The merger would create the United States’ first coast-to-coast rail network, spanning 50,000 miles and 43 states.

Its interest comes as its chief rival, Union Pacific, pursues a takeover of Norfolk Southern, Semafor reported Thursday, ...

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

The U.S. freight rail industry is poised for a groundbreaking shift with Berkshire Hathaway eyeing a CSX acquisition.

Acquiring CSX would be expensive for Berkshire, but it would still be accretive to its earnings, one analyst calculated.

Inside the financial sector, the iShares U.S. Broker-Dealer & Securities Exchanges exchange-traded fund is stealing the ...

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

Warren Buffett, the so-called Sage of Omaha, has been shedding his US bank holdings. At the start of the year, Buffett’s ...