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The Latest Breaking News from Pepsi

PepsiCo Slashes 2024 Revenue View On Slower Snack Sales In America, Tepid International Markets

Previously, the company had anticipated a 4% growth, but it now expects a low-single-digit increase in organic revenue for 2024. However, PepsiCo has maintained its forecast for core constant currency earnings per share, projecting at least an 8% increase.

International Business Times

Viral X thread claims logos are trying to control your mind

But isn't nostalgia just another design trend?

Creative Bloq

98% of FTX creditors will get more money than anticipated

A bankruptcy judge has approved FTX’s reorganization plan, which will give creditors 119% of the amount allowed on their claim.

The Street

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The Great Escape festival no longer sponsored by Barclays, after criticism of Israel links

Website for festival no longer names Barclays as a partner, following activist campaign against its sponsorship earlier this year

The Guardian - UK

PEP vs. SBUX: Which Underperforming Dividend Stock is a Better Value?

While both PepsiCo and Starbucks have been underperforming the broader market this year, which dividend-paying stock is a superior buy from a valuation perspective?

Barchart

Wetherspoon’s boss calls academics’ smaller beer glass proposal ‘slightly daft’

Tim Martin criticises schooner suggestion and urges UK government not to restrict pub licensing hours

The Guardian - UK

Panthers WR Xavier Legette nominated for Pepsi Rookie of the Week

Panthers WR Xavier Legette is up for the latest Pepsi Rookie of the Week honors.

USA Today Sports Media Group

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Inflation may be falling but business’s drive to maximise profits fuelled Australia’s cost-of-living nightmare

A significant reason for the drop in inflation was the federal government’s energy bill relief fund and the rebates in Queensland, WA and Tasmania

The Guardian - AU

PepsiCo North America CEO makes a color-coded pie chart of his waking hours to help him lead $27bn beverage division

Ram Krishnan, PepsiCo CEO of North America, relies on a colorful approach to time management to navigate his responsibilities leading Pepsi, Mountain Dew and Gatorade.

Fortune

‘Go woke, go broke’ not true for brands, says global advertising study

Research shows ad campaigns that are more inclusive have a positive impact on profits, sales and brand worth

The Guardian - UK

Riled Texas University Students 'Devastated' Over Switch From Coke To Pepsi Products

University of Texas at Austin students got a surprise when they returned to campus this semester — Pepsi had replaced Coca-Cola products in the dining halls.

International Business Times

WATCH: Justin Jefferson among NFL Stars in new Pepsi commercial for NFL kickoff

The NFL and several of its players, including Vikings wide receiver Justin Jefferson, were in the commercial, which had a Gladiator theme.

USA Today Sports Media Group

“Are you not entertained?”: Megan Thee Stallion and Queen combine for a new version of We Will Rock You

It features in a new Gladiator-themed Pepsi ad that pays homage to Britney Spears, Beyoncé and Pink’s Roman epic from 2004

MusicRadar

Discontinued Pepsi rival to top Coca-Cola soda brand coming back

The brand has had multiple lives and now it's returning to store shelves to take on a Coca-Cola classic.

The Street

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Reason

Don't Blame Coca-Cola and Pepsi for America's Israel Policy

American firms are not responsible for how the taxes they pay are spent.

Barchart

Is PepsiCo Stock Underperforming the S&P 500?

PepsiCo has recently underperformed the S&P 500, but Wall Street analysts are moderately optimistic about the stock’s prospects.

Louder

“Grunge? I don’t know too many things where people are praised for having less skill”: The blazing story of Shrapnel Records, the 80s label that gave shred to the world

How guitar shredders Yngwie Malmsteen, Racer X, Cacophony and Richie Kotzen turned Shrapnel Records into the fastest label of the 80s

Creative Bloq

This iconic retro Pepsi ad hilariously trolled Cola-Cola

It still feels savage today.

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Creative Bloq

The best rebrands of the '70s, from Sega to Apple and Kodak

Our experts pick the best rebrands of the 1970s, and explain why they worked so well.

Barchart

Protect Your Portfolio From Market Volatility With These 5 Low-Beta Dividend Stocks

These low-volatility, dividend-paying stocks can provide investors with stability.

The Street

Chapter 11 bankruptcy won't save global coffee brand

This historic coffee brand survived multiple World Wars, but not the Covid pandemic.

Broadcasting & Cable

How Cutting Ad Spending Helped Pepsi Lose Fizz in Soft Drink Market

Dr Pepper moved up to No. 2 by spending more of its budget on TV, MediaRadar says

The Guardian - UK

Dirty Pop: The Boy Band Scam review – the shocking, surreal swindle behind ‘NSync

The Justin Timberlake-fronted boyband and the Backstreet Boys may have conquered the world, but their manager’s huge fraud devastated lives. This is the staggering tale

The Guardian - US

Secret Service decries rightwing blame on female agents over Trump shooting

Secret Service official says it is an ‘insult’ to imply women unqualified to be agents based on gender

International Business Times

US Right Takes Aim At Women Secret Service Agents Who Protected Trump

As questions swirl over how a would-be assassin managed to get anywhere near Donald Trump, some conservatives are blaming the Secret Service for hiring the women agents who threw themselves into the line of fire to protect the former president.

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