Business

Federal prosecutors have secured new indictments against a former BP engineer and a former BP executive charged separately with obstructing investigations of the company's 2010 oil spill in the Gulf of Mexico.

The Detroit Red Wings and city officials have announced a $650 million plan for a new arena for the NHL team in the city's downtown entertainment and sports district.

Netflix is going Dutch. The online video giant said Wednesday it will expand into the Netherlands, its 41st country, later this year.

The Federal Reserve expects the U.S. unemployment rate to fall faster this year and in 2014 than it did in March, officials said Wednesday.

The Federal Reserve said Wednesday it will maintain the pace of its program to keep long-term interest rates at record lows, but offered a slightly more optimistic outlook for the U.S. economy and job market.