Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

Good morning. Today is Thursday, January 11th. I'm Julie Morgan.

Commons has to pay a hefty fine for being deceitful.

I-Robot falls amid a report that Amazon won't offer remedies in Europe,

and the SEC says yes to Bitcoin EDFs.

Cummins has agreed to pay a combined $2 billion in fines and remedies to settle a lawsuit filed by the U.S. Department of Justice and the state of California

that charged the company with installing devices meant to cheat emissions controls.

The DOJ announced on Wednesday that under the proposed settlement

Cummins agreed to pay 1.675 billion dollars in a civil penalty which is the

largest ever assessed in a Clean Air Act violation.

In addition, the company will spend more than $325 million to remedy the violations

related to the software defeat devices that circumvented emissions testing and

certifications requirements. Cummins must also complete a nationwide

vehicle recall to repair and replace the engine control software in hundreds of thousands of

RAM 2500 and RAM 3,500 pickup trucks equipped with the company's diesel

engines. The deal will also require the company to extend the warranty

period for certain parts in the repaired vehicles. Fund and perform projects to

mitigate excess ozone-creating nitrogen oxides emitted from the vehicles

and employ new internal procedures designed to prevent future emissions cheating.

I robot dropped nearly 20% Wednesday amid a report that Amazon will not offer concessions

in Europe to try to appease the antitrust regulator.

The drop comes as Wednesday was the deadline for the parties to

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