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AP Top Business News at 2:04 p.m. EDT

Wal-Mart seeks overseas success by going native in China
SHENZHEN, China (AP) -- Zhong Guoyan sifted through piles of fish at a Wal-Mart in Shenzhen, one of China's largest cities. She studied the fins, to make sure they were bright red and firm. She peered at the eyeballs - were they bulging?...

Wal-Mart steps up online efforts in China as a key to future
SHANGHAI (AP) -- Wal-Mart's tiny warehouse in eastern Shanghai doesn't look like much. But it's a key part of the company's strategy to win over grocery customers in China who are fast heading online....

Wal-Mart's Sam's Club: A bright spot in China
SHENZHEN, China (AP) -- Wal-Mart's Sam's Club took a gamble in China almost two years ago. It changed the way it sells meat and fish, putting them in packages instead of letting Chinese shoppers physically inspect cuts of meat or live fish in tanks the way they're used to....

In China, Wal-Mart meets its match: Sun Art Retail Group
At the store in Shanghai, signs promote "everyday low prices," along with temporary promotions - similar to what Wal-Mart does....

US consumer spending scores biggest jump in 6 years
WASHINGTON (AP) -- Consumer spending surged in April by the largest amount in more than six years, led by a big jump in purchases of autos and other durable goods....

Great Plains Energy to buy Westar for about $8.6 billion
NEW YORK (AP) -- Great Plains Energy is buying rival Westar for about $8.6 billion, creating one large power provider in Kansas and Missouri with more than 1.5 million customers in....

US stocks slide as household goods makers take losses
NEW YORK (AP) -- U.S. stock indexes are mostly lower Tuesday and consumer goods makers are taking the biggest losses. While spending by consumers jumped last month by the largest amount in six years, a survey showed Americans are still worried about the job market and don't expect much improvement....

Carl Icahn says he bought a stake in Botox-maker Allergan
NEW YORK (AP) -- Activist investor Carl Icahn says he bought a "large" stake in Botox-maker Allergan and said he's supportive of the company's CEO, Brent Saunders....

Many brands opt out of Milan men's runway shows this year
MILAN (AP) -- The Milan Fashion Week men's calendar is full of holes. Zegna, Calvin Klein, Cavalli, Costume National, Ermanno Scervino and Bottega Veneta are among the fashion houses that have opted not to do runway shows in June....

UK pound slides as polls indicate support for EU exit
LONDON (AP) -- The British pound fell sharply Tuesday after two opinion polls for The Guardian newspaper indicated support for a British exit from the 28-country European Union in next month's referendum....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
US stocks slide as household goods makers take losses

Carl Icahn says he bought a stake in Botox-maker Allergan

Markets Right Now: Stocks are mixed in midday trading

Great Plains Energy to buy Westar for about $8.6 billion

US consumer spending scores biggest jump in 6 years

US consumer confidence slips in May

US home prices rise in March as spring buying season begins

US consumer spending surged 1 percent in April, biggest gain in 6 years; incomes also rose

Striking Verizon workers to return Wednesday; deal inked

Eurozone inflation remains negative but poised for oil boost



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