PepsiCo will invest $243 million to renovate its Westchester County headquarters, a move that will create 1,250 construction jobs and retain the 1,100 employees who work for the food-and-beverage giant, Gov. Andrew Cuomo will announce Friday. (Albany Watch)
The Coca-Cola Co. and its bottlers say they're more than doubling their investment Vietnam over the next few years, as the world's biggest beverage maker intensifies its push to capitalize on emerging markets. (BusinessWeek)
Coca-Cola Enterprises Inc. reported quarterly earnings on Thursday that beat analysts' estimates, helped by share buybacks, and said the stronger dollar was less of a drag than previously expected. (Reuters)
Pepsi Co and Tingyi (Cayman Islands) Holdings Corp said Thursday that they opened a beverage factory in Zhengzhou, capital of Central China's Henan Province, targeting central and western markets in China. (Global Times)
A Scottish brewing company is claiming they have created the world's strongest beer. The Brewmeister Brewery has concocted a beer they say is 65 percent alcohol by volume. (WXYZ.com)
McDonald's will start selling bags of ground coffee at its restaurants in Canada next month, a move that could spread to other regions around the world if successful. (The Seattle Times)