Top Financial Media Stories Tuesday, September 20: Apple Feels The Forex Pinch, Pepsi Ends Russian Production, Beyond Meat''s COO Arrested And More..
Reuters What Recession? AmEx Shares Ambitious Hiring Plans As Peers Let Go Staff American Express Co (NYSE: AXP ) shared plans to hire 1,500 people for technology roles dispelling slowdown concerns as its peers slashed jobs and cut expenses. The new hires would fill roles like data scientist, software engineer, and others by the end of the year. AmEx had already brought in 3,600 tech employees this year. PepsiCo Ends Pepsi, 7UP Production In Russia Beverage giant PepsiCo Inc (NASDAQ: PEP ) has stopped production of Pepsi, 7UP, and Mountain Dew in Russia. The end of the production comes six months after the company halted its sales and production in the country in response to Russia''s invasion of Ukraine. The supermarkets and retailers in Russia are said to have stocks with July and August production dates. Exxon Undecided On Auction Bidding For Guyana Oil Assets Despite Boosting Production Exxon Mobil Corp (NYSE: XOM ) has not decided whether it will bid for new offshore areas in Guyana as the company ramps up production faster than expected.
Top Financial Media Stories Tuesday, September 20: Apple Feels The Forex Pinch, Pepsi Ends Russian Production, Beyond Meat''s COO Arrested And More..
Reuters What Recession? AmEx Shares Ambitious Hiring Plans As Peers Let Go Staff American Express Co (NYSE: AXP ) shared plans to hire 1,500 people for technology roles dispelling slowdown concerns as its peers slashed jobs and cut expenses. The new hires would fill roles like data scientist, software engineer, and others by the end of the year. AmEx had already brought in 3,600 tech employees this year. PepsiCo Ends Pepsi, 7UP Production In Russia Beverage giant PepsiCo Inc (NASDAQ: PEP ) has stopped production of Pepsi, 7UP, and Mountain Dew in Russia. The end of the production comes six months after the company halted its sales and production in the country in response to Russia''s invasion of Ukraine. The supermarkets and retailers in Russia are said to have stocks with July and August production dates. Exxon Undecided On Auction Bidding For Guyana Oil Assets Despite Boosting Production Exxon Mobil Corp (NYSE: XOM ) has not decided whether it will bid for new offshore areas in Guyana as the company ramps up production faster than expected.