Norway boasts the highest electric vehicle adoption rate in the world. Some 82% of new car sales were EVs in Norway in 2023, according to the Norwegian Road Federation (OFV). In comparison, 7.6% of new car sales were electric in the U.S. last year, according to Kelley Blue Book estimates. In the world’s largest auto … Read more
When Apple announced the iPhone in 2007, Steve Jobs called it a “revolutionary product” in a handset category that he said needed to be reinvented. Now, nearly two decades and 42 models later, the iPhone is one of the world’s most popular phones. Apple has sold over 2.3 billion units of the iPhone and has … Read more
In November, CNBC visited Apple’s campus in Cupertino, California, to get a look inside one of the company’s many chip labs. CNBC also got a rare chance to talk with the senior vice president of hardware technologies, Johny Srouji, and Apple’s senior vice president of hardware engineering, John Ternus, about the company’s push into the … Read more
Copper mines like Rio Tinto’s Bingham Canyon mine on the outskirts of Salt Lake City are on the frontline of America’s transition to clean energy. Global demand for copper, a major component of electric vehicles, is expected to grow from 25 million metric tons to nearly 49 million metric tons by 2035, according to S&P … Read more
The American Red Cross has long been recognized as the universal symbol of humanitarian services —and it’s an expensive operation. In 2022, the American Red Cross generated more than $3.2 billion in operating revenue and spent just over $3 billion in expenses the same year, according to its financial statements. Contributions only make up about … Read more
Early tech adopters are investing in a new toy: solar-powered electric yachts. Across the globe superyachts are already a must-have for today’s rich and famous. There are some 5,555 of them navigating the world’s oceans and seas, according to SuperYacht Times’ State of Yachting Report. New buyers are overwhelmingly American, with the report finding that … Read more
The Ukrainian counteroffensive that launched in June towards Moscow’s invasion has run right into a Russian wall. Within the run-up to the Ukrainian push, weapons from Western allies — corresponding to tanks, artillery and different gear — poured into Ukraine. Regardless of some small good points, Ukrainian forces have but to see a big breakthrough, … Read more
Cigarettes have been as soon as prominently displayed in Hollywood movies and shiny magazines. However many years of proof that smoking kills has brought about consumption to plummet. The tobacco business bought fewer than 11 billion packs of cigarettes within the U.S. in 2020, down from greater than 21 billion packs 20 years earlier, in keeping with the Facilities for Illness … Read more
In 2016, Mark Lemoine got here house from work and advised his spouse Karla Lemoine he wished to stop his job and purchase a campground. There was lots on the road: Mark made $200,000 per 12 months working for the Michigan state authorities, and Karla was a stay-at-home mother. Two of their 4 kids have … Read more
Demand for lithium, a key part for electrical car batteries, is predicted to surge, from 500,000 metric tons of lithium carbonate in 2021 to a few to 4 million metric tons in lower than a decade, in line with McKinsey & Firm. Albemarle, the world’s high producer of this vital metallic and the operator of mines in Australia, … Read more