CNBC
Why the U.S. can't solve hunger #Shorts
- Title
- Why the U.S. can't solve hunger #Shorts
- Runtime
- 1:00
- Date posted
- 3 years ago
- Description
- 33.8 million Americans didn’t have adequate access to food, according to the latest report from the USDA. What can be done to solve it? More here: https://youtu.be/IfTMARbcYaU
- Title
- Why Warning Labels In The U.S. Aren’t Working
- Runtime
- 13:15
- Date posted
- 3 years ago
- Description
- U.S. consumers seem to be inundated with scary warning labels, but the fear may be necessary.
Research shows people don’t pay attention unless these labels elicit strong emotion. Experts say the rise in warning labels over the past several decades may be backfiring due to desensitization of the potential risks products carry.
"Warning labels really were fairly rare until the 1960s," said W. Kip Viscusi, a distinguished professor of law, economics, and management at Vanderbilt University. "Beginning in the mid-1960's, cigarettes started to have a warning label. Since that time, other products have followed suit, trying to emulate the cigarette experience."
There has been pushback against putting warning labels on certain products. In December 2022, a federal judge ruled that the U.S. Food and Drug Administration cannot require tobacco companies to put graphic warning labels on cigarettes.
"In general, warning labels by themselves [...
- Title
- Why Tesla And Other EV Ranges May Be Inaccurate
- Runtime
- 18:20
- Date posted
- 3 years ago
- Description
- Since the Environmental Protection Agency was founded in 1970, one of its primary tasks has been testing gas burning vehicles - both to see how much they pollute and to tell consumers how many miles per gallon they are liable to get in a car. But since electric vehicles came to market in significant numbers after 2010, the agency has been shifting toward telling consumers how much range they should expect to get on each car. The trouble is that EV technology is changing…fast. The agency has had decades to refine standards for gas burning cars, and just a few years for EVs. Some critics say the tests are inaccurate. CNBC went inside the EPA’s National Vehicle and Fuel Emissions Laboratory to find out how they test EVs.
Chapters:
00:00 — Introduction
02:17 — What the EPA tests
05:44 — How the EPA tests
08:30 — Challenges
13:43 — The future
Produced by: Robert Ferris
Editor: Darren Geeter
Supervising Produc...
- Title
- How Big Banks Like JPMorgan And Citi Want To Put Wall Street On A Blockchain
- Runtime
- 11:32
- Date posted
- 3 years ago
- Description
- Investors at the New York Stock Exchange trade upwards of a billion shares in a single day, but many of those trades take days to settle. Big banks like JPMorgan and Citi think they have a solution, and they need to borrow a tool from crypto to make it happen—blockchain. Citi thinks tokenizing assets on the blockchain could be a $5 trillion dollar industry by 2030. But tight regulation of markets, and a crackdown on crypto from the SEC could slow adoption.
Chapters:
00:00 — Introduction
01:36 — Chapter 1
03:28 — Chapter 2
05:19 — Chapter 3
07:35 — Chapter 4
Produced by: Jordan Smith
Hosted by: Tanaya Macheel
Supervising Producer: Jeff Morganteen
Graphics: Christina Locopo, Andrea Schmitz, Alex Wood
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to aw...
- Title
- How Texas Became The American Chipmaking Hub
- Runtime
- 17:25
- Date posted
- 3 years ago
- Description
- Texas has taken the top spot as the center of U.S. chip manufacturing. The Lone Star State now has more semiconductor fabrication plants than any other state, and six new projects will bring an estimated $61 billion of investment and 8,000 jobs. The integrated circuit was invented in Texas more than 60 years ago, and chip companies are attracted by low taxes, plentiful land, and the $1.4 billion Texas CHIPS Act passed in June. CNBC got a rare look inside three massive chip fabs and toured the two biggest projects under construction: Texas Instruments’ $30 billion site north of Dallas and Samsung’s $17 billion fab near Austin.
Correction: This story has been updated to reflect the correct size ranking of Texas, and details about the invention of the transistor.
Chapters:
00:00 — Introduction
01:58 — Birthplace of the integrated circuit
05:12 — Attracting chip companies
08:36 — Most fabs in the U.S.
12:19 — Water, pow...
- Title
- How The Cellphone Market Is Transforming | CNBC Marathon
- Runtime
- 50:08
- Date posted
- 3 years ago
- Description
- CNBC Marathon explores how the cellphone market is transforming.
Made in China. It’s a common phrase known by many. Cellphones, TV screens and game consoles are just some of the millions of electronics manufactured and imported from China to the U.S. daily. China has controlled the smartphone manufacturing market for years. While some industries, like the semiconductor industry and the EV battery market, are scrambling to build new factories across the U.S., tech giants like Apple and Google are not making the same effort to do that. CNBC explores why tech giants produce phones abroad and whether it makes sense to move production to America.
Dumb phones, once considered outdated, are still prevalent around the world, making up about a quarter of mobile phones actively in use. While affordability in developing countries is a significant reason for their continued use, there could be an unexpected but potential rise in use among younger generations conscientio...
- Title
- Why Americans Love Frozen Food
- Runtime
- 13:08
- Date posted
- 3 years ago
- Description
- Americans love frozen food, but without resilient cold storage supply chain infrastructure, the growth and safety of the massive $265 billion global frozen food market is at risk. Approximately 13% of all food produced globally is lost yearly due to poor cold storage supply chains.
