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All posts tagged "Walmart"

Retailers issue 'warning' to Trump that higher prices are coming soon: report

Retailers issue 'warning' to Trump that higher prices are coming soon: report

Retailers are likely to raise prices "in the coming weeks" due to President Donald Trump's tariffs, according to a report in The New York Post.

Business editor and Fox correspondent Charles Gasparino wrote Friday, "The retail industry is alerting President Trump that they can’t 'eat' his tariffs forever – and price increases are likely to hit in the coming weeks."

"Whether this gets translated into higher official inflation numbers is anyone’s guess at this point. But for many items enjoyed by Americans who like cheap goods brought in from abroad – a majority of them from China – these things will soon be getting a lot less cheap."...

Inside the Democratic National Convention corporate interest moneyfest

Inside the Democratic National Convention corporate interest moneyfest

CHICAGO — In ballrooms, barrooms and backrooms this week, the business of big business is getting done with Democrats out of public view.

Yes, Bernie Sanders on Tuesday railed before Democratic National Convention delegates about how “millionaires and billionaires” should “not be able to buy elections.” And sure, curtailing “the corrupting influence of money in politics” is a plank in the 2024 Democratic Party platform.

But most Democrats in Chicago are ignoring the socialist senator and stepping over and around that party plank while pursuing cash that corporations and moneyed special interests are all too keen to contribute....

Sen. J.D. Vance finally dumps stock in 'slave labor' company

Sen. J.D. Vance finally dumps stock in 'slave labor' company

Freshman U.S. Sen. J.D. Vance (R-OH) has sold up to $100,000 in stock he owned in Walmart — a full two years after he bashed the company for using “slave labor” and robbing middle-class Americans of jobs.

Vance made a “full" sale of Walmart on Oct. 3, according to a document filed Monday with the U.S. Senate.

Vance, a venture capitalist and author of the bestselling book, “Hillbilly Elegy,” has owned between $50,001 and $100,000 in Walmart stock since at least November 2021, which is when he filed his first candidate report with the U.S. Senate, according to a Raw Story analysis of federal financial disclosures....

Walmart just illustrated how mainstream electric vehicles are now

Walmart just illustrated how mainstream electric vehicles are now

This story was originally published by Grist. You can subscribe to its weekly newsletter here.

In the latest sign that corporate behemoths are getting behind the shift to electric vehicles, Walmart announced on Thursday that it would install fast-charging stations at thousands of locations around the country. The rollout would quadruple the company’s network of charging stations, currently available at more than 280 Walmart and Sam’s Club stores.

Walmart’s move could help allay a common concern about buying an electric car — range anxiety, the fear of getting stranded with a dead battery and no chargers in sight. ...