PepsiCo is facing a possible payout of US$1.26 billion (A$1.4b) after not responding to a lawsuit earlier this year. Two men, who claim PepsiCo took their idea for bottled water, won the judgment after PepsiCo failed to turn up to court. PepsiCo said they were unaware of the lawsuit until after the default ruling had been announced due to a secretary failing to act on the court documents. As a result they are hopeful of an opportunity to fight the ruling, an opportunity they are likely – though... ...Read more »

PepsiCo’s Aquafina, America’s highest selling brand of bottled water, is launching the lightest half-litre bottle of any nationally distributed bottled water brand in the market, according to the beverage giant. At a weight of just 10.9 grams, the Eco-Fina Bottle is made with 50 per cent less plastic than the half-litre Aquafina bottles produced in 2002, eliminating an estimated 75 million pounds of plastic annually. The company is also looking to reduce its carbon footprint by producing... ...Read more »