Automakers turn to hybrids in the middle of the EV transition

2023 Prius Prime on display, April 6, 2023.Scott Mlyn | CNBCDETROIT — As sales of all-electric vehicles grow more slowly than expected, major automakers are increasingly meeting their customers in the middle.More and more companies are reconsidering the viability of hybrid cars and trucks to appease consumer demand and...

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Starbucks tells union it wants to resume contract talks in January

Members and supporters of Starbucks Workers United protest outside of a Starbucks store in Dupont Circle in Washington, D.C., on Nov. 16, 2023.Kevin Dietsch | Getty ImagesStarbucks said it wants to resume contract talks with the union representing its baristas, starting in January.Saturday marks the two-year anniversary of the...

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Paramount PARA shares jump after reports of takeover interest

Paramount logo is seen on the building in Los Angeles, United States on November 13, 2023.Nurphoto| Getty ImagesParamount Global shares surged Friday following reports from Deadline and Puck News that Skydance and Redbird Capital were exploring potentially taking over the media giant.Paramount shares were up more than 14%. The...

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First CRISPR gene-editing treatment approved in U.S.

Blood sample tube with blood for Sickle Cell Screen -Test. Sickle cell blood test, abnormal hemoglobin test.Md Babul Hosen | Istock | Getty ImagesThe U.S. Food and Drug Administration on Friday approved the country's first gene-editing treatment, Casgevy, for use in patients with sickle cell disease.The approval comes about...

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Unemployment among Asian workers and Black men rises in November while the overall rate declines

Commuters arrive into the Oculus station and mall in Manhattan on November 17, 2022 in New York City.Spencer Platt | Getty ImagesThe labor market deteriorated for both Asian and Black workers in November, according to data released Friday by the Department of Labor.The overall unemployment rate declined 0.2% to...

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