PepsiCo will increase the prices of its products this year, the company said on Tuesday after it raised its full-year earnings forecast on surging demand for its sodas from pandemic-weary people flocking to restaurants and theaters. A host of factors, including disruptions in global supply chains and rising demand, has pushed up raw-material prices, forcing packaged … Read more
McDonald’s owners will offer emergency child-care benefits, tuition help and other perks to employees as the fast-food behemoth looks to lure workers amid the nationwide labor shortage. The chain’s US franchisees are also planning to raise hourly pay and offer more paid time off to attract new workers, retain existing ones and improve the company’s image … Read more
Verizon is cracking down on obnoxious spam calls that target consumers by using area codes and phone numbers that are similar to their own. So-called “spoofing” calls will be filtered out by a new tool that is available for free for Verizon customers, the cell service provider said Monday. The new tool is called the … Read more
Sam’s Club is testing technology that allows shoppers to scan big items at its stores and have them shipped to their homes. The “scan and ship” pilot by the Walmart-owned warehouse club is aimed at bulky merchandise like patio furniture, mattresses, grills and large televisions that don’t fit into customers’ cars, the company said on … Read more
Goldman Sachs said second-quarter earnings surged past analyst expectations as dealmaking stays hot and the economy continues its roaring recovery. The Wall Street giant on Tuesday reported $5.49 billion in profit on $15.39 billion in revenue — far more than the $12.17 billion in revenue bank analysts had expected. Earnings per share were $15.02 compared … Read more