PepsiCo beats NY AG Letitia James’ ‘predatory’ lawsuit over plastics pollution
A New York state judge dismissed a lawsuit against PepsiCo over the company’s alleged plastics pollution brought by New York Attorney General Letitia James.
PepsiCo adding more chips to bags following 'shrinkflation' complaints
PepsiCo said in its latest earnings call it is adding more product to some chip products including Tostidos and Doritos in an effort to provide more value for customers.
PepsiCo lowers annual revenue forecast, softer demand and geopolitical tensions weigh
In the third quarter, PepsiCo generated $23.32 billion in net revenue, a 0.6% decline from the same period a year ago and below Wall Street estimates of $23.76 billion.
Former PepsiCo executive files lawsuit over Flamin' Hot Cheetos origin story
A former PepsiCo executive has filed a lawsuit in California against PepsiCo, ordering the company to stop "claiming" that he is not the inventor of the Flamin' Hot Cheetos flavor.
PepsiCo honors military heroes with coast-to-coast relay, ‘Rolling Remembrance,’ ahead of Memorial Day
Headquartered in Purchase, New York, PepsiCo is honoring America's military and veterans through a "Rolling Remembrance" initiative that has carried the American flag cross-country.
Subway to replace Coca-Cola products with Pepsi starting next year
The drinks options will look a little different for Subway customers in the U.S next year once Subway switches over to Pepsi products, the company said Tuesday.
Quaker Oats expands recall of certain products over salmonella risk
The Quaker Oats Company has expanded a product recall for certain varieties of its popular granola bars and cereals due to possible salmonella contamination.
New York sues PepsiCo for generating significant share of plastic pollution in state
New York State Attorney General Letitia James has sued PepsiCo, demanding that it help clean plastic pollution along the Buffalo River and put warnings on its plastic packaging.
Disney names veteran PepsiCo exec new CFO
Walt Disney announced Monday it is bringing on former PepsiCo executive Hugh Johnston as the company’s new senior executive vice president and chief financial officer beginning on Dec. 4.
PepsiCo raises profit outlook on higher prices
PepsiCo raised its annual profit forecast again this year. In addition to its beverage unit, brands in its snack business include Doritos and Cheetos.
PepsiCo hikes prices, consumer demand steady for drinks, snacks
PepsiCo’s first-quarter earnings beat Wall Street expectations after strong consumer demand for soda and snacks, and as the company raised its prices to combat high inflation.
PepsiCo to use over 700 EVs for Frito-Lay deliveries by year's end
Frito-Lay plans on using hundreds of electric vehicles for deliveries by year's end, according to a press release Thursday from parent company PepsiCo.
Pepsi using AI to track consumer demand, speed up product development
PepsiCo has spent the last few years working to incorporate artificial intelligence (AI) into its sales and product development processes, in addition to quality control.
Pepsi unveils new look first refresh in 14 years
The Pepsi logo will get a refresh for the first time in 14 years, the soda brand's parent PepsiCo announced Tuesday. North America will be the first region to get the new logo.
Pepsi, Peeps doing limited-time release of marshmallow soda in stores across country
Pepsi drinkers have another opportunity to try the marshmallow soda the beverage giant created in collaboration with Peeps, the companies announced Tuesday.
Are Super Bowl ad buyers good for shareholders?
U.S. markets usually do not react to the Super Bowl ads, but in 2023, inflation and looming recession have retail traders buying commodities, ETFs and consumer staple stocks like Pepsi, Coca Cola, Walmart and Proctor & Gamble.
Pepsi price hikes drive profits
PepsiCo reported big earnings on Thursday to beat analysts’ predictions after inflation forced price hikes in 2022 and helped increase fourth-quarter profit and revenue.
PepsiCo to lay off hundreds of employees
PepsiCo plans to lay off hundreds of white collar workers as it streamlines marketing and centralizes manufacturing.
PepsiCo to lay off hundreds of workers in headquarters roles
Pepsi is firing corporate employees as inflation and recession tendencies in the economy make doing business more expensive and drives up production costs.
Tesla Semi delivery event scheduled for December 1
The first customer Tesla Semis will be delivered at an event at the automaker's factory in Sparks, Nevada, on December 1, more than five years after it was unveiled.