“In the world of cooling refrigeration, we’re still depending upon a more than century-old mechanical incumbent,” Tony Atti, CEO of Phononic, a solid-state cooling company, told CNBC.
Watch the video above to learn more about frozen food demand, global cold supply chain infrastructure, how food is frozen and what’s next for this growing section of the grocery store.
Chapters:
00:00 — Introduction
01:46 — Demand
03:28 — Flash freezing
06:20 — Cold chain
10:06 — Future of frozen
Produced and edited by: Andrea Miller
Animation: Alex Wood, Andrea Schmitz
Supervising Producer: Lindsey Jacobson
Ad...
- Title
- How AI may change the way movies are made #Shorts
- Runtime
- 0:58
- Date posted
- 3 years ago
- Description
- Of the many topics under consideration in this year's Writers Guild of America contract discussions, one nascent technology has fueled dissent among the negotiators: artificial intelligence. Take a look at how AI may change the way films are made: https://youtu.be/eK9QWB1OOro
- Title
- Why The U.S. Can’t Solve Hunger
- Runtime
- 12:38
- Date posted
- 3 years ago
- Description
- 33.8 million Americans didn’t have adequate access to food, according to the latest report from the USDA. That’s despite the fact that U.S. is one of the wealthiest nations in the world based on almost every metric. In response, spending on food assistance programs like SNAP has grown exponentially, reaching a record of $182.5 billion in 2021. But food insecurity has remained relatively the same as it was in 2001. So why are so many Americans still hungry and what can be done to solve it?
Chapters:
00:00 — Introduction
01:51 — Financial pressure
05:40 — Effect on the economy
07:51 — Solving hunger
Produced by: Juhohn Lee
Edited by: Nora Rappaport
Animation: Jason Reginato
Supervising Producer: Lindsey Jacobson
Additional Footage: Getty Images, Food Bank for New York City
Special Thanks: Food Bank for New York City
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subsc...
- Title
- How Empty Offices Become Apartments In The U.S.
- Runtime
- 11:47
- Date posted
- 3 years ago
- Description
- Some U.S. mayors are loosening up rules that determine how developers convert office buildings into apartment complexes. The conversion trend sped up in the 2020s, as the pandemic remote work boom reshaped cities. Declines in office activity are straining tax revenues for city services like education and transit, leading some local leaders to prioritize increased conversion of dated buildings. These rule changes may create some additional housing supply in regions like the U.S. east coast.
Chapters:
00:00 — Introduction
01:45 — Conversions
03:34 — Prices
05:01 — Vacancies
07:00 — Policies
Producer, Editor, and Aerial Photographer: Carlos Waters
Additional Camera by: Andrea Miller
Animation: Christina Locopo, Andrea Schmitz
Supervising Producer: Lindsey Jacobson
Additional Sources: Census Bureau, Jones Lang LaSalle, Kastle Systems
Additional Footage: Athenaeum of Philadelphia, Columbus Metrop...
- Title
- Why Citibank Branches Are Closing Around The World
- Runtime
- 10:27
- Date posted
- 3 years ago
- Description
- After the company’s collapse during the 2008 recession, Citi’s stock has continuously struggled. Shares of the company saw more than a 30% drop over the last 5 years. In 2021, CEO Jane Fraser announced a bold shift in the company strategy, exiting 14 consumer markets outside of the U.S. and instead doubling down on wealth management. It’s a tactical move that several other major banks like Bank of America and Wells Fargo have adopted in recent years. So will Citi’s bet pay off and can the company return to its former glory?
Chapters:
00:00 — Introduction
01:37 — New direction
04:35 — Rise and fall
07:23 — Revenue streams
Produced & Edited by: Juhohn Lee
Animation: Christina Locopo
Supervising Producer: Lindsey Jacobson
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main St...
- Title
- What's Next For Russia After Wagner's Mercenary Revolt
- Runtime
- 8:17
- Date posted
- 3 years ago
- Description
- The Wagner Group rebelled against Russia after accusing the Russian Ministry of Defense of undermining the group's ability to fight in Ukraine, which culminated in an alleged missile strike on the group, according to their leader Yevgeny Prigozhin. After the armed mutiny ended, what comes next for Wagner and its many shady business interests, including resource rights in some African nations, remains to be seen.
Produced by: Brad Howard
Supervising Producer: Jeff Morganteen
Graphics by: Kyle Walsh, Jason Reginato
Additional Footage: Reuters
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the l...
- Title
- What Are The Biggest Threats To Economic Stability: Jeffrey Sachs
- Runtime
- 13:09
- Date posted
- 3 years ago
- Description
- Companies' bottom lines will be affected by geopolitical tensions, and inadequate planning for climate change says Jeffrey Sachs, economist professor at Columbia University. In this episode of The Bottom Line, Professor Sachs explains why productivity measurements are wrong and why a recession may be imminent.
Chapters:
00:00 — Introduction
00:19 — Geopolitics
01:15 — Productivity
02:20 — Artificial intelligence
04:57 — Recession
06:55 — Inflation
07:50 — Climate change
10:10 — Immigration
11:48 — Will the U.S. remain on top?
Produced, Shot and Edited by: Mark Licea
Supervising Producer: Lindsey Jacobson
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. E...
