● KERRVILLE · FEMA authorizes federal disaster assistance for Kerr County, 27 other Texas counties● BANDERA · Lake rises sharply after slow-moving storms● SAN ANTONIO · Woman arrested after man cut multiple times during North Side verbal altercation, SAPD says● TAYLOR · Breast-cancer screenings expand to prostate, colon● SAN ANTONIO · Analysis: The real lesson behind Texas' new Bible curriculum requirements● AUSTIN · National Hurricane Center warns Tropical Depression Two could target Texas this week● HOUSTON · Crews respond to deadly fire in northwest Harris County, Cy-Fair Fire Department says● HARRIS COUNTY · Crews respond to deadly house fire in northwest Harris County, officials say● KERRVILLE · FEMA authorizes federal disaster assistance for Kerr County, 27 other Texas counties● BANDERA · Lake rises sharply after slow-moving storms● SAN ANTONIO · Woman arrested after man cut multiple times during North Side verbal altercation, SAPD says● TAYLOR · Breast-cancer screenings expand to prostate, colon● SAN ANTONIO · Analysis: The real lesson behind Texas' new Bible curriculum requirements● AUSTIN · National Hurricane Center warns Tropical Depression Two could target Texas this week● HOUSTON · Crews respond to deadly fire in northwest Harris County, Cy-Fair Fire Department says● HARRIS COUNTY · Crews respond to deadly house fire in northwest Harris County, officials say
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GeneralSan Antonio
PepsiCo says economic concerns weighed on customers in North American during recent quarter
PepsiCo reports stronger-than-expected revenue but cites weakened consumer demand in North America due to rising gas prices.
By Dee-Ann Durbin, Associated Press·10 days ago
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PepsiCo reported stronger-than-expected revenue in the second quarter despite weaker demand in North America, where it said consumers tightened their budgets as the Iran war caused gas prices to spike.
"I think the consumer is worse than what we had anticipated, and it's driven mainly by gas prices," PepsiCo CEO Ramon Laguarta said Thursday during a conference call with investors.
PepsiCo's shares fell 4% in morning trading Thursday.
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