J.C. Penney High-Flying Execs Seen Hampering Revamp

March 20 (Bloomberg) -- J.C. Penney CEO Ron Johnson, who is struggling to overhaul the department-store company, risks making his task harder by hiring at least nine key executives who live a plane ride away. Sapna Maheshwari reports on Bloomberg Television's "Bloomberg Rewind." (Source: Bloomberg)
Is There Enough U.S. Inflation for Fed to Raise Rates?
05:35 - Federal Reserve Chair Janet Yellen said she still expects to raise interest rates this year if the economy meets her forecasts, with a gradual pace of tightening to follow. Bloomberg Intelligence's Josh Wright and Bloomberg's Peter Cook report on “Bloomberg Markets.” (Source: Bloomberg)
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