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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
Pratt & Whitney Engine Problems Lead Airlines to Reduce Some Flights
The aerospace and defense company RTX’s bet on single-aisle jetliners has run into quality and durability concerns. 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
Laid-Off Tech Workers Launch ‘Revenge Startups’ Just as Money Dries Up
Venture-capital investors, as recently as last year, used to seek out founders who were quitting their tech jobs to launch their own businesses. Now that
Climate Funding Gets Squeezed by Volatile Markets
The interest-rate increases and market volatility that hit risky investments last year have finally caught up with green startups. The sector, which includes everything from
Debt Grows More Expensive, Harder to Get for Startups After SVB Collapse
With Silicon Valley Bank’s future uncertain, startups backed by venture capital looking for new lenders are facing higher borrowing costs, onerous terms or even closed
