Pepsi Plans to Cut Virgin Plastic by 50%, Go Carbon-Neutral

Pepsi Plans to Cut Virgin Plastic by 50%, Go Carbon-Neutral Bottles of PepsiCo Pepsi brand soda sit on display at a supermarket in Princeton, Ill. (Daniel Acker/Bloomberg)

PepsiCo Inc., one of the biggest producers of plastic bottles, said it would drastically cut its use of the material as part of a new round of sustainability goals.

Brett Pulley | Bloomberg News
September 15, 2021
Business, Top 100

PepsiCo’s Sales Jump Most in a Decade as Restaurants Reopen

Pepsis on rack Paul Taggart/Bloomberg

PepsiCo Inc. reported the fastest sales growth in at least a decade and raised its forecast, benefiting from thirsty consumers returning to restaurants, bars and stadiums and others diving into bags of chips.

Brett Pulley | Bloomberg News
July 13, 2021
Business, Technology, Equipment, Safety, Top 100

Big Fleets to Work Together on Enhancing Driver Visibility in Cab

Truck driver checks windshield wiper A truck driver checks a windshield wiper. Together for Safer Roads President David Braunstein called driver visibility an "underappreciated aspect of road safety." (welcomia/Getty Images)

Anheuser-Busch InBev, PepsiCo Inc., Republic Services and nongovernmental organization Together for Safer Roads announced a design challenge to improve fleet safety and save lives, calling the project the Truck of the Future.

Roger Gilroy | Senior Reporter
November 23, 2020
Business, Top 100

Pepsi Says Higher Prices Haven’t Quenched Consumer Demand

Pepsi Chris Rank/Bloomberg News

PepsiCo Inc. is getting a boost from higher prices on its drinks and snacks, a sign U.S. consumers still feel good amid recent indicators of a looming economic slowdown.

Craig Giammona | Bloomberg News
October 3, 2019
Business, Logistics

At UPS, Brian Newman to Succeed Richard Peretz as CFO

Close-up photo of UPS truck and logo Brian Newman, PepsiCo's executive vice president for finance and operations in Latin America, will become UPS' Chief Financial Officer on Sept. 16. (Andrew Harrer/Bloomberg News)

UPS Inc. said PepsiCo executive Brian Newman will replace Chief Financial Officer Richard Peretz.

Jim Stinson | Staff Reporter
August 12, 2019
Business, Technology, Top 100

PepsiCo to Switch From Plastic to Cans for Aquafina Water

pepsi Daniel Acker/Bloomberg News

PepsiCo Inc., facing an industrywide backlash against plastic, will experiment with putting its Aquafina water in cans.

Craig Giammona | Bloomberg News
June 27, 2019
Business, Logistics

PepsiCo Shares Climb to Highest on Record

pepsi TT File Photo

Call it the nostalgia factor: PepsiCo Inc. is getting a boost from some of its classic brands. The snack and beverage giant posted quarterly results that beat estimates, sending shares to the highest since at least 1980.

Craig Giammona | Bloomberg News
April 17, 2019
Business, Logistics, Top 100

PepsiCo Buys Wellness-Focused Muscle Milk in New CEO’s First Move

pepsi Luke Sharrett/Bloomberg News

New PepsiCo Inc. CEO Ramon Laguarta has made his first acquisition, purchasing the maker of sports and wellness products Muscle Milk from Hormel Foods Corp. for an undisclosed amount.

Jonathan Roeder | Bloomberg News
February 20, 2019
Business, Logistics, Top 100

Pepsi Soothes Investors With Sales Growth, Plans for Payouts

pepsi Luke Sharrett/Bloomberg News

PepsiCo Inc. rose in early trading as investors brushed off a lower profit forecast, instead focusing on sales growth in snacks and North American beverages and the company’s plans to return about $8 billion to shareholders this year.

Craig Giammona | Bloomberg News
February 15, 2019

Coke Shares Drop Most Since 2008

Coca-Cola Vincent Mundy/Bloomberg News

Coca-Cola Co. plunged the most intraday in more than 10 years on Feb. 14 after the company released a lackluster forecast for 2019 and highlighted upcoming obstacles such as currency pressures, geopolitical tensions and weakening consumer sentiment.

Craig Giammona | Bloomberg News
February 14, 2019