JC Penney Said to Plan Firing of 10% of Workers

Feb. 6 (Bloomberg) -- JC Penney may move to fire 10% of its 3,000 workers amid shrinking cash reserves and falling sales, New York Post reported, citing sources it didn’t identify. Betty Liu reports on today's "Movers & Shakers" on Bloomberg Television's "In The Loop." (Source: Bloomberg)
China Caixin Manufacturing PMI at 47.3
25:25 - China releases its Caixin Manufacturing PMI data for August. Bloomberg's Stephen Engle reports on "Trending Business." (Source: Bloomberg)
  • Jokowi Orders Dam Restart in West Java Despite Objections
  • Why the PBOC May Not Be Done Easing Yet
  • Korean Exports Fell Most in Six Years