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Tag: Lawsuit

Tyson posts mixed 3Q gains; price-fixing inquiry disclosed | Arkansas Online

Tyson posts mixed 3Q gains; price-fixing inquiry disclosed | Arkansas Online

Tyson Foods Inc. posted third quarter earnings Monday that rose from last year’s results, but not as high as executives wanted. Tyson’s beef and prepared foods businesses bolstered earnings, while chicken and pork lagged behind for the quarter. The nation’s largest meatpacker reported a net income of $676 million, or $1.84 per share, in the […]

Tyson Foods hits record high after beating estimates, prepares for China profit boost | Reuters

Tyson Foods hits record high after beating estimates, prepares for China profit boost | Reuters

The Justice Department said in June it launched a criminal probe related to price-fixing allegations against Tyson and other poultry processors, which the companies have denied. Slideshow (3 Images) Tyson subsequently received a grand jury subpoena from the Justice Department “seeking additional documents and information related to the chicken industry,” the company said in a […]

Why sale prices may not mean you’re getting good deals | WPXI

Why sale prices may not mean you’re getting good deals | WPXI

Everybody loves a sale. But the problem is, retailers know it and a sale may not always be what it seems. That’s why Channel 11 Morning News anchor Katherine Amenta examined a new study, then hit the stores to show you how to protect your wallet. “Unfortunately I don’t really pay attention to prices when […]

Today in Apple history: Eddy Cue takes the stand to defend iBooks pricing | Cult of Mac

Today in Apple history: Eddy Cue takes the stand to defend iBooks pricing | Cult of Mac

History of the iBooks lawsuit Filed in April 2012, The United States of America v. Apple Inc. antitrust case alleged that Apple conspired with five book publishers to raise and fix the price of e-books. The publishers included Hachette Book Group, HarperCollins, Macmillan Publishers, Penguin and Simon & Schuster. All five settled their claims outside […]

Lannett: Generic Price Gouging Suit Names Names, Might Be The Death Blow – Lannett Company, Inc. (NYSE:LCI) | Seeking Alpha

Lannett: Generic Price Gouging Suit Names Names, Might Be The Death Blow – Lannett Company, Inc. (NYSE:LCI) | Seeking Alpha

Summary The State of Connecticut recently had the court release an unredacted version of their previously filed charges against LCI, MYL and others. The charges filed allege that current LCI employees were colluding with PAR (while the current Chairman of the BOD was in the same role at PAR). The range of potential fines is […]

Uber puts a larger fare if it knows you will pay | Tech Juice

Uber puts a larger fare if it knows you will pay | Tech Juice

The surge pricing on the popular ride-hailing service is not as simple as some people might have thought. According to a new report from Forbes, Uber, the US-based ride-sharing service, charges a larger fare if, through machine learning and artificial intelligence, it gets to know that the users would be willing to pay the increased […]

Uber Expands Ride Pass to 20 More U.S. Cities | Future Car

Uber Expands Ride Pass to 20 More U.S. Cities | Future Car

Consumers that don’t have an automobile and rely on ride-sharing companies like Uber and Lyft to get around can attest to how greatly prices can differ depending on traffic, weather, and surge pricing. Last October, Uber came out with a subscription service that allowed consumers willing to pay $14.99 a month to lock in flat […]

Uber puts its money behind congestion pricing | CSNY

Uber puts its money behind congestion pricing | CSNY

Despite New York City Mayor Bill de Blasio getting on board with Gov. Andrew Cuomo’s congestion pricing proposal for Manhattan’s central business district, the plan to fund the ailing Metropolitan Transportation Authority by enacting a toll for drivers entering Manhattan below 61st Street still faces some pushback from within the state Legislature – particularly from […]

Uber Pays Drivers $20 Million to Settle Contractor Dispute | Reason

Uber Pays Drivers $20 Million to Settle Contractor Dispute | Reason

Uber is out $20 million. The ride-hailing company has agreed to settle a six-year-old lawsuit with drivers who argued they should be classified as employees—not contractors—and therefore deserve benefits and wage protections. Although Uber will hand a decent payout to the 13,600 drivers named in the suit, the company will not change their employment status. […]

Happy Tax Files False Advertising Lanham Act Lawsuit Against H&R Block | AP News

Happy Tax Files False Advertising Lanham Act Lawsuit Against H&R Block | AP News

Since 2015, Happy Tax has utilized and advertised upfront and transparent pricing for its assisted CPA prepared tax preparation services. Happy Tax was the first notable national company to introduce this innovative pricing strategy to an industry that historically provided prices to clients after their tax returns were completed. The alleged false and misleading commercial […]