World Bank Approves $1.1 Billion Emergency Funding for Bangladesh Amid Food and Energy Price Pressures 
US Dollar Slips After PCE Inflation Data Eases Fed Rate Hike Expectations 
Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism 
Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan 
Gold Prices Fall Below $4,000 as Strong Dollar, Fed Rate Hike Bets Weigh on Bullion 
Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
OpenAI IPO Delay Weighs on SoftBank Shares as AI Valuation Concerns Grow 
Kioxia Targets U.S. Listing as AI Chip Boom Accelerates 
US Judge Seeks Explanation for DOJ’s Decision to Drop Gautam Adani Bribery Case 
Amazon Prime Day 2026 Sales Top $26.4 Billion as Shoppers Chase Discounts Amid Inflation 
Micron Stock Surges on Strong AI Demand, Record Revenue, and Bullish Q4 Forecast 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
Trip.com Shares Tumble After Q1 Profit Drops and Weak Revenue Growth Outlook 
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 
Italy Investigates Microsoft Over Microsoft 365 AI Subscription Price Hike 
Lego Group formally announced the new location for its headquarters in North America. The Danish plastic toy maker revealed it will be moving to Boylston Street in Boston, Massachusetts.
According to The Boston Globe, the Lego Group will lease 100,000 square feet of office space in a highly visible building that is still under construction. It is located at the end of the Massachusetts Turnpike, and with the building in the state of near completion already, the company is now preparing to move its new home.
The company said on Monday, Aug. 21, that it chose 1001 Boylston St. to be the site for its new head office and lab building. This will be its new Americas HQ, and the whole team is looking forward to a new environment.
In January this year, the Lego Group first mentioned that it will be leaving its Enfield, Connecticut office to move to Boston. The toymaker said it will bring along around 740 jobs to its new workplace. This is said to be the company's largest office in recent years.
The governor of the state, Gov. Maura Healey, described Lego's move to their territory as an incredible opportunity to generate new jobs and innovation while inspiring the next generation of leaders simultaneously.
In any case, the Denmark-based toymaker said it will move to the building in Boylston St. and will occupy five floors. The 100,000 square feet area is said to be enough to accommodate the company's 700 to 750 employees.
Lego will not be moving all of its staff at the same time, but they will be relocating there in phases. The company said it expects to fully open its new Boston HQ by mid-2025, and its Connecticut office will be shut by the end of 2026.
"We are incredibly excited to be moving to a new location with such a rich history, ideally located in Back Bay, between Boston and Cambridge," Lego Group America's president, Skip Kodak, said in a press release. "1001 Boylston Street represents an investment in our future and a commitment to our employees. We believe that a modern, collaborative work environment will help creativity and innovation thrive, and we're excited to see what we can accomplish in this new space."
Photo by: Lego Press Release
