Activist investor Elliott Investment Management is taking a $4 billion stake in PepsiCo, saying there’s an opportunity to turn the beverage company around.

PepsiCo reported better-than-expected earnings and revenue in the second quarter and expressed confidence that new and revamped products can boost its lagging North American sales in the second half of this year.

The Republican-controlled Federal Trade Commission has voted to dismiss a lawsuit against PepsiCo that the previous commission filed in the waning days of the Biden administration.

Food and beverage giant PepsiCo has agreed to meet this week with civil rights advocates from the National Action Network to discuss the company’s recent decision to roll back some of its diversity, equity, and inclusion initiatives.

The Rev. Al Sharpton has written to the CEO of PepsiCo giving the company three weeks to meet with him — or suffer a boycott — to discuss reversing the company’s recent move to do away with its diversity, equity and inclusion initiatives, according to a letter shared with The Associated Press.

Los Angeles County is taking on Pepsi and Coke for their role in plastic pollution.

Many Americans are in a sour mood about the economy for one main reason: Prices feel too high.

Starting Monday, July 17, Little Caesars is offering the Pineapple Pair-Up combo, which includes a 16-ounce Pepsi Pineapple and a large 2-topping thin-crust pizza when purchased online for $9.99.

PepsiCo reported better-than-expected sales in the fourth quarter after hiking prices for its drinks and snacks, but it warned that consumers may be less willing to accept those increases as this year progresses.

The NFL says Apple Music will be the new sponsor of the Super Bowl halftime show.

Only 2,000 winners will be selected for the contest that runs through the end of March

Dr. Dre, Snoop Dogg, Eminem, Mary J.

The NFL, Pepsi and Roc Nation announced Thursday, Nov. 12 that the three-time Grammy winner will perform at the 2021 Pepsi Super Bowl Halftime Show on Feb. 7 at Raymond James Stadium in Tampa, Florida. (Photo by Rob Grabowski/Invision/AP, File)LOS ANGELES – The Weeknd will bring his popular falsetto vocals to the 2021 Pepsi Super Bowl Halftime Show. “We all grow up watching the world’s biggest acts playing the Super Bowl and one can only dream of being in that position,” the singer said in a statement. This is an extraordinary moment in time and the Pepsi Super Bowl LV Halftime Show is going to be an extraordinary experience with an extraordinary performer.”Roc Nation and Emmy-nominated producer Jesse Collins will serve as co-executive producers of the halftime show. “We are thrilled to have The Weeknd join us in Tampa Bay on the Pepsi Halftime Stage,” said Brian Rolapp, the NFL’s chief media and business officer.

WYTHE COUNTY, Va. – UPDATEA suspect is in custody after a manhunt in Wythe County, according to the Wythe County Sheriff’s Office. UPDATEThe Virginia State Police is using a helicopter to assist in the manhunt for the suspect authorities say ran from a traffic stop and drug investigation Tuesday night. ORIGINAL STORYAuthorities are searching for a man they say ran away from a traffic stop and drug investigation on Tuesday night in Wythe County. Crews are searching for the suspect near Lovers Lane and the Pepsi plant, according to police. Officers say he was last seen wearing a black shirt and red shorts when he ran away from a traffic stop and drug investigation on the interstate.

The company reported sales that topped forecasts, thanks in part to a double-digit increase in volume for its 7.5-ounce mini cans. The company also said that its Coca-Cola Zero Sugar brand posted double-digit sales growth. Coke changed the name of its Coke Zero product to Coca-Cola Zero Sugar a few years ago. The company said Friday that Coca-Cola Energy and Coca-Cola Energy Cherry will be available in the US in January and that there will be zero-calorie versions of them as well. Coca-Cola Energy debuted in Spain and Hungary earlier this year and the company said it is now available in more than 25 countries.

Pepsi's plan to reduce plastic waste includes ditching plastic bottles for cans. The company said Friday that its Aquafina-brand water will soon be sold in aluminum cans at US fast food and restaurant chains beginning as soon as next year. "Tackling plastic waste is one of my top priorities and I take this challenge personally," PepsiCo CEO Ramon Laguarta said in a statement. The company said Bubly, its line of flavored sparkling water, will now only be offered in cans. Pepsi said it has committed to using only recyclable, compostable or biodegradable packaging by 2025, and it's pledged to make new plastic bottles using 25% recycled material.