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...They include employees of the largest carriers in North America, such as Union Pacific, CSX and BNSF, a business owned by Warren Buffett’s Berkshire Hathaway....
...Companies operating in the area will abide by mainland law but can enter civil and commercial contracts under both legal jurisdictions....
...Instead, Buffett directed Berkshire to pump much of the cash that the company’s various businesses — which span insurer Geico, BNSF Railway and the Dairy Queen ice cream chain — were generating in 2020 and...
...Brian Cornell, chair and chief executive, warned that “consumers are showing increasing signs of [financial] stress”....
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...As ever, get in touch with Imani (imani.moise@ft.com) or me (sid.v@ft.com) with thoughts for new articles. Happy reading!...
...Once successful for his industrial and railway work, only a few small buildings survive, including his green shelters for cab drivers — there is one rather battered version outside the V&A....
...The company has also changed at the top....
...His takeover of LWT in 1994 turned Granada into Britain’s biggest commercial TV company....
...Of particular note is the great work by BNSF and Union Pacific, which have reduced the rail backlog in half in the last month and by two-thirds over the last two months....
...Then in March 2020 the Northern franchise was seized from Arriva, part of German state-owned railway company Deutsche Bahn, raising questions about the sustainability of the franchise system....
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