South Koreas government said 284 people are missing after a ferry carrying hundreds of high school students sank en route to the resort island of Jeju, in what may be the nations worst ferry accident in two decades.

The Treasury Department, through the Federal Insurance Office, is looking into the affordability and availability of auto insurance, driven in part by the conflicting statements from industry and consumer groups about the issue.

Congressional pressure has moved the National Retail Federation to establish an industry group that will foster sharing of security info between the public and private sector.