Cheddar afternoon business report 11/13: Walmart charging more online for some products

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YONKERS -

Top afternoon business and technology headlines for Nov. 13, 2017:
 

  • Wall Street bonuses are bouncing back.  Johnson Associates Inc. says bonuses will climb by about 10 percent this year, according to a business insider. Bank stocks have been rallying since the election on hopes that President Trump will ease regulation on the financial industry and cut taxes for businesses.
  • Buying online could cost you.  Walmart is charging more for some products on its website compared to in its actual store including Kraft macaroni & cheese, Colgate toothbrushes and some pet food.  It's a surprising move because Walmart has been trying to beef up its e-commerce business to better compete with Amazon.
  • Too chilly outside to take out your wallet?  Visa is introducing 'payment-connected gloves' 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.
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