Chief Named for Troubled G.M. Unit Troy Clarke, who has been assigned to Asia since 2004, will take over as president of G.M. North America on July 1.
Merck Admits a Data Error on Vioxx Merck said that it erred when it reported in early 2005 that a crucial statistical test showed that Vioxx caused heart problems only after 18 months of continuous use.
Supreme Court to Weigh Award in a Smoker's Death Opening a new chapter in its effort to establish constitutional boundaries for punitive damages, the court will hear a cigarette maker's appeal.
Tribune Co. to Buy Back Up to 25% of Its Shares In addition, Tribune, the nation's second-largest newspaper company, plans to cut costs by $200 million over two years and raise $500 million.
