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U.S. Steel shares plunge as Biden prepares to block Nippon Steel takeover

United States Steel Mon Valley Works Clairton Plant and Clairton Coke Works facility in Clairton Pennsylvania, Monday, September 11, 2023. Thomas O’Neil | Nurphoto | Getty Images U.S. Steel shares tumbled 17% on Wednesday as the White House is reportedly preparing to block the company’s planned sale to Japan’s Nippon Steel. People familiar with the matter told The Washington Post …

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The Internet Archive just lost its appeal over ebook lending

The Internet Archive has lost its appeal in a fight to lend out scanned ebooks without the approval of publishers. In a decision on Wednesday, the Second Circuit Court of Appeals ruled that permitting the Internet Archive’s digital library would “allow for widescale copying that deprives creators of compensation and diminishes the incentive to produce new works.” The decision is …

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US safety regulators say it’s time to investigate Shein and Temu

Safety regulators are urging the US Consumer Product Safety Commission (CPSC) to investigate the ultracheap e-commerce platforms Shein and Temu. In a statement published Tuesday, two CPSC commissioners say Shein and Temu “raise specific concerns,” including reports that “deadly baby and toddler products are easy to find on these platforms.” The statement cites last month’s report from The Information, which …

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