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Keyword: pepsico
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PepsiCo just announced earnings, and proposed a devastating strategy outlook for both the company and its employees. It announced that it will cut about 3% of its workforce, or 8,700 employees.
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Massimo d'Amore, the divisive figure at the center of many of PepsiCo's biggest marketing campaigns over the past several years, is retiring. -snip- Mr. d'Amore has cast a long shadow at PepsiCo and in the marketing world. A charming Italian, he has been lauded as both innovative and creative, but has also been a lightning rod for controversy. He oversaw the creation of new logos, packaging and marketing campaigns for several brands, including Pepsi, Tropicana, Gatorade, Mtn Dew and Sierra Mist.
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Little upsets pro-life people more than learning that things they consider innocent are actually tainted with the shedding of innocent blood. This long list of guilt-ridden products includes childhood vaccines, wrinkle creams and even your favorite soft drinks and chewing gum The problem is, its hard to keep it all straight even if you are trying to avoid putting products in you that are obtained through the death of a baby. Fortunately, Children of God for Life has produced an easy reference guidea one page list of fetal call products. CLICK HERE FOR A PDF DOWNLOAD OF FETAL CELL PRODUCTS....
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Last week Frito-Lay, the $12 billion snack foods division of PepsiCo, boasted it would add 10 all-electric delivery trucks in Orlando, Fla. , as part of its plan to deploy 176 such vehicles in the U.S. and Canada by the end of year. As is custom with corporate announcements that proclaim their eco-accomplishments, so as to pacify persistent climate alarmists , Frito-Lay said the vehicles would emit zero pollutants from tailpipes and release 75 percent fewer greenhouse gases than diesel. The ETs (electric trucks) can allegedly run 100 miles on a single charge, and Frito-Lay says the groundbreaking new...
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Are the anti-Wall Street protestors demonstrating against themselves? The richest and most prominent Wall Street executives almost overwhelmingly supported and bankrolled Barack Obama's presidential campaign in 2008. And on Wall Street, little distinction is made between liberal Democrats and avowedly socialist activist groups. The big banks financed ACORN. Although ACORN has disbanded in the wake of scandal, the JPMorgan Chase Foundation, formerly headed by White House Chief of Staff William Daley, continues to fund similar groups committed to undermining capitalism and debasing democracy. Goldman Sachs and other big financial institutions lobbied for Dodd-Frank, which institutionalizes the "too big to...
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Score one for the Coca-Cola Company. Diet Coke unseated Pepsi as the second most popular carbonated soft drink in 2010, according to data from Beverage Digest. -snip- The switch marks a sea change in the industry. According to John Sicher, the editor and publisher of Beverage Digest, Pepsi has held the second position "for decades." Sicher attributed the decline in Pepsi's market share to its Pepsi Refresh Project marketing campaign, which is focused on community service.
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Mixing religion and humor is always risky. Throw in major brand names and what do you get? Instant controversy -- even if the brands took no part in the creative. That has certainly proved the case with one of the consumer-generated entries for this year's Doritos/Pepsi MAX "Crash the Super Bowl" challenge -- a contest that will result in six winning videos being broadcast as ads for the PepsiCo/Frito-Lay brands during Super Bowl XLV. The creators of the winning videos will also have a shot at sharing a prize pool that could reach $5 million, depending on how the ads...
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After the failure in Copenhagen last year for countries who hoped for a successor agreement to the 1997 Kyoto Protocol on global warming, lower expectations surrounded this year's version of the UN Framework Convention on Climate Change in Cancun. That's not the same as saying desires for a massive wealth transfer from developed countries to developing countries was diminished -- it's just that they went about it differently. One effort was to put pressure on nations to create and finance a Global Climate Fund, and the creation part was successful. As the proceedings commenced, the international poverty-and-justice group...
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PRINCETON, N.J. -- Princeton University students voted down a referendum by a pro-Palestine student group calling for the Ivy League university to expand its hummus offerings, the school's student government said Friday. It was a quirky campus vote about a chickpea dip that delved into international relations. The student group Princeton Committee for Palestine wanted university-run stores to sell an additional brand, arguing that Sabra, the only brand currently offered, supports human rights abuses. Sabra is based in Queens, N.Y., and Richmond, Va. Company officials say the firm makes donations only to charities in North America - and not to...
