Former Petrobras Executive Gives Computer Data to Prosecutors

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Documents purportedly show that the company’s chief executive and board of directors were made aware of an alleged bribery scheme as early as 2009.

Xiaomi Valued at More Than $45 Billion

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Xiaomi is raising more than $1 billion in its latest round of funding, valuing the fast-growing Chinese smartphone maker at more than $45 billion, a person familiar with the matter said.

Railcar Bottleneck Looms for Oil

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Thousands of tank cars are likely to be idled because there aren’t enough shops to retrofit tank cars that carry flammable liquids in time to meet proposed federal guidelines, a railway trade group says.

St. Croix Refinery to Stay Closed After Vote

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The mothballed refinery on St. Croix will stay closed after the U.S. Virgin Island’s Legislature voted overwhelmingly against letting a new owner take over the plant.

'The Hobbit' Wins Box-Office Battle

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Latest in Middle Earth saga bests ‘Museum,’ ‘Annie’ with $56.2 million over the weekend.

FDA Backs AbbVie's Hepatitis Treatment

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U.S. regulators on Friday approved AbbVie’s new multidrug regimen for hepatitis C, and the company priced it below rival treatments from Gilead Sciences.

Google Seeks Partners for Self-Driving Car

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The head of Google’s autonomous-vehicle project said the company is looking for auto industry partners to bring its vision of a self-driving car to market within the next five years.

Staples: Data Breach Exposes Million Cards

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Staples said criminals stole personal information from as many as 1.16 million payment cards during the back-to-school shopping season from stores across the country.

Sony Hack Forces Firms to Rethink Email

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Devastating leaks from Sony’s computer systems have dramatized the risks of storing corporate email for extended periods. Some people in Silicon Valley wonder if it is time to rethink that practice.

Congress Extends Charity IRA Rule Through Dec. 31

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Provision is retroactive to Jan. 1, 2014.

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