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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 link
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 sense. Source link
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 link
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
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
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
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
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 link
'Forever Chemicals' Settlement Weighs on 3M Earnings
The company raised its earnings expectations for the year despite swinging to a quarterly loss. Source link
Rental Cars Are the New Airbnb
Entrepreneurs are renting out fleets of cars through services including Turo and Getaround, or building their own websites. Source link