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First Five Trucks in US Hit Streets of NYC PepsiCos Frito-Lay North America division is setting the wheels in motion for what will ultimately be the largest fleet of commercial all-electric trucks in North America this week. New York City will become the first U.S. city to receive its favorite snacks from fully-electric delivery trucks, with five new trucks beginning routes this month. In total, Frito-Lay will be deploying 21 electric trucks this year. The company projects it will roll out 150 additional trucks in 2011, making Frito-Lay the largest commercial fleet of all-electric trucks in North America. The trucks,...
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The ex-gay movement is gaining momentum. Last week Greg Quinlan, a former homosexual and one of the leaders of PFOX (Parents and Friends of Ex-Gays and Gays), gave a powerful speech before the PepsiCo Board of Directors at the at the Pepsi's shareholders meeting. Greg told PepsiCo to stop funding homosexual activists groups that promote hate against people like him and organizations like PFOX. PepsiCo is one of the nation's major funders of the radical homosexual movement. In particular, they fund PFLAG, which is a hardcore group that organizes across the country in liberal churches and also targets children in...
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NLPC is sponsoring a PepsiCo shareholder proposal asking for a report on the companys lobbying priorities. At the PepsiCo annual tomorrow in Plano, Texas, I will argue that the companys lobbying priorities are seriously out of whack. I will cite PepsiCos membership in U.S. Climate Action Partnership (USCAP), a coalition of corporations and environmental groups. USCAPs mission is to quickly enact strong national legislation to require significant reductions in greenhouse gas emissions. The House of Representatives has obliged in the form of the Waxman-Markey bill that would destroy over 1.1 million jobs, hike electricity rates 90 percent, and reduce the...
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Plano, Texas, Mar 30, 2010 / 12:41 am (CNA).- Shareholders of PepsiCo should vote for a shareholder proposal that the food, drink and snack company disclose its standards for donating over $75 million in corporate assets to controversial groups such as those advocating homosexual causes, an ex-gay group says.PepsiCo, Inc. is the leading corporate sponsor of Parents, Families and Friends of Lesbians and Gays, Inc. (PFLAG). The group Parents and Friends of Ex-Gays & Gays (PFOX) has charged that PFLAGs latest publication, a religious guidebook, wrongly labels ex-gay conferences as "anti-gay" and urges PFLAG members to protest religious conferences which...
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The Securities and Exchange Commission (SEC) has ruled that PepsiCo may not exclude a shareholder proposal filed by NLPC that asks the company for a report on its lobbying priorities. PepsiCo is a member of the U.S. Climate Action Partnership (USCAP), a coalition of corporations and environmental groups that lobbies for the disastrous cap and trade legislation. Our resolution will appear in PepsiCos proxy materials, and I will speak in its support at the companys annual meeting this spring.By trying to preclude a shareholder discussion of this and other issues, PepsiCo CEO Indra Nooyi seems unwilling to publicly defend the...
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Although they never should have been a part of it in the first place, three major companies have exited the U.S. Climate Action Partnership (USCAP), a coalition of corporations and environmental groups. USCAPs mission is to quickly enact strong national legislation to require significant reductions in greenhouse gas emissions. The House has obliged and the result, the Waxman-Markey bill, is too strong for both the Senate and the American people. Instead of taking a principled stand against massive government intervention in the energy economy, corporate executives argued that global warming legislation was coming anyway, so it was better to...
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Employing a broad-based lobbying effort, the soft drink industry has smothered a plan to tax sugared beverages a plan advocates said would have reduced obesity and helped finance health care reform. Only months ago, public health advocates thought the tax would be a natural for congressional Democrats looking for revenues to fund expanded health insurance coverage. The soaring costs of treating ailments related to excess weight including diabetes and heart disease added urgency to the issue. But the White House staff reviewing funding options never embraced the idea even after President Barack Obama expressed interest last summer....
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PepsiCo shareholders' enthusiasm for CEO Indra Nooyi is beginning to fizzle. Amid a stock that has lagged archrival Coca-Cola's, and flagging beverage sales, a number of investors say Nooyi faces a significant test in 2010 to turn around the Purchase, NY, company's fortunes or get an earful from an increasingly impatient shareholder base.
