How Tesla Became The Most Popular Car Brand In Norway

From CNBC. Norway has had massive success with EV adoption, with 82% of new cars sold in the country last year being electric. This high adoption rate can be attributed to the generous subsidies that Norway has offered to electric vehicle owners as well as the country’s investment in charging infrastructure. Tesla’s sales in Norway…

Why The French Love American Fast Food

From CNBC. Despite its reputation for gastronomy, France has become an American fast-food mecca. Between 2019 and 2023, more than 1,300 fast-food restaurants opened in the country, and over the past decade, sales increased by 61%. McDonald’s has the biggest stronghold because of its first-mover advantage. But Burger King, Domino’s Pizza, KFC and Five Guys…

Why The U.S. Can’t Solve Immigration

From CNBC. 2023 saw record-breaking numbers of migrant crossings at the southwestern border, with Border Patrol reporting nearly 250,000 encounters in December alone. But today, less than 1% of those looking to reside permanently in the U.S. can do so legally, according to CATO. The Transactional Records Access Clearinghouse estimates that the immigration court currently…

How The Shadowy World Of Organized Retail Crime Works

From CNBC. CNBC goes inside the shadowy world of organized retail crime, revealing how a crime ring stole millions of dollars of beauty items that ended up for sale on Amazon, according to authorities. For months, we got exclusive access to major investigations by the California Highway Patrol, making arrests and serving search warrants. Ulta…

Can Amtrak Finally Bring High-Speed Rail To Texas?

From CNBC. After decades of research, the U.S. remains without authentic high-speed rail options. Federal planners believe that a route connecting major cities in Texas may be an ideal fit. In 2014, a group organized under the name Texas Central announced plans to connect Dallas to Houston with a bullet train that travels more than…

How Sony Beat Microsoft And Nintendo With PlayStation

From CNBC. The Sony PlayStation changed the gaming industry’s landscape when it was introduced to players 30 years ago. The PlayStation 2 went on to become best-selling console of all time, a title it still holds today. But the company has its fair share of challenges ahead with the ever-changing gaming sector. Just last year,…

How Athletic Brewing Co. Became The King Of Non-Alcoholic Beers

From CNBC. Athletic Brewing Co. is a mid-sized craft brewing company based out of Milford, Connecticut. Like most craft brewing operations Athletic Brewing pumps out IPAs, Dark Beers, Lite Beers, Hazy, some special edition, maybe even a fruity offerings during the summer. Like other breweries you’ll find huge industrial barrels of hops and wheat, maybe…

Why Gas Is So Expensive In California

From CNBC. Drivers in California are no strangers to pain at the pump. The state is home to some of the highest gas prices in the United States. There are several factors that go into what drivers pay at the pump, including refining costs, distribution and marketing, taxes and crude oil prices. High taxes are…

Why Fisker Can’t Compete With Tesla

From CNBC. Fisker, the EV startup founded by renowned Danish car designer, Henrik Fisker, is struggling. The Fisker name became a cautionary tale for much of the automotive world after his first company, Fisker Automotive, ended in bankruptcy. Now, he is trying again, with a new company bearing an almost identical name and logo. The…

Why EV Sales Are Falling | CNBC Marathon

From CNBC. CNBC Marathon explores the decline of electric vehicle sales and its implications. In August 2023, it took about twice as long to sell an EV in the U.S. as it did the previous January. Prices of EVs are down 22% year-over-year and that’s mainly driven by Tesla. About two thirds of EVs sold…

Why Airline Perks Are So Disappointing | CNBC Marathon

From CNBC. CNBC Marathon explores the business of airline amenities and how airlines are working to improve them. Over the past couple of years, airlines and credit card companies like American, United, Chase and Capital One are investing millions into expanding their airport lounge networks for customers. However, lounges have become so popular that some…

Here’s why owning a timeshare may not be worth it #Shorts

From CNBC. While Americans are eager to buy a timeshare, 85% regret their purchase, according to a study. In the past three years, more than 3,000 Americans have filed complaints against the three largest public companies through the Better Business Bureau. Watch the full video to learn more about why it is so hard to…

How Hyundai Became The Third Largest Automaker In The World

From CNBC. Hyundai Motor Group is the 3rd largest automaker in the world by volume. In the 1990s, it suffered low sales and a reputation for low quality. Now its three auto brands – Hyundai, Kia and Genesis – are nipping at the heels of well established competitors, and winning award after award. While Tesla…

Will The Immigration Crisis Bankrupt U.S. Cities?

From CNBC. The ongoing migrant crisis is unprecedented, both in scale and the impact it’s had beyond the border states to cities located deep within the country. Major cities like New York, Denver, and Chicago are finding themselves under extreme financial pressure, exacerbated by the lack of federal funding or assistance. So just how long…

Why public transit keeps running out of money #Shorts

From CNBC. Public transit in the U.S. is notorious for being infrequent and unreliable. And while the U.S. spends billions in funding every year, transits across the nation like the MTA, RTA and SEPTA are finding themselves in a fiscal crisis. So just how did public transit in the U.S. get so awful? And can…

How Nescafé Is Beating Everyone At Instant Coffee

From CNBC. With annual sales of $11.6 billion as of December 2023, Nescafé is Swiss-based food giant Nestlé’s largest coffee segment. Sold in over 180 countries, one in seven cups of coffee consumed worldwide is a Nescafé. Globally about 3 billion cups of coffee are consumed each day and that number is expected to rise.…

