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Transcripts For CNBC Closing Bell 20160928

Sanctions against wells fargo. Well have that story plus reaction from former fdic chair sheila bair. Well get to her in just a moment. Plus a new report says amazon is getting more serious about its own shipping business and it may be looking to ditch fedex and ups altogether. This as amazon stock continues to power higher. More on that story coming up a little bit later this hour. And shareholders voting today to approve one of the largest corporate deals in history. Well take a closer look at Anheuser Buschs takeover of sb miller. Is that enough . We have more in the next couple hours. Lets begin on the breaking news of the oil front that has moved the market today. Jackie d. Has it for us. The spike in crude oil putting some traders off guard today. Closing today over 47 a barrel. Now, three major headlines coming out of reuters regarding the opec meeting, but remember, theyre citing sources. Nobody officially has gone on the record here. You mention there is potentially a deal to

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