J.C. Penney is bringing back Myron E. "Mike" Ullman as its CEO after Ron Johnson's risky turnaround strategy backfired and led to falling sales.
Ullman's appointment is a return to the familiar for J.C. Penney. He was chief executive of the department store chain for seven years prior to Johnson's appointment. He had also been its executive chairman until January 2012.
Before joining J.C. Penney, Ullman was director general of luxury conglomerate LVMH Moet Hennessy Louis Vuitton. He has also been chairman and CEO of DFS Group Limited, a travel retailer, and CEO of R.H. Macy & Co.
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As the year draws to a close, Indianapolis Mayor Greg Ballard says he's still waiting for something he asked for back in March.
The Indianapolis Zoo hosted its annual "Christmas at the Zoo" fundraiser Wednesday, but the festivities became a secondary celebration for one special family.
Black ice likely caused an accident Wednesday morning in Boone County.