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☆ China's attendance at Saudi peace talks is 'bad news' for Putin — but Xi Jinping is still 'well served' by his friendship with Russia, expert says
▼ + stars: | 2023-08-10 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Chinese diplomats attended Ukraine peace talks in Saudi Arabia, signaling a possible rift with Russia. While China's attendance is notable, the country is still benefiting from its relationship with Russia. Chinese leader Xi Jinping wants to be seen as an international stakeholder, an expert said. Participants in the talks, however, saw China's presence as a major win for Ukraine, the Financial Times reported. "So Xi wants to be seen as a responsible stakeholder — even as he rattles his saber towards Taiwan," Miles said.

Persons: Xi Jinping, Russia's, —, Putin, Simon Miles, Vladimir Putin, China's, Wang Yi, Sergei Lavrov, Miles, Xi, Ukraine's, Sergey Radchenko Organizations: Service, Privacy, China, Ukraine, Financial Times, Duke University's Sanford School of Public, Soviet Union, Russian, CNN, Kremlin, Johns Hopkins University, The New York Times Locations: Ukraine, Saudi Arabia, Russia, Wall, Silicon, China, Moscow, Saudi, Soviet, Siberia, Taiwan, South China, Beijing

☆ US boardroom diversity gains slow as S&P 500 seeks resumes from finance
▼ + stars: | 2023-08-09 | by ( Ross Kerber | ) www.reuters.com time to read: +2 min

[1/2] A boardroom is seen at the legal offices of the law firm Polsinelli in New York City, New York, U.S., June 3, 2021. REUTERS/Andrew KellyAug 9 (Reuters) - Boards of S&P 500 companies made recruiting directors with financial expertise their top priority over the past year, slowing boardroom gains for minorities, according to a new report. According to research firm Equilar, just three of 68 financial services CEOs in the S&P 500 are nonwhite. Investors have sought more boardroom diversity as part of a broader U.S. reckoning on race relations. The decline in the share of new minority directors came from a drop in Black or African-American directors.

Persons: Polsinelli, Andrew Kelly, Spencer Stuart, Julie Daum, Spencer Stuart's, Daum, Ross Kerber, Jonathan Oatis Organizations: REUTERS, Investors, Thomson Locations: New York City , New York, U.S

☆ New DoorDash customers are turning to the app for grocery deliveries and flowers, not just restaurant meals
▼ + stars: | 2023-08-09 | by ( Nancy Luna | ) www.businessinsider.com time to read: +4 min

DoorDash is seeing a surge in non-restaurant orders from new customers, including grocery and flower deliveries. The delivery company has 100,000 retail stores on its app, surpassing Instacart's 80,000 merchants. The company said more new customers are turning to the app for non-restaurant orders as DoorDash has grown its retail selection to more than 100,000 stores. In July, online grocery sales dropped 7% to $7.2 billion compared to July 2022 , according to the latest monthly Brick Meets Click/Mercatus Grocery Shopping Survey. Driving the downturn was delivery sales, which decreased 13.3% to $2.6 billion , according to the July survey released August 9.

Persons: Tony Xu, DoorDash, Xu, Grubhub, Uber, It's, Petco, Staples, Brittain Ladd, Instacart, confidentially Organizations: Service, Albertsons, Aldi, Target, Walgreens, Dollar Locations: Wall, Silicon, Stanford, PetSmart, North America

☆ 13 Hollywood production companies making brand films that streamers like Netflix and Apple want to buy
▼ + stars: | 2023-08-09 | by ( Lucia Moses | ) www.businessinsider.com time to read: +11 min

said Marc Gilbar, who runs the brand division at Imagine Entertainment. Some are also looking to brand films to offset some of the revenue they're losing in the dual Hollywood strikes. (Brand films are often unscripted and thus aren't governed by the Hollywood unions.) They also see brand work being a positive for below-the-line workers who are idled by the work stoppage. Led by EVP Kate Oppenheim, Tribeca Studios' projects have included "We Could be King" (ESPN2) for Dick's Sporting Goods and P&G's Queen Collective series (BET).

