AP Top Business News at 2:32 a.m. EDT

Judge set to decide on $15B Volkswagen settlement
SAN FRANCISCO (AP) -- A $15 billion settlement over Volkswagen's diesel emissions cheating scandal faced a critical test, as a federal judge decided whether to grant it preliminary approval....

Former Oregon lumber town rides digital wave to a comeback
PRINEVILLE, Oregon (AP) -- It was not long ago that Crook County had five major lumber mills. Timber was king, and the rural Oregon county was the nation's top producer of ponderosa lumber....

Fox News ousts 2 more executives
NEW YORK (AP) -- Four days after the ouster of Roger Ailes as Fox News chief, two more executives at the network have been axed....

Seeking wider digital audience, Verizon buys Yahoo for $4.8B
SAN FRANCISCO (AP) -- Seeking a wider digital audience, Verizon is buying Yahoo for $4.83 billion in a deal that marks the end of an era for a company that defined much of the early internet but struggled to stay relevant in an online world dominated by Google and Facebook....

Verizon could boost Yahoo ad targeting, but challenges ahead
NEW YORK (AP) -- Verizon's deal for Yahoo could give the phone company a stronger foothold in digital advertising as it takes what it knows about its customers' whereabouts and combines that with Yahoo's popular destinations and AOL's advertising expertise....

Shutting down 'shark finning': US fishermen promise a fight
PORTLAND, Maine (AP) -- American fishermen are digging in for a fight over a proposal to shut down the vestiges of the U.S. harvest of shark fins, prized for soup and traditional medicine in Asia, and send a message to the rest of the world....

Hyundai Motor reports 10th straight quarterly profit drop
SEOUL, South Korea (AP) -- Hyundai Motor Co. says its second-quarter income fell from a year earlier for a tenth straight quarter....

Yahoo's Mayer: A trailblazer, but no game-changer for women
NEW YORK (AP) -- Marissa Mayer was a rarity: A major tech-company CEO who served while pregnant and, later, as a mother of young children. But her trailblazing has done little to meaningfully improve the second-class status of women in tech, a more deep-seated problem that will take many years - and certainly more than one person - to fix....

Asian stocks mixed after Wall Street decline
BEIJING (AP) -- Chinese stocks gained Tuesday but other Asian markets fell after Wall Street declined on losses for energy stocks....

APNewsBreak: Pfizer: Arkansas execution would 'misuse' drug
LITTLE ROCK, Ark. (AP) -- An execution drug obtained by the Arkansas prison system this month appears to have been made by a subsidiary of Pfizer, even though the pharmaceutical giant has said it doesn't want its drugs to be used in executions....

Business Video
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Hyundai Motor reports 10th straight quarterly profit drop

Energy company BP says 2Q earnings fell 45 percent

South Korea's growth improves on better consumption

Asian stocks mixed after Wall Street decline

Rates mixed at weekly US Treasury auction

Business Highlights

G-III Apparel and Kimberly-Clark fall; Sprint surges

How the Dow Jones industrial average fared on Monday

Markets Right Now: Stocks end lower after 4 weeks of gains

Starbucks shuffles management; new role for Americas head