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The company wants to win back price-strapped chip consumers after years of raising prices.
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PepsiCo said it will lower its suggested retail price on snacks including Doritos, Cheetos, Tostitos and Lays by up to 15 percent starting this week.
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It should surprise absolutely nobody that global fund managers were heavily overinvested in commodities just before commodity prices collapsed at the end of last week.
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