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.
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.