May 20, 2013
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Associated Press Mike Ullman, chairman and CEO of J.C. Penney Company, Inc., visits a company store in New York in October 2009. Ullman was named CEO of JC Penney's after Ron Johnson was ousted on Monday after restructuring backfired.
Penney CEO’s challenge: Can it be fixed?
NEW YORK — There won’t be an easy fix for J.C. Penney — if it can be fixed at all. As Mike Ullman takes the reins again less than two years after his departure, he faces a Herculean task to undo...
Apr 14, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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ALLIE DOUGLASS | The Sun Travelers make arrangements after a canceled flight on Thursday at Barkley Regional Airport. Richard Roof, airport manager, said the effects of the Federal Aviation Administration closing the local airport's control tower would largely be behind the scenes.
Barkley passengers weather storm
When it isn’t storm clouds and heavy snow in Chicago affecting Barkley Regional Airport, it’s economic concerns and political storms on the federal level raining down. It was only a year ago whe...
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Coding boot camps promise to launch careers
SAN FRANCISCO — Looking for a career change, Ken Shimizu decided he wanted to be a software developer, but he didn’t want to go back to college to study computer science. Instead, he quit his jo...
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US declines to label currency manipulator
WASHINGTON — The Obama administration on Friday declined to label China a currency manipulator, although it said that China’s currency remains significantly undervalued. The decision came in a t...
Apr 13, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Banks record more earnings, lower revenue
NEW YORK — JPMorgan Chase and Wells Fargo, bellwethers for the banking industry, reported record earnings Friday, but those numbers masked troubling declines in revenue. Revenue fell slightly at...
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Associated Press Food and Drug Administration Commissioner Margaret Hamburg speaks during a news conference at the Health and Humans Services Department in Washington on Wednesday about the fiscal 2014 budget. The Food and Drug Administration says it has uncovered potential safety problems at 30 specialty pharmacies that were inspected in the wake of a recent outbreak of meningitis caused by contaminated drugs.
FDA finds safety issues at pharmacies
WASHINGTON — The Food and Drug Administration says it has uncovered potential safety problems at 30 specialty pharmacies that were inspected in the wake of a recent outbreak of meningitis caused by...
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US declines to label currency manipulator
WASHINGTON — The Obama administration on Friday declined to label China a currency manipulator, although it said that China’s currency remains significantly undervalued. The decision came in a t...
Apr 13, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Associated Press A Honda Civic Hybrid cruises in Saco, Maine, in April 2002. More than 1 million vehicles in North America are part of a worldwide recall for an airbag problem affecting three big automakers. Toyota, Honda and Nissan are recalling vehicles because the inflator on the passenger side may burst, sending plastic pieces flying. Some of the vehicles being recalled are the Honda Civic, Toyota Corolla, Tundra and Lexus SC built between November 2000 and March 2004.
6 automakers plan air bag recalls
DETROIT — Six automakers, including Toyota, Honda and Nissan, are recalling nearly 3.4 million older-model vehicles worldwide because of defective air bags that can send shrapnel flying into the pa...
Apr 12, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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Unemployment aid applications plummet
WASHINGTON — The number of Americans seeking unemployment benefits fell sharply last week to a seasonally adjusted 346,000, signaling that the job market might be stronger than March’s weak month o...
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US home foreclosures decline to 5-year low
LOS ANGELES — The number of U.S. homes repossessed by lenders last month fell to the lowest level in more than five years, the latest evidence that the nation’s foreclosure crisis is abating amid a...
Apr 12, 2013 | 0 0 comments | 1 1 recommendations | email to a friend
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