Expansion of data centers fuels demand for generators and battery backups: “You cannot have downtime.”

Vinci has appointed company veteran Pierre Anjolras as chief operating officer, marking the first step in the process to name a successor for chief executive Xavier Huillard, whose term will end next year.

The Canadian business-jet manufacturer said it plans to focus on three segments—defense, aftermarket services and selling pre-owned certified aircraft—as key pillars to grow its revenue and cash reserves in the coming years.

China dominates the market, but U.S. defense needs are pushing a revival effort after decades of deindustrialization.

The CEO is shifting the EV maker’s strategy and suggesting that he could take his ideas on AI elsewhere.

The government has referred 860,000 delinquent Covid loans for collection—tacking on billions of dollars in fees for small-business borrowers.