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Photo: Lego

Lego unveiled toy building bricks made from recycled plastic on Wednesday and pledged to begin selling the prototypes within two years.

Why it matters: It's the first time Lego has made bricks from a recycled material, per a statement from the Danish toymaker. Lego used PET plastic from discarded bottles to make the bricks.

The big picture: The firm uses over 110,000 tons of plastic in its products every year, per Reuters. Lego has pledged to invest $400 million over three years to use sustainable materials. It aims to switch to these by the decade's end.

Of note: On average, the plastic of a one-liter PET bottle is enough to make 10 two-by-four Legos, according to the company.

Yes, but: While Friends of the Earth welcomed Lego's plans, the environmental group warned in a statement that it's crucial that recycling isn't the only solution to the plastics crisis.

  • "Manufacturers must ensure toys are made to endure many years of use, so they can be handed down and reused," the group said.

Go deeper: "Axios on HBO" interview with Lego VP Tim Brooks

Go deeper

Dan Primack, author of Pro Rata
29 mins ago - Economy & Business

The mental health deal boom

Illustration: Sarah Grillo/Axios

The positive social media response to Simone Biles withdrawing from Olympic competition highlights how the artificial line between health care and mental health care is finally beginning to dissolve. And startup investors have taken notice.

By the numbers: Venture capital investments in mental health startups rose 72.6% between Q1 2020 and Q1 2021, per CB Insights.

Updated 59 mins ago - Economy & Business

U.S. economy grew at a 6.5% rate last quarter, missing expectations

Contractors work on a home under construction. (Photo: Micah Green/Bloomberg via Getty Images)

The U.S. economy grew at an annualized 6.5% rate last quarter, the government said Thursday — slower than the 8.4% economists expected.

Why it matters: It came as the economy made strides toward further reopening, vaccinations rolled out and government stimulus bolstered spending. But supply crunches held the pace of growth back.

1 hour ago - Sports

U.S. gymnast Suni Lee wins Olympic gold in individual all-around

Suni Lee Photo: Jamie Squire/Getty Images

U.S. gymnast Sunisa "Suni" Lee won Olympic gold on Thursday in the individual all-around event.

The big picture: Simone Biles, who withdrew from the event to focus on her mental health, cheered from the stands with the rest of the women's gymnastics team as they watched Lee and teammate Jade Carey compete. Brazil's Rebeca Andrade won the silver and Russian Angelina Melnikova took the bronze.