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Norfolk Southern is paying $6.5 million to derailment victims. Meanwhile, it's shelling out $7.5 billion for shareholders

3 years 7 months ago
Norfolk Southern CEO Alan Shaw pledged Tuesday the freight railroad will spend $6.5 million to help those affected by the release of toxic chemicals from its derailment nearly three weeks ago in East Palestine, Ohio. But in a plan released earlier this year, the company said it's planning to spend more than a thousand times that amount — $7.5 billion — to repurchase its own shares in order to benefit its shareholders.

Russia's economy is hurting despite what Putin says

3 years 7 months ago
When Russia launched its full-scale invasion of Ukraine one year ago, Western countries hit back with unprecedented sanctions to punish Moscow and pile pressure on President Vladimir Putin. The aim: to deal an economic blow so severe that Putin would reconsider his brutal war.

Trump leadership PAC spent more than $16 million on legal services in 2022

3 years 7 months ago
Donald Trump's leadership PAC spent more than $16 million on legal services in 2022, according to a tally of the Save America PAC distributions through the end of December. The number represents a massive set of bills from lawyers at a time when the former president faces multiple criminal inquiries, lawsuits and other challenges.
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