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Pepsi has edged out Coca-Cola in the Subway soda wars. The sandwich chain will no longer serveCoca-Cola products, but instead, Pepsi, the company announced. It’s areversal from their previous commitmentto Coke. Subway has signed a 10-year deal with PepsiCo that begins in 2025 and will serve that brand’s beverages like Mountain Dew, Gatorade and Aquafina, said the company. “The partnership …

Update: The Fed left its benchmark interest rate unchanged. Americans are bearing the financial burden of higher costs for every type of loan, from mortgages to credit cards, after two years of interest rate hikes by the Federal Reserve. With the central bank meeting today, economists and consumers alike have one question on their minds: When will the central bank …

Unilever’s ownership of quirky ice cream maker Ben & Jerry’s is coming to the end of its sometimes rocky road. The British consumer products companysaidTuesday it plans to spin off the brand as well as its other ice cream businesses. In its announcement, Unilever said the decision is based on its board’s view that the company should focus on “superior …