Veteran sex-crimes prosecutor will question Kavanaugh, accuser at Thursday hearing

An Arizona prosecutor who specializes in sex crimes has been tabbed by Republicans on the Senate Judiciary Committee to question Supreme Court nominee Brett Kavanaugh and the woman who has accused him of a teenage sexual assault when the committee holds an extraordinary confirmation hearing Thursday. Rachel Mitchell, who works in the Maricopa County Attorney’s […]

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Deutsche Bank looked at merging with UBS: report

Deutsche Bank AG DBK, -0.61% has looked at merging with UBS Group AG , according to an account by Reuters of a report in German business daily newspaper Handelsblatt. The daily cited people familiar with the matter, according to Reuters. The possible merger, along with a potential merger with Commerzbank AG, was a topic at […]

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API data reportedly show a surprise rise in last week's U.S. crude supplies

U.S. oil prices headed lower in the electronic trading session Tuesday after the American Petroleum Institute reported that U.S. crude supplies rose by 2.9 million barrels for the week ended Sept. 21, according to sources. The API data also showed supplies of gasoline up 949,000 million barrels, but distillates fell by 944,000 million barrels, sources […]

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KB Home rallies more than 4% on company's earnings beat

Shares of KB Home KBH, -0.94% rose more than 4% in the extended session Tuesday after the home builder reported third-quarter per-share earnings well above Wall Street expectations. KB Home said it earned $87.5 million, or 87 cents a share, in the quarter, compared with $50.2 million, or 51 cents a share, in the year-ago […]

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Former Bankrate CFO sentenced to 10 years in prison

The former chief financial officer of Bankrate was sentenced to 10 years in prison on charges of accounting and securities fraud, the Justice Department said. Edward DiMaria also was ordered to pay restitution of $21 million. DiMaria in June pleaded guilty to one count of conspiracy to making false statements to a public company’s accountants, […]

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Nike stock falls after company earnings top views, expenses rise

Shares of Nike Inc. NKE, +0.62% fell more than 2% in the extended session Tuesday after the retailer posted fiscal 2019 first-quarter earnings that were above expectations but said its expenses increased. Nike earned $1.1 billion, or 67 cents a share, in the quarter, compared with $950 million, or 57 cents a share, in the […]

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Dow, S&P 500 end lower ahead of Fed decision, while Nasdaq bucks trend to close higher

The Dow Jones Industrial Average and the S&P 500 on Tuesday extended a multisession skid while the Nasdaq booked its second straight gain, highlighting a period of divergence for the benchmarks ahead of the Federal Reserve’s decision. The Dow DJIA, -0.26% closed off by about 67 points, or 0.3%, at 26,495, the S&P 500 index […]

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GE's stock sinks again toward 9-year low, 3-months after Dow departure

Shares of General Electric Co. GE, -4.05% sank 4.1% in afternoon trade Tuesday, putting them on track to close at the lowest level since July 10, 2009. The industrial conglomerate’s stock has now plunged 12% in four sessions, since issues with one of its gas turbines forced Exelon Corp. EXC, -1.50% to shut down a […]

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