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OSAKA (Kyodo) Suntory Holdings Ltd. acquired a U.S. PepsiCo Inc. unit Friday, company officials said, for an estimated „10 billion. Suntorys acquisition of Conway-Myrtle Beach Inc., a franchise bottler based in South Carolina, comes as Suntory is holding merger talks with Kirin Holdings Co. that would create one of the worlds largest beverage and food firms. Suntory, which has the exclusive sales rights to PepsiCo products in Japan, bought the assets and exclusive marketing rights from Conway-Myrtle Beach through a joint venture with PepsiCo. The firm buys ingredients from PepsiCo and sells the products in South Carolina. The...
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What's the cost of not showing up to court? For PepsiCo Inc., it's a $1.26 billion default judgment. A Wisconsin state court socked the company with the monster award in a case alleging that PepsiCo stole the idea to bottle and sell purified water from two Wisconsin men. Now the company is scrambling to salvage the situation. The damages award was handed down on Sept. 30. PepsiCo filed motions to vacate the order and dismiss the claims on Oct. 13, saying it wasn't even aware of the lawsuit until Oct. 6....
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Emailers protesting Wal-Mart support for Al Sharptons group, the National Action Network, are getting the following response: Walmart supports the National Action Network (NAN) as part of an ongoing effort to partner with national organizations that support issues and initiatives of importance to our customers, and the communities we serve.Our support for NAN is focused on addressing health and wellness issues and other issues important to our customers and associates. Our company will continue to support organizations that can further our mission to help people live better. Emails to PepsiCo are getting this reply: As a global consumer products company...
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As we enter the eighth month of our punk presidency, the lefts desperation to enact the slow but sure evolution to statist health care favored in reality by Barack Obama has reached a fever pitch. Not coincidentally, boycott fever seems to be sweeping the nation. Two of them, assisted heavily by establishment media coverage, are quite visible. One that is perhaps as effective is largely unrecognized in elite circles. Finally, the most effective one may be a totally unorganized refusal to buy largely lurking behind the scenes. First, there is the situation with Whole Foods Market Inc. (WFMI). In an...
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The siege continues... Read »
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Pepsico's board of directors has heard from a traditional values group about their support of the homosexual agenda -- and its alienation of the company's consumer base. At the Pepsico board meeting in Dallas on Wednesday, Greg Quinlan of PFOX -- Parents and Friends of Ex-Gays and Gays -- offered a resolution to the board calling for full disclosure and accountability on contributions to charitable organizations. He tells OneNewsNow why he called on shareholders to support Resolution No. 6. "Pepsico is giving a million dollars to the homosexual agenda, supporting groups like HRC, the Human Rights Campaign...the ninth-largest of all...
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Fast food giant Kentucky Fried Chicken is to launch a halal-only menu in eight of its London stores in a move which could be extended to other areas of the UK. The menu, which will form part of a trial, will see the stores selling chicken products which have been fully approved by the Halal Food Authority for the first time. KFC has 720 stores across the UK, and bosses said the move was designed to ensure the company was catering to a broader range of customers, following a growing demand for halal products. It is the latest fast food...
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PepsiCo Inc. will spell out that its Aquafina bottled water is made with tap water, a concession to the growing environmental and political opposition to the bottled water industry. According to Corporate Accountability International, a U.S. watchdog group, the world's No. 2 beverage company will include the words "Public Water Source" on Aquafina labels. "If this helps clarify the fact that the water originates from public sources, then it's a reasonable thing to do," said Michelle Naughton, a Pepsi-Cola North America spokeswoman. Pepsi Chief Executive Indra Nooyi told Reuters earlier this week the company was considering such a move. Pepsi's...
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Liberal blogger David R. Mark recently wrote, âThose that call themselves âcompassionate conservativesâ would never think to touch their fat-cat supporters. Itâs much easier to spin the âeconomic benefitsâ of helping huge corporations fatten their bottom lines.â Liberal academic Thomas Frank, in his book Whatâs The Matter With Kansas?, claims that the corporate world âwields the Republican Party as its personal political sidearm.â Both Mark and Frank express a common view that corporations are major funders of the political right, and that when corporations make contributions to nonprofit advocacy groups they give to groups on the right because those groups...
