J.C. Penney Slashes CEO Ron Johnson's Pay 96%

April 3 (Bloomberg) -- J.C. Penney CEO Ron Johnson, who is struggling to overhaul the department-store company, had his total compensation cut to $1.89 million last year. Sheila Dharmarajan reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Latest Fed Minutes Point to June Rate Hike
01:32 - Most Federal Reserve officials judged “it would soon be appropriate” to tighten monetary policy again and backed a plan that would gradually shrink their $4.5 trillion balance sheet, according to minutes from the FOMC's May 2-3 gathering. Bloomberg's Chris Condon reports on "Bloomberg Markets." (Source: Bloomberg)
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