Union Pacific and Norfolk seek merger to create first transcontinental railroad
Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S.
Watch CBS News
Union Pacific is seeking to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S.
Warren Buffett announced Saturday he would step down as CEO of Berkshire Hathaway at the end of the year.
Warren Buffett said he will recommend to Berkshire Hathaway's board that Greg Abel should become CEO at the end of the year.
Buffett has given away billions of dollars in Berkshire Hathaway stock since 2006 as part of his pledge to donate 99% of his wealth in his lifetime.
The price of bitcoin took a dive after Warren Buffett renewed his criticism of the cryptocurrency — even comparing it to rat poison.
Upsets in the opening weekend of the NCAA men's basketball tournament ensured that no Berkshire Hathaway employee would claim Warren Buffett's big prize of $1 million a year for life.
Former Detroit Lion and current Miami Dolphin Ndamukong Suh is an extraordinary football player as well as a savvy business man.
The Wall Street Journal detailed how Suh - "the NFL's secret finance nerd" - has carefully cultivated relationships with businessmen.
More than 60 local business owners graduated Thursday from Goldman Sachs' 10,000 Small Businesses program and were cheered on by some high-profile people.
A years-long legal fight between Parks' heirs and her friends led to the memorabilia being removed from her Detroit home and offered up to the highest bidder.
Berkshire Hathaway also boosted its stake in Wal-Mart and DirecTV, while reducing holdings in Kraft Foods, Intel and Proctor and Gamble.
The Michigan State University Board of Trustees voted to negotiate a new contract with President Kevin M. Guskiewicz that would nearly double his compensation.
From classic cruisers to new memories still being made, the Woodward Dream Cruise remains a celebration of Michigan's automotive culture.
If you are planning a road trip for Memorial Day weekend, remember that the cost of gas this year is noticeably higher than last year.
President Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
Detroit police say a 14-year-old is recovering from a gunshot wound after an altercation downtown.
Wind gusts up to 60 mph, large hail, heavy rainfall and an isolated tornado are possible Monday in Southeast Michigan.
If you are planning a road trip for Memorial Day weekend, remember that the cost of gas this year is noticeably higher than last year.
Detroit police say a 14-year-old is recovering from a gunshot wound after an altercation downtown.
The Detroit Police Department says it's working to promote "safe and responsible behavior" after over 100 juveniles were detained during two large gatherings in Detroit on Saturday night.
Officials in Berkley, Michigan, are investigating after around 100 pamphlets with antisemitic content were found in the area on Saturday, according to the city's Department of Public Safety.
From classic cruisers to new memories still being made, the Woodward Dream Cruise remains a celebration of Michigan's automotive culture.
If you are planning a road trip for Memorial Day weekend, remember that the cost of gas this year is noticeably higher than last year.
Michigan is demanding repayment of $35 million from the American Center for Mobility, a key player in autonomous vehicle development.
A bipartisan bill introduced in Washington, D.C., by Michigan Congresswoman Debbie Dingell and Congressman John Moolenaar would prohibit the importation, manufacture or sale of Chinese cars in the United States.
Michigan's average diesel price on Sunday is $6 — the highest ever recorded by the American Automobile Association.
The Library of Congress revealed this year's list of 25 recordings to be preserved for future generations on the National Recording Registry.
With summer not far behind, the city of Detroit is preparing for the highly anticipated 2026 Ford Fireworks next month.
Motown may be Detroit's most famous sound, but it's far from the only one.
Gene Simmons visited Detroit Rock City to celebrate the grand opening of a restaurant co-founded by him and his Kiss bandmate Paul Stanley.
The moon music tradition started more than 50 years ago, NASA said as it shared the Artemis II crew's playlist this week.
President Trump had accused the Treasury Department and IRS of unlawfully allowing a government contractor to leak his tax returns and those of his sons and company.
The World Health Organization this week declared the Ebola outbreak in Congo and Uganda a "public health emergency of international concern."
Sunday's win at Aronimink Golf Club in Newtown Square, Pennsylvania, is only his second PGA tour victory, after winning the 2024 Wyndham Championship.
The Senate's rulemaker delivered a blow to GOP plans to fund security for President Trump's overhaul of the East Wing of the White House.
Ronda Rousey used her signature armbar to stop Gina Carano just 17 seconds into a comeback bout between the two MMA fighters.
Two Michigan health systems and Detroit Public Schools are getting $86.4 million in grants from the Federal Emergency Management Agency for costs that were needed to respond to the COVID-19 pandemic, the agency said.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Teen tobacco use in Michigan is rising again, prompting calls for increased prevention spending.
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
Sunday's win at Aronimink Golf Club in Newtown Square, Pennsylvania, is only his second PGA tour victory, after winning the 2024 Wyndham Championship.
The Detroit Tigers were defeated by the Blue Jays 4-1 on Sunday after Toronto's Vladimir Guerrero Jr. homered and scored twice, and Kevin Gausman pitched six shutout innings.
A Michigan community college student will be the first female welder to represent the United States at a worldwide competition described as the Olympics of the skilled trades.
The Detroit Pistons and Cleveland Cavaliers will square off for Game 7 of their playoff series on Sunday night with a trip to the Eastern Conference finals on the line.
Ronda Rousey used her signature armbar to stop Gina Carano just 17 seconds into a comeback bout between the two MMA fighters.
This week on Michigan Matters, the roundtable talks about the governor's race and the impact of former Detroit Mayor Mike Duggan.
The roundtable discusses the impact of rising gas prices and friction at the federal level with Canada and the U.S., and how it affects tourism.
Life Directions has been helping guide and mentor young people in Detroit.
Robert Costa, the award-winning national correspondent for CBS Sunday Morning and chief Washington analyst for CBS News, talks about Michigan's role in this critical midterm election.
Diallo Smith, CEO of Detroit nonprofit Life Remodeled, talks about its new opportunity hub on the east side of Detroit called Anchor Detroit.
For more than 30 years, the iconic Woodward Dream Cruise has drawn thousands of automotive enthusiasts to Southeast Michigan every August.
Officials in Berkley, Michigan, are investigating after around 100 pamphlets with antisemitic content were found in the area on Saturday, according to the city's Department of Public Safety.
President Trump said Sunday that "the Clock is Ticking" for Iran, warning that "there won't be anything left of them" if Iranian leaders do not "get moving, FAST." Natalie Brand reports.
Former Michigan Gov. Rick Snyder talks about politics playing out in the state he once led, prospects for the opening of the Gordie Howe International Bridge, and doing business with China on this Sunday's edition of Michigan Matters.
The World Health Organization has declared the Ebola outbreak in Congo and Uganda a public health emergency of international concern.