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PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor that was announced Monday. The Purchase, New York-based company, which makes Cheetos, Tostitos, ...

PepsiCo said it is eliminating hundreds of products from shelves by early next year following discussions with an activist investor pushing the company to cut costs and streamline its product lineup.

Pequeño is a breaking news reporter who covers tech and more. PepsiCo will cut costs and drop prices for some products, according to a statement, becoming the latest company to tune down prices as its ...

PepsiCo said Tuesday it has agreed to slash 20% of its soda and snack lineup in the US, lower some prices — and layoff an unspecified number of workers — as part of a deal with activist investor ...

WASHINGTON, Dec 16 (Reuters) - PepsiCo (PEP.O), opens new tab and Walmart (WMT.O), opens new tab have been accused in a new consumer lawsuit in federal court in New York of orchestrating a decade-long ...

This is read by an automated voice. Please report any issues or inconsistencies here. PepsiCo plans to cut prices and eliminate some of its products under a deal with an activist investor. The ...

PepsiCo Inc. reached an agreement with activist investor Elliott Investment Management to reduce its US product lineup by 20% and lower prices, while the company also pares its workforce. The moves ...