J.C. Penney CEO Flip Flops on Prices, Again
March 27 (Bloomberg) -- J.C. Penney Prices return to levels before CEO Ron Johnson cut them last year, the NY Post says, citing unidentified people. Deirdre Bolton reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
59:28 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)