- Title
- Why Americans Are Obsessed With Peanut Butter
- Runtime
- 14:02
- Date posted
- 3 years ago
- Description
- Since its commercial success in the early 1900s, peanut butter has become a mainstay in American pantries. It is mainly due to its affordability, convenience and taste. Its per-capita consumption in the U.S. far surpasses that of other countries, though its popularity is rising in countries like Mexico, China and Canada. Three brands hold the majority market share: Jif, Skippy and Peter Pan, and total revenue for spreadable peanut butter surpassed $2 billion dollars in 2022. The J.M. Smucker Company, which owns Jif, the number one peanut butter seller, also has big plans for its frozen PB&J sandwiches, Uncrustables. Peanut butter holds a 90% household penetration rate in the U.S. and has built a permanent legacy in all its forms. The spread is likely not going away anytime soon and will only continue to grow as it reaches newer audiences domestically and abroad.
Chapters:
00:00 — Introduction
01:52 — Nuts for nut butter
04:14 — Battle of the brands...
- Title
- Why Passenger Train Manufacturing Is Booming In The U.S
- Runtime
- 18:23
- Date posted
- 3 years ago
- Description
- The United States ranks below many industrialized nations when it comes to ridership on its passenger rail, but investment in U.S. rail is picking up. Railcar manufacturing revenue in the U.S., including for freight trains, is expected to reach $2.9 billion by 2028. Meanwhile, investment in passenger rolling stock, which includes high-speed rail, light rail, metro, passenger coaches and locomotives, is expected to increase at a rate of 4.7% per year between 2021 and 2026 across North America. A big boost to the rail industry comes from the Infrastructure Investment and Jobs Act, which was passed in 2021 and designates $66 billion to improve the nation’s rail system. Train manufacturers are hoping to see some of that money trickle down to them. CNBC visited two of the biggest passenger railcar manufacturers operating in the country, Siemens and Alstom, to see how they are ramping up production and to learn what they see as the future of passenger rail in the US.
Chapters:...
- Title
- Why Boarding An Airplane Is So Difficult
- Runtime
- 27:10
- Date posted
- 3 years ago
- Description
- On this episode of "Now Boarding" CNBC’s Erin Black and Leslie Josephs explore how airline boarding works and why it's so slow. They speak with Steve Goldberg, Senior Vice President of Operations and Hospitality at Southwest Airlines about its unique style of boarding, and former airline executive Kerry Philipovitch.
"Now Boarding" is a videocast about air travel and the business of flying. CNBC airlines reporter Leslie Josephs and CNBC senior producer Erin Black delve into topics all things aviation.
Produced by: Erin Black, Leslie Josephs
Animation: Jason Reginato
Camera: Liam Mays
Senior Production Manager: Kathy Mavrikakis
Supervising Producer: Jeniece Pettitt
Executive Producer: Kamelia Angelova
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documenta...
- Title
- Can The NYC Yellow Taxi Survive Uber And Lyft?
- Runtime
- 14:40
- Date posted
- 3 years ago
- Description
- Yellow taxis are an iconic symbol synonymous with New York. But it’s a tough job with drivers on average working more than 9 hours a day, 6 days a week. Taxi’s have also had to contend with a host of other issues. Medallion prices were artificially inflated in the early 2010's due to predatory lending forcing many owner-operators into bankruptcy. The industry has also been overwhelmed by ride hailing services like Uber and Lyft which launched in New York in 2011 and 2014 respectively. Today roughly 13,000 yellow taxis compete with about 80,000 ride-share drivers.
Chapters:
00:00 — Introduction
01:57 — The legacy of yellow taxis
03:58 — The medallion crisis
08:55 — The rise of ride-hailing services
11:43 — The future
Produced, Shot and Edited by: Liam Mays
Animation: Jason Reginato
Supervising Producer: Jeniece Pettitt
Senior Producer: Shawn Baldwin
Additional Camera: Natalie Rice
Additi...
- Title
- Why Apple Is Betting Big On Making iPhones In India
- Runtime
- 9:50
- Date posted
- 3 years ago
- Description
- It took seven years for Tim Cook to visit India again after traveling to the fast-growing country in 2016. Last April, the Apple CEO visited New Delhi and Mumbai to open two flagship stores, one in each city.
"Apple CEO Tim Cook actually traveled to India earlier this year to be in attendance for the opening of those two stores out in India, largely because of the massive opportunity that he sees out in India," said Angelo Zino, a senior analyst at CFRA Research. "In many respects, we are believers that India is going to represent a similar opportunity to China, and they also kind of represent very similar markets in nature."
Apple has been manufacturing older models of iPhones in India since 2017. In 2022, Apple began making the iPhone 14 in India, which was seen as a big shift in its manufacturing strategy. That year, about 3.5% of the world's iPhones were made in India. Apple eventually wants to manufacture 25% of the world's iPhones there.
"Th...
- Title
- Why You Will Be Getting Social Security After All
- Runtime
- 13:40
- Date posted
- 3 years ago
- Description
- Whether directly or indirectly, Social Security has likely touched your life or the life of someone you know. It’s more than likely, if you have a full-time job, a chunk of your paycheck goes toward Social Security. In 2023 nearly 70 million Americans will receive a Social Security benefit every month. It's a lifeline for millions of retirees, disabled Americans, and family members who lost a loved one. But the program is at risk and if action isn't taken, Americans might see a cut in their benefits starting in 2034.
