Business news in brief
Posted: February 28, 2013 at 2:49 a.m.
QUOTE OF THE DAY “I’d say we’ve gotten through the toughest period we’re going to see in the low-water period.” Mike Petersen, U.S. Army Corps of Engineers spokesman about a stretch of the Mississippi River near St. Louis Article, 1D Loss grows at Penney as sales skid NEW YORK — J.C. Penney reported a loss and plunging sales for its fiscal fourth quarter as the department store chain’s plan to scale back most coupons and sales events has continued to turn off shoppers.
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Business, Pages 26 on 02/28/2013