PEPSICO

IBTimes Logo

PepsiCo's Plan Leaves Some Investors Thirsting for More

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.

Wall Street Ticks Higher on Greek Deal

IBTimes Logo
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.
Bottles of Pepsi

PepsiCo to Cut 8,700 Jobs; Q4 Profit Rises

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.
More news
A man stands next to a Pepsi advertisement while using an umbrella in the rain, in Rawalpindi

Pepsi Reported Weighing Job and Pension Cuts

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 CEO Indra Nooyi

PepsiCo Layoff Rumblings Confirm Trend for Mass Firings

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

Pepsi May Cut 4,000 Jobs: Report

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.
IPL3

2011: The Year of Esports

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.
Bottles of Coca-Cola, which will be delivered to stores, are seen in a warehouse at the Swire Coca-Cola facility in Draper, Utah

Coca-Cola buying stake in Saudi drink company

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.
Fizzy Colas Blamed For Aggressive Teenager Behaviour

Fizzy Colas Blamed for Aggressive Teenage Behavior: Study

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.
Steve Jobs

Steve Jobs Biography : 10 Things You Didn't Know About the Apple CEO

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.
Apple CEO Steve Jobs

Steve Jobs Dead at 56, Legacy Lives On

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.
IBTimes Logo

Kraft Boss Bumps Pepsi Chief as Top US Woman Exec

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.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.