Norfolk Southern to pay $600M in Ohio derailment settlement

Yahoo Finance Video
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Norfolk Southern (NSC) announced on Tuesday that the company will pay $600 million to settle the East Palestine, Ohio train derailment lawsuit. The judge presiding over the case must give final approval before the settlement is resolved. Norfolk Southern still faces a Department of Justice suit accusing the company of violating the Clean Water Act.

Yahoo Finance Anchors Josh Lipton and Julie Hyman discuss the company's earnings and market reactions to the settlement.

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Editor's note: This article was written by Nicholas Jacobino