New York Times business news - July 14
WBD•U.S. and Iran return to open conflict
The U.S. and Iran returned to open conflict less than a month after the two sides reached a truce, with U.S. forces striking Iran for a third consecutive night and President Donald Trump reinstating a naval blockade on Iranian ports.
States sue to block Paramount's acquisition of Warner Bros. Discovery
A coalition of 12 Democratic states including California, New York and Washington filed a lawsuit to block Paramount's PSKY.O $111 billion acquisition of Warner Bros. Discovery WBD.O, arguing that the deal would damage the competitive market for distributing films.
Trump says U.S. will charge fee on shipments through Strait of Hormuz
U.S. President Donald Trump said that the United States would charge a 20% fee on all cargo shipped through the Strait of Hormuz to recover the cost of providing military protection to vessels using the waterway.
Waller says rates could rise if inflation data is higher than expected
Federal Reserve governor Christopher Waller said the central bank might soon have to raise interest rates if this week's inflation data appears higher than expected.
