FOOD

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.

McDonald's sees inflation sticking around

Although McDonald’s beat Wall Street predictions for fourth quarter earnings, the company CEO Chris Kempczinski is warning inflation will remain in 2023.

Bed Bath & Beyond can't pay creditors, bankruptcy looms

Bed Bath & Beyond has filed with the SEC stating they do not have available resources to pay outstanding debt and will consider a variety of strategic alternatives including further cost reductions and bankruptcy.