Sitt Says J.C. Penney Has to Consider Going Private

April 9 (Bloomberg) -- Joseph Sitt, founder and chief executive officer of Thor Equities LLC, talks about the ouster of J.C. Penney & Co. Chief Executive Officer Ron Johnson, the reinstatement of his predecessor Myron Ullman III and the outlook for the retail industry. Sitt speaks with Betty Liu on Bloomberg Television's "In the Loop." (Source: Bloomberg)

Cadillac Throwback, Take a Ride in a 1967 DeVille
17:31 - Cadillac has done a lot of marketing recently to throw off its fuddy-duddy image. But those old-school Caddys has some serious styling. Bloomberg Pursuits' Hannah Elliott took a 1967 DeVille out for a spin around Detroit. (video by David Nicholson)
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