Persons: Ben Silverman, Issa Rae's Hoorae, Kevin Hart's Hartbeat, Julian Jacobs, we've, Marc Gilbar, Samuel L, Jackson, Emma Stone, Zac Ryder, Olivia Wilde, Laurene Powell Jobs, Caitlin McGinty, It's, James Gay, Rees, Paul Martin, Kevin Hart's, Hart, Hartbeat, Brian Price, Chase Sapphire, Procter, Reese Witherspoon, Zoe Fairbourn, Ron Howard, Brian Grazer's, Ron Howard's, Bryce Dallas Howard, Gilbar, Rocco DiSpirito, General Mills, Rupert Maconik's Saville, Werner Herzog, Barry Levinson, Sugar23, Oscar, Michael Sugar, Trevor Noah's, he's, Kennedy, Matt Rotondo helms, Sugar, Mike Beck, Alexa Conway, Trevor Noah, Kate Oppenheim, HBO Max, Paul McCartney, Mary McCartney Ventureland, Kerstin Emhoff, Paul Hunter, John Battsek, Stacy's Pita Chips, Will, Jada Pinkett, REI, Gargi Organizations: Hollywood, Brands, Mattel, Netflix, Apple, UTA, Imagine Entertainment, Producers, Adobe, IBM, Anonymous, HP, Afghan Girls National Soccer Team, Showtime, Pepsi Boardwalk Pictures, Relativity Media, Super, Pepsi, REI, Unilever, Marriott, Surf League, Major League Soccer, Sam's, Gamble, Weinstein Co, Hulu, Imagine, Paramount, Saville Productions, Disney, Time Studios, Procter & Gamble, Anheuser, Busch, InBev, CAA, Studios, MSNBC, ABC, NBC, Tribeca Studios, Dick's Sporting Goods, HBO, CNN, Mobile, Stacy's, Everest, Vice Studios, Westbrook Media, Meta, Logitech, Samsung Locations: Hollywood, Subway, Magnolia

☆ I visited Walmart during its 'sensory-friendly' shopping hours and loved the calmer, less chaotic shopping environment
▼ + stars: | 2023-08-09 | by ( Grace Mayer | ) www.businessinsider.com time to read: +5 min

Walmart is holding sensory-friendly shopping hours on Saturday mornings during back-to-school shopping season. Walmart is holding sensory-friendly shopping hours on Saturday mornings at most stores for the back-to-school shopping season. Walmart said the shopping hours are part of its efforts to create "a quieter shopping environment that's more enjoyable for customers who live with sensory disabilities." A sign at Walmart's entrance advertised the store's sensory-friendly shopping hours. I don't have a sensory disability, but I found shopping during the sensory-friendly hours a calmer experience overall.

Persons: Grace Mayer, ” Grace Mayer, Grace Meyer Organizations: Walmart, Service, Target, Starbucks Locations: Wall, Silicon, Kansas

☆ How Warner Bros. Discovery's MotorTrend beat the odds and went from magazine publisher to a 9-figure video and digital business
▼ + stars: | 2023-08-08 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Digital and video content has become a nine-figure business with shows aimed at a broad audience. Building on its linear channel MotorTrend TV and DTC business MotorTrend+, it launched Warner Bros. Discovery's first free, ad-supported TV (FAST) channel last October, and it's slated to roll out its first Spanish-language FAST TV channel, MotorTrend Veloz TV, in August. Discovery formed a joint venture in 2017 of MotorTrend and its cable channel Velocity (since renamed MotorTrend TV). MotorTrend's FAST channel launch last fall on Samsung TVs coincided with Samsung launching its own automotive channel, Ride or Drive, for example.

