Afternoon Coffee: Takata Recall Grows Even More, PepsiCo Shareholders Worry About Financial Supply Chain Risks

coffee and coffee beans

The Takata car air bag recall is now the largest in US history, according to the Transportation Department. The number of air bags recalled in the US has now reached 33.8 million.

To keep up with the recall, Takata is ramping up production of replacement parts. The Japanese air bag maker is aiming to make 1 million inflators by September, 100,000 more than it originally thought.

PepsiCo shareholders are urging the company to determine the financial risk to its supply chain regarding the sharp decline in bees and other pollinators, which are needed for the apples, oranges and other products Pepsi uses. Shareholders are specifically aiming to have suppliers reduce the use of pesticides, which contribute to the bee population decline.

Amazon had a successful first quarter of the year, hitting 41 million Prime members by the end of March. Research from Consumer Intelligence Research Partners shows Prime members spend an average of $1,100 per year on the site.

 

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