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☆ Martha Stewart made a baked apple and flan for her fellow inmates while they were all in jail, says a woman who served time with the celeb
▼ + stars: | 2024-02-02 | by ( Amanda Goh | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA couple of months behind bars didn't stop Martha Stewart from partaking in one of her favorite hobbies. People obtained an exclusive clip from a new CNN miniseries, "The Many Lives of Martha Stewart," in which several people recounted what it was like being in prison with Stewart. She served five months in Federal Prison Camp Alderson in West Virginia and another two years of supervised release. A representative for Stewart did not immediately respond to a request for comment from BI sent outside regular business hours.

Persons: —, Martha Stewart, Stewart, Meg Phipps, Martha, Phipps, we're, Snoop Dogg Organizations: Service, CNN, Federal, Business, Cannes Lion, BI Locations: Alderson, West Virginia

☆ Walmart's facial ID tool to combat fraudulent Spark delivery drivers is kicking legitimate workers off the app
▼ + stars: | 2024-02-02 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

BI spoke with another Walmart Spark worker who said they were deactivated immediately after trying to complete the identity verification late last year. AdvertisementGig workers for apps like Spark, Instacart, DoorDash, and Grubhub often have their accounts suspended with little notice or explanation. The rollout comes after some Walmart Spark drivers were found using multiple accounts under false identities to claim more orders and make more money. "The third-party identity verification tool is working as intended. "My account was deactivated after the identity verification," one post from November on r/Sparkdriver reads.

Persons: Chastity Lopez, Lopez, she's Organizations: Walmart, Drivers Locations: New York, Alabama

☆ Instacart quietly deletes its unsettling AI-generated food pics
▼ + stars: | 2024-01-31 | by ( Jake Swearingen | ) www.businessinsider.com time to read: +3 min

Instacart confirmed on Sunday it was using AI-generated imagery and recipes. The AI images featured physically impossible compositions, unnatural shadows, and strangely blended textures. Other recipes discovered by Reddit users, meanwhile, had the AI-generated images replaced with what appears to be stock photography. Some AI-generated imagery was still live on Instacart's site as of Wednesday. A startup is using text-to-photo technology to create AI imagery based just on menu descriptions to help restaurants build out online menus without paying for photography.

Persons: Instacart, —, Fry, Instacart Instacart Organizations: Service, Mac

☆ Walmart's stock split only shows how rare they've become in the past 20 years
▼ + stars: | 2024-01-31 | by ( Bob Pisani | ) www.cnbc.com time to read: +2 min

Walmart 's decision to split its stock 3-for-1 has revived an old debate: when is the right time to split a stock? There's no clear answer to this, but one fact is clear: stock splits are far less common than 20 or 30 years ago. That's likely because the institutional base for stock ownership has come to dominate the market. What effect does a stock split have on trading? More than 400,000 associates participate in Walmart's Associate Stock Purchase Plan today, which allows eligible associates to buy stock conveniently through payroll deductions and provides a 15% company match on the first $1,800 each year."

Persons: Sam Walton, Doug McMillon, Sam Organizations: Walmart, Institutional, Palo Alto Networks, Nvidia, Apple

☆ Amelia Earhart's plane could be 'well preserved' but there's no guarantee it's been found, expert says
▼ + stars: | 2024-01-31 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewExperts have rushed to weigh in following news of tantalizing sonar imagery in the hunt for Amelia Earhart's lost plane — which, even if it has not been found, could still be well-preserved in its final resting place. They were taken at a depth of 16,400 feet, about 100 miles from Howland Island in the middle of the Pacific Ocean, which Romeo's team considered one of the likeliest areas for Earhart's plane to have come down. AdvertisementThe plane is made primarily from aluminum, Jourdan told The Washington Post back in 2001, discussing a search at a similar depth and location. At those temperatures, even Earhart's charts and other papers may have been preserved, The Post and Courier reported.

