Sunburst Hack Costs SolarWinds At Least $18M
The company expects to incur "significant legal and other professional services expenses" associated with the hack of its software in future quarters.
Moving Beyond ‘Survive-at-All-Costs’ Mode
Expensive quick fixes are helping companies endure COVID-19 but they are not sustainable over a prolonged period of heightened volatility.
Sempra Energy Beats out Buffett for Oncor
The utility operator will acquire Oncor's bankrupt owner for $9.45 billion, adding Texas' largest power transmission system to its portfolio.
IPO Values Green Energy Firm at $22 Billion
Germany's largest initial public offering in 16 years will raise 2 billion euros for Innogy, the renewable energy business of utility RWE.
U.S. Industrial Output Falls 0.5% in February
The larger-than-expected decline reflects sharp drops in the mining and utilities sector that outweighed an increase in manufacturing.