Volkswagen settles emissions scandal with $15 bill...

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Volkswagen’s got final court approval for a $14.7 billion plan to settle its emissions scandal. Drivers can now sell back their cars or wait for a government-approved fix VW will have to pay for. Some half a million diesels are affected; Volkswagen had equipped them 'with devices meant to trick emissions tests, allowing the cars to spew higher-than-legal levels of pollutants.”

When the past comes back to haunt you: Viacom CEO Sumner Redstone has sued two ex-girlfriends, “alleging he was forced to borrow $100 million from the private company [National Amusements] that holds his voting shares of CBS Corp and Viacom Inc to cover tax obligations on gifts he gave to the women.” Redstone claims it’s all part of a scheme to drain his wealth and ruin his credibility. He remains engulfed in another related litigation war over the fate of Viacom.

Samsung is being sued by 500 users of its “fire-prone smartphone” — that would be the infamous Galaxy Note 7 — for the pain and suffering that accompanied returning the recalled phone, and for 'psychological harm.' All of that comes to $441, plaintiffs assert. Samsung faces hundreds more claims for the damage caused by Samsung’s exploding Note 7, CNN reports, but it's unlikely any will be as colorful as this one.

Hyperloop One, a high-speed transit system that seeks to revolutionize travel, is looking for $250 million in funding (on top of $50 million from earlier this month). This would help deal with projected costs that run between $84 million and $121 million per mile, versus Elon Musk’s astoundingly optimistic original estimate of $11.5 million. Hyperloop predicts passenger capabilities starting in 2021, most likely in Dubai.

#Stat

17 million

-The number of rides Lyft had in October, more than double from the same time last year. However, it’s “just a drop in the bucket” compared to rival Uber, who makes 5 million rides per day.

T-Mobile may be the next acquisition for a high-profile media-carrier partnership following the news of AT&T’s proposed $85.4 billion acquisition of Time Warner. T-Mobile“took out most of the wireless industry's subscriber and revenue growth in the third quarter,” making it an “attractive target for a pay-TV or media company,” Reuters writes. Sprint may be another “takeout candidate” as well, according to analysts.

Cover Art: NORTH LAS VEGAS: Sand is displaced as a test sled is slowed during the first test of the propulsion system at the Hyperloop One Test and Safety site on May 11, 2016 in North Las Vegas, Nevada. (Photo by David Becker)