CNBC

...extremely difficult for a competitor to build a new railroad. "They do it in a cost-effective way and extraordinarily environmentally friendly way," Buffett told CNBC on Tuesday. "I basically believe this country will prosper and you'll have...

In this article: Warren Buffett, Coal, United States, Burlington Northern Santa Fe Corp., Union Pacific, Burlington, and Soybean

...side, Buffett has famously opposed the practice. But in this case, he did it, he told CNBC, to give small Burlington Northern investors the same tax break that large holders would get. This is an interesting deal for us whale-watchers --...

In this article: Warren Buffett, Coal, Berkshire Hathaway, U.S., China, Chewing gum, and E mail

...percent in cash and 40 percent in stock. Berkshire deals historically have almost never used stock, but Mr. Buffett told CNBC that Burlington Northern wanted a tax-free component for its shareholders. Shares in Burlington Northern, which...

In this article: Berkshire Hathaway, Warren E. Buffett, Coal, BNSF, United States, Recession, and Goldman Sachs

...diesel prices rise, shipping by rail instead of truck will become more attractive. "It's a very effective way of moving goods," Buffett told CNBC Tuesday. "I basically believe this country will prosper and you'll have more people moving...

In this article: Warren Buffett, BNSF, Recession, Burlington Northern Santa Fe Corp., ConocoPhillips, General Electric Co, United States, and Competitive advantage

The deal came together quickly. "I made (BNSF Chief Executive Officer Matt Rose) an offer and he said he would take it to his board and it took about 15 minutes," Buffett told CNBC television. "We won't be making any huge deals for a...

In this article: Warren Buffett, BNSF, Berkshire Hathaway, Coal, Union Pacific Corp., Revenue, United States, Thomson Reuters, and Norfolk Southern Corp