Engineers monitoring BP Plc’s damaged well in the Gulf of Mexico detected seepage on the ocean floor that could mean problems with the cap that has stopped oil from gushing into the water, the government’s top oil spill official said on Sunday. Earlier on Sunday, BP officials had expressed hope that the test of the…

Americans scrapped more automobiles than they bought last year as the ragged economy reduced demand and some major cities expanded mass transit service, according to a new report. The United States scrapped 14 million autos while buying only 10 million last year, shrinking the country’s car and light duty truck fleet to 246 million from…