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Rodriguez and her four siblings grew up working on the farm and selling its products at farmers markets back in the city. Farm to operating tableThough she's close with her family, it was difficult breaking the news to her parents that she didn't want to continue working on the farm beyond high school, Rodriguez says. Her parents helped some, and she applied for scholarships, allowing Rodriguez to earn her bachelor's without taking on student debt. In fact, working with patients is one of the highlights of her work. How she spends her moneyEven after paying off her debt, Rodriguez has continued to save around 50% of her income.
Persons: Rodriguez, Chabely Rodriguez, Liam Mays, hasn't, CAAs, Andrea Desky, they're, undergrad, hustled, Donald Trump, I've, Gene Kim, HBO Max, she's Organizations: CNBC, CAA, Brooklyn College, District of Columbia, Nova Southeastern University, Housing, HBO, Toyota Corolla, YouTube Locations: Tampa , Florida, New York, Mexico, Brooklyn, Florida, Fort Lauderdale , Florida, anesthesiology, Costa Rica
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow this startup uses AI and robots to paint buildingsWith just 20 employees and a fleet of remote-controlled robots, a startup called PaintJet has managed to cover more than 1.5 million square feet of building exteriors and ships in less than three years. The startup, based in Hendersonville, Tennessee, is the brainchild of CEO Nick Hegeman along with cofounders Steve Wasilowski and Sonia Chacko. PaintJet's early customers have included construction companies and real estate developers, and the startup aims to expand rapidly within exterior painting.
Persons: Nick Hegeman, Steve Wasilowski, Sonia Chacko Locations: Hendersonville , Tennessee
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy New York will charge up to $23/day to drive into ManhattanDrivers crossing through Manhattan's central business district will face a new toll beginning in the Spring of 2024. The fee is expected to be between $9 and $23 per day for drivers entering or exiting during peak traffic hours. Regional planners believe "congestion pricing" will nudge more drivers onto transit. The MTA is using the toll revenues to reinvest in its aging infrastructure. The funds will go toward improvements to system reliability, accessibility and sustainability.
Organizations: Manhattan Drivers, MTA Locations: York, Manhattan's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat it's like to drive the world's fastest EV — the Rimac NeveraRimac is Croatia's first and only automaker. Its 35-year-old founder, Mate Rimac, started tinkering with electric vehicles after he blew the engine in an old BMW he raced as a teen. After rebuilding it with an electric drivetrain – and winning some races – he founded Rimac Automobili in 2009, and today the company has released an electric supercar, the Nevera. CNBC's John Rosevear gives the $2.1 million EV a test drive in the canyon roads above Malibu to find out if it lives up to the hype.
Persons: Mate Rimac, Rimac Automobili, CNBC's John Rosevear Organizations: BMW Locations: Malibu
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow electric roads could help solve EV range anxietyElectric vehicles are on the rise, capturing a growing market share. Lack of charging infrastructure is a common hurdle but electric road projects, like Detroit's upcoming initiative led by Electreon, offer wireless charging while driving, promising versatile solutions for various vehicles. This innovation could prove vital, especially in rural "charging deserts," as EVs gain popularity, not only for personal use but also in fleet applications, reducing environmental impact.
Persons: Electreon
Electric vehicles are taking up an increasing percentage of the overall auto market share every year — rising from 4% in 2020 to 14% last year. Among the holdouts, a lack of charging infrastructure seems to be one of consumers' most common reasons for not switching from gas to electric vehicles. But now, electric road projects are appearing across the world as a potential solution to supplement static charging, allowing EV drivers to wirelessly charge their cars while they drive. Israel-based Electreon is one wireless EV charging provider with many pilot projects and case studies in operation in Sweden, Norway and Italy, among others. Electreon is also taking part in the first electric road project in the U.S. in Detroit, which is expected to be constructed within the next year.
Persons: Stefan Tongur, Electreon, Michele Mueller Organizations: EV, CNBC, Swedish Transport Administration, Michigan Department of Transportation Locations: Electreon, Israel, Sweden, Norway, Italy, Visby, U.S, Detroit
When it comes to passenger rail in the the U.S., Americans have one option — Amtrak, which is often plagued with high ticket prices and delays. Brightline, which is owned by Fortress Investment Group, thinks that privatized passenger rail in the U.S. could be a better way. It was the first privately funded passenger rail built in the U.S. in over 100 years. Brightline is also making strides to create the first dedicated high-speed passenger rail line in the U.S. connecting Los Angeles to Las Vegas. "We are planning to make our project, as I call it, the blueprint for America's high-speed rail industry.
