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Pepsi is acquiring food companies because it has a big food business and profits are good. The business isn't growing by leaps and bounds, but PepsiCo stock can be a safe option for investors ...

It's a new year for the IMSA WeatherTech SportsCar Championship, and the season kicks off with the Rolex 24 at Daytona. The championship, a 24-hour endurance race, features four different classes ...

The 63rd running of the Rolex 24 at Daytona International Speedway is over. And the winner is a repeat: the No. 7 Penske Porsche. Felipe Nasr drove the final leg for the Porsche's overall win ...

That's racin'. The closing hour of the 63rd Rolex 24 began to resemble the type of racing that has made Daytona synonymous with NASCAR and burly stock cars. Give-and-take took turns with take-and ...

The deal for Siete was announced back in October but closed this January. Pepsi is an enormous business, and for it $1.2 billion is relatively small. But any purchase over $1 billion is still ...

In a reversal of the cliché, Costco announced that soon it will no longer serve Pepsi products at its food court, so hopefully Coke is okay. Ron Vachris, CEO of the warehouse retail giant ...

Costco announced recently it would switch to using Coca-Cola products in its food court after using Pepsi products for the last decade. Costco CEO Ron Vachris announced Thursday that the ...

Costco’s CEO announced that the company is bringing back Coca-Cola products, replacing Pepsi. For decades, Coke was a centerpiece at Costco food courts, but the company switched to Pepsi in 2013.