PepsiCo hikes prices for 7th straight quarter and profits rise 14%

Published Wed, 06 Nov 2024 05:50:53 GMT

PepsiCo hikes prices for 7th straight quarter and profits rise 14% PepsiCo’s revenue rose 7% in the third quarter despite lower demand as the company continued to hike prices.Pepsi raised prices 11% in the July-September period, the seventh straight quarter that the Purchase, New York, company has implemented double-digit price hikes. Sales volumes fell 2.5%.Net revenue was $23.4 billion, the company said Tuesday. That was in line with Wall Street’s expectations, according to analysts polled by FactSet.Net income for Pepsi rose 14% to $3.1 billion, or $2.24 per share. That beat the $2.15 per share that analysts had forecast.Pepsi now expects its full-year earnings per share to increase 13%, up from previous projections of 12%, due to the strength of its sales and cost-cutting efforts.Source

California se convierte en el primer estado de EE.UU. en prohibir 4 sustancias químicas potencialmente nocivas en los alimentos

Published Wed, 06 Nov 2024 05:50:53 GMT

California se convierte en el primer estado de EE.UU. en prohibir 4 sustancias químicas potencialmente nocivas en los alimentos (CNN) — El gobernador de California, Gavin Newsom, firmó una ley histórica destinada a prohibir el colorante rojo nº 3 y otros aditivos alimentarios potencialmente nocivos en los bienes de consumo.Este sábado, California se convirtió en el primero estado de EE.UU. en prohibir el uso de los ingredientes que se encuentran en muchos dulces populares, bebidas y más, según el Grupo de Trabajo Ambiental, una organización de salud ambiental sin fines de lucro que copatrocinó la ley con Consumer Reports.También conocida como la Ley de Seguridad Alimentaria de California, la Ley de la Asamblea 418 —presentada por los asambleístas Jesse Gabriel y Buffy Wicks en febrero— prohíbe la fabricación, venta o distribución de productos alimenticios en California que contengan colorante rojo Nº 3, bromato de potasio, aceite vegetal bromado o propilparabeno.El bromato potásico se añade a los productos de panadería para ayudar a que la masa se fortalezca y suba más. En algunas bebidas, el aceite ve...

Lawyers to deliver closing arguments in trial of 2 police officers charged in Elijah McClain's death

Published Wed, 06 Nov 2024 05:50:53 GMT

Lawyers to deliver closing arguments in trial of 2 police officers charged in Elijah McClain's death DENVER (AP) — Lawyers will deliver closing arguments Tuesday in the trial of the first two police officers to be prosecuted in the 2019 death of Elijah McClain, a Black man who was put in a neck hold and pinned down by officers in a Denver suburb before paramedics injected him with a powerful sedative.McClain was stopped while walking home from a convenience store on a summer night, listening to music and wearing a mask that covered most of his face. A 911 caller reported him as suspicious and the police stop quickly became physical with McClain, a 23-year-old massage therapist seemingly caught off guard, asking to be left alone. He had not been accused of committing any crime. Officers on trial ignored Elijah McClain’s pleas of ‘I can’t breathe,’ prosecutors say Prosecution witnesses testified that the sedative ketamine killed McClain. But prosecutors also offered medical testimony that the restraint of McClain by Aurora officers Randy Roedema and Jason Rosenblatt triggered a ser...

Denver weather: Mild again before rain and a cooldown

Published Wed, 06 Nov 2024 05:50:53 GMT

Denver weather: Mild again before rain and a cooldown DENVER (KDVR) — Tuesday will be another comfortable day across the Front Range. There will be late clouds and mild highs before changes arrive by the end of the workweek in the Denver weather forecast.Weather today: Late-day cloudsSkies will be mainly sunny through the early afternoon on Tuesday before some clouds push in later in the day. Denver announces location for first micro-community High temperatures will be above average in the upper 70s, near 80 degrees along the Front Range.Pinpoint Weather: Daily forecast on Oct. 10 Weather tonight: Partly cloudyThe partly cloudy skies stick around Tuesday night with winds staying light. Overnight lows will be above average and mild in the upper 40s.Pinpoint Weather: Overnight forecast on Oct. 10 Looking ahead: Rain and cooler temps before mild weekendWednesday will be mild for the eastern half of the state with a brisk afternoon wind and highs in the middle 70s. The western half of the state will have cloudy skies and spotty showers ...

Luxembourg election: Center-right to lead coalition talks

Published Wed, 06 Nov 2024 05:50:53 GMT

Luxembourg election: Center-right to lead coalition talks After winning a general election at the weekend, Luxembourg’s center-right Christian Social People’s Party (CSV) will lead coalition talks with outgoing Prime Minister Xavier Bettel’s liberal Democratic Party (DP), both parties announced late Monday.That puts CSV leader Luc Frieden, a former finance minister and ex-president of industry and services lobby Eurochambres, in pole position to become the country’s next prime minister.“This is obviously a great honor and a great responsibility, as it involves preparing the future of this country. I have accepted this mission,” Frieden said Monday evening after meeting with the Grand Duke of Luxembourg — the country’s head of state — who put him in charge of leading the coalition negotiations.Bettel, who has been appointed by the DP to lead discussions with Frieden, said his party was “ready to take responsibilities in the future government with Luc Frieden as prime minister.”Bettel has said he is willin...

