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A shopper walks with a store associate at a Walmart in Teterboro, N.J. Photo: Julio Cortez / AP

Walmart is experimenting with a new pricing system that is sometimes resulting in higher prices for goods sold online, the Wall Street Journal reports. "It simply costs less to sell some items in stores. Customers can access those store prices online when they choose to pick up the item in store," a Walmart spokesperson told the Journal.

Why it matters: Walmart is walking a tightrope, trying to protect sales at its highly profitable brick-and-mortar locations while expanding its online footprint. While the firm has greatly increased e-commerce sales in recent quarters, it has come at the cost of shrinking profit margins.

Why it's risky: Even as Walmart expands its online business, its growth lags behind Amazon. eMarketer estimates that Amazon will account for 43.5% of U.S. online sales this year, compared with 38.1% last year, while Walmart's share will grow to 3.6%, from 2.8% in 2016.

Go deeper

Updated 7 hours ago - Politics & Policy

U.S. sounds alarm on Ukraine

Conscripts line up at a Russian railway station yesterday before departing for Army service. Photo: Sergei Malgavko/TASS via Getty Images

The Biden administration is "deeply concerned" by new intelligence — detailed for Axios and other outlets — showing Russia stepping up preparations to invade Ukraine as soon as early 2022.

Why it matters: Most of this was known from public sources and satellite imagery, but the administration is sending a stronger signal by releasing specific details from the intelligence community.

CNN fires Chris Cuomo

Photo: Kevin Mazur/Getty Images for CNN

CNN said Saturday evening it has fired one of its star anchors, Chris Cuomo, following new revelations from a legal review made by the company into Cuomo's involvement in the management of his brother's sexual harassment scandal.

Why it matters: Saturday's firing speaks to how much pressure CNN was under by employees and critics to address Cuomo's behavior.

Updated 9 hours ago - Energy & Environment

Electric car prices could go up before they come down

Illustration: Eniola Odetunde/Axios

The secret to affordable electric vehicles is cheaper batteries. But after years of falling prices, battery costs are now headed in the wrong direction.

Why it matters: Costlier batteries could drive up the price of electric vehicles — threatening the auto industry's transition away from fossil fuels, and, in turn, society's fight against climate change.

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