The Turkish unit of PepsiCo Inc. subsidiary Frito-Lay was saddled with a 1.3 billion liras ($36 million) penalty after the country’s antitrust regulator concluded a probe into the division.

When it comes to finding the cheapest places to live in the U.S. for city dwellers, the best locations to settle down are mostly south of the Mason-Dixon line. Tennessee and Alabama are just a ...