VW expected to announce $15 billion settlement in emissions-cheating scandal

VW expected to announce $15 billion settlement in emissions-cheating scandal

Volkswagen emissions scandal: A timeline Volkswagen has agreed to pay a fine of up to $15 billion for selling cars with software designed to cheat on emissions tests, according to a source familiar with the settlement. Details are expected at a press conference at 9:30 am ET on Tuesday, the company confirmed. Read More

Ikea to recall dressers after death of third child

Ikea to recall dressers after death of third child

Ikea is recalling millions of dressers that can tip over and are being blamed for the deaths of three children. The dressers have been known to fall over if they are not fastened to the wall, and the issue was already linked to the death of two toddlers that spurred Ikea to launch a repair → Read More

'Daily Show' gets social media scorn for Texas abortion tweet

'Daily Show' gets social media scorn for Texas abortion tweet

Some on Twitter found a tweet from “The Daily Show” to be offensive on Monday. “The Daily Show” found itself in the middle of a social media firestorm Monday following a tweet regarding the Supreme Court’s ruling on abortion rights in Texas. “Celebrate the #SCOTUS ruling! Go knock someone up in Texas!” the show’s official → Read More

Frontline tackles fraught police-minority relationship in 'Policing the Police'

Frontline tackles fraught police-minority relationship in 'Policing the Police'

Frontline’s ‘Policing the Police’ trailer After a series of politically charged incidents involving law enforcement and young African-American men, Frontline’s “Policing the Police” provides a bracing and illuminating look at the issue. Reported by New Yorker staff writer Jelani Cobb, this hour-long special presents a virtual primer on how a random stop can potentially go → Read More

Waldorf Astoria's Chinese buyer to turn most of rooms into condos

Waldorf Astoria's Chinese buyer to turn most of rooms into condos

You may not have heard of this Beverly Hills The new Chinese owners of Waldorf Astoria hotel in New York plan a massive renovation that will turn much of the landmark hotel into luxury condominiums. Anbang Insurance, which agreed to buy the property from Hilton (HLT) in late 2014 for nearly $2 billion, said Monday → Read More

Downgraded: U.K. loses perfect AAA credit rating

Downgraded: U.K. loses perfect AAA credit rating

Brexit turmoil deepens global stock selloff Brexit just cost the U.K. its perfect AAA credit rating. Standard & Poor’s downgraded the U.K. by two notches to AA on Monday, the latest fallout from last week’s shocking U.K. referendum to leave the European Union. Read More

Derek Jeter's 'Players' Tribune' broadens ambitions with video series

Derek Jeter's 'Players' Tribune' broadens ambitions with video series

Green Bay Packers linebacker Clay Matthews offers instructions to a high school football player in a scene from “Scouting Myself,” a web series from The Players’ Tribune that debuts on Tuesday. These days, seemingly every digital media property is ramping up its video production. The Players’ Tribune is no exception. The website, founded by former → Read More

These billboards will target you as you drive by

These billboards will target you as you drive by

Billboards may never be the same. By early fall, a billboard in Tokyo will automatically identify the make and model of vehicles driving by it to display a targeted advertisement. “The ad could come up with ‘Hey you in the Mercedes, you could be driving this [instead],'” said Paul Turner, chief marketing officer with Cloudian, → Read More

Priceline gets slammed on Brexit fears

Priceline gets slammed on Brexit fears

Investors panic after Brexit vote William Shatner may soon need to do a commercial with Kaley Cuoco begging people to buy Priceline stock. Priceline (PCLN, Tech30) shares plunged 11% Friday and were down more than 4% Monday. Read More

Yankees reach deal with StubHub

Yankees reach deal with StubHub

Free Ticketmaster tix? Not so fast The New York Yankees and StubHub have reached an deal that will end a four-year battle. The dispute had made it hard for Yankees ticket holders to sell their tickets on StubHub electronically. Read More

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