World Business
The latest World Business coverage from the Chattanooga Times Free Press, part of our Business section.
More in World Business, page 26
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Australia sues 3M for $1.4B over ‘forever chemicals’
The Australian government said Thursday that it was suing 3M for more than $1.4 billion in damages, alleging that the American industrial conglomerate had concealed information about the harmful effects of “forever chemicals” used at more than two dozen military sites across the country.
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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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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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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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Oil giant BP ousts new chairman over ‘conduct’ and shares slide
BP has ousted its chairman over what it called serious concerns related to “important governance standards, oversight and conduct.”
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Wall Street keeps rising, even as U.S. households keep getting more discouraged
The split between Wall Street and most U.S. households grew wider Friday as U.S. stocks rose to the finish of their eighth straight winning week, the best such streak since 2023. That’s even though a survey showed U.S. consumers are feeling even worse about the economy.
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US stocks edge higher following the latest U-turn for oil prices
Hour-to-hour swings for oil prices keep jerking financial markets around, and U.S. stocks wavered Thursday following the latest reversal.
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Nvidia’s profit hits $58.3B as AI boom gathers more steam
Another huge quarterly profit announced by chipmaker Nvidia on Wednesday provided solid evidence that Silicon Valley’s artificial intelligence spending spree is still gathering steam.
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Putin and Xi hail their friendship and growing energy trade at their meeting in Beijing
Chinese leader Xi Jinping and Russian President Vladimir Putin hailed their strategic ties and growing energy trade as they met in Beijing Wednesday only days after a visit by U.S. President Donald Trump to China.
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Tesla’s newest electric vehicle could jolt the trucking industry
Tesla hasn’t had a blockbuster new product since the Model Y sport utility vehicle went on sale in 2020.
