J.C. Penney Gets Room to Raise Billions in Capital

Feb. 22 (Bloomberg) -- J.C. Penney, the retailer backed by hedge-fund manager William Ackman, got clearance from lenders to sell billions of dollars in stock and debt if needed as it struggles to complete a turnaround. Betty Liu reports on today's "Movers & Shakers" 0n Bloomberg Television's "In The Loop." (Source: Bloomberg)
Why This Summer Travel Season Will Be Better
59:54 - U.S. Department of Commerce Travel Board Member Adam Sacks discusses the price of oil and the summer travel season. He speaks on “Bloomberg Markets.” (Source: Bloomberg)
  • What's Behind the Slow Down in U.S. IPOs?
  • Euro, Pound Sink Against Dollar on U.S. CPI Report
  • Looks Like Inflation Might Be Back: Brean's Tchir