Chapters:
1:29 How Social Security works
2:57 Solvency and Sustainability
6:06 The future of Social Security
Produced and Edited by: Emily Lorsch
Animation: Alex Wood, Jason Reginato
Senior Managing Producer: Tala Hadavi
Additional Footage: Getty Images
Additional Sources: Social Security Administration, National Academy of Social Insurance
» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC
- Title
- Why Wi-Fi On Airplanes Is So Bad
- Runtime
- 12:24
- Date posted
- 3 years ago
- Description
- Airplane Wi-Fi has been around for decades but its reliability and speeds can vary widely depending on the airline, the route and the type and age of the aircraft.
American Airlines, United and other U.S. airlines have been updating their fleets to provide better wifi. Delta has spent over $1 billion retrofitting its planes to bring free wifi to its customers.
The airline is using Viasat, one of the leading providers of satellite internet, to deliver Wi-Fi on board.Viasat recently launched a new satellite with faster speeds and more capacity, which the company says will help keep up with the growing demand for the airline industry.
CNBC got an inside look at how Delta is working to upgrade over 1,200 planes by 2024.
Chapters:
00:00 — Introduction
02:00 — How it works
04:07 — Big players
07:44 — Airlines
10:45 — The future
Produced, Shot and Edited by Erin Black
Animation by ...
- Title
- Who actually pays for credit card rewards? #Shorts
- Runtime
- 0:55
- Date posted
- 3 years ago
- Description
- Lower-income Americans may be paying for wealthy consumers' credit card rewards. More here: https://youtu.be/bkYx9R2k5pk
- Title
- Why Do Groceries Cost So Much? | CNBC Marathon
- Runtime
- 44:32
- Date posted
- 3 years ago
- Description
- From food fraud to the rising cost of eggs, CNBC Marathon explores why food prices are soaring in the U.S.
The food in your kitchen cabinets may not be what it seems. Fraudsters motivated by economic gain secretly infiltrate the global food market through a variety of means, including counterfeits, dilutions, substitution and mislabeling, according to the Global Food Safety Initiative. This may not only harm consumers’ wallets, but it can also put public health and safety at risk.
Consumers paid $4.30 on average in December 2022 for a dozen eggs compared to $1.80 in 2021. There are 373 million laying hens around the United States as of January 2023, according to the United States Department of Agriculture (USDA). After hens lay eggs at a farm, they get graded by the USDA and put into cartons, sold to retailers, and then purchased by you, the consumer. Eggs are an about $10 billion industry with nearly 13% growth annually in profit from 2017 to 2022, accordin...
- Title
- What Happened To Skype
- Runtime
- 15:13
- Date posted
- 3 years ago
- Description
- At its height, Skype – a telecommunications app founded by Scandinavian entrepreneurs Niklas Zennström and Janus Friis, and Estonian engineers Ahti Heinla, Priit Kasesalu, Jaan Tallinn and Toivo Annus – had 560 million registered users. In 2005, just two years after its launch, the app was acquired by eBay. Later, a majority stake was sold to private equity firm Silver Lake. Microsoft then acquired Skype in 2011 for $8.5 billion. While it was revolutionary in its time, Skype’s journey has been full of ups and downs. Now that Microsoft has rival Teams, the future of Skype is uncertain. CNBC explores the company’s past, present and what’s next for the company.
Chapters:
00:00 Introduction
01:09 The early days
06:38 Microsoft era
11:36 What’s left for Skype
Produced and Edited by: Sydney Boyo
Additional Reporting: Jordan Novet
Additional Camera: Kaspar Pokk and Virgo Pärn
Animation: Christina Locopo
Su...
- Title
- Can The U.S. Power Grid Handle The EV Boom?
- Runtime
- 15:26
- Date posted
- 3 years ago
- Description
- The EV revolution could put a major strain on the nation’s electric grid, an aging system built for a world that runs on fossil fuels. To upgrade the grid to meet growing electricity demand, the U.S. needs to build a massive amount of new transmission and distribution lines to connect new renewable energy resources to population centers. But there are major regulatory hurdles to grid infrastructure buildout, and the government is not investing near the amount that analysts say the nation needs in order to meet its electrification targets.
Chapters:
00:00 – Introduction
02:42 — Increasing electricity demand
05:56 — Grid needs
09:33 — Challenges faced
12:19 — Future
Produced and Shot by: Katie Brigham
Edited by: Evan Lee Miller
Supervising Producer: Jeniece Pettitt
Animation: Jason Reginato
Additional Reporting: Catherine Clifford
Additional Footage: Getty Images, Ford, Rivian, Kia, Hyund...
- Title
- How AI Took Center Stage In The Hollywood Writers' Strike
- Runtime
- 10:13
- Date posted
- 3 years ago
- Description
- After failing to reach a contract resolution with the studio association, more than 11,000 film and television writers remain on strike. Of the many topics under consideration in this year's Writers Guild of America contract discussions, one nascent technology has fueled dissent among the negotiators: artificial intelligence.
Since the last writers' strike in 2007, widespread consumer adoption of video streaming has exemplified how novel technologies can upheave the entertainment industry. Now, however, the leaders in the streaming space are dealing with the ballooning costs of high-output, high-quality content.
