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Business
fromwww.cbc.ca
1 week ago

Lululemon founder launches proxy fight to reshape board | CBC News

Chip Wilson launched a proxy fight at Lululemon by nominating three independent directors following CEO Calvin McDonald's announced exit.
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Business
fromwww.latimes.com
4 weeks ago

PepsiCo to cut prices and eliminate 20% of products

PepsiCo will cut about 20% of SKUs, lower prices, accelerate cleaner-ingredient product launches, and use savings for marketing and consumer value while cutting costs.
fromFast Company
4 weeks ago

Pepsi layoffs: Here's the biggest clue that job cuts are coming as PepsiCo looks to 'right-size' workforce

Layoffs have hit American workers hard in 2025, particularly in the government and tech sectors. Already this year, well over a million jobs have been lost due to layoffs-and unfortunately, it doesn't look like a cessation of job cuts is on the horizon. Reports say that beverage and snack giant PepsiCo is the latest major American company getting ready to announce layoffs.
US news
Business
fromFortune
4 weeks ago

Pepsi to cut product offering nearly 20% in deal with $4 billion activist Elliott | Fortune

PepsiCo will cut nearly 20% of product offerings, lower prices, invest savings in marketing, accelerate simpler-ingredient innovations, and review board and supply chain.
Business
fromLos Angeles Times
2 months ago

Six Flags is struggling. Why NFL's Travis Kelce is joining investors to make changes

Six Flags faces investor pressure, including from Travis Kelce, to improve customer experience amid financial struggles, leadership changes, heavy debt, and falling attendance.
LA real estate
fromtherealdeal.com
2 months ago

EY Plaza's value continues to crash

EY Plaza's value plunged to about $135 million, lenders face losses, and a collapsed $130 million purchase highlighted deep market distress around the property.
fromFortune
3 months ago

Inside PepsiCo's beverage overhaul: a Gatorade reboot, the $2 billion Poppi buy, and a gut-health play, all under activist scrutiny | Fortune

"We take pride in the science," says Krishnan as he gives Fortune a tour of the Gatorade Sports Science Institute in Valhalla, N.Y., 30 miles north of New York City. At that research facility, athletes are evaluated using treadmills, glucose monitors, and other technology for how much their sodium levels vary and how quickly the electrolytes and sodium in Gatorade work to replenish them.
Food & drink
Business
fromFortune
3 months ago

Longtime Cracker Barrel foe urges shareholders to vote against 'worse than mediocre' CEO after dismal earnings | Fortune

Sardar Biglari launched an eighth proxy fight against Cracker Barrel, blaming management and the board for destroying shareholder value after an earnings miss.
Business
from24/7 Wall St.
4 months ago

Insider Buys Top $333 Million as Icahn Exits Bausch Health Stake

Major insiders and beneficial owners made large stock purchases in Bausch Health, Resideo Technologies, and recent spin-offs, signaling potential confidence despite mixed analyst outlooks.
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