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Business News
Markets Right Now: Stocks open lower, led by energy sector
NEW YORK (AP) -- The latest on developments in global financial markets (all times local):...
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US GDP grows a weak 1.2 percent in second quarter
WASHINGTON (AP) -- Growth in the U.S. economy was sluggish again in the spring, dashing expectations for a robust rebound after a tough winter. Stronger consumer spending was offset by weakness in housing construction and a big slowdown in the pace that businesses restocked store shelves....
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Exxon reports smallest profit since 1999
DALLAS (AP) -- Lower oil prices continue to punish Exxon Mobil Corp., which reported its weakest quarterly profit in nearly 17 years....
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Combi recalls child car seats for risk of chest injuries
DETROIT (AP) -- Combi USA is recalling more than 39,000 car seats because they can transmit too much force to a child's chest in a crash....
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Spain revises economic growth forecast up for 2016
MADRID (AP) -- The acting Spanish government has revised upward its forecast for economic growth this year from 2.7 percent to 2.9 percent....
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