Wall Street rallied to its highest close ever today, shaking off, at least from a stock perspective, the funk of the recession and the financial crisis.
But the proverbial rising tide was not enough to lift all boats. J.C. Penney was dogged by sharp declines following reports that key investor Vornado Realty Trust was selling 10 million of its shares of the struggling retailer. Vornado’s chairman, Steven Roth, sits on Penney’s board and helped activist investor William Ackman shake up the Penney's operations.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)