Man Successfully Gets Into Disney World Using 46-Year-Old Ticket: ‘It’s Been Collecting Dust Since Before I Was Born’

A viral TikTok is exposing an unknown fact about Disney’s ticket policy — if you have an old, unused ticket, see if there’s an expiration date.

In a video that’s now been viewed over 8.6 million times, TikToker Matthew Ables takes viewers on a journey to see what happens when he finds and tries to use a Walt Disney World ticket for Magic Kingdom — from 1978.

“I always assumed that it was just an old family keepsake until I realized that it’s never been used and there’s no expiration date, which means I’ve either found the golden ticket here or I’m delusional thinking that the mouse is going to let me use it to get insight nearly half a century later,” Ables told viewers, noting that ticket originally cost $8.

@matthewables I tried getting into Disney World using a 46 year old ticket #disneyworld #disney #themepark #funny #fyp ♬ original sound – Matthew Ables

Ables flew to Orlando to try out his pass, labeled “10 adventures in one,” saying he initally got nervous because the Disney cast member began stamping his ticket with “void” stamps.

Related: Disney World and Disneyland Are Hiking Ticket Prices. Here’s How Much and When It Goes Into Effect.

To his surprise, she returned with a Yellow day pass, which granted him access to the park.

Viewers flooded the video praising the “magical” discovery, some sharing similar experiences.

“I had one similar to that! I had a paper ticket from 1980, and it was less than $50,” one viewer wrote. “They took it!! I got a plastic ticket, too. It caused quite a scene when I went to the ticket counter.”

“I used five tickets from 2001 that my mom saved from when I was a baby,” another said. “Best birthday present ever.”

Today, a standard day pass for ages 10 and up to Disney World parks starts at $109.

Related: ‘The Actual Most Magical Place on Earth’: Disney Employee Reveals Secret Discount Store Only Available to Disney Cast Members

According to Walt Disney World’s Ticket policy, the park will accept tickets as long as they are not expired.

“Walt Disney World Resort continues to honor all unexpired theme park tickets with remaining admission days,” the policy states. “For dated theme park tickets, you may be able to change the date on your tickets.”

It looks like even with increasing ticket prices, there’s still some Disney magic to be shared.

https://www.entrepreneur.com/business-news/disney-world-magic-kingdom-accepts-entry-ticket-from-1978/469019




Walmart Store Managers Will Get Up to $20K in Stock Every Year, Pushing Top-Earners Over $525K in Total Compensation

This article originally appeared on Business Insider.

It’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.

“A Walmart store manager is running a multi-million dollar business and managing hundreds of people, and it’s a far more complex job today then when I managed a store,” said John Furner, President and CEO for Walmart’s U.S. division, in a video posted on LinkedIn as the company kicks off an annual meeting in Houston, Texas.

“We ask our managers to own their roles and act like owners,” he added. “Now, they’ll literally be owners.”

The 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. Furner said the grants will start in April.

Walmart operates more than 4,600 retail locations across the US and employs 1.6 million people here.

These grants are on top of a new salary and bonus structure that will kick in on Thursday, February 1, bringing the average base salary for US store managers to $128,000, up from $117,000.

Under the plan announced on January 18, the maximum bonus increased from 1.5x annual salary to 2x annual salary — and will focus more on store profitability in addition to top-line sales.

This means a Supercenter manager with a top-end base salary of $170,000 could earn a total of $530,000 after receiving the maximum bonus and stock grant, while the average U.S. store manager could see roughly $400,000 in compensation this year.

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.

https://www.entrepreneur.com/business-news/walmart-store-managers-can-make-500k-stock-grants-bonuses/468962




Jeff Bezos Still Uses One of Famous Amazon ‘Door Desks’ From the ’90s — Here’s Why

Billionaire Jeff Bezos is reminded of his roots every day.

On Sunday, Bezos’ fiancé, Lauren Sánchez, shared a photo on Instagram of the Amazon founder working at his desk, coupled with a second photo that shows him at the same desk years ago.

It turns out, Bezos still uses one of the same desks from the early days at Amazon.

