The 110th Indianapolis 500 is scheduled for Sunday, with the green flag dropping at 12:45 p.m. ET. The field includes nine past winners, such as four-time champion Helio Castroneves and two-time ...

Elevator and escalator company Kone Oyj (KNYJF) is in advanced discussions to purchase TK Elevator. The Finnish company is progressing in talks with TK Elevator’s private equity backers, Advent and ...

Kone Oyj is in advanced talks to acquire TK Elevator in what’s set to be one of Europe’s biggest takeovers this year, people familiar with the matter said. The Finnish company is progressing in ...

Elevator and escalator company Kone Oyj (KNYJF) is in talks to purchase TK Elevator from its private equity owners. The Finnish company is working with advisers on a potential cash and stock deal for ...

Industry Insight from Reuters Events, a part of Thomson Reuters. U.S. grid owners are investing in cost-efficient grid enhancements and virtual power plant schemes to help meet soaring demand but ...

Early last year, a cluster of data centers in Virginia suddenly dropped off the power grid, threatening the stability of the already vulnerable system. The roughly 40 data centers, which had been ...

The GW Ranch project approved on 8,000 windswept acres of West Texas will look like many of the other data centers that have sprung up across the country to support Silicon Valley’s ambitions for ...

Massachusetts is making a big push for batteries — not the kind you put in a flashlight, but powerful, tractor trailer-sized batteries that store energy for the electric grid. State officials say more ...

Massive data centers are pushing energy demand higher. Some people claim that AI will be a net benefit for the grid. The rising popularity of AI is driving an increase in electricity demand so ...