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Business News
PepsiCo raises outlook, looks to new Lay's flavors
PURCHASE, N.Y. (AP) -- PepsiCo raised its forecast for the year on Wednesday and said its new Lay's potato chips - including a cappuccino variety - should help boost its profit in the months ahead....
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Retail trade group reduces annual sales forecast
NEW YORK (AP) -- The nation's largest retail trade group is paring its annual sales forecast because of slower-than-expected growth during the first half of the year tied to winter storms and lingering economic woes....
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SEC poised to end $1 a share for some money funds
WASHINGTON (AP) -- Regulators prepared to vote Wednesday to end a longtime staple of the investment industry - the fixed $1 share price for money-market mutual funds - at least for some money funds used by big investors....
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Fortune 500 firm Sealed Air moving HQ to Charlotte
CHARLOTTE, N.C. (AP) -- Fortune 500 packaging company Sealed Air Corp. will consolidate management operations from several states and relocate its New Jersey headquarters to the Charlotte area, where it plans to employ nearly 1,300 jobs in three years....
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US stocks mixed as earnings reports roll in
NEW YORK (AP) -- Stock indexes were little changed in early trading Wednesday as mostly positive earnings in the technology sector were outweighed by disappointing news out of aircraft giant Boeing....
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