ORGANIZATION

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.

Disney to slash 7,000 jobs

Disney announced Wednesday it will lay off some 7,000 workers as part of a restructuring plan aimed at saving the company billions of dollars, becoming the latest company to cut jobs.

What are Nelson Peltz's plans for Disney?

FOX Business senior correspondent Charlie Gasparino reports activist investor Nelson Peltz may make a statement addressing his concerns after Disney's earnings release on 'The Claman Countdown.'

Microsoft-Activision deal hits new stumbling block

Microsoft’s acquisition of Activision Blizzard ran into a potential hiccup Wednesday as the U.K.’s Competition and Markets Authority (CMA) unveiled “provisional findings” flagging competition-related concerns.