horn: yes. >> do you know how they actually work at this point? mr. horn: personally, no. i'm not an engineer. >> does someone at ew no? i believe this is also within the investigations. >> can you give us the information when you find out? mr. horn: we will. you mentioned the west virginia university study conducted in may of 2014, that found the real -- there were not admissions that were exceeding epa standards by as much as 35 times. following publication, vw represented to the california resources board and the epa that they were due to technical issues and unexpected conditions. correct? mr. horn: i'm sorry, you cough -- the time and i can hear >> i will ask again. after that study by west virginia university, isn't it true that vw told the epa and california board that the increased emissions were due to technical issues and unexpected in use conditions? mr. horn: yes. representations at the time were in fact, incorrect and false? mr. horn: yes. >> to your knowledge, did anybody at the vo

horn: yes. >> do you know how they actually work at this point? mr. horn: personally, no. i'm not an engineer. >> does someone at ew no? i believe this is also within the investigations. >> can you give us the information when you find out? mr. horn: we will. you mentioned the west virginia university study conducted in may of 2014, that found the real -- there were not admissions that were exceeding epa standards by as much as 35 times. following publication, vw represented to the california resources board and the epa that they were due to technical issues and unexpected conditions. correct? mr. horn: i'm sorry, you cough -- the time and i can hear >> i will ask again. after that study by west virginia university, isn't it true that vw told the epa and california board that the increased emissions were due to technical issues and unexpected in use conditions? mr. horn: yes. representations at the time were in fact, incorrect and false? mr. horn: yes. >> to your knowledge, did anybody at the vo

horn: we will. you mentioned the west virginia university study conducted in may of 2014, that found the real -- there were not admissions that were exceeding epa standards by as much as 35 times. following publication, vw represented to the california resources board and the -- the time and i can hear >> i will ask again. after that study by west virginia university, isn't it true that vw told the epa and california board that the increased emissions were due to technical issues and unexpected in use conditions? mr. horn: yes. representations at the time were in fact, incorrect and false? mr. horn: yes. >> to your knowledge, did anybody at the volkswagen group of america know that those discrepancies were due to the defeat devices when they made those representations to the regulators? mr. horn: to my knowledge, no. >> no one in the u.s.? mr. horn: no. >> ok. in december 2014, bw proposed a recall of 500,000 vehicles to resolve the technical issues. is that correct? mr. horn: yes. >> and a number o

horn, i don't buy it. the american people, the epa, and their counterparts around the world have been defrauded by volkswagen. the company's word isn't worth a dime. the only thing i want to hear today is exactly how will volkswagen make this right by consumers. saying it will take time to design and implement a fix is insufficient and i think unacceptable. people shouldn't have to wait to get the fuel economy, the low emissions, and performance that they already paid for. if they wanted every volkswagen clean diesel vehicle owner should be able to get their money back. all of it. the american people deserve answers. yes, there are a lot of questions. but there are also thousands of owners of clean diesel volkswagens out there. and what they're wanting to know is what are you going to do for them and when. and i say now. so i expect those answers to be provided today. and i yield back to the ranking member of the full committee. >> thank you, mr. chairman. unless anyone else on this side would like the tim

horn. do you have any objections to testifying under oath? thank you. the chair then advises you that under the rules of the house and the committee, you are entitled to be advised by counsel. do you desire to be advised by counsel during your testimony today? in that -- then in that case, would you please raise your right hand? stand and raise your right hand. do you swear the testimony you are about to give is the truth, the whole truth and nothing but the truth? thank you. the witness answered yes. you are now under oath and subject to the penalties set forth in title 18, session 1001 of the united states code. you may now give a five-minute summary of the written statement. make sure your microphone is on and pulled close so we can hear you. press the button. is it on? >> okay? thank you very much. members of the committee, thank you for inviting me here today to testify before the committee. my name is michael horn. i'm president and ceo of volkswagen group of america, a subsidiary of

michael horn sat before a committee. the controversy seems to be deepening. abc' s bazi kanani has more from washington. bazi: in the hot seat for his company' s deception -- michael horn: i would like to offer a sincere apology. bazi: he apologizes repeatedly as lawmakers vented their anger over the auto -- over the automaker' s cheating on emissions test on over half a

