Reuters: Top News - Breaking News - World News

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SEATTLE (Reuters) - Sales of Microsoft Corp's Windows software fell short of outsized expectations, rekindling fears that the spread of mobile gadgets will erode its main PC-focused business.

Source: Microsoft's Windows disappoints on lukewarm PC sales

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WASHINGTON (Reuters) - President Barack Obama said on Friday his healthcare overhaul is an important part of efforts to cut the budget deficit and insisted he will not "refight" the battle to pass the law.

Source: Obama: will not refight battle over healthcare law

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DAVOS, Switzerland (Reuters) - European policymakers and international bankers at the Davos forum said on Saturday the euro zone's debt crisis had turned a corner and any doubt about the survival of the single currency area had passed.

Source: Euro zone crisis seen turning corner

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DAVOS, Switzerland (Reuters) - Top bankers adopted a softer tone after high-level meetings at the World Economic Forum on Saturday, thanking governments for shoring up the financial system in the hope of avoiding tighter regulation.

Source: Bankers play contrite, offer olive branch at Forum

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DAVOS, Switzerland (Reuters) - The global elite, dining on Norwegian lobster and reindeer at the end of the World Economic Forum on Saturday, felt pretty chipper despite growing concerns about the inequality of the economic recovery.

Source: Lobster in the mountains, riots on the Nile

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NEW YORK (Reuters) - Comcast Corp has completed its takeover of NBC Universal, creating a $30 billion media behemoth that controls not just how television shows and  movies are made but how they are delivered to people's homes.

Source: Comcast completes NBC Universal merger

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CHICAGO (Reuters) - A group of hedge funds led by Elliott Associates and Black Diamond Offshore Ltd appealed the dismissal of their $2 billion lawsuit against German automaker Porsche SE.

Source: Hedge funds appeal dismissed $2 billion suit vs Porsche

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NEW YORK/CHICAGO (Reuters) - Alpha Natural Resources said on Saturday it agreed to a $7.1 billion deal to buy Massey Energy Co, which was rocked by a deadly coal mining accident last year.

Source: Alpha agrees to buy Massey Energy for about $7.1 billion

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WASHINGTON (Reuters) - House of Representatives Speaker John Boehner on Sunday said that the United States must continue meeting its obligations to fund government debt or risk a global financial disaster.

Source: House Speaker Boehner warns against debt default

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(Reuters) - The founder of U.S. hedge fund firm Barai Capital Management has been drawn into the government's insider trading probe that involves "expert network" firms, the Wall Street Journal said, citing people familiar with the matter.

Source: Barai Capital hedge fund under U.S. government scanner: report