Writing the summary…
GM says hybrid vehicles are coming: 'We're not tone deaf to our customers'
Source: CNBC
Original reporting
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CNBC
Satya Nadella reinvented Microsoft once. Can he do it again in the AI era?
After succeeding Steve Ballmer in 2014, Satya Nadella turned Microsoft into a cloud giant. Now he's tasked with making the company a force in AI.
CNBC
China shuts hundreds of banks as Beijing moves to shore up its financial system
Beijing shuttered 670 mainly rural banks last year in a bid to create fewer, larger and better-capitalized lenders.
CNBC
Russia plague: What we know about the suspected case reportedly linked to a lab worker’s death
According to local media reports, as many as 189 people have also been placed under medical observation in Irkutsk in Eastern Russia.
The Guardian
Sainsbury’s and Morrisons held talks over potential multi-billion-pound merger, reports say – business live
A deal would test regulators’ appetite for dealmaking in competitive supermarket industry The UK’s telecoms regulator Ofcom has welcomed the deal. Dame Melanie Dawes , Ofcom’s chief executive, said: After a prolonged period of uncertainty around TalkTalk Group’s future, we welcome the prospect of a commercial solution that protects customers and secures continuity of critical communications services. The transaction will now be subject to the appropriate clearances and we’ll be working closely with the government and the Competition and Markets Authority during that process. Existing regulatory obligations will continue to apply. We’ll keep a close eye on the transition to protect consumers and competition, and we have written to BT today to underline our expectations. TalkTalk’s 1.5 million customers will want to know what this morning’s news means for them. The short answer is: nothing
CNBC
Cerebras stock climbs 6% after Sam Altman calls the chipmaker a 'close partner'
Cerebras stock climbed in premarket trading after OpenAI's CEO Sam Altman reassured investors that the firm is a "close partner."
CNBC
Treasury yields rise as traders await data, Fed minutes this week
U.S. Treasury yields are coming off a sharp selloff as investors look ahead to the Federal Reserve's last meeting minutes.