
"Norfolk Southern Reaches $600M Settlement for Ohio Train Derailment"
Norfolk Southern has reached a $600 million settlement to resolve all class-action lawsuits within 20 miles of its 2023 East Palestine, Ohio, derailment that spilled hazardous chemicals. The settlement, if approved, will provide compensation for individuals and businesses affected by the spill, with additional compensation for residents within 10 miles of the derailment. Despite the settlement, some residents still report health problems, and several class-action lawsuits claim the company has not done enough to remediate the area. Norfolk Southern's shares fell 2% in premarket trading following the news.








