reporting in valencia, abc7 news. >>> volkswagon reached a settlement with the federal government inthe emissions scandal involving diesel vehicles. 475,000 vehicles are affected. the auto maker agreed to pay $15 billion to settle claims and $2.7 billion to environmental remediation fund. abc7 news reporter wayne freedman has reaction from owners and dealers. >> reporter: he loved the look and logo, now, he feels scorned. >> i believe invokes wagon. >> he still owns the turbo diesel station wagon but is not planning on keeping it. >> it's the largest settlement ever in the context of the clean air act. >> totalling $14.7 billion after an independent investigation revealed the company rigged vehicles to pass emissions tests when on the road, those same cars spewed nitrus oxides at 40 times the hell limit. >> vw cheated on the test. >> the company ceo apologized and resigned. >> volkswagon defrauded and deceived me along with hundreds of thousands of other people in california and around the world. >> vw agreed to take back, fix, 475 suspect cars sold to unwitting owners between 2009 a

reporting in valencia, abc7 news. >>> volkswagon reached a settlement with the federal government inns scandal involving diesel vehicles. 475,000 vehicles are affected. the auto maker agreed to pay $15 billion to settle claims and $2.7 billion to environmental remediation fund. abc7 news reporter wayne freedman has reaction from owners and dealers. >> reporter: he loved the look and logo, now, he feels scorned. >> i believe invokes wagon. >> he still owns the turbo diesel station wagon but is not planning on keeping it. >> it's the largest settlement ever in the context of the clean air act. >> totalling $14.7 billion after an independent investigation revealed the company rigged vehicles to pass emissions tests when on the road, those same cars spewed nitrus oxides at 40 times the hell limit. >> vw cheated on the test. >> the company ceo apologized and resigned. >> volkswagon defrauded and deceived me along with hundreds of thousands of other people in california and around the world. >> vw agreed to take back, fix, 475 suspect cars sold to unwitting owners between 2009 and 2015. th

perfect volkswagon onners after the biggest class action settlement. to pay $15.3 billion. about 10 billion will go to folks that bought a volkswagon or audi thinking they were buying an environmentally friendly car only to find out that their emissions were vastly higher than the law allows. so here is what the company is offering to do. first, buy back your vehicle regardless of the condition, they will take it back and give you the trade-in price before the cheating was made public on september 18th, 2015, those begin in the fall. here is the other option, they will fix your car but you should know the fix itself has yet to be determined and needs government approvals and vw is not even submitting the possible fixes until november, but if you choose to get your car fixed you'll get paid for your troubles, some where between $5,000 to $10,000 depending on the age of your car. experts say waiting to make a choice is better for your bottom line and clearly not the case for the environment. the cars do violate the clean air act and you risk the chance o

in the newsroom with a look ahead at 4:00. >> reporter: you had details on the record breaking volkswagon settlement and we are breaking it down coming up today at 4:00, telling you what you should be doing if you own one of the cars affected by the massive emissions scandal. that is in what's the deal? >> and a babysitter fired after the cell phone video of the child she was watching went viral. now she is telling her side of the story in an attempt to clear her name, you can take us with you on the go, if you have not dune downloaded the 6 abc app you can watch us live. if you have medicare parts a and b and want more coverage, guess what? you could apply for a medicare supplement insurance plan whenever you want. no enrollment window. no waiting to apply. that means now may be a great time to shop for an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. medicare doesn't cover everything. and like all standardized medicare supplement insurance plans, these help cover some of what medicare doesn't pay. so don't wait. call now to request your free dec

a massive $15 billion settlement involving widespread polluting and a major buyback for volkswagon. abortion and gun control. major rulings by the supreme court after a major ruling. plus, ikea recalls dressers that can tip over on children. the best and worst places for you to retire. and his life. much more than he bargained for. "early today" starts right now. >> thank you for waking up with us today. i'm betty nguyen. >>> hillary clinton and elizabeth warren already looking like a united ticket. clinton was attacking donald trump. >> donald trump cheered on britain's current crisis, which has sucked billions of dollars out of your retirement accounts because he said hey, it might bring more rich people to his new golf course. what kind of a man roots for people to lose their jobs, to lose their homes, to lose their life savings? i'll tell you what kind of a man. a small insecure money grubber who fights for no one but himself. >> as far clinton, well, she seemed to enjoy warren's attack. >> i do just love to see how s gets under donald trump's thin skin. >> she exposes him for w

