#Norfolk Southern Corp.

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Norfolk Southern probing CEO Alan Shaw over workplace relationship

Alan Shaw, CEO, Norfolk Southern Scott Mlyn | CNBC Norfolk Southern’s board is examining allegations that CEO Alan Shaw engaged in an inappropriate workplace relationship, according to three people familiar with the matter. The probe is in its early stages, and it is possible that no misconduct may be uncovered. The company is working with outside legal advisors on the probe, two of the people…

[freebrickproductions]

NS 362(?) through downtown Huntsville, AL this afternoon.

[reality-detective]

The top 10 railroad owners of the Norfolk Southern Corp... Blackrock and Vanguard 🤔

[leprivatebanker]

Analyst Report: Norfolk Southern Corp.

[fmarkets]

Norfolk'Southern'Corp'Sees''''''''Increase'Amid'Q'''''''Earnings'Season $NSC #spx #NYSE

Investors React to Positive Earnings Trends and Growth Potential at Norfolk Southern Corporation Norfolk Southern Corp Stock Highlights: A Mixed Bag in Q3 2024 In recent trading news, Norfolk Southern Corporation (NYSE: NSC) saw its stock price rise by 4.13%, marking an incremental yet significant gain for investors during the third quarter of 2024. This improvement, while certainly welcome, comes on the heels of a turbulent period for the company, which has faced a series of challenges that have impacted both its stock performance and public perceptio

[myweddingsandevents]

COLUMBUS, Ohio (AP) — Ohio’s governor and lieutenant governor have been drawn into a FirstEnergy Corp. investors lawsuit connected to the $60 million bribery scheme concocted by the Akron-based energy giant and a now-incarcerated House speaker.

Republican Gov. Mike DeWine received a subpoena for documents in the case dated Nov. 17, according to a copy provided to The Associated Press by his office on Tuesday and first reported by cleveland.com. His spokesperson, Dan Tierney, said the governor’s lawyers are reviewing the order.

It seeks any communications DeWine might have had with FirstEnergy, executives named in the lawsuit or Sam Randazzo, the state’s former top utility regulator, that related to former House Speaker Larry Householder’s efforts to secure power, to the tainted $1 billion nuclear bailout legislation Householder championed in exchange for the bribes, and to a host of other related topics.

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Lt. Gov. Jon Husted, also a Republican, received a similar subpoena on the same date — and, according to a court filing Monday, is scheduled to be deposed in the case sometime between Feb. 28 and March 19.

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“We’re aware of the civil investor lawsuit against FirstEnergy,” Husted spokesperson Hayley Carducci said in an email. “The Lt. Governor has already provided public records pertaining to this, and we will continue to comply as we have done in the past. There’s no new information to disclose.”

The civil lawsuit is distinct from a separate, ongoing criminal case, in which Householder, lobbyist Matt Borges and two others have been convicted. A fifth man charged died by suicide in 2021. Householder was sentenced to 20 years in prison, and Borges received five.

Tierney said no one in the DeWine administration has ever been subpoenaed or identified as under investigation in the criminal probe.

Nor has Randazzo, the governor’s pick for the powerful chairmanship of the Public Utilities Commission of Ohio, whose Columbus townhome was searched by the FBI in November 2020.

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As chair of the commission, Randazzo held immense sway over the fortunes of FirstEnergy and other investor-owned utilities.

During his confirmation hearing for the job, he testified before a state Senate committee that he was asked before DeWine and Husted took office on Jan. 14, 2019, to forgo plans to retire to Naples, Florida, where he owned an expensive waterfront home, and to return to government at the utility commission.

He specified during the confirmation hearing that Husted and Laurel Dawson, DeWine’s then-chief of staff, were among those who helped recruit him. DeWine disregarded cries of alarm from consumer and environmental advocates at the time, as well as pleas from GOP insiders concerned about Randazzo’s selection, the AP first reported in December 2020.

When he was Ohio House speaker in 2007, Husted appointed Randazzo to the Public Utilities Commission Nominating Council and the two were allies in thwarting renewable and alternative energy mandates proposed by then-Democratic Gov. Ted Strickland and opposed by a coalition of utilities led by FirstEnergy.