Persons: Kevin Hart's, Hart, It's, MotorTrend, Alex Wellen, Discovery's, MotorTrend MotorTrend, jumpstart MotorTrend, Discovery, Wellen, Rob Corddry, Mike Suggett, Suggett, Kevin Hart, there's, — Organizations: MotorTrend Group, Warner Bros, Automobile, Harvard Business, Discovery Communications, Scripps Networks Interactive, HGTV, Food Network, CNN Worldwide, FAST, Samsung, YouTube Locations: MotorTrend, That's

REUTERS/Dado Ruvic/IllustrationBENGALURU, Aug 7 (Reuters) - Indian e-commerce startup Meesho has posted its first-ever profit and is targeting a stock market listing in the next 12-18 months, a senior company executive said in an interview. An initial public offering (IPO) is now being planned in the next 12-18 months, Bansal added. Meesho, which was founded by Indian Institute of Technology graduates Vidit Aatrey and Sanjeev Barnwal, clocked more than 1 billion orders in the last 12 months. Many Indian startups have fired thousands of employees and cut costs aggressively in recent months. Last week, Indian food delivery giant Zomato (ZOMT.NS) also posted its first-ever profit.

Persons: Dado Ruvic, Meesho, Japan's SoftBank, Dhiresh Bansal, Bansal, Vidit Aatrey, Sanjeev Barnwal, Meesho's, Munsif, Aditya Kalra Organizations: REUTERS, Amazon, Meesho, Reuters, Indian Institute of Technology, Vidit, Thomson Locations: Bengaluru

☆ Dutch march past South Africa into quarter-finals
▼ + stars: | 2023-08-06 | by ( Nick Mulvenney | Thomson Reuters | Leads Coverage Of Sport Across The Asia-Pacific. Still Reports On The Full Panoply Of Sport. Many Olympics World Cups World Championships Grand Slams Grands Prix | ) www.reuters.com time to read: +3 min

Roord's header gave her side an early lead and Lineth Beerensteyn added the second goal courtesy of a goalkeeping error in the second half to secure the Dutch a date with Spain in Wellington on Friday. Dutch goalkeeper Daphne van Domselaar was equal to everything Banyana Banyana fired at her, however, and the 2019 finalists progressed to the last eight for the second successive tournament. Ten minutes into the second half, winger Lieke Martens had a goal disallowed for offside, but the Dutch did double the lead in the 68th minute. Banyana Banyana had one last chance to get on the scoreboard in stoppage time, almost inevitably through Kgatlana, but there was no way past Van Domselaar. "Yesterday we spoke about needing to score more goals and we had the opportunities, especially in the first half," said South Africa coach Desiree Ellis.

Persons: Jill Roord, Joy SYDNEY, Beerensteyn, Thembi Kgatlana, Daphne van Domselaar, Banyana Banyana, Andries Jonker, Danielle van de Donk, Lebohang Ramalepe, Kaylin, Thembi Kgatlana's, Van Domselaar, Kgatlana, piledriver, Lieke Martens, Linda, Desiree Ellis, I'm, Nick Mulvenney, Simon Cameron, Moore, William Mallard Organizations: Soccer Football, FIFA, Sydney Football Stadium, South, Sydney Football, World, Dutch, Thomson Locations: New Zealand, Netherlands, South Africa, Sydney, Australia, Spain, Wellington, United States, Melbourne, Sweden, Vietnam, Dutch

☆ 7 slang terms you'll only know if you work at Walmart
▼ + stars: | 2023-08-05 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +3 min

Insider spoke to Walmart employees about the slang terms they use at work. Insider asked current Walmart employees about the words they hear at work. According to one Walmart employee, it can happen when they have more product than what fits on the shelf. While officially, it's called OneWalmart, employees told Insider that everyone just calls it "The Wire." Meat WallThe meat wall is where Walmart stores stock their meat products — from ground beef to chicken to deli meats.

Persons: it's, It's, David J, Phillip, you'll, Jeffrey Greenberg Organizations: Walmart, Service, Privacy, Universal, Getty, Mule Walmart Locations: Wall, Silicon, Texas

☆ Instacart shoppers say the highest-earning orders are getting more extreme, with demands like 72-mile drives
▼ + stars: | 2023-08-04 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Shoppers say the highest-earning orders on the app are increasingly not worth the pay. "After an hour-and-a-half drive, that ice cream would've been milk," the shopper told Insider. Instacart told Insider on Monday that shoppers have control over which batches they choose to shop, and that it pays according to the complexity of each order. In the past, high-paying orders have been one way for Instacart shoppers to maximize their earnings. Are you an Instacart shopper with a story idea to share?

