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Wall Street slips on weak GDP data, but indexes rise in April

NEW YORK Stocks edged lower on Wall Street on Friday after data showing the U.S. economy grew at its weakest pace in three years in the first quarter gave traders a reason to cash recent gains. | Video

Recent Business News

Google gets Australian tax office demand to pay more, says to fight it

SYDNEY Alphabet Inc's Google said it will challenge amended tax assessments issued by the Australian Taxation Office (ATO), which is trying to claw back billions of dollars from multinational corporations citing unpaid taxes.

2:48am EDT

Zalando ponders opening stores in major cities: Manager Magazin

BERLIN Online fashion retailer Zalando is pondering opening stores in major cities such as London, Paris or Berlin, the company's co-chief executive told Germany's Manager Magazin.

4:54am EDT

U.S. Congress passes short-term bill to avert government shutdown

WASHINGTON The Republican-led Congress averted a U.S. government shutdown on Friday and gave lawmakers another week to work out federal spending through Sept. 30, with tricky issues like defense spending still unresolved. | Video

Politics, Election 2016 Apr 28 2017

U.S. gasoline demand falls for second straight month: EIA

NEW YORK U.S. gasoline demand fell 2.4 percent in February from a year earlier, the second straight monthly decline, according to data released on Friday by the U.S. Energy Information Administration that suggested the market may have trouble repeating last year's record volumes.

Apr 28 2017

Shaw Communications explores selling ViaWest: sources

Shaw Communications is looking for a buyer for ViaWest, the U.S. data center company it bought three years ago, according to people familiar with the matter, as the Canadian cable company continues to shed assets it considers non-core.

Apr 28 2017

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