In this Aug. 29, 2019 file photo, Spanish film director Pedro Almodovar kisses the Golden Lion for Lifetime Achievement he received during a photo call at the 76th edition of the Venice Film Festival in Venice, Italy. Spain's Academy of Cinematographic Arts and Sciences announced on Thursday Sept. 5, 2019 that "Pain and Glory," Pedro Almodovar's latest drama inspired on his own biography, will represent the country at this year's Oscar Awards in Hollywood. With Thursday's designation, the film cast by Antonio Banderas and Penelope Cruz will compete with other global entries for a nomination as Best International Feature Film at the 92nd Academy Awards. (Claudio Onorati/ANSA via AP, File)
MADRID (AP) --
Spain's Academy of Cinematographic Arts and Sciences says that Pedro Almodóvar's latest drama "Pain and Glory," which was inspired by his own life story, will represent the country in the competition for this year's Oscars.
The film starring Antonio Banderas and Penélope Cruz will compete with other global entries for a nomination as Best International Feature Film at the 92nd Academy Awards. The Spanish Academy's selection was announced Thursday.
"Pain and Glory" received broad acclaim at this year's Cannes Film Festival in France, where Banderas won the Best Actor award for his portrayal of a film director in his decline who flirts with drugs and has to confront his own past.
Almodóvar won a Golden Lion for Lifetime Achievement at the Venice Film Festival last month.
Pepsi soft drinks in plastic bottles are on sale at a grocery store in New York on Weds., Nov. 15, 2023. (AP Photo/Ted Shaffrey, File)
PepsiCo confirmed Friday that it's ending some of its diversity, equity and inclusion initiatives, even as rival Coca-Cola voiced support for its own inclusion efforts.
In a memo sent to employees, PepsiCo CEO Ramon Laguarta said the company will no longer set goals for minority representation in its managerial roles or supplier base. The company will also align its sponsorships to events and groups that promote business growth, he said.
Laguarta wrote that inclusion remains important to PepsiCo, whose brands include Gatorade, Lay's potato chips, Doritos, Mountain Dew as well as Pepsi. The Purchase, New York-based company's chief diversity officer will transition to a broader role focused on employee engagement, leadership development and ensuring an inclusive culture, he said.
Since President Donald Trump returned to the White House last month, U.S. government agencies, companies and schools have rushed to reevaluate policies and programs they adopted with the goal of reducing discrimination against members of minority groups, women and LGBTQ+ people.
Trump ended DEI programs within the federal government and has warned schools to end DEI programs or risk losing federal money.
PepsiCo's rollback came as Coca-Cola reaffirmed support for its DEI efforts.
In its annual report, Atlanta-based Coke warned that its business could be negatively affected if it is unable to attract employees that reflect its broad range of customers.
"Failure to maintain a corporate culture that fosters innovation, collaboration and inclusion … could disrupt our operations and adversely affect our business and our future success," the company said.
Coca-Cola has set a goal of having women in 50% of its senior leadership roles by... Read More