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Royal Caribbean is leading the $61 billion cruise industry’s comeback. This comes just a couple of years after a 15-month pandemic era shutdown led to questions about whether the industry could ever recover.
The Bitcoin halving takes place roughly every four years, and the technical event cuts the reward pays out to miners for validating blocks of transactions.
More than half (52%) of Americans say they would need at least $100,000 a year to be financially comfortable, according to the August 2023 CNBC Your Money Survey.
The EV revolution could bring more change to the automotive industry than since its founding, and the potential impact is a tempting proposition for entrepreneurs. But this business is not for the faint of heart and nothing like starting an app
Some businesses using new artificial intelligence tools have reported big gains in labor productivity. These AI assistants, backed by some of the biggest names in tech, could someday change how work gets done in the U.S.
Nine years after its megamerger, food behemoth Kraft Heinz is facing challenging times amid slumping sales, high inflation, a shift away from processed foods and stiff competition.
Saudi Arabia is racing to finish the $22B Riyadh Metro in time to modernize its capital city and open its doors to the world.
When guests stay at a hotel chain like Marriott, Hilton or Hyatt, these companies don’t typically own the property. They may not even run it.
Why we’re all paying so much more for Netflix, and what we can do about it.
A majority of Americans, 95%, said they plan to look for a new job in 2024, according to a survey by job site Monster. Money’s a big part of this: 45% of American workers say they need a higher income.
This past January, Boeing came inches from yet another catastrophe as a door plug blew off an Alaska Airlines 737 Max 9 plane at 16,000 feet shortly after taking off from Portland, Oregon.
When Japanese automaker Toyota first brought hybrids to the U.S. in the early 2000s, they were at the cutting edge of green transportation. But soon after, EVs stole the spotlight.
Boeing was given 90 days to present regulators with an action plan to address quality-control issues at its 737 factory, following the Alaska Airlines door plug incident.
The tire business can be a brutal one - low growth, low margins and extreme competition. Tire makers are at the mercy of ups and downs of raw material prices. About half of customers are largely indifferent to the brand of tires they buy.
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
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%.
OpenAI’s new text-to-video AI model Sora can create some very realistic scenes. How does this generative AI tech work? Why does it mess up sometimes? When will it be released to the public? What data was it trained on?
Matte paintings have transformed movies for over a hundred years. AI could be the next step in making them.
How artificial intelligence hides in plain sight.
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
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Continuing our journey to learn something new, our next stop is the Grand Bazaar in Istanbul Turkey. It all began in the year 1455 when Mehmet the Conqueror, the Ottoman Empire’s visionary leader, decided to establish a center of trade in the heart of the city.
Today the Grand Bazaar or as known to locals as the Kapalıçarşı is one of the world’s most famous shopping destinations. Its 30,700 square meters (330,452 square feet) covered retail mecca is a wonder to get lost it.
Inside the Bazaar’s 64 streets and smaller alleyways are roughly 4,000 stores, a mosque, post office, cafes, banks, delicious spices from the orient galore, local foods, and even a police station. You might call it a mini or maybe even better a mega city mall plus.
As a tour guide correctly wrote, the Grand Bazaar in Istanbul is a living testament to the city’s rich history and vibrant culture. It is a place you can shop for exquisite treasures, indulge in delectable flavors, and immerse yourself in the traditions of the past.
A special life-long friend who arranged for me to experience this special place once again is what inspired this summary. Retail has so many exciting places in the world where culture and humanity come together in an explosion of all your senses. Traveling back to Istanbul of what a great feeling it is to step away from your comfort zone, focus on the probabilities, vanquish the impossible, and create immersive experiences of a lifetime.
McKinsey Technology Trends Outlook 2024
Which technology trends matter most for companies in 2024? New analysis by the McKinsey Technology Council highlights the adoption, development, and industry effects of advanced technologies. The two trends that stood out in 2023 were gen AI and electrification and renewables. - From McKinsey and Company Read more
Visualizing the Cost of Hosting the Olympics
The Paris Olympics are estimated to cost over $9 billion to host, making them one of the less expensive Summer Olympic Games in recent memory. The International Olympic Committee requires cities to have at least 40,000 hotel rooms for spectators and an Olympic Village that can house 15,000 athletes and officials. - From Visual Capitalist
Why EV Leases Are So Cheap Right Now In The U.S. -CNBC
Automakers are offering steep discounts on electric vehicles, and especially on leases. In the first three months of 2024, less than a quarter of car buyers leased vehicles, but more than a third of EV buyers did. Read more
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