World Business
The latest World Business coverage from the Chattanooga Times Free Press, part of our Business section.
More in World Business, page 21
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Self-exiled Chinese billionaire Guo Wengui gets 30 years in US prison for fraud conviction
A self-exiled billionaire Chinese business tycoon once believed to be among China's wealthiest men was sentenced Monday to 30 years in a U.S. prison for a massive financial fraud that a federal judge said cost over 1,000 people worldwide hundreds of millions of dollars.
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BMW will build a new electric SUV in South Carolina
BMW said Tuesday that it would begin producing electric vehicles in the United States by the end of the year, a contrarian move when many automakers are slowing investment in the technology.
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Four days to make victims fall in love: How global scammers use US tech to fleece people
Technology from American companies is being used to power a revolution in the scam industry, playing a key role in the industrialization and globalization of fraud in ways that have not been clear until now, an AP/"FRONTLINE" investigation has found.
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US stocks rise and trim their losses for June
U.S. stocks rose Tuesday and trimmed their losses in what had been a rocky June.
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Consumer confidence ticks up as gas prices fall but Americans remain gloomy about the economy
Americans' attitudes toward the economy improved slightly this month as gas prices declined, but their outlook is still mostly negative by historical standards.
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The Strait of Hormuz’s future is unsettled in wake of latest strikes
The flow of ships and oil through the Strait of Hormuz was starting to pick up. Then an Iranian drone hit a cargo ship trying to pass the strait through a route Iran doesn’t like. The U.S. responded with strikes of its own on Iranian military facilities, and more fighting erupted.
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US stocks rise and recover some of their losses from a rare losing week
U.S. stocks rose Monday and recovered some of their losses from a rare losing week.
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WhatsApp will allow users to go by usernames instead of phone numbers, closing a privacy blind spot
WhatsApp users will soon get the option of going by usernames instead of phone numbers, the company said Monday, announcing plans to address a privacy blind spot.
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Microsoft’s $530 billion rout sets up its worst month since 2008
Microsoft Corp. shares are heading for their worst month in years as investors continue to fret about how the software giant will fare in a world marked by artificial intelligence.
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Australia plans to strengthen laws banning children from social media
The Australian government plans to strengthen laws that ban children younger than 16 from social media platforms, Prime Minister Anthony Albanese said.
