Business
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More in Business, page 68
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US stocks rise after data shows slowing inflation, even as IBM plunges
Stocks rose Tuesday after a report showed U.S. inflation was not as bad last month as economists expected. That was even though oil prices continued to climb on worries that the United States and Iran may return to all-out war.

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UAW president hires criminal defense team amid federal grand jury probe
United Auto Workers President Shawn Fain, who is being investigated by a federal grand jury, has hired two former federal prosecutors who specialize in fraud and bribery cases and work as defense lawyers for a Washington, D.C., firm with a stable of high-profile clients, including trillionaire Elon Musk and former New York City Mayor Eric Adams.

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Farmers win right to repair their own John Deere tractors, but more reform sought
Minnesota and four other states joined the Federal Trade Commission (FTC) in settling a high-profile lawsuit against Deere & Company, with a stipulation that the company make it easier for farmers to repair their own iconic green John Deere tractors.

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Subscriber Exclusive
The Bend developer aims to assuage Chattanooga board
A change in the ownership structure for a riverfront project called The Bend has caused a Chattanooga board that oversees tax incentives to scrutinize its deal with the developer.

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Subscriber Exclusive
Former Chattanooga-Hamilton planning chair addresses county mayor’s comments
‘We don’t need a developer leading the Planning Commission,’ Wamp says

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Subscriber Exclusive
Chattanooga officials purchase Quarry golf course parcel for $900K
The city of Chattanooga has officially purchased a few acres of an old golf course off Mountain Creek Road.

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12 states challenge Paramount’s takeover of Warner Bros, say merger would ‘extinguish competition’
Twelve states sued to block Paramount’s takeover of Warner Bros. Discovery on Monday, arguing that the $81 billion merger would “extinguish competition” in Hollywood and lead to fewer choices for consumers across the U.S.

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Nearly 200 economists and tech leaders warn of AI threats
Artificial intelligence could transform the economy faster than any previous technology, and policymakers must move equally quickly to figure out how to respond, a group of economists and researchers are warning.

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Oil prices jump following the latest fighting in the Middle East, while AI stocks sink
Oil prices jumped Monday following a weekend of attacks in the Middle East, while more losses for computer chip companies and other winners of the artificial-intelligence boom dragged stock markets lower.

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Massive AI buildout poses latest inflation threat as consumers pay more for laptops and electricity
American consumers — and the Federal Reserve — are being hit with another high-cost headache.