horn, i don't buy it. the american people, the epa and their counterparts around the world have been defrauded by volkswagen. the company's word isn't worth a dime. the only thing i want to hear today is exactly how will volkswagen make this right by consumers. saying it will take time to design and implement a fix is insufficient, and i think unacceptable. people shouldn't have to wait to get the fuel economy, the lower missions and performance that they already paid for. if they want it, every clean vehicle owner should be able to get their money back, all of it. the american people deserve answers. yes, there are a lot of questions, but already also thousands of owners of clean diesel volkswagens out there, and what they're wanting to know is what are you going to do for them and when. and i say now. so i expect those answers to be provided today, and i yield back to the ranking member of the full committee. >> thank you, mr. chairman. unless anyone else on this side would like the time, i'm going to yi

michael horn, the ceo of volkswagen. >> mr.ion to this question and answer session. >> you can see that volkswagen is trying to engage in invasion in order to protect higher-level executives. if they didn't know, they shupt have been on the job. this invofls 11 million vehicles worldwide. they are trying to say they didn't know at the top. what the testimony reminds me of is that this problem had its source not only in john dingell making sure there was not in the quality act. he was the congressman from michigan now retired but there is a flaw in the law where the testing for vehicles, for fuel efficiency and air plaguollutio done by private laps, not the epa, private labs in germany and the united states. these should be done by public lab bra torres held accountable to the public under the rule of law. >> we did just hear the head of vpusa admit that the defeat devices were put in deliberately, because the cars did not meet tougher diesel emission standards. surely, you are able under present law to get criminal prosecutions

horn. i suspect i should be feeling a sense of schadenfreude here today because ford escapes the lincoln and cases are made in my district, and presumably we'll be selling more of those why you're out of the market place but i'm not taking any joy in any of us. i just had a couple of quick questions. the article i read said there were about 11 million vehicles worldwide affected by this. they contain the defeat device. i guess there is no added cost to put it in since it's just a line of computer code, would that be right? >> seems very logic, yes. >> so my question is, how many countries have these 11 million vehicles were sold in have emissions standards that would have been defeated by this device? if the united states, talking half million cars probably out of 11 million, what are germany's emissions standards, for instance? are the stricter than the united states? >> i mean, there's many countries affected of all the countries injured or affected. emission standards are different to th

. >>> during a congressional hearing michael horn expressed remorse over the automaker's skirting oftandards. as eamon javers reports, lawmakers were looking for more. >> the whole truth and nothing but the truth. >> reporter: it was a brutal day on capitol hill for michael horn, the ceo of volkswagen group of america as he testified before a congressional panel determined to learn just how his company cheated on emissions testing. >> we are determined to make things right. this includes accepting the consequences of our acts, providing a remedy and beginning to restore the trust of our customers, dealerships, employees, regulators, and the american public. >> reporter: but horn could not answer many questions and appeared flustered at times saying he couldn't understand questions or was distracted by photographers taking his picture. members of congress did not seem willing to cut him any slack. >> vw has betrayed a nation. a nation of regulators, loyalists, suppliers, and innocent customers. it's time to clean it up or get off the road. >> reporter: legislate ords did not get clear

how was michael horn's performance?> first of all, hardly anybody believes over here that was only a handful of engineers who knew about it. then we got a taste -- or volkswagen got a taste of how expensive this candle can become here in the united states. one representative said that a slap on the wrist will definitely be not enough. another one saying that we are talking $68 billion. that would be a realistic ballpark figure. it is still far too early to talk numbers at this point. it was not to be expected that with this hearing we would get new results or any solutions, but we got a taste that it will be a long process and pricey for volkswagen. >> there were other developments as well, more clouds seem to be gathering over vw in the u.s.. west virginia has said that it wants to sue vw. tell us more about that. >> there is pressure coming from different sides. west virginia is one of the first estate to sue volkswagen. it is likely if not almost guaranteed that other states will follow. there is talk about a penalty

