NEW YORK, Feb 28- Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday, written with his usual mix of business facts, common-sense advice and showmanship. On lodging for the May 2 annual meeting in Omaha:. Airbnb's services may be especially helpful to shareholders who expect to spend only a single night in Omaha and are aware...» Read More
Mercedes-Benz is recalling about 85,000 of its 2010 and 2011 cars because of potential steering problems.
U.S. Transportation Secretary Ray LaHood says New Jersey's governor has agreed to take the next two weeks to rethink his decision to cancel a massive NJ-NY rail tunnel project.
According to several trade groups in the trucking industry, there could be a shortage of drivers next year, and the estimates range from 200,000 to as many as 500,000.
Business investment, not government stimulus, will create jobs, Frederick Smith, chairman and CEO of FedEx, told CNBC Friday.
Gov. Chris Christie cited estimates that the project could be more than $2.5 billion over its budget of $8.7 billion, reports The New York Times.
Car rentals are nearly back to 2007 levels, Andy Taylor, CEO and chairman of Enterprise Holding Co., the world’s largest car rental company, told CNBC Friday.
Boeing says one of its 787 test airplanes had some maintenance trouble during its first flight and the pilot chose to land the plane early.
U.S. auto sales in September for GM, Ford, Chrysler as well as Toyota, beat estimates, showing some gains in the still sluggish auto market. GM said Friday that its core brand sales for the month of September were up 22.1 percent compared to estimates of 17.5 percent.
'One-Decision Stocks' are rare, so even to be considered warrants attention. The airline industry has been so successful of late that companies like this airline deserve a careful look.
Looking to rev up slumping sales in the beleaguered golf industry, Callaway announced today a strategic partnership with automaker Lamborghini in the quest to find the strongest, lightest and most durable materials.
Longshoremen remain on strike at ports in New Jersey and New York despite a judge ordering them back to work.
The acquisition of AirTran by Southwest Airlines, two discount carriers, means that Southwest expects robust demand for flights, its CEO told CNBC Monday.
Southwest Airlines said Monday it will buy AirTran for about $1.42 billion. The move will put Southwest in head-to-head competition with Delta Air Lines in Delta's home base of Atlanta.
A British businessman who last year bought the company that makes the two-wheeled Segway personal transporter has died in an accident on one of the vehicles.
CNBC has learned that U.S. Aerospace, the small Los Angeles company which partnered with Ukrainian aircraft company Antonov to offer tankers to the U.S. Air Force, has named former Douglas Aircraft Company President Jim Worsham as CEO.
With the price of both corn and cotton higher, the traders game its effect on the food industry and retail space. So what's their trade?
Making sure drivers keep their eyes on the road will require a network of tough laws, enforcement by police and personal responsibility, the government said Tuesday.
CNBC has learned the Government Accountability Office will continue to consider part of a protest in the Air Force tanker refueling competition filed by a small U.S. company proposing a Ukrainian based tanker. However, the GAO is dismissing the most serious accusations made by the firm, U.S. Aerospace, which claim the Air Force engaged in intentional misconduct.
Continental Airlines shareholders have approved a deal to combine with United to form the world's biggest airline.
Edward E. Whitacre Jr. has looked forward to the day the carmaker would no longer be under government ownership, but thinks a public offering requires a long-term leader. The New York Times reports.