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Justice Department announces settlement with nation’s largest landlord over rent pricing algorithm
WASHINGTON, DC – The Justice Department’s Antitrust Division has reached a proposed settlement with Greystar Management Services LLC, the largest residential landlord in the United States, to resolve claims that it participated…
Spadea praises Trump administration for killing congestion pricing ‘gouging’
TRENTON, N.J. — Republican gubernatorial candidate Bill Spadea on Wednesday applauded President Donald Trump and Transportation Secretary Sean Duffy for halting New York’s congestion pricing plan, calling it a victory for New…
New Jersey Governor Murphy expands legal battle against NYC congestion pricing plan
TRENTON, N.J. — New Jersey Governor Phil Murphy announced Monday that the state has filed updated legal claims in its ongoing lawsuit against the Federal Highway Administration (FHWA) over New York City’s…
Days After Asking for Trump Intervention in Congestion Pricing Scheme, Governor Murphy Sues President Over Executive Order
TRENTON, N.J. — Governor Phil Murphy announced a new marketing campaign promoting the New Jersey Re-assigning In-State Employees Program (NJ RISE), which offers grants to encourage New York-based companies to relocate New…
Court blocks MTA’s congestion pricing plan following New Jersey lawsuit
NEWARK, NJ — A federal judge has ruled against the Metropolitan Transportation Authority’s (MTA) congestion pricing proposal, delaying its implementation after determining that the Federal Highway Administration (FHWA) acted improperly in approving…
Walmart to Pay $1.64 Million for Unit Pricing Violations in New Jersey
Trenton, NJ — Attorney General Matthew J. Platkin and the Division of Consumer Affairs announced today that Walmart will pay $1.64 million to settle allegations of unlawful unit pricing practices at its…
Australia regulator scrutinises pension funds over unlisted asset pricing
By Lewis Jackson SYDNEY (Reuters) – Australia’s prudential regulator said on Wednesday it will review how sections of the A$2.5 trillion ($1.7 trillion) pension fund sector value unlisted assets and that it…
Nucor’s fourth-quarter sales, profit decline on lower pricing, volumes
(Reuters) – Steelmaker Nucor Corp posted a decline in its fourth-quarter profit on Monday, hurt by lower pricing of its products and sales volumes across all its segments. The Charlotte, North Carolina-based…
Australia launches competition, pricing review into supermarket sector
By Lewis Jackson SYDNEY (Reuters) – Australia on Thursday launched a wide-ranging review into pricing and competition in its supermarket sector as the government unveils a series of policies to improve household…
Phil Murphy Conflict of Interest Mars New York’s Congestion Pricing War with New Jersey
NEW YORK, NY – New York Senate Judiciary Chairperson Brad Hoylman-Sigal has requested U.S. District Judge Brian Martinotti to recuse himself from overseeing New York’s congestion pricing plan due to potential conflicts…
Retailer group files official complaint to EU about French pricing law
LONDON (Reuters) – Retail industry association EuroCommerce has lodged a formal complaint with the European Commission over a French law that limits supermarkets’ ability to discount certain consumer products in France. EuroCommerce…
Ryanair’s O’Leary dismisses Italy’s pricing investigation as a ‘joke’
LISBON (Reuters) -Ryanair CEO Michael O’Leary brushed off an investigation by Italy’s antistrust agency into the pricing of the low-cost carrier’s flights as a “joke” on Tuesday, blaming Italy’s populist leadership. “It’s…
Monster Beverage edges past profit expectations on higher pricing, cooling costs
(Reuters) – Monster Beverage Corp beat estimates for third-quarter profit on Thursday, helped by higher pricing for its energy drinks and hard seltzers, sending the company’s shares up about 3% in extended…
Alibaba banks on aggressive Singles Day pricing to recoup sales mojo
By Casey Hall and Sophie Yu SHANGHAI (Reuters) – China’s Alibaba is pressuring merchants to offer rock-bottom prices on its marketplaces in this year’s Singles Day extravaganza, three industry sources said, as…
Kokusai Electric trims indicative IPO pricing about 3%
By Sam Nussey, Makiko Yamazaki and Miho Uranaka TOKYO (Reuters) -Japanese chip equipment maker Kokusai Electric on Tuesday trimmed the indicative pricing for its $730 million initial public offering by about 3%,…
Analysis-Promise of calmer markets as US oil wrests pricing power from Brent
By Alex Lawler LONDON (Reuters) – Increased exports of oil from the United States into Europe and Asia mean U.S. crude has snatched back its primacy in setting international pricing after North…
Pricing in focus as Zara owner Inditex seeks to maintain its edge over rivals
By Helen Reid and Corina Pons LONDON/MADRID (Reuters) – Zara owner Inditex, which was among the first fashion retailers to raise prices in response to surging inflation, is in a strong financial…
Colgate-Palmolive bumps up annual sales, profit forecasts on strong pricing
(Reuters) – Colgate-Palmolive raised annual organic sales and profit forecasts on Friday, banking on price hikes and resilient demand for its self-care and pet nutrition products. The company, like several other consumer…
US Senate panel passes AM radio, ticket fee pricing bills
By David Shepardson and Diane Bartz WASHINGTON (Reuters) – The U.S. Senate Commerce Committee approved legislation on Thursday to bar automakers from eliminating AM broadcast radio in new vehicles and require companies…
Pirelli turns more cautious on revenues, but pricing power stays strong
MILAN (Reuters) -Tyremaker Pirelli nudged down its estimates for full year sales on Thursday to reflect forecasts for a weaker market, despite improving results in the second quarter which were supported by…
Textron beats profit estimates on higher pricing of business jets
(Reuters) – Textron Inc raised its full-year adjusted earnings per share forecast on Thursday, as stronger pricing of business jets and military helicopters continues to offset inflationary costs and drive revenue growth…
New Jersey Declares War on New York City Over Congestion Pricing
New Jersey is already one of the most expensive states to live in, but New York City officials are making life in the Garden State even more expensive for many. The city…
US SEC removes ‘swing pricing’ from money market fund overhaul plan -Bloomberg News
(Reuters) – Money market funds are set for a reprieve on “swing pricing” when Wall Street’s top regulator votes on Wednesday to help control systemic risk in the money market and large…
China’s auto group retracts pledge to avoid ‘abnormal pricing’
SHANGHAI (Reuters) – The China Association of Auto Manufacturers (CAAM), citing antitrust law, on Saturday retracted a pledge to avoid “abnormal pricing” made two days earlier by 16 automakers, including Tesla.. Thursday’s…
US FCC proposes to force cable TV operators to disclose full pricing
By David Shepardson WASHINGTON (Reuters) – The U.S. Federal Communications Commission (FCC) on Tuesday proposed a rule that would require cable TV and broadcast satellite operators to disclose to consumers the full…
BOJ’s Ueda flags shift in corporate pricing, upward inflation bias
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the country’s corporate price-setting behaviour was showing changes that could work to push up inflation more than expected, suggesting the…
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