Why there is a new global race to the moon #Shorts

From CNBC. To date, only five nations, the U.S., Russia, China, Japan and India, have completed a successful soft landing on the moon. But bolstered by evidence of the presence of water and other natural resources, many more nations and private companies are now seeking to get to the moon. And whoever is able to…

Why Monster Beverage Has The Best-Performing Stock In Over 30 Years

From CNBC. It may come as a surprise that Monster Beverage Corporation, which sells Monster Energy drink, is the best-performing U.S. stock in 30 years, even over tech giants such as Google, Apple, Nvidia and Microsoft. The company has been run by South African billionaires Hilton Schlosberg and Rodney Sacks since they acquired Hansen Natural…

Has The U.S. Fallen Out Of Love With Instant Coffee?

From CNBC. Americans drank an estimated 517 million cups of coffee daily in 2022 spending almost $110 billion on the beverage that year. Cold brews, expresso-based beverages and perfectly roasted beans are among the top drinks for today’s coffee aficionados trying to get their caffeine fix. But one segment of the U.S. market has given…

How Streaming Is Changing The NFL

From CNBC. With the highest-rated programming, the priciest ad time and rights deals worth billions, the National Football League is the most valuable content in media. And now its moves onto streaming platforms like Amazon Prime Video, YouTube and Peacock are having ripple effects across the media and tech landscape. CNBC’s Julia Boorstin speaks with…

What Happened To Axe Body Spray?

From CNBC. Axe body spray existed for almost 20 years internationally, under the name Lynx, before it launched in the United States in 2002. Over the course of the next decade, Unilever’s fragrance brand captured the teenage boy market with its provocative advertising. But it began to fall out of favor, and by 2022, domestic…

Why Americans Are Suddenly Losing Their Home Insurance

From CNBC. Many homeowners in the U.S. are losing their home insurance policies. Major insurers like State Farm and Allstate are no longer offering new policies in California. State Farm attributes this to increased wildfire risk, inflation and other challenges in the region. Louisianan and Floridian homeowners are facing similar issues due to flood risk.…

Why Renters Are Taking Landlords To Court In The U.S.

From CNBC. RealPage software is used to set rental prices on 4.5 million housing units in the U.S. A series of lawsuits allege that a group of landlords are sharing sensitive data with RealPage, which then artificially inflates rents. The complaints surface as housing supply in the U.S. lags behind demand. Some of the defendant…

Are Landlords Colluding On Rent?

From CNBC. RealPage software is used to set rental prices on 4.5 million housing units in the U.S. A series of lawsuits allege that a group of landlords are sharing sensitive data with RealPage, which then artificially inflates rents. The complaints surface as housing supply in the U.S. lags behind demand. Some of the defendant…

Why Getting A Job Feels Impossible Right Now

From CNBC. The job market looks solid on paper. In 2023, unemployment hit a 54-year-low at 3.4% in January, according to the U.S. Department of Commerce. Bureau of Labor Statistics reported that U.S. employers added 2.7 million people to the payroll the same year. But it’s a different story for active job seekers. A staffing…

Why Car Repairs Are Getting So Expensive?

From CNBC. Auto repair costs have been rising for years, but recently they’ve spiked. Experts say it’s likely a mix of factors including heavier, faster and more complex vehicles, riskier driving behavior, new technology, and labor and supply shortages. Repair shop owners say they can’t find enough technicians despite paying six-figure salaries. As technology marches…

The Future Of Online Shopping | CNBC Marathon

From CNBC. CNBC Marathon explores how companies like Amazon, Walmart and their competitors are shifting their marketing and business strategies to compete in today’s economy. Quietly launching its app in September 2022, it only took Temu a few weeks to top app store charts, edging out Amazon, Walmart and even fast-fashion brand Shein. By February…

How Guyana’s Oil Boom Sparked A Border Dispute With Venezuela

From CNBC. Guyana, a tiny South American nation home to more than 800,000 people, made big headlines in December. The reason? Its neighboring country, Venezuela. Venezuela’s autocratic leader Nicolás Maduro called for a referendum in the first week of December 2023 to seek approval to annex Essequibo, which makes up two-thirds of Guyana’s land. Venezuelans…

Why the U.S. is now obsessed with soybeans #Shorts

From CNBC. Soybeans have become a cornerstone of American agriculture, contributing $124 billion to the U.S. economy in 2022. The legume is hailed as a versatile crop used in food, fuel and animal feed worldwide. It was a niche commodity in the 1960s before the U.S. became the top global producer. However, the U.S. has…

Is The U.S. Navy Ready For The Red Sea Threat?

From CNBC. In the Red Sea drone and missile attacks by the Houthi rebels are stemming the flow of commerce in a critical part of the world. The U.S. Navy has deployed numerous ships to help defend against these attacks, but with the high cost of advanced missiles, and fleet that has shrunk considerably since…

Why Trucks In America Are Under Attack

From CNBC. Cargo theft has more than doubled in just a year as thieves are vanishing millions of dollars worth of goods. Strategic cargo theft is surging, where criminals engage in internet-based fraud. CNBC visited supply chain risk management company Overhaul’s Louisville, Kentucky operations to get an inside look at how the industry is fighting…