world news with david muir will have more on the passing of pat summit and the volkswagon summit and more on istanbul turkey tonight after "action news" at 6:00. >>> now matt pellman with a check of the traffic. >> plenty of jam in both directions on the schuylkill, here at the vine street expressway, if you head to the fish concert at the mann music center, it's busy toward that. and head for german town pike instead of ridge pike because of an overturned vehicle in plymouth meeting and now head for ridge at german town by the dunkin' donuts and on 363, at amy drive in lower providence, a downed tree and wires along compass road and stay on 10 as you travel through that area. and a wreck at 130 near delsy drive and pemberton a crash at deep hollow road causing restrictions. and a delay on paoli thorndale, giving us big delays and a medical emergency on septa's route 13 trolley, that was delayed heading westbound and is back to normal now. the 13 and 15 trolleys are early busing because of ongoing construction. if you ride the dart bus you are on a new schedule and if your bus doesn'

. >>> how much of the emission scandal will cost volkswagon. for business news, we turn to landon dowdy live at cnbc. good morning. >> good morning to you both. the market also try to crawl back some of the losses created by the brexit blues the past two days, u.s. futures are hire. europe and asia are in the green. this after stocks were slammed again on monday after uncertainty of the eu. dow falling 871 points in the past two sessions, the worst two day drop since last august. global markets have lost $3 trillion since friday, the worst lost ever. meanwhile, volkswagon is expected to file an agreement settling claims over itsdy si d, they're going to bay $2 billion on clean emissions technology. >>> amazon is giving teachers a leg up, called amazon inspired to provide educators to upload, categorize and share resources, but also let's them peer review. the program is available to teachers nationwide. back over to you. >> thank you, landon. >>> chipotle hoping to lure back customers after its food made dozens of people sick last year. the cha

volkswagon with a $10 billion settlement. that means all of the diesel cars.to buy it back from you or be eligible for $5,100. some will be eligible for 10,000 dollars. this is from the vehicle emissions scandal 500,000 volkswagon offers expected. >>> costco, they are adding a problem with the new visa rollout. i don't like this. >> you are not alone. if costco customers are furious. a lot of fan fair we did is it here they replaced all of american he cans press to the costco visa. they say they have missing cards, double billing. they did long wait times to get their cards. this is a costco card itself. but customers saying they are not happy and honestly they have a good point. you go to costco you want your card. >> mcdonald testing ultra hot fridays. they are trying 100 san diego locations the signature sirvachi. they have the sauce on it. they are trying that out to see how it sell. they are trying the jalapeno double. whether it is the jalapeno double or signature sriracha if you want heat meet go to mcdonalds in san diego. >> it comes with a warning, th

. >> german prosecutors have launched an investigation into the former ceo of volkswagon.s accused of manipulating share prices by delaying the announcement of the share scandal. they launched the probe in another former board member at the request of germany's financial watchdog. it requires businesses to promptly release information and expect to the have a big impact on share prices. the scandal involved illegal software installed on diesel vehicles designed to e limit pollution. prosecutors have been investigating volkswagon for alleged fraud and say they have enough evidence to prove the two executives knew about the software before the scandal was revealed in september of last year. >>> young japanese workers are showing less loyalty to the companies than previous generations. about one in three university graduates leave their first job within three years of being hired. the ratio is 1-2 for recent high school grads. managers are taking note and taking steps to keep young employees on staff. >> this paper product maker has about 130 employers. five years ago it hire

