“The only thing this President has done during his first year in office is increase taxes on Florida’s working families to pay for tax cuts for the very wealthy while continuing his hateful rhetoric against women, immigrants, and people of color. Tonight’s SOTU indicates more of the same. While Democrats work to create opportunity, an economy, and a country that works for all Americans, Trump and Republicans have made it clear that they’ll continue to reward the wealthy at the expense of hard-working Americans.”
Market Watch: Wal-Mart has announced thousands of layoffs since publicizing bonuses and benefits expansion.
“Wal-Mart WMT, -1.81% confirmed about 1,000 layoffs in California on Monday, including 650 associates in Sam’s Club locations in Los Angeles, Sacramento and Orange County, and 359 at a Wal-Mart location in Sacramento…Last week, the company cut as many as 500 workers in the corporate headquarters in Bentonville, Ark…Wal-Mart would cut about 10,000 jobs as a result of 63 Sam’s Club store closures. About a dozen of the locations will be converted to fulfillment centers, with the first to open in Memphis.”