Berkshire shares rise on surge in operating earnings, but questions linger about cash
The conglomerate’s operating profit — earnings from the company’s wholly-owned businesses — skyrocketed 71% to $14.5 billion ...
Inside the Mojave Desert train heists targeting Nike sneakers
A string of heists targeting BNSF trains in California and Arizona resulted in the theft of $2 million worth of Nike sneakers ...
Berkshire Posts Gain in Profits, Boosted by U.S. Treasury Holdings
Warren Buffett’s conglomerate held $334 billion in cash at the end of 2024, helping to stabilize earnings in the face of ...
Berkshire Operating Earnings Rose 71% to $14.5 Billion in Fourth Quarter
Berkshire bought back no stock in the period and just $2.9 billion in 2024, the lowest annual total since 2018. Cash rose to ...
Critics warn bills would let BNSF Railway off the hook in asbestos-related suits
The Montana House passed legislation this week that could jeopardize hundreds of wrongful death and contamination lawsuits ...
Rail safety investigators release final report on deadly southern Colorado derailment
The National Transportation Safety Board has released its final report on a 2023 train derailment in southern Colorado that ...
Federal agency says deadly Pueblo train derailment likely caused by welding mistake
The National Transportation Safety Board has released its final report on a deadly 2023 train derailment north of Pueblo.
11 charged with stealing over $440K of Nike shoes from BNSF train
In the latest modern Western train robbery, 11 suspects were indicted in the theft of $440,000 worth of Nike shoes in ...
KFGO1h
House Republican bill would close NorthStar commuter rail line
ST. PAUL, Minn. – A Minnesota House committee will consider a bill that would shut down the NorthStar commuter rail line.
New York Sun4h
A Modern-Day Gang of Train Robbers Is Targeting Freight Trains Traveling Through California, Arizona
In one heist, they made off with 2,000 pairs of Nikes, including Air Jordan 4s that will not be released to the public until ...
Missoulian3d
Feds approve BNSF plan to reduce grizzly deaths on Montana rail lines
The plan will stay in place for at least seven years, regardless of whether grizzly bears lose their protections as "threatened" under the Endangered Species Act in that time.
Railway Age4d
Class I Briefs: NS, BNSF
Norfolk Southern (NS) is named to FORTUNE Magazine’s list of World’s Most Admired Companies. Also, BNSF receives The Home ...