The Brazilian state oil company has a new chief executive and her name is Maria das Gracas Foster. Petrobras is the world's fifth-largest oil producer, and Foster becomes the first woman to run a top-five oil company. This comes as the firm looks to double its production by 2020. The company's stocks surged on news of the appointment.

The hotly-contested Republican primary has gotten a lot of attention lately. Tuesday night, President Obama has a chance to reclaim the spotlight. He's delivering his annual State of the Union address. It's a high-profile platform for the president as he tries to frame the choice facing voters in November.

Renee Montagne talks with reporter Kim Masters about some of the likely nominees when the Oscar nominations are announced later in Beverly Hills. Masters is editor-at-large for The Hollywood Reporter, and host of The Business on member station KCRW.

Transcript

DAVID GREENE, HOST:

As we've been reporting on the program this morning, Mitt Romney went on the attack at the GOP presidential debate in Florida last night. His target was rival Newt Gingrich, who was forced to defend his record as House speaker and later as a consultant to mortgage giant Freddie Mac. Gingrich denied charges of influence peddling that were leveled by Romney. And Gingrich said he was the type of bold, tough leader Washington needs.

On Tuesday, it is likely the presidential campaign's focus will shift to Mitt Romney's tax returns, which show him making $42.5 million in 2010 and 2011. That number may be bigger than he can finesse by saying in essence: Don't hate me because I'm successful.

After Newt Gingrich's bravura performance in the final South Carolina debate and his drubbing of Mitt Romney on primary day, the former speaker's challenge in Monday night's debate in Tampa, Fla., was to maintain if not increase his momentum eight days before the Florida Republican presidential primary.

Meanwhile, Romney's challenge was to give his supporters who were shell-shocked by the Palmetto State results reasons to believe he had it in him to turn it around, to stand to do what needed to be done to beat Gingrich in Florida.

Connecticut has two casinos that generate millions of dollars a year for the state. Following a recent change in the interpretation of regulations against online gambling, casino operators and state officials are closely watching to see what kind of impact online poker will have on their revenue.

Even though it's a weekday, there are plenty of people are sitting at slot machines or playing table games at the Mohegan Sun Casino in Uncasville, Connecticut.

Several states — including Illinois and New York — are now pushing forward with plans to offer lotteries on the Internet. That's in the aftermath of an opinion from the Justice Department, which reverses a long-standing policy and says states are free to conduct online gambling within their borders.