Tag Archives: pepsi

Business/Economics, U.S.

Diet Soda Pop causes Heart Attacks

The Journal of General Internal Medicine says diet sodas might keep you from gaining weight, but they increase your chances of heart attack!

Researchers from the University of Miami, and the Columbia University, studied 10 years of health data and soda pop drinking habits in 2,564 New York City adults.

Daily diet soda drinkers had a 43% higher risk of developing cardiovascular problems, than people who drank sugary sodas.

Interestingly, people who drank diet sodas occasionally (not everyday) were in the same category as sugary soda drinkers.  The researchers say studies need to be done to find out why daily consumption of diet soda pop increases your risk of heart attacks.

Business/Economics, International, U.S.

What Economic Recovery? Pepsi will lay off 8,700 employees, gives axe man a $2 million bonus

PepsiCo announced that they must radically restructure if they want to stay competitive.  This comes after Pepsi fell to third place, after Diet Coke.

Pepsi will lay off 8,700 employees around the world, and then spend big bucks on advertising to get you to buy more Pepsi products. Pepsi officials declined to say exactly how many U.S. employees would lose their jobs, but did say it should not be more than 3% of their U.S. operations.

Pepsi already laid off about 3,300 people from 2008 to 2009.

But here’s the thing, the former executive who caused Pepsi’s fall, is getting a $2 million bouns!  Massimo d’Amore ran Pepsi’s Global Beverages Group until September 2011.  He ordered changes in how Pepsi was marketed.  Those changes actually hurt sales.

So, d’Amore is let go, but walks away with $3.4 million in retirement and stocks, plus $2 million in severance, while 8,700 Pepsi employees will probably get nothin’ when they get axed!  And it’s not their fault Pepsi lost sales, it’s d’Amore’s fault!  Just another argument for employees to be the owners of their own business!

Business/Economics, U.S.

Coca Cola raises prices, blames inflation, bad weather, Pepsi and others to follow suit

Coca Cola will raise prices at least 3 to 5% in July.  They raised prices 2% earlier this year.

They blame the rising costs of resources, due to speculators playing the commodities markets. They also blame the cost of transportation due to high fuel prices.

In China, Coca Cola bottlers will use smaller bottles.  Hangzhou bottler already changed its 600 milliliter packages to 500 milliliters in May, but charges the same price.

Industry analysts say the inflation in commodity prices has to be passed on to consumers sooner or later.  A month before Coca Cola’s price rise announcement, Smuckers raised prices on its coffee products.  Eventually consumers will see more price rises across the food market.

A big factor for commodity price increases is the bad weather most of the United States is experiencing.  Cooler, wetter than normal weather in the north west.  Massive flooding in the plain states, and mid west.  Hotter weather in the east.  All these weather extremes are resulting in less crop production.  Less crops on the markets will drive the price up.