Persons: —, Amelia Earhart's, Tony Romeo, we've, Romeo, Katherine Tangalakis, Rebecca Rommen, Romeo doesn't, it's, Earhart, David Jourdan, Jourdan, Megan Lickliter, Mundon Organizations: Service, Street, Business, Smithsonian Institution's, Air and Space Museum, CNN, Washington Post, Courier, New York Times Locations: Howland

☆ Walmart plans to add more than 150 large-format stores across the U.S.
▼ + stars: | 2024-01-31 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +2 min

An exterior view of a closing Walmart store in Everett. A Walmart store in Everett, Washington, announced its closure and is currently in a liquidation sale. The company plans to build or convert more than 150 large-format stores over the next five years, it said Wednesday. About 90% of the U.S. population already lives with 10 miles of a Walmart store. Walmart's store expansion was first reported by the Wall Street Journal.

Persons: Josh Havens, John Furner Organizations: Walmart, Sam's, U.S, Walmart U.S, Wall Street Locations: Everett, Everett , Washington, U.S

☆ Get ready for a lot more Walmarts
▼ + stars: | 2024-01-31 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Walmart, the largest retailer in the world, is about to get even bigger in the US. It will also upgrade 650 locations this year to its "store of the future" concept. AdvertisementThe world's largest retailer is growing again in the US. In addition, the company will upgrade 650 locations this year to its "store of the future" concept revealed last fall. Walmart's first two new locations will be Neighborhood Markets in Santa Rosa Beach, Florida, and Atlanta, Georgia, opening this Spring.

Persons: —, Walmart's Organizations: Walmart, Service, US, Business Locations: Santa Rosa Beach , Florida, Atlanta , Georgia

Political Cartoons View All 253 ImagesHow did Deep Sea Vision detect the object that could be Earhart's plane? But it wasn't until the team reviewed sonar data in December that they saw the fuzzy yellow outline of what resembles a plane. “In the end, we came out with an image of a target that we believe very strongly is Amelia’s aircraft," Romeo told The Associated Press. But he said that Romeo’s team must provide “a forensic level of documentation” to prove it’s Earhart’s Lockheed. He would have expected to see straight wings and not swept wings, like the new sonar suggests, as well as engines.

Persons: Amelia Earhart, Tony Romeo, Electra, Romeo, Earhart, Fred Noonan, Noonan, “ Amelia, James Delgado, ”, Delgado, Romeo's, David Jourdan, Dorothy Cochrane, Cochrane, ’ ”, Lockheed Electra, Ole Varmer, Varmer, ” Varmer, “ It’s, —, Finley, Pollard Organizations: COLUMBIA, Lockheed, Archaeologists, Pan American Airlines, Air Force, Associated Press, Navy, National Air and Space Museum, National Oceanic, Atmospheric Administration, The Ocean Foundation, Purdue Research Foundation, Purdue University in, Smithsonian, America Statehouse News Initiative, America Locations: South Carolina, Norwegian, Howland, Papua New Guinea, Hawaii, New Guinea, U.S, New Jersey, “, Maritime, Connecticut, Howland Island, Purdue University in Indiana, Norfolk , Virginia

☆ Walmart announces 3-for-1 stock split as shares hover below all-time high
▼ + stars: | 2024-01-30 | by ( Jacob Pramuk | ) www.cnbc.com time to read: +1 min

Walmart announced a three-for-one stock split on Tuesday as the retailer's shares sit just below their all-time high. Walmart said it chose to break up shares in part to allow more employees to buy into its stock purchase plan. Walmart shares rose about 1% in extended trading. Walmart shares have climbed about 5% this year. The stock split comes as Walmart tries to boost employee benefits and loyalty.