[lboogie1906]

Admiral Joseph Paul Reason (born March 22, 1941, in DC) was Commander in Chief of the US Atlantic Fleet (1996-99). He was a naval aide to President Jimmy Carter. He became the first African-American officer in the Navy to become a four-star admiral.

The son of Joseph Reason, a professor of romance languages and director of libraries at Howard University, and Bernice, a high school teacher of biology. He became interested in the Naval Reserve Officer Training Corps but was not selected although he ranked second out of 300 applicants. He spent his freshman year at Swarthmore College, his sophomore year at Lincoln University, and his junior year at Howard University. Congressman Charles Diggs, Jr. contacted him and encouraged him to apply to the Naval Academy. He reported to Annapolis as a midshipman and graduated with a BS in naval science and a commission as an ensign. He married Dianne Lillian Fowler (1965) in the Naval Academy Chapel. They have a son and a daughter. His son, Joseph Paul Jr. is a graduate of the Academy. the first African American father and son to complete their undergraduate study.

He served as an operations officer in USS J. Douglas Blackwood (DE-219), before attending the Naval Nuclear Power School at United States Naval Training Center Bainbridge. He entered the Naval Postgraduate School and earned an MS in Computer Systems Management.

He retired from active duty in 1999.

He was VP for ship systems at SYNTEK Technologies, Inc. He became president and COO, and vice chairman of Metro Machine Corp.

He has been a director of Amgen, Inc., Norfolk Southern Corporation, Wal-Mart Stores, Inc., and Todd shipyards, as well as a member of the Oak Ridge Associated Universities, and the National War Powers Commission. He was appointed to a four-year term as a member of the Secretary of the Navy’s Advisory Subcommittee on Naval History. #africanhistory365 #africanexcellence #sigmapiphi

[apieinvestavimapaprastai]

Norfolk Southern Corp Stock Analysis

Norfolk Southern Corp specializes in transporting raw materials, intermediate products, and finished goods by rail in the southeastern

https://www.aipt.lt/norfolk-southern-corp-stock-analysis/

[bbnewsin125]

US President Biden criticized railroad operator Norfolk Southern during his trip to East Palestine, Ohio, a year after a toxic derailment of the company's train plunged the small community into a health and environmental crisis #bbnewsinternational #corp #trendingnews #newsoftheday #newsupdates #newsmedia #newsdaily #newsroom #internationaleditor www.bbnewsin.com

[metamoonshots]

[ad_1] CSX Corp. has reached an settlement for paid sick depart with the Brotherhood of Railroad Signalmen, the railroad firm introduced Thursday. The settlement was ratified with the Seaboard Coast Line department of the union, CSX CSX, -0.11% mentioned in a press release, including that the settlement covers practically 400 staff. CSX shares rose 0.8% Thursday, in contrast with the S&P 500’s SPX decline of 0.2%. Associated: Derailments, paid sick leave loom over railroad earnings reports “We worth the onerous work and dedication of the Brotherhood of Railroad Signalmen and all our staff who hold our operations operating easily,” CSX CEO Joe Hinrichs mentioned in a press release. “This settlement displays our ongoing dedication to enhancing the worker expertise, making certain our group members have the assist they want.” Within the assertion, Gus Dermott, common chair of the Seaboard Coast Line union department, mentioned: “Our union labored lengthy and onerous throughout the collective bargaining course of to safe paid sick depart for our members and to make sure that the advantages are tailor-made to the wants of signalmen and their explicit working circumstances.” Paid-sick-leave agreements with rail unions have been within the spotlight because the situation pushed the trade to the brink of a strike final 12 months. Earlier this 12 months, CSX reached agreements with the Brotherhood of Upkeep of Method Employes Division, the Brotherhood of Railway Carmen, the Worldwide Affiliation of Machinists and Aerospace Employees, the Nationwide Convention of Firemen & Oilers, the Worldwide Brotherhood of Electrical Employees and the Sheet Metallic, Air, Rail and Transportation Employees-Transportation Division unions, protecting 1000's of railroad staff, in keeping with the Jacksonville-based firm. Associated: CSX set to boost rail network performance, say analysts In whole, CSX has executed 10 agreements offering for paid sick depart, together with the Brotherhood of Railroad Signalmen settlement. The railroad firm companions with 12 main nationwide rail labor unions. CSX instructed MarketWatch that greater than 70% of the corporate’s union-represented workforce has some type of paid sick depart underneath the collective agreements. “The agreements and different current modifications in insurance policies show CSX’s dedication to persevering with to work with its staff and their representatives to enhance the work expertise throughout the group,” a spokesperson mentioned. Additionally on Thursday Norfolk Southern Corp. NSC, -1.35% and the Brotherhood of Railway Signalmen introduced a partnership to create new program known as the Sign Security Collaboration. The one-year pilot program establishes a collaborative course of for joint inspections, info sharing and coaching  to boost sign security. Norfolk Southern’s inventory fell 0.3% Thursday. CSX shares have fallen 0.2% in 2023, and Norfolk Southern’s inventory is down 17.7%, in contrast with the S&P 500’s acquire of 12.2%. [ad_2]

