LEGO Americas Group Senior Vice President Skip Kodak talks about the company's 60th anniversary. Kodak also discusses the challenges LEGO faces in an increasingly tech-conscious world.
The company is celebrating its 60th anniversary with a 10-foot-tall LEGO structure, built from thousands of LEGO bricks. After debuting in New York City, the model will travel the world.
Kodak says the goal of LEGO is always getting more LEGO bricks into children's hands. Kodak explains that while LEGO has been in China for decades, the company still wants to increase its reach there. Kodak says the most difficult part of breaking into the Chinese market is the massive scale of it.
Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food companies on the planet. One of the companies will include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese. The other will include brands like Oscar Mayer, Kraft Singles and Lunchables. When the company formed in 2015 it wanted to capitalize on its massive scale, but shifting tastes complicated those plans, with households seeking to introduce healthier options at the table. Kraft Heinz's net revenue has fallen every year since 2020.
About 780,000 pressure washers sold at retailers like Home Depot are being recalled across the U.S. and Canada, due to a projectile hazard that has resulted in fractures and other injuries among some consumers.
President Donald Trump has fired one of two Democratic members of the U.S. Surface Transportation Board to break a 2-2 tie ahead of the board considering the largest railroad merger ever proposed.
Ford is recalling more than 355,000 of its pickup trucks across the U.S. because of an instrument panel display failure that’s resulted in critical information, like warning lights and vehicle speed, not showing up on the dashboard.
