J.C. Penney CEO: `We Made Some Big Mistakes'

Feb. 28 (Bloomberg) -- J.C. Penney CEO Ron Johnson is facing mounting pressure after the first year of his turnaround plan resulted in the department-store company’s lowest annual sales in more than two decades. Sheila Dharmarajan reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)
Fed Rate Hike May Stimulate Economic Activity: Hunter
21:01 - Constance Hunter, chief economist at KPMG LLP, and Greg Peters, a senior investment officer at Prudential Financial Inc., talk about Federal Reserve's decision to leave interest rates unchanged and the outlook for policy. Fed policy makers said the labor market and housing have improved, moving closer to ending an unprecedented period of near-zero interest rates without providing a clear signal on the timing of liftoff. Hunter and Peters speak with Scarlet Fu and Mark Crumpton on Bloomberg Television's "Bloomberg Markets." (Source: Bloomberg)
  • Is the Incredible Comeback of Vinyl Coming to an End?
  • F-35 Jet Demonstrates Poor Reliability
  • Disney's TV Musical 'Descendants' Stars Cuddly Villains