Latest News Updates From Dee-Ann Durbin

GovernmentBusinessPrivate

Coca-Cola Confirms a Cane-Sugar Version This Fall

Coca-Cola said July 22 that it will add a cane-sugar version of its trademark cola to its U.S. lineup this fall, confirming a recent announcement by President Donald Trump.

July 22, 2025
BusinessPrivate

PepsiCo Overcomes Lagging US Sales in Strong Q2

PepsiCo reported better-than-expected earnings and revenue in the second quarter despite sluggish North American sales.

July 17, 2025
BusinessPrivate

Kroger Plans to Close 60 US Stores to Improve Profit

Kroger plans to close around 60 U.S. grocery stores over the next 18 months to improve efficiency.

June 25, 2025
GovernmentBusinessPrivate

JBS Shares to Begin Trading on NYSE

Brazilian meat giant JBS expects its shares to begin trading June 13 on the New York Stock Exchange.

June 13, 2025
GovernmentBusinessPrivate

Oreo Maker Mondelez Sues Aldi Over Packaging

Snack food maker Mondelez is suing the Aldi supermarket chain, alleging the packaging for Aldi’s store-brand cookies and crackers “blatantly copies” Mondelez products such as Oreos.

May 30, 2025
BusinessPrivate

PepsiCo Buys Prebiotic Soda Brand Poppi

PepsiCo said March 17 that it’s acquiring the prebiotic soda brand Poppi for $1.95 billion.

March 17, 2025
BusinessPrivateTop 100

Inflation, Pivot to Healthier Snacks Weigh on PepsiCo in Q4

PepsiCo said Feb. 4 that high prices and changing consumer tastes have weakened U.S. demand for its snacks and drinks but it’s confident it can turn that around in the coming year.

February 5, 2025
GovernmentBusinessPrivate

FTC Accuses PepsiCo of Price Discrimination Favoring Walmart

The FTC sued PepsiCo on Jan. 17, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to Walmart at the expense of other vendors and consumers.

January 17, 2025
GovernmentBusinessPrivate

Albertsons Sues Kroger for Failing to Secure Merger

Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement.

December 11, 2024
BusinessPrivateTop 100

PepsiCo to Close Four US Bottling Plants, Cut 400 Jobs

The news follows PepsiCo's confirmation of the Chicago plant's full closure earlier in the week. Sales, delivery and warehouse functions will continue at the other three locations.

October 30, 2024