Ginny Koselda

Union Pacific says it will provide additional information requested by the Surface Transportation Board, which last week declared its merger application with Norfolk Southern incomplete.

The companies were invited to revise and resubmit the application.

Regulators wanted more information on the combined company's projected market share and some other documents.

The Wall Street Journal says the request is likely to delay what it's already expected to be a lengthy merger review process.

The Union Pacific-Norfolk Southern merger will create a single company controlling coast-to-coast rail shipments for the first time in U.S.

history.

Ginny Koselda, Fox News.

Union Pacific says it will provide additional information requested by the Surface Transportation Board, which last week declared its merger application with Norfolk Southern.

incomplete.

The companies were invited to revise and resubmit the application.

Regulators wanted more information on the combined company's projected market share and some other documents.

The Wall Street Journal says the request is likely to delay what it's already expected to be a lengthy merger review process.

The Union Pacific-Norfolk Southern merger will create a single company controlling coast-to-coast rail shipments for the first time in U.S.

history.

Ginny Koselda, Fox News.

Prices rose in December at a modest three tenths of a percent as measured by the Consumer Price Index.

Excluding food and energy, the increase was two tenths of a percent.

For the year ending in December, the CPI was up 2.7 percent.

2.7 matches the November number and is tied for the lowest inflation measured by the CPI since May.

CPI was up 2.6% on an annual basis, excluding food and energy.