Persons: Doug McMillon Organizations: Walmart, CNBC PRO Locations: U.S

☆ Walmart is selling a $248 dupe of a cozy West Elm swivel chair that costs $899
▼ + stars: | 2024-01-30 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

Walmart is selling a dupe of a pricey West Elm swivel chair. Walmart's Mira Velvet Swivel Chair costs $248, while West Elm's Cozy Swivel Chair costs as much as $899. AdvertisementOn Monday, Apartment Therapy's Morgan Pryor noted that the swivel chair sold at Walmart is a near-identical dupe to West Elm's Cozy Swivel Chair. The West Elm Cozy Swivel Chair. The West Elm Cozy Swivel Chair for $899.

Persons: Walmart's, Cozy, —, @guiliannagm, Therapy's Morgan Pryor, Stanley Organizations: Walmart, West, Service, Gardens, Shoppers, Twitter, Costco, Sam's Club Locations: Elm

☆ Martha Stewart could function on 3 hours of sleep as she built her business empire
▼ + stars: | 2024-01-30 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +4 min

Martha Stewart started her catering business in 1973 from her basement in Westport, Connecticut. Her former catering staff said Stewart could function on three hours of sleep. AdvertisementBefore she became a cookbook author , a business mogul, and the first self-made female billionaire in America , Martha Stewart was a caterer. Stewart in her kitchen in 1976, where she launched her catering business. AdvertisementStewart, now 82, said at a recent MasterClass event that she still wakes up "really, really early" — as soon as the sun rises.

Persons: Martha Stewart, Stewart, —, Alexis, Susan Wood, Martha, Carla Hall, Louise Felix, Felix, Dolly Parton, Parton, I've, it's Organizations: Service, CNN, Wall Street, Westport News, Revlon, Metropolitan Museum of Modern Art Locations: Westport , Connecticut, America, Connecticut, Westport, Turkey, Fairfield County, New York City, Bedford , New York

☆ Pilot Thinks He Found Amelia Earhart's Plane Deep in the Pacific Ocean
▼ + stars: | 2024-01-29 | by ( Lilian Manansala | ) www.businessinsider.com time to read: 1 min

A former US intelligence officer believes he may have found the wreckage of Amelia Earhart's plane. His team used a $9 million submersible that picked up a sonar image during a 100-day expedition.

Persons: Amelia Earhart's

☆ Walmart store managers will receive up to $20,000 per year in company stock
▼ + stars: | 2024-01-29 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +2 min

Walmart store managers are set to receive annual stock grants ranging from $10,000 to $20,000. AdvertisementIt's a good year to be a store manager at Walmart. Fresh off the announcement earlier this month of substantial pay and bonus increases, the company said Monday that it is adding annual stock grants of up to $20,000 to the store managers' compensation packages. AdvertisementThe amount of the grant will depend on the size of the store, with $10,000 for Hometown store managers, $15,000 for Neighborhood Market or Division 1 store managers, and $20,000 for Supercenter managers. Roughly three-quarters of Walmart store managers started off in hourly roles, and the company does not require a college degree to be considered for the job.

Persons: —, John Furner, Furner Organizations: Walmart, Service, Walmart's, LinkedIn, Hometown, Neighborhood Market Locations: Houston , Texas

Walmart said it hasn't made any changes to store managers' pay structure in more than a decade. U.S. managers of the sprawling supercenters, which run about 180,000 square feet, will receive $20,000 in stock grants. Walmart said the stock grants will vest over a three-year period, with ownership for one-twelfth of the grant total coming every quarter. The new starting annual base salary for U.S. store managers will range from $90,000 to $170,000. That means that the average base pay for store leaders will go to $128,000 from $117,000, according to Cedric Clark, executive vice president of store operations at Walmart’s U.S. division.

Persons: hasn't, ”, John Furner, Furner, Cedric Clark Organizations: Walmart, U.S, Hometown, Walmart U.S, Walmart’s U.S Locations: Bentonville , Arkansas, U.S

☆ Instacart is using AI art. It's incredibly unappetizing.
▼ + stars: | 2024-01-28 | by ( Jake Swearingen | ) www.businessinsider.com time to read: +4 min

In May 2023, Instacart announced it was partnering with OpenAI to create an "Ask Instacart" AI model that would allow users to ask Instacart questions about what to make for dinner. In that press release, it did not disclose that it would also be adding AI recipes to the site too. AdvertisementMultiple companies have been accused of or admitted to using generative AI imagery in the past year. Reuters reported that large advertising agencies are using generative AI art in advertisements. Wizards of the Coast, a gaming company, apologized after it was caught using generative AI in some advertisements.

