We're here at this giant 2.6% million square foot fulfillment center in Spokane, Washington, where 3.5% million items are handled by 2500 employees. Now, Amazon says their jobs are about to get easier and safer with a new robot called Vulcan. There's three of them, these big red systems next to me that can move items up and down and stuff things into just the right spot in tall yellow bins before they move on to be boxed up.Of the 1 million items here, Amazon says Vulcan can handle 75% of them. It does well ...

Chinese EV maker BYD is on a roll and it's giving its American rival Tesla a serious run for its money in the global race to electrification. BYD outpaced Tesla in terms of total revenues last year and sold about as many EVs as Tesla did and that's only half of BYD's total volume because it also sells hybrids. BYD started out as a lowcost provider of batteries primarily, but in making cars, it's become a global leader.They sell cheap cars, they sell expensive cars, and they're becoming a serious innovator. ...

President Trump and Elon Musk falling into an intense feud over the president's major tax and spending bill. What was surprising about it was just the idea that it came so quickly, right. I mean, Elon Musk was in the Oval Office with the president a week before this blow up.He happens to be a really good person. I'm very disappointed because Elon knew the inner workings of this bill better than almost anybody sitting here. All of a sudden, he had a problem and he only developed the problem when he found out ...

For decades, the Gap defined American fashion. But Gap fell out of vogue not too long after its white denim graced the cover of the namesake magazine. Since 2001, the brand has shuttered nearly 2500 stores, and the stock of its parent company, Gap Inc., significantly underperformed the S&P 500 and competitors like Abercrombie and American Eagle.But the company is trying to turn things around. It's back in the cultural conversation with splashy marketing campaigns and hiring high end fashion designer Zac Pos ...

Over the past three decades. US corporations set up shop in Ireland. In 1996, about 3% of US businesses with global operations had Irish affiliates.By 2022, 25% of them opened Irish businesses. You really cannot talk about US multinationals in the last few decades without talking about Ireland. Big US corporations, that's technology companies like Apple, Microsoft or big pharmaceutical companies like Pfizer.Their tax strategies for, for many decades at least, were built around the role of Ireland. Something ...

This is the ore being shipped in from the Pinyon Plain mine. This ore is some of the highest-grade uranium ore that's ever come out of the United States mine. You need uranium.Well, the largest uranium mine comes out of Saskatchewan, comes over to Ontario, and then gets enriched down in the US. Uranium prices soaring more than 75% over the past year. While uranium prices have gone down since a high in early 2024, many experts remain confident that demand for uranium, which is mainly used as a fuel for nucle ...

We're here at ASML's headquarters in the Netherlands where 100% of the world's extreme ultraviolet lithography machines are made and now the next generation machines called hyena. We were the first journalists to bring cameras inside a clean room to see where hyena is made and to see the machine itself. We had to wear these bunny suits to protect these extremely precise machines from getting contaminated by our own hair and skin cells.Each one of these insanely complex high NA machines costs about $400 mill ...

We're going to invest roughly $30 billion in the United States to expand Orlando and California. This park is the most technologically advanced thing we've ever done, and we've done some pretty advanced things in our time. Walt Disney World and Universal Orlando Resort, two of the biggest names in theme parks, are about to get even bigger.We've got a lion's share of that investment coming to us. At Walt Disney World. Plans are already in the works, with expansions and facelifts being rolled out across sever ...

Nintendo just released a Switch 2 the successor to its wildly popular video game console. The original Switch outsold every other previous Nintendo console in its first year of sales, including the extremely popular Wii, and it was the second most successful console in the company's history: only 2 million units shy of its portable Nintendo DS system. The Switch also beat out the competition, outselling Microsoft and Sony's consoles in first-year sales, and overall was only surpassed by the PlayStation 2, t ...

Just four years after it was founded, China's Xiaomi became the third largest phone maker in the world. Critics called it an Apple copycat. So, Le Jun is known as the Steve Jobs of China, and he earned that nickname because in the early days, he would do pretty much everything that Steve Jobs would do, including the way he dresses.He knew though that he couldn't match Apple's brands and products at that time. So, he went for the mass market. But now Xiaomi is making EVs, something Apple abandoned after inve ...