Past price hikes have weakened demand for PepsiCo snacks, and consumers have begun swapping out for cheaper versions or ...

The beverage and snack giant has been under pressure by the activist investor Elliott Management, which took a stake in the ...

Pepsi is removing a cola from its lineup, with additional product reductions expected as the company reshapes its beverage portfolio.

PepsiCo (PEP) came to a settlement with activist investor Elliott Investment Management that will include cutting costs and lowering prices in its food business. The snack and beverage company will ...

VALHALLA, New York (AP) — Pepsi has a new challenge: keeping products like Gatorade and Cheetos vivid and colorful without the artificial dyes that U.S. consumers are increasingly rejecting. PepsiCo, ...