Apple to Make Larger iPad in Second Half

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Apple suppliers have been told to start production of a larger-screen iPad in the second half of this year as the U.S. tech giant wrestles with new designs and features for the enterprise market.

Xiaomi Expects Sales to Surge in 2015

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Xiaomi expects sales and smartphone shipments to each rise by more than 30% this year, its CEO said, as the Chinese smartphone maker looks to overseas markets to keep up its growth.

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.

AbbVie to Buy Pharmacyclics in $21 Billion Deal

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AbbVie said it will buy cancer biotech Pharmacyclics in a $21 billion deal that returns the Chicago drug company to deal-making after backing away from a big tax-lowering takeover last year.

Crafts Site Etsy Files for Initial Offering

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Etsy unveiled plans to further test investors’ appetite for e-commerce companies, filing for an initial public offering a decade after it was founded in a Brooklyn, N.Y., apartment as a way to sell handmade goods online.

Washington Strips New York Fed's Power

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A panel run by Fed governor Daniel Tarullo has taken regulatory authority over Wall Street banks from the once-mighty New York Federal Reserve bank.

Handbag Prices Begin to Hit Their Limit

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For years, prices of high-end handbags rose sharply, but now even wealthy buyers are pushing back. As a result, design houses including Gucci, Fendi, Prada and Mulberry are adding lower-price items.

Business Schools Teach Networking, American Style

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A handful of business schools are helping international students master the art of introductory email and informal networking—with some help from Jim Carrey.

Date Set for Hearings in Sysco-U.S. Foods Antitrust Suit

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A federal judge set a May 5 start date for court hearings on the Federal Trade Commission’s antitrust lawsuit against the merger of the nation’s two largest food distributors, Sysco Corp. and U.S. Foods Inc.

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.

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