Robert Reich on Nostr: Walmart profits jumped to $15 billion in 2023. Did it substantially increase wages or ...
Walmart profits jumped to $15 billion in 2023.
Did it substantially increase wages or lower prices? No.
It spent $9B on dividends and buybacks — with most of the benefits going to the children of Walmart's founder, who together own 46% of the company's stock.
Textbook greed.
Published at
2024-08-13 21:51:02Event JSON
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