Nation’s largest peddler of soda and junk food has the most at stake in ballot measure
Most people just think of soda when they hear the name “Pepsi.” But in fact, PepsiCo is the nation’s largest food company and second largest in the world. Its annual earnings top $60 billion, from a dizzying array of brands. Walk down almost any supermarket aisle (soda, snacks, cereal, juice) and you’re likely to bump into a PepsiCo-owned product.
If there was Twitter for food only, today’s trending topic would have been the Big News that the Corn Refiners Association (yes, there are lobbyists for people who refine corn) is asking the Food and Drug Administration to rename high-fructose corn syrup (aka HFCS) “corn sugar.” This, the latest in the corn industry’s attempts to restore the tarnished reputation of its omnipresent by-product. Tara Parker-Pope, health blogger for the New York Times, quotes Audrae Erickson, president of CRA, who explains: Continue reading →
