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Added on the 17/02/2015 16:51:26 - Copyright : Reuters EN
Founder Renaud Laplanche resigned after an internal review found the company had extended loans to an investor that didn't conform to instructions. Fred Katayama reports.
Marriott struck back just three days after a group led by Chinese insurer Anbang topped Marriott's original bid. But an analyst says, don't count Anbang out just yet. Fred Katayama reports
The all-cash bid by the China-led group presents a challenge for Marriott, which agreed to buy Starwood in November for $12.2 billion in cash and stock. Fred Katayama reports.
Just as it releases earnings, Starwood is selling its vacation ownership business. And it could become the largest U.S. takeover by a Chinese company. Fred Katayama reports.
A 'new young leader' will take over the helm at Honda Motors, after CEO Takanobu Ito announced he was stepping down. Katie Gregory takes a look at what this surprise change of leadership means for one of Japan's top automakers.