Activist investor takes a $4 billion stake in PepsiCo, seeing a path to revive sales

Activist investor Elliott Investment Management is taking a $4 billion stake in PepsiCo, saying there’s an opportunity to turn the beverage company around ByMICHELLE CHAPMAN AP business writer September 2,…

Crash victims’ families prepare to make what could be their final plea for Boeing’s prosecution

Families who lost loved ones in two crashes of Boeing 737 Max jetliners may get their last chance to demand the company face criminal prosecution Wednesday. That’s when a federal…

Coming price cuts at McDonald’s may signal a broader fast food price war

McDonald’s is cutting prices on some combo meals to woo back customers who’ve been turned off by the rising costs of grabbing a fast food meal. The price drop may…

Kraft Heinz to split a decade after megafood merger

NEW YORK — Kraft Heinz is splitting into two a decade after a merger of the brands created one of the biggest food companies on the planet. One of the…

Top Japanese beverage giant Suntory’s chief resigns as he faces a drug probe

Takeshi Niinami, a Japanese business leader and CEO of beverage giant Suntory, has resigned as he is facing an investigation into his alleged possession of an illegal drug ByYURI KAGEYAMA…

Former Columbia University president Minouche Shafik tapped as UK economic adviser

British Prime Minister Keir Starmer has appointed economist Minouche Shafik as his chief economic adviser ByJILL LAWLESS Associated Press September 1, 2025, 8:00 AM LONDON — British Prime Minister Keir…

1.2M immigrants are gone from the US labor force under Trump, preliminary data shows

It’s tomato season and Lidia is harvesting on farms in California’s Central Valley. She is also anxious. Attention from U.S. Immigration Control and Enforcement could upend her life more than…

A downturn in international travel to the U.S. may last beyond summer, experts warn

LAS VEGAS — For a few hopeful weeks this summer, a bright billboard on the major highway linking Toronto to New York greeted Canadian drivers with a simple message: “Buffalo…

Asian shares mixed as reports show a marginally improved factory outlook for China

BANGKOK — World shares were mixed on Monday as investors watched for further developments after a U.S. court ruled against President Donald Trump’s sweeping higher tariffs. U.S. markets were to…

‘Fields of rubble’: Israel, destroying Gaza City, kills 78 across enclave

Israel has stepped up its destruction of Gaza City as it plans to seize Gaza’s largest urban centre and forcibly displace around one million Palestinians to concentration zones in the…