4 months

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)

$500 million

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)