Persons: Fry, Instacart, OpenAI Organizations: Service, Business, Reuters

☆ A former US Air Force officer spent $11 million searching for Amelia Earhart's long-lost plane — and may have found it
▼ + stars: | 2024-01-28 | by ( Katherine Tangalakis-Lippert | Rebecca Rommen | ) www.businessinsider.com time to read: +8 min

Amelia Earhart, 40, stands next to a Lockheed Electra 10E, before her last flight in 1937 from Oakland, California. Amelia Earhart took off from the airport in her £10,000 Flying Laboratory for Honolulu on the first leg of her round-the-world flight. A map of where Earhart's plane is believed to have gone missing along her presumed flight path. Romeo and his company, Deep Sea Vision, discovered an object of similar size and shape to Amelia Earhart's iconic plane, deep in the Pacific Ocean. Advertisement"It's very deep water, and the area that she could've possibly been in is huge," Tom Dettweiler, a sonar expert, told The Journal.

Persons: —, Amelia Earhart, Tony Romeo, Fred Noonan, Romeo, I've, Dorothy Cochrane, Andrew Pietruszka, he's, Amelia Earhart's, we've, there'll, it'll, Earhart's, Tom Dettweiler, Earhart, Cochrane, I'm Organizations: Service, US Air Force, Business, Lockheed, AP, Kongsberg, Street Journal, Laboratory, Smithsonian Institution's, Air and Space Museum, Scripps Institution of Oceanography, Smithsonian, dateline Locations: Oakland , California, Norwegian, Tarawa, Kiribati, Honolulu, Howland, Honolulu , Hawaii

☆ Instacart wants to turn grocery shopping into 'Pokémon GO' to get you to buy more using smart carts
▼ + stars: | 2024-01-27 | by ( Alex Bitter | ) www.businessinsider.com time to read: +3 min

Instacart is trying to gamify grocery shopping with its Caper smart carts, an executive said. AdvertisementInstacart is trying to get you to buy more at the grocery store when you use one of its screen-equipped shopping carts — by turning shopping into a game. The company's Caper carts can show shoppers ads or discounts for products based on their buying habits, Instacart has said. McIntosh told Grocery Dive that customers spend around 30 minutes in front of the cart's screen during a visit. "We really believe that it's going to be the future of grocery shopping," CEO Fidji Simo told Bloomberg at the time.

Persons: Instacart, —, David McIntosh, McIntosh, financials Instacart, Fidji Simo Organizations: Service, Connected, Bloomberg

☆ Holy crap, look how small and old 'The Daily Show's' audience has gotten
▼ + stars: | 2024-01-26 | by ( Peter Kafka | ) www.businessinsider.com time to read: +2 min

When Jon Stewart left "The Daily Show" in 2015, he had a modest but meaningful audience on cable TV. When he comes back next month, he'll find that in his absence, the show's audience has gotten much, much smaller. "The Daily Show's" overall audience has shrunk by 75% — from 2.2 million viewers a night to 570,000. And the age of the audience has skyrocketed because younger viewers are barely watching at all. On Wednesday, when I got these numbers from Nielsen, I asked someone who has spent a lot of time in late-night TV to guess the age of the Daily Show's audience today.

