Malik Singleton

Malik Singleton covers manufacturing and other economic news. His previous roles were with City Limits, TIME.com, Black Enterprise and PCMag.com. He is an adjunct at CUNY's Grad School of Journalism and also runs journalism workshops for teens. He did undergrad at Morehouse and grad school at Pace.

US Manufacturing PMI Rises To 55.4 In July As New Orders And Production Grew Along With Employment

The Purchasing Managers Index rose 4.5 percent to 55.4 as stable demand and improving business conditions boosted employment.

Uruguay's Congress Approves Bill That Would Let Registered Citizens Grow And Sell Marijuana, Pending Senate Vote

The use of marijuana is already legal in Uruguay but this bill would let citizens grow and sell the drug under certain restrictions.

INEOS Bio's New Bio Technology Process Creates Fuel And Electricity From Waste

Ineos Bio says it's the first company to produce ethanol from waste on a commercial scale -- and it's ready to bring it to market.

Barrick Gold (ABX) Q2 Earnings Preview 2013: World's Biggest Gold Producer To See 20%-Plus Profit Drop On Lower Selling Prices, Impairment Charges, High Expenses

The gold industry leader is expected to report earnings losses following major delays and high costs in a Chilean mine.

American Homes 4 Rent Initial Public Offering (IPO) Aims To Raise $750 Million In Test Of Market's Interest In Real Estate Investment Trusts

If the IPO is successful, it may signal that investors are confident the U.S. housing market's recovery will continue.

Spain's Economy Still Slowing, Though At Lowest Rate Since Start Of Recession, GDP Contracts By Just 0.1% In Q2; Recession May Be Ending

Spain's economy barely contracted in the second quarter, possibly auguring an end to the country's four-year recession.

US Consumer Confidence Falls In July To 80.3%, Lower Than Expected

Consumer confidence fell slightly in July due to weak economic and job expectations, according to the Conference Board's latest survey.

Europe's Economic Sentiment Positive For Third Straight Month, Up 1.2 Points Within Euro Zone And Up 2.4 Points Across EU States

Europe's rising economic sentiment, which has been trending higher since May, extended its increase in July.

Federal Judge Rules Fed Chair Bernanke Should Testify in Former AIG Chief's Lawsuit Against US Government Over 2008 Bailout

A judge rejected the U.S. government's effort not to depose the Fed chair, saying he was a "central figure" in the AIG bailout decision.

Apple (AAPL) Accused Of iPhone Supply Chain Violations Connected To Shanghai Factories Run By Pegatron Corporation

Watchdog says Apple supplier Pegatron withheld pay, imposed excessive hours and violated Chinese safety and environmental laws.

Hudson's Bay Buys Saks For $2.4 Billion, Combining American And Canadian Retail Giants

The acquisition will bring together Saks Fifth Avenue, Lord & Taylor LLC and Hudson's Bay locations.

Simon Property Group, Inc. (SPG) Q2 2013 Earnings Preview: REIT Will Report A Big Profit Increase On Higher Rents From Existing Mall Tenants

The opening of a big facility in Arizona and another in Japan, near Tokyo, will also boost Simon's second-quarter bottom line.

General Motors (GM) Outsells Toyota Motor Corporation (TM) In Q2 Sales By About 10,000 Vehicles

The American automaker became the top producer for the first time in six quarters - signaling U.S. auto industry strength.

US Consumer Sentiment Rises To 85.1 In July, Highest Level In Six Years: Thomson Reuters/University of Michigan Survey

Americans felt better about the current economic climate during July, but they expect lower GDP growth up ahead.

Activision Blizzard (ATVI) To Buy Back Most Shares Currently Held By Majority Owner Vivendi (VIV) For $8.2 Billion

The "Call of Duty" maker aims to be an independent video game publisher. Vivendi will retain a 12 percent stake.

Apple Inc. (AAPL) Is Its Own Best Customer, Buying Back 36 million Of Its Own Shares Last Quarter At $444, On Average, For $16 Billion Total

The tech giant snatched up 36 million of its own shares during the quarter, even though it was scheduled to repurchase 10 million.

A job seeker walks the floor at a large career fair at Rutgers University in New Brunswick

Weekly First-Time Claims For Unemployment Benefits Rose Last Week to 343,000, Higher Than What Analysts Expected

Initial jobless claims last week inched 7,000 higher to 343,000, but the more-telling four-week moving average decreased by 1,250 to 345,250.

FDA Says Menthol Cigarettes Pose High Health Risk Because Flavoring Encourages Smoking, Seeks Public Input Before Shaping Any New Policy

The agency said that it is now seeking input from the public, health experts and the tobacco industry before it shapes any policy.

Telefonica To Buy Germany's Third-Largest Mobile Phone Service Operator E-Plus From KPN For $10.7 Billion

The deal will create Germany's largest mobile-phone operator and signals accelerating consolidation in Europe's phone sector.

The Boeing Company (BA) Earnings Preview: Analysts Expect 5.7% Boost In Profit For Q2 As Air Giant Recovers From 2013's Rough Start

Analysts expect earnings growth, due to Boeing's strong deliveries, return of the 787 to full service, and cost reductions.

Existing-Home Sales In US Drop To 5.08 Million In June, Below Expectations But Well Above Year-Ago Levels

However, the National Association of Realtors says, despite June's results, home prices continue to advance at double-digit rates.

GlaxoSmithKline (GSK) Says Certain Executives In Its Shanghai And Beijing Operations May Have Broken Chinese Law

Pharmaceutical giant admits that high-level employees in China "appear to have acted outside of our processes and controls."

SEC Says Steven A. Cohen Failed To Supervise His Portfolio Managers And Will Attempt To Bar Billionaire From Overseeing Investor Funds

Cohen "received highly suspicious information that should have caused any reasonable hedge fund manager to investigate," the SEC said.

It Will Cost You Just Shy Of $1,000 For The Best Seat In The House At Next Year's World Cup Final

FIFA says about 3 million tickets will be available for domestic and international fans during three sales phases that start Aug. 20.

Russian Anticorruption Activist Alexei Navalny Freed Pending Appeal One Day After He Was Convicted

A judge's decision comes after thousands protested in Moscow's streets and just ahead of a meeting of G-20 finance ministers.

US Stocks Rally To Record Intra-Day Highs On Upbeat Information From Federal Reserve, Company Earnings And Economic Reports

Positive economic reports and upbeat corporate earnings sparked a rally, as the central bank's chairman spoke in Washington.