[strokes-of-everything]

Also, because I’m now very pissed off after reading, “Train CEO is a Republican.”

First off, there is no ~train CEO.~ There is a CEO of Norfolk Southern, the company. That man has made zero political contributions since becoming CEO. Nada. Zilch.

Norfolk Southern has contributed less than $30k to Gov. DeWine and Lt. Gov. Gusted since 2018. They have donated $11,500 across six other political figures in Ohio since 2018. The company has also donated $4.5k to Democrat campaigns in Ohio since 2018.

Source, since, you know, your original post doesn’t have any.

If people want to be mad at someone about this?

Be mad at Vanguard and BlackRock. Be mad at Warren Buffet. Demand they be held accountable. Why? Because the US Government has violated its own anti-trust laws to allow Gates, Buffett, and two other private investors to gain a monopoly on Class I railroads in the US.

But Herman Haksteen, president of the Private Railcar Food and Beverage Association (PRFBA), suggests there is an investor monopoly as well among the Class I railroads. In examining filings from the Securities and Exchange Commission, Haksteen found four major institutional investors each own between 20% and 21% of three of the Class I railroads: Union Pacific (NYSE: UNP), CSX (NASDAQ: CSX) and Norfolk Southern (NYSE: NSC).

“Let’s go through the examples. To start with, BNSF (NYSE: BRK) was purchased outright by Berkshire Hathaway in 2010. BNSF is only influenced by their single institutional owner. So that now is Warren Buffett. He is the one who has the only influence over BN that really matters, right? If he tells Katie Farmer, BNSF’s CEO, that he wants her to increase prices by 20%, Katie can say, well, let’s put that to a yes-or-no vote. That’s it. So, BNSF is influenced by no one other than their owner.”

What about the other Class I railroads, like Norfolk Southern?

“Here’s the shocker — and this was a shocker to me. It’s the same four companies that are the passive investors. These are the biggest institutional investors in this country. These four have the same percentage ownership influence over the three railroads that are supposed to be competitors. I’m not making any accusations, but the same biggest investors are going to the annual shareholder meetings and board meetings of the three competitive railroads. How does that make sense? It makes great sense for the railroads because, again, they’re shielded by this 20% vote, but I don’t think it makes sense for the public’s interest.”

Warren Buffet is a Democrat.

In 2022, 57% of Vanguard PAC donations went to Democrats.

Source: OpenSecrets.org

Larry Fink, the CEO of BlackRock, is a Democrat.

I am literally begging you all to realize you’re being played by Liberals in Government in all aspects of politics.

This wasn’t Republicans. This wasn’t Trump.

This was Democrat railroad monopolists getting the SEC to violate anti-trust laws and said monopolists getting restrictions lifted because they have a chokehold on train transport in the United States.

Republicans are the party of deregulation and increased hazardous accidents.

Republicans despise prevention.

Republicans reflex is to blame others.

Surprised they are not blaming antifa or Faucci for the train accident they legislated.

[austinturnel]

Famous Festival Culture In Virginia

The city possesses a great culture and vibe. Why not come and experience it yourself? Book a cheap flight to Virginia and Lowest Flight Fares come see for yourself.

