Samsung, Apple Battle for Top Spot

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The fortunes of the world’s two biggest smartphone makers crossed paths again, as contrasting earnings reports from Apple and Samsung Electronics put the two technology giants back in a dead heat for leadership of the global market.

Shell to Cut Spending

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Royal Dutch Shell posted higher profit but said it would freeze dividend payments and curb planned spending over the next three years by some $15 billion as it struggles with weaker oil prices.

FCC Raises Billions in Spectrum Sale

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The Federal Communications Commission’s biggest ever auction of wireless spectrum closed Thursday and raised a record $44.9 billion, a sign of the growing cost of supporting Americans’ smartphone habit.

Time Warner Cable Results Miss

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Time Warner Cable reported an increase in subscribers as the pay-TV provider continued to await the completion of its acquisition by Comcast. The results came in below analysts’ expectations.

Colgate Posts Strong Profit on Growth in Emerging Markets

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Colgate-Palmolive Co. posted stronger-than-expected earnings in the fourth quarter, as higher pricing and growth in emerging markets helped offset the impact of the stronger dollar.

EMC Earnings Rise on Strong Demand for Data Storage

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EMC Corp. posted a 12% rise in fourth-quarter net income, reaping demand for new data-storage hardware while leaving recent questions about the company’s structure unanswered.

China to Crack Down on Fake Goods Online

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China’s Ministry of Commerce said it would step up its efforts to prevent the sale of counterfeit goods online.

Airline Booker Draws Complaints of Irregularities

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Spain’s EDreams Odigeo has grown to rival Expedia as a global leader in airline bookings, but it has also become a magnet for customer complaints about irregularities in booking practices, a Wall Street Journal review found.

McDonald's CEO Out as Sales Drop

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McDonald’s said Chief Executive Don Thompson was leaving, less than three years into his tenure, and promoted a company veteran to try to revive the fast-food giant from its worst slump in more than a decade.

Harley-Davidson Sales Growth Worldwide Tops U.S.

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Harley-Davidson Inc. said foreign-exchange pressures weighed its results in the most recent period, while international motorcycle sales outpaced those in the U.S.

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