Persons: —, Instacart, Daniel Danker Organizations: Shoppers, Service, Costco, Food Lion, Kroger, IRS Locations: Wall, Silicon, Virginia, Georgia, St, Louis , Missouri, Illinois, Iowa, Utah

☆ Singer Lizzo denies creating hostile environment for dancers
▼ + stars: | 2023-08-03 | by ( ) www.reuters.com time to read: +3 min

Lizzo's response on the social media platform X comes two days after the dancers filed the lawsuit in Los Angeles County Superior Court. The lawsuit also claims that Davis was pressured to participate in a nude photo shoot to stay in a dance competition despite her discomfort. The lawsuit also alleges that Quigley harassed the dancers by subjecting them to her religious beliefs against their will. The plaintiffs also claimed that Quigley forced the topic of Davis' virginity into conversations and interviews. Davis and Williams were eventually dismissed while Rodriguez resigned over the behavior, the lawsuit said.

Persons: Karl Lagerfeld, Lizzo, Shirlene Quigley, Melissa Viviane Jefferson, Arianna Davis, Crystal Williams, Noelle Rodriguez, Davis, Lizzo's, Ron Zambrano, Quigley, Williams, Rodriguez, Brendan O'Brien, Matthew Lewis Organizations: Metropolitan Museum, Art's, Court, Touring Inc, Thomson Locations: New York City , New York, U.S, Los Angeles, Amsterdam, Chicago

☆ Reinvigorated Astros search for sweep of Guardians
▼ + stars: | 2023-08-02 | by ( Field Level Media | ) www.reuters.com time to read: +4 min

August 2 - Roughly 24 hours after saying he found it "disheartening" to watch other American League contenders complete trades that bolstered their rosters, Houston Astros manager Dusty Baker experienced a change of heart on Tuesday. The Astros will aim for a three-game series sweep on Wednesday afternoon. Prior to Valdez's gem in the Astros' 2-0 victory over the Guardians, Houston reacquired right-hander Justin Verlander from the New York Mets in a deal that sent out a pair of outfield prospects. "When you're going to acquire someone like a Justin Verlander, you're going to have to give up something," Astros general manager Dana Brown said. He's done a good job throughout his entire career, so at the end of the day, you're going to have to give up some players to get good players."

Persons: Dusty Baker, Framber Valdez, Houston, Justin Verlander, Lance McCullers Jr, Luis Garcia, Jose Urquidy, Cy Young, Baker, Verlander, Drew Gilbert, Ryan Clifford, Gilbert, Clifford, Dana Brown, he's, Cristian Javier, Tanner Bibee, Aaron Civale, jettisoning, Josh Bell, we've, Cam Gallagher, Gallagher Organizations: American League, Houston Astros, Cleveland Guardians, Astros, Guardians, New York Mets, Houston, Detroit Tigers, Mets, MLB Pipeline, of Fame, New York Yankees, Chicago White Sox, Cleveland, Tampa Bay Rays, Miami Marlins, Thomson Locations: Houston

Going "car-lite" and cutting nonessential car travel can be an affordable, impactful choice. That may sound expensive, but even a used car in the US now costs about $32,000. Even a brand-new, high-end bike costs about 90% less than the average used car. Public transit costs vary, but one household can save $10,000 a year by using public transportation instead of a car. Smart's research shows that families with a car experience an average income growth of 1% every two years.

Persons: Sonja Langford, Charlotte , North Carolina —, Langford, she's, Peter Krull, Krull, Michael Smart, Smart, Langford isn't Organizations: Service, University of North, Transportation, Earth Equity Advisors, Tesla, Rutgers University, Subaru, Charlotte, Bloomberg, Research Locations: Wall, Silicon, Charlotte , North Carolina, University of North Carolina, Asheville , North Carolina, Los Angeles

☆ Instacart drivers say they'd rather quit and work for McDonald's or DoorDash after the company slashed their minimum order pay from $7 to $4
▼ + stars: | 2023-08-01 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Instacart shoppers are considering leaving the platform after it cut base pay for filling orders. Last week, Instacart started paying its gig workers as little as $4 in base pay per order, Insider reported on Monday. Base pay is an amount that Instacart shoppers and drivers are guaranteed to make if they accept an order, though they can earn more from customer tips. Daniel Danker, Instacart's chief product officer, told Insider that the company pays "guaranteed batch earnings that are 2x higher than other app-based companies." On a Reddit page for Instacart shoppers, some workers say a traditional job is starting to look more appealing.

