AP Top Business News at 7:52 a.m. EDT

Volkswagen to provide update on emissions settlement talks
SAN FRANCISCO (AP) -- A federal judge is set to get an update on ongoing settlement talks in the Volkswagen emissions cheating scandal after announcing a tentative deal last month for nearly half a million polluting Volkswagens in the U.S....

Facebook drops news outlet input in 'trending topics' review
LOS ANGELES (AP) -- Facebook says it is dropping its reliance on news outlets to help determine what gets posted as a "trending topic" on the giant social network, a move adopted after a backlash over a report saying it suppressed conservative views....

British pound up as markets see lower risk of EU exit
LONDON (AP) -- The British pound posted strong gains Tuesday as market expectations waned somewhat of a British exit from the European Union, so-called Brexit....

Detroit muscle cars aren't so strong in crash tests
DETROIT (AP) -- Muscle cars may look cool, but they don't offer the best protection in a crash....

Swiss bank to be shut over Malaysia embezzlement scandal
GENEVA (AP) -- A Swiss private bank will face criminal proceedings and be liquidated after allegedly committing serious breaches of anti-money laundering regulations in connection with the suspected embezzlement of a Malaysian state investment fund....

German investor confidence down amid concern over UK vote
BERLIN (AP) -- A survey of German investor confidence has dipped unexpectedly because of concerns, among others, over whether Britain will vote to leave the European Union....

Fiat Chrysler names new head of Alfa Romeo and Maserati
MILAN (AP) -- Fiat Chrysler Automobiles has announced that its U.S. sales chief will take over the premium Italian Alfa Romeo and Maserati brands....

AP Interview: Qatar energy minister wants 'fair' oil price
DOHA, Qatar (AP) -- The oil market is slowly recovering from its steep drop over the past two years but crude is still not trading at a "fair price" to encourage necessary investment, Qatar's energy and industry minister said Tuesday, ahead of next week's meeting of OPEC producers....

Best Buy
RICHFIELD, Minn. (AP) -- Best Buy Co. (BBY) on Tuesday reported fiscal first-quarter profit of $229 million....

Apple boss Tim Cook: Apps are future of TV
AMSTERDAM (AP) -- Apple CEO Tim Cook said Tuesday that apps are the future of television and that the company wants to help change the entertainment industry....

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