BUSINESS

Should President Daniel Ortega pursue his dream of building the Nicaragua canal? Experts' advice is to sleep on it.

Demand for shark fins is falling, not a moment too soon considering a third of the world's shark species are facing extinction.

Microsoft has launched a new keyboard and mouse, which, the company says, combine looks and comfort.

While Apple fans eagerly await the new iPhone 5S and the low-cost iPhone 5C, the long-awaited devices may have certain limitations.

An 18-member crew was on board the vessel when the accident occurred in a Mumbai port.

Tim Armstrong has apologized after firing Patch creative director Abel Lenz on a conference call.

DrinkSavvy is producing color-changing drinkware that will alert you if your drink has been spiked with a date-rape drug.

Elon Musk unveiled his plan for The Hyperloop on Monday, posting new details about the revolutionary high-speed transportation system on his blog.

Arthur Sulzberger Jr.'s sale of company stock churned the rumor mill following the sale of the Boston Globe and Washington Post.

Experts say that Mexico can benefit from privatizing oil industry.

Bruno Iksil, the controversial trader in the "London Whale" scandal, will not face criminal or civil charges after agreeing to a deal.

Gold companies are expected to cut costs in coming years to cope with high operating costs amid lower gold prices.

A Trudie Gotz shop worker claims Oprah Winfrey lied about an allegedly racist encounter at their Zurich store in which she says she was denied the chance to view an expensive handbag.

Investor Carl Icahn has taken a large position in Apple's stock and looks set to pressure the company for more share buybacks.

The U.S. Treasury now owns about $6.7 billion worth of GM shares, a sum that's less than half of what GM owes it.

Diane Cashin, with 30 years of experience in business, reflects on her own triumphs and on what holds women back in their careers.

Foreign banks in India will be able to set up more domestic operations because of financial regulations expected this week.

Atlanta Fed President Lockhart said Tuesday even with a taper's start, interest rates will remain low for some time.

U.K. oil company Soma has made a deal with the nascent Somali government, but some say it's too soon.

Mexico President Nieto's proposed reform could shake up the core of the nation's oil industry, but it's winning few converts.

Piano maker Steinway is being pursued by two suitors. Here's a look at some fun facts about the 160-year-old firm.

The U.S. Justice Dept. argued that the merger would raise prices and reduce competition in the U.S. air travel market.

In a crackdown to curb methamphetamine (meth) production, CVS stores nationwide will soon ask for identification for customers looking to purchase nail polish remover, limit the amount available for purchase, and will not sell the acetone-based solution to anyone under the age of 18.

Autos costs a lot more in China than comparable models abroad, and Chinese anti-trust authorities are reportedly on the case.

Even as foreign investors become keenly interested in the country's booming real estate market, Myanmar's wealthy are taking their cash to London.

A personal jetpack developed by Martin Aircraft was approved for manned test flights by New Zealand regulators.

The Gap Inc. and Kraft Foods Group's Jell-O brand will make a big advertising push this fall. Watch the evolution of their ad campaigns over the years here.

July retail sales met the consensus estimate, and there was strength in cars and homes.

India's finance ministry raised import duties on gold to 10 percent from 8 percent - in an anti-trade deficit effort.