Persons: Jon Stewart, Stewart, Jimmy Fallon, Jimmy Kimmel, I'm, Trevor Noah, Stewart's, I've Organizations: Nielsen, Daily, Comedy, Paramount, NBC, SNL, YouTube

Five players from Canada's 2018 world junior team have taken a leave of absence from their current clubs in recent days amid a report that five members of that team have been asked to surrender to police to face sexual assault charges. The NHL Players' Association declined to comment. In the meantime, members of the organization, including Flyers players, will not be commenting any further. Hockey Canada has made wholesale changes after a scathing independent report and lost major sponsors in the nearly two years since this and other scandals emerged. Nike last year permanently ended its partnership with the organization after earlier pausing it, along with other sponsors, given the heavy criticism of Hockey Canada leadership.

Persons: Michael McLeod, Cal Foote, Carter Hart, Dillon Dube, Alex Formenton, Formenton, McLeod, Foote, Sandasha Bough, Daniel Briere, “, Bill Daly, Daly, ” Daly, Hart's, Briere, ” Briere, “ We’re, ”, Lindy Ruff, Dube, Dillon, ” Formenton, Scott Smith, Dan Gelston, John Wawrow, ___ Organizations: NHL, New Jersey Devils, Philadelphia Flyers, Calgary Flames, Flyers, Swiss, HC Ambri, Devils, NHL Players, Association, Hockey Canada, Globe &, London Police, The Associated Press, Associated Press, London police, Flames, Ottawa Senators, Switzerland's National, Hockey, Nike, AP, AP Hockey Locations: Europe, Swiss, Canada, London , Ontario, Toronto, Detroit, Colorado, Newark , New Jersey, Hockey Canada, Voorhees , New Jersey, Buffalo , New York

☆ Jon Stewart returns to 'The Daily Show' — but only on Mondays
▼ + stars: | 2024-01-24 | by ( Sarah Whitten | ) www.cnbc.com time to read: +2 min

Jon Stewart is returning to "The Daily Show" — but only on Mondays. The comedian helmed the Comedy Central talk show between 1999 and 2015, before passing the torch to South African comedian Trevor Noah. Stewart will serve as "The Daily Show" host on Mondays starting Feb. 12, and appear at least through the 2024 election cycle. Since his 2015 exit from "The Daily Show," Stewart has kept busy as the executive producer of CBS' "The Late Show with Stephen Colbert" and weekly spots on Apple's streaming service via his show "The Problem With Jon Stewart," which was recently canceled. Stewart is also an avid philanthropist and has lobbied for healthcare benefits for veterans and 9/11 first responders.

Persons: Jon Stewart, Trevor Noah, Noah, Stewart, Stewart's, Chris McCarthy, Jon, Stephen Colbert Organizations: Central, Paramount, Comedy, YouTube, Showtime, MTV Entertainment Studios, CBS Locations: African

☆ Will Jon Stewart's TV audience come back? Here's why it may not matter.
▼ + stars: | 2024-01-24 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

On the other hand, maybe wondering about Stewart's TV audience isn't the right question. If TV ratings aren't important, then why would Stewart come back to a TV network — and why would a TV network care about landing Stewart? Doing a thing he's good at on Comedy Central — the thing he was good at doing on Comedy Central a decade ago — could be a real boost. AdvertisementOne theory is that Stewart's old audience, who are … old, will indeed come back to watch him. But even if they don't, the TV people I talked to argue that it won't matter that much to Comedy Central.

Persons: Jon Stewart hasn't, Stewart, —, Jon Stewart, Will, Trevor Noah, Nielsen, Noah's, buoying Stewart, Stephen Colbert, Taylor Sheridan, Tom Cruise, Stewart — Organizations: YouTube, Service, Cable, Nielsen, Comedy Central, Variety, Apple, Comedy, CBS, Paramount, Warner Bros Locations: TikTok

NEW YORK (AP) — Comedian Jon Stewart is rewinding the clock, returning to “The Daily Show” as a weekly host and executive producing through the 2024 U.S. elections cycle. Comedy Central on Wednesday said Stewart will host the topical TV show, the perch he ruled for 16 years starting in 1999, every Monday starting Feb. 12. Two former correspondents in particular got massive boosts — Steve Carell and Stephen Colbert. '”The show's abrupt end was reportedly triggered due to clashes between Stewart and Apple over its coverage of stories around China and artificial intelligence. A spokesperson did not immediately respond to questions about who will host “The Daily Show” after the November election.