"Today, the only one we know of that is cashflow positive is Netflix," said Dan Rayburn, a streaming media analyst. "They've estimated they'll be about $3.5 billion of free cash flow this year. Every other company out there, if you think about it, is losing money. Disney, Warner Bros. Discovery, losing billions and billions and billions of dollars a ye...
- Title
- Why Marlboro Maker Altria Is Betting On Smoke-Free Products
- Runtime
- 14:19
- Date posted
- 3 years ago
- Description
- Cigarettes were once prominently displayed in Hollywood films and in glossy magazines. But decades of evidence that smoking kills has caused consumption to plummet. The tobacco industry sold less than 11 billion packs of cigarettes in the U.S. in 2020 down from more than 21 billion packs two decades earlier, according to the Centers for Disease Control and Prevention.
The number of smokers has dwindled as well. Almost 57% of American men smoked cigarettes in 1955, the CDC says. Today just 11.5% of U.S. adults, or about 28 million Americans, are smokers.
That has caused an existential crisis for tobacco companies. Altria, the parent company of Philip Morris USA and the nation's largest tobacco company reported an almost 10% drop in cigarette sales in 2022 from the year prior. The maker of Marlboro’s says it wants to help smokers transition away from cigarettes to what it calls “reduced harm alternatives” like e-cigarettes and heat-not-burn products. But...
- Title
- How UBS became Switzerland's mega bank #Shorts
- Runtime
- 0:46
- Date posted
- 3 years ago
- Description
- UBS Group AG, with over $5 trillion in invested assets, is Switzerland's largest bank. Learn more about the secretive Swiss banking giant here: https://youtu.be/YXTXNzyOMCk
- Title
- Look inside Amazon's new $2.5 billion HQ in Virginia #Shorts
- Runtime
- 0:58
- Date posted
- 3 years ago
- Description
- Amazon formally opened the doors of the first part of its new East Coast headquarters, dubbed HQ2, in northern Virginia. We looked around the campus. More here: https://cnb.cx/3JjpLb7
- Title
- The Rise And Fall Of Goldman Sachs' Marcus
- Runtime
- 10:06
- Date posted
- 3 years ago
- Description
- Saying the name out loud conjures images of Ivy League-educated investment bankers in tailored suits managing money for the wealthiest of the wealthy. Or closing deals in high-rise corporate offices. Advising the wealthiest of the wealthy. Navigating the corridors of power across the world’s financial capitals — New York, London, Singapore.
So, why did Goldman Sachs — the 150-year-old investment bank — try to get into checking accounts and credit cards? And, what’s more, how did Goldman Sachs’ fail at that? Watch the video above to find out more.
Chapters:
00:00 — Introduction
01:13 — Introducing Marcus
03:31 — Goldman’s trouble with consumer banking
05:29 — What went wrong?
07:04 — What’s next?
Produced by Jeff Morganteen
Reporting by Hugh Son
Edited by Dennis Donovan
Graphics by Mallory Brangan
Narrated by Jordan Smith
» Subscribe to CNBC: https://cnb.cx/S...
- Title
- Who Makes Billions Paving America's Roads?
- Runtime
- 15:55
- Date posted
- 3 years ago
- Description
- The asphalt and road paving industry has always been hugely dependent on federal money. In fact, about 50% of the funding to the industry comes from the U.S. government.
With the Infrastructure Investment and Jobs Act, also known as the Bipartisan Infrastructure Act, signed into law, $1.2 trillion will be invested. That is a 40% to 50% increase over the previous FAST Act. CRH, as the largest road paver in the U.S., is one of the biggest winners. In 2022, CRH made more than $32 billion; more than $20 billion of that came from its business in America. That number is about to increase substantially in the next few years.
But there are some strings attached. More money is going to projects that prove they are better for the environment. The industry has solutions to meet this challenge, such as recycled asphalt pavement and warm mix asphalt. But implementing them in the field poses challenges.
Correction 6/26: At 7:58 we misstated 960billion in divid...
- Title
- What Makes New York City More Expensive Than London?
- Runtime
- 11:12
- Date posted
- 3 years ago
- Description
- New York ranked one of the most expensive cities in the world in 2022 whereas London ranked 28th, according to Worldwide Cost of Living 2022 from Economist Intelligence. It would cost approximately $9,500 US dollars to maintain the same lifestyle as about $7,200 dollars would get you in London, according to data collection project Numbeo. Watch the video above to learn more about the cost of living in New York City and London and why people choose to live there despite the inflated price tag.
Chapters:
00:00 — Introduction
01:37 — Basic expenses
04:45 — Income and taxes
08:12 — Is it worth it?
Produced, Shot and Edited by: Charlotte Morabito
Additional Camera by: Mark Licea, Jack Hillyer
Graphics by: Jason Reginato, Alex Wood, Christina Locopo
Supervising Producer: Lindsey Jacobson
Additional Footage: Getty Images, Lucy Wong, Lily Slater
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
- Title
- AWS CEO Adam Selipsky On Amazon’s $100 Million Investment Into Generative AI
- Runtime
- 27:19
- Date posted
- 3 years ago
- Description
- Amazon Web Services CEO Adam Selipsky joins CNBC’s Deirdre Bosa in San Francisco to discuss AWS’ generative AI program, as well as competition among the hyperscalers and the state of enterprise spending.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
AWS CEO Adam Selipsky On Amazon’s $100 Million Inves...
