MARQUEZ: The Keystone XL oil pipeline is officially in limbo. The TransCanada, the company behind the project, is asking the U.S. government to suspend its application for a permit beyond the 2016 election. The firm will now go through a state review in Nebraska. Something it originally resisted. The move comes in the face of an expected rejection by the Obama administration as early as this week.</s>KOSIK: Time for an EARLY START on your money. Asian and European stocks are mostly lower so are U.S. stock futures. Yesterday, though, stocks kicked off November with a nice rally. The Dow climbed 165 points. That gain puts the Dow in positive territory for the year. The S&P 500 climbed 1.2 percent. It's getting very close to its record high. Volkswagen emission cheating scandal spreading to Porsche, U.S. regulators say 10,000 high-priced Porsche and Audi vehicles contained the cheating software. That is very small compared to the nearly 500,000 cars already cited in the U.S. and 11 million cars worldwide. But it's just another blow to VW's credibility. It could expose the automaker to another $375 million in Clean Air Act violations. VW denies these new claims, but I'll tell you what, a lot of irate car owners of Porsche and Audi.</s>MARQUEZ: VW will have to do something massive to get over this. So it's a win that confidence. I don't see how they do it.</s>KOSIK: Absolutely. Get its reputation back.</s>MARQUEZ: President Obama with new help for ex-convicts struggling to reenter society after their time is served. That's coming up next.
VW Emissions Scandal Threatens Porsche