NFL power rankings, Week 6: Ravens need to ‘wake up’ soon to get back in contention

Published Wed, 06 Nov 2024 05:50:53 GMT

NFL power rankings, Week 6: Ravens need to ‘wake up’ soon to get back in contention Each week of the NFL season, The Baltimore Sun will rank all 32 NFL teams. The rankings will take into account not just weekly performance, injuries and roster depth, but how well each team measures up as Super Bowl contenders.Here are the rankings heading into Week 6:1. San Francisco 49ers (5-0, No. 1 last week)Last week: Win vs. Cowboys, 42-10Up next: at BrownsIt’s time to admit Brock Purdy is a good quarterback. He hardly broke a sweat in destroying the Cowboys’ stout defense, completing 17 of 24 passes for 252 yards and four touchdowns. On a night when Christian McCaffrey averaged just 2.7 yards per carry, Purdy carried the offense to a statement victory. Toss in an incredible defense that makes life miserable for opposing quarterbacks, and this is your undisputed Super Bowl favorite.2. Kansas City Chiefs (4-1, No. 3)Last week: Win vs. Vikings, 27-20Up next: vs. BroncosAfter injuring his ankle, the world’s most famous tight end returned to catch a touchdown ...

Patriots-Saints film review: Mac Jones looks as broken as his offense

Published Wed, 06 Nov 2024 05:50:53 GMT

Patriots-Saints film review: Mac Jones looks as broken as his offense The Patriots offense is unequivocally, fundamentally, horribly, plainly and irretrievably broken.Ready for this?The Pats have scored three points in their last two games. They haven’t scored a touchdown in 34 straight drives. They’ve set up camp inside the red zone just once since Week 2.More?According to advanced metrics, the Patriots own the NFL’s worst pass offense and its worst rush offense. Mac Jones has been benched in two straight games and allowed Zach Wilson to lap him as a functioning NFL quarterback. Somehow, between the two of them, Jones is now the skittish and erratic ticking turnover bomb.Jones can’t help himself. He’s already thrown as many pick-sixes at Gillette Stadium as Tom Brady did. Not that Jones is solely responsible for the disaster around him.The Patriots’ offensive line allows the most pressure in the league. Their wideouts generate the least amount of separation, per Next Gen Stats, while star running back Rhamondre Ste...

Major downtown intersection shutdown this week for TTC streetcar track work

Published Wed, 06 Nov 2024 05:50:53 GMT

Major downtown intersection shutdown this week for TTC streetcar track work A major intersection in downtown Toronto will be closed off to traffic for the duration of the work week to allow for streetcar track work.Starting at 6 a.m. Tuesday, the intersection of Adelaide and Yonge streets will be shutdown to through traffic for TTC track replacement until 11 p.m. Friday. The City says the intersection will remain open to pedestrians and local traffic.“The City will deploy traffic Agents and paid duty officers to help manage traffic in the area,” says the City of Toronto. “Local businesses in the area will remain open as usual and pedestrian access to businesses around the work zone will be maintained.”The City says the four-day closure will help ensure the streetcar work on Adelaide between Yonge and Victoria streets will be finished by the end of the year, rather than having it extend into next spring.Adelaide will remain reduced to one shared lane once the intersection reopens on Friday evening. The city anticipates additional lane...

Several more people arrested over a far-right German plot to launch a coup and kidnap a minister

Published Wed, 06 Nov 2024 05:50:53 GMT

Several more people arrested over a far-right German plot to launch a coup and kidnap a minister BERLIN (AP) — Several more people suspected of being involved in planning a far-right coup and plotting to kidnap the German health minister were arrested in raids in a number of regions on Tuesday, authorities said.Prosecutors have said the group intended to create “conditions similar to civil war” by using explosives to cause nationwide blackouts, then kidnapping Health Minister Karl Lauterbach, who was a prominent advocate of strict coronavirus measures. There were no indications the group was close to launching a coup. Five people already went on trial in May over the alleged plot by the group calling itself United Patriots. Prosecutors say the group is linked to the Reich Citizens scene, which rejects the legitimacy of Germany’s postwar constitution and has similarities to the Sovereign Citizens and QAnon movements in the United States.Authorities in several German regions carried out raids on Tuesday and detained more people. Frankfurt prosecutors said a man arrested in the ce...

Russia will only resume nuclear tests if the US does it first, a top Russian diplomat says

Published Wed, 06 Nov 2024 05:50:53 GMT

Russia will only resume nuclear tests if the US does it first, a top Russian diplomat says MOSCOW (AP) — Russia will move to revoke the ratification of a global nuclear test ban to put itself on par with the United States but will only resume nuclear tests if Washington does it first, a senior Russian diplomat said Tuesday.Deputy Foreign Minister Sergei Ryabkov told reporters that Moscow will rescind the ratification of the nuclear test ban treaty to “mirror” the action by the U.S. He added that if the U.S. conducts a nuclear test, “we will be forced to mirror that as well.”The Comprehensive Nuclear Test Ban Treaty, adopted in 1996 and known as the CTBT, bans all nuclear explosions anywhere in the world, although it has never fully entered into force. It was signed by both the Russian and U.S. presidents but was never ratified by the U.S. Last week, Russian President Vladimir Putin warned that Moscow could consider rescinding its 2000 decision to ratify the bill. Putin noted that while some experts have talked about the need to conduct nuclear tests, he hasn’t yet formed ...