“When I walked in on him working this morning, I took this picture. I just love that he is still working from one of the first desks that have been around since the beginning,” Sanchez penned. “This is where countless hours of hard work meet the heart of Day one. Here’s to the endless pursuit of what’s possible.”

Related: Jeff Bezos’ Meeting Agenda: No Slideshows, ‘Two Pizza Rule’

Bezos famously founded Amazon as an online book retailer from his garage in 1994. When he started hiring employees for the company, he went across the street to Home Depot and made “door desks” for employees to use — a.k.a. desks with surfaces that were just constructed door panels.

Amazon says thousands of employees around the world still use modern-day versions of Bezos’ original ingenious design.

“We built door desks because it was the cheapest way we could support a desk,” Amazon’s fifth-ever employee, Nico Lovejoy, said in a company blog post five years ago. “A lot of the things that we do are scrappy by nature. So long as the scrappy solution works.”

The door desk has become such a staple in Amazon culture that the company even gives out a Door Desk Award, meant to represent the company’s core values of frugality and creativity.

However, Lovejoy maintained that though the idea was brilliant, Bezos might want to stick to business.

“You would never want to hire Jeff Bezos as a carpenter,” Lovejoy wrote. “He’s much better at other things. I think he’d tell you the same thing.”

Amazon was up over 60% year over year as of Monday afternoon.

https://www.entrepreneur.com/business-news/jeff-bezos-still-uses-one-of-his-first-ever-desks-photo/468957




Owners of a Famous Philly Cheesesteak Restaurant Jailed After Being Exposed in $8 Million Tax Fraud Scheme

There’s nothing more Philly than a cheesesteak, but the owners of one popular shop are now famous for something other than the food.

Nicholas Lucidonio, 57, and Anthony Lucidonio Sr., 84, the owners of Tony Luke’s, a beloved cheesesteak chain in business since 1992, were each sentenced to 20 months in prison and three years of supervised release for a “decade-long conspiracy to defraud the IRS,” according to a government press release.

There are currently 17 restaurants operating under the Tony Luke’s brand and franchise name. The original is located at Front Street and Oregon Avenue in South Philadelphia.

Court documents say that the Lucidonios concealed more than $8 million in cash receipts between 2006 and 2016 and purposely withheld cash receipts, which led to their accountant filing falsified tax returns without his knowledge.

Related: IRS Uses AI to Fight Tax Evasion, Millionaires Dodging Taxes

The father and son duo were also accused of not documenting some employee payments and paying workers partially in cash but continuing to pay most of their earnings on payroll. These cash payments were also not reported to their accountant, which led to falsified and incorrect employee tax return forms.

“For a decade, these successful restaurateurs boldly cooked the books, cheating the government and honest taxpayers alike,” said U.S. Attorney Jacqueline Romero, per local outlet, NBC 10. “As this investigation and prosecution show, tax fraud is a crime with some pretty high stakes, with violators held fully accountable.”

The tax fraud scheme was originally uncovered in 2015.

“When a dispute over Tony Luke’s franchising rights arose between the Lucidonios and another individual in 2015, the Lucidonios became concerned that their tax fraud scheme would be revealed, so they directed that the prior year’s tax returns be amended to increase reported sales,” the U.S. Department of Justice explained in a statement. “The Lucidonios continued to hide their ongoing payroll tax scheme.”

The scheme has cost the U.S. government an estimated $1,321,042.

Related: Father-Son Duo to Serve Time for $20 Million Lottery Scheme

https://www.entrepreneur.com/business-news/famous-philly-eatery-owners-jailed-for-8m-tax-fraud-scheme/468947




In a Leaked Recording, Amazon’s Audible CEO Dishes on Rivalry with Spotify’s New Audiobook Business. ‘It’s Hard to Ignore.’

This article originally appeared on Business Insider.

Spotify looms large in the mind of Amazon‘s Audible CEO after the music streaming app made a giant leap into the growing audiobook space.

