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Taco Bell's Doritos Locos Taco is an important part of Yum! Brands' strategy to turn the chain's fortunes around in the U.S. It's also a crazy idea, and one of the strangest menu items you can find at America's fast food chains.

Taco Bell's new Doritos Locos Taco hit restaurants last week, and it's already getting plenty of publicity -- and mockery. But whether it's a hit or a flop, expect more fast food mash-ups and bold blunders from the big chains.

As food prices continue to rise, many food companies are shrinking packages instead of raising item prices. But don't be fooled: You're definitely paying more for less.

Whisper it - Frito-Lay is about to say goodbye to its environmentally-friendly but very noisy SunChips bag. Eighteen months ago, Frito-Lay, a division of PepsiCo (PEP), made lots of noise about a biodegradable SunChips bag made from plant material. Sponsored Links Now, after complaints that...

One year after sitting on the Super Bowl advertising sidelines, Pepsi is returning to the gridiron this year with its "Crash the Super Bowl" campaign. And it's bringing in the some serious star power to encourage consumers to create their own Super Bowl ads: screen legend Betty White.

PepsiCo will announce its second-quarter numbers on Tuesday, and analysts expect earnings per share of $1.07 to $1.10, up from $1.02 a year earlier. If they're right, it will mark a continuation of the company's stable period of success. But PepsiCo's management is thinking bigger.

A counterfeit coupon for a free bag of Doritos chips is circulating via e-mail, say Frito-Lay company officials. The coupon, which the company says it did not create, authorize or distribute, claims the offer is good for a free bag worth up to $5. The company warns consumers to be cautious of...

Food manufacturers, like the politicians currently debating health reform, may have a solution to the obesity crisis: Feed Americans a lot of hot air. But this heated air is not just a figure of speech for packaged goods companies including Ralcorp Holdings' (RAH) Post Foods and PepsiCo (PEP)...