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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEtsy boomed during the Pandemic. But now it's at a crossroads. E-commerce giant Etsy boomed during the pandemic, but less than four years later, its sales are declining, its stock has lost more than 70% of its value and missed earnings in 2023 and 2024 revealed other disappointing results. As the company looks to recapture growth, while competing with giants like Amazon and Ebay, it's unclear if there's a path to success. Unless as some sellers are demanding which is to double down on its original values.

Organizations: Ebay

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Toyota took on America's trucksThe pickup truck segment is perhaps Detroit's last stronghold in the U.S. auto market, with the Ford, Chevrolet, GMC and RAM brands leading or outright dominating three out of four pickup segments. But the midsize Toyota Tacoma has had the longest-running tenure in that segment where it outsells all rivals by a large margin. But Tacoma is facing fresh challenges in the next few years, from foreign names such as Hyundai and Volkswagen to legacy U.S. automakers to EV makers like Rivian and Tesla.

Organizations: Toyota, Ford, Chevrolet, GMC, Toyota Tacoma, Tacoma, Hyundai, Volkswagen, U.S, EV Locations: U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Detroit failed in ChinaDetroit automakers like General Motors made a fortune selling cars to Chinese consumers after the Asian country opened its auto market. But Chinese firms have caught up with top names like BYD, Geely and Great Wall. Tech companies are jumping in too, including Li Auto, XPeng, Nio, Xiaomi, Huawei, Baidu, Tencent and Alibaba. One industry analyst said he expects Ford and GM to withdraw from the country in the next five years along with others such as Hyundai, Kia and Nissan.

Persons: General Motors, Li Auto Organizations: Detroit, China Detroit, General, Wall . Tech, Li, Huawei, Baidu, Ford, GM, Hyundai, Kia, Nissan Locations: China

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow fast food got so expensiveSticker shock is making customers think twice about their favorite fast-food chains. McDonald's and Yum Brands, which owns KFC, Taco Bell and Pizza Hut, missed analyst estimates in their 2024 first-quarter earnings. The limited-service restaurant category saw prices rise more than 46% over the course of the past decade, according to the U.S. Bureau of Labor Statistics. Experts say that increasing labor costs are the primary driver.

Organizations: Yum Brands, KFC, Taco Bell, U.S . Bureau of Labor Statistics

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's how cruise leaders made their comebackRoyal Caribbean's stock price reached an all-time high in April of 2024 as the company spearheads the cruise industry's epic return. The three industry titans – Carnival, Royal Caribbean and Norwegian – kicked off 2024 with booking at an all time high. Find out how the three companies made their return and why investors are eager about them again.

Persons: Norwegian – Organizations: Royal Locations: Royal Caribbean, Norwegian

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCan Kraft Heinz manage a comeback? Food titan Kraft Heinz is still reeling from past mistakes stemming from its 2015 mega-merger as it seeks to transform itself into a stronger company. The packaged food conglomerate took down a lot of loses in 2019 forcing it to pivot, but has it course corrected enough to adapt to changing consumer tastes, high inflationary times and private labels?

Persons: Kraft Heinz

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy hybrid sales are surgingAs of early 2024, EV sales are leveling off and hybrids are making a comeback. Automakers such as Ford, BMW, Mercedes, Hyundai and General Motors are all pulling back on EV production or boosting hybrid manufacture, or both. Toyota and Honda are seeing sales jump. The vast majority of hybrids are standard - with an engine and backup battery. Automakers such as GM are reintroducing them to North America.

Organizations: Ford, BMW, Mercedes, Hyundai, General Motors, Toyota, Honda Locations: North America

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChairman Jimmy Pitaro on ESPN's uncertain futureESPN chairman James Pitaro sat down with CNBC to discuss the company's future as it faces serious cord cutting and competition from tech companies like Amazon and YouTube with deeper pockets than parent company Disney.

