Reuters - The Nasdaq composite and the S&P 500 indexes fell on Tuesday as a sharp slide in oil prices hit shares of energy companies, including Exxon Mobil , while a drop in Apple Inc punctured an earlier rally in large-cap technology shares.

Reuters - State-owned Korea Development Bank (KDB) confirmed on Tuesday it was in talks with Lehman Brothers over a possible joint investment in the U.S. bank with other Korean banks, sending Lehman shares higher but depressing local bank shares.

Reuters - Oil prices dropped more than $6.50 per barrel on Tuesday, the biggest drop in dollar terms since 1991, as dealers bet the U.S. oil industry would recovery quickly from Hurricane Gustav.

Reuters - Alcatel-Lucent named its new top management on Tuesday as Philippe Camus, a former key executive at planemaker Airbus's parent EADS , and Ben Verwaayen, the former head of British Telecom .

Reuters - State-owned Korea Development Bank (KDB) confirmed on Tuesday it was in talks with Lehman Brothers over a possible joint investment in the U.S. bank with other Korean banks, sending local banking shares lower.

Reuters - Several major U.S. refiners said early checks on Monday showed their facilities were unharmed by Hurricane Gustav, but at least two others were said to be considering dipping into the U.S. Strategic Petroleum Reserve to keep operations going after the storm shut down key waterways.

Reuters - Commerzbank outlined its plans to cut 9,000 jobs and shrink investment bank Dresdner Kleinwort to a rump after buying Dresdner Bank, but investors were unhappy about the $14.5 billion deal.