| Sep 26, 2013
| 11:10 AM
J.C. Penney publicly defended its trajectory Thursday after watching its stock plunge amid speculation that it needed another financing boost.
In a statement, the retailer said it is “pleased with its progress thus far in the company’s...
| Oct 20, 2013
| 5:00 AM
Nothing seems to get U.S. corporations' dander up like a threat to the pay and perks of their chief executives.
That's one explanation for corporate America's superheated, turbocharged, over-the-top reaction to the CEO pay ratio rule recently proposed...
| Oct 15, 2013
| 8:52 PM
SAN FRANCISCO — Apple Inc. has hired Burberry Chief Executive Angela Ahrendts to run its retail division, hoping her background melding technology, fashion and commerce will be the right mix to navigate the future of the stores that have been a...
| Oct 8, 2013
| 10:36 AM
J.C. Penney Co.'s depressed stock regained some ground Tuesday after the company said it was “making solid progress in its turnaround.”
In a self-issued report card, the department store chain said it anticipates that it will have more...
| Aug 12, 2013
| 2:04 PM
Office Depot's 1,700 employees in Boca Raton may soon know who their new boss is.
Office Depot and OfficeMax, which agreed to a $1.2 billion merger in February, said Monday that it has narrowed down its selection to five candidates of a new chief...
| Sep 13, 2013
| 1:12 PM
In a Sunday morning exclusive, ABC's George Stephanopoulos will interview President Barack Obama for "This Week." The program airs at 11 a.m. on WFTV-Channel 9.
"This Week" offers a panel discussion Rep. Justin Amash, R-Mich.; Rep. Donna Edwards, D-...
| Aug 20, 2013
| 6:12 PM
J.C. Penney Co. on Tuesday reported yet another round of dismal quarterly earnings, disappointing Wall Street as the struggling retailer pushes through a turnaround effort pocked by infighting and investor concern.
In its second quarter, which ended...
| Aug 20, 2013
| 8:10 AM
J.C. Penney Co. on Tuesday reported yet another round of dismal quarterly earnings, disappointing Wall Street as the struggling retailer pushes through yet another turnaround effort pocked by infighting and investor concern.
In its second quarter (the...
| Aug 13, 2013
| 6:50 PM
Boardroom brawling at J.C. Penney Co. has claimed its latest casualty: activist investor Bill Ackman, who stepped down as a director after publicly voicing concerns about the struggling retailer's chief executive and chairman.
The department store chain...
| Aug 13, 2013
| 6:54 AM
J.C. Penney’s turmoil at the top continued Tuesday as activist investor Bill Ackman stepped down from the board following a public disagreement over the struggling retailer’s choice of chief executive and chairman.
Ackman, whose Pershing...
| Aug 9, 2013
| 9:01 AM
Activist investor Bill Ackman and the board of J.C. Penney Co. are disagreeing -- very publicly -- about who should head the struggling retailer.
Ackman and the department store chain exchanged a volley of letters and statements this week, squabbling...