1. NOT A GOOD THING

    JCPenney and Macy’s Back in Court

    Who knew former jailbirds were so popular? Macy’s and JCPenney have failed to solve their dispute over Martha Stewart home goods in mediation and will now head back to court. The outcome of the trial is particularly important for JCPenney and CEO Ron Johnson, as bringing in Martha Stewart is a big part of its turnaround plan involving boutique stores within the JCPenney store.

    Read it at CNBC