Rail cars scarce in oil boom

Lease rates jump; Icahn sees profits

Posted: January 5, 2013 at 3:33 a.m.

Warren Buffett and Carl Icahn are reaping the benefits of surging demand for railroad tank cars to haul shale oil from beyond the reach of existing pipelines.

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Business, Pages 25 on 01/05/2013


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FDA starts on food-safety rules

Workers harvest lettuce in California’s Salinas Valley. A regulatory proposal issued Friday by the Food and Drug Administration requires produce farms with a “high risk” of contamination to create new hygiene, soil and temperature controls.

A federal food-safety law passed two years ago after poisonings sickened hundreds of Americans is being implem... Read »

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Stations change hands in LR

Mission Broadcasting Inc. of Brecksville, Ohio, completed the $60 million cash purchase of two Little Rock television stations Thursday. Read »