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PepsiCo Inc said on Monday that its president and chief financial officer Indra K Nooyi will become chief executive officer of the world`s second-largest soft-drink maker. Nooyi, 50, is slated to replace CEO Steven Reinemund on October 1. Reinemund, 58, will continue as chairman of the board until his retirement in May 2007. Reinemund has worked for PepsiCo for 22 years, serving as chairman and CEO for five. He said in a statement he is retiring to spend more time with his family. Nooyi`s CFO responsibilities will be divided between PepsiCo International CFO Richard Goodman and Senior Vice President Hugh...
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On August 15th, I posted the following in response to Indra Nooyis appointment as CEO of Pepsico: This is a copy of the letter I just sent to Pepsico. Dear BOD: I have been a consumer of Pepsi products as long as I can remember. Indeed, my grandfather bought Pepsi stock in the post-depression era which was subsequently willed to my parents. However, that came to an end today when you announced the appointment of Indra K. Nooyi as your new CEO. I have read her speech where she referred to the US as the "middle finger" of a world-wide...
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Pepsico Inc. Chief Financial Officer Indra K. Nooyi will replace Steven Reinemund as chief executive, the Pepsi-Cola and snacks company said yesterday, making her the No. 2-ranked female CEO in the Fortune 500. With her Oct. 1 appointment, Mrs. Nooyi takes her place in an elite group of 11 female CEOs running Fortune 500 companies. Patricia Woertz at agricultural processor Archer Daniels Midland Co. ranks first. ADM is ranked 56th in the Fortune 500, while Pepsico, the world's second-largest soft-drink company after Coca-Cola Co., is ranked 61st. "I'm very excited and at the same time very humbled," she told analysts...
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PepsiCo announced today that Steve Reinemund, 58, Chairman and CEO, will retire next May. "After 22 years with PepsiCo, more than five of them as Chairman and CEO... The board of directors has elected Indra K. Nooyi, 50, as CEO effective October 1, 2006. Mr. Reinemund will serve as Executive Chairman of PepsiCo and will continue to serve as a member of the board of directors until his retirement in May, 2007.
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A shareholder group is gaining momentum in its efforts to pressure companies to disclose charitable giving -- with donations linked to the Rev. Jesse Jackson... The National Legal and Policy Center has stepped up efforts to require corporations to disclose more details about their donations... The Rainbow/PUSH Citizen Education Fund, which in 2001 provided payments to Jackson's former mistress. The Church Falls, Va.-based non-profit group hit two shareholders meetings this week -- Boeing on Monday and PepsiCo Inc. on Wednesday. "Many shareholders would certainly object to their money going to a controversial and divisive figure like Jesse Jackson," said Peter...
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In the never-ending quest to sell more product, corporate advertising Solons scrutinize mountains of demographic data to slice and dice market segments into assorted variables measurable characteristics like age, income, gender, location and other factors that help to pinpoint likely future customers. There's nothing particularly wrong with this, and in fact, it usually makes a lot of sense. That's why tires, transmission and Super Bowl tickets are advertised in the sports sections of newspapers preponderantly read by men. White sales, ads for drapes and rug clearances are generally in the women's pages. Starting in the late 1960s, when...
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In Surat, Muslims are joining hands to fight the great American multinational invasion. Handbills asking the community to shun American multinationals like Coke and Pepsi are being circulated outside mosques and madrasas and in Muslim-dominated areas of the city. The handbills, in the name of Nandurbar-based Jamia Islamia Ishaatul Uloom Akkalkuwa a renowned centre of learning, seem to have struck a chord for many are boycotting American products in the holy month of Ramzan. The handbills, which carry an appeal to boycott American as well as Jewish products, are being circulated in Rander, Sagrampura, Zampa Bazaar, Chowk Bazaar, Hodi...
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Pepsi bids for Danone... Interesting articles from AP and USA Today (with copyright so not posted).
