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Burlington Northern
The Burlington Northern Railroad was a United States-based railroad company formed from a merger of four major U.S. railroads. Burlington Northern operated between 1970 and 1996. Its historical lineage begins in the earliest days of railroading with the chartering in 1848 of the Chicago and Aurora Railroad, a direct ancestor line of the Chicago, Burlington and Quincy Railroad, which lends Burlington to the names of various merger-produced successors. Burlington Northern acquired the Atchison, Topeka and Santa Fe Railway on December 31, 1996, to form the Burlington Northern and Santa Fe Railway (later renamed BNSF Railway), which was owned by the Burlington Northern Santa Fe Corporation. That corporation was purchased by Berkshire Hathaway in 2009 which is controlled by investor Warren Buffett. History The Burlington Northern Railroad was the product of the merger of four major railroads: the Great Northern Railway, the Northern Pacific Railway, the Spokane, Portland and Seat ...
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GE U33C
The GE U33C is a 6-axle diesel-electric locomotive built by GE Transportation Systems between January 1968 and January 1975. 375 examples of this locomotive were built for 11 North American railroads and one construction contractor. Original owners References * External links * Thompson, J. David. GE U33C Original Owners
'. General Electric locomotives, U33C C-C locomotives Diesel-electric locomotives of the United States Railway locomotives introduced in 1968 Freight locomotives Standard gauge locomotives of the United States Southern Pacific Railroad locomotives Atchison, Topeka and Santa Fe Railway locomotives Milwaukee Road locomotives Great Northern Railway (United States) locomotives Northern Pacific Railway locomotives Locomotives of Southern Railway (U.S.) {{diesel-loco-stub ...
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Chicago And Aurora Railroad
The Chicago and Aurora Railroad was an early predecessor of the Chicago, Burlington and Quincy Railroad that built a line from West Chicago to Mendota via Aurora, Illinois. History The Illinois General Assembly chartered the Aurora Branch Railroad on February 12, 1849, to build a branch of the Galena and Chicago Union Railroad to Aurora, which it opened on September 2, 1850. The company was renamed Chicago and Aurora Railroad on June 22, 1852, and given expanded powers to extend from Aurora to a point north of LaSalle; this extension, to Mendota, was completed on October 20, 1853. Another amendment, passed February 28, 1854, authorized the company to build east from Aurora to Chicago via Naperville, and changed its name to Chicago and Southwestern Railroad. The latter provision was never acted upon, and was repealed by an act of February 14, 1855, which instead changed the name to Chicago, Burlington and Quincy Railroad (CB&Q). The Aurora-Chicago line was opened on May 20, 1 ...
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California Zephyr
The ''California Zephyr'' is a passenger train operated by Amtrak between Chicago and the San Francisco Bay Area (at Emeryville), via Omaha, Denver, Salt Lake City, and Reno. At , it is Amtrak's longest daily route, and second-longest overall after the ''Texas Eagle's'' triweekly continuation from San Antonio to Los Angeles, with travel time between the termini taking approximately 51 hours. Amtrak claims the route as one of its most scenic, with views of the upper Colorado River valley in the Rocky Mountains, and the Sierra Nevada. The modern train is the second iteration of a train named ''California Zephyr''; the original train was privately operated and ran on a different route through Nevada and California. During fiscal year 2019, the ''California Zephyr'' carried 410,844 passengers, a decrease of 1.8% over FY2018. The train had a total revenue of $51,950,998 in FY2016, an increase of 6.5% over FY2015. History Previous service Prior to the 1971 creation of Amtrak, ...
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Powder River Basin
The Powder River Basin is a geologic structural basin in southeast Montana and northeast Wyoming, about east to west and north to south, known for its extensive coal reserves. The former hunting grounds of the Oglala Lakota, the area is very sparsely populated and is known for its rolling grasslands and semiarid climate. The basin is both a topographic drainage and geologic structural basin, drained by the Powder River, Cheyenne River, Tongue River, Bighorn River, Little Missouri River, Platte River, and their tributaries. The major cities in the area include Gillette and Sheridan, Wyoming and Miles City, Montana. In 2007, the region produced 436 million short tons (396 million tonnes) of coal, more than twice the production of second-place West Virginia, and more than the entire Appalachian region. The Powder River Basin is the largest coal-producing region in the United States. The region includes the Black Thunder Coal Mine, the most productive in the United States, ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Railroad And Bank Building
The Railroad and Bank Building at 176 E. 5th Street in St. Paul, Minnesota, renamed Great Northern Building in 2019, was the largest office building in the Upper Midwest from its completion in 1914 until 1973. For most of its existence, it was the headquarters of the business empire created by 19th century railroad entrepreneur James J. Hill. The building is the work of architect Charles Sumner Frost and is a contributing property of the St. Paul's Lowertown Historic District. After the decline of the railroads in the United States, the building has been used as leased office space with some retail operations on the lower floors. Background Railroad magnate James J. Hill was the majority owner of the Great Northern Railway since he and a group of investors purchased the predecessor company in the late 1870s. Hill took control of the Northern Pacific Railway, a competing line, around 1900. Hill and J. P. Morgan, tried to merge the two railroads in 1895 and again in the early ...
