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)

Fed Beige Book Shows U.S. Economy Growing Modestly
14:30 - The economy grew at a modest to moderate pace across the U.S., further tightening the labor market but without significant acceleration in wages or inflation, a Federal Reserve survey showed. Bloomberg's Jeanna Smialek breaks down the central bank’s Beige Book economic report, based on information collected by regional Fed banks from early January through Feb. 17. (Source: Bloomberg)
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