J.C. Penney, Ackman in Talks to Resolve Dispute

Now watching

Next video starts in : 7 Play

J.C. Penney, Ackman in Talks to Resolve Dispute

J.C. Penney, Ackman in Talks to Resolve Dispute
Replay video
Up next

How this woman tracked down her identity thief

Unlock your personal NFL Now stream by signing in to NFL.com

J.C. Penney, Ackman in Talks to Resolve Dispute

by Wochit 1:02 mins

J.C. Penney and hedge fund Pershing Square's Bill Ackman are in talks to resolve their dispute over the leadership of the U.S. retailer. Pushing one of the most sweeping economic overhauls in Mexico in the past two decades, President Enrique Pe?a Nieto proposed opening his country?s historically closed energy industry to foreign investment. KFC parent Yum Brands reported a steeper-than-expected 13 percent drop in July sales at established restaurants in China after back-to-back blows from a food safety scare and a bird flu outbreak. Tesla CEO Elon Musk unveiled the details of his superfast transportation system, Hyperloop, that would be a solar-powered system between cities that could take passengers or cars -- much like a ferry system- only much much faster.

View Comments (0)