Persons: Instacart, Daniel Danker, aren't, InstaCart, they've, That's, Alexia Hudson, I've Organizations: Service, Base, McDonalds, Workers, Instacart Locations: Wall, Silicon, Charlotte , North Carolina

☆ Walmart is bringing ads to an aisle near you as retailers chase new money-makers
▼ + stars: | 2023-08-01 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

The discounter has nearly 4,700 stores across the U.S., with roughly 90% of Americans living within 10 miles of a Walmart store. In the U.S., about 139 million customers visit Walmart stores and its website or app each week. Walmart plans to sell the sampling stations to advertisers and bundle them with other ad formats that can run at the same time to make for a fuller campaign. In the most recent fiscal year, Walmart's global ads business grew nearly 30% and its U.S. ads business, Walmart Connect, rose about 40%. That's a sharper gain than the approximately 7% increase in Walmart's total revenue and Walmart U.S. net sales during the period.

Persons: Ryan Mayward, That's, Doug McMillon Organizations: Walmart, Shoppers, Kroger, Mattel, Walmart Connect, Fort, U.S, Walmart U.S Locations: U.S, Dallas, Fort Worth

☆ Instacart just slashed pay for delivery drivers — from a minimum of $7 per order to $4. Now they're more reliant on your tips.
▼ + stars: | 2023-07-31 | by ( Alex Bitter | Nancy Luna | ) www.businessinsider.com time to read: +6 min

Instacart has cut its minimum base pay to $4 from $7 per order, angering many who work for the app. The cut affects base pay, or an amount that Instacart workers are guaranteed to get if they accept an order. Instacart announced the lower base pay in a July 20 blog post entitled "creating new ways to earn." In the post, Instacart said orders that involve picking and delivering many items "may pay $10 or more" in base pay. Lower base pay means more reliance on tipsBoth Hudson and the driver in Tennessee said that the base pay cut makes customers' tips a more important source of income.

Persons: Instacart, Daniel Danker, Danker, I've, Alexia Hudson, she's, it's, Sergio Avedian, Guy, That's, Uber Organizations: Service, Instacart, Shoppers Locations: Wall, Silicon, Instacart, Tennessee, Indiana, South Carolina, Charlotte, she's, Los Angeles

☆ After 17 years at Walmart, I wanted an adventure – so I quit and sold my condo to go live in an RV
▼ + stars: | 2023-07-30 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Lee Jeyes left his job as Walmart's head of innovation after almost 17 years. Jeyes sold his condo and most of his belongings to start a new life traveling and working in an RV. In February, I left my job at Walmart as its head of corporate innovation after almost 17 years at the company. I sold or donated most of my possessions — everything from my car to my condo — and bought an RV for $40,000 in May. I then sold my condo for $925,000 in April and freed myself from a mortgage for the first time in a decade.

Persons: Lee Jeyes, Jeyes, I'd, Lee, Wally, Lee Jeyes I've, I'm Organizations: Service, Walmart, Artists Locations: Wall, Silicon, Toronto, Ontario, Canada

☆ Standard Chartered first-half profit beats estimates, sets new $1 billion share buyback
▼ + stars: | 2023-07-28 | by ( ) www.cnbc.com time to read: +1 min

A sign above the entrance to the headquarters of Standard Chartered Plc in London, U.K., on Monday, Feb. 14, 2022. Standard Chartered reported on Friday first-half pretax profit rose 20% and announced a new $1 billion share buyback, as rising rates and record financial markets business propelled margins at the emerging markets-focused lender. StanChart, which earns most of its revenue in Asia, said statutory pretax profit for the first six months of this year reached $3.32 billion. That compared with $2.77 billion a year earlier and the $3.18 billion average of 16 analyst estimates compiled by the bank. The bank upgraded its guidance for income growth in 2023 to a 12%-14% range from 10% previously.

