J.C. Penney’s reinstalled CEO Mike Ullman is poised to get a big pay increase as the department store chain shows some signs of a turnaround. J.C. Penney Co. could increase Ullman’s base salary to $1.5 million for this year, from $810,606.
The Fort Worth City Council interviewed their final four candidates for city manager Tuesday in a day long, closed door session.
The CEO of American Airlines netted a profit of $13.4 million from selling shares and options that he accumulated while running US Airways.
American Airlines says more than 60,000 employees voted and a majority want to paint red, white and blue horizontal stripes on the tails of all AA planes.
For the first time, a woman will be in charge of a major U.S. automaker. GM Chief Executive Dan Akerson will step down next month and be replaced by Mary Barra
Fans of “Mexican Coke” in the U.S. need not worry about any sweetener changes.
Texas Rangers CEO Nolan Ryan will retire effective October 31, the team announced on Thursday.
Dallas Mavericks owner Mark Cuban is expected to testify in his federal trial which began today on charges that he benefited from insider trading.
With the Dallas Mavericks’ season-opening game still a month away, the basketball team’s outspoken owner, Mark Cuban, will be seeing a different kind of court this week.
J.C. Penney Co. plans to sell up to 96.6 million shares of common stock in a public offering, the latest indication the chain is looking to shore up its cash reserves.
The latest issue of Vogue magazine has a lot of people asking the question, “Can a female CEO be smart AND sexy?”
The boardroom drama may be over, but J.C. Penney is still grappling with an uncertain future.