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)
See Oil Test $55 a Barrel in Coming Weeks: Barratt
49:59 - Ayers Alliance Securities Chief Investment Officer Jonathan Barratt discusses the geopolitical risk in Yemen and outlook for oil with Bloomberg’s Yvonne Man on “First Up.” (Source: Bloomberg)
  • Australia to Make ‘Positive' Decision on AIIB: Robb
  • Oil Surges, Ruble Gains on Yemen Air Strikes
  • Japan Households Still Suffering From Tax Hike: Okubo