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NEW YORK (CNN) -- CNN Money's Maribel Aber has your top business and financial news on this Wednesday, February 19.

Raising minimum wage would ease poverty but cost some jobs
Supporters of raising the federal minimum wage to $10.10 an hour say it will increase productivity, lower turnover and increase wages for 28 million workers. Critics contend that a higher minimum will hurt jobs and consumers. A new analysis from the nonpartisan Congressional Budget Office indicates that both sides have a point. The key takeaways from the CBO report: Gradually raising the federal minimum wage to $10.10 from $7.25 would boost the incomes of most low-wage workers and lift 900,000 out of poverty. But it could also result in the loss of 500,000 jobs.

3,000 Americans ditch their passports
Goodbye, Uncle Sam! That's what 3,000 Americans chose to say last year, lining up at embassies around the world to renounce their citizenship. The numbers for 2013 represent a dramatic spike -- triple the average for the previous five years, according to a CNNMoney analysis of government data. Some of the rush is coming from expats who are tired of dealing with complicated tax filings -- which are only getting worse as new regulations come into effect. Unlike most countries, the U.S. taxes citizens on all income, regardless of where it is earned or where they reside. Reporting taxes can be so difficult that expats are often forced to seek expert help, which can cost thousands of dollars.

Maker of Candy Crush files for IPO
The maker of Candy Crush Saga and other wildly popular free video games filed for an initial public offering early Tuesday. King Media Entertainment, based in Dublin, Ireland, plans to list the IPO on the New York Stock Exchange. Its filing said it has annual revenue of $1.9 billion and a profit of about $568 million, despite offering games such as Candy Crush, Pet Rescue and Farm Heroes to players for free. Candy Crush has about 93 million average daily players, who play the game more than 1 billion times a day, according to the company.

Barbie's latest gig: Entrepreneur
Barbie probably boasts the most diverse resume in history. And after sailing through 150 careers, her newest gig is an entrepreneur. Mattel unveiled Barbie Entrepreneur for its "I can be" line at this week's American International Toy Fair in New York. It's the first time in her 55-year history that Barbie takes on this role, said Mattel (MAT, Fortune 500) spokeswoman Michelle Chidoni. The four versions of the doll, representing different ethnicities, sports an elegant pink sheath dress and the essential tools of startup life: A smartphone, tablet and briefcase.

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