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PepsiCo plans $4B investment in Mexico

The company will construct a production plant in Guanajuato, its first new Mexican facility in two decades.

Carey out as Pepsi CEO; company establishes separate chief execs for...

Upon Albert P. Carey's retirement in March, Vivek Sankaran will become CEO of Frito-Lay North America and Kirk Tanner will become CEO of North America Beverages.

PepsiCo to buy SodaStream for $3.2 billion

Based in Israel, SodaStream manufactures home devices that allow customers to create carbonated water from tap water.