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 U.S. President Donald Trump and Apple CEO Tim Cook are set to visit facilities in Texas on Wednesday where Apple's high-end computers are assembled, sources briefed on the matter confirmed Friday.
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J.C. Penney shared updates on its plans to turn things around at the struggling department store chain. But Penney's sales are still falling, as the retailer continues to lose money.
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J.C. Penney Co Inc on Friday reported a smaller-than-expected quarterly loss as it sold more diamond jewelry and denim clothing, results Chief Executive Jill Soltau said showed efforts to revive sales and profits at the department store are taking hold.
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