Norfolk Southern profit slumps, takes $163 million charge on Ohio derailment

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Norfolk Southern profit slumps, takes $163 million charge on Ohio derailment
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The derailment of one of its freight trains carrying hazardous materials in February led to a lawsuit by the U.S. Justice Department seeking to ensure that...

Train rests near the Universith of North Carolina's energy generation plant after delivering coal in Chapel Hill

To add to its worries, inflationary pressures and higher borrowing costs have reduced consumer demand for goods, driving down freight volume hauled by rail and contracting profits despite price hikes. 'Probably the best use of cash': Warren Buffett likes businesses that dole out dividends — but he absolutely loves it when they do this instead. 3 'share cannibals' to watch now

'This makes me so mad': Kevin Hart, Mark Cuban regret passing on the chance to invest in this multibillion-dollar company in its early stages — here's why it haunts them to this day

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