Union Pacific Corp

Berkshire's Cash Pile Shines as Inflation Fuels Investor Demand

Berkshire Hathaway's Class B shares gained 1.4% Tuesday, driven by inflation data that highlights the value of its massive cash and short-term Treasury position.

Markets 4d ago

Venture Global Soars 16% on Strong 2026 Guidance and New LNG Deals

Venture Global shares jumped 16% after the company boosted its 2026 earnings guidance and announced new LNG supply agreements with TotalEnergies and Vitol.

Markets 4d ago

Union Pacific Warns It May Walk Away From $85 Billion Norfolk Southern Deal Amid Regulatory Hurdles

Union Pacific may drop its $85 billion Norfolk Southern merger if regulators require major line sales or trackage rights. The STB is reviewing the revised application.

Regulation May 4

Greg Abel Takes the Helm at Berkshire Hathaway's Annual Meeting

Greg Abel will lead Berkshire Hathaway's annual meeting on May 2, facing investor scrutiny over the company's $373B cash pile and underperformance.

Markets Apr 25

Norfolk Southern Faces Headwinds from Fuel Costs and Merger Uncertainty

Norfolk Southern reported a 27% drop in Q1 net income to $547 million, weighed by higher fuel costs and merger expenses. Shares slipped 0.5% as investors focused on cost pressures and weak freight volumes.

Earnings Apr 24

Industrial Stocks Rally on Softer Inflation Data

U.S. industrial stocks rose Friday after a cooler-than-expected inflation report eased interest rate concerns. The Industrial Select Sector SPDR Fund (XLI) climbed 0.8%.

Markets Feb 14

Exelon's PECO Faces Union Safety Probe Amid Leadership Shakeup

IBEW Local 614 filed a petition with Pennsylvania regulators seeking an investigation into PECO's maintenance practices, citing damaged poles and equipment, as new interim CEO Mike Innocenzo takes the helm.

Regulation May 1

Western Union Q1 Profit Plunges 48%, Digital Growth Fails to Offset Retail Drag

Western Union's Q1 profit sank 48% to $64.7M, missing estimates, as retail remittance weakness offset digital gains. Revenue was flat at $982.7M.

Earnings Apr 24

American Airlines Stock Holds Steady Amid Union Pressure, CPI Data Awaited

American Airlines stock remained flat near $14.05 in premarket trading as labor unions intensified pressure on management, with a key inflation report due.

Markets Feb 13

American Airlines CEO Faces Union Rebuke as Shares Decline Amid Labor Tensions

American Airlines stock dropped after its flight attendants' union issued a rare no-confidence vote against CEO Robert Isom, highlighting labor friction as the carrier grapples with operational and profitability challenges.

Markets Feb 9