Lenovo Thought It Knew How to Fix Brands---Then It Bought Motorola

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Success with a deal for IBM personal computers led China’s Lenovo to underestimate the difficulty of reviving smartphone company Motorola Mobility. “We underestimated the differences of the culture and the business model,” says the CEO.

Trump Is 'Last Great Hope for Globalism,' Adviser Says in Davos

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Trump adviser Anthony Scaramucci said the president-elect would renegotiate America’s relationship with NATO and its trade relationship with China, in hopes of benefiting the American middle class.

Rolls-Royce to Pay More Than $800 Million to Settle Corruption Probe

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Rolls-Royce Holdings said it had settled a longstanding corruption probe with U.S., British and other authorities at a cost of more than $800 million.

Three New Predictions for Automation and Jobs

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Despite claims that robots are coming for our jobs, only 5% of all occupations are at risk of being entirely automated, according to a new report from the McKinsey Global Institute.

Mattel Names New CEO, Picking Google's Giorgiadis

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Mattel Inc. named Google executive Margaret Georgiadis as its next chief executive, bringing an outsider to replace Christopher Sinclair atop the biggest U.S. toy company.

Trump Warns on House GOP Tax Plan

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Donald Trump criticized a cornerstone of House Republicans’ corporate-tax plan, which they had pitched as an alternative to his proposed import tariffs, creating another point of contention between the incoming president and congressional allies.

Investors Try to Tap Into the Next Craigslist, Regardless of Earnings

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The two leading contenders offering app-based classified listings, Letgo and OfferUp, have raised some $300 million in the past six months, despite generating virtually zero revenue.

Women Make Gains Toward Winning CEO Job

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Women represent the strongest internal contenders for the corner office at a small but growing number of major U.S. companies. Their ultimate success could produce an unprecedented number of female chief executives.

In Snap IPO, New Investors to Get Zero Votes While Founders Keep Control

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Snapchat messaging app creators Evan Spiegel and Bobby Murphy are expected to retain more than 70% of voting power in the company; pre-IPO investors get less-powerful voting shares.

BAT Agrees to Pay $49 Billion for Full Control of Reynolds

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British American Tobacco and Reynolds American said they had agreed to a sweetened offer of $49.4 billion from BAT for the 57.8% of Reynolds that it doesn’t already own.

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