Bear Stearns Cos. shareholders on Thursday approved JPMorgan Chase & Co.'s US$2.2-billion buyout of the investment bank whose wagers on subprime mortgages made it the largest corporate casualty of the global ...

At the AGM today, all resolutions were passed. As at 29th May, 2008, the net asset value per share was 84p and the fund was 62.1% invested in VCT - 05/29/2008 - 11:55 AM NEW YORK-- --The Bear Stearns Companies ...

Bear Stearns Cos. said shareholders voted Thursday to approve a $2.2 billion buyout by J.P. Morgan Chase & Co., effectively ending the 85-year run of what had been the world's fifth-largest investment bank.

Bear Stearns, the most high-profile victim of the US sub-prime property crisis, approved a deal on Thursday to sell itself to banking giant JPMorgan Chase, a spokesman for the Wall Street firm said.

Stocks find the positive path GDP revision shows U.S. economic expansion not only continues but is more robust than thought.

Federal Reserve Governor Frederic Mishkin will leave at the end of August and return to teaching at Columbia University, the central bank announced Wednesday.

A report released by the Manhattan Borough President's office found that the city's tax incentive program benefits big chains that don't use subsidies to create jobs.

Bear Stearns has been sold after 85 years. Photograph: Newscast The 85-year-old Wall Street bank Bear Stearns was consigned to history today as shareholders approved a sale of the cash-strapped institution to ...

Leading global investors lifted their stock holdings to the highest level this year in May but remained cautious in the face of fragile global growth and higher inflation.

New York state has instructed government agencies to recognize same-sex marriages conducted out of state or abroad, renewing debate on an issue that was used to rally conservatives in the last U.S. general ...