Chip company Arm aims to raise $4.8 billion from its IPO later this year. Plus, JCPenney is reevaluating its in-store offerings.
J.C. Penney CEO Marc Rosen tells Marketplace more about how the company will invest $1 billion in revitalizing business.
The chip design company Arm is going public later this year, in the biggest IPO since 2021. If investors are interested, other companies could start going public, too.