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Wall Street Journal - Oct 18



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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)

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