Warren Buffett's Berkshire Hathaway plans to sell its stakes in Union Pacific and Norfolk Southern, now that it plans to buy their competitor, Burlington Northern. Read More
Burlington Northern Santa Fe CEO Matt Rose says the railroad's proposed acquisition by Berkshire Hathaway is being "very warmly received" by Washington policy makers. Read More
Warren Buffett's NetJets is putting 495 of its 3200 pilots on furlough effective January 15, as the Berkshire Hathaway subsidiary continues to cut back in the face of a slowdown in private corporate air travel. Read More
Warren Buffett's Berkshire Hathaway could be stripped of its one remaining top-grade AAA credit rating. Standard & Poor's Ratings Services says in a news release today that it has put Berkshire on "CreditWatch with negative implications" in the wake of its announced deal to buy all of Burlington Northern Santa Fe. Read More
Warren Buffett tells CNBC's Becky Quick that Berkshire Hathaway has talked to five big financial firms about buying their tax credits. Buffett says he can't name any names due to confidentiality agreements, but notes that Berkshire has been buying tax credits since 1990 and will continue to do so in the future. Read More
Warren Buffett agreed to buy one of America’s largest railroad companies in a deal valued at $44 billion. So what does Buffett’s move say about investing in America right now? David Pearl, co-CIO of Epoch Investment Partners, shared his insights. Read More