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The federal government agreed to a $15 million fine for Norfolk Southern over last year's disastrous derailment in East Palestine, Ohio, and the railroad promised to pay more than $500 million to ...
WASHINGTON (Reuters) -U.S. railroad operator Norfolk Southern has agreed to pay $600 million to settle a class action lawsuit over a February 2023 East Palestine, Ohio train derailment that ...
Norfolk Southern CEO Alan Shaw was fired for cause by the railroad’s board for “engaging in a consensual relationship with the ... For more CNN news and newsletters create an account at CNN.com.
Norfolk Southern operates in 22 states and is valued at more than $57 billion. As of midday Monday, its shares were up $3.50, or 1.4%, at $253.50. Over the last 18 months, Shaw has faced pressure ...
Norfolk Southern CEO Alan Shaw, at center, prepares to speak at the Senate hearing on improving rail safety in response to the East Palestine, Ohio train Derailment on, March 22, 2023.
Norfolk Southern has reached a $600 million settlement that, if approved by a court, will resolve all class-action lawsuits within 20 miles of its 2023 East Palestine, Ohio, derailment that ...
Norfolk Southern has agreed to a $600 million settlement to resolve class action lawsuits filed after a freight train derailed in East Palestine, Ohio, spilling toxic chemicals into the community.
Shaw began with Norfolk as a cost systems analyst in 1994, rising through its ranks to become CEO in May of 2022. Harris trying to flip North Carolina, Trump unsure about debate rematch Rare 1787 ...