May 21 - PepsiCo said on Tuesday it would expand its fleet of
electric vehicles in California, deploying 50 Class 8 Tesla Semi
trucks and 75 Ford E-Transit.
PepsiCo to Expand EV Fleet in California With Tesla Semis, Ford Vans usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
Apparel maker Under Armour
forecast its annual revenue below analysts expectations on
Thursday, signaling soft demand for its sportswear in the U.S.
as consumers cut back on discretionary spending in.
(Reuters) -Under Armour forecast a surprise drop in annual sales and projected profit below analysts' estimates on Thursday, as the sportswear maker laid out a plan to simplify its business and cut jobs in the face of weak demand in the United States. The company said it looks to "meaningfully reset" business in North America, its biggest market, and reverse impact from years of heightened promotions and inflated inventories.
Under Armour Forecasts Downbeat Annual Sales, Profit; Shares Slump usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.