PepsiCo to buy bottlers in $7.8 billion deal expands Cedar Rapids presence
PepsiCo plans to acquire Pepsi Bottling Group and PepsiAmericas for 7.8 billion dollars. The deals would give PepsiCo direct control of about 80 percent of its North American distribution and aim to cut costs while meeting demand for healthier beverages.
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Quaker
Cedar Rapids
Iowa
PepsiCo
Pepsi Bottling Group
PepsiAmericas
Sixth Ave
Brokaw Vending
Sherman Rd
Hiawatha
Kim
Katherine Brokaw
Somers
N.Y
North America
Pending U S home sales rise for fifth straight month in June
The National Association of Realtors reports a 3.6 percent rise in the pending home sales index to 94.6 for June, the fifth consecutive monthly gain. Analysts beat forecasts, citing low prices, mortgage rates and a tax credit for first time buyers as catalysts. Regional gains include the Midwest, South, West, and Northeast.
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Joel L. Naroff
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Midwest
South
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Income Down Spending Up in June Amid Rising Gas Prices
U.S. consumers boosted spending 0.4 percent in June as gasoline costs rose, though inflation adjusted spending fell 0.1 percent and personal income dropped 1.3 percent. Wages also slipped 0.4 percent. economists say income remains weak and spending will stay muted.
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Washington
Obama
Paul Dales
U.S
Capital Economics
Prairie grouse could limit regional wind energy growth
Prairie grouse in five state region could face Endangered Species Act listing. Lesser prairie chicken numbers have fallen about 80 percent since 1963 from habitat loss and drought, from an estimated 3 million to about 30,000. If listed, new wind towers may be restricted. grandfathered transmission lines may persist if built before listing.
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Texas Panhandle
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U.S. Fish and Wildlife Service
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