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Steady PMIs, sluggish China puts brakes on European shares

LONDON - European shares edged down on Wednesday after three days of gains as data showing China's economy was still stuttering offset some broadly reassuring European purchasing manager index (PMI) numbers. | Video

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China factory activity shrinks for fourth month

BEIJING - China's factory activity shrank for the fourth straight month in April, signaling economic weakness into the second quarter, a preliminary survey showed on Wednesday, although the pace of decline eased helped by policy steps to arrest the slowdown. | Video

1:25am EDT

Valeant, Ackman offer to buy Botox maker Allergan for $47 billion

- Canada's Valeant Pharmaceuticals International Inc said on Tuesday it and activist investor Bill Ackman made an unsolicited $47 billion bid to buy Botox maker Allergan Inc as it seeks to become one of the world's five biggest drug companies. | Video

GM seeks U.S. court protection against ignition lawsuits

- General Motors Co filed a motion in a U.S. court to enforce a bar on lawsuits stemming from ignition defects in cars sold before its 2009 bankruptcy as it fights proposed class action litigation that seeks to set aside the restriction.

22 Apr 2014

Wal-Mart to report how compliance targets impacted executive pay: WSJ

- Wal-Mart Stores Inc is set to report as soon as Wednesday on how its executives performed on their goals to overhaul compliance operations and how that affected their pay, the Wall Street Journal reported.

22 Apr 2014

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