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You Searched For "railroads" and got 20 results


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4 mins read

Kelsey Vlamis   


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2 mins read

All aboard the moon train: DARPA is trying to figure out how to build a lunar railroad

A concept for a moon surface railway is being developed, potentially transporting people, supplies,…

Marianne Guenot   


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1 min read

The Baltimore bridge collapse will put a dent in a 28-million-ton coal-exporting operation, EIA says

The Port of Baltimore is the second-largest exporting hub of coal in the US. It accounted for 28% o…

Aruni Soni   


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2 mins read

Russia is pouring billions into rail-system upgrades as trade with China surges

Russia plans to spend $4 billion on improved railroad connections with China, given rising trade ti…

Filip De Mott   


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2 mins read

Warren Buffett's cash mountain grows to record $168 billion as Berkshire Hathaway struggles to find bargains

Warren Buffett's Berkshire Hathaway grew its cash pile by about $60 billion in 15 months as the val…

Theron Mohamed   


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3 mins read

Jeremy Grantham says the AI bubble will burst and take the stock market down with it. Here are his 14 best quotes from an event this week.

Jeremy Grantham warned of a huge real estate bubble, predicted stocks would disappoint for a decade…

Theron Mohamed   


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2 mins read

Berkshire Hathaway Class A shares top $600,000 for the first time as Warren Buffett's conglomerate edges toward $1 trillion milestone

Berkshire Hathaway is racing Eli Lilly to become the first $1 trillion US company that is not a tec…

Matthew Fox   


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3 mins read

The epic stock rally will end badly, the AI bubble will burst, and the economy will sink, warns elite investor Jeremy Grantham

Stocks are super expensive and set to disappoint, the AI craze is overblown, and the US economy is …

Theron Mohamed   


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1 min read

Ukraine predicted where Russia would reroute trains after it blasted the railroad connecting Russia and China, and then attacked again, report says

A Ukrainian official told the BBC they had preempted the China train diversion, and Russians fell i…

Alia Shoaib   


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1 min read

Ukraine set off 4 explosive devices on a freight train operating on the only major railroad connecting Russia and China: report

The train was struck while crossing a tunnel in the republic of Buryatia, the only railway line bet…

Thibault Spirlet   


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1 min read

Protesting the Ukraine war is banned in Russia, so young people are sabotaging trains and railroad tracks instead: UK intel

"Sabotage continues to appeal to a minority of young people as a method of protest against" Moscow'…

Natalie Musumeci   


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2 mins read

Warren Buffett's Berkshire Hathaway agrees to buy insurer Alleghany for nearly $12 billion

"Berkshire will be the perfect permanent home for Alleghany, a company that I have closely observed…

Shalini Nagarajan,Theron Mohamed   


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2 mins read

US stocks fall as jobless claims drop and railroad union deal averts strike

Weekly jobless claims fell for a fifth straight week last week to 213,000, below economist estimate…

Matthew Fox   


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2 mins read

Railroad stocks rise as tentative deal averts planned labor strike by thousands of rail workers

The Association of American Railroads estimated a labor strike by thousands of workers could have c…

Carla Mozée   


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1 min read

Elon Musk's SpaceX is reportedly eyeing a 2024 IPO for its Starlink internet satellite business

Starlink, which sends internet access to Earth from satellites, could see around $10 billion in bus…

Phil Rosen   


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2 mins read

Republicans want to shred Amtrak funding as the railroad plans a historic Sunbelt and Western expansion

The 2021 bipartisan infrastructure bill sent unprecedented sums to Amtrak to upgrade and expand its…

Eliza Relman   


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1 min read

Billionaire investor Bill Ackman reveals a $1.2 billion bet on Canadian Pacific Railway

Ackman's Pershing Square hedge fund has exposure to 14.8 million shares of the railroad company thr…

Theron Mohamed   


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3 mins read

Warren Buffett thinks railroads will be his firm's key asset in 100 years, while Cathie Wood calls it a 'bad idea'

"I'll venture a rare prediction: BNSF [Railway] will be a key asset for Berkshire and our country a…

Matthew Fox   


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3 mins read

Expand the 'Magnificent 7' to include Warren Buffett's Berkshire Hathaway, investment chief says

Buffett's Berkshire would help diversify the group of tech stocks, and it has the cash and investin…

Theron Mohamed   


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3 mins read

The Dow's transportation index is ringing alarm bells about the broader stock market

The trend is worrying because transportation stocks are viewed as a leading indicator for both the …

Matthew Fox