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.

VW Identifies $2 Billion in Savings
13:26 - Jalopnik.com Editor-in-Chief Matt Hardigree discusses VW's cost-cutting efforts. He speaks on "Bloomberg Markets." (Source: Bloomberg)
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