J.C. Penney is searching for a new CEO, just four months after former Apple executive Ron Johnson was ousted from the job for making drastic changes to the store’s retail model. Interim CEO Mike Ullman will be replaced when that new executive is found. (WSJ)
A judge has ordered animal rights groups to post a half-million dollar bond to continue their legal fight on domestic horse slaughter in New Mexico and Iowa. The Humane Society of the United States, Front Range Equine Rescue and others won a temporary restraining order last week that blocked two slaughterhouse firms from opening their operations. The bond will cover the companies’ costs and lost profits for the next 30 days should the animal rights groups lose the case. (AP)
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
