PepsiCo won the dismissal of a lawsuit by a former executive who said the food and beverage company defrauded and defamed him ...

Montanez, who stated off as as a Frito-Lay janitor, said he sparked what became Flamin’ Hot Cheetos around 1989.

Richard Montañez’s rags-to-riches story remains in dispute after a judge ruled in favor of Frito-Lay and PepsiCo, but he has ...

Richard Montanez allegedly pitched his idea to a Frito exec and rose from a janitor to become Frito-Lay’s vice president of ...

The ex-janitor-turned-executive who said he invented Flamin’ Hot Cheetos sued his former employers, saying he was harmed when ...

Frito-Lay has expanded its presence in Maryland in the last decade. The closure is putting a dent in the food and beverage giant's local workforce. Baltimore County ice cream maker sells assets in ...

Purchase, N.Y.? PepsiCo Inc. will close four Frito-Lay plants by the end of the year, as it moves to streamline production, the company said Thursday. The snacks and soft-drink maker will shutter ...

On June 4, Wells Fargo analyst Christopher Carey maintained a Hold rating on PepsiCo Inc. (NASDAQ:PEP) with a price target of ...

Camille Vasquez, a lawyer for Purchase, New York-based PepsiCo, declined to comment. Montanez began in 1976 as a Frito-Lay janitor in Rancho Cucamonga, California, and rose to become PepsiCo's ...