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Business News
Penney offers refunds on questionable towels, comforter set
NEW YORK (AP) -- Starting Wednesday, J.C. Penney Co. says it will be offering refunds to shoppers who purchased certain towels and a comforter set though it still is unable to figure out whether they're actual knockoffs....
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IMF leader cites 'historic milestone' for China
WASHINGTON (AP) -- Christine Lagarde, the managing director of the International Monetary Fund, is calling the inclusion of China's renminbi as the fifth currency in an elite group of the world's reserve currencies an "important and historic milestone" for the international financial system....
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Business Highlights
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US Justice Department issues subpoena to Chesapeake Energy
OKLAHOMA CITY (AP) -- The U.S. Department of Justice has issued a subpoena to Chesapeake Energy Corp. that seeks information on the oil and natural gas producer's accounting methods for the acquisition and classification of oil and gas properties....
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Figures on government spending and debt
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