After this summer of horrible hurricanes, many regions and islands were completely destroyed. The Caribbean is still rebuilding, but travel to the area has returned.
One of the first airlines to get back into the region was Tradewind Aviation. The private airline company was the first on the ground in St. Barts after Hurricane Irma passed through the region. Brothers and co-founders David and Eric Zipkin join Cheddar to explain that despite the devastation, the Caribbean is picking up and moving forward.
The co-founders also discuss their new agreement with United Airlines. The private aviation company has entered into an agreement where customers can book travel to one of Tradewind's island destinations through United Airlines.
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.
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While Nvidia's meteoric rise led it to briefly dethrone Microsoft as the world's biggest public company, there's a lot more going on in this market than A.I.