Persons: Jimmy Pitaro, James Pitaro Organizations: ESPN, CNBC, Amazon, Disney

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Disney CEO Bob Chapek on ESPN's futureBob Chapek, former Disney CEO, sat down with CNBC's Alex Sherman in his first public interview since leaving Disney to discuss his thoughts on ESPN's future.

Persons: Bob Chapek, CNBC's Alex Sherman Organizations: Former, Disney

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow ESPN is trying to stay relevant as cable declinesESPN has been the most dominant sports channel for more than 40 years. It holds live sports rights including the NFL's Monday Night Football, the NBA and the WNBA. But as millions of Americans cancel their cable TV subscriptions and big tech companies like Amazon and YouTube bid on live sports, ESPN has had to adjust — or decline along with the pay-TV business. CNBC sat down with former and current executives to talk about the future of the sports juggernaut.

Organizations: ESPN, Football, NBA, Amazon, YouTube, CNBC

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow American fast food companies won over FranceAmerican fast-food companies are doubling up on the French market as the country's appetite for brands like McDonald's, Five Guys, KFC and Burger King has grown rapidly in the past decade. Between 2013-2023, fast food sales increased 61%, bringing in 19 billion euros in 2023 alone. The multi-cultural French consumer base is increasing drawn to the more convenient and cheap food options. Krispy Kreme and Popeyes are the latest chains to move in, but many others are eyeing expansions, too.

Organizations: France American, KFC, Burger

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why tire companies love EVsThe tire business is a business of low growth, low margins and extreme competition. Tire makers are at the mercy of of raw material prices. And about half of customers are largely indifferent to the brand of tires they buy. But industry analysts say EVs provide tire makers with the biggest growth opportunity they have seen in decades. AlixPartners estimates that tires on EVs require 20 percent more frequent replacement and can cost 50 percent more.

Persons: Price

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's how Hyundai became the third-largest automakerHyundai Motor Group is the third-largest automaker in the world by volume. In the 90s, it suffered low sales and a poor reputation. Now its three auto brands — Hyundai, Kia and Genesis — are some of the top-selling cars and winning awards for great quality and performance. While Tesla dominates EV sales, Hyundai and Kia are close behind. But the company has faced setbacks: a plague of thefts, millions of vehicles at risk of catching fire, a looming union push and a snub from the U.S. government.

Organizations: Hyundai, Hyundai Motor, Kia, EV, U.S .

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe surprising success of Monster Energy drinksMonster Beverage Corporation, also known as "Monster," is the best-performing stock in 30 years, even over tech giants Google, Apple, Nvidia and Microsoft. Its slow and steady growth can be attributed to strong leadership, a smart marketing strategy and a partnership with one of the biggest beverage distributors in the world, The Coca-Cola Company.

Organizations: Monster Energy, Monster Beverage Corporation, Google, Apple, Nvidia, Microsoft, Cola Company

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCar ownership is getting more expensive due to rising repair costsAuto repair costs have been rising for years. Experts say it's likely a mix of factors: 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 on, and fancy cutting-edge EVs fill roads, consumers hear horror stories about huge repair bills. But insiders say there's reason to be optimistic.

Organizations: Auto

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLas Vegas has invested billions to become a sports and entertainment hubLas Vegas has slowly transformed into more than just a gambling stopover. With a massive investment into professional sports and an entertainment scene, Sin City has become a global destination hub. Its latest offerings include a new entertainment arena, the Sphere; Allegiant Stadium, which hosts the NFL's Las Vegas Raiders; F1; and other major professional sports teams. Now it's hosting Super Bowl 58.

Organizations: Vegas, Las Vegas Raiders Locations: Vegas, Sin City

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Axe Body Spray plans to make a comeback in the U.S.Unilever's Axe used humor and irony in its early 2000s advertising campaigns to win over the American teenage boy. The brand's estimated U.S. sales reached nearly $500 million by 2012, but sales began to decline over the next five years as the brand lost sight of its core product offering. In 2023, Axe released a new line of product aiming to compete with high-end fragrances.

