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Norfolk Southern's stock price, which soared after Ancora announced its campaign to oust Shaw, immediately fell after the results of the vote were announced. It was trading down more than 4% at ...
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 ...
Under the deal, Norfolk Southern will add another independent director to its board and work to further improve its operations. Ancora, meanwhile, agreed to drop its nominations of four new board ...
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, 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 says there’s no way to save that much in a year without laying off about 2,900 workers. The railroad said it believes the steps Ancora has outlined would only save about $400 ...
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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.