IN BRIEF
ATHENS, Greece — Greece finally met a deadline that counted Thursday and made a series of sweeping proposals its creditors needed by midnight to set off a mad rush toward a weekend deal to stave off a financial collapse of the nation.
The package met long-standing demands by creditors to impose wide-ranging sales-tax hikes and cuts in state spending for pensions the left-leaning Greek government had long resisted.
It raised hopes Greece can get the rescue deal that will prevent a catastrophic exit from the euro after key creditors said they were open to discussing how to ease the country's debt load, a longtime sticking point in their talks.
PURCHASE, N.Y. — PepsiCo is using pricier products to help drive up sales.The snack and beverage maker said Thursday revenue rose for each of its Frito-Lay North America and PepsiCo Americas Beverages units during the second quarter, despite flat volume.That doesn't necessarily mean the company simply raised prices on bags of Lay's chips and cans of Diet Pepsi. It could be that newer products are positioned as more premium products and cost more, such as its Mountain Dew Dewshine that comes in a glass bottle.