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Allstate on list of top 10 pro-'gay' firms Insurance giant target of lawsuit over column critical of homosexuality -------------------------------------------------------------------------------- Posted: July 15, 2005 1:00 a.m. Eastern © 2005 WorldNetDaily.com Allstate, the insurance company being sued by a former employee who was fired after writing a column critical of homosexuality, is one of the top 10 firms supporting the "gay" lifestyle. The list, compiled by Diversity Inc., includes, in ranked order: Eastman Kodak, Ford Motor Company, Citigroup, D&T USA, PepsiCo, Merck & Company, Kaiser Permanente, Visteon Corporation, Allstate Insurance and The Coca-Cola Company. As WorldNetDaily reported, a former manager at Allstate's...
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WASHINGTON - Gay and transgender workers were more likely than ever to receive domestic-partner health benefits last year, and more companies are adopting nondiscrimination policies to protect them, a leading gay- activist group reported. But gays' workplace gains have slowed since the '90s, according to figures that the group, the Washington-based Human Rights Campaign, compiled for its annual "State of the Workplace" report. That's probably because of the rising costs of health benefits. Social conservatives said their resistance to such efforts was a factor. Fortune 500 companies were most likely to protect gay and transgender workers, according to the survey....
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Like most of you, I was irritated at un-American comments made by Indra Nooyi (Pepsico's President) last month. I decided to do something about it. I wrote Steve Reinemund, the Chairman and CEO, and explained my displeasure at Ms Nooyi's comments and told him that I thought they were not miscontrued or mis-understood. I also informed Mr Reinemund that I was starting a personal boycott of Pepsi products until I was given a good reason not to. I asked what He was going to do to resolve this matter. Below is Pepsico's response... Typical corporate, butt covering pablum from a...
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Memo to Neville Isdell, CEO, Coca-Cola: Major E. is Thirsty! Hey, Coca-Cola: Carpe diem! Seize the Day! Your moment is now! I understand that you don't want to make too unseemly a display of rejoicing at Pepsi's self-immolation, but now is the time to act. I do hate to give away free consulting, but here's what you need to be doing: MEMORANDUM TO E. NEVILLE ISDELL Chairman, Board of Directors, and Chief Executive Officer The Coca-Cola Company I don't know if anybody at the Coca-Cola Company has noticed, but your number one competitor has been in a bit of hot...
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WHEN THE HARVARD-YALE FOOTBALL GAME was played in Cambridge last fall, Yale students pulled off one of the great college pranks of all time. During the game a fake Harvard pep squad wearing red and white face paint distributed 1,800 pieces of construction paper on seats covering the Harvard side of the stadium. When turned over in unison by the occupants of the seats, they were purportedly to spell out "Go Harvard." Instead, they spelled out "We suck." (See the Harvard Sucks website for the back story and multimedia presentations.)The Columbia Business School MBA recognition ceremony took place at Madison...
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Apparently PepsiCo's President and CFO, Indra Nooyi, thinks the USA is giving "the finger" to all the world. That's right, she was heard to claim that the USA is flipping the bird to every other nation on earth in a commencement address she gave to the graduates of Columbia Business School on May 15th. All commencement speakers have the singular problem of finding a way to give their address a "hook", a way to grab the audience. Indra Nooyi chose as her "hook" an analogy of the five fingers of the hand as representing the five major continents. With apologies...
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Dear Mr. Laughter, Thank you for contacting us about Indra Nooyis recent commencement speech at Columbia University, which has created a difficult situation. Please know how sorry we are for disappointing you and how much we appreciate your input. Feedback such as yours has been shared directly with Indra, and she clearly regrets this unfortunate episode. With that in mind, Indra has asked us to share this statement with you: "Following my remarks to the graduating class of Columbia University's Business School in New York City, I have come to realize that my words and examples about America unintentionally...
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For a glimpse of the blogosphere's growing power, witness the brouhaha now afflicting PepsiCo (PEP ) over comments earlier this week by President and CFO Indra Nooyi before the graduating class of Columbia University's B-school. Her comparison of the five major continents to the five fingers on her hand -- with the U.S.(not a continent, mind you) being the controversial middle finger and Africa the often-ignored pinkie -- will strike many as entirely innocuous. As she put it: "Each of us in the U.S. -- the long middle finger -- must be careful that when we extend our arm in...