During an internal all-hands meeting earlier this week, an employee asked Audible CEO Bob Carrigan why Audible was spending so much time “in fear of our competition” these days, when it should be paying more attention to the customers, according to a recording of the meeting obtained by Business Insider.

Carrigan said “it’s hard to ignore what Spotify’s doing,” in reference to the music streaming app’s recent launch of free audiobooks for premium subscribers.

He said Spotify is taking a “classic tech company freemium approach” in the audiobook space, which makes him be “a little extra aware” of them. Though he repeated Amazon’s famous motto to “be customer focused, competitor aware,” Carrigan said Spotify’s move into Audible’s core market creates a completely different dynamic.

“A year ago we didn’t have a subscription based, fully included competitor that has hundreds of millions of customers,” Carrigan said. “To say that that is not something that we should be paying close attention to would be business irresponsibility.”

Carrigan’s response was part of a tense internal all-hands meeting that came just two weeks after Audible laid off 5% of its workforce. The employee questions covered everything from the layoffs and low morale to the impact of artificial intelligence on their jobs, as BI previously reported.

“A bit unprecedented”

During the meeting, Carrigan claimed Audible hasn’t had major price increases even while significantly boosting the value of its offerings. That puts Audible in a good position to go after both light listeners and hardcore audiobook customers, he said. But Spotify’s move into the space is still “a bit unprecedented,” given the company’s sheer size and scale, he added.

Carrigan also said that he still spends 90% of his day thinking about Audible’s customers and creators. Great companies, he said, are mindful of both customers and competitors.

In an email to BI, Audible’s spokesperson confirmed the meeting and the broader discussion points.

“Earlier this week we gathered as a company at our quarterly global meeting. As a part of that discussion, we talked about the difficult moment that role eliminations create for all employees,” the spokesperson said in a statement. “We also discussed how we are customer obsessed and competitor aware, reinforcing that Audible remains well-positioned for future growth and continued innovation.”

https://www.entrepreneur.com/business-news/amazon-audible-ceo-worries-over-spotify-in-leaked-recording/468945




A Woman Is Going Viral for Returning Her Couch to Costco 2 Years After Buying It: ‘We Just Don’t Like the Color Anymore.’

A woman who took advantage of Costco‘s generous return policy is going viral on TikTok.

In a clip that’s been viewed more than two million times, Jackie Nguyen explained what happened when she decided to return a couch she’d owned for two-and-a-half years. Nguyen said she didn’t have a receipt for the couch and admitted she was nervous.

“It is very intimidating going in there with a big giant purchase, and you’re returning it … it’s like very intimidating,” she said. “There’s a lot of people staring at you. But who cares? Return it, they have an awesome return policy.”

@xojacckss Returning my couch to costco ✨ #costcoreturns #costcotiktok #costco ♬ original sound – JackieNguyen

Nguyen explained that she remembered the date that she purchased the couch, which she was able to share with the Costco employee, who was then able to find her purchase record and accept the return — for a full refund.

Related: Costco Members Have an Exclusive New Perk

“[The employee] just asked me if there was anything wrong with it or if I just didn’t want it or like it anymore,” she explained. “And I said I just didn’t like it anymore, we just don’t like the color anymore. And they gave us our refund, full refund to [our] card.”

In a now deleted post, Nguyen told viewers that when returning a large ticket item like that to Costco, you can only expect to be refunded for the amount you purchased it for even if the item increased in price from the time of the original purchase.

In Nguyen’s case, she purchased the couch for $900, but it now sells for $1,500, so she was refunded $900, as reported by Daily Dot.

Costco’s return policy states that the company will “guarantee your satisfaction on every product we sell, and will refund your purchase price,” with certain exceptions, including some electronics that must be returned within 90 days and a no-return policy on cigarettes and alcohol.

Related: This Hack Will Get You Into Costco Without A Membership

Costco was up nearly 38% year over year as of Friday afternoon.

https://www.entrepreneur.com/business-news/woman-goes-viral-for-returning-costco-couch-after-2-years/468883




Bank of America Threatens Workers Who Won’t Return to the Office With ‘Disciplinary Action’ — Read What the Letters Said

Bank of America has instituted a strict return to office policy for employees that threatens “disciplinary action” to those who don’t comply, according to documents seen by the Financial Times.

