JPMorgan CEO Jamie Dimon says he's only going to keep about 40% of the current Bear Stearns staff on the payroll.
That decision is going to make an already tough job market on Wall Street even more difficult. Ashley Milne-Tyte reports.
Stocks rise modestly as CEOs defend Bear rescue
JPMorgan CEO Jamie Dimon joins Fed chief Bernanke and Bear Stearns CEO on Capitol Hill. Research In Motion's profit doubles, while Cisco gets a...
CEOs defend Bear rescue
JPMorgan CEO Jamie Dimon joins Fed chief Bernanke and Bear Stearns CEO on Capitol Hill. Research In Motion's profit doubles, while Cisco gets a...
Why the changes to Bear Stearns deal?
If $2 a share in the JPMorgan-Bear Stearns deal engineered by the Fed wasn't enough for stockholders, will $10 a share satisfy them? And is this now...
After the sell-off, investors face a scary week
The Dow falls 195 points after a Bear Stearns rescue by JPMorgan and the New York Federal Reserve Bank. But Bear Stearns may still be sold....
Gaming industry's luck runs out
Casinos and racetracks are struggling to convince gaming fans to come out despite high prices on gas, food and lodging. Ashley Milne-Tyte reports.
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