Persons: Bill Winters Organizations: Standard Chartered, Chartered Locations: London, Asia

☆ StanChart lifts annual profit outlook, sets new $1 billion share buyback
▼ + stars: | 2023-07-28 | by ( ) www.cnbc.com time to read: +3 min

The lender upgraded its guidance for income growth in 2023 to a 12%-14% range from 10% previously. StanChart, which earns most of its revenue in Asia, said statutory pretax profit for the first six months of the year surged 20% to $3.32 billion, beating the $3.18 billion average of 16 analyst estimates compiled by the bank. Standard Chartered upgraded its annual profit forecast on Friday and set a new $1 billion share buyback after a strong first-half performance, as rising rates and a record financial markets business propelled the lender's margins. An illuminated Standard Chartered Plc logo is displayed on the Standard Chartered Bank building. London-headquartered StanChart's transaction banking income shot up by 92% to $2.86 billion, with cash management income up 166%, benefiting from a favorable interest rate environment.

Persons: Bill Winters, StanChart, Goldman Sachs Organizations: Chartered, Standard Chartered Bank, Jefferies, Hong, Citigroup, Deutsche Bank Locations: Asia, Hong Kong, London

The lender upgraded its guidance for income growth in 2023 to a 12%-14% range from 10% previously. StanChart's robust results showed how global market conditions are playing to the emerging markets-focused lender's strengths. London-headquartered StanChart's transaction banking income shot up by 92% to $2.86 billion, with cash management income up 166%, benefiting from a favorable interest rate environment. That contrasted with the prolonged slump in income at more deal-focused U.S. and European rivals. Reporting by Selena Li and Lawrence White; Editing by Muralikumar AnantharamanOur Standards: The Thomson Reuters Trust Principles.

Persons: Bill Winters, StanChart, Goldman Sachs, Selena Li, Lawrence White, Muralikumar Organizations: Standard Chartered PLC, Jefferies, Hong, Citigroup, Deutsche Bank, Thomson Locations: HONG KONG, Asia, Hong Kong, London

☆ Drunken Wagner fighters are 'boozing to their heart's content' at train stations in Moscow instead of going home, report says
▼ + stars: | 2023-07-27 | by ( Sophia Ankel | ) www.businessinsider.com time to read: +2 min

Some Wagner fighters stationed in Belarus have been told to go on leave, Mozhem Obyasnit reported. One relative wrote online that the fighters are "boozing to their heart's content," it said. But many have not made it home and are choosing to get drunk instead, the outlet reported, citing public chat groups between the supposed relatives of Wagner fighters. Several Wagner fighters are ex-convicts who were released on the grounds they fight with the group in Ukraine. In line with an agreement struck by Prigozhin and Belarusian President Alexander Lukashenko after the rebellion, the Wagner Group leader was sent to Belarus.

Persons: Wagner, Mozhem Obyasnit, Yevgeny Prigozhin, haven't, they're, Vladimir Putin's, Prigozhin, Alexander Lukashenko Organizations: Service, Group, BBC, Daily Locations: Belarus, Wall, Silicon, Russia, Syria, Africa, Ukraine, Russian

☆ Walmart Mexico posts slightly higher profit amid June sales uptick
▼ + stars: | 2023-07-27 | by ( Carolina Pulice | ) www.reuters.com time to read: +2 min

MEXICO CITY, July 27 (Reuters) - Walmart's Mexico and Central America unit on Thursday posted a 5% year-on-year rise in its second-quarter net profit, boosted by slightly higher sales especially in June, though earnings were slightly behind forecasts. Walmart de Mexico (WALMEX.MX), the largest retailer in Mexico, posted a net profit of 11.44 billion pesos ($668 million). The company posted a profit of 0.66 pesos a share, just below the Refinitiv estimate of 0.69 pesos. Same-store sales increased 8.5% in Mexico and 9.5% in Central America, and the firm expanded its physical footprint with 22 new stores in Mexico. Earnings before interest, tax, depreciation and amortization (EBITDA) for the quarter rose 8.5% to 21.9 billion pesos.

