August 16, 2006
INDRA NOOYI, THE NEW chief executive of PepsiCo, isn't just the 11th woman to lead a Fortune 500 company. She's also the latest of a growing number of foreign-born executives who do so. Globalization may be a tiresome buzzword in some circles, but in corporate America it's a practical necessity. Nooyi was born and raised in India. Douglas N. Daft, her onetime counterpart at Coca-Cola, is Australian. Her counterpart at Coke now, E. Neville Isdell, is from Ireland.
October 23, 2005 |
TELEVISION, particularly reality TV, is erasing the line between content and advertising by clumsily grafting sponsors' car brands, soft drinks and other products into story lines. American television has always been a commercial medium. Advertisers pay the bills. Early shows, following radio's lead, often jumped through hoops to promote sponsors -- beginning with the launch of Texaco Star Theater in the 1940s. But this commercialization never penetrated the artistic product.
CALIFORNIA | LOCAL
July 3, 1992 |
The signs for Robert Martinez were not good when he arrived at the hospital four months ago. They rarely are when a body is stripped almost completely of the familiar insulating layer called skin. With more than 80% of his body burned in a refinery steam explosion and his lungs horribly damaged by contaminants from the blast, Martinez could breathe only with the aid of a ventilator as he lay comatose in his specially equipped bed at Torrance Memorial Medical Center.
March 11, 1999 |
PepsiCo Inc. will begin running new ads Friday for its Pepsi One diet cola during NCAA basketball tournament TV broadcasts. The commercials feature MTV personality Tom Green pouring the drink for college students on various campuses. Actor Cuba Gooding Jr., who appeared in earlier Pepsi One ads, will return later this year.
February 19, 1985
Pepsi-Cola will become available to millions of Chinese for the first time when the bottling plant is opened in the Canton province later this year, Pepsi-Cola International reported. The American soft-drink manufacturer said the plant will produce Pepsi, Mirinda Orange and Teem exclusively for the Chinese market and bring Pepsi-Cola's production in China to 10 million cases a year.
February 21, 1985 |
Pepsi-Cola has signed up former Democratic vice presidential candidate Geraldine A. Ferraro to appear in a Diet Pepsi advertising campaign, according to an ad industry publication. Advertising Age reported in its current edition that Pepsi is signing up celebrities, or "leaders in their fields," to appear in the campaign, which will be shown to bottlers in Los Angeles next weekend.
July 22, 1988 |
Massachusetts Consumer Affairs Secretary Paula Gold on Thursday issued a challenge to world heavyweight boxing champion Mike Tyson, or at least to the makers of the diet cola product he endorses. Gold asked the Coca Cola and Pepsi Cola companies to substantiate advertisements now being run that tout taste tests results showing Diet Coke and Diet Pepsi are both No. 1.
December 3, 2003 |
PepsiCo Inc. said it would reorganize its North American soft drink business, reversing changes made just 18 months ago, and close a Frito-Lay plant in Kentucky. The cost-cutting moves will reduce the North American workforce by about 750 and reverse Pepsi's June 2002 consolidation of its North American drinks business into one unit. Pepsi said it would record restructuring charges of about 6 cents a share in the fourth quarter. Its shares fell 57 cents to $48.14 on the NYSE.
November 4, 2008 |
PepsiCo Inc. plans to invest $1 billion in China in the next four years to increase production in the world's most populous nation. The company also intends to boost local research and development, launch products, expand its sales force and build its brand in China.