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Northern Securities Co
Northern may refer to the following: Geography * North, a point in direction * Northern Europe, the northern part or region of Europe * Northern Highland, a region of Wisconsin, United States * Northern Province, Sri Lanka * Northern Range, a range of hills in Trinidad Schools * Northern Collegiate Institute and Vocational School (NCIVS), a school in Sarnia, Canada * Northern Secondary School, Toronto, Canada * Northern Secondary School (Sturgeon Falls), Ontario, Canada * Northern University (other), various institutions * Northern Guilford High School, a public high school in Greensboro, North Carolina Companies * Arriva Rail North, a former train operating company in northern England * Northern Bank, commercial bank in Northern Ireland * Northern Foods, based in Leeds, England * Northern Pictures, an Australian-based television production company * Northern Rail, a former train operating company in northern England * Northern Railway of Canada, a defunct railway in On ...
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Supreme Court Of The United States
The Supreme Court of the United States (SCOTUS) is the highest court in the federal judiciary of the United States. It has ultimate appellate jurisdiction over all U.S. federal court cases, and over state court cases that involve a point of federal law. It also has original jurisdiction over a narrow range of cases, specifically "all Cases affecting Ambassadors, other public Ministers and Consuls, and those in which a State shall be Party." The court holds the power of judicial review, the ability to invalidate a statute for violating a provision of the Constitution. It is also able to strike down presidential directives for violating either the Constitution or statutory law. However, it may act only within the context of a case in an area of law over which it has jurisdiction. The court may decide cases having political overtones, but has ruled that it does not have power to decide non-justiciable political questions. Established by Article Three of the United States ...
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Sherman Antitrust Act
The Sherman Antitrust Act of 1890 (, ) is a United States antitrust law which prescribes the rule of free competition among those engaged in commerce. It was passed by Congress and is named for Senator John Sherman, its principal author. The Sherman Act broadly prohibits 1) anticompetitive agreements and 2) unilateral conduct that monopolizes or attempts to monopolize the relevant market. The Act authorizes the Department of Justice to bring suits to enjoin (i.e. prohibit) conduct violating the Act, and additionally authorizes private parties injured by conduct violating the Act to bring suits for treble damages (i.e. three times as much money in damages as the violation cost them). Over time, the federal courts have developed a body of law under the Sherman Act making certain types of anticompetitive conduct per se illegal, and subjecting other types of conduct to case-by-case analysis regarding whether the conduct unreasonably restrains trade. The law attempts to prevent ...
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Northern Securities Company
The Northern Securities Company was a short-lived American railroad trust formed in 1901 by E. H. Harriman, James J. Hill, J.P. Morgan and their associates. The company controlled the Northern Pacific Railway; Great Northern Railway; Chicago, Burlington and Quincy Railroad; and other associated lines. It was capitalized at $400 million, and Hill served as president. The company was sued in 1902 under the Sherman Antitrust Act of 1890 by the Justice Department under President Theodore Roosevelt, one of the first antitrust cases filed against corporate interests instead of labor. The government won its case, and the company was dissolved, so that the three railroads again operated independently. Hill was the president of the Great Northern Railway and Harriman controlled the Union Pacific Railroad, two of the largest railroads in the U.S. Both sought control of the Burlington to connect their roads to the vital railroad hub of Chicago, Illinois. Hill, who also had a minority inte ...
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James J
James is a common English language surname and given name: *James (name), the typically masculine first name James * James (surname), various people with the last name James James or James City may also refer to: People * King James (other), various kings named James * Saint James (other) * James (musician) * James, brother of Jesus Places Canada * James Bay, a large body of water * James, Ontario United Kingdom * James College, a college of the University of York United States * James, Georgia, an unincorporated community * James, Iowa, an unincorporated community * James City, North Carolina * James City County, Virginia ** James City (Virginia Company) ** James City Shire * James City, Pennsylvania * St. James City, Florida Arts, entertainment, and media * ''James'' (2005 film), a Bollywood film * ''James'' (2008 film), an Irish short film * ''James'' (2022 film), an Indian Kannada-language film * James the Red Engine, a character in ''Thomas the Tank En ...
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Warren Buffett
Warren Edward Buffett ( ; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net worth of over $100 billion as of November 2022, making him the world's sixth-wealthiest person. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in 1947 before transferring to and graduating from the University of Nebraska at 19. He went on to graduate from Columbia Business School, where he molded his investment philosophy around the concept of value investing pioneered by Benjamin Graham. He attended New York Institute of Finance to focus his economics background and soon after began various business partnerships, including one with Graham. He created Buffett Partnership, Ltd in 1956 and his firm eventually acqui ...
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