Feb 27 (Reuters) - Canada Pension Plan Investment Board and Equinix (EQIX.O), opens new tab have agreed to acquire Nordic data center operator atNorth from private equity firm Partners Group in a deal ...
While the artificial intelligence industry touts that AI will replace entry-level jobs, not every company is scaling back hiring these positions. In IBM’s case, it’s going all in. Hardware giant IBM ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
If you are interested in organisations and geometry, these are heady times. The classic shape of the company hierarchy is a pyramid: lots of people at the bottom, tapering to a single point at the top ...
America’s AI boom is pushing the nation’s largest power-grid operator to the brink of a supply crisis. Sixty-seven million people in a 13-state region stretching from New Jersey to Kentucky get their ...
The U.S. economy added fewer jobs than expected in December, capping what economists say was the weakest year for job creation since 2009, aside from 2020. Data from October shows about 73,000 job ...
The most recent jobs data for Connecticut shows the state added jobs in November, but also saw a rise in the unemployment rate that month. The Connecticut Department of Labor released the jobs data ...
Private-sector employers in the U.S. cut 32,000 jobs in November, payroll firm ADP said Wednesday, a surprise drop that could firm up expectations of an interest rate cut next week. Forecasts had ...
In October, the Fed cut interest rates for the second time this year, although Chair Jerome Powell said a third cut is ‘not a foregone conclusion.’ WSJ’s Nick Timiraos explained the central bank’s ...
A data center operator is looking for room to grow at its Peachtree Corners facility. Clovelly Fund, owner of 2755 Northwoods, is under contract to sell the facility to Flexential for an undisclosed ...
Artificial intelligence infrastructure startup Lambda Inc. today announced that it has closed a late-stage funding round worth more than $1.5 billion. TWG Global, a holding company led by billionaire ...