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Tag: Price Fixing

Is This The Real Reason Bitcoin Suddenly Soared? | Forbes

Is This The Real Reason Bitcoin Suddenly Soared? | Forbes

Bitcoin suddenly soared this week, with the bitcoin price rising more than 20% in the last seven days and jumping over $500 per bitcoin in a matter of minutes last night, only to fall back again. The abrupt bitcoin price rally was largely put down to the escalating U.S. China trade war that’s being stoked […]

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 […]

Justice Department launches antitrust probe of Big Tech | WYMT

Justice Department launches antitrust probe of Big Tech | WYMT

WASHINGTON (AP) – The U.S. Department of Justice opened a sweeping antitrust investigation of major technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers. A growing number of lawmakers have called for stricter regulation or even breaking up of the big tech companies, which have come under intense […]

Travel Industry Leverages AI in Most Entrancing Ways for Advanced Customer Experience | Analytics Insight

Travel Industry Leverages AI in Most Entrancing Ways for Advanced Customer Experience | Analytics Insight

The adoption of new-age technologies such as Big Data, Analytics, AI, Machine Learning and others, has accelerated the growth of travel sales at digital plethora in the past few years. Out of all the technologies, big data and machine learning play a significantly important role in driving success to the business. Reportedly, in 2016 alone, […]

Bitcoin, The Dollar And Facebook’s Cryptocurrency: Price Volatility Versus Systemic Volatility | Forbes

Bitcoin, The Dollar And Facebook’s Cryptocurrency: Price Volatility Versus Systemic Volatility | Forbes

Bitcoin’s price swung wildly this week, causing many to conclude bitcoin is unstable. But this conclusion misses a key nuance: Bitcoin was designed for systemic stability, not for price stability. Indeed, as a system Bitcoin is highly stable even though its price may not be. Bitcoin is the opposite of fiat currencies, which generally exhibit […]

Bitcoin Hits Year-To-Date Highs As Litecoin Soars–Here’s Why | Forbes

Bitcoin Hits Year-To-Date Highs As Litecoin Soars–Here’s Why | Forbes

Bitcoin, which has been rallying hard over recent months, has hit a fresh year-to-date high, breaking the psychological $9,000 level for the second time this year and leaving investors eyeing the $10,000 mark. The bitcoin price reached highs of $9,387 per bitcoin on the Luxembourg-based Bitstamp exchange before falling back slightly, up almost 7% over […]

Bitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation | CoinDesk

Bitcoin and Gold Prices Diverge Again, Extending 5-Month Correlation | CoinDesk

Bitcoin is again feeling the pull of gravity amid a rally in gold – a classic safe haven asset. The premiere cryptocurrency topped out at highs near $9,100 on May 30 to hit a 2.5-week low of $7,432 on June 4. The pullback was expected as technical charts were reporting bullish exhaustion. After all, the […]

Regional airlines cleared of price gouging by Senate committee | Adelaide Now

Regional airlines cleared of price gouging by Senate committee | Adelaide Now

Regional airlines have been cleared of price gouging by a Senate committee following an extensive probe into the cost of airfares. An 18-month investigation by the Rural and Regional Affairs and Transport References Committee found consistent concerns from operators and customers about the high cost of flying across the country. But the Senate committee found […]

Benefits Of Artificial Intelligence Pricing Solutions | net life set

Benefits Of Artificial Intelligence Pricing Solutions | net life set

The key objectives of any business are reduction of expenses and maximization of profits. Having many employees implies that the business will be paying a huge amount of money as wages and salaries at the end of every month. Nonetheless, with the advancement in technology, systems have been created that can help out the business […]