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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

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

Weekahead: Hot earnings to keep fire under growth-stock rally

NEW YORK Don't look for the outperformance of growth stocks to fade any time soon, as long as corporate earnings continue to improve and hopes remain for stronger economic growth.

Apr 28 2017

Tesla recruiting engineers in Mexico for California plant

SAN FRANCISCO Tesla Inc is recruiting engineers from Mexico to work on robotics and other automated equipment at its California factory, according to LinkedIn postings viewed by Reuters, part of a hiring push to ready the plant for mass production of the upcoming Model 3.

Tech, Mexico Apr 28 2017

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