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U.S. markets news

Volkswagen to Pay $14.7 Billion to Settle Diesel Claims in US
Matthias M�ller, left, chief executive of Volkswagen, and Hans Dieter P�tsch, the company's chairman. Credit Alexander Koerner/Getty Images.
Volkswagen's US diesel emissions settlement to cost $15 billion: source  Reuters
AP Source: Volkswagen Reaches $14.7B Emissions Settlement  ABC News
Airbnb sues San Francisco — its hometown — to block new rental law
Airbnb Inc. filed a lawsuit against its home city of San Francisco on Monday in an attempt to block new regulation that it said would violate federal protections for Internet companies.
Airbnb has sued its hometown of San Francisco  CNNMoney
Airbnb sues San Francisco to avoid thousands of dollars in fines  The Verge
World stocks, sterling try to shake off Brexit blues
HONG KONG Asian stocks rose for the first time in three days on Tuesday while sterling and other currencies advanced as investors scooped up beaten down assets after Britain's vote to exit the European Union stunned financial markets.
Brexit: What the UK credit downgrades mean for Asia  BBC News
DealBook|Asian Markets Move Toward Stability After 'Brexit' Turbulence  New York Times
Allegiant Air breaks into Newark as it adds 3 cities to route map
Budget carrier Allegiant is ready to take on New York City. The fast-growing leisure airline has gained access to capacity-choked Newark Liberty International Airport, where Allegiant believes it can stimulate new passenger traffic by offering fares as ...
Allegiant Air Will Expand Its Low-Cost Service to Newark, Trespassing on ...  Skift
Discount Airline to Land at Newark With Opening up of Slots  ABC News
Ikea Recalls 29 Million Dressers and Chests After 6 Children Crushed to Death
At least six children have been crushed to death by toppling Ikea chests, prompting the voluntary recall of about 29 million chests and dressers sold by the popular retailer, the Consumer Product Safety Commission says.
IKEA Issues Voluntary Recall of Dressers and Chests That Have Killed 6 Children  People Magazine
Ikea to halt sale of deadly dressers, offer refunds to millions  The Seattle Times
Chipotle hatches food giveaway to win back customers
Chipotle Mexican Grill is hoping some free food will help it win back some mojo with some of its most valued customers. The chain is launching a "Chiptopia" summer promotion starting Friday that rewards customers for the number of visits.
Chipotle launches loyalty program to get more customers — and data  Chicago Tribune
Chipotle to launch "Chiptopia" loyalty program  KABC-TV
Pepsi Tries to Fix Diet Cola Stumble -- WSJ
PepsiCo Inc. spent two years surveying consumers, conducting taste tests, and tinkering with soft drink recipes in order to fix Diet Pepsi, only to find it had completely misread what its customers wanted.
Diet Pepsi with aspartame returning to shelves in US  The Boston Globe
Aspartame returns in second Diet Pepsi  Press of Atlantic City
Oakland council bans coal shipments, citing health risks
OAKLAND, Calif. (AP) " The Oakland City Council voted unanimously Monday night to kill a plan to use a proposed marine terminal to transport Utah coal to Asia, calling such shipments public health and safety hazards.
Oakland City Council bans coal shipments, killing a plan supporters say ...  Los Angeles Times
Oakland council votes to block coal-shipping plan  SFGate
California may have a huge groundwater reserve that nobody knew about
This story has been updated. In a surprising new study, Stanford researchers have found that drought-ravaged California is sitting on top of a vast and previously unrecognized water resource, in the form of deep groundwater, residing at depths between ...
California has a lot more water than some think, new Stanford study suggests  Los Angeles Times
First study of California's deep groundwater sparks debate  Science Magazine
Panama Canal opens $5B locks, bullish despite shipping woes
PANAMA CITY - Fireworks exploded as a huge container ship made an inaugural passage through the newly expanded Panama Canal on Sunday, formally launching the Central American nation's multibillion-dollar bet on a bright economic future despite ...
5 Lessons From The Expansion Of The Panama Canal  Huffington Post
Five Questions with Geraldine Knatz: The Panama Canal Expansion and the ...  Council on Foreign Relations (blog)