May 16, 2017

Gasoline and other retailers are using artificial-intelligence software to set optimal prices, testing textbook theories of competition; antitrust officials worry such systems raise prices for consumers “This is not a matter of stealing more money from your customer. It’s about making margin on people who don’t care, and giving away margin to people who do care…” From The Wall Street

From Reuters Investors in China and India increasingly dominate ownership of coal reserves amid campaigns for divestment in many rich nations to limit the risks from climate change, a study showed on Tuesday. The report, by British-based research group InfluenceMap, identified thousands of shareholders in 117 listed companies producing 3 billion tons a year of thermal coal with 150 billion