PepsiCo has always been in direct competition with Coca-Cola Co., but now it seems that the company's main problem is higher costs for materials. A restructuring plan was announced Thursday that includes cutting 8,700 jobs internationally.
PepsiCo Inc Chief Executive Indra Nooyi laid out a plan to turn around the company's North American soft drink business that includes ramping up advertising, cutting thousands of jobs and a bigger-than-expected decline in near-term earnings.
The battle for the control of the living room has begun. The Wall Street Journal is reporting that Google is building a home-entertainment system that streams music wirelessly through the home. The announcement from Google comes as rumors about Apple's television set, dubbed iTV, have started to surface.
In the two days since a California court declared Proposition 8 unconstitutional, the Republican response has been swift and utterly predictable. But the most ridiculous response came from Rick Santorum, who claimed that opponents of same-sex marriage were the real victims of intolerance.
Stocks edged higher on Thursday after Greece reached a deal to secure a financial bailout, but investors took a wait-and-see attitude in a market that has become extended after weeks of gains.
PepsiCo Inc. (NYSE:PEP), the world's largest snack-food maker plans to cut 8,700 jobs in a restructuring effort to offset high commodity costs and boost investment in advertising and marketing in North America.
Move over, Mad Men and Kim Kardashian. There's a new darling in U.S. pop culture, with a much posher accent and even fancier clothes.
AOL Inc, which has been investing heavily in content to make up for declining revenue from dial-up Internet access, has hired an executive for the newly created position of chief content officer at its struggling Patch hyperlocal news network.
Yahoo Inc Chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China's Alibaba Group and Yahoo Japan.
The rising popularity of Walt Disney's theme parks and earnings from its television channels has resulted in 12 percent increase in the company's first-quarter net income compared with a year earlier.
Before he emerged in a controversial Super Bowl ad as the gravelly voice of Chrysler's resurgence, Clint Eastwood was a critic of the government bailout that saved the U.S. automaker.
Yahoo, No. 2 in search, shook up its board of directors a month after recruiting new CEO Scott Thompson from eBay’s PayPal unit.
Clint Eastwood is setting the record straight about his improbably controversial Chrysler ad that aired on Sunday's Super Bowl.
The Sacramento, Calif.-based company reported net income of $42 million, or 49 cents a share, up about 184 percent from $14.8 million, or 17 cents a share, in the year earlier period. The company reported operating income of $90.3 million, up 6.4 percent compared to $84.9 million in the year earlier period.
Clint Eastwood is setting the record straight about his improbably controversial Chrysler ad that aired on Sunday's Super Bowl.
Big Pun was the first Latino rapper to make a platinum album. Known for his proficiency as a rapper, his rapid and steady flow, his heavy use of alliteration, and his complex internal and multi-syllabic rhyme schemes, the Bronx-born rapper died 12 years ago today at just 28 years old on Feb. 7, 2000. The cause of death was a heart attack brought on by his life long struggle with obesity.
McDonald's has apologized, as well as pulled an advertisement that has animal lovers up in arms. The fast-food chain had a radio ad that said eating their Chicken McBite's was less risky than petting a stray pit bull, shaving your head, naming your son Sue or giving your friends your Facebook password. The radio ad ran in the Kansas City area for a few days until people started 'barking' their complaints.
MSNBC hosted a one-on-one debate on Monday between former New Hampshire Gov. John Sununu, a Mitt Romney supporter, and former U.S. Rep. Bob Walker of Pennsylvania, a Newt Gingrich supporter -- and boy, did it get heated.
Karl Rove said Chrysler's Halftime in America ad was pay back to President Barack Obama for the 2009 auto bailout.
Chanel star designer Karl Lagerfeld is already bored with the French presidential election.
The Caribbean nation of Aruba has offered the New England Patriots free vacations after their loss in Super Bowl 46.
Now that the Super Bowl is over, it’s time to start talking about what’s next on the television radar. Theater geeks and music fans are buzzing over NBC’s latest musical drama, “Smash,” which makes its official debut on network television tonight. But what makes this Broadway-based music series different from its predecessors “Glee” and “High School Musical?”