The company reportedly sent “letters of education” to workers who have not been coming into the office to warn them that they could face trouble in a matter of weeks should their behavior not change.

“Failure to follow the workplace excellence expectations applicable to your role within two weeks of the date of this notification may result in further disciplinary action,” one of the letters said, according to the Financial Times.

Related: Bye Bye Summer Fridays: Goldman Sachs Employees Mandated to Return to Office 5 Days a Week Amid Turmoil

According to Insider, the bank began sending letters at the end of last year, and most employees who receive one will have received some initial warning before the formal document.

Bank of America requires most employees to come into the office at least three days a week, a policy it implemented in October 2022. Employees in client-facing roles are encouraged to return to the office five days a week.

“You are receiving a letter of education for failure to follow the minimum expectation regarding your work location set by the Workplace Excellence Guidelines despite requests and reminders to do so,” a letter allegedly posted by a Bank of America employee said. “You are expected to adhere to all expectations of your role. Failure to meet expectations of your role in the future may result in further action.”

Bank of America currently employs an estimated 160,000 people.

The bank isn’t the first to crack down on in-office policies among employees.

This summer, Goldman Sachs reportedly told employees they needed to be in the office five days a week. However, the bank claimed it was “simply reminding our employees of our existing policy” when asked about the protocol.

Bank of America was down just over 5.3% in a one-year period as of Friday afternoon.

Related: Amazon CEO Andy Jassy Cracks Down on Return to Office Policy

https://www.entrepreneur.com/business-news/bank-of-america-threatens-employees-who-dont-return-to/468879




Chipotle Is Trying to Lure Gen Z Workers With New Monetary Benefits — Will It Help Draw in Younger Employees?

Chipotle is hoping to attract more young workers by offering more benefits ahead of what the chain calls its “burrito season.”

The restaurant hopes to hire 19,000 new employees during its most profitable season, which lasts from March to May. The season tends to be so profitable due to “seasonal factors like weather and daylight,” per a Chipotle spokesperson quoted by WSJ.

But instead of offering fun perks like Summer Fridays and team parties, the chain is offering benefits that have monetary value in an attempt to bring in younger workers.

Related: Chipotle Mexican Grill Is Still A Tasty Investment

First, Chipotle announced that it would match up to 4% of a worker’s salary through 401(k) contributions if the worker is making student loan payments.

The unique perk will help encourage Gen Z employees to pay off their loans while also helping them save for retirement — a potential win-win for a generation already well on their way to caring about retirement, per a November 2023 Transamerica Center for Retirement Studies survey in which 66% of Gen Zers revealed that they’d started saving for retirement already.

“If the employee is paying at least 5% of their salary toward the student loan, Chipotle will match 4% into their 401(k),” Chipotle told Business Insider.

All employees who have worked for at least one year and 1,000 hours are eligible.

Chipotle also said that it would cover six free mental health sessions for employees who choose to opt in, as well as offering an “AI-Powered” credit card to help young employees with banking.

Related: Chipotle’s Robots Can Make Almost 200 Burrito Bowls an Hour

Though the chain has yet to report Q4 2023 earnings, Chipotle had a strong Q3 thanks to higher prices in restaurants helping offset the cost of food inflation, namely on beef and cheese.

“I think the Chipotle value, when we haven’t raised prices in over a year until this latest action, is coming through, and people are choosing to dine at Chipotle because we are very affordable,” said CFO Jack Hartung during the company’s earnings call at the time.

Chipotle was up over 46% in a one-year period as of Wednesday afternoon.

https://www.entrepreneur.com/business-news/chipotle-rolls-out-new-perks-to-attract-gen-z-workers/468773




The Late Charlie Munger’s Final Stock Portfolio Update Is Out — And It Shows His Iconic Approach to Investing

This article originally appeared on Business Insider.

