NEW YORK, Dec 5- For lawyers preparing to sue over Sunday's deadly New York commuter rail accident, their success in court may depend largely on two factors: whether human error caused the derailment and if state or federal law governs railroad safety in the case.» Read More
Burlington Northern and two other rail stocks owned by Warren Buffett rallied strongly today (Monday) after another vote of confidence from Mr. Buffett. As we first reported late Friday, Warren Buffett appears to remain bullish on Burlington. His Berkshire Hathaway holding company revealed in an SEC filing that it bought another 1.4 million shares last week at $76.50 and $78.96.
AirTran Holdings Tuesday raised its offer to buy Midwest Air Group by 3 percent, to about $445 million, in a last-ditch bid to win control of the rival airline.
DP World, the world's third-largest container port operator, may this year sell $2 billion of shares in an initial public offering and list the stock in Dubai, Middle East Economic Digest reported.
Burlington Northern shares are picking up speed on Wall Street, after Warren Buffett added to his bet on the railroad. Buffett's apparent optimism on the rails gives Fast Money's Guy Adami an idea. PLUS: Why Geico's Gecko may be going back to Massachusetts.
Warren Buffett's Berkshire Hathaway bought 1.62 million shares of Burlington Northern Santa Fe in the past few days, according to a filing late Tuesday with the Securities and Exchange Commission.
Divers searched for bodies in debris in the murky Mississippi on Saturday as President George W. Bush toured the site of this week's deadly rush-hour bridge collapse and promised quick federal help in rebuilding.
Minnesota is far from the worst in the nation when it comes to transportation infrastructure. We found as much when CNBC did its study on "America's Top States for Business" last month. The state came in #11 overall in the transportation category, and had the third best bridges 16th best roads in the nation.
There was a time Cramer wouldn't even consider dry bulk shipping stocks, but times have changed. Here is his strategy for playing this hot sector.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
United Parcel Service Tuesday posted a better-than-expected profit, citing a boost from global markets, plus its supply chain and freight units that offset a slower U.S. small-package market.
UAL, parent of No. 2 U.S. carrier United Airlines, on Tuesday said its quarterly profit rose as it controlled costs during the strong summer travel season.
U.S. railroad Burlington Northern Santa Fe said on Tuesday that quarterly net profit fell as a result of higher fuel expenses.
Equipment rental company United Rentals on Monday said that it had accepted a $4 billion takeover offer from private-equity fund Cerberus Capital Management
Earnings misses by tech darling Google and Caterpillar, one of the Dow's power drivers, are adding to a wobbly opening on Wall Street. Citigroup though is a bright spot with a better than expected 18 percent profit gain and record revenues from investment banking and overseas business.
Chrysler Group and the United Auto Workers union on Friday mark the formal start of a summer of crucial contract negotiations under intense pressure to break the model of business as usual for Detroit.
After spending decades out of the Wall Street limelight, the rails are seeing some spectacular growth. UNP's chief tells us why.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Union Pacific, the biggest U.S. railroad, reported a better-than-expected rise in profit Thursday due to improved efficiency and strong pricing despite slower U.S. economic growth and bad weather.
Metronet, the company upgrading two thirds of London's underground rail network, has asked for an administrator to be appointed after overspending led to a cash shortage, its owners said on Wednesday.
The City of Light wants to be the city that bikes.
We did it! Five states in five days, four flights and one long drive. Our journey through America's Top States for Business covered some 6,000 miles, and we hope we highlighted some of the states and practices that are "Keeping America Great".
The economic fates of Texas and the energy industry are inexorably linked. And that industry is part of how Texas gained a reputation for doing everything big.