sal >> if you own a volkswagon that's caught up you could be in for a major payday. tonight. ton. >> 401k taking another hit. worries about what it all means to the global economy. meanwhile you you might want tot get an early start new report r saying nearly 43 million peoplep are going to be traveling for f that's a record high. hig one big reason of course, it's i cheaper to fill up the tank. tom pump prices down nine days i in a row now at the lowest level in more than a decade for this time of the year. and pepsi creating a new cole la with an old classic, diet pepsi classic sweet never blend going to taken artificial sweetener. the company decided to bring itb back after fans of the originali drink campaigned about theca change inch flavor. looking for a place toch retire you may want to look at arlington, virginia, new study naming that the top city for retirement walk ability access to health care some of the bigmo reasons why. that's wishes i'm david as ton what if we made a paint that was so special that was such a jewel among paints that you had to seek it

. >>> volkswagon customers may be eligible for up to $10,000 as part of a settlement tied to the hugeiesel scandal. a source tells ap volkswagon has agreed to a settlement with the federal government that will include pibuying pack some pulb luted vehicles. >>> a major recall from ikea. 27 million dressers and chests are being taken off of store shelves after three children died. ikea announced that it stopped selling the malm series products. the problem is traced that a child can climb up to the dresser and if it is not anchored to the wall, the entire dresser can fall over. ikea is offering free repair kits to anchor it down, and also offering refunds. >>> the european union may be ready to say goodbye to the english language as its official language. >> senior eu officials, brexit is making the members re-think the idea of english as the working tongue. no set plan on which lang wij, but freng was -- >> a new english term that doesn't start with the letters b and r, the climb down. >> brexit has created all kinds of new words, scott mcgrew, regret and climb down. >> climb down, it

find out what it means for you if you own a volkswagon. >> and you will just hear the terror in actress mcgillis' voice as she called for help all while being attacked, in her own home. , prodders, shuckersers, and sniffers, [ inhales ] all giant produce is triple checked. farm, crate, and store. we're focusing on fresh... ...so you don't have to guess. my giant. built a sandcastle?id? ha, no, i switched to geico and got more. more? 24/7 access online, on the phone or with the geico app. that is more. go get some mud... all that "more" has to be why they're the second-largest auto insurer. everybody likes more. mhm, i think so. geico. expect great savings and a whole lot more. >> sad news to report, legendary college basketball coach pat summit has passed away, we told but yesterday her reports of her declining health. summit was diagnosed when early onset dementia in 2011. she is the winningest coach in division one college basketball history. pat summit died peacefully in her sleep this morning, she was just 64 years old. >>> welcome back, actress kelly mcgillis said a stranger attack

ford bmw and volkswagon are included in the expansion. they are calling to replace takata airbag inflaters that could explode in a crash. >>> many senior citizens are worried their lives will no longer have purpose. but today tamala edwards talks about a doctor using his skills to give back in his golden years. >> dr.olf is a dr. i saw a lot of poverty up close and a lot of disease that we don't typically see in the united states. i came to a realization that i could do something overseas that would be more long lasting. >> pen medicine helped dr. roth create a fund and build out his practice with other doctors in haiti, costa rica and guatemala. >> we deliver care to people that would not normally get that kind of care. we treat everybody and everything that comes in. >> and through the program dr. roth says he has gotten back as much as he has given. >> i feel like it renewed the energy i have for working each day. >> he believes everyone should find a way to use their talents to relieve the suffering of others. >> to invest themselves

. >>> a major settlement tonight in the emissions scandal involving volkswagon, a source says the companyas agreed to pay $10.2 billion to settle claims that it cheated on tests. owners would get between 1 and $7,000 depending on their car's age. >>> rock legend led zeppelin has won a lawsuit, it alleged a zeppelin lifted "stairway's" intro from another song called "torrance" by the band spirit. they heard from witnesses that included zeppelin members jimmy paige and robert plante. >>> the marine corps now acknowledges for decades, it has wrongly identified one of the men in this iconic world war ii photo, an investigation into the picture of the flag raising eight iwo jima found the men believed to be navy coreman john bradley is actually marine private first class harold schultz, but schultz didn't live to see the correction. he died in 1995. >>> when we come back, humans touching so many. a father's moving show of solidarity for his young son. the evidence this wasn't his only break-in in a community facing a recent crime wave. =peggy/take vo= plus, drama over a movie transfer business

