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Despite adding around 1,500 new stores between 2022 and 2024, Starbucks’ revenue hasn't increased. Competition from chains like Luckin, Cotti and Manner have increased sharply in the years following the pandemic.
CNBC Marathon explores the different struggles the aircraft company Boeing, has faced these past couple of years.
Between 2014 and 2024, private equity firms invested more than $90 billion into U.S. restaurants and bars. Red Lobster and TGI Fridays were two of the most notable.
Americans drive much more than in any other country – twice as much as the average German, for example. And the actual experience of driving isn’t quite as romantic as the image. Drivers are often stuck in traffic.
Studies have shown Americans use an average of 46 mobile apps each month to complete a variety of everyday tasks. Now imagine if you could combine all of those programs into a single, standalone app.
Google Maps is the world’s top navigation app, and in February it will turn 20 years old. It’s aiming to stay ahead using new generative AI features, and a nimbler Street View camera that will help it map at least three new countries.
Nissan’s pending merger talks with its archrival Honda may give be its best shot at surviving. The third largest Japanese automaker by volume is struggling in multiple regions around the world, including the US and China.
Over the past decade, malt-based canned drinks like White Claws have grown exponentially in popularity in the U.S. But by 2022, White Claw hard seltzer sales had peaked as the market became highly saturated. Now, canned cocktails are on the rise
Spirit Airlines filed for bankruptcy protection in November 2024, the first major U.S. airline to do so since 2011. The iconic budget airline hasn’t had a profitable year since 2019 and it’s lost more than $2 billion since 2020.
Record travel this holiday season means more delays and cancellations, but a well-designed airport can ease the flow of millions. Seamless passenger flow reduces confusion, makes airports more money and helps prevent delays.
What will be the stories that shape the coming year? Tom Standage, editor of The World Ahead, reveals his top 3 for 2025
In November, Amazon quietly launched Haul, a mobile-only section of its shopping app for items under $20. They take at least a week to arrive because they're largely coming from China.
As the job market tightens, especially for white-collar positions, 'coffee badging' is trending. Watch the video above to learn more.
Facebook changed its name to Meta in October 2021 and CEO Mark Zuckerberg used the occasion to show the world his vision of a digital future of work and play accessible through a VR headset.
While many U.S. malls face anchor store closures and empty parking lots, some are finding new life by becoming housing. Real estate developers are building housing inside of or next to shopping malls as department stores like Macy’s, JCPenney and Sears.
CNBC examines China’s rapidly growing automotive industry, focusing on its technological advancements, increasing exports, and a lack of interest in American car brands.
American Airlines created the first major airline loyalty program in 1981 as a way to compete for customers post-deregulation. But today these programs are the industry norm.
Americans spent more than $17 billion on iced coffee, cold brew and frozen coffee drinks in 2023, which is doubled the amount spent in 2016.
The number of U.S. farms and what they grow for human consumption have been on a decline for decades.
As companies navigate a politically charged climate in 2024, many are scaling back their DEI initiatives.
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Continuing to learn something new, we travel to Florence Italy. It is not just the birthplace of the Renaissance, but also the place where the piano, opera, and gelato were invented.
America is named after the Florentine Amerigo Vespucci. The story of Pinocchio was written in this city. The famous luxury fashion brand Gucci was founded Florence by Guccio Gucci in 1921 and you can still visit the first store located here. It’s also where you will find the world’s oldest pharmacy established in 1221.
Florence’s cathedral, Santa Marie del Fiori or Il Duomo, is the 11th largest church in the world, was built with over 4 million bricks and took 140 years to complete Michaelangelo’s statue of David was created between 1501 and 1504.
Dante Alighieri, the father of the Italian language, wrote “The Divine Comedy” in a Florentine dialect that eventually evolved into modern Italian. The city is also credited with establishing one of the first medical schools in Europe, the University of Florence School of Medicine.
In a 2017 personal article titled “Reflective Moments that Change your Life,” I reflected on the Florence experiences of three quintessential Renaissance men. The biographies of Leonardo da Vinci, Michelangelo, and Galileo clearly illustrate, there is no perfect life. As humans we all make mistakes and fail at times. How we react and where we go next is totally up to each of us. What we think about, we will become.
You are not alone. Focus on the possible, ignore the impossible, for the glass is always half full. Be endlessly curious. Find your special place (as I did when I wrote 2017 Florence article) and have that quiet conversation with history to build an amazing fulfilling successful life.
Uncharted Territory: Global Economic Outlook 2025-2027 - 1H 2025
A decline to 2.3% global output growth is anticipated for this year and next, followed by a modest rebound to 2.9% in 2027. Our latest projections suggest 2025–2027 average growth of 2.5%, marking a decline from the 2.8% projected in January. - From Kearney Read more
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China Coffee Wars — Why Starbucks Is Losing The Battle With Luckin -CNBC
Despite adding around 1,500 new stores between 2022 and 2024, Starbucks’ revenue hasn't increased. Competition from chains like Luckin, Cotti and Manner have increased sharply in the years following the pandemic. Read more
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