Apple is planning to invest big in the U.S. economy over the next five years. The company announced a $350 billion dollar investment, including the construction of a new campus and the addition of 20,000 new jobs. President Donald Trump is taking credit for this move because of the new tax reform legislation.
Amazon announces a list of 20 candidates for its HQ2. Some of the cities still in the running are Atlanta, Washington D.C., Miami, Los Angeles, and Chicago, just to name a few. The company will make a final decision later this year.
Carter Reum, entrepreneur and author of the new book "Shortcut Your Startup," joins us to share his tips on turning your idea into a successful business. Reum and his brother Courtney have invested in a number of successful startups such as Lyft, Pinterest, and SpaceX. He tells aspiring entrepreneurs to keep a close eye on crowdfunding platforms such as Crowdfunder and CircleUp for good investment advice.
Plus, we get the latest on the fight to preserve net neutrality. Sarah Morris, Director of Open Internet Policy at New America's Open Technology Institute, talks about the lawsuits now facing the FCC in response to its decision to repeal Obama-era regulations.
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.
