The EU fines BMW and Volkswagen. China's scrutiny of overseas listings reportedly claims another victim. Olympics will take place under a state of emergency.

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Julia Chatterley is live from New York. Here are the top business news stories today! Collusion crackdown! The EU fines BMW and Volkswagen for underutilizing emissions control tech. Clampdown contagion! China's scrutiny of overseas listings reportedly claims another victim. Tokyo tribulations! The Olympics will take place under a state of emergency. It’s Thursday, let’s make a move. To learn more about how CNN protects listener privacy, visit cnn.com/privacy