Cheetos is leaning into the visual food trend this summer. With Cheetos Shape Hunt, everyone will be searching for the epic ...

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

The snacking industry has been under pressure as consumers pull back on impulse purchases amid rising prices and economic ...

A federal judge has dismissed a lawsuit filed by Richard Montañez, who claimed to be the inventor of Flamin' Hot Cheetos, ...

A federal judge has dismissed a lawsuit filed by the man who says he invented Flamin’ Hot Cheetos. Richard Montañez had sued ...

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 ...

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

PepsiCo wins dismissal of ex-exec lawsuit over Flamin' Hot Cheetos origin. Judge rules no fraud or defamation proven.

PepsiCo won the dismissal of a lawsuit by a former executive who said the company defamed him by denying that he invented the popular spicy chips.

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

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