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November U.S. auto sales seen rising about 4 percent by analysts

DETROIT (Reuters) – Hefty consumer discounts during a robust Black Friday weekend helped boost November U.S. auto sales between 4 percent and 5 percent, which could catapult results this year above a record high in 2015, economists and industry analysts said.

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November U.S. auto sales seen rising about 4 percent by analysts

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Separation anxiety: Trump’s management style poses challenges in Oval Office

It has proven one of Donald Trump's greatest strengths in building a worldwide luxury brand: An obsessive attention to detail, down to the curtains hanging in hotel rooms and the marble lining the lobby floor. “I'm very much involved in the details,” Trump said during a June deposition in a lawsuit stemming from his development of a Washington hotel. A former employee of the Trump Organization who has worked closely with Trump was skeptical that he could leave behind his beloved company after spending decades building it…

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Separation anxiety: Trump’s management style poses challenges in Oval Office

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China’s HNA to buy 25 percent stake in Hilton for $6.5 billion

Chinese aviation and shipping conglomerate HNA Group said on Monday it would buy about 25 percent of hotel operator and manager Hilton Worldwide Holdings Inc from biggest shareholder Blackstone Group LP for $6.5 billion. Shares of Hilton, whose brands include Conrad Hotels & Resorts, Curio and Double Tree as…

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China’s HNA to buy 25 percent stake in Hilton for $6.5 billion

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Wal-Mart Japan to focus on remodeling stores, no plans to exit market

Wal-Mart Stores expects its Japan business to focus on remodeling existing stores rather than opening new ones this year, citing fierce competition and consumer reluctance to spend freely amid uncertain economic times. Despite bold monetary and fiscal stimulus, Japan's consumer spending has been hit by a 2014 hike in the national sales …

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Wal-Mart Japan to focus on remodeling stores, no plans to exit market

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Toshiba to unveil business plan on Friday

Japan's Toshiba Corp announced it will unveil on Friday its business strategy for the next fiscal year, which, analysts say, will include plans to boost its finances after a $1.3 …

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Toshiba to unveil business plan on Friday

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Bill Gross is cleared to pursue $200 million Pimco lawsuit

California Superior Court Judge Martha Gooding ruled late Sunday that Gross' breach-of-contract lawsuit was strong enough to proceed. Gross abruptly left Pimco in September 2014 following negative reports about his management style and weak returns at Pimco Total Return , which he had built

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Bill Gross is cleared to pursue $200 million Pimco lawsuit

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China’s Anbang challenges Marriott with $13 billion Starwood offer

The non-binding bid, unveiled on Monday, just days after Anbang agreed to acquire Strategic Hotels & Resorts Inc from buyout firm Blackstone Group LP for $6.5 billion, would represent by far the biggest Chinese investment in U.S. real estate assets. The head of China's insurance regulator, Xiang Junbo, wrote in January in a magazine published by the country's central bank that Chinese insurers should venture overseas for investments. Anbang's $2 billion acquisition…

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China’s Anbang challenges Marriott with $13 billion Starwood offer