General Motors issues four new recalls, bringing its total for 2014 to 13.5 million vehicles; recalls represent extraordinary about-face for nation's largest automaker, but newly aggressive approach to safety has not mollified some of GM's toughest critics. Read more..

By BILL VLASIC and CHRISTOPHER JENSEN - The New York Times

The German lender Commerzbank said the traders were suspended for breaking internal rules, calling the incident “isolated” and stating that “the bank and the individuals concerned in no way profited.” Read more..

By CHAD BRAY - The New York Times

During the first three months of this year, 18.8 percent of homeowners with a mortgage — 9.7 million — owed more on their loans than their properties would sell for. Read more..

By THE ASSOCIATED PRESS - The New York Times

Lower Manhattan is poised to undergo revival as post 9/11 construction ends, turning area into shopping destination with two massive retail centers; 150 stores are planned for World Trade Center retail complex, with luxury boutiques and food specialty shops along Hudson River. Read more..

By JULIE SATOW - The New York Times

NPR says it will cancel its midday program Tell Me More, which was meant to attract African-Americans and other listeners of color; decision is part of efforts to close $6 million deficit, and will eliminate 28 jobs across newsroom; NPR’s board has adopted strategic plan, including mandate to expand diversity, and hired new chief executive, Jarl Mohn, who promises similar focus on appealing to more diverse audiences. Read more..

By ELIZABETH JENSEN - The New York Times

Petco says it will stop selling dog and cat treats made in China due to persistent fears that they are making pets sick; Food and Drug Administration investigators began receiving reports of illnesses in 2007, with latest update saying it has received more than 4,800 complaints and more than 1,000 reports of dog deaths resulting from Chinese-made jerky treats. Read more..

By THE ASSOCIATED PRESS - The New York Times

Four ways to cut your expenses. One hundred websites for entrepreneurs. Would small-business owners do it all over again? Read more..

By GENE MARKS - The New York Times

GMC emerges as G.M.’s strongest post-bankruptcy marque; the company that bought Fisker promises to build E.V.s in the United States. Read more..

By BENJAMIN PRESTON - The New York Times

Yum Brands says Brian Niccol will take helm at Taco Bell, its thriving Mexican fast-food chain; will replace current chief executive Greg Creed when he takes over as chief executive of Yum in 2015. Read more..

By STEPHANIE STROM - The New York Times

Andrew Adam Newman Advertising column; Zico is introducing its largest advertising campaign, featuring actress Jessica Alba, that portrays its coconut water as an anytime beverage instead of just a sports drink. Read more..

By ANDREW ADAM NEWMAN - The New York Times