Company
PepsiCo is a global food and beverage company, maker of Pepsi, Frito-Lay snacks, and other brands, and operator of large commercial delivery fleets.
KFC U.S. will replace PepsiCo with Coca-Cola as its drink supplier from January 2027, ending a tie that began in 1986. The change covers 3,718 US locations by Reuters' count, one Yum brand in one market.
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Mondelez is the latest employer named in a tobacco surcharge class action, Bloomberg Law reported; Groom Law Group counts over 80 such ERISA suits. Courts have split on the claims, so one employer's dismissal says little about another's exposure.
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PepsiCo roughly halved its fiscal 2026 core earnings growth forecast, blaming sluggish North American demand and rising input costs. Chief executive Ramon Laguarta plans more structural cost cuts, but he has pledged the savings to growth investment and to offsetting input inflation.
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US stock futures slid from record highs on Wednesday and Thursday as oil rose and the 10-year Treasury yield sat between 5.28% and 5.33%. With FactSet expecting 29.5% third-quarter earnings growth, how far the rally runs now depends on whether oil keeps pushing bond yields up.
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PepsiCo has recalled about 122,000 Gatorade cases in 37 states because the bottles contain Yellow No. 5 and/or No. 6 dyes their labels omit. The FDA rated it class II, a category for temporary or reversible harm, so a labelling error on its own produced a recall of this size.
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Tesla has begun delivering its Semi trucks, with an expected price of just under $300,000 for the 500-mile version before incentives. Fleets promised lower ownership costs have to build that case themselves while charging access remains a hurdle.
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Tesla opened its first dedicated Semi factory in Sparks, Nevada, built to make 50,000 trucks a year. It has set no date for reaching that rate, so fleets and investors are working from a capacity target until the trucks ship.
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The Swedish carrier will phase the trucks in over 24 months from September and rent them out through its Saga software, with a third party carrying the purchase financing.
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Qatar's sovereign fund co-led Gatik's $200 million Series D after backing a satellite firm and a chip metrology maker in June. The revenue line that did not move is the one to read.
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The Series D is the headline. The operating record behind it, 85,000 driverless orders at 99% on time on repeating dock-to-store lanes, is the part that priced the round.
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Extended producer responsibility prices packaging by material and tilts fees against hard-to-recycle design. Nineteen separate state programs would price the same package nineteen ways.
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A labor economist's survey puts just under 57 million people in jobs with no career track and no security. The largest category is not contractors or gig drivers but ordinary employees.
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