Stocks turned higher Thursday afternoon, erasing morning losses, as investors eyed higher weekly jobless claims ahead of Friday's big monthly jobs report and the Senate hearing on the collapse and rescue of Bear Stearns.
Wall Street wilts
Stocks waned Thursday morning as investors parsed a surprise jump in weekly jobless claims, a downgrade of tech leader Cisco and the start of the...
Ex-Bear Stearns managers arrested
Two former managers at investment bank Bear Stearns are held over their role in the collapse of the bank's hedge fund last year.
Bull market for Bear Stearns traders
Last month's near collapse of Bear Stearns hasn't reduced demand for the firm's top traders and salesmen in the mortgage-backed-securities business...
JPMorgan nixes some Bear Stearns' job offers
Many of those students that were expecting to start working for Bears Stearns this spring as either an intern or a full-time hire, are now finding...
Italian telecoms talks collapse
Hutchison Whampoa subsidiary 3 Italia fails to reach a merger agreement with Telecom Italia because of price disagreements.
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