The chief investment officer of Mousse Partners, which manages the wealth of the family behind luxury brand Chanel, is stepping down after about a decade at the firm. 

Meta Platforms Inc. will stop selling its Quest virtual reality headsets to business customers and discontinue a number of software services that run on the devices. The company announced the move on Thursday. The decision is not unexpected: Earlier this week, Meta laid off more than 1,000 staffers from the Reality Labs business unit that...

Rising electricity costs and the rapid build-out of energy-hungry data centers across the mid-Atlantic region brought a bipartisan group of governors to the White House Friday for an agreement on a joint action plan meant to “ensure data centers pay their fair share.” The proposal also would extend a wholesale price cap that is now...