Originally published on Thu February 9, 2012 1:08 pm
PepsiCo, the maker of Pepsi soda and Doritos chips, said it will cut 8,700 jobs worldwide. That represents about 3 percent of its 300,000 person global work workforce.
The announcement also comes just after the company announced better-than-expected fourth-quarter earnings. The Financial Times reports that net income for the company rose 3 percent to $1.4 billion and revenues were up 11 percent to $20.1 billion.
The Soup Movement in America is based on a simple recipe: Bring a bunch of people together to eat soup. Ask each person for a modest donation — say $5. Listen to a few proposals about how people might use that pool of money for a worthwhile project. Vote on the best proposal, and give all the money to the top vote-getter. Go home full and fulfilled.
President Hugo Chavez waves during a military parade in Caracas, Venezuela, to commemorate the 20th anniversary of a failed coup attempt he led. After battling cancer last year, Chavez has returned to his high-profile, fiery ways.
The FBI has released the files it kept on Steve Jobs, the co-founder of Apple. The 191-pages are part of a background search the FBI undertook in order to clear him for an appointment made to the President's Export Council by George W. Bush in 1991.
For the background check, the FBI conducted 30 interviews with friends, family, neighbors and former colleagues. What emerged was a portrait of a man admired for his brilliance but whose personal life and character are often questioned. It's not unlike the picture painted in Walter Isaacson's 2011 biography "Steve Jobs."