The Senate Finance Committee launched an investigation into Gilead Sciences's high pricing of the hepatitis C drug Sovaldi, which costs $84,000 for a standard regimen.
GM has hired Johan de Nysschen, currently head of Nissan's Infiniti luxury-car division, as executive vice president in charge of the Cadillac brand.
Salesforce.com Inc. has agreed to acquire competitor RelateIQ Inc., which automatically captures data from email, calendars and smartphone calls, in a deal valued around $390 million.
China's state broadcaster called a location-tracking function of Apple's iPhone a "national security concern," in the latest sign of a backlash against U.S. firms.
United said it will reduce flights to Caracas from Houston, adding to cutbacks by other airlines that say the Venezuelan government owns them more than $4 billion in revenue that it is holding in bolivares, the local currency.
Yahoo Inc. has acquired video-streaming startup RayV Inc., one of several Web-video deals negotiated by Yahoo Chief Executive Marissa Mayer in recent months.
Whirlpool's agreement to acquire control of Italy's Indesit expands the U.S.-based appliance maker's exposure to a part of the world where it has wrestled with weak demand.
Pharmaceutical company Shire met with rival AbbVie earlier this week to discuss the terms of AbbVie's $51 billion takeover proposal.
Shareholders in fashion house Burberry protested over the pay and perks package of CEO Christopher Bailey, less than three months after he replaced Angela Ahrendts as she left for Apple.
Barry's Bootcamp, a group fitness chain that counts celebrities among its clients, is considering strategic options including a sale or capital raise, according to people familiar with the matter.