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Rush Limbaugh sounds off on controversy as many urge boycotts, firing of president An apology by PepsiCo's president who likened the United States to a middle finger is apparently doing little to calm outrage caused by her remarks. In the wake of WorldNetDaily's coverage of Indra Nooyi's commencement speech to graduates at Columbia Business School in which she compared the U.S. to the middle finger with both positive and negative connotations, consumers are vowing to boycott the company, and the topic is being widely discussed on talk radio.
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As I sit here drinking a Diet-Pepsi I'm wondering, why should I drink something that tastes this bad after PepsiCo president Indra Nooyi's speech at Columbia. Americans are dying every day bringing freedom to Iraq and Afghanistan, and killing terrorists who target much of the world to which Nooyi thinks we are giving "the finger." Does Diet Coke really taste that much worse than Diet Pepsi? If Donald Sensing, who actually likes the drink, is considering a boycott, so should I.
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Apparently PepsiCo's President and CFO, Indra Nooyi, thinks the USA is giving "the finger" to all the world. That's right, she was heard to claim that the USA is flipping the bird to every other nation on earth in a commencement address (this link is a PDF file) she gave to the graduates of Columbia Business School on May 15th. All commencement speakers have the singular problem of finding a way to give their address a "hook", a way to grab the audience. Indra Nooyi chose as her "hook" an analogy of the five fingers of the hand as representing...
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Nooyi apologises for 'slight of hand' to protect PepsiCo TIMES NEWS NETWORK[ SATURDAY, MAY 21, 2005 12:27:06 AM] Sign into earnIndiatimes points MUMBAI: Indra Nooyi, whose America-as-the-middle-finger remarks ignited a raging blogstorm in the US, has tendered a formal apology after an initial clarification failed to douse irate Americans calling for a Pepsi boycott. I appreciate the honest comments that have been shared with me since then, and am deeply sorry for offending anyone, she said in a statement posted on the Pepsi website. Over the years I have witnessed and advised others how a thoughtless gesture or comment can...
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Pepsi's Nooyi gets the blues from red Repubicans CHIDANAND RAJGHATTA TIMES NEWS NETWORK[ FRIDAY, MAY 20, 2005 11:22:23 AM ] Sign into earnIndiatimes points WASHINGTON: When Pepsico President and CFO Indra Nooyi agreed to deliver the commencement address to Columbia University's MBA class of 2005 last Sunday, she must have recalled her own days as a b-school graduate at Yale in the 1980s, when American college campuses were predominantly liberal. In fact, not much has changed. A recent survey published by the Liberty Institute shows that most American campuses are still deep blue, more so in the Democratic strongholds stateside....
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Pepsi president likens U.S. to middle finger Food giant now doing damage control in wake of speech to Columbia grads -------------------------------------------------------------------------------- Posted: May 20, 2005 1:00 a.m. Eastern By Joe Kovacs © 2005 WorldNetDaily.com Food giant PepsiCo is now fizzing in damage-control mode after the company's president likened the U.S. to a middle finger. The remarks by Indra Nooyi, an India-born woman who also serves as PepsiCo's chief financial officer, came during a speech Sunday to graduates at Columbia Business School in New York, some of whom took offense as an anti-American attack.
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The remarks by Indra Nooyi, an India-born woman who also serves as PepsiCo's chief financial officer, came during a speech Sunday to graduates at Columbia Business School. Nooyi then went on to say the five major continents in the world can each be represented by a finger on the hand. She said Africa was the pinkie; She said our thumb is Asia; Europe was compared to the index finger; South America, including Latin America, was likened to the ring finger; She said her analogy "leaves the long, middle finger for North America, and in particular, the United States.
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An e-mailer forwarded the latest from Pepsico: "Thank you again for contacting us about Indra Nooyi's recent commencement speech at Columbia University, which has created a difficult situation. Overriding everything else, please know how sorry we are for disappointing you - and how much we appreciate your input. Feedback such as yours has been shared directly with Indra, and she clearly regrets the reaction that this unfortunate episode has caused. With that in mind, Indra has asked us to share this statement with you: "Following my remarks to the graduating class of Columbia University's Business School in New York City,...
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