Amazon is joining forces with Berkshire Hathaway and JPMorgan Chase to bring their employees better and cheaper healthcare. The three companies will start an independent company focused on technology that will make the healthcare system more efficient. Details are scarce as plans are still in the early stages.
EasyJet CEO Johan Lungren is cutting his salary to match that of his female predecessor. His initial pay was reportedly over $1 million but he's subtracting $50,000 to make things equal. The UK airline chief says he wants to show his personal commitment to the cause. On average, the company has a 52% difference between male and female salaries.
Actor Jeff Hiller is stepping into the critically-acclaimed off-Broadway solo show "Bright Colors and Bold Patterns." He joins Cheddar to discuss how he'll put his own personal spin on the production. This comes as creator Drew Droege is taking the production on tour.
Plus, Chat Sports CEO and Founder James Yoder gives his take on the Cleveland Indians' decision to do away with their controversial logo. The Chief Wahoo logo will no longer be on team uniforms or signage starting 2019. Yoder also breaks down the big storylines heading into the Super Bowl.
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.
