Calls to boycott McDonald's, other brands in wake of Russia's invasion of Ukraine
Major global brands, including McDonald's Corp, PepsiCo Inc. and the Estee Lauder Cos Inc. should consider pausing their operations in Russia, New York state's pension fund chief wrote in letters to several companies on Friday.
Companies grapple with post-pandemic inventories dilemma
Companies are wrestling with how big their inventories should be, since the pandemic highlighted the dangers of having both too much and too little stored away.
Coke to pay $5.6 billion for full control of BodyArmor
Coca-Cola Co. is buying full control of BodyArmor for $5.6 billion in a deal that values the sports drink brand at about $8 billion, according to people familiar with the matter, amping up a rivalry with Gatorade.
Mountain Dew goes hard as PepsiCo, Boston Beer partner on a boozy version
Boston Beer, the company behind the Samuel Adams beer and Angry Orchard hard cider, will make the alcoholic Mountain Dew rendition, while PepsiCo has set up a new entity to sell the product, the companies said. They expect it to be on shelves in early 2022.
Pepsi to sell Tropicana, Naked and other juice brands
Pepsi is selling its juice portfolio to private equity to beef up its focus on healthier snacks and drinks.
PepsiCo bets on higher soda sales as restaurants reopen
PepsiCo Inc said on Thursday it expects organic revenue growth to pick up pace in the second quarter, betting on higher soda sales from restaurants that are gradually reopening following the speedy rollout of coronavirus vaccines.
JPMorgan, Goldman Sachs, Delta earnings and Coinbase IPO top week ahead
Delta, JPMorgan and Goldman Sachs lead earnings reports in the week ahead, while investors will get a taste of Coinbase’s IPO, the first crypto company to go public.
Busy LeBron James racks up another big business deal
LeBron James racked up another endorsement deal Wednesday -- a day after he joined the Boston Red Sox’s ownership group and recorded his 99th career triple-double in a Los Angeles Lakers victory.
PepsiCo expects revenue to grow in 2021 as vaccines take effect
The snack and beverage giant also topped Wall Street estimates for fourth-quarter revenue as the second round of lockdowns spurred demand for its products.
PepsiCo rebrands Aunt Jemima as Pearl Milling Company, coming June 2021
Aunt Jemima will soon become a relic of the past.
PepsiCo, Beyond Meat partner to develop plant-based snacks, drinks
The new partnership will leverage Beyond Meat’s development team and PepsiCo’s distribution and marketing channels, the companies said.
PepsiCo aims for net-zero greenhouse gas emissions by 2040
The food-and-beverage giant generated about 57 million metric tons of greenhouse gas emissions globally in 2019
Pepsi to cut Super Bowl commercials to make Halftime Show a bigger focus
Pepsi Co. has decided to cut back on its Super Bowl commercials in order to focus more attention on its iconic Halftime Show.
Staple food brands are preparing for the next wave of COVID-19: Frito-Lay, Goya Foods
Pantry food brands are gearing up for panic-shopping as coronavirus cases continue to surge and a second round of lockdowns looms.
Notorious B.I.G. releases posthumous freestyle in partnership with Pepsi
Pepsi released a posthumous freestyle from the Notorious B.I.G.
PepsiCo sees strong annual profit as snacks, sodas thrive in pandemic
People spending more time working from home and taking online classes has led to a rise in demand for salty snacks, boosting demand for PepsiCo's Tostitos, Cheetos and Doritos from households across North America.
PepsiCo targets 100% renewable energy by 2030
The company has become the latest company to join the RE100 initiative, a global initiative that works to bring together businesses around the world committed to 100% renewable electricity.
PepsiCo's new DriftWell aimed at aiding relaxation and sleep
While most soft drink companies use caffeine to provide consumers energy, PepsiCo has created a beverage that’s meant to help consumers catch some Zs.
PepsiCo beverage sales slide amid coronavirus lockdowns
PepsiCo reported second-quarter sales slid 3.1 percent from a year ago as consumers stocked up on snacks and bought fewer beverages amid the COVID-19 pandemic.