michael horne offered his sincere apology. >> let me be clear. we take full responsibility for our actions and we're working with all authorities in a corporate way. >> investigations are underway to determine who knew what or when. but horne refused to blame the top brass for the deception. >> to my understanding, this was not a corporate decision. >> vw reps were incredulous. >> we rent that. >> half a million vehicles in the u.s. are affected and 11 million worldwide. volkswagen is working out a fix, and some lawmakers offered for the company for a buyback program >> the company's where'd is not worth a dime. the only thing that i want to hear today is exactly how will volkswagen make this right by consumers? >> vw has almost a cult following, and it was evident from emails shared by a vermont legislature. >> vw is the lance armstrong of the industry. these questions go on and on. how do you sleep at night and how do you call yourself a member of the human race when you knowingly poisoned the planet? >> horn says that he feels deceived by a co

lisa that admission from horn, is it a surprise?reporter: well, you have to look at what he said, actually, randall. he said we knew a year ago, and that's because of the testing that uncovered this discrepancy. but what he went on to say was i didn't know at that time that there was a defeat device on the vehicle. so he said yeah, we found out then, started investigating, but i didn't know there was really a problem until september of this year, but as you can expect, michael horn, apologized to the committee. let's listen. >> i would like to offer a sincere apology, sincere apology for volkswagen's use of software program that served to defeat the regular emissions testing regime. and let me be very clear we had volkswagen take full responsibility for our actions, and we are working with all authorities in a cooperative way. >> reporter: two points today, for consumers he said it is going to be at least a year or more before all of the cars, half a million, are fixed. and he insisted that he doesn't think this decision to put this

reporter: the horns are now living in a borrowed rv.ey've lost all their possessions. >> even if the insurance rebuilds the house, there are memories and souvenirs, that can't be replaced. that's what hurts the most. reporter: the floodwaters are gone, but in biot they'll be cleaning up for a while to come. jamesey, the horns' young son, says he wants to leave for good. anchor: the scandinavian prison system has a reputation for being rather liberal and certainly jails there are more comfortable than most jails in the u.s. but it seems that in norway prisons are also getting crowded. so some norwegian prisoners are now off abroad. but it's certainly not a holiday, as our reporter has been finding out. reporter: these are jon's last days in jail on the outskirts of oslo. but jon, as he calls himself, isn't being released. he's volunteered to be moved to another prison in the netherlands, more than 1,000 kilometers away. he says he's not a violent criminal, but he'll spend more than a year in jail. and as a repeat offender, he's unlikely

horn is co-chairman of the gambling casino restricted license study committee. the group met yesterday to hear testimony on casino r renues and the iowa racing and g ging commission. horn sayaythat he wanted to collaborate on addressing workplace safety issues over smoking. the leading republican presdential candidate will return to sioux city for an event, next week. donald trump will speak at west high school, at 6:00pm, on tuesday, october 27th. doors open at 4:00pm for the event. it's trump's first trip to sioux city since may 16th, whicicwas before he had dededed to enter the race. during that speech, on the morningside college campus, trump railed against illegal immigration calling the united states a "dumping ground". still to come... see how one iowa school tried to break a world record... by we need to disrupt the old order in washington, dc. we can do a lot better by applying conservative principles we should lower rates and simplify the code to allow people to freely decide howhey want to spend their money. what we need is leadership to fix a few big

michael horn did not know about the problem until a few weeks ago, but in prepared testimony, horn admits he was actually told about it more than a year ago. "in the spring of 2014, i was told that there was a possible emissions non-compliance that could be remedied. later in 2014, i was informed that the technical teams had a specific plan for remedies to bring the vehicles into compliance and that they were engaged with the agencies about the process, but it wasn't until last month that v.w. admitted to federal regulators that the cars had that defeat device that let them cheat on emission tests. in his testimony, horn says volkswagen of america has withdrawn its application for e.p.a. certification for new model cars with diesel engines until they comply with emissions standards. that means vehicles already sent to the u.s. cannot be sold. volkswagen said it will begin recalls in january, but thus far, it does not have a fix. technical teams are working to come up with a remedy. the company has set aside more than $7 billion to pay for those rare costs. >> thanks, john henry. >> the sy

