NEW YORK (AP) — Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households. Consumer goods giants from PepsiCo to Kraft Heinz have described recently how the combination of high inflation and higher interest rates is...
PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages. The Purchase, New York-based company said revenue rose 2% to $18.3 billion for the January-April period. That was higher than the $18 billion Wall Street...
PURCHASE, N.Y. (AP) — PURCHASE, N.Y. (AP) — PepsiCo Inc. (PEP) on Tuesday reported first-quarter earnings of $2.04 billion. The Purchase, New York-based company said it had profit of $1.48 per share. Earnings, adjusted for non-recurring costs and restructuring costs, came to...
NEW YORK (AP) — As NBC News Group chairman, Cesar Conde is already busy overseeing the network's broadcast and digital news operations, along with CNBC, MSNBC, Telemundo and NBC-owned local affiliates. Yet the executive also has a second paid job. And a third — as a member of...