News

Union Pacific and Norfolk seek 1st transcontinental railroad through a massive merger

Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad ...

Could this be Warren Buffett’s last big investment?

Berkshire Hathaway has the cash for Warren Buffett to do one last big deal. And Stephen Wright sees a target that he thinks ...

Profits at Warren Buffett's Berkshire Hathaway drop as it writes down its Kraft Heinz investment

Berkshire Hathaway's earnings can swing wildly from quarter to quarter because it has to record the current value of its ...

Berkshire takes $3.8 billion Kraft Heinz write-down, operating profit falls

Warren Buffett's Berkshire Hathaway said on Saturday it took a $3.76 billion write-down on its stake in Kraft Heinz during ...

U.S. stocks dip and break Wall Street’s record-breaking, weeklong run

NEW YORK — Wall Street’s record-breaking, weeklong run ran out of momentum on Tuesday. The S&P 500 slipped 0.3 per cent for ...