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Is Toyota late to EVs?
  + stars: | 2023-01-17 | by ( Dymond Green | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIs Toyota late to EVs? Environmentalists and electric vehicle advocates are accusing the world's largest automaker, Toyota, for dragging its feet on electrification. As of early 2023, the company sells only one electric vehicle, the bZ4X, which it has only sold in small quantities. Will it be able to catch up with the rest of the world, or is Toyota actually in the driver's seat by going slow in EV adoption given how small the global market share is in total electric vehicle sales?
Cereal giant Kellogg is staging a makeover
  + stars: | 2022-11-28 | by ( Dymond Green | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCereal giant Kellogg is staging a makeoverKellogg, the 117-year-old brand that started as a breakfast cereal company and has since expanded to be one of the largest food companies in the world, has seen declining cereal sales. The one-time category leader is now facing such setbacks as countless lawsuits over its nutritional value amid a more health-conscious consumer base. In response, the company announced plans last June to split into three separate companies. The question is though: Will that be enough to rebound its cereal segment?
From cereal to food giant — Kellogg stages a makeover
  + stars: | 2022-11-28 | by ( Dymond Green | ) www.cnbc.com   time to read: +1 min
Kellogg, the 117-year-old brand that started as a breakfast cereal company has since expanded to be one of the largest food companies in the world, has seen declining cereal sales over the past couple of decades. And in 2021, the food giant sustained a damaging fire at its Memphis facility, and later that same year 1,400 workers went on strike to demand better pay and enhanced benefits. In an effort to stimulate growth, on June 21, 2022, the company announced plans to split into three separate companies. And we see the next step in our potential in unlocking three new companies," said Kellogg CEO Steve Cahillane. Watch the video to learn more about Kellogg's move to split the company in order to try to kickstart cereal sales and regain some of its bygone glory.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThis artist's side hustle brings in up to $267K per yearDomonique Brown is a marketing manager by day and an artist by night. She founded her art and graphic design company DomoINK in 2020 and has collaborated with brands such as Target, Disney and Bath & Body Works. Her side hustle brings in up to $267,000 and her day job $87,000, plus bonus, per year. The 28-year-old sells her art on everything from socks to laptop cases to sneakers — and her paintings go for up to $3,500.
Why Starbucks is growing in Italy
  + stars: | 2022-10-17 | by ( Dymond Green | Alex Wood | Jason Reginato | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Starbucks is growing in ItalyIn 2018, Starbucks opened its first store in Italy, a 25,000-square-foot roastery in Milan. Despite being inspired by Italian coffeehouse culture, the American chain faced resistance when entering the country. Since then, the company has opened a total of 20 stores in Italy and plans to open five more before the end of 2022. Will the country that invented espresso embrace the world's largest coffee chain?
How Starbucks took on Italy's coffee culture
  + stars: | 2022-10-17 | by ( Dymond Green | ) www.cnbc.com   time to read: +1 min
Despite being inspired by Italian coffeehouse culture, the American chain faced resistance when entering the country. It took Starbucks 47 years to open a shop in Italy. Italians take their coffee culture very seriously — it's filled with traditions, customs and rituals. "I immensely enjoyed the coffee I had there ... it tasted precisely like an Italian coffee should, and I would say a good Italian coffee," said Eva Del Soldato, an associate professor of Italian Studies at the University of Pennsylvania. Watch the video to learn more about how Starbucks is adapting to Italian culture.
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