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Paul Dykewicz

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U.S. stocks fell on Thursday, with the Dow Jones industrial average recording its third consecutive day of losses, after weaker-than-expected manufacturing data in China and lackluster U.S. corporate earnings.

[networked computers]
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International Business Machines Corp. (IBM) agreed to sell its low-end server business for $2.3 billion to China’s Lenovo Group Ltd. (992) as a way to decrease its reliance on computer hardware.

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McDonald’s Corp (MCD.NYSE) reported weaker-than-expected quarterly sales at established restaurants on Thursday as fewer diners visited the fast-food chain.

[viet globe statue]
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Stocks and global emerging markets sold off sharply on Thursday on disappointing Chinese manufacturing data and weak company earnings.

[blue capsules spilling out of a bottle]
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More than 6.3 million Americans were deemed eligible for government healthcare plans for the poor since the Oct. 1 launch of President Barack Obama’s healthcare law through December, federal officials reported.

[Spanish flag in the shape of Spain]
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Spain’s jobless rate rose to 26.03 percent of the nation’s workforce in the three months through December, compared with 25.98 percent in the previous quarter.