Years of improvement in fuel efficiency and capacity have made it easier to steal business from the trucking business and cope with rising fuel prices.
Stocks pared gains but remained solidly higher after a mixed batch of economic news, and as oil prices eased from recent highs. 3M and Pfizer rose, while Intel fell.
Stock index futures rose ahead of the open Monday despite news consumer spending rose at a slower pace than income growth last month.
Warren Buffett's itchy trigger fingers gets most of the attention in the day-after headlines about his latest annual letter to shareholders, but his long-term optimism about the United States' economic future also gets some mentions.
In his annual letter to Berkshire Hathaway shareholders released this morning, Warren Buffett says more "major" acquisitions are needed to maintain growth in the company's non-insurance businesses at a "decent rate."
As the centennial of its opening nears, the Panama Canal is due to shake up international trade once more, a point rails and ports across the United States readily acknowledge.
Set your alarm clocks. No sleeping late this Saturday. Warren Buffett's Berkshire Hathaway will post its 2010 Annual Report, Q4 earnings, and Buffett's folksy-funny annual letter to shareholders around 8 AM ET.
For the fourth straight year, Warren Buffett will be answering your questions during a special three-hour live appearance starting at 6a ET, Wednesday, March 2 on CNBC's Squawk Box. Our Becky Quick will be in Omaha for the event. Here's how you can suggest a question for Buffett.
The S&P is now up 6.8 percent for the year, and analysts and traders keep watching for the pullback that just doesn't seem to come. Turmoil in the Middle East, recurring sovereign debt concerns in Europe and now the idea of inflation all hang over markets.
Out of the 19 large U.S. bank holding companies undergoing Federal Reserve stress tests, five stand out as having the most at stake, although not for the same reasons.
Luck is a recurring theme in a White House video clip of 2010 Presidential Medal of Freedom recipient Warren Buffett.
Warren Buffett was smiling today at the White House as Barack Obama presented him with the nation's highest civilian honor, the Presidential Medal of Freedom. And while Mr. Obama's anecdote about Buffett's early misadventures in stockpicking elicted laughter, there's also a serious investing lesson to be learned.
Stocks closed lower Tuesday, retreating from multi-year highs, led by energy and materials stocks, as investors digested a mixed bag of economic news, including disappointing retail sales in December and a spike in import prices. Exxon fell, while Verizon rose.
Stocks retreated from multi-year highs on Tuesday, led by energy and materials stocks, as investors digested a mixed bag of economic news, including disappointing retail sales in December. Exxon fell, while Verizon rose.
SAC Capital increased its holding in Apple and Greenlight Capital increased its stake in Sprint Nextel, according to new SEC filings.
Stocks continued to trade off multi-year highs after a slew of economic news, including a weak reading on December retail sales. Exxon and DuPont fell, while JPMorgan rose.
Stock index futures fell ahead of the open on Tuesday after the government reported retail sales results that were slightly lower than expected, and a surge in import prices.
Warren Buffett's Berkshire Hathaway was doing some selling in last year's fourth quarter. Its quarterly portfolio filing with the SEC shows that as of December 31, Berkshire had no holdings for eight stocks that had been listed in its Q3 portfolio filing.
Here's some weekend listening. The Financial Crisis Inquiry Commission has posted a two-hour audio recording of the interview its staff did with Warren Buffett in his Omaha office on May 26, 2010.
BlackRock, the big money management firm led by Laurence Fink, tells the SEC it held 6.6 percent of Berkshire Hathaway's Class B shares at the end of December. That appears to be an increase from 5.1 percent.