PepsiCo Inc is considering cutting about 4,000 jobs and reducing pension contributions in order to boost its earnings, the New York Post said, citing sources close to the situation.
PepsiCo's reported plans to lay off about 4,000 employees, if confirmed, would be only the latest in a round of mass layoffs large American manufacturers have announced or put into effect just 5 days into the new year.
Pepsi employs about 300,000 workers around the world, including 2,000 in Purchase, New York at company headquarters. The job cuts will involve some employs working in Purchase, according to The New York Post.
In a disturbing example of corporate defense strategy, Pepsi's lawyers are denying that plaintiff Roland Ball discovered a dead mouse in his can of Mountain Dew... by claiming that the noxious chemicals in the soda would have erased any trace of it.
With the proliferation of cheap and fast video streaming, passionate fans, and eager corporate sponsors, electronic sports may be poised to become a standard ingredient in the global entertainment mix -- although the budding industry still faces a few challenges.
Coca-Cola Co (KO.N) is buying a stake in Saudi Arabia-based beverage company Aujan Industries for $980 million in what is seen as a bid to catch up with rival PepsiCo Inc (PEP.N) in the Middle East.
Twitter announced Thursday plans to introduce brand pages, similar to Facebook.
Canada's canola oil exports to India are expected to double in the next 4-5 years as the country's burgeoning middle class opts for healthier edible oil options, said an executive of the Canola Council of Canada.
If you can tolerate moderate-risk, Pepsi is a stock that offers that rare opportunity for a decent dividend with capital appreciation, according to one stock reviewer.
For 70 raw, revealing minutes -- a year before his comeback at Apple -- Steve Jobs was captured on tape ... wry, emotional and bitter.
Coke has enjoyed double-digit growth in India in 15 of the last 21 quarters.
PepsiCo Inc. has agreed to sell its interest in 24 soft-drink bottlers in China to the Hong Kong-listed Tingyi Holding Corp.
Soft-drink and soda companies are targeting children and teens in the United States more than ever with marketing and advertisements across various platforms, according to a study released Monday.
Before Indra Nooyi became CEO of PepsiCo Inc. or Vikram Pandit took the reins at Citigroup Inc., there was Rajat Gupta, the original global Indian who was the first to head a major Western business.
A new study has attacked fizzy drinks as being inappropriate for teenagers. According to the study, teens who are addicted to carbonated soft drinks are more likely to be aggressive, say researchers at the University of Vermont. The research stated that teenagers consuming more than five cans of non-diet, fizzy soft drinks per week were significantly more likely to behave aggressively.
From his views on Buddhism, adoption, and the afterlife, to his critiques of Bill Gates and Google, to his infamous mean streak and uncanny ability to seduce with ideas, here are some of the most exciting things to come from Steve Jobs, Walter Isaacson's authorized biography of the late Apple CEO.
U.S. stocks and other global risk assets traded higher on Wednesday on more good news out of Europe.
Investors tiring of the Eurozone's debt crisis dragging the market all over the place are hoping to focus on something else next week -- earnings.
Hootsuite has added functionality to LinkedIn Groups and Company Pages, allowing brands and recruiters to post company updates and job postings through the popular social media dashboard.
Steve Jobs died on Wednesday.He was 56. His death leaves Apple without its charismatic co-founder but his legacy lives on its products and technologies.
Kraft Foods (KFT.N) boss Irene Rosenfeld is the most powerful woman in U.S. business, Fortune magazine said on Thursday, bumping PepsiCo Inc (PEP.N) chief Indra Nooyi into second spot after five years on top.
Kraft Foods boss Irene Rosenfeld is the most powerful woman in U.S. business, Fortune magazine said on Thursday, bumping PepsiCo Inc. chief Indra Nooyi into second spot after five years on top.