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AAA  Apr. 1, 2014
March malaise
By TREVOR DELANEY
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4

Radio woes

The struggling electronics retailer, RadioShack, says it will close up to 1,100 stores. Its stock drops 20.9 percent in March.

5

CIO resigns

Target’s Chief Information Officer, Beth Jacob, resigns in the wake of the retailer’s massive pre-Christmas data breach.

13

Price hike

Amazon raises the price of its Prime membership to $99 a year, its first increase since introducing the program in 2005.

16

Anticipated IPO

Chinese e-commerce giant Alibaba Group says it plans to go public on a U.S. stock exchange, possibly raising up to $15 billion.

19

Yellen debut

The stock market drops as newly appointed Fed Chair Janet Yellen implies that the Fed's time frame for raising interest rates is sooner than many had expected.

26

Candy crushed

The IPO of King Digital Entertainment, the maker of the mobile game “Candy Crush Saga,” falls 15.6 percent in its market debut.

26 (also on 26)

Stressed out

Citigroup fails the Federal Reserve’s “stress test” and is barred from raising its dividend or boosting its stock buybacks.

27

A new era

Under new CEO Satya Nadella (pictured left), Microsoft releases Office for Apple’s iPad tablet.

Associated Press
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