Latest News Updates From Dee-Ann Durbin

DoorDash said the Instacart brand name and app will remain, and Instacart shoppers can continue fulfilling orders for Instacart. 

PepsiCo said it's prioritizing innovation and more effective marketing to improve business in North America.

Pabst Blue Ribbon wants its beer back, and it's offering a reward to help make that happen.

DoorDash said demand for deliveries remained strong in the January-March period despite higher gas prices, with total orders rising 27% to 933 million.

Revenue jumped 8.5% to $19.44 billion in the January-March period compared to the same period a year ago, the Purchase, N.Y., company said April 16.

DoorDash is offering extra compensation to U.S. and Canadian drivers as part of a temporary program to help offset rising gas prices.

Kraft Heinz said Feb. 11 it's pausing its plans to split into two companies, with CEO Steve Cahillane saying  "many of our challenges are fixable and within our control.” 

Greg Foran led Walmart's U.S. division for six years before departing in 2019. While there, he introduced online ordering and pickup, and accelerated Walmart's digital capabilities.

PepsiCo has leaned on price increases as the cost of packaging, ingredients and transportation rose, but that has weakened demand, and consumers have cut back.

The Atlanta beverage giant said its board elected Henrique Braun as CEO effective March 31. James Quincey, Coke's current chairman and CEO, will transition to executive chairman.