last year, volkswagon admitted legally installed software in 11 million vehicles to cheat on emissions tests. the company still faces billions in fines, as well as other possible criminal charges. >>> well, coming up: caitlin jenner marks a milestone with another appearance on another magazine cover. we'll show it to you next. >> plus, another alligator on another beach. find out where warnings are in effect for swimmers to be careful, katy? >> and brooke, we are once again tracking thunderstorms here in the delaware valley. but there is a nice trade off that come our way from mid to late week. and we have got your holiday forecast coming up. a lot of outdoor plans tone joy, we'll let you know if the alright guys, we've brought you to this construction trailer to talk about trucks today. which truck brand offers engines with best in class v8 towing or fuel economy? are we moving? where we going? it's the answer to the question baby! silverado. oooh that's cool. it's truck month. qualified buyers get 0% financing for 60 months. plus, find your tag and get $8,250 total value on this silv

. >>> a major settlement tonight in the emission scandal engulfing volkswagon.ion. owners would reportedly get between 1 and $7,000 depending on their car's age. >>> rock legend led zeppelin has won a lawsuit that accuses them of stealing the hit "stair way to heaven." they claim they lifted it from another song by the band spirit. a federal jury found otherwise after hearing from witnesses that included led seven lean members. >>> the marine corps acknowledges for decades it's wrongly identified one of the men in this iconic world war ii photo. an investigation into the picture of the 1945 flag raising found that the man believed to be navy core man john bradley is marine private first class herold schultz but schultz doesn't live to see the correction. he died in 1995. >>> when we come back, the image touching so many. a father's hey, honey? yes, dear? you're washing that baked-on alfredo by hand,right? yes, dear. dish issues? cascade platinum... powers... through... your toughest stuck-on food. so let your dishwasher be the dishwasher. this turned out great.

. >>> a massive $15 billion settlement involving widespread polluting and a major buyback for volkswagon. >>> abortion and gun control. major rulings by the supreme court that had the nation talking. plus after three deaths, ikea recalls 29 million chests and dressers that can tip over onto children. >>> the best and worst places for you to retire. >>> and jay leno gets the ride of his life and much more than he bargained for. "first look" starts right now. good morning to you and thanks for joining us today. i'm betty nguyen. >>> presumptive democratic nominee hillary clinton and elizabeth warren were already looking like a unified presidential ticket. clinton was laying out her strategy for the future and warren was doing what she does better almost than anyone else and that is attacking donald trump. >> donald trump cheered on britain's current crisis, which has sucked billions of dollars out of your retirement accounts because he said hey, it might bring more rich people to his new golf course. what kind of a man roots for people to lose their jobs, to lose their homes, to lose their

volkswagon owners are getting a settlement.you can put your vin number in on the website to see if your car qualifies. you can check out that website and that is where you will find it. >> speaking of recalls, two more vehicle recalls you need to know about including toyota and lexus. the first includes nearly 2.5 million vehicles that have defective air bags that can partially inflate. vehicles under the recall include prius hybrid, plugging. the second recall involved more than 2.5 million vehicles. they have faulty fuel emission controls that can lead to fuel leaks. that recall affects various prius models, and they were produced between april 2006 and august 2015. i'm thinking we might need to put that on the website. >>> butter may not be the healthiest thing to eat, but new research is suggesting it's not the worst either. eating between one and three table spoons of butter a day did not significantly increase the risk of heart disease or early death. butter eaters even had a slightly decreased risk of developing diabetes

