Citi's Fix-It Man Guides Bank Through Stress Test

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Citigroup’s Gene McQuade is taking on arguably the most important job at the global bank: making sure that this year it passes the Federal Reserve stress test.

'Selfie' Shtick Targets Dividends

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The expanding ranks of Australians who manage their own pension savings, known as “selfies,” are helping drive stocks to levels not seen since the global financial crisis.

Germany Aims to Foster Startups

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Germany’s government is pushing to expand tax breaks for startups and trying to ease their path to the stock market, in an effort to buck a trend that worries policy makers: a decline in entrepreneurialism.

Oil Companies Begin to Give Up on Yemen

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The political upheaval in Yemen has dealt a powerful blow to the country’s oil industry, forcing companies to abandon productive oil patches and evacuate staff as a rebel group consolidates power.

Alibaba Opens Silicon Valley Data Center

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Alibaba said it is opening a data center in Silicon Valley, the Chinese e-commerce company’s first in the U.S., as it expands its cloud-computing business outside China.

Google, Wal-Mart Part Ways Over Local Ads

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The relationship between Google and Wal-Mart has frayed over the data used to lure shoppers into stores.

Jack Meyer's Convexity Suffers Investor Exodus

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Investors have pulled more than $3 billion out of Convexity Capital Management LP over the past year after a period of performance the firm itself described as “not good.”

McDonald's to Curb Antibiotics in Chicken

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McDonald’s plans to curtail antibiotics use in its U.S. chicken, a move that could help kick-start a broader food-industry response to growing public-health alarm around drug-resistant bacteria.

Big Firms Finally Start to Ramp Up Spending

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Large companies across the U.S. are gearing up to increase capital spending, and the new business investment could give another boost to the strengthening U.S. economy.

Toyota to Diversify Senior Posts

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Toyota tapped a foreigner as an executive vice president for the first time in the company’s nearly eight-decade history.

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