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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 our journey to learn something new, we next stop in Sydney Australia. The nickname of Sydney is Sin City which was the name given in the 20th century because of the crime rate and corruption.
Sydney officially became a city in 1842. It is situated at a similar latitude to Cape Town and Buenos Aires in the Southern Hemisphere and Casablanca, Los Angeles, and Beirut in the Northern Hemisphere.
Lots of cultures can be found in Sydney where there are more than 250 different languages spoken with English, Arabic, Cantonese, Mandarin, Greek, and Vietnamese being the main.
The steel and concrete Harbor Bridge, in addition to the Opera House in this picture are some of the highest recognized landmarks in the world. The Harbor Bridge is affectionally nicknamed as the Coat Hanger.
The Sydney Opera House was listed as a UNESCO World Heritage site in 2007. Queen Elisabeth II inaugurated its opening on October 20, 1973. The roof is made of 2,194 precast concrete sections which way up to 15 tons. Eight Boeing 747s could sit wing-to-wing on the site.
Sydney was another business stop to meet with the local sales teams and major retailers. Favorite places like Sydney are what inspires my multi-cultural approach to business and life. It is a big world out there. Take the time to dream, explore, and discover the possibilities of creating a life with no regrets. The world will not come to an end today as it is indeed already tomorrow in Australia.
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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