Press Digest: Wall Street Journal - Oct 18

BRP

18/10/2024 06:08

Oct 18 (Reuters) - The following are the top stories in
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
    
    - Pittsburgh based paint and coatings manufacturer PPG
 PPG.N  said on Thursday that it agreed to sell its
architectural-coatings business in the U.S. and Canada to
private-equity firm American Industrial Partners for $550
million. 
    
    - U.S. railroad firm CSX  CSX.O  said on Thursday that it
received a subpoena from the Securities and Exchange Commission
over an accounting restatement disclosed in the railroad
company's second-quarter earnings report.  
    
    - Boston based consultancy firm, Bain & Co, said on Thursday
that OpenAI  MSFT.O  and Bain are expanding their partnership to
sell OpenAI's tools, including ChatGPT, to clients of the
consulting firm.
    
    - Canadian Sea-Doo and Ski-Doo maker BRP  DOO.TO  said on
Thursday that it intends to sell off the majority of its marine
businesses including Alumacraft fishing boats, Manitou pontoon
boats and Australian boatmaker Telwater which have been weighed
down by softer consumer demand. 
    
    

        
  
        
  

 (Compiled by Bengaluru newsroom)
 ((globalnewsmonitoring@thomsonreuters.com))