J.C. Penney Posts Wider Loss as Turnaround Falters

Feb. 27 (Bloomberg) -- J.C. Penney said its fourth-quarter net loss widened to $552 million as CEO Ron Johnson’s turnaround plans falter. Adam Johnson reports on Bloomberg Television's "Street Smart." (Source: Bloomberg)
China Said to Sell U.S. Treasuries This Month
51:48 - Bloomberg has learned that China has indeed been reducing its hoard of U.S. Treasuries, confirming intense speculation in the market. Bloomberg's David Ingles reports on "First Up." (Source: Bloomberg)
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