NEW YORK (AP) — President Donald Trump's charitable foundation reached a deal Tuesday to go out of business, even as Trump continues to fight allegations he misused its assets to resolve business disputes and boost his run for the White House.

New York's attorney general and lawyers for the Trump Foundation agreed on a court-supervised process for shutting down the charity and distributing about $1.7 million in remaining funds to other nonprofit groups.

The agreement resolved one part of the legal drama surrounding Trump, whose campaign, transition, inauguration and real estate empire are all...