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Indra Nooyi

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COVID-19: Plans To Reopen CT Schools, Businesses Evaluated As Questions Surround May 20 Date COVID-19: Plans To Reopen CT Schools, Businesses Evaluated As Questions Surround May 20 Date
Covid-19: Plans To Reopen CT Schools, Businesses Evaluated As Questions Surround May 20 Date It is unclear when schools and non-essential businesses in different parts of Connecticut due to the novel coronavirus (COVID-19) pandemic, though state officials are mulling various options. Earlier this month, Connecticut Gov. Ned Lamont met with Connecticut State Department of Education Commissioner Miguel Cardona and other advisors before announcing that schools and non-essential businesses will not be re-opened until Wednesday, May 20 or later. Advisory board co-chair Indra Nooyi, the former chief executive officer of PepsiCo, said that May 20 is not a reopening date, but is a date tha…

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by Zak Failla
News
COVID-19: 4-CT, Newly Formed Charitable Organization, Raises $10M From Donors COVID-19: 4-CT, Newly Formed Charitable Organization, Raises $10M From Donors
Covid-19: 4-CT, Newly Formed Charitable Organization, Raises $10M From Donors A group of Connecticut-based philanthropists has established a charitable organization to raise new support for the state’s nonprofit organizations that are serving those impacted by the novel coronavirus (COVID-19) pandemic. The organization, called 4-ct.org, said it launched in recognition of the considerable demand on resources the public health emergency is having on nearly every aspect of life across the state. It already raised $10 million prior to its announced launch on Wednesday, April 1. The Connecticut COVID-19 Charity Connection – also known as 4-CT – is an independent, 501(c)3…

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by Daily Voice
Business
Amazon Pulls Out Of Plan For Headquarters In New York City Amazon Pulls Out Of Plan For Headquarters In New York City
Amazon Pulls Out Of Plan For Headquarters In New York City Amazon is looking for a new dance partner for its new headquarters after pulling out of plans to develop a site in New York City. The company announced on Thursday, Feb. 14 that it is are backpedaling out of the planned deal to construct a headquarters in Long Island City, despite overwhelming support from New Yorkers. “After much thought and deliberation, we've decided not to move forward with our plans to build a headquarters for Amazon in Long Island City, Queens,” the company said in a statement. "For Amazon, the commitment to build a new headquarters requires positive, collaborative re…

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by Zak Failla
News
Lamont Looks Forward To 'Expanding Dialogue' With Amazon As NY HQ Deal Remains In Limbo Lamont Looks Forward To 'Expanding Dialogue' With Amazon As NY HQ Deal Remains In Limbo
Lamont Looks Forward To 'Expanding Dialogue' With Amazon As NY HQ Deal Remains In Limbo With the marriage between New York and Amazon seemingly fractured regarding the construction of a new headquarters in the area, Connecticut seems poised to strike while the iron’s hot, if state lawmakers have their way. In November last year, the online retail giant announced that it has chosen two locations for its new HQ2 project, one in Long Island City, and a second in Virginia. However, talks have since stalled and progress has been slow, leading Amazon to reconsider its plans in New York. With plans for a New York home possibly shelved, Connecticut officials have thrown their hats bac…

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by Zak Failla
Business
Make Your Own Soda At Home? Pepsi Acquires Cola Maker For $3.2B Make Your Own Soda At Home? Pepsi Acquires Cola Maker For $3.2B
Make Your Own Soda At Home? Pepsi Acquires Cola Maker For $3.2B Do you want to make your own soda at home? A deal just made by Westchester-based PepsiCo may allow you to do just that. Pepsi announced on Monday it will acquire an Israel-based cola maker. The deal for SodaStream of $144 per share in cash, a transaction valued at more than $3.2 billion. A SodaStream device carbonates water by adding carbon dioxide from a pressurized cylinder to create make carbonated water in which one of more than 100 types of syrups may be added to produce soda. "Today marks an important milestone in the SodaStream journey," Daniel Birnbaum, SodaStream CEO an…

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by Joe Lombardi
Business
First Female CEO Of Pepsi, Fairfield County Resident Stepping Down First Female CEO Of Pepsi, Fairfield County Resident Stepping Down
First Female CEO Of Pepsi, Fairfield County Resident Stepping Down One of the most prominent women to lead a Fortune 500 company and the first female CEO in PepsiCo history will be stepping down this fall. After 62-year-old Indra Nooyi's retirement takes effect Oct. 3, the Westchester-based company, headquartered in Purchase, announced Monday morning that its president, Ramon Laguarta, will become the new chief executive  Nooyi, a Greenwich resident and native of India, will remain as chairwoman of the board of directors until early 2019, PepsiCo said. During Nooyi's 12-year tenure as CEO, PepsiCo focused on healthier drinks as sales of its signature Peps…

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by Joe Lombardi