. >> volkswagon now deeper in the hole. the auto maker cheating scandal reaching $14.7 billion.deal will set aside $10 billion to repair or buy back roughly 475,000 vehicles. now each owner will also get between 5 and 10,000 dollars. the car vaes alou before the scandal went public to determine how much each other engets. >> you better check the pantry. general mills recalling nature valley granola bars. flower flavors are part of the recall. while there aren't any reports of any one getting sick yet you should throw away any of the recalled bars to be safe. >>> the city capital of texas often home to a lot of wick can people who practice witchcraft. jesse waters went to check it out. the watters' world what fright tens you edition. >> what are you afraid of? >> the ocean. >> the ocean? >> yes. it's vast and powerful and it scares me. >> you are going to need a bigger boat. >> kind of like me. >> what is your biggest fear? >> belly buttons. touching belly buttons. looking at belly buttons. when people touch their belly buttons and when people try to touch my belly buttons. >> wh

. >> volkswagon expected to pay nearly $15 billion in the rigged emissions test.t's tuesday, june 28, 2016 and "squawk box" begins right now. >> good morning, everybody. welcome to "squawk box" on cnbc. joe is out today. let's tyke a look at the u.s. equity futures which finally look to be showing a bit of a rebound after two sharp days of losses. the dow was down by 260 pounds. this morning you see the dow indicated up to 150 above fair value. overnight in asia, things were relatively calm. the knee cay ended flat . up about half a percentage point. let take a look atop

. >> volkswagon and toyota and mitsubushi are still installing takata air bags. >>> warriors with a bigtle coming up. he's not talking about the one coming up with cleveland. >> i am worried that we are not focusing on the right thing, making our voices heard. >> he's looking a president there. >> i love it. >> even a cartoon. >> you can see that barnes is encouraging people to vote and explain explaining the process. our california's primary is five days away. >> i love that. >> we have some warm weather greeting the cavaliers as they come to our hometown, yeah? >> yeah, absolutely. >> it is going to be warmer today and also nothing too hot, at least not until tomorrow. here is a look at live doppler seen over the next two hours and not much going on. you can see the fog just to the south here. tickets from san rafael. a little mist this morning, it is going to be a quicker day of sunshine and warmer in the air. that's how we get our poor air quality. center clouds tonight, the heat peeks through saturday. lets talk about what's going to happen in san jose, 59 at 6 clo clo -- 6:00. we'

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. >>> a massive $15 billion settlement involving widespread polluting and a major buyback for volkswagon and gun control. major rulings by the supreme court that had the nation talking. plus after three deaths, ikea recalls 29 million chests and dressers that can tip over onto children. >>> the best and worst places for you to retire.

. >>> volkswagon customers may be eligible for up to $10,000 as part of a settlement tied to an emissions scandal. telling the ap that voelkswagon buying back vehicles and may cost them $15 billion. that would mark the largest automobile scandal settlement in u.s. history. >>> airbnb is suing the city of san francisco in an he have effort to stop new rules on rentals. they're trying to crack down on people illegally renting their homes and apartments. they've modified short-term rental companies to police their websites. airbnb must remove people from their sites who have not registered with the city. airbnb says it is going to court to block the new rules from going into effect in late july. >>> i want to take a look at the markets. bo they have suffered a beating this morning. i want to they can with scott mcgrew, watching the numbers for us. >> good morning. it is looking better. we've been down 10%, s&p fell under 2,000 as well. up a little this morning on the big board, 1% on the dow industrials, 175 to the positive. now, this is not a recovery, because we're still down 9%. british p

vocati volkswagon is expected to pay 15 billion dollar. expected to be filed in court today. it will include $10 billion to repair or buy back 475,000 cars equipped with two liter engineers. owners will receive up to $10,000 in compensation. vwwill pay $2.7 billion in fines. lyft has settled litigation. the ride hailing service accused of breaking confidentiality pledge when he went to work for uber. internet address assigned to lift's chief technology officer. both settled before a trial. >>> on today's economic agenda, the first quarter expected growth 1% previous outlook. 0.8. index followed by june consumer confidence at ten. jerome powell speaking about the economy this evening. >> let's get across the globe right now where most of the action is. david cameron meeting with eu officials in brussels. markets bounce back from the post brexit selloff. our reporters across the globe join us now. sara eisen in london covering the pound rebound. we're going to start with wilfred frost in brussels this morning. good morning to you. >> good morning. yes, indeed. it's going to be