Business

Generac Holdings Inc. GNRC is becoming a major supplier of power-generation equipment for Commercial and Industrial (C&I) customers, particularly the rapidly expanding data center market. In the second quarter, C&I sales jumped 29% year over year to $556.5 million, driven by ramping revenues from products sold into the global data center market. C&I adjusted EBITDA margin expanded to 14.6% from 12.4% in the prior-year quarter, led by tariff refunds and operating discipline, partly offset by unfavorable mix and growth investments. Following its second-quarter performance, management projected low-30% C&I sales growth for 2026 compared with its earlier mid-to-high-20% expectation. The driving force behind Generac's C&I acceleration is the data center industry. AI infrastructure is driving extraordinary demand for electricity and backup power. Data centers cannot tolerate prolonged power interruptions, making large-scale standby generation an increasingly critical component of infrastructure planning. Generac is benefiting directly from this trend.

When examining history, both good and bad, it's often difficult to tease out the precise details you want to share. What do you leave in? What do you take out? What details and minutiae do you list in depth, and what do you gloss over because you don't think they're important, or you're concerned about derailing the story you want to tell? And that's only considering the facts, and not any sort of spin you want to put on them when you're telling the story you want to tell.

Bringing you the latest fashion and beauty financing news, including investments and acquisitions.

ADVERTISEMENTOttawa WatchUnsinkable’s Executive Director Hailey Hechtman joins us next to tell us about an inspiring new roundtable series. October 06, 2026 at 9:31a.m. EDT

Billboard’s Top Music Business Schools 2026 list highlights the next generation of industry leaders at colleges and universities across the world.

New York, NY – Altaris, LLC (collectively with its managed funds, “Altaris”) announced today that it completed the acquisition of the Life Sciences & Healthcare business (“LS&H”) from Clarivate plc (NYSE: CLVT). LS&H will operate as an independent company under Altaris’ ownership with Henry Levy continuing to lead the business as Chief Executive Officer. LS&H will be headquartered in Pennsylvania and will be rebranded in due course. LS&H is an AI-enabled data intelligence platform providing decision-support tools for R&D and commercialization applications to the pharmaceutical, biotechnology, and medical technology industries. The company has two business units: Cortellis and Decision Resources Group (DRG). Cortellis delivers insights to its customers across drug development, regulatory, and safety use cases. DRG provides data-driven products and consulting services to optimize product commercialization and market access strategies. LS&H has approximately 2,300 employees across 22 countries serving a global customer base including the top 20 pharmaceutical companies and 18 of the top 20 medical technology companies.

British Airways is ripping out coach-class seats and building a giant premium economy and business class in a bet on the high-end travel boom.

Justine Musk said her former husband "thrives on chaos" and that "everything is life and death" in his narrative. For Elon Musk, chaos may be more than a management style: His ex-wife says it’s where he feels comfortable. Justine Musk described the billionaire’s appetite for intensity in a teaser posted Tuesday for Kara Swisher’s interview with her and filmmaker Alex Gibney ahead of the release of Gibney’s documentary “MUSK.”“I once described him as somebody who can, like, jump off the edge of a cliff and, you know, invent a parachute on the way down,” Justine Musk told Swisher about her ex-husband, “Like, I think he thrives on chaos.”Justine Musk, an author and the mother of Vivian Jenna Wilson, said the Tesla CEO's language often casts challenges as existential emergencies, with an element of performance. “Everything is life and death,” she said. “And I think he really lives like that. He really lives with that pitch of intensity.”That description echoes inside Elon Musk's companies. At xAI, current and former employees told Business Insider that Musk’s growing involvement led to abrupt shifts in priorities, intensive “war rooms,” and a group chat of more than 300 engineers.

Skip to Content News Archives Economy Defence Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Defence Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Defence Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeEntrepreneurSmall BusinessThis section is by BDCMajor projects could be a $443-billion boon for Canadian small businesses: BDC reportThe strongest growth is expected in the construction, mining, manufacturing, professional services and wholesale trade

Hours after announcing an initial committed investment in LIV Golf, BC Partners Credit head Ted Goldthorpe explained his confidence in the global league’s new business model while speaking at Sportico’s Invest London conference on Tuesday. “The more we dug into this, the disconnect between myth and fact is massive,” Goldthorpe said. “I think you can easily see a path in very short order to over $100 million valuations per team.”

Developers are embracing AI coding, but many feel exhausted, obsolete, and unable to trust it. The people building the AI boom are running on empty. According to Stack Overflow's 2026 Developer Survey, released Tuesday, nearly half of 30,903 developers surveyed in 169 countries reported being complacent in their current jobs, while a third were unhappy, and just over 22% were happy. Among the complacent group, burnout or tech fatigue was the leading reason, cited by 21% of respondents. The findings come amid an environment where software engineers' jobs are changing at breakneck speed. AI coding has taken over a greater share of their daily work — reducing some developers to button-pushers and human meat proxies, contributing to an identity crisis among some engineers, and fueling "off-the-charts" anxiety among tech workers. The malaise comes alongside a major shift in how software gets made. Stack Overflow found that almost two-thirds of respondents use AI coding assistants or agents, while 62% use general-purpose AI chat tools. Among daily AI users, 31% said they use them for four hours or more.