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>>

  • Chinese leader arrives for Africa visit as US interest wanes

    Chinese leader arrives for Africa visit as US interest wanes

    Saturday, July 21 2018 2:45 AM EDT2018-07-21 06:45:50 GMT
    Saturday, July 21 2018 4:47 PM EDT2018-07-21 20:47:34 GMT
    Chinese president arrives for Africa visit as US interest under Trump wanes.
    Chinese president arrives for Africa visit as US interest under Trump wanes.
  • Fiat Chrysler chooses Jeep exec Manley to replace ailing CEO

    Fiat Chrysler chooses Jeep exec Manley to replace ailing CEO

    Saturday, July 21 2018 8:16 AM EDT2018-07-21 12:16:05 GMT
    Saturday, July 21 2018 4:47 PM EDT2018-07-21 20:47:25 GMT
    The boards of Fiat Chrysler, Ferrari and CNH Industrial meet after CEO Sergio Marchionne's surgery.
    The boards of Fiat Chrysler, Ferrari and CNH Industrial meet after CEO Sergio Marchionne's surgery.
  • Cuba approves new leader's Cabinet with old faces in place

    Cuba approves new leader's Cabinet with old faces in place

    Saturday, July 21 2018 2:06 PM EDT2018-07-21 18:06:26 GMT
    Saturday, July 21 2018 4:47 PM EDT2018-07-21 20:47:09 GMT
    Cuban lawmakers approved the Cabinet named by new President Miguel Diaz-Canel, keeping most of the ministers from Raul's Castro government in place, except for in the key post of economic reforms.
    Cuban lawmakers approved the Cabinet named by new President Miguel Diaz-Canel, keeping most of the ministers from Raul's Castro government in place, except for in the key post of economic reforms.
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."