michael horn sat before a committee. the controversy seems to be deepening. abc' s bazi kanani has more from washington. bazi: in the hot seat for his company' s deception -- michael horn: i would like to offer a sincere apology. bazi: he apologizes repeatedly as lawmakers vented their anger over the auto -- over the automaker' s cheating on emissions test on over half a million vehicles inserting software that would only turn on emission controls when the vehicle was being tested, allowing cars to pollute the rest of the time up to 40% more than allowed by u.s. dinners. rep. upton: vw has betrayed a nation. michael: i do not think something like this was possible at the volkswagen group. bazi: michael horn said he was as disappointed as the millions of vw owners around the world, who are now seeing their car values drop. it will be a costly mistake for volkswagen, facing lawsuits and lost his is on top of recalls, and today a raid on the company' s headquarters in germany as prosecutors seek documents for their own investigation. rep. schakowsky: the america

chief michael horn blames individuals for the emissions cheat and this as euro group president tells cnbc the fine should fit the crime. >> there is a strong case to make for international coordination here so let's talk between europe and the u.s. on what reasonable and effective fines will be and let's not go over the top here. >> and standard chartered is set to cut people as a part of its cost savings measure and memo obtained by reuters. >> we are on a role when it comes to wall street. looks like we are on a five day winning streak when it comes to the dow jones industrials. the s&p closed up at 7 and the nasdaq is heading for the best week. the s&p 500 looks like we are lower just by two points or so. the dow jones industrials should be down by 16 and the nasdaq is being called lower by 7.5 points. now let's check in on some other markets as well. but we have break news coming through. >> indeed. we're sitting tight and waiting just to hear the contender for the noble peace prize. we're just getting that through on the wires right now. the national dialogue quartet winning the

and michael horn did not believe it was a top corporate brass. you can imagine there was incredulity from the lawmakers. also, i should say it's clear volkswagen doesn't have a fix in placement. it's trying to figure out what they'll do. for most. it will mean more than a software change. >> horne, from vw was not the only person questioned. there was questioning of e.p.a. officials, and we are torn as to what to think about the e.p.a. they didn't do their job, they are also under-resourced. what do you get out of that? >> they are under-resourced. they admitted they did not find the defect, others found it. they tried to figure out what was going on. they were trying to prevent other car companies doing this in the future, and the bottom line is this will be unpredictable. they can fine vw up to 18 billion, and made it clear that they'd be looking at harsh penalties, and trying to figure out how the automaker can make up for having polluted the environment. >> yes, and at some point congress has to take a hard look and say we don't allocate the

you van horn because there are two toms.a can dit camera thing. did you actually -- i know it is not fake, but when you watched it the first time you thought this may not be real dism? >> the whole time i was watching it i felt leak i was watching a candid camera episode and i was waiting. the first one the dad jumped out and you take it to an extreme. >> it is a good way to get kids to understand, right? >> it is a great way to get kids to uppedz what is happening. i couldn't help laughing. >> america's top fears. joanne, you mentioned bedbugs weren't on the list which is correct. help tiles are high though, 33%. it was top 20. >> those are fun though. you are in school and the reptile guy comes and you pet a lizard. >> it is probably not so much the little lizards people are scared of. >> what else are reptiless? >> crocodiles, alligators,. >> i hate to call you out on this, but i felt you were being air was stick when you told the world to get with the program and be more afraid of climate change. >> good job. >> you will

michael horn offered apologies. >> let me be clear, volkswagen takes full accountability for reaction. vexes are under -- investigations are under way. >> vw is trying to get the united states to believe it's a couple of rogue engineers. i categorically reject that. either the entire organization is incompetent in trying to come up with product, or they are complicit. . >> the only thing i want to hear is how will volkswagen make this right by consumers. >> vw has almost a cult following, and the anger was evident from emails shared which a vw regulator. the question is going on and on. how do you call yourself a member of the human race when you knowingly poisoned the planet. horne admitted that he also feels deceived. >> the company has to bloody learn and use the opportunity in order to get their act together. after the grilling horne pledged to make it right. >> we want to fix the issues, remedy the customers and make sure it doesn't happen again. >> doing that could take years and cost billions. >>> one of the american service members that stopped an attack was stabbed. police sa

