Nightly Business Report – September 29, 2016

Tonight on Nightly Business Report, drama on Wall Street as concerns over the health of a big German bank ripple through our markets.
Plus, are home prices out of reach for more Americans?


Despite a recently lifted travel advisory, there are signs of pain in Florida’s $90 billion travel industry.


Only a substantial intervention by the German government can stop the collapse of the country’s largest lender, according to one analyst.


Two-thirds of Americans want an independent body to oversee prescription drug pricing.


One in four housing markets is now less affordable than its long-term historical norm, according to new data.


An agreement by OPEC to work toward a production cut could put a floor under oil and points to the strain low crude prices have had on producers.

Philly may be the next startup hub

Kate Rogers reports on the increasing number of startups taking root in Philadelphia.

AI may be bigger than Cloud in transforming business

Aditi Roy takes a look at how artificial intelligence will boost the economy and affect the job market.

Anheuser-Busch’s acquisition of SABMiller marks a new era for beer

Tyler Mathisen reports on the merger between the world’s biggest beer makers.

Has Mylan shortchanged the government?

Meg Tirrell reports on claims that Mylan misclassified the EpiPen in order to pay smaller discounts to states.

Oil pops on reports of OPEC production cut deal

Bob Pisani takes a look at reports that OPEC has agreed to cap oil production.


Tonight on Nightly Business Report, stocks took off on reports that OPEC reached a production deal. Will it stick?
Plus, California gets tough with Wells Fargo.


Venture capital investment and a strong entrepreneurial ecosystem is helping start-ups thrive in the City of Brotherly Love.


As college costs rise, more families step up to cover the tab, according to a report by education lender Sallie Mae.