Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
LG Household & Health Care announced it has appointed a new chief executive officer after Cha Suk Yong stepped down. It was reported that the outgoing CEO is vacating his post after 18 years in the company.
As per The Korea Times, the poor performance of LG H&H is one of the reasons for Cha’s departure. He led the health and household arm of LG Group for a long time and decided it was time for him to make his exit and give way to the younger generation of leaders.
Then again, despite Cha’s statements, the change in leadership, which was confirmed by the company on Thursday, Nov. 24, was interpreted with other meanings. Business observers said that the reshuffle is actually LG H&H’s attempt to recover and get back on track. The company is experiencing slow down in sales right now, so a new leader could be an opportunity to take a leap forward again.
LG Household & Health Care said it has assigned Lee Jung Ae to replace Cha Suk Yong. Prior to the promotion, she has been serving as the company’s senior vice president and the beverage business unit’s head. Lee has become the first-ever female CEO of the firm.
The new chief joined LG H&H in 1986 and led the household goods, cosmetics, and beverage divisions as she slowly goes up in the executive ranking. Since she has been with the company for years, so it is clear that Lee has a high understanding of LG H&H’s business and organization as a whole thus, she is prepared to be the new CEO.
"LG's executive reshuffle for 2023 is focused on designing the future by deploying talented professionals with potential and expertise as new executives to lead LG's future," the LG Group stated regarding the executive revamp. "LG has thoroughly chosen new executives from the perspective of future competitiveness, ranging from R&D and customer experience, as well as production, purchase, supply chain management and quality/safety."
Yonhap News Agency reported that Lee Jung Ae would officially take over LG H&H on Dec. 1. It was not mentioned if Cha Suk Yong is staying in the company for another role or if he will retire already.
