Business
From local business openings to the TVA, commercial real estate and growth and development, the Times Free Press covers all aspects of the Chattanooga area’s business community
More in Business, page 97
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New manufacturing company to bring $125M investment, 500 jobs to Macon
New manufacturing company to bring $125M investment, 500 jobs to Macon
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Iranians are back online after a monthslong shutdown but still face heavy restrictions
Iranians began to regain internet access on Wednesday after authorities ended a monthslong shutdown. But users said service was slow and spotty in some areas, with apps like YouTube and Instagram heavily restricted, as they were before the cutoff began during nationwide protests in January.
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Average US long-term mortgage rate climbs to 6.53%, the highest level in 9 months
The average long-term U.S. mortgage rate rose again this week, reaching its highest level in nine months, another setback for prospective homebuyers.
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US imposes sanctions on Iranian agency trying to control shipping in the Strait of Hormuz
The Trump administration on Wednesday placed additional sanctions on Iran as part of a sprawling economic pressure campaign during the war, this time targeting the country's newly created agency that is trying to control shipping through the Strait of Hormuz.
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Subscriber Exclusive
Chickamauga lock contractor to lay off 183 workers, notice says
A contractor recently fired from the Chickamauga lock replacement project has informed the state that it will lay off 183 people in Hamilton County.
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Subscriber Exclusive
Chattanooga-based Seven States to build grid batteries with $439M in federal funds
Seven States Power Corp., a Chattanooga-based energy cooperative, will use $439 million in loans and grants from the U.S. Department of Agriculture to build grid-level batteries across Tennessee.
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Pickleball and shaved ice: See the business licenses issued last week in Hamilton County
These are the business licenses issued last week by Hamilton County officials.
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Median pay for CEOs rose nearly 6% in 2025, but some compensation packages were eye-popping
The typical CEO compensation package rose nearly 6% in 2025 to $17.7 million, as company boards rewarded their top executives for bigger profits and higher stock prices, and gave them incentives to stick around and make even more money for shareholders.
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Trump wants to create more banks. Many firms are heeding his call.
Cryptocurrency companies and financial technology upstarts have long cast themselves as challengers to traditional banks. But now, many are seeking licenses to enter the very industry they once sought to upend: That is, they want to become banks.
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US stocks inch to more records after oil prices drop
U.S. stocks inched to more records Wednesday after oil prices fell and eased the pressure on households and businesses worldwide.
