Norfolk Southern agrees to $310 million federal settlement about Ohio practice derailment

Norfolk Southern agrees to 0 million federal settlement about Ohio practice derailment


Important Details
  • Norfolk Southern has agreed to pay out $310 million to settle fees in excess of the East Palestine, Ohio, train derailment that occurred in February 2023, with the vast majority of that going to cleanup prices.
  • The company will pay out a $15 million great for alleged violations of the Clear Drinking water Act as element of the federal settlement.
  • Norfolk Southern is estimating it will spend $1.7 billion in whole charges linked with the incident.



Supply

Stocks making the biggest moves after hours: Chipotle, Advanced Micro Devices, Amgen and more
Finance

Stocks making the biggest moves after hours: Chipotle, Advanced Micro Devices, Amgen and more

Check out the companies making headlines in after-hours trading. Chipotle — Shares of Chipotle tumbled 6% after the fast-casual burrito chain reported that traffic to its restaurants declined for the fourth straight quarter . The company also projected flat same-store sales growth for 2026. To be sure, adjusted earnings and revenue for Chipotle’s fourth quarter […]

Read More
Bitcoin breaks below ,000 to lowest since November 2024 as heavy selling resumes
Finance

Bitcoin breaks below $73,000 to lowest since November 2024 as heavy selling resumes

Key Points Bitcoin dived below the $73,000 mark on Tuesday as investors have continued to rotate out of risk-on assets amid mounting geopolitical concerns. The world’s oldest cryptocurrency sank as low as $72,884.38, its lowest level since Nov. 6, 2024, when the token traded at $68,898. Source

Read More