BUSINESS

A small Piper PA-34 aircraft had lost contact with air traffic controllers soon after its pilot reported engine problems.

Indonesian officials are deploying a remote-operated vehicle to capture the images of the objects found in the Java Sea.

AirAsia Flight 8501 wasn't given permission to fly its route, according to the country's transport ministry.

Controversy aside, Uber is driving toward an annual revenue run rate of $10 billion by the end of this year.

U.S. stocks retreated modestly Friday, reversing an earlier advance.

Despite the lowest oil prices in years, the U.S. appears poised to increase production in 2015 -- and all eyes will be on North Dakota.

The plane, with 25 passengers and three crew members on board, was reportedly caught in strong crosswinds.

Regulated fares in the country rose up to 2.5 percent, including season tickets, while the overall fares went up by an average of 2.2 percent.

The Markit/CIPS UK Manufacturing Purchasing Managers' Index (PMI) fell to 52.5 from 53.3 in November, hitting a three-month low.

A total of 30 bodies have so far been recovered from the Java Sea where AirAsia Flight 8501 went down Sunday.

Piketty said that it wasn't the government's job to decide who is "honorable."

An anonymous Samsung employee reportedly confirmed the "Project Zero" code name for the Galaxy S6.

Experts reportedly believe that the plane failed to send crash transmission data as it may have made an emergency water landing.

Indian manufacturing activity expanded at its fastest pace in two years in December as new orders flooded in.

The euro started the new year at 29-month lows in Asia after the head of the head of the European Central Bank fanned expectations it would take bolder steps on stimulus this month.

GM announced three new recalls affecting nearly 84,000 SUVs and pickups, saying ignition systems may have problems that could affect engine power and air bag deployment.

The American Automobile Association predicts that American consumers will save up to $75 billion on gasoline in 2015 as oil prices remain low.

“Saudi Arabia can take a step to have a productive role in this situation,” a top Iranian official said.

Prime Minister Narendra Modi had announced in August that his government would replace the Planning Commission with a new organization.

The flight had reportedly covered over half of its 13-hour journey when it was decided to make the unscheduled landing.

Eight bodies have been recovered so far from the choppy seas off the coast of Borneo as rescuers race against "time and weather."

On board the plane were the pilot and a mechanic, both of whom worked for Cochise Air.

Just over two-thirds responded that they expected to increase investment levels.

As bad weather hampers recovery efforts, investigators believe that the pilot climbing too steeply may have caused the plane to stall.

Over 50 divers are preparing to descend to the floor of the Java Sea to explore the suspected wreckage of the AirAsia plane.

A property slump is expected to last well into 2015, companies will continue to struggle to pay off debt and export demand may remain erratic.

And here's the good news: You've been warned.

The Dow, S&P 500 and Nasdaq closed lower in the final day of 2014 trading, but they all posted gains for the year.

China's economy is expected to slow, affecting many other Asian countries. But experts are generally upbeat on the region.