The 113th Annual New York Boat Show starts January 24th. The annual boat show serves as an education and business experiences for companies across the industry. This year's show is ripe with new models, interactive and educational activities for kids, and of course, lots of great tech.
To celebrate the show contributors to the show rang the NYSE closing bell. Included in that group was Thom Dammrich, President of the National Marine Manufacturers Association. Dammrich joins Cheddar to preview the annual show.
Technology has a strong presence at this year's show. Dammrich says autonomous boats are not all that far away. He also discusses the Watercar. The amphibious vehicle runs on both land and water.
An independent watchdog within the IRS reports that while taxpayer services have vastly improved, the agency is still too slow to resolve identity theft cases. And National Taxpayer Advocate Erin Collins says those delays are “unconscionable.” Erin M. Collins said in the report released Wednesday that overall the 2024 filing season went smoothly, though IRS delays in resolving identity theft victim assistance cases are worsening. It took nearly 19 months to resolve self-reported identity theft cases as of January, and Wednesday's report states that now it takes 22 months to resolve these cases.
Amazon.com Inc. surpassed $2 trillion in market value for the first time in afternoon trading on Wednesday. The push higher for Amazon’s stock market valuation comes a little more than a week after Nvidia hit $3 trillion and briefly became the most valuable company on Wall Street. Nvidia’s chips are used to power many AI application and its valuation has soared as a result. Amazon has also been making big investments in AI as global interest has grown in the technology. Most of the company’s focus has been on business-focused products.
Climate change doesn’t just mean more extreme weather – it also leads to billions of dollars in lost productivity, tourism, and stresses infrastructure.