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PRESS DIGEST- Wall Street Journal - Oct 18
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PRESS DIGEST- Wall Street Journal - Oct 18
Oct 17, 2024 10:30 PM

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

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 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 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 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)

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