News

Rail customers urge regulators to block Union Pacific-Norfolk Southern deal
US railroad customer groups have demanded regulators block or put onerous conditions on the proposed merger of Union Pacific and Norfolk Southern, as both sides prepare for a regulatory battle over ...
Approve the Union Pacific-Norfolk Southern merger
The Union Pacific-Norfolk Southern merger should be approved. It would benefit riders, businesses, and the railway network.
Profits Drop at Warren Buffett's Berkshire Hathaway as It Writes Down Its Kraft Heinz Investment
Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on ...
Buffett’s Berkshire hit with $4.9 billion Kraft Heinz charge
Berkshire marked down its carrying value of the Kraft Heinz stake to US$8.4 billion at the end of June. Read more at ...
Berkshire takes $3.8 billion Kraft Heinz write-down as quarterly profits decline
Berkshire said the 12 per cent quarterly decline in insurance underwriting profit stemmed primarily from reinsurance ...
Profits at Warren Buffett's Berkshire Hathaway drop after Kraft Heinz write-down
Berkshire Hathaway's earnings can swing wildly from quarter to quarter because it has to record the current value of its massive investment portfolio.