Persons: Brightline, Wes Edens, Mike Reininger, Sarah Watterson, Bent Flyvbjerg Organizations: Amtrak, Fortress Investment Group, West Palm Beach, Brightline, Nevada Department of Transportation Locations: U.S, Florida, Miami, West Palm, Orlando, Los Angeles, Las Vegas, America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNew York City taxis battle Uber and Lyft for ridersNew York's yellow taxis are an iconic symbol synonymous with the city. But taxis have had to contend with a host of 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. Today roughly 13,000 yellow taxis compete with about 80,000 ride-share drivers.
Persons: Uber Organizations: New Locations: New York City
New York City's yellow taxis have been a symbol of the metropolis for decades. But taxi drivers only make up about 10% of the total driver landscape in the city — giving way to Uber and Lyft . In addition, to driving a taxi, drivers have to own or lease a medallion, which can cost a fortune. Prices subsequently tanked with the rise of Uber and Lyft which caused great anguish for drivers who owned their own medallion. Now, taxi drivers are fighting for space in the industry as they recover from the medallion crisis and COVID-19 pandemic.
Persons: it's, hailers, David Do Organizations: National Library of Medicine, New York, New York City Taxi, Limousine Commission Locations: York, New York City
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNow Boarding: Should you be worried about turbulence? 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, airline status, boarding, jumbo jets and all things aviation.
Persons: Leslie, Erin, Leslie Josephs, Erin Black Organizations: CNBC
Air freight flies in the bellies of passenger planes and dedicated freighters, most of which are converted planes. A Boeing 777 that is being converted into a cargo plane in Fort Worth, Texas, March 7, 2023. An old first-class suite on a former Nordwind Boeing 777 slated to be converted to a freighter, March 7, 2023. Aircraft technicians work on a Boeing 777 that is being converted into a cargo plane in Fort Worth, Texas, March 7, 2023. An aircraft technician works on a Boeing 777 that is being converted into a cargo plane in Fort Worth, Texas, March 7, 2023.
Persons: Leslie Josephs Organizations: Air, Baltic Air, Boeing, CNBC, CNBC Technicians, Aircraft, Companies, CNBC CNBC, Aspire, Mammoth, Fort Worth , Texas — Locations: Fort Worth , Texas, Texas, Singapore
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow passenger planes are given a second life as cargo jetsDemand to convert retired passenger planes into cargo haulers has surged, a lucrative trend that allows these older jets to serve a new mission: transporting goods ranging from produce to pharmaceuticals worldwide. Cargo rates have eased from record highs, but demand remains high with conversion slots sold out for several years. Converting some larger aircraft can cost more than $30 million. CNBC gets an inside look at what it takes to turn a passenger plane into a freighter.
Organizations: CNBC
Ride-share e-scooters are parked on the sidewalks of major cities across the world. And 158 U.S. cities already have ride-share e-scooter systems in place. But some cities, like New Orleans and Las Vegas, have strict ride-share e-scooter bans. "We operate in around 400 cities and they had the highest fine rate of any city in the world that we operate in. Other cities like Washington, D.C., see the e-scooter ride-share option as a valuable addition to their transportation infrastructure.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe promise and pitfalls of e-scooter ride-shareThe global market size for e-scooters is projected to exceed $30 billion by 2028. E-scooters are increasingly popular as a convenient "last mile" mode of transportation in major metro areas. However, e-scooter ride-share companies like Bird, Lime, and Spin are struggling with profitability and facing regulatory challenges in some cities.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy OSHA is investigating Amazon for 'failing to keep workers safe'For years, Amazon warehouse workers have been speaking up about unsafe conditions and how they risk injury to churn out millions of packages every day. Now their claims are being backed up by federal investigators who cited Amazon for "failing to keep workers safe" and new 2022 injury data that shows Amazon workers get injured at a rate of 6.9 for every 100 workers. CNBC spoke with workers who've been hurt and asked the government, and Amazon, what's being done to make these warehouses safer.
This includes what's known as "feature phones" — traditional flip or slide phones that have additional features like GPS or a hotspot. "I think you can see it with certain Gen Z populations — they're tired of the screens," said Jose Briones, dumb phone influencer and moderator of the subreddit, "r/dumbphones." At the same time, HMD's global feature phone sales were down, according to the company. "In North America, the market for dumb phones is pretty much flatlined," said Moorhead. Watch the video to get a look at the dumb phones that may have a promising future in the U.S.
