Morning intelligence

• London mayor Sadiq Khan said Tuesday that after the Brexit decision, he is “demanding more autonomy for the capital . . . London needs to be able to determine its own future from now on.

• Volkswagen has reportedly agreed to a settlement of $14.7 billion, which should cover compensation for car owners and buybacks of affected vehicles. 

Airbnb is suing the city of San Francisco over a new regulation that requires short-term rental companies to only offer registered listings. 

• Coming up: The European Council is meeting in Brussels to discuss how the EU should proceed following the Brexit vote; U.K. Prime Minister David Cameron will be in attendance. PM