Cheddar Afternoon Business Report for 11/13: Walmart, Visa

Posted: Updated:
NEW YORK -

Wall Street bonuses are bouncing back.

Johnson Associates Inc. says bonuses will climb by about 10 percent this year, according to Business Insider.

Bank stocks have been rallying since the election on hopes that President Donald Trump will ease regulation on the financial industry and cut taxes for businesses.

Walmart is charging more for some products on its website compared to in its actual store. 

Products like Kraft Macaroni and Cheese, Colgate toothbrushes and some pet food are more on the website.

The move is surprising because Walmart has been trying to beef up its e-commerce business to better compete with Amazon.com.

Also, Visa is introducing 'payment-connected gloves' that will go on sale at the Winter Olympics in South Korea. 

The gloves have a chip that allows wearers to pay with a swipe of the hand.

  • BusinessMore>>

  • Koch network success in Trump era draws Democratic pushback

    Koch network success in Trump era draws Democratic pushback

    Monday, April 23 2018 4:25 AM EDT2018-04-23 08:25:31 GMT
    Monday, April 23 2018 7:19 PM EDT2018-04-23 23:19:43 GMT
    (AP Photo/Phelan M. Ebenhack, File). FILE - In this Aug. 30, 2013, file photo, Americans for Prosperity Foundation Chairman David Koch speaks in Orlando, Fla. A sure sign of policy success for the sprawling conservative network funded by the billionair...(AP Photo/Phelan M. Ebenhack, File). FILE - In this Aug. 30, 2013, file photo, Americans for Prosperity Foundation Chairman David Koch speaks in Orlando, Fla. A sure sign of policy success for the sprawling conservative network funded by the billionair...
    The sprawling conservative network funded by the billionaire Koch brothers is having a very good run with Trump in the White House and Republican control of Congress, prompting pushback from Democrats.
    The sprawling conservative network funded by the billionaire Koch brothers is having a very good run with Trump in the White House and Republican control of Congress, prompting pushback from Democrats.
  • The Latest: Administrative law judge rules on Enbridge

    The Latest: Administrative law judge rules on Enbridge

    Monday, April 23 2018 6:26 PM EDT2018-04-23 22:26:08 GMT
    Monday, April 23 2018 7:16 PM EDT2018-04-23 23:16:58 GMT
    An administrative law judge says Minnesota regulators should approve Enbridge Energy's proposal for replacing its aging Line 3 crude oil pipeline only if it follows the existing route rather than the company's...
    An administrative law judge says Minnesota regulators should approve Enbridge Energy's proposal for replacing its aging Line 3 crude oil pipeline only if it follows the existing route rather than the company's preferred route.
  • Researcher in Facebook data scandal apologizes

    Researcher in Facebook data scandal apologizes

    Monday, April 23 2018 4:25 PM EDT2018-04-23 20:25:58 GMT
    Monday, April 23 2018 7:16 PM EDT2018-04-23 23:16:55 GMT
    (CBS News/60 Minutes via AP). This image made from a video provided by CBS News/60 Minutes shows Cambridge University researcher Aleksandr Kogan during an interview with CBS's "60 Minutes." Kogan, the academic at the center of the Facebook data-misuse ...(CBS News/60 Minutes via AP). This image made from a video provided by CBS News/60 Minutes shows Cambridge University researcher Aleksandr Kogan during an interview with CBS's "60 Minutes." Kogan, the academic at the center of the Facebook data-misuse ...
    A researcher at the center of the Facebook privacy scandal apologized, but added that he didn't think he did anything wrong.
    A researcher at the center of the Facebook privacy scandal apologized, but added that he didn't think he did anything wrong.
sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."