Unification movement in debt. In 2005 Sun Myung Moon's son, Kook-jin Moon was appointed chairman of Tongil Group. Among Tongil Group's chief holdings are: The Ilwha Company, which produces ginseng and related products; Ilshin Stone, building materials; and Tongil Heavy Industries, machine parts including hardware for the South Korean military. The Tongil Group funds the Tongil Foundation which supports Unification Church projects including schools and the Little Angels Children’s Folk Ballet of Korea. News World Communications, is an international news media corporation. It was founded in New York City, in 1976, by Sun Myung Moon. Its first two newspapers, "The News World"
Unification movement the "Chicago Tribune" was picketed after referring to members as "Moonies". Minister and civil rights leader James Bevel handed out fliers at the protest which said: "Are the Moonies our new niggers?" On an October 6, 1994 broadcast of "Nightline", host Ted Koppel stated: "On last night's program ...I used the term 'Moonies'. This is a label which members of the Reverend Sun Myung Moon's Unification Church find demeaning and offensive, and I'd like to apologize for its use." In other contexts it is still sometimes used and not always considered pejorative. On February 25, 1920, Sun Myung Moon was