Basic Materials/Resources

Diamonds Are on Sale. They Won't Be Forever.

A postpandemic glut has led to falling prices for some gems, but they are likely to bounce back. Source link

2 years ago

China Slips Into Deflation in Warning Sign for Global Economy

China entered deflationary territory for the first time in two years, pressuring Beijing to avoid a deepening economic malaise. Source…

2 years ago

Campbell's Sauce Upgrade Looks to Be Worth the Cost

The food company’s acquisition of Sovos, maker of the premium Rao’s tomato sauce, isn’t cheap. But it makes good strategic…

2 years ago

Wind Industry Hits Rough Seas

More than $30 billion in spending is delayed as crisis hits the renewable-energy sector that governments view as key. Source…

2 years ago

U.S. Steelmakers Are Still Expanding as Demand Slows

Nucor, U.S. Steel and others are counting on infrastructure projects and auto production to raise demand. Source link

2 years ago

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…

2 years ago

Cannabis Industry Confronts Billion-Dollar Threat: Weak Weed

A pathogen spreading among crops is cutting the recreational drug’s potency, forcing growers to cull “dudded” plants. Source link

2 years ago

Biden's 'Made in America' Pledge Collides With His Climate Goals

Companies and lawmakers are trying to influence how the government gives out billions in subsidies. Source link

2 years ago

Vale Nears Deal to Sell 10% of Its Base Metals Business to Saudi Arabia

The Brazilian miner is close to completing the deal with Saudi Arabia’s sovereign-wealth fund and a Saudi mining company. Source…

2 years ago

'Forever Chemicals' Settlement Weighs on 3M Earnings

The company raised its earnings expectations for the year despite swinging to a quarterly loss. Source link

2 years ago