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Around baseball, the reaction to the valuation of the Baltimore Orioles at $1.725 billion was one of surprise and in some cases disbelief. Seven industry analysts and rival officials, granted anonymity in exchange for their candor, all used the same word to describe the price: “Low.” The Orioles officially announced the sale of the franchise …
The Biden administration proposed new rules on Friday aimed at shifting more production of electric vehicle batteries and the materials that power them to the United States, in an attempt to build up a strategic industry now dominated by China. The rules are meant to limit the role that Chinese firms can play in supplying …