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Big Manufacturers Try Crowdfunding to Market-Test Products
GE Appliances and others seek customer feedback and payment in advance to help validate a concept. Source link
Sweetgreen Hires Former Chipotle Executives, Readies Mid-America Push
Sweetgreen hired two former Chipotle Mexican Grill executives to lead its marketing and culinary development, part of the salad chain’s strategy to expand beyond large
The AI Trade Faces Its First Major Test With Nvidia Earnings
The chip maker’s rosy forecast lifted markets in a turbulent time—but the bar to dazzle investors is higher now. Source link
U.S. to Ban Some Investments in China
President Biden plans to sign an executive order that will also require U.S. private-equity and venture-capital firms to disclose certain investments in the country. Source
First Pill for Postpartum Depression Is Approved by FDA
The pill, to be taken daily for at least two weeks, significantly reduced postpartum depression among new mothers in a recent trial. Source link
Venture Capitalist Seeks to Spur Drug Development for Rare Autoimmune Disease
Venture capitalist Luke Evnin has financed several successful biotechnology startups that develop treatments for cancer. Now he is encouraging drugmakers to tackle another disease: a rare autoimmune condition that
Volkswagen Seeks to Reclaim China Crown in Deal With EV Maker
The German auto giant bought a stake in Chinese rival XPeng after praising the dynamism and innovation of local automakers. Source link
Meta, Microsoft Team Up to Offer New AI Software for Businesses
The Meta AI model, dubbed Llama 2, will be free and available to developers building software on Microsoft’s Azure cloud-computing platform. Source link
Obesity Drugs Won't Starve These Other Potential Blockbusters
Stocks of developers of fatty liver disease treatments had been on a tear until results from Eli Lilly’s medication were published last week. Source link
Moderna, Merck Show Progress Toward Cancer Vaccines
An mRNA shot helped prevent relapse in high-risk melanoma patients. Source link
