Grupo Mexico Close to Buying Arizona Mine Stake

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Grupo Mexico is nearing a deal to acquire Mitsui & Co.'s 25% stake in the Silver Bell copper mine in Arizona for about $120 million, according to people familiar with the matter.

Ford Names Lincoln Division President

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Ford Motor named Kumar Galhotra to the newly created post of president of Lincoln to open a "new chapter" for a brand that has struggled to compete in the luxury automobile business.

When CEOs and CFOs Share an Alma Mater

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More than two dozen of the largest U.S. companies have CEOs and CFOs who hail from the same alma mater, according to a Wall Street Journal review.

Apple Readies Bet on Big-Screen Phones

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Apple is preparing for its largest initial production run of iPhones this year, betting that 4.7- and 5.5-inch screens will lure consumers now attracted to similar phones from Samsung and others.

Mobile-Ad Spending Leaps

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Spending on mobile ads is expected to jump 83% this year, but given how much time Americans spend on their devices, mobile-ad spending could be much higher.

Worries Over Meat Supplier Spread to Japan

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McDonald's said its outlets in Japan cut ties with Shanghai Husi Food Co., which has been accused in Chinese media reports of selling meat products beyond their shelf life

Kurds Pin Future on Stealth Oil Sales

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Iraqi Kurdistan's recent efforts to sell its oil abroad, which Iraq has declared illegal, show the steep barriers Kurds face in becoming a legitimate player in international energy markets.

Jana Partners Wants Changes at Apache

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Activist investor Jana Partners is calling for oil and gas company Apache Corp to exit some of its most expensive projects.

Gannett Profit Rises 84% on Broadcasting Unit Growth

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Gannett Co. said its second-quarter earnings rose 84% on a big boost from its broadcasting operations, which expanded with the media company's $1.5 billion acquisition of broadcaster Belo Corp. last year.

Yahoo Buys Mobile App Flurry

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Yahoo is acquiring mobile app analytics provider Flurry for more than $200 million in a bid to boost advertising revenue from smartphones.

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