The triennial report from Commission 42 covers various topics like massive binaries, contact systems, cataclysmic variables and low-mass binary stars. We try in a number of sections to provide an update on the current status of the main research areas in the field of close binaries. It is not a formal review, even complete or comprehensive, but an attempt to bring the main topics on recent research to astronomers working in other fields. References are also not comprehensive and simply added to the text to help the reader looking for deeper information on the subject. For this reason, we have chosen to include references (sometimes incomplete for ongoing work) not in a list at the end but integrated with the main text body. Complete references and additional sources can be easily obtained through web access of ADS or SIMBAD. Furthermore, the summary of papers on close-binary research contained in the Bibliography of Close Binaries (BCB) can be accessed from the web site of Commission 42. I would like to express the gratitude of the commission for the careful work of Colin Scarfe as Editor-in-Chief of BCB and Andras Holl and Attila Sragli for maintaining the web pages of the Commission within the structure of Division V. Finally, K. Olah and J. Jurcsik are gratefully acknowledged for their continued support as editors of the Information Bulletin on Variable Stars (IBVS), also accessible through the commission web page.