Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

Pequeño is a breaking news reporter who covers tech and more. PepsiCo will cut costs and drop prices for some products, according to a statement, becoming the latest company to tune down prices as its ...

PepsiCo said it is eliminating hundreds of products from shelves by early next year following discussions with an activist investor pushing the company to cut costs and streamline its product lineup.

PepsiCo reported fourth-quarter earnings and revenue that topped Wall Street's estimates. The food and beverage giant also reiterated the 2026 forecast provided in December. This year, Pepsi will cut ...

The company behind Cheetos and Lay's plans to cut snack prices as many shoppers continue to feel financially pressured. PepsiCo is cutting the suggested retail price of some snacks, such as Lay's, ...

Executives at PepsiCo waited too long to slash prices on its $7-a-bag snacks — including Doritos, Cheetos and Lay’s — costing the company billions, according to a report. The company announced in ...

PepsiCo, the maker of popular brands like Doritos, Lays and Cheetos, is slashing the price of its snacks by up to 15% in response to customer complaints that they have become too expensive. In a ...