- Title
- How The U.S. Caught A Chinese Spy
- Runtime
- 19:28
- Date posted
- 3 years ago
- Description
- CNBC’s Eamon Javers explores how U.S. companies are in the crosshairs of China’s economic espionage efforts, all while trying to do business in one of the world’s biggest markets. In this in-depth report, Javers examines the unprecedented case of Xu Yanjun, a spy from China who was convicted in U.S. federal court of trying to steal GE engine secrets, and what it reveals about China’s plans to take on Boeing, GE Aviation, Honeywell and the rest of America’s aerospace industry. Watch the video to find out how U.S. law enforcement caught a spy from China’s Ministry of State Security.
Chapters:
01:37 — Spotting a target
05:59 — Investigation begins
08:18 — Made in China
12:30 — Catching a spy
18:38 — Winning the espionage war
Correspondent: Eamon Javers
Produced by: Kathy Liu
Additional Reporting by: Bria Cousins, Christie Gripenburg, Laura Measher
Edited by: Allison Stedman
Animation:...
- Title
- Can Burger King Make A Comeback?
- Runtime
- 17:31
- Date posted
- 3 years ago
- Description
- In September 2022, Burger King owner Restaurant Brands International announced the chain’s $400 million Reclaim the Flame plan. Now the No. 3 burger chain behind McDonald’s and Wendy’s, Burger King is pouring $150 million into advertising and digital investments to “Fuel the Flame” and $250 million toward a “Royal Reset” involving restaurant technology, equipment and remodels, and relocations. In connection with the big revamp, the company also hired two former Domino’s executives: Tom Curtis, Burger King U.S. president, and Patrick Doyle, executive chair of RBI. Wendy’s snatched the No. 2 spot from the chain in 2021 after years of declining sales due to complex menu items, outdated restaurants and slow operations. BK profits fell about 20% from 2019 through 2022. It remains to be seen if the overhaul will be enough to put the mother of the Whopper back into the burger supremacy race.
Chapters:
00:00 — Introduction
01:34 — Reclaim the Fl...
- Title
- California's high-speed rail is running out of money #Shorts
- Runtime
- 0:53
- Date posted
- 3 years ago
- Description
- Despite the funding challenges, progress has been made on the project. CNBC visited California’s Central Valley, where construction is underway, to find out what it will take to complete what would be the nation’s largest infrastructure project. More here: https://youtu.be/FgHSYHXFfwg
- Title
- Why America’s Retailers Like Target Fail Abroad | CNBC Marathon
- Runtime
- 28:09
- Date posted
- 3 years ago
- Description
- From Target and McDonald’s to Harley-Davidson, CNBC Marathon explores why some U.S. retailers struggle to make it abroad.
Target’s first and only foray into international markets happened in 2013 in Canada. The retailer opened a total of 133 stores in just over a year. But the expansion didn’t go as planned. By April 2015, Target withdrew from the North American neighbor and closed all locations. Poor real estate decisions, weak leadership, and major SAP systems errors contributed to the company failing in Canada. Target lost $4.1 billion in after-tax losses in just one year as a result of the fallout. The company has no plans to expand internationally anytime soon.
McDonald’s is synonymous with fast-food in many parts of the world, but there is one country where it’s failed to capture national attention. Iceland celebrated the fast-food chain when it entered in 1993, but a global economic collapse during the next 15 years forced McDonald’s to exit...
- Title
- Why Airplane Turbulence Is Getting Worse
- Runtime
- 31:53
- Date posted
- 3 years ago
- Description
- On this episode of “Now Boarding” Leslie and Erin discuss turbulence: what causes it, whether it’s getting worse and why it’s usually nothing to worry about. While serious injuries from turbulence are rare, it’s always important to follow crew safety instructions.
“Now Boarding” is a videocast about air travel and the business of flying. CNBC airlines reporter Leslie Josephs and CNBC senior producer Erin Black delve into topics like turbulence, airline status, boarding, jumbo jets and all things aviation. Watch this episode and others on CNBC’s YouTube channel.
Produced by: Erin Black, Leslie Josephs
Animation: Jason Reginato
Camera: Liam Mays
Senior Production Manager: Kathy Mavrikakis
Supervising Producer: Jeniece Pettitt
Executive Producer: Kamelia Angelova
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CN...
- Title
- Why Charles Schwab Became A Financial ‘Supermarket’
- Runtime
- 11:28
- Date posted
- 3 years ago
- Description
- Charles Schwab is the largest public brokerage in the U.S., a leading provider for financial advisors, a top ETF asset manager and one of the biggest banks. Charles Schwab was among the firms that benefited from the growth of retail investing during the coronavirus pandemic, and it’s now facing the consequences of Federal Reserve’s aggressive interest rate hikes. Watch the video above to learn more about how Charles Schwab battled the ever-evolving financial services market from fees to fintech, and how the reward doesn’t come without the risk.
Chapters:
00:00 — Introduction
01:07 — Discount Broker
02:43 — History
04:48 — Beyond Brokering
07:09 — Zero Fees
09:50 — Future
Produced by: Andrea Miller
Additional Reporting by: Yun Li
Edited by: Emily Sternlicht
Animation: Christina Locopo
Supervising Producer: Lindsey Jacobson
» Subscribe to CNBC: https://cnb.cx/Subscribe...
