South Australian company Wake Concepts collapses

South Australian construction company Wake Concepts has appointed a liquidator and terminated about 100 staff members. Wake Concepts specialised in the construction of wall and ceiling linings, with its major project at the time of liquidation being Adelaide’s Festival Tower in the CBD. Insolvency firm Heard Phillips Lieberenz was appointed on September 19 with Anthony … Read more

FDA approves 2 gene therapies for sickle cell. One is the first to use the editing tool CRISPR

Regulators on Friday approved two gene therapies for sickle cell disease that doctors hope can cure the painful, inherited blood disorder that afflicts mostly Black people in the U.S. The Food and Drug Administration said the one-time treatments can be used for patients 12 and older with severe forms of the disease. One, made by … Read more

Automakers turn to hybrids in the middle of the EV transition

2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC DETROIT — 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 avoid costly penalties … Read more

Sydney JND Homes customers calling for urgent action against builder

There are increasing calls for NSW Fair Trading to act against a Sydney builder that has a number of unfinished home builds, some whose owners have been told their houses’ conditions are so bad they need to be demolished and built again. Kathy Mattiello is one JND Homes client who has been waiting two years … Read more

Why the U.S. has a serious mining worker shortage

The U.S. is running out of miners. More than half the nation’s mining workforce, about 221,000 workers, is expected to retire by 2029, according to the Society for Mining, Metallurgy & Exploration, and the number of candidates willing to fill those slots is shrinking. “Our workforce is aging,” said Bold Baatar, chief executive of copper at … Read more

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 on November 16, 2023 in Washington, DC.  Kevin Dietsch | Getty Images Starbucks said it wants to resume contract talks with the union representing its baristas, starting in January. Saturday marks the two-year anniversary of the first unionization of … Read more

Exxon CEO dismisses worries FTC could hold up Pioneer deal

Darren Woods, CEO of ExxonMobil, speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 7, 2023.  Brendan Mcdermid | Reuters Exxon Mobil CEO Darren Woods on Thursday dismissed worries that the Federal Trade Commission could hold up the oil giant’s pending acquisition … Read more

Australians warn of dodgy loans as thousands of complaints made to government body

Finance lenders are under increased scrutiny after claims of dodgy loans in Queensland. Matthew Timms, 24, was interviewed by 7NEWS after a frustrating ordeal with finance company, Pepper Money, which specialises in ‘consumer lending and residential mortgages’, according to their website. Timms purchased a four-wheel drive car for camping and off-road driving and was recommended … Read more

Hunter Biden indicted on nine tax charges, adding to gun charges in special counsel probe

By LINDSAY WHITEHURST (Associated Press) WASHINGTON (AP) — Hunter Biden was indicted on nine tax charges in California as a special counsel investigation into the business dealings of President Joe Biden’s son intensifies against the backdrop of the 2024 election. The new charges filed Thursday — three felonies and six misdemeanors — are in addition … Read more

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 Images The 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 a decade after … Read more