PepsiCo names Ramon Laguarta next chief as Nooyi steps down
Indra Nooyi will relinquish the CEO and chair roles at PepsiCo with Ramon Laguarta named her successor. Laguarta, 22-year veteran and current president, will become the sixth CEO as Nooyi leaves executive leadership in October and chair duties in early 2019.
MENTIONED IN THIS ARTICLE
PepsiCo
Indra Nooyi
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Ramon Laguarta
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Evan Vucci
MoviePass to limit users to three films a month
MoviePass will cap subscribers at three movies per month starting Aug 15, moving away from daily access amid cash strain. The plan keeps prices at $9.95 and allows discounts on extra tickets, with peak pricing suspended and Aquaman access preserved during opening weekend.
MENTIONED IN THIS ARTICLE
MoviePass
Mitch Lowe
Lowe
Securities Exchange Commission
Helios and Matheson Analytics
HMNY
Wall Street Journal
Yield curve flattens significantly as rate gaps shrink
The yield curve, comparing returns on 3 month, 2 year, 5 year, 10 year, and 30 year Treasuries, shows a normal shape but with a notable flattening in recent months. Shorter maturities pay 1.984 percent, rising to 3.08 percent for 30 years, signaling shifting expectations for future growth and potential transitions in the cycle.
MENTIONED IN THIS ARTICLE
U.S. Treasurys
Treasury
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