Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

Good morning. Today is Monday, August 12th. I'm Julie Morgan.

Evie worries in South Korea.

L. L. L. Floring is bankrupt, and Wade and James, the chaotic and unpredictable fast talker

and his ex-men friend, shoot and claw their way to more than a billion.

An electric vehicle blaze in South Korea is sparking questions as well as talk about new rules for the industry.

A major fire on August 1st that took 8 hours to put out and destroyed or damaged about 140 cars

was found to have been caused by an unplugged Mercedes-Benz

EV that was parked below a residential building.

According to the sole Metropolitan Fire and Disaster Headquarters, over 600 such fires have occurred in underground

parking lots in the country over the past decade.

South Korean officials are now weighing whether to require electric vehicle makers to disclose their

battery brands at a time when EV sales growth is slowing globally.

Discussions have been held with Mercedes-Benz as well as

Honda motor and Volkswagen.

L.L. flooring is up 4.3% after it announced

that it had initiated voluntary Chapter 11 reorganization proceedings to pursue a going

concern sale of its business.

The company is operating normally with over 300 continuing stores and its online platform.

L.L. flooring has begun closing sales at 94 locations with assistance from Hillco Merchant Resources.

The company has secured a commitment

for debtor in possession financing

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