As the grid becomes increasingly unstable due to age and extreme weather, utilities are ramping up spending on long-overdue maintenance and capital improvements.

Microsoft grappled with a major service outage, leaving users across the world unable to access its cloud computing platforms.

Novartis now expects its core operating profit to grow in the mid to high teens, after second-quarter results outpaced analysts’ expectations, boosted by revenue from its blockbuster treatments.

Anglo American cut its 2024 coal-production target after a fire incident at a major mine is set to suspend production for the rest of the year, while backing guidance for its key metals copper and iron ore.

Taiwan Semiconductor Manufacturing Co.’s second-quarter net profit jumped on surging demand for advanced chips amid the global artificial-intelligence boom.

San Diego-based pet food retailer said that interim CEO R. Michael Mohan would transition to a new role leading a board committee focused on value creation.