[horns honking [. >> reporter: the blaring of car horns is part of the symphony that is part of new york city, but people on the manhattan side of the ed koch queens borough bridge says the noise level from the traffic is unbearable. >> we are just getting more things added to our area. >> they are beeping even during the interview. >> yes, it goes on like this all the time. >> reporter: niamoe pearl says it's not just the horns, the residents are cursing at drivers from their bedroom windows, and this is a picture of the gridlock. goggle maps shows friday rush hour traffic at a standstill. >> reporter: 175,000 vehicles travel across the ed koch queens borough bridge every day, and according to the city, that makes it the most utilized of the east river bridges. long-time resident barry schneider blames uber for contributing to the congestion and traffic cops for not properly managing the flow of traffic. he believes that a toll on the bridge would help. >> if we had a toll on the queens borough bridge, one- third of those vehicles would no longer come into midtown manhattan. >> reporter

after his grilling, horn again pledged to make things right. >> we want to fix these issues.e want to remedy our customers, and we want to really make sure that this is never going to happen again. >> reporter: doing that could take years, and cost the company billions. lisa stark, al jazeera, washington. >>> auto union leaders prepare to vote on a new contract with fiat chrysler, but the rank and file may not go along, a look at what the 40,000 numbers really want. >>> apple pay is expanding its service to starbucks, kfc, and chile's bar and grill. apple pay launched a year ago, and accounts for just 1% of retail transactions in the united states. >>> leaders of the united auto workers are voting today on a new contract deal with fiat chrysler. details include a pay raise for younger workers. all current entry level workers will be paid traditional wages within eight years. in that was a key demand and long-term employees will get their first pay raises in nine years. david ariosto has more on the issues facing the auto industry. >> reporter: this was once the picture of ame

michael horn offered his quote, sincere apology. >> we at volkswagen take full responsibility for ourns, and we are working with all of the relevant authorities in a cooperative way. >> reporter: investigations are underway to determine who knew what when. but horn refused to blame the top brass. >> to my understanding this was something individuals did. >> reporter: lawmakers were incredulous. >> vw is trying to get the united states of america to believe these are a couple of rogue engineers? i categorically reject that. >> reporter: nearly half a million vehicles in the u.s. us are affected 11 million worldwide. volkswagen is still working out a fix. some lawmakers called on the company to offer a buyback program. >> the company's word isn't worth a dime. the only thing i want to hear today is exactly how will volkswagen make this right by consumers. >> reporter: vw has almost a cult following, and the anger was evident from emailed shared. >> vw is the lance armstrong of the industry. how do you sleep at night? how do you call yourself a member of the human race? >> reporter: horn

horn. i suspect i should be feeling a sense of -- being here today because ford escapes and lincoln mk caesar made in my district. you are out of the marketplace but i'm not taking any joy in any of this. i just have a couple of quick questions. the article a i read said there were 11 million vehicles worldwide affected by this? they contain the defeat device. i guess there's no added cost to put it in. there's just a lot of computer code read without the right? >> it seems very logical. >> my question is how many countries that these 11 million vehicles were sold and have a mission standard that would have been defeated by this device? >> if the united states we are talking about half a million cars roughly out of 11 million, what's are germany's emission standards for instance? are they stricter than the united states? >> there are many countries affected. countries in europe are affected. there are different than the u.s.. you have currently five and there are two differences. first of a

. >> is a picture right here wings and horns on his head? >> 98% rent increase by a wall into landlord affecting 360 apartments. is approved the ted is would have to pay your the double the current rent. >> 744 it will be 1400 for a one-bedroom apartment which i cannot afford to. >> check out this video. in its you see the tenet is asking for help. >> cry of asking people to help me. >> 26 with the mayor about what happened at the meeting he said last monday at a working meeting about 60 residents came asking for help. >> last monday we had a work session and about 60 residents took part and came forward. >> to give new idea that a privately owned housing complex in the '70s parted the agreement of the mortgage from the state that it provide housing for low-income tenant. >> if you are above the poverty abubble but in between and they don't have the resources to pay market rent. they are caught between a rock and a hard place. >> but many have become in disrepair that is why the landlord is asking for the massive increase. >> did they have a

