Turning a Communist Mao Hotel World Class

Four decades after Richard Nixon and Zhou Enlai established a new era in U.S.-China relations with the Shanghai Communique, the hotel that hosted their meeting is tapping German management to turn a communist-era icon into a luxury brand that can compete globally.

Genworth CEO: Alberta Home Prices Will Fall Up to 10%
00:23 - Canada's largest private residential mortgage insurer sees slumping oil prices doing more damage in the oil-dependent province of Alberta. Stuart Levings, Genworth MI Canada's chief executive officer, joins Bloomberg TV Canada’s Pamela Ritchie to discuss why housing prices will continue to soften. (Source: Bloomberg)
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