Uncle Sam is always watching, even if you’re a major brand like Pepsi or Walmart. The Federal Trade Commission, or what we will call FTC from here on, has filed a major lawsuit against Pepsi for colluding with Walmart to keep prices lower at Walmart stores than any other stores.

A Walmart spokesperson told CNN that the company ... Quaker and Gatorade, the FTC alleged. The benefits disadvantaged family-owned grocers, local convenience stores and even larger chains ...

The lawsuit, filed on 17 January 2025, contends that PepsiCo's preferential treatment of a retailer constituted a breach of the Robinson-Patman Act (RPA), a legislation designed to protect fair competition by prohibiting anticompetitive price discrimination.

When Andrew N. Ferguson took the helm last week at the FTC, his first act wasn't to announce new ways to crack down on corporate practices thought to be unfairly driving up consumer prices, it was to attack federal diversity and inclusion efforts as a "scourge.

PepsiCo, Inc. (NASDAQ:PEP), a global leader in the food and beverage industry with a market capitalization of $208.7 billion, is navigating a challenging market environment as it seeks to maintain its competitive edge and drive growth.

FTC Chair Lina Khan stated that allowing such a merger would have created “a market that is less competitive and more susceptible to price manipulation.” Consumer advocacy groups had also argued that smaller suppliers and independent grocers would struggle to compete with a retail behemoth, potentially forcing local stores out of business.

In 2021, the FDA approved a new insulin drug, Semglee, that was interchangeable with a brand-name insulin called Lantus. Lantus cost $292 for a 30-day supply. Drugmaker Viatris launched two

Amazon's e-commerce dominance, bolstered by AI personalization, in my opinion, ensures continued top-line growth and stock outperformance against the S&P 500. Read more here.

Local liquor stores are concerned the bill will empower Walmart and big corporations to drive them out of the market.

It's the start of tax filing season. The IRS began accepting 2024 federal tax returns today. “I started having symptoms as a teen, and every doctor told me they didn’t find anything wrong.”

The pitch was so convincing that it made history on Shark Tank, bringing all five Sharks – Cuban, Kevin O'Leary, Daymond John, Lori Greiner and Robert Herjavec – together to invest a combined $1 million for a 30% stake,

As of now, the Chinese-based TikTok app remains unavailable in the United States App Store on iPhone, as the company failed to sell itself to a US owner, before last week’s ban came into effect.