J.C. Penney CEO Johnson has six months to fix troubles
(Reuters) – J.C. Penney Co Chief Executive Ron Johnson has said his plan to reinvent the 102-year old retailer will take years to carry out. But after Penney’s latest sales debacle, he may have only six more months to get the job done.
http://feeds.reuters.com/~r/reuters/businessNews/~3/xtxQ93F63dk/us-jcpenney-johnson-idUSBRE91R1L020130228
Postal Service faces fight over ending Saturday mail
WASHINGTON (Reuters) – Trade groups representing greeting card makers, paper manufacturers and newspapers are fighting to prevent the cash-strapped Postal Service from dropping first-class mail delivery on Saturdays.
http://feeds.reuters.com/~r/Reuters/domesticNews/~3/IUoXcuyejuI/us-usa-postal-saturday-idUSBRE91Q19120130227
Oil gets small boost from US supply report
Oil prices found little momentum Wednesday, even amid more signs of an improving U.S. economy.
http://news.yahoo.com/oil-gets-small-boost-us-supply-report-182653184–finance.html
GM paid $11.1 million to CEO Akerson in 2012
DETROIT (Reuters) – General Motors Co gave Chief Executive Dan Akerson an $11.1 million pay package last year, a GM official familiar with the matter said on Wednesday, after the CEO’s salary came under scrutiny this week.
http://feeds.reuters.com/~r/reuters/businessNews/~3/gNa42QTJYIg/us-gm-compensation-pay-idUSBRE91Q10O20130227