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BusinessPepsiCo is struggling to boost growth and profits in North America due to weak demand for its snacks and drinks and rising input costs. CFO Steve Schmitt said recovery is slower than expected, prompting new cost-cutting measures. CEO Ramon Laguarta noted these cuts will fund investments to increase sales growth. Competition from GLP-1 weight-loss drugs also pressures demand.
HT World·
TechnologyRahul Gandhi reacted to Elon Musk's tweet questioning if Ambani is the real boss of India. This exchange occurred shortly after the Ministry of Communications dismissed Musk's claims that vested interests were obstructing Starlink's operations in India, clarifying that all satellite communication firms follow the same regulations.
Mint·
EntertainmentOn the KBC 18 stage, Amitabh Bachchan emotionally remembered the late Nana Patekar, a legendary actor in Hindi and Marathi cinema. Bachchan paid a heartfelt tribute, highlighting Patekar's unique acting, simplicity, courage, and social service. He expressed deep sorrow over Patekar's sudden demise, calling him an exceptional artist, friend, and philanthropist who left a lasting impact on Indian cinema and those who knew him.
Aaj Tak·
EntertainmentVeteran Indian actor Nana Patekar passed away at age 75 on the morning of October 8. His body is kept at his Pune farmhouse 'Nanachi Wadi' for fans and close ones to pay respects. Preparations for his state funeral are underway, with his son Malhar to perform the last rites. Maharashtra CM Devendra Fadnavis met the family to offer condolences.
Aaj Tak··Pune
PoliticsTexas Democrat James Talarico, leading in polls against incumbent Ken Paxton, has been absent from his campaign due to influenza. President Trump, supporting Paxton, accused Talarico of being "missing in action" and hinted at "bad rumors" about him. Despite Talarico's illness, he maintains a six-point lead in recent polls ahead of the November midterm elections in Texas.
HT World··San Antonio
PoliticsUS President Donald Trump warned against using the term "artificial intelligence," insisting on the phrase "super intelligence." He stated on Truth Social that anyone using the old term is "THE ENEMY." Trump first proposed this change at the UN General Assembly and signed an executive order mandating "super intelligence" for US government use, though it doesn't apply to private companies. Some tech leaders like Mark Zuckerberg and Elon Musk have adopted the term.
News18 World·
HT World·
PepsiCo is struggling to boost growth and profits in North America due to weak demand for its snacks and drinks and rising input costs. CFO Steve Schmitt said recovery is slower than expected, prompting new cost-cutting measures. CEO Ramon Laguarta noted these cuts will fund investments to increase sales growth. Competition from GLP-1 weight-loss drugs also pressures demand.
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