The late Charlie Munger grew Daily Journal’s stock portfolio from nothing to $300 million within 15 years. The newspaper publisher just filed its final portfolio update from the legendary investor’s time in charge, and it underlines Munger’s exceptional patience, discipline, and conviction.

Munger, best known as Warren Buffett’s right-hand man and Berkshire Hathaway’s vice chairman, died aged 99 on November 28. He chaired Daily Journal’s board for about 45 years from 1977 to 2022. When markets crashed during the 2008 financial crisis, he made the call to plow some of the company’s money into stocks and started managing its investments.

Daily Journal’s first portfolio filing dates back to the fourth quarter of 2013, likely because that’s when the value of its holdings breached the $100 million reporting threshold. The publisher and legal-software provider disclosed 2.3 million shares of Bank of America, almost 1.6 million shares of Wells Fargo, 140,000 shares of US Bancorp, and 64,600 shares of South Korean steelmaker Posco.

Remarkably, Daily Journal held the exact same amount of Bank of America, Wells Fargo, and US Bancorp shares a decade later, on December 30 last year. While it slashed its Posco position to 9,745 shares in the fourth quarter of 2014, it didn’t touch it again until the fourth quarter of 2022, when it exited the holding.

Munger made only one other big change to Daily Journal’s portfolio. He bet on Alibaba at the start of 2021, quadrupled his wager by the end of the year, then halved it the next quarter after souring on the Chinese e-commerce titan and deciding he’d made a mistake.

It’s worth noting that Munger’s hands-off approach wasn’t a winner across the board. The value of Daily Journal’s Wells Fargo and US Bancorp positions rose by less than 10% in a decade, while the S&P 500 surged by over 150% in the same timeframe. The company’s Bank of America stake did better, rising by almost 120% in that period.

Munger’s record appears to have been saved by an early bet on Chinese EV maker BYD. The wager likely made up the lion’s share of Daily Journal’s $138 million in unrealized gains on September 30, and allowed it to realize a 15-fold return on a $3.3 million wager in late 2021.

Even so, Daily Journal’s filings underscore Munger’s commitment to making concentrated bets, buying for the long term and only at a compelling price, rarely selling, and resisting the urge to fiddle or panic. He barely touched its handful of US holdings for at least a decade, adding just one name, exiting another, and leaving three of its positions fully intact.

https://www.entrepreneur.com/business-news/charlie-mungers-final-daily-journal-stock-portfolio-is-out/468780




‘What a Complete Joke’: Applebee’s Fans Furious After Date Night Pass Sells Out in Less Than a Minute

Applebee’s attempt to spice up date night with a subscription pass may have been too “affordable.”

On Monday, the restaurant opened up sales for a Date Night Pass, a $200 subscription that allows for up to $30 of food and non-alcoholic beverages during 52 visits through January 31, 2025 — if used in full that would be worth $1560 of Applebee’s for the year.

Naturally, news of the offer and demand for the pass soared, and according to the chain, sold out in less than one minute.

Related: A Popular U.S. Eatery Is Offering a Year-Long Pass for Affordable Dining — As Low As $4 Per Visit: ‘Might Be the Greatest Restaurant Deal You’ll Ever See’

“Just prior to sale time there were nearly 100,000 guests waiting to try and snag a Date Night Pass,” Applebee’s told TODAY in a statement. “We apologize to our guests who were disappointed that the limited number of passes sold out so quickly. We’re always looking for ways to make date night special for our guests and look forward to sharing future offers.”

Date Night Pass hopefuls-turned-scorned shoppers took to X to share their woes, with some even comparing the demand to trying to get Taylor Swift’s “The Eras Tour” tickets.

Applebee’s said that customers across 41 states were able to get their hands on the coveted pass but did not specify which states those were or how many passes were sold.

Dine Brands Global, Applebee’s Parent company, was down just shy of 40% year over year as of Wednesday afternoon.

Related: Man Rescues Baby in Runaway Stroller After Job Interview at Applebee’s: Video

https://www.entrepreneur.com/business-news/applebees-date-night-deal-sells-out-in-1-minute-fans-angry/468758