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.
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.
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.