NPR's business news starts with J.C. Penney's revolving door.
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GREENE: J.C. Penney has ousted its high-profile CEO, Ron Johnson. The retailer recruited Johnson from Apple, to revitalize the company. But since his arrival less than 18 months ago, things at J.C. Penney have only gotten worse.
This is MORNING EDITION from NPR News. Good morning. I'm David Greene. President Obama is preparing to send budget plan to Capital Hill this week and Treasury Secretary Jack Lew will be key in selling that plan to Congress.
Right now, Secretary Lew is on another mission: to sell European leaders on the idea of easing austerity to boost economic growth. We reached Secretary Lew in Berlin. Mr. Secretary, welcome back to the program.
The director Danny Boyle is best known for the Oscar-winning "Slumdog Millionaire." His latest film is called "Trance," but Los Angeles Times and MORNING EDITION film critic Kenneth Turan was not put under its spell.
KENNETH TURAN, BYLINE: "Trance" begins with the auction of a painting by Goya.
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JAMES MCAVOY: (As Simon) Telephone bidder now, $26 million; 26 on the telephone, 27 to the lady on the aisle. Selling, 27 million, 500 thousand pounds - sold...