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

Finance

Stocks making the biggest moves after hours: Micron, H.B. Fuller, Kratos Defense & Security Solutions and more

June 25, 2025

Check out the companies making headlines in after-hours trading. Micron – The maker of memory and storage products rose almost 4% after its fiscal third-quarter results topped analysts’ expectations. Micron posted adjusted earnings of $1.91 per share on $9.30 billion in revenue, while analysts surveyed by LSEG were calling for $1.60 per share and $8.87 […]

Finance

Stocks making the biggest moves midday: AeroVironment, BP, Flagstar, QuantumScape and more

June 25, 2025

Check out the companies making the biggest moves midday: AeroVironment — The defense contractor rallied more than 22% after reporting better-than-expected results for its fiscal fourth quarter. AeroVironment earned $1.61 per share, excluding certain items, on revenue of $275.1 million. Analysts polled by FactSet expected a profit of $1.38 per share on revenue of $241.5 […]

Finance

Watch Fed Chair Jerome Powell testify live before Senate banking panel

June 25, 2025

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell is back Wednesday on Capitol Hill, this time speaking to the Senate banking committee as part of his semiannual monetary policy testimony. In his remarks […]