Monday's Bloomberg Market Report

By: Deborah Kostroun Email
By: Deborah Kostroun Email
  • DJ Industrials: Up 48.23 to 14,613.48
  • S&P 500: Up 9.79 to 1,563.07
  • NASDAQ: Up 18.39 to 3,222.25

Here are the headlines from Monday's Bloomberg Market Report.

JC Penney confirms to Bloomberg that it's parted ways with marketing executive Sissie Twiggs, who worked for Apple before joining JC Penney in July. The move marks at least the fourth major change in the struggling retailer's marketing department in the past year.

Texting has been linked to a flight crash in a U.S. aviation first. The NTSB meets Tuesday to assign a cause for a deadly medical helicopter in 2011. Several texts were sent and received by the pilot in the minutes leading up to the Missouri crash. This is the first time the agency has found evidence of texting leading up to a fatal flight accident.

The Fox Network is threatening to go off the air and become a cable channel, if U.S. courts fail to block a new streaming site called "Aereo." News Corp's COO says if the low cost TV service isn't stopped, Fox and its affiliates will serve only pay-TV customers.

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