Coffee comes in many forms — hot, cold, flavored and decaffeinated. But the idea of coffee without the bean —well that’s something new. It’s called “molecular coffee.” Atomo, a start-up located just blocks from the famous Starbucks in Seattle’s Pike Place Market, said it’s reverse-engineered the coffee bean. And if you’re wondering why, you’re not
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Anheuser-Busch remains the king of beers, ruling nearly 41% of the $119 billion U.S. market for beer and malt-based beverages. But there’s trouble in the consumer market for the iconic maker of Budweiser, Bud Light, Beck’s, Goose Island and dozens of other brands. Americans are drinking less beer and more wine and spirits, while also
Gary Jones, president UAW International, (left) and Bill Ford, executive chairman, Ford Motor, shake hands on July 15, 2019 at Ford World Headquarters to begin negotiations for a new contract. Ford DETROIT – Members of the United Auto Workers have approved a new four-year deal with Ford Motor, the union announced Friday. The deal requires
Major market indexes capped off another week of strong finishes, punctuated by the Dow Jones Industrial Average eclipsing 28,000 for the first time en route to a record close. But CNBC’s Jim Cramer is already looking at what is on the horizon, including potential developments in the trade war. “After still one more bullish week
Nike‘s decision to stop selling merchandise to Amazon is just the “tip of the iceberg” of brands opting to go directly to consumers, internet entrepreneur Tim Armstrong told CNBC on Friday. “The direct-to-consumer movement will be the replacement for the retail issues and commerce issues that are going on because of the platforms,” said Armstrong,
CNBC’s Jim Cramer explains why Wall Street has fallen out of love with enterprise-based technology stocks like Cisco and turned to consumer-based ones like Roku. The “Mad Money” host sits down with Viacom CEO Bob Bakish to get insight into the company’s merger with CBS and foray into the streaming war. Later in the show
Viacom will embark on a unique path in the video streaming market once the merger with CBS is finalized next month, CEO Bob Bakish told CNBC’s Jim Cramer on Thursday. “We’re bringing a different approach to the marketplace. One that combines free and paid,” said Bakish, who is set to head the ViacomCBS combined entity.
Vape consumer advocate groups and vape storeowners around the country hold a rally outside of the White House to protest the proposed vaping flavor ban in Washington DC on November 9, 2019. Jose Luis Magana | AFP | Getty Images Christian Liriano is glued to his phone these days, anxiously awaiting any news on whether
Hyundai confirms it will put first pickup, the Santa Cruz, into production at Alabama plant in 2021. Hyundai handout After an unexpectedly long delay, Hyundai has given the go to build a new compact pickup truck, a version of the Santa Cruz concept from the 2015 Detroit Auto Show, at its Montgomery, Alabama assembly plant.
Walmart could be about to hit a wall. The world’s largest brick-and-mortar retailer is scheduled to report its fiscal third-quarter earnings on Thursday before the opening bell, and Wall Street experts are watching closely for any word on China, the Amazon.com rivalry or the state of the U.S. consumer. But not everyone’s convinced it’ll continue