J.C. Penney Begins Search for New CEO

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J.C. Penney Begins Search for New CEO

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J.C. Penney Begins Search for New CEO

by Wochit 1:00 mins

CNBC reported that struggling J.C. Penney has begun search for a new CEO,to replace returning Chief Executive Mike Ullman Internet TV startup Aereo will soon be available in Dallas, one of the cities affected by the Time Warner Cable-CBS blackout. Aereo said it would also launch in Houston and Miami as the controversial venture backed by Barry Diller's IAC/InterActive Corp builds out its customer base across the United States. Tesla is the feel-good stock story of the year.. The stock is up more than 360% in one year. Yahoo! Finance Senior Columnist Michael Santoli says Wall Street is all in: "I do think it's all about willingness to believe. The market is basically ratifying the whole phenomenon of Tesla"

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