BUSINESS

While the Baltic Dry Shipping Index has long been considered a predictor of the global economy, the drop isn't as foreboding as it seems.

Coastguard, navy and private divers scoured the site of the accident, about 12 miles off the country's southwestern coast.

General Mills is asking customers to relinquish their right to sue, but that could be rendered illegal under a bill to curb forced arbitration.

The lack of testing for this undermines GM's claims that the cars are safe. In 2004, engineers complained the ignition switch could be turned off if the key was kneed.

The Democratic senator from Minnesota sent an impassioned letter asking Netflix CEO Reed Hastings to weigh in on the proposed Comcast-TWC merger.

The huge Chinese social media company's IPO came in a bit light but it's not likely a warning sign for Alibaba's big plans later this year.

South Korean coast guard officials are currently questioning ferry captain, Lee Joon-seok, 69, as uncomfirmed reports claim he was among the first to abandon ship.

Morgan Stanley managed to boost revenue in its bond trading business, after posting a particularly weak first quarter in 2013

Five McDonald’s guest workers in Canada say they were compelled to live where their employer told them to live.

Dodge is debuting the 2015 Charger and the 2015 Challenger at the 2014 New York Auto Show on Thursday. The live stream begins at 11:30 a.m. EDT.

About a dozen planned power projects may lessen Pakistan's energy shortage.

Ahead of the long weekend, data on jobless claims and a packed earnings calendar should influence markets.

The reason behind the sinking of the ferry, Sewol, is yet to be determined.

Nisha Biswal, U.S. assistant secretary of state for South and Central Asia, said economic growth in South Asia hinged on India as the region's growth engine.

Grieving family members gathered on the quay of the coastal city of Jindo as efforts to locate the missing went into a second day.

Documents show the Cadillac brand experienced ignition-switch issues similar to those that triggered the 2014 recall of 2.6 million compacts.

Google Inc. and International Business Machines Corp. both reported fiscal first-quarter earnings after U.S. markets closed on Wednesday.

Google Inc. posted higher revenues and profits but failed to meet Wall Street expectations for Q1.

After decades of turmoil, Angola is on the verge of catapulting to the top ranks of the world’s energy economy.

Google Inc. shares fell more than 5% in extended-hours trading after posting quarterly EPS ex. items of $6.27 on sales of $15.42 billion.

Also, Google's internet business revenue rose 19% in Q1 - also below Wall Street's estimate, as online ad prices continued to decline.

The probe concerned the sale of flawed mortgage securities ahead of the financial crisis, people familiar with the negotiations, said.

The Land Rover Discovery Concept car will debut at the 2014 New York Auto show on Wednesday.

In a New York speech, Fed Chair Yellen said central bankers and many economists see full employment and stable prices by the end of 2016.

Vessels and ships continued search efforts throughout Wednesday night after a ferry sank off the southwest coast of South Korea, leaving six dead and 281 missing.

The infamous Kentucky Fried Chicken Double Down, a breadless sandwich that has two pieces of fried chicken instead of a bun, will return to the KFC menu.

The 2015 Acura TLX will be unveiled at the 2014 New York Auto Show on Wednesday. The live stream begins at 1:50 p.m. EDT.

Iusacell SA de CV accused IBM Wednesday of making fraudulent representations that caused it to lose $2.5 billion in profits.

IT outsourcing firms with Indian ties are flooding the U.S. guest worker application system to obtain the greatest share of guest worker visas.