A growing number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that much of corporate America endorsed following the protests that accompanied the Minneapolis police killing of George Floyd, a Black man, in 2020.

PepsiCo and rival Coca-Cola are taking different paths on the issue of diversity.

PepsiCo says high prices and changing consumer tastes have weakened U.S. demand for its snacks and drinks.

If you enjoy eating chips but hate too much air in the bag, you might be in luck. PepsiCo announced last week that they would be increasing the net weight of some of their chip packages.

PepsiCo lowered its sales forecast for the year after consumers in the U.S., China and elsewhere pulled back on its snacks and drinks.

PepsiCo reported higher-than-expected earnings in the second quarter but acknowledged that after raising prices every quarter for more than two years, customers are not buying as many of its snacks and drinks.

Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households.

PepsiCo reported better-than-expected revenue in the first quarter on strong international demand for its snacks and beverages.

PepsiCo will sell Tropicana and other juices to a private equity firm in exchange for pretax proceeds of $3.3 billion.