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The Latest Breaking News from Norfolk Southern

IRS decides people who got money from Norfolk Southern after Ohio derailment won't be taxed on it

Most people who received money from Norfolk Southern in the wake of last year’s fiery train derailment in eastern Ohio won’t have to pay taxes on millions of dollars in aid payments after all

The Independent UK

Norfolk Southern Reaches 0 Million Settlement For Train Derailment

0 million settlement reached with Norfolk Southern for Ohio train derailment, including cleanup costs and community health program.

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Norfolk Southern agrees to $310m settlement over 2023 East Palestine derailment

Settlement for disaster that resulted in plumes of toxic chemicals in Ohio town includes funds for cleanup costs

The Guardian - US

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Norfolk Southern will pay modest $15 million fine as part of federal settlement over Ohio derailment

The federal government agreed to a modest $15 million fine for Norfolk Southern over last year’s disastrous derailment in East Palestine, Ohio

The Independent UK

Norfolk Southern agrees to $1B in settlements for East Palestine - Roll Call

Norfolk Southern Corp. on Thursday agreed to spend $1 billion to settle lawsuits over a 2023 derailment in East Palestine, Ohio.

Roll Call

Judge signs off on $600 million Ohio train derailment settlement but residents still have questions

A federal judge has signed off on the $600 million class action settlement over last year's disastrous Norfolk Southern derailment in eastern Ohio, but many people who live near East Palestine are still wondering how much they will end up with out of the deal

The Independent UK

How Does Activist Investing Impact Stocks?

Activist investing uses equity stakes in public companies to enact change. Here's how that can have an impact on stocks.

Kiplinger

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Norfolk Southern CEO Defends Strategy Amid Investor Disagreement

Norfolk Southern's Q1 earnings report reveals profit decline and strategic debate over CEO Shaw's leadership.

Top News

Labor Union Supports Norfolk In Proxy Battle Against Ancora

A labor union backs Norfolk Southern in a proxy battle against Ancora Advisors, influencing the corporate showdown.

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Norfolk Southern Settlement Addresses East Palestine Derailment Concerns

Learn about the 0 million settlement for the 2023 East Palestine derailment, addressing community concerns and promoting railway safety.

Top News

Asian Markets Mixed Ahead Of U.S. Inflation Update

Asian shares show mixed performance; U.S. stocks quiet. Markets await economic reports and inflation updates.

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Norfolk Southern will pay $600 million to settle East Palestine derailment lawsuit

Norfolk Southern has agreed to settle a class-action lawsuit stemming from the fiery train derailment in East Palestine, Ohio in early 2023.

WEKU

Norfolk Southern Train Collision Highlights Automated Braking System Shortcomings

Learn about the limitations of the positive train control system highlighted by a recent Pennsylvania train collision.

Top News

Norfolk Southern Solely Responsible For Cleanup After Train Derailment

Federal judge rules Norfolk Southern solely responsible for Norfolk Southern Solely Responsible For Cleanup After Train Derailment.1 billion Ohio train derailment cleanup costs.

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NTSB Criticizes Ohio Officials For Controlled Burn After Train Derailment

NTSB criticizes response to Ohio train derailment, highlighting lack of information and communication failures.

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Norfolk Southern Freight Train Derails In Bethlehem, Pennsylvania

Norfolk Southern freight train derails in Bethlehem, PA, prompting cleanup efforts and cautionary measures.

Top News

Norfolk Southern Train Derails In Bethlehem, Pennsylvania

Norfolk Southern train derails in Bethlehem, Pennsylvania, causing cars to fall off tracks. No injuries or leaks reported. Authorities investigating the cause.

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Norfolk Southern Urged To Prioritize Safety Amid Investor Activism

Norfolk Southern urged to prioritize safety amidst investor activism for long-term success.

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Biden pledges action after toxic derailment in East Palestine, Ohio

President Biden visits East Palestine after Norfolk Southern train derailment, promising support. Residents urge more action on Rail Safety Act. Lobbying s...

WEKU

Biden visits East Palestine a year after a train derailment changed the Ohio town

Biden had promised to visit soon after the derailment. He has faced criticism from some residents and from former President Donald Trump, who made a trip to the community shortly after the disaster.

Top News

President Biden announces grants for research on toxic train derailment

This content discusses President Biden's visit to East Palestine, Ohio, following a toxic train derailment disaster, and the ongoing concerns about water s...

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President Biden to visit East Palestine, Ohio after train derailment

President Biden's visit to East Palestine, Ohio comes over a year after a train derailment. Questions arise about the purpose and timing of his visit.

Roll Call

Biden's trip to East Palestine could amplify campaign message - Roll Call

President Joe Biden will visit East Palestine, Ohio, Friday afternoon, nearly a year after the tragic Norfolk Southern train derailment.

Top News

President Biden to Visit Ohio to Address Train Derailment

President Joe Biden is set to travel to East Palestine, Ohio, on Friday, marking his first visit to the site where a Norfolk Southern train derailed and caused a hazardous chemicals spill a year ago. The White House announced on Saturday that the president's visit aims to ensure that both…

WEKU

A year after Ohio derailment, U.S. freight trains remain largely unregulated

ProPublica reporter Topher Sanders has spent the last two years investigating America's aging freight train system. He says the FRA monitors "less than 1% of what's happening on the rails."

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