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PepsiCo, a global food and beverage company with annual revenues of $60 billion, has agreed to fully disclose all of its direct lobbying and contributions made to trade associations as well as funds paid to grassroots lobbying and tax-exempt organizations that write and endorse model legislation, according to New York State Comptroller Thomas P. DiNapoli. In response to the agreement, DiNapoli withdrew a shareholder resolution calling for disclosure of shareholder money spent on lobbying and other political spending.
“PepsiCo has taken an important step in giving shareholders a clear view of the way it uses corporate dollars in the political arena,” DiNapoli said. “Shareholder value is enhanced and reputational risks are reduced when companies disclose how corporate money is being spent in politics. Companies should follow PepsiCo’s lead by embracing transparency.”
“PepsiCo has taken an important step in giving shareholders a clear view of the way it uses corporate dollars in the political arena,” DiNapoli said. “Shareholder value is enhanced and reputational risks are reduced when companies disclose how corporate money is being spent in politics. Companies should follow PepsiCo’s lead by embracing transparency.”




The Tompkins County Legislature went on record in opposition to proposed changes in the Governor’s Executive Budget that would constrain the authority of local Industrial Development Agencies, such as the Tompkins County IDA, to abate sales tax for qualifying projects.
Charlie Banik, lifetime resident and longtime businessman, has opened a SuperGlass Windshield Repair franchise to serve Tompkins county and the surrounding area. The franchise, part of a chain of over 280 locations, specializes in the repair of rock damaged and cracked glass.
Cash bonuses paid to New York City securities industry employees are forecast to rise by 8 percent to $20 billion during this year’s bonus season, according to an estimate released today by State Comptroller Thomas P. DiNapoli.
New York State Comptroller Thomas P. DiNapoli announced today that Dunkin’ Brands Group, owner of Dunkin’ Donuts, has agreed to set a date for sourcing 100 percent of the palm oil used to make its products from sustainable sources.
Williamsville, N.Y. – Tops Friendly Markets recently received state and national honors for its outstanding efforts in the merchandising and marketing of its beef category in Tops stores. On January 18, Tops was awarded the ‘New York State Retail Beef Backer Award’ from the New York Beef Industry Council and on Friday, February 8, Tops was awarded the ‘2012 National Retail Innovator of the Year Award’ from the National Cattlemen’s Beef Association.
The 'Create Your Day' Wedding Expo will feature dozens of local businesses, special deals, free consultations and a bridal fashion show. The Wedding Expo is free and open to the public, and couples who register for the Expo will receive free gift bags and a free entry in the afternoon raffle. The Expo will be held throughout The Shops at Ithaca Mall.
A few years ago cloud computing was for corporations, but in recent years it has become an important part of personal computing. I was profoundly uncomfortable about it on two counts: First, our lives seem to be moving from a purchase model to a subscription model. Subscription computing is more expensive because you never stop paying. Call me old fashioned: I like to buy something once and own it. The second point is that I simply didn't trust my stuff on some company's hard drive. Security is hard enough when you have your stuff on your local hard drive, but when you are uploading and downloading it to and from some data center located God knows where... well it gives me the heebie jeebies.
Gimme! Coffee announced this month that the company and its partner farm, Finca San Luis, has won the Good Food Award. The third year in a row for Gimme, this year has the added honor of receiving the Good Food Award Gold Seal, which recognizes coffees that are certified organic.