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PepsiCo Inc.

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The Centre for Environmental Health has said that PepsiCo Inc. (NYSE:PEP) has not removed a high levels of a carcinogen from its formula, despite the company’s assurances that it has removed the formula. CEH tested samples of Pepsi purchased from California and 10 other states and found a cancer causing chemical called 4- methylimidazole, or 4-Mel which forms during the caramel colouring process.

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And here we go again. The rivalry between Coca-Cola and PepsiCo seems to be endless and India is a new battlefield of the two soft-drink giants as PepsiCo Inc. will sponsor the Indian Premier League which is due to start on the 3rd of April. The move is aimed at winning a bigger market share in the fast growing India and the sponsorship of the cricket tournament is expected to help in that as the game is almost a religion in the South Asian country. PepsiCo Inc. reposes hope in the title sponsorship for five years staring in 2013.

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PepsiCo Inc. informed on Tuesday that its president, John Compton, resigned from the post to run a large privately held company in the state of Tennessee, Pilot Flying J Oil Corp. John Compton’s resignation comes as a surprise after less than a year on the job. Zein Abdalla has been appointed John Compton’s successor.

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Newspaper ads run on Wednesday, and supported by nutrition experts and consumers, urged the fast food chain, McDonalds’, to put childrens’ health first, and …

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