they want you to keep your hands on the wheel, your eyes on the road, and your mind on driving. [ horn honks ] >> it's an export no one wants -- debris from a disaster. find out what you can do about >> it was a tragedy an ocean away, but it's reaching our shores. scott reports on how an earthquake in asia continues to make waves. >> in march of 2011, catastrophe struck japan -- an earthquake triggered a tsunami. the giant wave of water washed away houses, cars, and even entire towns. millions of tons of debris were swept out to sea. a lot of it sank, but the rest started floating across the pacific, carried by currents and wind. >> these types of debris items that float -- are starting to show up on our coastline on the west coast. >> asma is with noaa -- the national oceanic and atmospheric administration. >> it's a scientific agency that works on everything from weather to coastal and resource management to fisheries, really taking a look at how we have an impact on the oceans and what we can do to restore them. >> noaa has been tracking debris from japan that's been reaching our sh

chief michael horn blames individuals for that emissions cheat. this as they say the fine should fit the kicrime. >> there's talk between europe and the u.s. on what reasonable and effective fines will be. let's not go over the top here. >> shares in glencore jump after they will battle zinc production. the move lifts stocks across europe. >> hi, everybody. good friday morning. glad you're with us to wrap up the week together. our european equities this morning flat to a little bit higher. the shocks europe 600 higher by .5% now. our main european equity markets this morning, this is what we're looking at. ftse up by 0.3%. ftse mib by .5% as well. quite a bit of green. our memories escape us. let's see what type of week it's been so far. since monday's trade we've seen a rally there. the ftse 100 on the week higher. the dax up by .5% and the cac up by 5.5% and ibex up by 6.5%. we saw a big sell off taking place with vw in the fray the week before. you had worries about what the central banks are going to do next. but by and large though we just ne

members of the subcommittee fired at michael horn. i could not count the number of times the word cheat and deceit were used. there were too many. one member said the word volkswagen wasn't worth a dime. >> do you swear the testimony you're about to give is the truth, the whole truth and nothing, but the truth? >> as soon as horn was sworn in he immediately began apologizing. he says he did not know about the deceptive software meant to trick emissions testers. that is, until the west virginia university exposed it. horn says a couple of software developers in germany are responsible for the cheat. in the u.s. there are close to half a million affected vw tdi vehicles ranging from 2009 to 2015 models. horn said the vehicles will likely be repaired and not bought back and that process could take five to ten hours per vehicle which could mean a couple of years before they're fixed. while vw maintains the vehicles are safe to drive, horn said people will be held accountable. >> on behalf of our company and my colleagues in germany and me

michael horn will make most of the appearances.n the german side, a lot of this was run out of germany. could not haves been aware of how devious the software actually was. that could be the line today. jonathan: a rather cynical line. this is a rather convenient distraction. all of the focus is on u.s. and not germany. anyone who wants to get the knife out for germany, they have got a lot of fuel to do it. hans: a lot of fuel, very sharp isfe and a target that has, bleeding from a lot of different places. we talked about for six month how germany's engine of growth in europe, the last three bits days ofmic data, four negative data, tell us the german economy may not whether these headwinds. not only did you have greece and china now but we have this tolkswagen at the core of wha germany is about, and export driven economy that relies on its brands for competency. tom: hans nichols. thank you so much. we continue with jon ferro in london. later this morning, on bloomberg television, an important timely conversation with former morg

as you can imagine, tony, michael horne apologized to lawmakers. take a listen. >> i would like to offer a sincere apology for volkswagen's use of a software program that served to defeat the regular emissions testing regime. let me be very clear. we at volkswagen take full responsibility for actions and working with all the relevant authorities in a cooperative way. >> reporter: now, mr. horne also today the lawmakers he believes this deception, this decision to put in software to cheat on emissions standards was made not at the highest corporate levels but at some engineering level. tony, lawmakers just did not buy that. investigations do continue to try to find out precisely who did know what and when. >> yeah. i heard a bit of that testimony. you're right. congressman is pretty hot on that point. what is the fallout from this admission, and i guess the real question is, what can congress do about it? >> reporter: what congress is doing is really holding volkswagen's feet to the fire. they want the company to do right by its customers. they want

