Penney secures $2.25B loan as it seeks turnaround
J.C. Penney Co. said Wednesday it has secured a $2.25 billion loan, $500 million more than it had expected, as it tries to stop a collapse in its sales. Full story
S&P cuts rating on JC Penney term loan
Standard & Poor's Ratings Services is lowering the rating it gave J.C. Penney's term loan further into junk status because the struggling department store operator boosted the loan's size. Full story
Earnings Preview: Sears to release 1Q results
Sears Holdings Corp. is expected to report first-quarter earnings results after the regular markets close on Thursday that will provide more indications of how the struggling department store chain will turn around its business. Full story
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Former Apple CEO: Samsung Should Hire Johnson
Former Apple CEO John Sculley shares his opinions on whether Tim Cook is the right leader for the company now, and what JC Penney's former CEO Ron Johnson's future could hold.
Sen. Ron Johnson Dissects Federal Budget
Does President Obama's proposed budget contain enough concessions to obtain bipartisan support? Sen. Ron Johnson, (R-WI), provides his views on the numbers.
JCP's Uncertain Future
Shares of JC Penney keep falling following CEO Ron Johnson's firing. Matthew Boss, JPMorgan; Brian Mcgough, Hedgeye Risk Management; and CNBC's Scott Wapner and Courtney Reagan, discuss.
JCP C-Suite Shuffle
In 2012, JC Penney lost $985 million under Ron Johnson and $25 million 2011 with Mike Ullman as CEO, for 10 months of that year. CNBC's Courtney Reagan offers insight. Gina Chon, Quartz reporter, and Jan Kniffen, J Rogers Kniffen CEO, weigh in.
What's Wrong With Tech?
CNBC's Kate Kelly reports on Ron Johnson's departure and provides a look at Bill Ackman's top holdings in Pershing Square. Also, is Google's stock "broken?" Dan Niles, Alpha One Capital Partners, explains what's going on with the tech giant and the bes...
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Related Photos
Ron Johnson testifies in New York state Supreme Court in Manhattan
Ron Johnson testifies in New York state Supreme Court in Manhattan March 1, 2013. REUTERS/Thomas Iannaccone/Pool
Ron Johnson, CEO of J.C. Penney, leaves New York State Supreme Court in New York
Ron Johnson, CEO of J.C. Penney, leaves the New York State Supreme Court in New York, March 1, 2013. REUTERS/Andrew Burton
