Tech Consortium to Sell 4,000 Patents

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A consortium including Apple, Microsoft and BlackBerry has agreed to sell telecom patent assets for less than a quarter of the $4.5 billion they paid for the full portfolio four years ago.

Petrobras Creates Committee Amid Corruption Allegations

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The board of Brazilian state-run energy giant Petroleo Brasileiro SA authorized the creation of a special committee to oversee the company’s own internal investigation of corruption allegations.

BP, Rosneft in Talks on Siberia Field

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BP is negotiating a deal with Kremlin-controlled oil giant Rosneft that could give it a percentage of an Eastern Siberia field, according to a person familiar with the matter.

UPS, FedEx Cap Holiday Deliveries

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UPS and FedEx started capping air express deliveries in recent days after an 11th-hour increase in packages caused some retailers to exceed agreed-upon limits, according to people briefed on the situation.

DirecTV, Disney in Distribution Pact

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DirecTV and Walt Disney have reached a multiyear distribution agreement that expands content available on smartphones and tablets in an era in which consumers increasingly are watching media on different devices.

U.S. Oil Firms Play a Waiting Game

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If the global glut of oil that has sent crude prices plunging has come largely from the U.S., why aren’t American energy companies turning off the tap? The catch: Each one of them is waiting for a rival to do so first.

U.S. Oil Firms Play a Waiting Game

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If the global glut of oil that has sent crude prices plunging has come largely from the U.S., why aren’t American energy companies turning off the tap? The catch: Each one of them is waiting for a rival to do so first.

Online Bargain Hunters Push Korean Retailers to Slash Prices

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South Korean department stores are slashing prices to compete with overseas online retailers like Amazon.com, eBay and the Gap as more consumers hunt for bargains from online vendors abroad.

Brink's Exits Netherlands

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Brink’s said Wednesday that it has pulled out of the Netherlands after losing its largest bank customer in the country.

San Gold Seeks Protection From Creditors

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Gold-miner San Gold has asked Canadian courts for protection against its creditors on Tuesday.

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