THE EXETER CONSULTING GROUP

A quiet spring evening had descended upon the midtown Manhattan environs of the General Motors Building. But 25 floors up, as the carmaker and its advisers prepared its bankruptcy filing, the mood could be anything but calm.

A new class of drugs shows early promise against two types of breast cancer.

South Korea’s Supreme Court upheld a ruling that former Samsung Chairman Lee Kun-hee wasn’t guilty of engaging in dubious bond transactions aimed at transferring corporate governance to his son.

Irish biotech firm Elan is in late-stage talks to sell a minority stake to Bristol-Myers Squibb, a possible prelude to a full takeover of Elan.

The inflation rate across the 16-nation euro zone fell to zero in May, underlining the increasing risk of deflation — a damaging decline in wages and prices that could damp recovery prospects world-wide.

Connecticut is poised to become the first state to impose greater transparency on hedge funds, albeit less-strict rules than earlier plans.

Carlos Ghosn, the head of Renault and Nissan, said he wants the car makers’ alliance to yield additional savings of $2.09 billion.

A full-time protester illustrates the changing dynamics of the Chinese protest movement since the military crackdown in Tiananmen Square 20 years ago.

Tiffany’s posted a 62% drop in fiscal-first-quarter earnings as its jewelry sales plunged. Sales at its New York flagship store dropped 42%.

U.S. corporate profits rose in the first quarter for the first time in almost two years, an encouraging sign but one that comes on the heels of massive losses and ongoing woes in the economy.

A BofA director has quit and more resignations are expected as the company seeks to remake its board with bank and finance experts.

Morgan Stanley, Smith Barney and other firms are offering some clients discounted commissions or waiving management fees.

EU regulators are pursuing tough new sanctions against Microsoft that could force it to add rival Web browsers to Windows.

U.S. lawmakers’ expense claims show they have used public funds for a range of purchases, some of which are eye-catching.

Chrysler could exit bankruptcy reorganization as soon as Monday. A judge is expected to approve the sale of most of Chrysler’s assets to alliance partner Fiat.