J.C. Penney Spent $170M to Install Johnson Execs

May 3 (Bloomberg) -- Ron Johnson’s tenure at J.C. Penney will long be associated with a 25 percent sales plunge. Lost amid the criticism since his departure last month is the $170 million it cost to install Johnson and his top three executives. Sheila Dharmarajan reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)
Fed Decision Influenced by China and Volatility: FXPro
28:19 - China's economic slowdown and increased volatility in financial markets has an impact on the Federal Reserve's policy decisions, according to Simon Smith, chief economist at FXPro. He also discusses oil prices and European Central Bank policy with Anna Edwards and Guy Johnson on Bloomberg's "Countdown." (Source: Bloomberg)
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