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Amidst AI bubble fears, Warren Buffet officially buys-in to Artificial Intelligence revolution and stocks give thumbs up. Here's whyWarren Buffet-led Berkshire's investment in Alphabet, which became its tenth-largest U.S. stock holding, is surprising given Buffett's usua...
Wildfires dent Berkshire's profit; cash soars to $347.7 billionOperating profit for the Omaha, Nebraska-based conglomerate dropped 14% to $9.64 billion, or about $6,703 per Class A share, from $11.22 bi...
Bill Ackman says Berkshire will be better run after Warren Buffett. Here’s whyAckman, head of the $20 billion hedge fund Pershing Square Capital Management, criticized Buffett for being too passive in managing Berkshi...
Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stockBerkshire said it sold off more Apple shares in the third quarter after halving its massive investment in the iPhone maker last quarter. Th...
US teenager accused of derailing train, recording crash, posting footage onlineA teenager in Nebraska has been accused of intentionally derailing a train
Buffett's Berkshire buys Occidental Petroleum shares worth about $588.7 millionThe purchases bring Berkshire's stake in Occidental to about 27%. The company also holds preferred shares and warrants to acquire another 8...
Colorado's I-25 closed after fatal train derailment near Pueblo, investigation underwayDuring a press conference on Sunday, Brian Lyons of the Colorado State Patrol confirmed the tragic fatality and revealed that the train, op...
Berkshire Hathaway stake in Occidental Petroleum rises to 23.6%Buffett, 92, has longed to make another large acquisition for his Omaha, Nebraska-based conglomerate, whose dozens of businesses include Ge...
US railroads and unions fail to seal deal, renews rail strike threat. Read detailsUS President Joe Biden pressed railways and unions last month to achieve an agreement before a mid-September deadline. However, railroaders...
Warren Buffett still wants deals but can't find any attractive onesBuffett sought to reassure shareholders with his annual letter Saturday that he retains a strong appetite for acquisitions and stock invest...
Warren Buffett bets on Rail Superhighway to beat trucks as coal fadesRail shipments of containers grew 15 per cent over the last decade while other cargoes, such as coal and chemicals, dropped 11 per cent.
Warren Buffett's Berkshire Hathaway shares head for worst annual fall since 2011Shares have slumped 5.2 per cent since December 31 and are headed for their first annual decline since 2011.
Why Bill Gates and Warren Buffett are railroad rivalsBill Gates and Warren Buffet part ways in investing in the railroads.
- Buffett emphasizes BNSF purchase at meeting start
Billionaire Warren Buffett is showcasing his company's recent acquisition of the Burlington Northern Santa Fe Railroad at the start of Berk...
- Buffett's Berkshire gets green light to buy railroad
Warren Buffett's Berkshire Hathaway said on Thursday that Burlington Northern Santa Fe shareholders have cleared the track for its takeover...
- Buffett's company buys more shares in railroad
Billionaire investor Warren Buffett's company has bought another 2.2 million shares of Burlington Northern Santa Fe Corp. stock, increasing...
- Buffett eyes easy ride with US freight railroads
Freight railroads and their investors can feel confident no new railroads will try to create a competing network - the cost is too high.