JC Penney Cuts An Additional 2,200 Workers
J.C. Penney Co. confirmed Friday it's eliminating an additional 2,200 jobs as the struggling department store chain slashes costs after a year of plunging sales and mounting losses.
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J.C. Penney Co. confirmed Friday it's eliminating an additional 2,200 jobs as the struggling department store chain slashes costs after a year of plunging sales and mounting losses.
The Texas unemployment rate for January rose to 6.3 percent. The Texas Workforce Commission announced the higher jobless rate compared to 6.1 percent in December.
American Airlines has promoted an executive closely involved in overseeing the proposed merger with US Airways.
Southwest Airlines says a key revenue measure rose 2 percent in February despite a dip in traffic.
States with the most gun control laws have the fewest gun-related deaths, according to a study that suggests sheer quantity of measures might make a difference.
Subaru of America is recalling more than 47,000 cars and SUVs with remote starters because the engines can start on their own.
Pier 1 Imports' fiscal fourth-quarter revenue topped Wall Street's view but the home decor company provided a forecast for adjusted earnings that was slightly below analysts' estimates.
The doors are still open at JCPenney stores-- and the cash registers are ringing-- but not nearly enough.
Gas prices across Texas have slipped 5 cents this week, as some travelers prepare for spring vacations. AAA Texas reported the average price at the pump is $3.58 per gallon.
Exxon Mobil expects production to decline by one percent this year. Over the next five years, however, the company expects production to rise by two or three percent per year.
Dell's largest independent shareholder is turning up the pressure against the proposed $24.4 billion sale of the struggling personal computer maker to a group of investors that includes its CEO.
Shares of J.C. Penney fell 10.6 percent on Tuesday to a four-year low after media reports said a large shareholder sold a chunk of the struggling retailer's stock.
Home diva Martha Stewart testified in court on Tuesday that she did nothing wrong when she signed an agreement to open up shops within most of JCPenney's stores across the country.
A jury has sided with a St. Louis company in its battle with Frito-Lay over bowl-shaped tortilla chips.
Although the Perot Museum of Nature and Science, in downtown Dallas, has only been opened for a few months there appears that plans are already in the works for expansion.