financetom
Business
financetom
/
Business
/
PepsiCo Wins Dismissal of Plastic Pollution Lawsuit in New York
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PepsiCo Wins Dismissal of Plastic Pollution Lawsuit in New York
Nov 4, 2024 12:14 PM

11:48 AM EDT, 11/01/2024 (MT Newswires) -- PepsiCo ( PEP ) won the dismissal of a New York lawsuit accusing the company of polluting the Buffalo River with its single-use plastic packaging, the company said Friday.

In a decision handed down Thursday, Justice Emilio Colaiacovo of the New York State Supreme Court said the company did not not pollute the river and criticized the state's attorney general, Letitia James, for initiating the legal action, according to media reports.

"PepsiCo ( PEP ) is pleased with the court's ruling in favor of our motion to dismiss the New York Attorney General's case. We believe that our time, attention and resources -- and those of other key stakeholders -- are best directed toward collaborative solutions," the company said in a statement to MT Newswires.

PepsiCo ( PEP ) vowed to continue collaborating with key partners on reducing plastic waste and recycling.

Price: 165.76, Change: -0.33, Percent Change: -0.20

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
WHO says wider alert on contaminated J&J cough syrup 'likely'
WHO says wider alert on contaminated J&J cough syrup 'likely'
Apr 19, 2024
LONDON, April 19 (Reuters) - The World Health Organization is likely to issue a wider warning about contaminated Johnson and Johnson ( JNJ )-made children's cough syrup found in Nigeria last week, it said in an email. Nigeria's regulator recalled a batch of Benylin syrup last Wednesday, having found a high level of diethylene glycol in the product during routine...
AMCON Distributing to Acquire Richmond Master Distributors
AMCON Distributing to Acquire Richmond Master Distributors
Apr 19, 2024
07:44 AM EDT, 04/19/2024 (MT Newswires) -- AMCON Distributing ( DIT ) said Friday it entered an asset purchase agreement to acquire Richmond Master Distributors. Financial details of the transaction were not disclosed. The company said the deal is expected to close in AMCON's fiscal Q3. ...
Stellantis to recall over 38,000 vehicles on potential airbag deployment issues
Stellantis to recall over 38,000 vehicles on potential airbag deployment issues
Apr 19, 2024
(This March 20 story has been corrected to say Stellantis, not Chrysler, is recalling vehicles in the headline and paragraph 1) (Reuters) - Stellantis is recalling 38,164 vehicles due to an issue which can prevent the driver's airbag from deploying in a crash, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Wednesday. The automaker is recalling certain 2023-2024...
American Express Q1 Earnings, Revenue Rise; Reiterates Full-Year Guidance
American Express Q1 Earnings, Revenue Rise; Reiterates Full-Year Guidance
Apr 19, 2024
07:45 AM EDT, 04/19/2024 (MT Newswires) -- American Express ( AXP ) reported Q1 earnings Friday of $3.33 per diluted share, up from $2.40 a year earlier. Analysts polled by Capital IQ expected $2.96. Total revenue for the quarter ended March 31 was $15.80 billion, up from $14.28 billion a year earlier. Analysts surveyed by Capital IQ expected $15.79 billion....
Copyright 2023-2026 - www.financetom.com All Rights Reserved