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AP Top Business News at 9:55 p.m. EDT

ADB says developing Asian economies are holding steady
MANILA, Philippines (AP) -- The Asian Development Bank says the economies of developing countries in Asia are holding up despite stubborn global headwinds, and that earlier forecasts that the countries as a group will grow 5.7 percent in 2016 and 2017 remain unchanged. The group grew 5.9 percent in 2015....

US stocks slide as banks tumble on Deutsche Bank worries
NEW YORK (AP) -- U.S. stocks slumped Monday, and banks took the biggest losses. Deutsche Bank plunged as investors worried about the financial health of Germany's largest bank. Pfizer pulled drugmakers down after it announced it won't break up into two companies....

Showdown: Congress looks to override Obama veto of 9/11 bill
WASHINGTON (AP) -- Congress is poised to override President Barack Obama's veto of a bill that would allow families of Sept. 11 victims to sue Saudi Arabia for the kingdom's alleged backing of the terrorists who carried out the attacks that killed nearly 3,000 people....

WHY IT MATTERS: Jobs
WASHINGTON (AP) -- THE ISSUE: Tepid income growth and shrinking opportunities for blue-collar workers have kept many Americans anxious about jobs and the economy, seven years after the Great Recession ended....

Chinese firm charged with plotting to evade NKorea sanctions
WASHINGTON (AP) -- The Justice Department on Monday unsealed criminal charges against a China-based company and four of its executives for conspiring to evade U.S. economic sanctions that target North Korea's nuclear weapons and ballistic missiles programs....

Sales of new homes tumbled 7.6 percent in August
WASHINGTON (AP) -- Sales of new homes retreated in August, one month after surging to the highest level in nearly nine years. Activity fell in all regions of the country except the West....

New car mileage estimates drop as EPA changes test formula
DETROIT (AP) -- Highway gas mileage estimates for about one-third of all new vehicles sold in the U.S. will fall by one mile per gallon because the government has changed the way it calculates the numbers on the window sticker....

Will boom in loans at retailers, manufacturers turn to bust?
NEW YORK (AP) -- They sell diamond rings in malls and used cars at dealerships, make wrench sets for mechanics and giant combines for farmers....

Feds accuse Silicon Valley firm of hiring bias
SAN FRANCISCO (AP) -- The U.S. Department of Labor has filed a lawsuit accusing a fast-growing Silicon Valley software company of systematically discriminating against Asian job applicants....

Lawmakers' report finds crowded Airbnb rentals in New York
ALBANY, N.Y. (AP) -- A report on New York City Airbnb rentals has found cases of air mattresses in kitchens, bunk beds in a dining area and listings for up to 32 people, showing the need for tighter rules on the popular online home rental service, according to the two state lawmakers who issued the analysis....

Business Video
Multimedia
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Up to the Minute
Rates on short-term bills fall at weekly US Treasury

US stocks slide as banks tumble on Deutsche Bank worries

How the Dow Jones industrial average fared on Monday

Business Highlights

New car mileage estimates drop as EPA changes test formula

Deutsche Bank, Pfizer slide; Transocean and Chemtura climb

Markets Right Now: Banks lead a slump in US stocks

Sales of new homes tumbled 7.6 percent in August

Shareholders approve sale of Westar Energy to Great Plains

Russia revises ban on imports of Egyptian plant products


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