- Title
- Why More And More Colleges Are Closing Down Across America
- Runtime
- 16:36
- Date posted
- 3 years ago
- Description
- The mid-2010's saw an uptick in U.S. college closures—particularly in the private nonprofit space.
Since 2016, 91 U.S. private colleges have either closed, merged with another school, or announced plans to close according to a CNBC analysis of data from Higher Ed Dive. This trend is affecting tens of thousands of college students across the country, with almost half of those schools closing after the onset of the pandemic in 2020. For many struggling schools the pandemic was the final straw—but two major themes showed up consistently throughout the closures: finances and enrollment.
"There are two significant issues affecting higher education right now," said The Princeton Review's Editor-in-Chief Robert Franek. "Specifically, through the admission and enrollment offices. Number one, it is the admission cliff, and that is the impending decline. We'll be graduating our lowest high school classes by population in 2025. And most enrollment professionals have been wr...
- Title
- How AI, Interest Rates And Inflation Impact Companies: Mark Zandi
- Runtime
- 8:28
- Date posted
- 3 years ago
- Description
- The biggest factors contributing to companies' bottom lines right now are high interest rates and artificial intelligence says Mark Zandi, chief economist at Moody's Analytics. Artificial intelligence presents both challenges and opportunities for workers and employees, according to Zandi.
"If you're able to harness the power of artificial intelligence in your work, you're more productive. You should be able to command a higher wage and benefit from the fact that AI is lifting everyone's productivity for businesses," said Zandi.
He also said AI will be implemented differently across various sectors of the economy.
In this episode of The Bottom Line, he discusses key risks for companies including climate change, inflation and whether the U.S. will remain the world's leading economy.
Chapters:
00:00 — Introduction
00:17 — Artificial Intelligence
02:38 — Interest Rates
03:11 — Inflation
04:15 —...
- Title
- Virtual layoffs have become the new normal for the workplace #Shorts
- Runtime
- 0:43
- Date posted
- 3 years ago
- Description
- The rise of remote work during the Covid-19 pandemic has now brought about the rise of the virtual layoff. Watch the full video to find out how virtual layoffs have become a new workplace norm: https://youtu.be/oIs8J7H1fWY
- Title
- Why The U.S. Is Failing At Its Economic Goals
- Runtime
- 10:19
- Date posted
- 3 years ago
- Description
- The Fed has a dual mandate to strike a delicate balance to ensure low, steady prices and promote an economy that allows everyone to get a job who wants one. But, the mandate’s targets can contradict each other. Some economists think the central bank should consider a single target while others argue it has created a more stable economy. “There’s an inherent conflict in trying to keep prices down,” Danielle DiMartino Booth, founder and CEO of QI Research, told CNBC. “It’s impossible to maximize employment and not ignite price pressures.”
Here’s how the Fed tries to strike a near impossible balance to promote both parts of the dual mandate.
Chapters:
00:00 — Introduction
01:45 — Dual Mandate
04:05 — Balancing Act
06:40 — Single Mandate
Produced by: Andrea Miller
Edited by: Mark Licea
Animation: Andrea Schmitz
Supervising Producer: Lindsey Jacobson
» Subscribe to CN...
- Title
- How 3M And DuPont Are Being Sued Over ‘Forever Chemicals’ In Water
- Runtime
- 6:14
- Date posted
- 3 years ago
- Description
- Maine recently joined a growing list of states suing chemical manufacturers over toxic "forever chemicals," or PFAS, claiming significant harm to residents and natural resources. An estimated 64 million people across the U.S. are affected by drinking water contaminated with the chemicals. According to the Environmental Protection Agency, even tiny exposure to PFAS in drinking water could pose a serious health risk. Watch the video above on how 3M faces a bellwether trial over PFAS that could set the tone for future lawsuits.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow ...
- Title
- Why Airlines Are Bringing Back Jumbo Jets (Sort Of)
- Runtime
- 17:05
- Date posted
- 3 years ago
- Description
- On this episode of “Now Boarding” Leslie and Erin discuss the rise and fall of jumbo jets, like the Boeing 747 and the Airbus A380. Now international travel is rebounding from the pandemic, and some of these giant planes are getting dusted off to fly around the world again, carrying hundreds of passengers at a time.
“Now Boarding” is a videocast about air travel and the business of flying. CNBC airlines reporter Leslie Josephs and CNBC senior producer Erin Black delve into topics like turbulence, airline status, boarding, jumbo jets and all things aviation. Watch this episode and others on CNBC’s YouTube channel every Sunday.
Produced by: Erin Black, Leslie Josephs
Animation: Jason Reginato
Camera: Liam Mays
Senior Production Manager: Kathy Mavrikakis
Supervising Producer: Jeniece Pettitt
Executive Producer: Kamelia Angelova
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: ht...
- Title
- How To Convert A Gas-Powered Car To An Electric Vehicle
- Runtime
- 16:36
- Date posted
- 3 years ago
- Description
- Interest in electric vehicles is at an all time high, with sales of new EVs up 55 percent in 2022 compared to the year prior. But there are still a lot of gas cars on the road today and there will be for a long time. EV conversions are becoming a bigger trend that could help. Both the shops and aftermarket community are growing substantially to meet the new demand. CNBC explores what it takes to convert a gas-powered car to an electric vehicle and whether it could go mainstream.
