Big Business
Associated Press/Photo by Jacquelyn Martin

NRA brushes off business shunnings

by Evan Wilt
Posted 2/26/18, 12:38 pm

WASHINGTON—The National Rifle Association (NRA) downplayed the effect of more than a dozen corporations ending special deals with group members since the Feb. 14 school shooting in Parkland, Fla. “Some corporations have decided to punish NRA membership in a shameful display of political and civic cowardice,” the NRA wrote in a statement.

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Associated Press/Photo by Matt Rourke

Rite Aid purchase part of Albertsons’ prescription for growth

by Leigh Jones
Posted 2/20/18, 11:42 am

Supermarket giant Albertsons announced plans Tuesday to buy pharmacy chain Rite Aid, a deal that will position both companies better to compete with retailing giants Amazon and Walmart. Directors from both companies have approved the deal, but federal regulators must still weigh in.

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Associated Press/Photo by Elise Amendola (file)

Citing tax cuts, Walmart raises wages

by Evan Wilt
Posted 1/11/18, 11:14 am

Walmart announced Thursday it would raise employee wages and give them bonuses this year, citing the Republican tax overhaul package as the reason. Starting next month, Walmart plans to increase the starting hourly wage from $9 to $11. The retailer also announced it would dole out one-time cash bonuses of up to $1,000 based on years worked at the company. All told, Walmart plans to give out $400 million this year in employee bonuses.

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