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False Hope: Ferry Relative Told Missing Aunt Was 'Alright'

JINDO, South Korea - A relative of a missing woman on the doomed South Korean ferry was assured by officials that she was safe even as the disaster was unfolding.

ABC News: Business 

Stunning Private Islands For Sale

From an island in the Bahamas with its own airplane landing strip to a woodsy getaway near Maine in Canadian waters, if you have the cash, you can live in paradise on your very own private island.

TIME Magazine Online: Top Business Stories 

Here Comes the Next Big Push to Get Drivers to Buy Electric Cars

MoreNew York Governor Says Deal Protects Tesla SalesThe Government Is a Hit Man: Uber, Tesla and Airbnb Are in Its CrosshairsBeloved Little Car Amazingly Gets Smaller and Roomier at Same TimeEverybody understands that one big upside of owning an electric car is that you’ll never have to spend a penny on gasoline. Now, you won’t…

Reuters: Business News 

GM could benefit, too, from an ignition-switch victims fund

(Reuters) - If General Motors Co creates a fund to compensate victims of its faulty ignition switches, an option that a top legal adviser suggested it is exploring, the company could give up strong defenses to a wave of lawsuits. But it could stand to gain even more.

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