Chapters:
00:00 — Introduction
02:40 — EV conversions
04:12 — Conversion shops
06:45 — DIY community
11:16 — Challenges
Produced, Shot and Edited by: Andrew Evers
Supervising Producer: Jeniece Pettitt
Narration: Robert Ferris
Additional Footage: Tinkergineering, Ford, Chevrolet, SEMA, EV West, Electric Vehicle Learning Center, Portland Auto Show
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe...
- Title
- Can Nvidia And The AI Boom Save The U.S. Stock Market And Economy?
- Runtime
- 8:11
- Date posted
- 3 years ago
- Description
- Nvidia's rapid rise to a $1 trillion company was a watershed moment for the U.S. stock market. Not only did the U.S. chipmaker report blowout earnings, it also told investors to expect even more and more of those profits to keep rolling in. Nvidia makes the powerful computer chips that help power the generative A.I. boom. If corporate American wants to keep up in the current A.I. arms race, they need chips from Nvidia, and perhaps more importantly, access to Nvidia's growing A.I.-powered data center business. This all sent Nvidia's stock to the stratosphere, boosting the tech-heavy NASDAQ and sending a signal to Wall Street that the A.I. boom is for real. But Nvidia's success comes with a few problems. The stock market's recent rally has come from just a handful of Big Tech stocks, Nvidia included. And with inflation remaining sticky and the labor market showing signs of strain, can the Nvidia-powered A.I. boom save the stock market and wider economy after all?
Chapters:
- Title
- The Untold Story Of Samsung’s Growing Chip Business
- Runtime
- 17:40
- Date posted
- 3 years ago
- Description
- Samsung may be known for android phones, TVs and appliances, but it’s also been the undisputed leader in memory for more than three decades. Now, as memory prices continue to fall, it’s doubling down on manufacturing chips for outside customers, with a $17 billion new chip fab in Texas and new $228 billion cluster in South Korea. CNBC got a rare look inside Samsung’s chip business to bring you the untold story of how it became the world’s second biggest advanced chipmaker, just as it makes plans to catch the industry leader TSMC.
Chapters:
00:00 – Introduction
02:31 — From fish to microchips
06:10 — Making more chips in the U.S.
11:17 — Concerns and controversy
14:40 — Ambitious road map ahead
Produced and Shot by: Katie Tarasov
Edited by: Amy Marino
Supervising Producer: Jeniece Pettitt
Animation: Alex Wood, Chirstina Locopo, Jason Reginato
Additional Camera: Katie Brigham, Sydney Boyo, ...
- Title
- Why GM Is Killing The Chevy Camaro After 57 Years
- Runtime
- 15:53
- Date posted
- 3 years ago
- Description
- Since it rolled into dealerships in 1966, the Chevrolet Camaro has been one of the most famous American pony cars. It was General Motors’ answer to the Ford Mustang. It was also an affordable sports car - speed, muscle and even track-ready performance for a blue collar price. But the car is soon to disappear from GM’s lineup. GM is saying little about future plans, but facing a changing market, the company has been stripping sports cars and sedans out of its lineup for some time. It is also investing heavily in EVs. Some say an EV version of the Camaro could be a possibility. Fans hope it will return, but that the car can retain its classic appeal.
Chapters:
00:00 — Introduction
01:05 — The love of the Camaro
05:24 — A dying brand
11:04 — Impact on GM
Produced by: Robert Ferris
Shot and Edited by: Natalie Rice
Animation: Jason Reginato, Christina Locopo
Senior Managing Producer: Tala Hadavi
Additio...
- Title
- Why Converting Passenger Planes To Cargo Jets Costs Millions
- Runtime
- 8:04
- Date posted
- 3 years ago
- Description
- With the demand for converting retired passenger planes into cargo haulers surging, this lucrative trend allows these older jets to serve a new mission, transporting goods ranging from produce to pharmaceuticals worldwide. Despite the high cost of over $30 million per plane, the business of converting planes remains in high demand, with conversion slots sold out for several years.
Chapters:
00:00 — Introduction
01:45 — Increase in demand
04:09 — How it works
05:47 — Cargo outlook
Produced by: Leslie Josephs
Edited by: Liam Mays
Additional Camera: Tim Fadek
Supervising Producer: Jeniece Pettitt
Senior Producer — Post Production: Erin Black
Additional Footage: Amazon, Jim Wilson Photography, Getty Images, Boeing
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Ma...
- Title
- Why The EV Industry Is Betting On This Lithium Mining Breakthrough
- Runtime
- 15:40
- Date posted
- 3 years ago
- Description
- A suite of new, but largely unproven, technologies known as direct lithium extraction could revolutionize lithium mining from brine, making it more efficient and sustainable and eliminating the need for large evaporation ponds. A number of companies including EnergyX, Lilac Solutions, and Standard Lithium are entering the DLE market and getting ready for commercial implementation across South America and the U.S., while automakers like BMW, GM and Ford are investing.
Chapters:
00:00 — Introduction
01:55 — The need for DLE
04:17 — Different approaches
10:50 — Road to commercialization
CORRECTION (June 5, 2023): At 12:16 in the video we state that Bolivia was previously considering using DLE technology from both EnergyX and Lilac Solutions. In fact, the Bolivian government is still considering a future partnership with Lilac Solutions.
Produced, Shot and Edited by: Katie Brigham
Animation: Christina Locopo, Ja...
