimated 40 people were evacuated with the inferno eventually extinguished by 11.08pm on Saturday. Harrowing photos show the charred remains of various gardens as well as blackened trees which have been stripped of their leaves. Have you been affected by this incident? Let us know at [email protected] Homes and gardens were left charred by the blaze ( Image: Essex Fire Service) Others show bright orange flames roaring above homes. Seven fire crews … [Read more...] about Brits warned against barbecues as fire destroys multiple gardens and damages 15 homes

A Mumsnet user has been backed online for refusing to let her "dim-witted" friends stay in her cottage for free. In a post to the AIBU (Am I Being Unreasonable?) forum on 8 August, user TitaniasA** explained her predicament. She and her partner have purchased a cottage in Wales, and are planning to relocate. However, the buyer of their current home had to drop out of the sale at the last minute. She wrote: "We found and bought the perfect cottage, quiet location but close to lots of amenities in the next town. It's by the coast with a sea view. "Our buyers for our current house in England have pulled out today (for very genuine reasons). "We got the keys to our cottage last week so we now have two houses, which we were going to take the hit for a month before moving." To make ends meet, the couple has decided to rent out their cottage until they can find a new buyer for their house. After explaining their plan to friends over lunch, the pair said they would use the cottage … [Read more...] about Friends blasted for expecting “free” 4-week stay at couple’s new home

As inflation, higher interest and mortgage rates, lack of supply and skyrocketing house prices combine to make the housing market a very unwelcoming place for new home buyers, things aren't looking any brighter for renters. Rent prices have increased sharply in the last few decades, with a surge of 149 percent in the median rental prices reported in the U.S. between 1985 and 2020, according to data from Real Estate Witch , a service that provides real estate advice. In the same period, the average median income grew by only 35 percent, meaning rent prices rose four times faster than people's wages. The COVID-19 pandemic might have offered a moment of respite to the rental market, with prices declining by as much as 20 percent in some cities across the country. But, like many other sectors and activities after the end of lockdowns and restrictions, rental prices have rebounded. Real Estate Witch found that the two percent growth rate in rent prices common in 2019 has now … [Read more...] about These U.S. cities have seen the biggest hike in rent prices

NPR reporter Scott Simon spoke with a mother who said she bought a gun for protection in Aurora, Colorado, and he asked her, “Why not just call the police?” The mother, Misheika Gaddis, told Simon she bought a 9mm pistol because she is a single mom home alone at night with her eight-year-old son, and she is pregnant with another child as well. Gaddis explained that she decided to buy the pistol– her first gun –because of the crime near her apartment and her experience of coming home from work to find people congregating near her door whom she did not know. She said: So there was a couple of nights where I’d come home, and there would be people in the hallway, like, really close to my door. And the way my apartment building is set up is if you don’t know anybody up there, you shouldn’t be upstairs. There were a couple of nights I felt like I probably needed some protection or probably should have let somebody know I was going in late. But I didn’t think about it until … [Read more...] about NPR to Mom Who Got Gun for Protection: ‘Why Not Just Call the Police?’

Federal legislation that would invest about $375 billion to deal with climate change could mean “gigawatts and gigawatts” of new renewable energy and thousands of new jobs in Colorado and across the county, industry representatives say. The bill that passed the Senate along partisan lines Sunday is on its way to the U.S. House, which is expected to vote on it Friday. The measure, called the Inflation Reduction Act of 2022, would extend solar-energy tax credits for a decade and provide incentives to expand domestic production of solar panels and other equipment. “For the first time in our history as an industry, we have a clear, decade-long and firm policy that allows business owners to evaluate where they’re at and make investments accordingly,” said Mike Kruger, president and CEO of the trade group Colorado Solar and Storage Association. Without the bill, the investment tax credit for solar will expire in 2024. With the bill, Kruger predicted that “gigawatts and gigawatts” of … [Read more...] about Federal bill seen as spark for Colorado’s renewable energy industry, economy

When Zak Shafi was growing up, his family did everything they could to make ends meet. The 23-year-old had no idea how short of cash they were until a classmate spotted his school trousers on the changing room hook in PE and noticed he was wearing girls' uniform - and started to bully him. He tells The Mirror: "I went to school at Wembley High, it was a state school, it improved massively during my time there but to begin with I think it used to be one of the worst performing schools in the country. It wasn't all that at all. A lot of my clothes growing up came from my family, they were passed down to me, little did I know there was a difference between girls' and boys' trousers - the boys had buttons on the back pockets and the girls didn't. "One day in PE one of the guys asked who was wearing girls' trousers as they were hanging up, and I thought it couldn't be me - but it was. I asked my parents why I was wearing girls' trousers - they always did their best but they said they … [Read more...] about ‘I was so poor I had to wear girls’ clothes to school – now I live life of luxury’

A parent who feels like he's been "conned" after agreeing to have his dad build a computer for his teenage son has received a wave of support on Mumsnet, the U.K.-based online forum. According to a post on Mumsnet's Am I Being Unreasonable (AIBU) forum , user Glassback83 was planning to buy his 16-year-old son a PC for his birthday. But the user's father (who has been building computers "for years") said he could build one for "cheaper" than it would be to buy one from a store. So they agreed to have him do it and have the PC be a gift from the user and the child's grandparents. While global PC sales rose during the height of the pandemic , with more people working from home, the latest Mumsnet post follows a record drop in PC shipments worldwide, which saw its sharpest decline in nine years in the second quarter of 2022, according to a July 2022 report by the research firm Gartner. The decline was attributed to ongoing "geopolitical instability" following the … [Read more...] about Grandad who ‘built’ PC for teen slammed over wanting $600 from his parents

Democrats pushed their election-year economic package to Senate passage Sunday, a hard-fought compromise less ambitious than President Joe Biden’s original domestic vision but one that still meets deep-rooted party goals of slowing global warming, moderating pharmaceutical costs and taxing immense corporations. The estimated $740 billion package heads next to the House, where lawmakers are poised to deliver on Biden's priorities, a stunning turnaround of what had seemed a lost and doomed effort that suddenly roared back to political life. Democrats held united, 51-50, with Vice President Kamala Harris casting the tie-breaking vote. “It's been a long, tough and winding road, but at last, at last we have arrived,” said Senate Majority Leader Chuck Schumer, D-N.Y., ahead of final votes. “The Senate is making history. I am confident the Inflation Reduction Act will endure as one of the defining legislative measures of the 21st century.” Republican amendments shunned Senators … [Read more...] about U.S. Senate passes Biden’s mega health, climate bill; House to vote next

COLUMBIA, Mo. (AP) — A campaign to legalize recreational marijuana in Missouri gathered enough signatures to make it on the November ballot, Republican Secretary of State Jay Ashcroft announced Tuesday. If voters approve the constitutional amendment on marijuana, those age 21 and older could buy and grow it for personal consumption as early as this year. “We look forward to engaging with voters across the state in the coming weeks and months," LegalMo22 campaign manager John Payne said. "Missourians are more than ready to end the senseless and costly prohibition of marijuana.” Missouri voters approved medical marijuana use in 2018. Efforts to allow recreational marijuana use have failed to pass Missouri's Republican-led Legislature for years, prompting advocates to go to voters for approval instead. Recreational marijuana is already legal in 19 states, and legalization proposals are on the ballot this fall in South Dakota and Maryland. Supporters are also trying to get … [Read more...] about Missouri voters set to weigh in on recreational marijuana