PepsiCo's sales jump after it cuts prices

PepsiCo's decision to lower prices and cut artificial ingredients paid off in the first quarter, boosting demand for its snacks and drinks. Revenue jumped 8.5% to $19.44 billion in the January-March period compared to the same period a year ago, the Purchase, New York, company said Thursday. That handily beat Wall Street’s forecast of $18.95 [...]