A judge granted preliminary approval for a settlement in which Volkswagen offers to buy back polluting diesel-powered vehicles. » Read More
European stocks finished the session with solid gains on Friday as the recovery in global markets continued, despite uncertainties over the Brexit vote.
Trade between the United Kingdom and the European Union is worth hundreds of billions of dollars, and businesses want it to continue uninterrupted. But the British have made the Europeans really, really mad.
CNBC's Phil LeBeau reports on the record settlement to be paid by Volkswagen to car owners affected by the diesel emissions scandal and how the automaker's future in the U.S. may still be bleak.
Volkswagen U.S.-listed shares jumped nearly 2 percent after reaching a $15 billion settlement for a diesel engine scandal.
As part of Volkswagen's agreement after its diesel emissions trickery, one man is taking the option of selling his faulty car back to the company at pre-scandal value.
CNBC's Phil LeBeau reports on the payouts coming from Volkswagen to consumers starting in October, after the diesel emission cheating scandal.
CNBC's Phil LeBeau reports on Volkswagen's consumer relief settlement.
Some of the names on the move ahead of the open.
Dow Chemical, Xerox and Volkswagen are making headlines this morning before the opening bell.
Volkswagen will pay up to settle its emissions-cheating scandal, reports CNBC's Phil LeBeau.
Volkswagen will pay $10.2 billion to settle emissions claims, according to AP.
European equities closed higher on Wednesday, as investors prepared for the following day when the U.K. votes in its referendum on the EU.
Volkswagen has not violated disclosure rules, management board member Christine Hohmann-Dennhardt told shareholders.
European stocks were mostly higher following polls that allayed fears of a Brexit, however, a decline in oil prices added pressure to sentiment.
Boston Retirement Systems claims false and misleading statements and omissions caused bonds to trade at 'artificially inflated rates.'
Boston Retirement System, the public pension fund for Boston municipal employees, filed the first bondholders proposed class action against Volkswagen.
European stocks surged by Monday's close, as declining fears of a Brexit vote buoyed global market sentiment, sterling and oil prices.
Markets have been complacent about the possibility of a British exit from the European Union, but last week things began to change.
Toyota, Fiat Chrysler, VW and Mitsubishi are selling vehicles with air bags that will need to be recalled, according to a report by a U.S. lawmaker.
Tesla stock popped after an in-line earnings report but this stock's run is over. There is no path to profitability, says Michael Pento.