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Pricing Doritos At $7 A Bag Cost Pepsi "Billions" In Revenue
Pricing Doritos At $7 A Bag Cost Pepsi "Billions" In Revenue
Turns out there's a price point for everything where consumers just stop paying. Guess that whole "price as a rationing mechanism" talk means something after all...
Just ask Pepsi. The iconic brand had recognized for some time that its Frito-Lay snack prices were becoming too expensive, with major retailers like Walmart repeatedly raising concerns, according to Bloomberg.
Even so, prices remained high as sales declined, with some chip bags climbing past $7. Popular products such as Doritos saw sharp increases, jumping...
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Seven Toss-Ups, A Decoy Candidate, & A 1AM Finish: Your Election Night Survival Guide
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The House is done. Or at least the market thinks so.Going into tonight, Polymarket traders give Democrats a 96% chance of taking the House and 74% for the Senate, the highest Democratic Senate odds since the market opened, and as of 7:17am ET this morning the Democratic sweep contract was trading at 77%. Which is why Goldman, in its "Midterms Preview" email this morning (available to pro subs), says the only part of tonight that can really...
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US Navy Super Hornet "Sub Buster" Marking Hints At Iranian Submarine Kill
US Navy Super Hornet "Sub Buster" Marking Hints At Iranian Submarine Kill
Military aviation and defense news website The Aviationist reports that a US Navy F/A-18F Super Hornet returned from Operation Epic Fury carrying a "Sub Buster" marking, raising the possibility that a carrier-based fighter jet was credited with an Iranian submarine kill.
Photographs taken by Jeff Rojas and highlighted last week by The Aviationist show a broken-submarine victory marking, potentially the first such decoration on a Super Hornet.
The Aviationist explained:
Iran lost a large number of its submarine force during Operation...
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