Breaking News

Business

PepsiCo plans price cuts as demand slips

PURCHASE, NY (AP) — PepsiCo is cutting prices on Lay’s, Doritos, Cheetos and Tostitos chips this year to win back customers exasperated by years of price hikes. “For some consumers, low- and middle-income consumers, the biggest friction they have today in our category... is affordability,” PepsiCo Chairman and CEO Ramon Laguarta said Tuesday during a conference call with investors. “So we have been testing multiple ways to give them affordability.” PepsiCo has leaned on price increases as the cost of packaging, ingredients and transportation rose. In the fourth quarter, ...

Edmunds puts Nissan Sentra, Toyota Corolla to the test

There is a lot of talk about affordability in 2026, and it can certainly apply to new vehicles. Many of the latest SUVs and electric vehicles are simply too expensive for people. Buying used is an option, but that means you’ll lose out on getting a full warranty and, of course, that new-car smell. Thankfully, a few automakers still offer inexpensive new sedans priced under $25,000. Nissan has redesigned its 2026 Sentra, which is the smallest and least expensive sedan in the brand’s lineup. Nissan has given the car a new look and an interior makeover, featuring improved materials ...

Families of plane crash victims ask US appeals court to revive a criminal case against Boeing

Thirty-one families that lost relatives in two fatal crashes of Boeing 737 Max jetliners asked a federal appeals court on Thursday to revive a criminal case against the aircraft manufacturer. Paul Cassell, a lawyer for the families, urged a three-judge panel of the 5th U.S. Circuit Court of Appeals to overturn a lower court’s dismissal of a criminal conspiracy charge Boeing faced for allegedly misleading Federal Aviation Administration regulators about a flight-control system tied to the crashes, which killed 346 people. The dismissal came at the request of the U.S. government ...

Washington Post cuts a third of its staff in a blow to a legendary news brand

The Washington Post laid off one-third of its staff Wednesday, eliminating its sports section, several foreign bureaus and its books coverage in a widespread purge that represented a brutal blow to journalism and one of its most legendary brands. The Post’s executive editor, Matt Murray, called the move painful but necessary to put the outlet on stronger footing and to weather changes in technology and user habits. “We can’t be everything to everyone,” Murray said in a note to staff members. He outlined the changes in a companywide online meeting, and staff members then began ...

Minute Maid’s frozen canned juices are getting put on ice

Minute Maid helped make orange juice a year-round morning staple in 1946, when it started shipping cans of frozen juice around the U.S. But 80 years later, the brand’s parent company is halting sales of frozen juice concentrates in the U.S. and Canada, saying it wants to focus on the fresh juices that customers now prefer. “We are discontinuing our frozen products and exiting the frozen can category in response to shifting consumer preferences,” The Coca-Cola Co., which owns Minute Maid, said Wednesday in a statement. Minute Maid’s frozen juices – including several varieties ...