Peter Land News
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An anti-soda group has asked singer Beyonce to ditch an endorsement deal with PepsiCo Inc., saying its products contribute to obesity.
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Naked men are much more interesting than naked women. That might sound subjective and it is, partly. Yet I have some good arguments to back it up.
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PepsiCo Inc. may cut jobs to boost earnings, a person familiar with the plans said.
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Last month, Hawaii lawmakers killed a proposed tax that would have added 17 cents to a single-serve bottle of soda. It was the second failed attempt, even though Governor Neil Abercrombie had pushed the proposed levy.
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Activist shareholder Ralph Whitworth has built a stake worth about $610 million in PepsiCo Inc. and held meetings with the soft-drink maker’s executives.
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CME Group Inc. plans to allow swaps traders to keep collateral with a third party, offering stronger protections than U.S. regulators required after MF Global Holdings Ltd. failed to safeguard $1.6 billion in customer cash.
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PepsiCo Inc., set to announce a turnaround plan next week, is trying to recruit former Wal-Mart Stores Inc. executive Brian Cornell for a key job with the soda and snacks company, according to two people familiar with the discussions.
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President Barack Obama and his advisers, casting a wide net for potential candidates to lead the World Bank, considered in initial discussions Microsoft Corp. Chairman Bill Gates, PepsiCo Inc. Chairman and Chief Executive Officer Indra Nooyi, and Brown University President Ruth Simmons, according to a person familiar with the White House search.
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Billionaire Nelson Peltz, the activist investor who has pushed for change at major food companies, reported that his hedge fund purchased a $146 million stake in PepsiCo Inc.
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Coca-Cola Co. said it isn’t in discussions to buy Monster Beverage Corp. after the Wall Street Journal reported the companies were in talks. Monster fell after posting the biggest intraday gain in almost eight years.
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