Department store J.C. Penney laid off about 2,200 employees in its stores and district offices on Wednesday, according to a report from The Dallas Morning News.
Sen. Rand Paul staged an old-fashioned filibuster in an attempt to block the nomination of John Brennan for CIA director, with Sen. Joe Manchin (D-WV) and Sen. Mike Lee (R-UT).
Stocks ended higher Wednesday, with the Dow extending its gains to post a record high for the second-straight day, amid signs of improvement in the labor market.
Former JC Penney CEO Allen Questrom says that the company's board of directors needs to act.
As the courtroom battle between department stores Macy's and J.C. Penney continues, Martha Stewart will win no matter what, said the former chairman of Martha Stewart Living Omnimedia.
Martha Stewart explains 'It's terribly important that we don't lose' regarding her Macy's/ J.C. Penney trial during an interview with the Today Show Wednesday morning, NBC News reports.
The man behind developing Martha Stewart's brand, Charles Koppelman, CAK Entertainment chairman & CEO, discusses whether selling Stewart's products at JC Penney will hinder sales at Macy's.
U.S. stock index futures were higher Wednesday, with the Dow poised to extend its gains a day after hitting an all-time high, following a better-than-expected private sector employment report.
Some of the names on the move ahead of the open.
The Dow Jones Industrial Average pierced through levels last seen in 2007 to close at a record high of above 14,200 on Tuesday, boosted by an upbeat ISM non-manufacturing index and amid ongoing monetary support from the Federal Reserve.
Home diva Martha Stewart testified in court that she did nothing wrong when she signed an agreement to open up shops within J.C. Penney stores.
CNBC's Courtney Reagan Martha Stewart is leaving the courthouse. Macy's lawyers tried to get Stewart to agree that she understood that Macy's did have an exclusive over some of the products in question.
CNBC's Mary Thompson reports the Dow Jones says JC Penney directors could push to replace its CEO if sales slide this year.
What level would JC Penney have to reach in order to get bullish on the stock, with Liz Dunn, Macquarie Capital.
Vornado Realty Trust is looking to unload 10 million shares of JC Penney today. The stock is trading at its lowest level since March of 2009, with the FMHR traders.
Take a look at some of Tuesday's midday movers:
The domestic diva is back on the stand today, caught in the middle of a legal fight between Macy's and JC Penney, reports CNBC's Courtney Reagan.
The past five years haven't been the brightest for the economy or consumers, but that hasn't held back retail stocks. It's been the consumer that has led the way for the Dow Jones Industrial Average since the Oct. 9, 2007, closing peak for the blue chip index, with two retailers landing among the top five performers since that time.
Martha Stewart is back in court for the second day, as she is caught in the middle of a legal battle between Macy's and JC Penney, reports Courtney Reagan.
U.S. stock index futures signaled a higher open on Tuesday, with the Dow Jones Industrial Average within reach of touching its all-time closing high, boosted by upbeat economic data from Europe and ahead of the service-sector report.