PepsiCo said Tuesday it has agreed to slash 20% of its soda and snack lineup in the US, lower some prices — and layoff an unspecified number of workers — as part of a deal with activist investor ...

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Before Lina Khan exited the Federal Trade Commission, the agency sued Pepsi for violating the Robinson-Patman Act, which bars suppliers from price discrimination, i.e., charging retailers different ...

Pequeño is a breaking news reporter who covers tech and more. PepsiCo will cut costs and drop prices for some products, according to a statement, becoming the latest company to tune down prices as its ...

PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor that was announced Monday. The Purchase, New York-based company, which makes Cheetos, Tostitos, ...

PepsiCo said it is eliminating hundreds of products from shelves by early next year following discussions with an activist investor pushing the company to cut costs and streamline its product lineup.

PepsiCo struck an agreement with activist investor Elliott Investment Management, committing to cut costs across the company and lower prices in an effort to jump-start its slowing food business. The ...

This is read by an automated voice. Please report any issues or inconsistencies here. PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor. The ...

PepsiCo has set out its strategy designed to appease activist investor Elliott Investment Management, with a requisite to “accelerate” organic growth. The plan “incorporates constructive engagement”, ...

Beverages giant PepsiCo announced a review of its North America supply chain today, and said it would aggressively reduce costs to drive growth after weeks of discussions with activist investor ...

PURCHASE, NY. — A week after updating its strategic plan, PepsiCo Inc. has shuffled its senior leadership, including a new chief executive officer for North America. Plans call for Steven Williams, ...