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The Latest Breaking News from PepsiCo

Is Toast Stock Toast After Doing the Right Thing?

On Wednesday, restaurant software provider Toast announced that it was reversing its decision to charge consumers a 99-cent fee on online orders of $10 or more. Its shares dropped more than 15% on the news.

Barchart

Americans increase spending modestly in June as inflation eases and the job market remains strong

Americans increased their spending modestly last month as inflation eased in many areas and the job market remains remarkably strong

The Independent UK

PepsiCo (PEP): Buy or Sell?

Prominent beverage giant PepsiCo (PEP) boasts an impressive 51-year history of consistent dividend payouts. However, is it currently an opportune time for investors to purchase PEP shares? Let's look at its financial metrics to get an idea….

StockNews.com

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Millennial and Gen Z ‘treat culture’ is boosting PepsiCo in a world of inflation: ‘I’m going to treat myself to a Mountain Dew’

PepsiCo beat expectations on revenue and profit in the most recent quarter, in spite of price hikes to keep up with commodity price inflation.

Fortune

United Center lands new drink sponsor for Bulls, Blackhawks games

The United Center, Chicago Bulls, and Chicago Blackhawks are changing soft drink sponsors, with PepsiCo becoming the new face.

USA Today Sports Media Group

Stock Market Today: Markets Rise Ahead of CPI; Activision, Amazon Stocks Outperform

A federal judge said Microsoft can proceed with its purchase of Activision Blizzard, while Amazon.com was added to Wells Fargo's "signature picks" list.

Kiplinger

Aspartame: Artificial sweetener used fizzy drinks may cause cancer, WHO set to declare

The move has been met with a backlash from the food and drink industry

Evening Standard

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Hydrogen-powered trucks primed to roll out in Australia

The first prime-mover powered by hydrogen will hit Australian roads within months after PepsiCo revealed plans to trial the vehicle technology in Queensland.

AAP

New recall of Tesla's Semi truck suggests the company may have produced as little as 36 units in 3 months

While the recall notice is only a partial proxy for production, it's a far cry from the 50,000 originally planned for Tesla's electric truck.

Fortune

Tesla Semi's Second Recall Hints At Very Low Production Numbers

Tesla is recalling 36 Semi trucks for a faulty door closure warning system, but the remedy is an over-the-air (OTA) software update.

InsideEVs

Tony Shalhoub has "more dragons to slay"

The actor talks Flamin' Hot Cheetos, how his dad inspired his "Maisel" character and revisiting his "Monk" role

Salon

Firms admit hiking prices to pad profits

Watchdog leader says "it's clear the corporate profiteering epidemic will persist" despite government efforts

Salon

Humdrum ‘Flamin’ Hot’ puffs up a dubious Cheetos success story

Whether or not the legend of a janitor inventing the spicy snack is true (and it probably isn’t), the film treatment definitely doesn’t satisfy.

Chicago Sun-Times

Walkers commits to one of biggest crisp factories in the world with £58m investment

Investment in Leicester factory will create 100 new jobs and make operations greener

Birmingham Post

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Creative Bloq

Why are so many soft drinks rebranding?

We take a look at the latest rebrands in the world of FMCG.

Kiplinger

Can Stocks Picked by AI Beat the Market? Three Stocks to Watch

An AI stock-picking platform identifying high-potential equities has been sharp in the past. Here are three of its top stocks to watch in the next few months.

Creative Bloq

I'm in love with Mirinda's new colour scheme

But the rest of the identity is underwhelming.

Fortune

Her mother's drunk driving death inspired this CEO to lead a liquor giant

The PepsiCo alum has long pushed for indulgences, in moderation.

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news in one place.

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Fortune

Why PepsiCo continues to hire 2,000 new grads each year

PepsiCo hires 2,000 U.S. graduates every year, says its CHRO.

Fortune

Why Pernod Ricard's U.S. CEO has no qualms about promoting alcohol consumption

Pernod Ricard's North America CEO has no qualms about selling booze if there's also a message to be responsible.

StockNews.com

The Rise of ESG: 3 Stocks Leading the Environmental, Social, and Governance Movement

Rising environmental and social awareness among individuals is anticipated to keep the stocks of companies exhibiting strong Environmental, Social, and Governance (ESG) efforts on a positive growth trajectory. Against this backdrop, investors willing to opt for ESG-focused investing could load up quality stocks PepsiCo (PEP), Salesforce (CRM), and Cisco Systems…

InsideEVs

First Tesla Semi Independent Performance Data Coming In September

A Frito-Lay North America division executive said the Tesla Semi would operate with a maximum payload and travel up to 500 miles round trip during the event.

Reuters

Sudan conflict threatens supply of key soft drink ingredient

Sudan's eruption into conflict has left international consumer goods makers racing to shore up supplies of gum arabic, one of the country's most sought-after products and a key ingredient in everything from fizzy drinks to candy and cosmetics.

Evening Standard

Reckitt Benckiser appoints company insider Kris Licht as new CEO

The US-based executive will move to the UK and take up the £1.1 million top job at the end of the year

Birmingham Post

Salt and vinegar packs not the only green thing at Walkers Crisps with launch of new electric lorries

Freight tech company Einride is running the shuttles between Coventry and Walkers’ home city of Leicester

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