New York City mayor Michael Bloomberg's proposal to ban sales of large soda drinks drew swift criticism from beverage makers and retailers, who say consumers should be able to make their own decisions.
Mexican authorities arrested four members of the Mexican drug cartel the Knights Templar after a series of firebombings that damaged a potato-chip company factory owned by PepsiCo. The firebombings prompted Mexican authorities to beef up security at the factory. This was the first recorded attack on an American firm by a drug cartel in Mexico.
All four presidential hopefuls were berated by the bereaved, who demanded that more be done to end the violence that has plagued the country for the past five years.
The General Motors Co. (NYSE: GM), the largest U.S. automaker, said Friday it will not advertise during the broadcast of the 2013 Super Bowl as it shifts its advertising strategy, according to the Wall Street Journal.
The corporate members of ALEC task forces was revealed by the watchdog group Common Cause.
Today, Pepsi reached a deal with Jackson's estate to use the King of Pop's image in their global marketing campaign.
The Coca-Cola Co. (NYSE: KO) is in talks to buy energy drink maker Monster Beverage Corp. (Nasdaq: MNST), an $11.6 billion company whose shares rocketed more than 20 percent Monday, in what would be Coca-Cola's largest acquisition, the Wall Street Journal reported.
Stocks advanced in choppy trade on Thursday as another batch of positive earnings and a strong housing report put equities on track for a third straight day of gains.
The conservative American Legislative Exchange Council (ALEC), which receives funds from 140 U.S. companies, is breaking federal tax laws, Common Cause charged.
The conservative American Legislative Exchange Council disbanded a task force that had advocated for “Stand Your Ground” laws in states as well as voter identification laws.
The Coca-Cola Company (NYSE: KO), the world's largest soft-drink maker, reported first-quarter profits that topped analysts' estimates, helped by price increases and strong demand in emerging markets.
The Coca-Cola Company (NYSE: KO) is expected to report stronger first-quarter profit as the world's largest soft-drink maker tries to offset higher commodity prices by undertaking a new cost-cutting program and continuing to target emerging market growth.
Liberal and civil rights groups have called on leading companies including AT&T and McDonald’s to drop their memberships in the conservative American Legislative Exchange Council.
PepsiCo Inc. (NYSE:PEP), the world's second-largest food and beverage company, claimed the No.784 spot on the IBTimes 1000 list by expanding aggressively in emerging markets and catering to consumers' demand for healthier food and beverages.
Stocks were set for a slightly lower open on Monday as economic data in China and this week's Federal Open Market Committee announcement gave investors reason to pause after a three-day rally.
The hiring of Wal-Mart's Brian Cornell to run the Americas food unit and promotion of longtime executive John Compton to the new post of president might be seen as attempts to find a successor to Chairman and CEO Indra Nooyi, who has been mentioned in media reports as a potential candidate for World Bank president.
Coke and Pepsi will reduce the amount of caramel coloring in their sodas so they won't be required to add a cancer warning label. However, both companies maintain their products have always been safe.
U.S. regulators said soft drinks from PepsiCo Inc and Coca-Cola Co posed no health risk, contrary to a U.S. watchdog group that reported several popular brands contain high levels of a chemical linked to cancer in animals.
Chemical analyses have found that high levels of a chemical that causes tumors in animals are present in drinks made by Coca-Cola and PepsiCo, according to a report by a consumer advocacy group.
Kellogg Co agreed to swallow Pringles potato chips for $2.7 billion in a cash deal that makes the cereal company second only to PepsiCo Inc in the global snack food market.
AmerisourceBergen Corp. said on Monday its Chief Financial Officer Michael DiCandilo had resigned to pursue other interests, effective immediately, sparking at least one broker downgrade and sending its shares down more than 3 percent.
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.
