News

Berkshire Takes $3.8 Billion Kraft Heinz Write-Down, Operating Profit Falls

(Reuters) -Warren Buffett's Berkshire Hathaway said on Saturday it took a $3.76 billion write-down on its stake in Kraft ...

Rail customers urge regulators to block Union Pacific-Norfolk Southern deal

US railroad customer groups have demanded regulators block or put onerous conditions on the proposed merger of Union Pacific and Norfolk Southern, as both sides prepare for a regulatory battle over ...
MrTech on MSN5h

America's Biggest Railroads: Why They're Causing Major Disruptions in the Supply Chain

Once hailed as the backbone of U.S. freight transport, America’s largest railroads, Union Pacific, CSX, Norfolk Southern, and ...

Police investigate shots fired call at Norfolk shopping center

NORFOLK, Va. — Norfolk police were on the scene of a shots fired call at a local shopping center on Saturday evening. Police ...
WAVY Norfolk on MSN12h

Norfolk Southern to close Ingleside Road crossing

Norfolk Southern will be closing the railroad crossing at Ingleside Road on Monday. <a ...

Profits Drop at Warren Buffett's Berkshire Hathaway as It Writes Down Its Kraft Heinz Investment

Warren Buffett's company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on ...