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Expansion of data centers fuels demand for generators and battery backups: “You cannot have downtime.”
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 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.
Sony Pictures and Apollo Global Management have submitted an all-cash, $26 billion offer for Paramount Global, marking the second time the private-equity firm has come in with a bid for the entertainment giant.
The government has referred 860,000 delinquent Covid loans for collection—tacking on billions of dollars in fees for small-business borrowers.
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