US manufacturers expand for fifth month in a row, ISM finds, but at slower pace

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US manufacturers expand for fifth month in a row, ISM finds, but at slower pace

The numbers: American manufacturers grew in September for the fifth month in a row as they reconfigured their factories to cope with the coravirus and brought back more workers, a closely followed survey showed. The Institute for Supply Management said …
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Occidental Petroleum to sell onshore Colombia assets in $825M deal

Houston-based Occidental Petroleum Corp. (NYSE: OXY) is selling its onshore assets in Colombia but will retain its exploration blocks offshore the South American country. The Carlyle Group, a private equity, alternative asset management and financial …
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Tesla (TSLA) Set to Report Third Quarter Metrics

Tesla, Inc. (TSLA) CEO Elon Musk has been busy as a bee since last week’s highly touted “Battery Day” fell flat, dropping the stock more than 10%.The electric vehicle (EV) manufacturer signed a sales agreement with Piedmont Lithium on Wednesday, just …
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PepsiCo sees strong annual profit as snacks, sodas thrive in pandemic

(Reuters) – PepsiCo Inc PEP.O forecast full-year profit above market expectations on Thursday after a rebound in soda sales and increased demand for the company’s snacks during the COVID-19 crisis helped drive quarterly sales higher. FILE PHOTO: …
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Playboy to return to stock market after nine years

(Reuters) – Playboy Enterprises Inc will return to the stock market through a merger with a blank check company in a deal that values it at $381 million, according to a statement on Thursday. The merger with Mountain Crest Acquisition Corp MCAC.O comes …
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