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An AT&T phone running the Windows Phone operating system is shown for sale at a Microsoft retail store in San Diego

Microsoft Confident Windows Phone Will Outsell iPhone in China

For the first time in history, China has surpassed the U.S. in monthly iOS and Android activations, becoming the world's fastest growing smartphone market, as IDC recently predicted. However, it hasn't stopped Microsoft from saying that it will surpass Apple with its Windows Phone.
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Global growth concerns weigh on Wall Street

Wall Street fell for a third straight day on Thursday after continued contraction in manufacturing in both the euro zone and China fueled worries about the global economy.
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Jobless claims fall to four year low

The number of Americans claiming new unemployment benefits dropped to a four-year low last week, offering further evidence the jobs market recovery was gaining traction.
Obama Putin

Obama, Putin To Meet On Syria, Missile Defense

Putin, now Russia's president-elect, has said he would boycott the Group of Eight summit at Camp David and the NATO conference in Chicago this spring if U.S. missile defense plans weren't scrapped.

China Manufacturing Falters In March: HSBC PMI Shows

China's factory activities slumped for the fifth consecutive month as weakening domestic demand continued to weigh on growth. Spooked investors moved quickly out of riskier assets while hoping for further easing from Beijing.
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McDonald's CEO Jim Skinner To Retire

McDonald's Corp (MCD) Chief Executive Jim Skinner, who took the top post at the world's biggest hamburger chain following the abrupt departures of two CEOs, is retiring after more than seven years as a stabilizing force at the helm.
Italy's weak bond auction on Tuesday spooked traders, causing a drop in the prices for the country's government bonds

ECB's Draghi Says Worst Of Euro Zone Crisis Is Over

The worst of the euro zone crisis is over and the European Central Bank will act if inflation risks grow, ECB President Mario Draghi said in a German newspaper interview released on Thursday, seeking to ease angst in Germany about price rises.

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