World Business
The latest World Business coverage from the Chattanooga Times Free Press, part of our Business section.
More in World Business, page 86
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Japan’s Sony raises forecast on solid results in its game business
Japanese electronics and entertainment company Sony reported a 3% gain in October-December profit Thursday, and raised its full-year forecast.
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Her parents were injured in a Tesla crash. She ended up having to pay Tesla damages
Zhang Yazhou was sitting in the passenger seat of her Tesla Model 3 when she said she heard her father's panicked voice: The brakes don't work! Approaching a red light, her father swerved around two cars before plowing into an SUV and a sedan and crashing into a large concrete barrier.

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Trump readies matching tariffs on trade partners, possibly setting up a major economic showdown
President Donald Trump is taking additional action to upset the world trade system, with plans to sign an order as soon as Wednesday that would require that U.S. tariffs on imports match the tax rates charged by other countries.

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Why are Ukraine’s minerals key to keeping US military aid flowing?
Ukraine has offered to strike a deal with U.S. President Donald Trump for continued American military aid in exchange for developing Ukraine's mineral industry, which could provide a valuable source of the rare earth elements that are essential for many kinds of technology.

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An unwanted double: US sales fall for American whiskeys as threats of a trade war heat up
Like a watered-down drink, domestic sales for American whiskeys were unsatisfying in 2024, as inflation reined in consumer spending on some distilled spirits. But it's tariffs that loom as one of the stiffest challenges ahead, threatening to deplete sales in key foreign markets, an industry group said Tuesday.

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With firings and lax enforcement, Trump moving to dismantle government’s public integrity guardrails
In the first three weeks of his administration, President Donald Trump has moved with brazen haste to dismantle the federal government's public integrity guardrails that he frequently tested during his first term but now seems intent on removing entirely.

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JD Vance rails against ‘excessive’ AI regulation in a rebuke to Europe at the Paris AI summit
U.S. Vice President JD Vance on Tuesday warned global leaders and tech industry executives that “excessive regulation” could cripple the rapidly growing artificial intelligence industry in a rebuke to European efforts to curb AI’s risks.

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EU vows countermeasures to US tariffs. Bourbon, jeans, peanut butter, motorcycles are easy targets
U.S. tariffs on steel and aluminum “will not go unanswered,” European Union chief Ursula von der Leyen vowed on Tuesday, adding that they will trigger tough countermeasures from the 27-nation bloc.

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Trump steps up his 2018 tariffs on steel and aluminum, risking inflation on promise of more jobs
President Donald Trump on Monday removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%. Trump also hiked his 2018 aluminum tariffs to 25% from 10%.

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Trump says he has directed US Treasury to stop minting new pennies, citing rising cost
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.
