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shedding

Elliott’s plan for PepsiCo includes investing in some of its iconic brands, shedding others

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Company: PepsiCo Business: PepsiCo is one of the world’s largest consumer packaged goods companies, with a portfolio of some of the most iconic brands in food and beverage. Its brands include: Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream. Its segments include Frito-Lay North America (FLNA); Quaker Foods North America (QFNA); PepsiCo Beverages … Read more

More than half of industries are already shedding workers, a ‘telling’ sign that’s accompanied past recessions, top economist says

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The U.S. economy isn’t in a recession yet, but the number of industries cutting back on headcount is concerning, and future revisions to jobs data could show employment is already falling, according to Moody’s Analytics chief economist Mark Zandi. In a series of X posts on Sunday, he followed up his warning from last weekend … Read more

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