Locations: U.S, American

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Amazon is breaking into car sales with HyundaiAmazon is piloting a program to allow dealers to sell cars through Amazon's website. The plan is to ultimately offer Amazon customers the same experience they have buying just about everything else. The program will begin with Hyundai vehicles but will open to other brands before the end of 2024. But selling cars online poses challenges - such as valuing trade-ins and complying with regulations. Among dealers, the project has inspired enthusiasm, skepticism and fear.

Organizations: Hyundai Amazon, Hyundai

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe business of timesharesMore than 10 million U.S. households own a timeshare, and the average sale price and annual maintenance fee was about $24,000 and $1,200, respectively, in 2022. Companies that dominate the $10.5 billion-a-year industry are Wyndham Destinations, Marriott Vacations Worldwide, Hilton Grand Vacations and Westgate Resorts. But the Better Business Bureau has received about 3,000 complaints for the three largest public companies since 2021, and one study found that 85% of owners regret their purchase.

Organizations: Companies, Wyndham, Marriott, Hilton, Westgate Resorts

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Nespresso is rivaling Keurig in the U.S. The past decade has seen the rise of single-serve coffee in the U.S. Keurig controls the U.S. coffee pod market with analysts estimating it to have nearly triple the sales of its biggest competitor, Nestlé Nespresso. Internationally, however, Nespresso sits on top with more than $7 billion in sales last year. The single-serve giants are especially vying for control of the youngest generation of coffee drinkers with increased options for specialty and iced drinks.

Persons: Nestlé Nespresso, Nespresso Organizations: U.S Locations: U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAmerica's firetrucks are becoming electrified. Here's howOshkosh Corporation is an $8.3 billion maker of firetrucks, tactical vehicles, news vans, mail trucks and construction lifts, among other things. Its Pierce brand is the largest maker of firetrucks in North America. Between 2012 and 2021, home fires alone took nearly 3,000 lives, caused more than 11,000 injuries and nearly $9 trillion in damage. It won a $3 billion contract to build the next generation USPS delivery truck.

Persons: Pierce Organizations: Oshkosh Corporation, USPS Locations: Oshkosh, North America

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy getting divorced costs so muchDivorces are not uncommon in the U.S. They're also not cheap. While no one plans on getting divorced, if you have to get divorced there are ways to keep your costs down. Watch this video to learn what you can do to prevent your divorce from being a significant financial burden on yourself and your family.

Persons: They're Locations: U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInside the $40 billion tuna industryOnce a staple in American homes, canned tuna consumption dropped 45.7% between 2000 and 2021. That is mainly due to changing consumer preferences, sustainability concerns, market consolidation and a major price-fixing scandal between Bumble Bee and StarKist that lasted nearly a decade. Despite this, in 2020, the U.S. remained the top importer. The industry, largely controlled by conglomerates such as Thai Union Group, saw a pandemic-driven demand spike in 2020, but that has since declined.

Persons: Bumble Organizations: U.S ., Thai Union Group Locations: U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy EV sales have slowedIn October 2023, it took nearly twice as long to sell an EV in the U.S. as it did in January. Prices of EVs are down 22% year-over-year and that's mainly driven by Tesla. About two thirds of total EVs sold are from Elon Musk's brand. Companies like Ford have ramped up hybrid production as demand for electric has leveled off. While slightly more than half of consumers say EVs are the future and will eventually replace ICE vehicles, less than a third of dealers say so.

Persons: EVs, what's Organizations: Tesla, Elon Musk's, Companies, Ford, ICE Locations: U.S

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to retire with $1 million if you're making $120,000 per yearYou can save $1 million for retirement while making $120,000 per year, but it's easier if you start investing as soon as possible. Here's a breakdown of how much of your salary you'll need to invest.

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