michael horn. in addition, the subcommittee intends to pursue answers to initial questions concerning the relations of volkswagen. what happened? who was involved? and most important, why? mr. born is appearing before us -- mr. horn is appearing before us voluntarily. this means providing documents to the committee as quickly as possible, including documents that have already been discussed publicly in connection with volkswagen's there is board meetings in germany. as i said before, a number of core questions we pursue today. most critically, what happened, who was involved, why were these actions taken? and we have a number of questions concerning the impact on customers, dealerships, and the public. can expandg mr. horn upon the facts he represents in his testimony. we look to him to explain the current understanding as to what was done to the engines. was it done to deliberately deceive government regulations and regulators? and what is false wagon doing to wagone problem -- folks doing to fix

ceo michael horn told a house committee he learned of his company's deception in september.ction agency revealed some of volkswagen's diesel cars used software designed to cheat on emissions tests. >> the investigations are ongoing, but this was not a corporate decision from my point of view. this was a couple of software engineers who put this in for whatever reasons. >> reporter: horn testified three engineers have been suspended. new york congressman chris collins wasn't buying it. >> v.w. is trying to get the united states of america to believe these are a couple rogue engineers, i categorically reject that. >> reporter: horn acknowledged it may cost the company billions of dollars and may take years before the half million affected vehicles in the u.s. are fixed. some repairs could begin early next year. morgan griffith of virginia drives an affected 2012, diesel passat. >> volkswagen need to stand up and say, we understand, we will buy your car back. >> reporter: epa officials were criticized for missing the defeat device discovered by researchers in west virginia. >>

horn again pledged to make things right. >> we want to fix these issues. we want to remedy our customers. we want to really make sure that this is never going to happen again. >> doing that could take years. and cost the company billions. also testifying two officials from the environmental protection agency, who when pushed said it was very likely that vw will face significant fines and will have to mitigate the extra pollution the extra emissions caused by these diesel vehicles. >> thank you. the city of north charleston, south carolina, has reached a settlement in the case of a walter scott. an unarmed black man who was shot to death by a police officer. scott's family will receive $6.5 million. he was killed by officer michael slayinger in april. running away from a traffic spot. the incident was caught on video by a bystander. the settle was unanimously approved by the council. >>> a new gun law will make it more difficult to buy guns online. it will call for tougher penalties for illegal sales. they said that the killings at umpqua community college

candidates are are locking horns and did lock horns on the first debate of the campaign season. looking for 24/7 digestive support? try align for a non-stop, sweet-treat-goodness hold-onto-your-tiara, kind-of-day. live 24/7 with 24/7 digestive support. try align, the undisputed #1 ge recommended probiotic. >>> earnings per share revenue missing fraforecasts. total net income rising 22% in the three months but this was thanks to a one off tax benefit. jamie dimo said the bank faced a challenging global environment promising to cut another half a billion dollars off of costs. other financials are set to report. that includes boa, bank of america, black rock, wells fargo are out before the bell. goldman will receive their third quarter scorecards tomorrow. jp morgan shares are lower. let's get out to florida where he is standing by. good morning to you. >> look, jp morgan was that a company specific issue or the weakness of capital markets? >> it was both. the company specific issue is the one that interests me the most. in other words, for the last three or four or five years ther

ceo michael horn told a house committee he learned of his company's deception in september. days before the environmental protection agency revealed some of volkswagen's diesel cars used software designed to cheat on emissions tests. >> the investigations are ongoing, but this was not a corporate decision from mypoint of view. this was a couple of software engineers who put this in for whatever reasons. >> reporter: horn testified three engineers have been suspended. new york congressman chris collins wasn't buying it. >> v.w. is trying to get the united states of america to believe these are a couple rogue engineers, i categorically reject that. >> reporter: epa officials were criticized. the epa's christopher grundler defended the agency. >> once we learned of excessive emissions we focused on it. >> i think the american people >> epa officials wonder rule out criminal charges after german police raided volkswagen's corporate headquarters. the car maker announced they would not seek certification for the 2016 diesel models in the u.s. which means they can't be sold here. k

