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Same-store sales salve Penney's quarter

Loss is smaller, results beat forecasts as retailer recovers from revamp try

Posted: May 16, 2014 at 4 a.m.

NEW YORK -- J.C. Penney reported another quarterly loss Thursday but said a key sales figure rose.

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In U.S., GM recalls 2.7 million vehicles

An autoworker inspects finished sport utility vehicles Tuesday at the General Motors plant in Arlington, Texas. GM has recalled more than 11 million vehicles since January.

General Motors recalled an additional 2.7 million vehicles in the U.S. on Thursday as an internal investigatio... Read »

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