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The mounting costs of its emission scandal. The shares are jumping as the german car maker keeps its full year guidance. And the countdown is on to the third Republican Debate. Cnbc hosts the candidates as donald trump and ben carson solidify their lead. Busy week. A lot of earnings and the cnbc Republican Debate tonight. Lets check in on futures and what theyre telling us ahead of the market open. We have been down each and every day. The implied open is telling us well see a bit of recovery today. Were up some six points for the s p. Dow jones industrial is higher by 38. 5 points and nasdaq ...

[inaudible conversations]. [inaudible conversations] [inaudible conversations]. [inaudible conversations] [inaudible conversations] [inaudible conversations] i want to call the meeting to order . Sure. You want me to introduce you . No. I think were going to start now. Thanks for all of you for coming. My name is jonathan landi, National Security and intelligence correspondent for Mcclatchy Newspapers for another week 1 2. And, again, thank you for coming. To the release of this new report sets out recommended pathway for the Kurdistan Regional government to take to what many believe is inevit...

About before. In may of 2014, independent researchers published a report that identity higher than expected emissions which prompted investigations by the ep epa. When did vw first become aware of this researche. End of april, when it was published. I got it in may, i got information about this. What steps did vw take to evaluate the conclusions of the research at that time. First of all, to acknowledge that emission violations or higher emissions are not legal. Secondly, the engineering departments were supposed to recheck those testing results on our own equipments in order to validate this....

Could members of the media please move out of our way so we can begin the hearing . Mr. Horn, you can sit in that chair. Thank you. Thank you and good morning. We now convene this hearing of the oversight and investigation subcommittee on volkswagen emissions cheating allegations, initial questions. Let me start off by saying my first car was a volkswagen. It was a 76 beetle. I learned a lot about cars. I could take that thing apart continued to work. I did all the maintenance myself because volkswagen had a legacy as the peoples car to be people friendly. I loved that car. Loved it a lot. Not...

And inserted control systems. And we know that during normal road use, the controls were reduced. And the car for producing up to 40 times more nitrogen oxide standards. Owed by we know half a million cars in the u. S. Might be affected by this. Mr. Horn, im glad you came to testify here. While we know all of the things i just talked about, theres a lot more things we do not know. And we need answers for them. For example, volkswagen has not revealed how the device affects the engine. White was installed, and how it was able to evade the tests . You have not revealed when and how the engines e...