Page 12 - Price Changes News Today

-- captions by vitac -- www.vitac.com good morning. good morning. >> good morning to you, alina. >> its monday, october 24th. >> theres definitely something wrong with my seat. see this? >> yes, there is. >> right. >> christina and carol are off this morning. welcome to "american morning." his is a very strange seating situation but we have a lot of news to cover. we will fix that momentarily. a mounting situation in eastern tuck u turkey. a devastating 7.2 magnitude earthquake, wors...

standing ovation. the general assembly overwhelmingly accepted to vote for the credentials of the countrys new leadership which promises to form a new government in ten days. those are the headlines. im zain verjee, and "world business today" starts now. good morning from cnn london, im nina des santos. >> this is "world business today." these are your top stories on wednesday, september 21st. a disastrous day for insurers, earthquakes and extreme weather send lloyds of london deeply...

to be the first cherished moments together. a newlyweds holiday was turned into horror off of coast of the seychelles island. im zain vergee, "world business today" starts now. good morning from cnn london, im nina dos santos. >> and a very good afternoon from the cnn hong kong, im andrew stevens. youre watching "world business today," the top stories this thursday, august 18. fosters knocks back a second big bid from sabmiller. is there any more growth to be squeezed from the auss...

awaken to elton john, first singing and then delivering a message of personal thanks. rupert murdoch built a media empire on the power of selling a scandal but now its his mighty news corporation that is under siege from london to washington. a prominent u.s. senator jay rockefeller wants to know if u.s. citizens fell victim to sleazy or illegal news gathering so he is calling for an investigation amid reports that victims of the 9/11 attacks are among the nearly 4,000 people who had...

Food supply prices is the paper trail. the receipts listing changes come in willy-nilly on scraps of paper, left behind by the deliveryman. no digital records at all. >> you get paper. every day. from vendors. but theres so much paper that it sort of becomes pointless. because i couldnt really find anything. you know. they might as well have just thrown it out. to be honest. >> reporter: in fact, thats exactly what lindsay does. she just throws them all out. but not before shes carefully scanned...

Down. >> they are buying shots they wait until the prices change and then capitalize on the cheaper items. so for them its a game, sort of a way to influence the happy hour so to speak. >> but there is more to this game than meets the eye. >> more than a game. definitely more that be a game. on the surface but behind the scenes there is a lot of influence that goes on. >> in fact, data analysts like tyler dont even call it a game. they call it gamification, because it uses numbers. >> its an exa...

Determined by algorithms tied in to the bars point of sale system. >> a point of sale system is a data collection system. what is changing is the ability to open up the black box of that data and combine it with other data sets that you might have. >> with realtime sales data driving price changes, the game often leaves customers to choose the bargain drinks, whose prices may drop but whose profit margins remain high. >> it will drop the price of say a tequila shot. and they make a high profit m...