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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.

With 20,000 attendees and corporate outposts by the score, this year's South by Southwest Interactive has a carnival-like atmosphere. From its origin as a sort of spring break for nerds, the event has grown into something more like Disneyland for adults.

The Center for Science in the Public Interest today called on the U.S. Food and Drug Administration to ban the use of certain caramel coloring in foods and sodas including Coca-Cola and Pepsi products, pointing to research that showed the additive caused cancer in lab mice and rats. "If consumers...

Not surprisingly, when NPR's This American Life program released a recipe for the drink earlier this week, it quickly captured the attention of the chattering class. A closer look, however, shows that real thing's real secret is still safe.

Companies donate millions to charities, museums and educational programs, but many struggle to recoup any benefits from their giving. Here's how Pepsi succeeded in building brand loyalty with a new generation of buyers by using a clever strategy for community grants.

PepsiCo (PEP) will buy a 66% stake in Russian food and beverage company Wimm-Bill-Dann Foods for $3.8 billion. The deal will make Pepsi the largest food and beverage company in Russia, the company said in a statement. It will also boost annual global revenues from "nutritious and functional...

Are you a cash-strapped college student? Do you like keeping your student loan debt to a minimum? Are you a leader in your community? If so, then you need to apply for a Pepsi Scholarship. Pepsi Corporation has many divisions that offer scholarships to help students pay the high cost of higher...

PepsiCo (PEP) reported Thursday that its third-quarter net income grew by 12% to $1.22 per share, in line with analyst estimates, as revenue jumped 40%, driven by broad-based gains across its snack and beverage portfolio and the acquisition of its two bottlers. But the company trimmed the top end...

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.