Corporate profits have been bolstered by higher prices even as some of the costs of doing business have fallen in recent months.
Category: Pepsico Inc
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Migrant Child Labor Debate in Congress Becomes Mired in Immigration Fight
Revelations that migrant children have been exploited for cheap labor brought calls for action, but a partisan battle over immigration policy has complicated lawmakers’ efforts.
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Higher Food Prices Bring Bigger Profits, but Consumers Start to Resist
Some of the biggest packaged food companies raised their prices last quarter and their profits rose, but some customers were starting to cut back or trade down.
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Big Soda’s Alcohol Drinks Worry Health Experts
The New York Times – Business:PepsiCo and Coca-Cola enter hard soda markets, causing concerns among regulators and researchers.
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More Than 300,000 Starbucks Vanilla Frappuccino Drinks Recalled
The New York Times – Business:PepsiCo voluntarily recalled the beverages after glass was found in some of the bottles, the U.S. Food and Drug Administration said.
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Big Brands Keep Raising Prices, With Limited Shopper Resistance
The New York Times – Business:Consumers continue to absorb significant price increases by PepsiCo, Unilever and others. The companies say that prices will remain high in the months to come.
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Corporate America Has a Message for the Fed About Inflation
The New York Times – Business:If Federal Reserve Chair Jerome H. Powell and his colleagues look at company earnings reports, these themes might catch their eye.
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Food Prices Soar, and So Do Companies’ Profits
The New York Times – Business:Some companies and restaurants have continued to raise prices on consumers even after their own inflation-related costs have been covered.
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Pepsi Defies Fears of Slowdown with Strong Earnings and Forecast
The New York Times – Business:Quarterly results provided a sign that shoppers continued to spend despite high inflation squeezing their wallets.