Berkshire Hathaway has over $300 billion in cash. Warren Buffett may be eyeing the railroad sector to put the cash to work.

The five residents appealing the final approval of last year’s $600 million settlement between the Norfolk Southern and households impacted by the 2023 train derailment, continue to fight for a ...

Berkshire Hathaway CEO Warren Buffett on July 22 denied reports that BNSF is working with Goldman Sachs on a possible merger ...

The rail unit of Warren Buffett’s firm reportedly hired Goldman as a financial advisor after Union Pacific considers a deal ...

The 94-year-old billionaire investor told CNBC’s Becky Quick on the phone that no one from Goldman had talked to him or Greg ...

Union Pacific is in talks to merge with Norfolk Southern, The Wall Street Journal reported Thursday, in a deal that would ...

With the Federal Railroad Administration (FRA) weighing the benefits of automated track inspection technology, rail labor unions are speaking out against it, citing both concerns of potential job ...

Union Pacific and Norfolk Southern are in merger talks to create the largest railroad in North America that would connect the East and West Coasts.

On Monday, TD Cowen upgraded Norfolk Southern's stock to buy from hold and raised its price target to $323 from $263, with the new target implying about 17% upside from current levels. The stock, ...

BNSF Railway hired Goldman Sachs to explore a potential railroad takeover, and CSX is in talks to bring on advisors, as Union ...

BNSF Railway has hired Goldman Sachs and CSX Corp is in talks to bring on financial advisers, as rival Union Pacific’s ...