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. 

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