Why Is Costco Opening Its Own Chicken Farm?

From CNBC. In fall 2019, Costco will open a chicken farming operation in eastern Nebraska. This venture will provide Costco with 100 million chickens, or 40 percent of its yearly chicken needs, allowing it to partially escape the American chicken oligopoly run by the likes of Tyson, Pilgrim’s Pride and Perdue. One of the brand’s…

CNBC’s 2008 Coverage Of Bernie Madoff’s Ponzi scheme

From CNBC. As details were revealed of Bernie Madoff’s Ponzi scheme in December 2008, CNBC covered the breaking news, the court proceedings and spoke with victims of his scam. Looking back, Bernard Madoff’s investors vividly recall the shock when they learned they were victims of the biggest con man of all time. “It was disbelief.…

Why Quitting Facebook And Instagram Made Me Happier

From CNBC. CNBC technology reporter Christina Farr deleted Facebook and Instagram from her phone in August, and hasn’t checked either app since. Here’s how her social media detox has improved her life. summer camp for burned-out adults called “Camp Grounded.” There were three rules: Take a camp name of your choosing, like Luna or Huckleberry,…

Why Netflix Is Struggling In India

From CNBC. Netflix has 137 million subscribers and a majority of them are international. But the streaming giant is still struggling to break into India, the world’s second-largest internet market. CNBC’s Alex Sherman explains why. Netflix is currently valued much higher than other media companies. Despite a share pullback in recent months from more than…

Danica Patrick On NASCAR, Entrepreneurship

From CNBC. For Danica Patrick, it was never really about the thrill of racing NASCAR or Indy cars at more than 200 miles per hour. Now that she’s hung up her helmet and fire suit for her next chapter as an entrepreneur, she said she doesn’t miss the track. That wasn’t the point in the…

Are Shipping Containers The Future Of Construction?

From CNBC. Shipping containers are being used as a constructive alternative for homebuilders. Paul Galvin, the chief executive of SG Blocks, says the days for traditional homebuilders are numbered. Homeowners in hurricane- and tornado-prone areas now have an alternative to traditional brick and wood structures to keep their families safe: shipping containers. Their unibody steel…

Ford’s Fight To Remain An American Icon

From CNBC. Ford is the oldest U.S. automaker. But new technology and changing consumer preferences could put the century-old company in jeopardy. These days, Ford Motor can’t seem to please investors. Shares of the automaker are down around 25 percent this year, even though Ford remains a profitable company with an iconic brand and a…

Could An Apple Watch Save Your Life?

From CNBC. CNBC’s Chrissy Farr tried out the new ECG app and irregular heart rate notification for Apple Watch ahead of its release on Thursday. Here’s how to use it. The Apple Watch has always had an optical sensor to monitor heart rate called a PPG, which is short for photoplethysmogram. Heart rate gives you…

Could Apple Watch Series 4 Save Your Life?

From CNBC. CNBC’s Chrissy Farr tried out the new ECG app and irregular heart rate notification for Apple Watch ahead of its release on Thursday. Here’s how to use it. The Apple Watch has always had an optical sensor to monitor heart rate called a PPG, which is short for photoplethysmogram. Heart rate gives you…

Walls In History And What It Means For Trump

From CNBC. President Donald Trump’s proposed US-Mexican border wall has become an emblem of a fiery, divisive, political debate about immigration. How will Trump’s border wall be remembered in history, if at all? This is what some of the most famous walls in history can tell us about the U.S.-Mexico border today. A wall can…