Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in ...

Wall Street chugged mostly higher in premarket trading as Chinese and U.S. officials begin a second day of trade talks.

The deal, which would build first coast-to-coast freight rail, could take up to two years to complete amid scrutiny.

Union Pacific Corp. is acquiring Norfolk Southern Corp. in an $85 billion deal, the companies announced Tuesday, a merger they said will create America's first transcontinental railroad.