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Preview: AP Top Business News At 12:26 p.m. EST

AP Top Business News at 3:01 a.m. EDT

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California opens pathway for cars that lack steering wheel
California regulators have changed course and opened a pathway for the public to get self-driving cars of the future that lack a steering wheel or pedals....

Volkswagen reaches $1.2B settlement with dealers in scandal
SAN FRANCISCO (AP) -- Volkswagen has agreed to pay its U.S. dealers up to $1.2 billion to compensate them for losses they said they suffered as a result of the company's emissions cheating scandal, according to a settlement agreement filed Friday in federal court in San Francisco....

A year of Alphabet: Great for Google, less so for moonshots
SAN FRANCISCO (AP) -- Reorganizing itself under the umbrella company Alphabet has done wonders for Google - but less so for a grab bag of eclectic projects ranging from robotic cars to internet-beaming balloons, which are suffering costly growing pains....

Q&A: Will Deutsche Bank become the next Lehman?
FRANKFURT, Germany (AP) -- Germany's biggest bank is looking shaky and some investors fear it could collapse and endanger the wider financial system....

Deutsche Bank shares swing wildly amid stability concerns
BERLIN (AP) -- Shares in Deutsche Bank swung wildly on Friday, touching a record low before roaring back to life, amid speculation about the stability of Germany's biggest bank and the European financial system....

US consumer spending at weakest pace in 5 months
WASHINGTON (AP) -- U.S. consumers scaled back their spending in August to its weakest pace in five months, reflecting a drop in spending on autos. Income growth also decelerated as wages and salary gains slowed following four strong months....

Stocks say 'nevermind'; reverse recent losses as banks jump
NEW YORK (AP) -- U.S. stocks climbed Friday as banks made a rapid recovery following a steep fall a day ago. Investors hoped Deutsche Bank and the financial system in general were in better shape than they had feared....

EU nations approve ratification of climate change pact
BRUSSELS (AP) -- The European Union's environment ministers on Friday approved the ratification of the landmark Paris climate change pact, paving the way for the agreement to take effect in November....

Malls, stores consider new ways to protect shoppers
NEW YORK (AP) -- More sophisticated cameras. Security robots. Customers feeling shaken by recent attacks at U.S. malls may not notice huge changes - but mall operators are testing and putting in place new technologies and other measures to offer people more protection without intruding too much on their shopping time....

US closes probe of Jeep automatic braking; no recall sought
DETROIT (AP) -- U.S. safety regulators have closed a yearlong investigation into the Jeep Grand Cherokee's automatic braking system without seeking a recall....