The rise of dumb phones
  + stars: | 2023-03-29 | by ( Liam Mays | Christina Locopo | Sydney Boyo | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe rise of dumb phonesDumb phones are growing in popularity in the U.S., and they still make up about a quarter of mobile phones actively in use worldwide. Affordability in developing countries is a significant benefit, but their resurgence in the U.S. may be tied to concerns about the mental health impact of smartphones, especially among younger generations.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCould this new transit system transform cities like New York? Autonomous Rapid Transit is a cross between light rail and a city bus. Created by the CRRC in China, it's a cost-effective alternative to mass rapid transit. Check out this video to see how it could be utilized in U.S. cities.
Census data shows just 2% of commuters use mass rapid transit like subways, and U.S. rail projects can cost billions of dollars and take decades to complete. "Cities all over the world have proposed light rail systems that either get greatly reduced or don't happen at all because of the expense of putting rail in the roadbed. It's called Autonomous Rapid Transit (ART), and it's made by the CRCC, a Chinese mass transit manufacturer. "It'll look like a light rail, but it is, in fact, a bus. It uses stabilizing technology like active suspension systems which help to make it steadier than a city bus.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow friendship-making apps are becoming mainstreamOnline dating has become almost completely normalized, but it used to carry certain stigmas. Now, many Gen Zers are making friends online through apps like Bumble BFF and Meetup, while facing familiar criticisms. It's still not clear whether such friend-finding apps can grow to become a lucrative addition for internet dating companies.
Over the years, online dating has become almost completely normalized. A recent study showed that 39% of straight couples met online in the U.S. and more than half of LGBTQ couples have used dating apps, according to the Pew Research Center. Apps like Bumble BFF and Meetup have become popular ways to build platonic relationships. Berger said that by the end of 2021, 15% of Bumble users had also used BFF, which is short for best friends forever. Schenk said that Morgan Stanley's 2023 revenue estimate for Bumble is just over $1 billion — with only about $1 million coming from Bumble BFF and friend-finding service Bizz.
Electric bikes are becoming increasingly popular around the world. This speed is often blamed for the increased dangers that are seen with e-bikes compared with those of traditional bikes. "E-bikes are three times more likely to result in a hospitalization if an injury occurs compared to traditional bikes," DiMaggio said. "Whether that's pedestrians, regular cyclists or electric bikes." "The big difference that you see here in the Netherlands compared to most other places, with very few exceptions, is that everybody cycles here.
How e-bikes are changing cities
  + stars: | 2022-12-29 | by ( Liam Mays | Jeniece Pettitt | Katie Brigham | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow e-bikes are changing citiesE-bikes are growing in popularity around the world. In the U.S., they're even outselling electric and hybrid cars. However, many argue that infrastructure in America is not keeping up with the booming e-bike industry. CNBC explores whether electric bikes are still safe to use despite the lack of proper infrastructure.
How BlackBerry moved from iconic cellphones to cybersecurity
  + stars: | 2022-11-19 | by ( Liam Mays | ) www.cnbc.com   time to read: +2 min
The phones were well-known for having a tactile keyboard and for BlackBerry's advanced cybersecurity — often favored among businesses and governments. "Currently, BlackBerry has two main business units, a cybersecurity business unit and an IoT business unit within the cybersecurity business unit," said Charles Eagen, chief technology officer of BlackBerry. Its cybersecurity unit focuses on securing things such as smartphone applications and mobile banking websites. Its internet of things unit focuses on the communication of technology within connected and autonomous cars. However, BlackBerry does face competition in the cybersecurity industry, and in 2021 its revenue from cybersecurity was $500 million.
What happened to BlackBerry?
  + stars: | 2022-11-19 | by ( Liam Mays | Jeniece Pettitt | Magdalena Petrova | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat happened to BlackBerry? For years, BlackBerry was the most popular smartphone brand in the U.S. After failing to adjust to the rapidly-changing industry and falling to competitors like Apple and Google, the company pivoted to an entirely new direction. Now, it's focused solely on software and cybersecurity — trying to leave the iconic cellphones in the past. CNBC visited BlackBerry's Autonomous Vehicle Innovation Center and interviewed CEO John Chen to see what the company is up to now.
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