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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...

First Five Trucks in US Hit Streets of NYC PepsiCo’s 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,...

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...

NLPC is sponsoring a PepsiCo shareholder proposal asking for a report on the company’s lobbying priorities. At the PepsiCo annual tomorrow in Plano, Texas, I will argue that the company’s lobbying priorities are seriously out of whack. I will cite PepsiCo’s membership in U.S. Climate Action Partnership (USCAP), a coalition of corporations and environmental groups. USCAP’s 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...

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 PFLAG’s latest publication, a religious guidebook, wrongly labels ex-gay conferences as "anti-gay" and urges PFLAG members to protest religious conferences which...

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 PepsiCo’s proxy materials, and I will speak in its support at the company’s 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...

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. USCAP’s 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...

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....

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.

OSAKA (Kyodo) – Suntory Holdings Ltd. acquired a U.S. PepsiCo Inc. unit Friday, company officials said, for an estimated ¥10 billion. Suntory’s 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 world’s 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...

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....

Emailers protesting Wal-Mart support for Al Sharpton’s 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...

As we enter the eighth month of our punk presidency, the left’s 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...

The siege continues... Read »

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...

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...

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...

Liberal blogger David R. Mark recently wrote, “Those that call themselves ‘compassionate conservatives’ would never think to touch their fat-cat supporters. It’s much easier to spin the ‘economic benefits’ of helping huge corporations fatten their bottom lines.” Liberal academic Thomas Frank, in his book What’s The Matter With Kansas?, claims that the corporate world “wields the Republican Party as its personal political sidearm.” 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...

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...

On August 15th, I posted the following in response to Indra Nooyi’s 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...