Persons: Jon Stewart, Stewart, “ Jon Stewart, ” Chris McCarthy, Jon, Craig Kilborn, Trevor Noah —, Noah, Desi Lydic, Michael Kosta, Ronny Chieng, Jordan Klepper, Stewart didn't, untethered, ”, “, I’m, ’ ”, John Oliver, Larry Wilmore, Olivia Munn, Samantha Bee, Roy Wood Jr, Aasif Mandvi, Kennedy, Mark Twain, Steve Carell, Stephen Colbert, Carell, Ron Burgundy, ” Colbert, ___ Mark Kennedy Organizations: Central, Showtime, MTV Entertainment Studios, Strike Force, Hollywood, Guardian, CBS, Apple, Los Angeles Times Locations: China

☆ How the superrich, like Walmart's Waltons, get richer by using trusts to give to charity and save on tax
▼ + stars: | 2024-01-23 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +7 min

If the calculations predict that the trust's remainder interest is zero, the beneficiaries are exempt from estate tax even if the assets actually appreciate by a greater amount. If the trust assets are invested and achieve an annual rate of return of 9% a year, the CLT's remainder will be $2.1 million. Advertisement"It's a fantastic low interest rate play," said Renn. "The problem now is rates have really risen and it's to the point where some investments clearly can outperform a 4% or 5% interest rate, but others might struggle." In this interest rate environment, charitable remainder trusts (CRTs) have better odds.

Persons: —, Jacqueline Kennedy Onassis, Walton, Lance Morgan, Ed Renn, I've, Renn, Dan Griffith, Griffith, CLTs, Onassis, Jennifer Galvagna, Michael Prinzo, they're Organizations: Service, Tax, Business, Bloomberg, Huntington Private Bank, Bank of America Private Bank Locations: Withersworldwide, CLTs, Israel, Palestine

☆ 4 of the biggest stereotypes about Americans, debunked by a British woman living in Ohio
▼ + stars: | 2024-01-23 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +8 min

Read previewA British woman who moved to the US says she had many misconceptions about the country until she lived there. Stereotype 1: Americans are lazyIn one video, Hart said there was a misconception that Americans are "lazy people" which she'd found to be "so not true." AdvertisementHart said that contrary to the stereotype that Americans are lazy, she thinks Americans are extremely committed to work. In a January TikTok , Hart also brought up the fact that many Americans don't have passports and are not required to have them to travel between states. AdvertisementIn a post from July 2023, she expanded on the topic of American friendliness while challenging another stereotype that Americans don't like British people.

Persons: —, Millie Hart, Hart, she's, she'd, it's, Ralph Buehler, I've, Hart's Organizations: Service, Business, Fox News, Pew Research Center, Virginia Tech, Forbes, RAC, Walmart, NBC Locations: West Midlands, England, Ohio, America, Britain's

☆ Why is your grocery delivery taking so long? Your driver has 2 other deliveries.
▼ + stars: | 2024-01-22 | by ( Alex Bitter | ) www.businessinsider.com time to read: +6 min

Delivery apps like Instacart and Walmart Spark often 'batch' orders together. Drivers have a choice, companies sayBatches have been part of Instacart's strategy for "several years," a company spokesperson told BI. Advertisement"Some customers get angry wondering why it's taking so long," the Alabama driver said. Customers give drivers low ratings and pull away tips as a result, the driver told Insider. AdvertisementDo you work for Instacart, Spark, or another delivery service and have a story idea to share?

Persons: —, they'll, Instacart, Uber, commenter Organizations: Walmart, Service, Drivers, Alabama, FedEx, UPS, SEC Locations: Alabama, North Carolina, New York City, Queens, Brooklyn

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