JC Penney Closing up to 140 Locations

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JC Penney Closing up to 140 Locations

SPRINGFIELD, Ill. (WICS/WRSP) – JC Penney seems to be the next retailer in trouble nationwide. The department store chain announced it will close up to 140 stores as well as two distribution centers.
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Tang, Woo Are Candidates for Hong Kong's Top Job

… nominations to run as a candidate in the race for the city's top job. Bloomberg's David Tweed reports on “Bloomberg Markets.” (Source: Bloomberg)
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Proposed Trump Budget Said to Hike Defense Spending, Cut EPA

President Donald Trump is proposing major defense spending increases and big cuts to the Environmental Protection Agency, State Department and
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Regulator: China Needs to Rein in Risky Stock Behavior

A Chinese regulator says Beijing needs to rein in risky behavior by financial industries following market turmoil in 2015 that battered investors.
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China Early Indicators Show Stability in Economy

Early China data suggests the economy remained steady during the Lunar New Year. Bloomberg's Jeff Kearns reports on “Bloomberg Markets.
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