Getting stuck at an airport because your flight was delayed or cancelled is a nightmare. Michael Schneider, CEO of Service, was with us to share how his app helps flyers recoup money on these flights.
While compensation for weather-related delays varies by airline and frequent flyer status, Service syncs with your inbox to find flight delays or cancellations from the last 12 months of travel. Schneider explained how the company files a claim on the user's behalf. The average user saves over $300 per year with Service, according to Schneider.
Service has over 100,000 users and is adding over 10,000 more each month. The app handle hundreds of claims per day on behalf of its users. Schneider explained that the company charges 30% of the value of what it returns to users.
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.
