UPDATE: CNN Issues Gateway Pundit Retraction, Correction Over Fake News Smear

Late last month CNN Money smeared and misquoted The Gateway Pundit in an article about fake news.

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CNN Money reported that The Gateway Pundit ran a story saying Pepsico CEO Indra Nooyi told Trump fans to “take their business elsewhere.”

Here is the text:

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The Gateway Pundit posted three articles on Pepsico CEO Indra Nooyi’s offensive remarks after Donald Trump’s victory:

Time to Boycott Pepsi=> Far Left CEO Says “Employees Are Scared for Their Safety” After Trump’s Victory

UPDATE: Pepsico Stocks Crash After Far Left CEO Indra Nooyi Smears Donald Trump

UPDATE: Pepsico Stocks Plunges 5{a60dec675160a2e6a5acd013715a29e36a19eec043ef8a9979ad47849a192b7b} After Far Left CEO Indra Nooyi Attacks President-Elect Trump

Not one of The Gateway Pundit articles quoted Nooyi as saying Pepsico CEO Indra Nooyi told Trump fans to “take their business elsewhere.”

The Gateway Pundit reached out to CNN after their story was published and republished on several news websites across the country.

After an internal investigation CNN agreed to correct their article.

On Tuesday CNN issued a retraction and correction to their original report:

Editor’s Note: An earlier version of this story characterized Gateway Pundit as a website “designed to trick people.” That was not accurate. The Gateway Pundit is a political blog based in St. Louis that is popular among conservatives. CNNMoney has removed that characterization and regrets the error.

This story also reported that Gateway Pundit had published a widely circulated misquote of public comments made by the CEO of Pepsi. CNNMoney has been unable to confirm that Gateway Pundit repeated that misquote.

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