Persons: Paulo Garcia, Guilherme Loureiro, Monex, Loureiro, Carolina Pulice, Noe Torres, Kylie Madry, Lincoln, Christopher Cushing Organizations: MEXICO CITY, Central America, Walmart, America, Thomson Locations: MEXICO, Mexico, Central, Central America

☆ Venice film fest attracts top names despite Hollywood strikes
▼ + stars: | 2023-07-25 | by ( Crispian Balmer | ) www.reuters.com time to read: +4 min

Although many stars will miss the traditional red carpet openings for big studio productions, Venice artistic director Alberto Barbera still managed to attract a slew of top movies to the Lido. The world's oldest film festival, regarded as a launchpad for Oscar contenders as awards season approaches, features movies from 55 countries, including 23 titles running for the prestigious Golden Lion award. The SAG-AFTRA guild called the strike this month after failing to reach an agreement with studios on a new three-year contract. Barbera said he hoped stars of smaller independent movies would be able to publicise their work in person regardless of the stoppage. Both Allen, with his French language picture "Coup De Chance", and Polanski, with "The Palace" will show out of competition.

Persons: Bradley Cooper, Karl Lagerfeld, Andrew Kelly, Alberto Barbera, Yorgos Lanthimos, David Fincher, Michael Mann, Sofia Coppola, Ava DuVernay, Wes Anderson, Woody Allen, Roman Polanski, Luc Besson, MeToo, Besson, Oscar, Barbera, Luca Guadagnino, Zendaya, Maestro, Leonard Bernstein, Cooper, Priscilla, Elvis Presley's, Cailee Spaeny, Ferrari, Mann, Adam Driver, Enzo Ferrari, Penelope Cruz, Emma Stone, Mark Ruffalo, Allen, Chance, Polanski, Anderson, Henry Sugar, Roald Dahl, Benedict Cumberbatch, Ralph Fiennes, Dev Patel, Ben Kingsley, Crispian Balmer, Alison Williams Organizations: Metropolitan Museum, Art's, REUTERS, Hollywood, Golden Lion, SAG, Netflix, Lion, Thomson Locations: New York City , New York, U.S, Venice, ., Italian, American, United States

☆ Mark Cuban says his 13-year-old son is a 'little mini-me,' selling candy at school: 'He's hustling'
▼ + stars: | 2023-07-21 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +1 min

Mark Cuban believes he became a billionaire because he's been hustling and selling since childhood. Cuban recently bragged about his 13-year-old son Jake's side hustle selling candy at school on an episode of comedian Kevin Hart's Peacock talk show "Hart to Heart." "He's hustling and selling stuff all of the time," Cuban said in the interview, adding that Jake is tracking and organizing his efforts, too. "He shows me his spreadsheet because he's buying candy and selling it at school," Cuban told Hart, chuckling. Hart noted that Cuban must have been "mind-blown" to see his son taking a candy side hustle so seriously.

Persons: Mark Cuban, he's, Cuban, Kevin Hart's Peacock, Hart, Jake, wouldn't, Cuban's Organizations: Dallas Mavericks, Cuban

☆ Walmart cuts price of Walmart+ for households that receive food stamps, other government aid
▼ + stars: | 2023-07-20 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +4 min

The nation's largest retailer said Thursday that it will cut the price of Walmart+ in half for those low-income households. Walmart has not disclosed total Walmart+ subscribers, but said about a quarter of its members get government assistance. Walmart launched Walmart+ in 2020 to hook shoppers and increase the likelihood of them spending more on its website and in stores. Along with the Walmart+ discounted price, Walmart said it has made it easier for families receiving food aid to shop online. It said it now accepts SNAP online in all 50 states.

Persons: Doug McMillon, Morgan Stanley Organizations: Walmart, Nutrition, SNAP, United States Department of Agriculture, Amazon Prime, Costco, Sam's, Paramount, Consumer Intelligence Research Partners, Walmart Connect Locations: U.S, Alaska

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