1.Neptune Festival, Virginia Beach, VA Every September, King Neptune reigns over all of Virginia Beach. The annual Neptune Festival is a social gathering of the city’s “sea faring heritage presenting seafood, arts and crafts, and entertainment.” This free pageant consists of stay music, arts and craft stalls, the worldwide sand sculpting competition, and the annual wine festival. People from all over the world go to to snatch an Orange Crush and pay their regards to the King.

2.Virginia International Tattoo Festival, Norfolk, VA The Virginia International Tattoo pageant “has turn out to be famend as the most patriotic of the world’s Great Tattoos.” The identify can be a bit misleading. You won’t locate gnarly ink tattoo artists strutting their stuff at this pageant (although they’re welcome to be a part of in on the festivities). Norfolk has the world’s biggest naval base, so you can solely think about the pageantry of such an event. But why think about when you can journey it for yourself? Come go to ancient Norfolk in late April for this world-renowned fest.

3.East Coast Surfing Championships, Virginia Beach, VA Coastal Edge and Vans sponsors the annual East Coast Surfing Championships each August. One of many principal expert browsing events, lots of surfers come to Virginia Beach to compete for “East Coast browsing titles, prizes, history, and the sheer love of surfing.” Other festivities, which includes seaside sports, swimsuit contests, and stay song spherical out the show. Surf’s up, dude.

4.Oceana Air Show, Virginia Beach, VA Southern Virginia is army country, and the Oceana Air Show is some other tribute to the sturdy army records and generational delight that permeates Virginians young and old. This annual air exhibit takes area on the Oceana Naval Base and aspects the U.S. Navy Blue Angels. The Blue Angels are world well-known as “positive position fashions and goodwill ambassadors for the U.S. Navy and Marine Corps.” Other performers encompass Rob Hollad, the GEICO Skytypers, Scott “Scooter Yoak, and Bill Leff. Don’t understand the names?

All you want to recognize is that the grace, power, and exhilaration of flight is all on show at this annual celebration. It’s nicely well worth the trip.

5.Richmond Folk Festival, Richmond, VA The Richmond Folk Festival celebrates the creative spirit of Virginia. Last year, the pageant attracted 125,000 humans to take in the worldwide music, food, and way of life on full display. Come experience this free match each October in the state’s capitol.

6.Virginia Film Festival, Charlottesville, VA The Virginia Film Festival is a four-day social gathering of Virginia’s special filmic history. Guest speakers, such as “Breaking Bad” creator and Virginia native Vince Gilligan, frequently headline. Make positive to take a look at out their internet site for a full list of movies displaying so you can precise graph out your time.

7.Virginia Highlands Festival, Abingdon, VA Every summer, historical Abingdon, Virginia, hosts the Virginia Highlands Festival. Founded in 1949, the Festival now celebrates the subculture and artwork of the whole Southwest Virginia region. Enjoy the antiques market, the Celtic celebration, the juried arts and crafts, performing arts, photography, and childhood and teen events, all whilst taking in the herbal splendor of the surrounding area. A exceptional summer season pageant for household contributors of all ages.

[worldspotlightnews]

Norfolk Southern reaches new paid sick leave deal as it contends with derailment fallout

A Norfolk Southern Corp. engine car moves through the Lamberts Point coal transloading facility in Norfolk, Virginia, on Wednesday, March 17, 2010. Andrew Harrer | Bloomberg | Getty Images Norfolk Southern said Wednesday it agreed to provide up to seven paid sick days per years for members of the International Brotherhood of Boilermakers and Blacksmiths. The deal provides Norfolk Southern’s…

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<b>Trump's</b> Ohio Visit Puts Spotlight on Rail-Safety Rules He Ended - Bloomberg

New Post has been published on https://www.google.com/url?rct=j&sa=t&url=https://www.bloomberg.com/news/articles/2023-02-22/trump-s-ohio-visit-prompts-review-of-his-own-rail-safety-record&ct=ga&cd=CAIyGjUzM2UwMTY5ZmFhZTIwMGQ6Y29tOmVuOlVT&usg=AOvVaw2wVpbJNX9IUn7787qbiZ9Q

Trump's Ohio Visit Puts Spotlight on Rail-Safety Rules He Ended - Bloomberg

Donald Trump visited the small Ohio town reeling from the toxic fallout of a Norfolk Southern Corp. train derailment in the hope of capitalizing …