Senators Race To Sell Bipartisan Infrastructure Pact
Senators labor to rally support for a near trillion dollar infrastructure package before a key vote this week. The plan ties $110 billion for roads and bridges and $55 billion for water and wastewater systems with $39 billion for transit and $66 billion for rail, plus funds for airports ports broadband and EV charging. Interest groups clash over provisions as supporters push toward Biden’s agenda priority.
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NYC and Big Employers Enforce COVID-19 Vaccine Proof
New York City joins Microsoft Tyson Foods and the U S auto industry in mandating vaccine proof to access indoor venues as delta surges. Mayor de Blasio cites urgent need while Tyson Foods sets a three month timeline for U S employees. Microsoft plans proof of vaccination from September for staff and visitors. Union automakers resume masking. Toyota to follow at most sites.
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PepsiCo to Sell Tropicana Juice Unit in 3.3 Billion Deal
PepsiCo will sell Tropicana and Naked Juices to a private equity firm in a 3.3 billion dollar deal, while keeping a 39 percent non controlling stake in a new joint venture with PAI Partners. The deal reflects weak juice demand as consumers shift to healthier options with less sugar.
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