Union Pacific and Norfolk Southern have announced a proposed merger to form the United States’ first coast-to-coast freight railway. The transaction, subject to regulatory and shareholder approval, ...

Outdoor enthusiasts have pushed Union Pacific Railroad to work with local officials to create a safe and legal path. But the ...

While Union Pacific and Norfolk Southern have agreed to consolidate, intermodal heavyweights will have to reassess their links to the major railroads.

A merger between Union Pacific and Norfolk Southern would be a huge concentration of market power, limiting competition.

The company serves regions including Alaska, Guam, and Micronesia, but this latest policy shift puts the brakes on EV imports ...

Last month, Union Pacific said it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S.

Warren Buffett’s Berkshire Hathaway said on Saturday it took a $3.76 billion writedown on its stake in Kraft Heinz during the ...

Late summer is typically one of the slowest times for dealmakers. Not this one. A sudden rebound in corporate tie-ups has ...

Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76-billion writedown on the value of its stake in Kraft Heinz, as that iconic food producer ...