President Donald Trump said on Monday that China is ready to come back to the negotiating table and the two countries will start talking very seriously.Politicsread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
As Washington and Beijing continue to up the ante in their protracted trade fight, the potential of a recession in the U.S. is now "the biggest concern," according to Standard...US Economyread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Neither the U.S. nor China wants to be seen as the party that derailed trade talks, says William Reinsch of Center for Strategic and International Studies.World Economyread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
As this week kicks off the 10th anniversary of "Mad Money," Jim Cramer reached out to the CEOs of some of the best run companies around the globe. Those are the companies that investors would have made a killing on as they held the stock over the years.
Indra Nooyi serves as the CEO of PepsiCo, which runs both a strong beverage division and Frito-Lay snack arm. Cramer has watched Nooyi guide the company through various transformations over the years, including taking a junk-food business and introducing more delicious, healthy snacks.
"No wonder she's been putting up fabulous numbers for years while buying back lots of stock and paying you a hefty dividend," Cramer said.
PepsiCo recently announced a strong quarter, leading its stock to shoot above the $100 mark. And while it is now trading below that level, Cramer thinks this decline is absolutely ridiculous.
Could this be the perfect entry time for a solid blue-chip stock?
"I think the reason why PepsiCo has delivered so well is because we have a history of being very adaptable," Nooyi said. "We have changed the company when we needed to in anticipation of megatrends. We have had the courage to make all the right moves, and we have delivered."
Cramer asked the CEO if perhaps her unique perspective as a female CEO who was raised outside of the United States has allowed her to see trends differently than a traditional white,male CEO.
"I don't know if the anticipation of trends has anything to do with gender, ethnicity or nationality. I think it's just that PepsiCo as a company has had a history of strategic acuity. As a company we have always anticipated megatrends and skated towards those trends, and then tried to proactively shape the portfolio," Nooyi responded.
However, she did state that growing up outside the U.S. did provide benefit to PepsiCo, as she offered a broader understanding of the world and used that to make a case for change within the company.
"In my case, I benefited because I grew up outside of the United States; I understand exactly how the world works, and I could see the world through the eyes of people from outside the United States," she said.
The CEO clarified the importance of being grounded as a CEO. She added that her mother, her husband and her kids all make sure to keep her based in reality as a grounded individual.
Read more from Mad Money with Jim Cramer
Cramer Remix: All eyes on Apple Watch
Cramer: Best way to protect a declining portfolio
Cramer's game plan: The trick to Apple's ecosystem
"I think it's important that every CEO remains grounded. We are not royalty, we are not big shots. We might think we are, but we are not. If we want to have a family, if we want to have a life outside the office, we have to understand that we are people," Nooyi said.
So where will Nooyi take the company going forward? She confirmed the importance of maintaining the snack and beverage portions of the company in one unit.
"For a company like PepsiCo to sustain its growth, we don't swing the pendulum one way or the other," Nooyi said. "You offer the entire range of products."