Breakfast Briefing: The 7 stories PR pros need to know on Monday morning, 10.17.2016

Pepsi is planning to cut calories and improve its water efficiency dramatically in the next decade.

Pepsi unveiled a new sustainability initiative on Monday. (Image via the brand's Facebook page).
Pepsi unveiled a new sustainability initiative on Monday. (Image via the brand's Facebook page).

Pepsi's new sustainability push. The soft-drink company’s CEO, Indra Nooyi, is promising it will significantly cut calorie counts in its sodas and improve its water efficiency. PepsiCo’s plans are for two-thirds of its beverages to have less than 100 calories per 12 ounces by 2025.

Analysts doubt Wells Fargo’s reform plans. Third-party analysts told Reuters on Monday morning that the bank needs to add new names and faces to its leadership if it wants to turn the page on its account sales scandal. The bank named Tim Sloan, who has worked at Wells Fargo for nearly three decades, as its CEO last week, replacing the embattled John Stumpf.

Galaxy Note 7 banned by more airlines. Carriers in Europe, Asia, and Australia have prohibited bringing the smartphone on-board airplanes, following the Federal Aviation Administration’s ban of the device last week. The South Korea-based technology company said last week that its decision to discontinue production and sales of Note 7 will cost it more than $3 billion.

Today: Rolling Stone defamation trial to begin. University of Virginia administrator Nicole Eramo is seeking nearly $8 million in damages stemming from the magazine’s 2014 article about a gang rape it claimed took place at the college. Eramo is claiming the story, which Rolling Stone retracted last year, cast her as the "chief villain" in the incident, according to Fox News.

Campaign talking points. Donald Trump again said the presidential election is "rigged" in a series of Sunday-morning tweets; his running mate and Speaker of the House Paul Ryan disagreed. The Republican nominee is also not a fan of Alec Baldwin’s impression on Saturday Night Live.

From the campaign trail: Clinton in the lead, but by how much?; Democrats ponder trying to expand the map; WikiLeaks emails show Clinton Foundation talk; Peter Thiel to donate $1.25 million to Trump; How Clinton and Trump responded to the firebombing of a North Carolina GOP outpost.

Super Bowl flashback: Newton ends another press conference early. After the Carolina Panthers tumbled to 1-5 on the season, star quarterback Cam Newton abruptly ended his post-game press conference on Sunday. Newton cut short his post-Super-Bowl presser in February after his team lost to the Denver Broncos. 

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