. >> police in san francisco say an argument over a cabbie honking his horn led to assault. a cab driver told police he was honking his horn to get the attention of the people he was picking up. fwloeg police are looking for those attackers. >> more mosquitos in the bay area. the inspects that test positive are in martinez. a cherken there was also found to be carrying the disease. >> a woman lost her job after a vids owe showed her tripping plans to sue facebook. the video shows her sticking her foot out to trip up refugees. she was fired from her job. she later apologized saying she was scared. >> facebook has launched a new initiative with a lack of diversity. this is the video you're looking at provided from the company. it's a viral web site that explains to parents what computer programming is and the computer opportunities available. it also provide information on the year of study required and the starting salary come parson. >> the financial aid came in the form of a big check. it ice a new record for wels. the money goes straight to the american red cross's wild fi

. >> michael horn told congress he was just as shocked as they were and as disappointed as the millions of vw own ares around the world now seeing their car's value drop. it will be a costly mistake for volkswagen facing lost business on top of recalls and a raid on the company's offices in germany as prosecutors seek documents for their own investigation. >> the american people and counterparts around the world have been defrauded by volkswagen. the company's word isn't worth a dime. >> volkswagen has still mot said how or when it will fix the recalled vehicles in the u.s. but promises to take full responsibility. >> we will find remedies for our customers and we will work to ensure that this will never happen again. >> michael horn said management at the company was not aware of the so-called defeat devices installed on the cars and said he believes it was something done independently by a couple of software engineers. bazi kanani, abc news, washington. >> you probably saw him countless times right here on abc. one of the first celebrity chefs, paul prudhomme has passed away. the lege

they have become an endangered species mainly because they are mercilessly hunted down for their horns is big business and that is right is difficult to put a stop to. >> rangers make the patrol over the south african national park. they protect the wildlife, but this time they have arrived too late. >> here is the carcass. it was a big rhino bowl, so the horn would be very big. >> illegal poaching rose by more than 20% last year. the sheer size of kruger national park makes it difficult to catch poachers. this time the rangers got lucky. >> [yelling discernibly -- in discernibly] >> rhinos will be brought to a nearby clinic -- this writer will he brought to a nearby clinic to try to -- this rhino will be brought to a nearby clinic to try to save its life. catching voters is hard. >> i think a lot of -- catching poachers is hard. >> i think a lot of people don't realize the long hours and the sitting in rain and wind and cold and everything we do to protect these animals. >> this veterinarian tends to the rhinos that have been shot and left to die. disinfects the rhino knows. -- the rh

reporter: speaking under oath, volkswagen america ceo michael horn appeared before congress thursday, hoping to restore the brand's image. as expected, he faced some tough questions. >> to the best of your knowledge, did vw install the software for the express purpose of defeating emissions controls? >> to our understanding, and this is also part of the investigation, it was installed to this purpose, yes. reporter: the hearing came after revelations that management at bw had known about the fraud for 18 months prior to the scandal. horn apologized, but said the scheme was that of lone wolves. >> i did not have any reason to suspect or to believe that our vehicles included such a device. reporter: the emissions scandal first broke in the u.s. after it emerged last month of the carmaker had used fraudulent software to bypass emissions tests. the company was hit hard by the revelation. it could be forced to pay up to $8 billion in fines in the u.s. alone. in addition, the german carmaker may have to contend with disgruntled customers who say they have lost trust in the brand. many volks

. >> the rhinos are killed or maimed named for their horns which is used in folk medicine, many horns end up in china. china broke up a smuggling ring seizing a ton of elephant and rhino horns. >> a california mom descroferred -- discovered she and her kids were not the only ones in their new home. the mother was about to do dishes when a 40-pound 8-foot long boa constrictor came out from behind the water heater. >> i started shaking. please god help me. what do i do? >> reporter: the family had only been in the house for two weeks when the snake popped of out. the snake was left behind by the previous tenants. >> if you're thinking of adding a pet to your home for the holidays, there are practical questions to ask yourself. we have a preadoption checklist. >> reporter: they are kick on their feet, but can they handle these guys they are sharing the spotlight from the rescue at a calendar shoot. >> i love a dog, i have five dogs in russia. >> reporter: they hold adoptions events at fairfax virginia helping potential pet owners spend time with pups before they take them home. >> no mat