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Met this morning a 70 billion merger. Royal dutch shell buying bg group. Will this finally trigger energy . Tesla upgrades the model s with a starting price of 74,900. More features a larger battery has tesla shares moving higher in the premarket. It is earning season. Alcoa set to report tonight. Apple watch review season. Were going to preview both in just a minute. First up Royal Dutch Shell striking a me da deal to buy bg group. Shell says the combination would add 25 to its proven oil and gas reserves and make it the Worlds Largest producer of liquefied national gas. Heres what shells ceo...

This coming up. Developing news this morning. San Jose Fire Department is battling a one alarm house fire. It was reported just after 3 30 this morning. Its near delmas avenue and brown streets. No injuries have been reported. Firefighters are working to bring the blaze under control. We have a crew on the way information as it becomes developing news this line two dogs a rottweiler named jager and a German Shepherd named luke escape from a couples home in brentwood early saturday morning. During the search, the owners learn a man admits to killing them, then burning them. Now county officials...

Are releases two members of punk band pussy riot. And, the maker of the Assault Rifle ak47, dice at 94. 94 dies at 84. So the conflict in south sudan appears to be are escalating. Government forces are about to step up their assault on rebels. Colonel phillip ogarre, says if to take back rebel territory. Forces are are about to retake the area. Ethnic violence between different groups. Tens of thousands of people seeking refuge at the u. N. Compound in juba. From there, hari matassa sent this message. South sudans capital juba, young people started to attack civilians with blades that looked l...

Improved. Its the talk of the town. Even as Inflation Numbers go up, its counterintuitive. Is the stock market bracing for a curveball that it wasnt expecting, a report showing a big jump in inflation on the wholesale level is raising those eyebrows and concerns that if inflation really is starting to rear its ugly head it could change everything for stocks and the economy. We will take a closer look at that story coming up here momentarily. Also ahead, more problems over at the irs. Paying out 13 billion in tax credits to people who werent qualified to get that money. The problem so bad that ...

It the right fit . We have all that and more tonight on nightly Business Report for this wednesday, march 26th. Good evening, everyone, and welcome. It is a big evening for banking news. The Federal Reserve coming down hard on a number of financial institutions. Barring them from increasing their dividends or buying back their own stocks until they have enough cash on hand to withstand another big financial shock. Citi group is the biggest bank that got its capital return plans rejected by the feds, sending shares lower initially in late trading today. The decision is a blow to the bank and ma...