Cyberattack ‘Wake-Up Call’ Puts Pipeline Industry in Hot Seat

A cyberattack that U.S. natural gas pipeline owners weren’t required to report has lawmakers taking a closer look at how the industry is handling such threats, raising the prospect of tighter regulation. In website notices to customers this week, at least seven pipeline operators from Energy Transfer Partners LP to TransCanada Corp. said their third-party…

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Saudi Delegation Culminates U.S. Tour with Return to Oil Roots

HOUSTON—After courting Hollywood and Silicon Valley, a Saudi delegation led by Crown Prince Mohammed bin Salman capped a nearly three-week American tour on Saturday by touting potential petrochemical investments totaling billions of dollars along the U.S. Gulf Coast. The plans for investment by Saudi Arabian Oil Co., known as Aramco, and Saudi Basic Industries Corp., known as Sabic, weren’t final, and not wholly unexpected. But they…

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Brazil Former President Says He Will Comply With Arrest Order

Updated April 7, 2018 8:30 p.m. ET SÃO PAULO—Former Brazilian leader Luiz Inácio Lula da Silva surrendered to police on Saturday to begin serving a 12-year jail sentence for corruption, ending a dramatic two-day televised saga and dashing the hopes of millions of his supporters to once again become president. The 72-year-old leftist icon was…

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How Did the Big Four Auditors Get $17 Billion in Revenue Growth? Not From Auditing

Audit firms have a tough job. Some critics think they shouldn’t have a second one. For years, the Big Four accounting firms have pushed into consulting, seeking growth their core auditing businesses weren’t providing. Since 2012, the firms’ combined global revenue from consulting and other advisory work has risen 44%, compared with just 3% growth from auditing. The…

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Multiple Deaths as Hockey Team’s Bus Crashes in Western Canada

A passenger bus carrying a Canadian hockey team collided with a truck in northern Saskatchewan on Friday night, killing 15 people and injuring a number of others, police said Saturday. The bus was transporting junior hockey players from Humboldt, a small farming and potash mining community east of Saskatoon, to a playoff game in nearby…

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Deutsche Bank Faces Pressure to Address CEO Succession Plan

Deutsche Bank AG’s DB -3.14% supervisory board faces turmoil and the prospect of losing its two co-heads of investment banking in coming weeks, ahead of a planned Sunday-evening meeting about the future of Chief Executive John Cryan, according to people close to the bank. Investment-banking co-head Marcus Schenck, a 52-year-old German who for months has…

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