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

New York CNN  —  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 … Read More

Warren Buffett is missing out on this year’s market comeback- QHN

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN  —  Warren Buffett is arguably … Read More

Retail sales surged in January by the most in almost two years- QHN

Minneapolis CNN  —  US retail sales surged in January by the most in almost two years, soaring by 3%, the Commerce Department reported Wednesday. Economists had anticipated sales would rise … Read More

Kazuo Ueda nominated to lead Japan’s central bank in possible move away from ultra-easy policy- QHN

Hong Kong CNN  —  The Japanese government has nominated Kazuo Ueda to lead its central bank, in a surprise move that could pave the way for the country to wind … Read More

Investors need to embrace these stocks that we love- QHN

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN  —  Many people don’t have … Read More

Gautam Adani will be playing defense for a while after mauling by Hindenburg- QHN

New Delhi CNN  —  Gautam Adani may have to be a very different kind of businessman now. The sprawling Adani Group, which he founded over 30 years ago, has established … Read More

Premarket stocks: Here’s what keeps Jerome Powell up at night and interest rates high- QHN

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of … Read More

Is the Fed ignoring long Covid in its inflation fight?- QHN

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of … Read More

Gautam Adani fails to calm investors over market mayhem that wiped out billions- QHN

New Delhi CNN  —  Indian billionaire Gautam Adani tried to reassure investors on Thursday after he abruptly abandoned his flagship firm’s $2.5 billion share sale. “For me, the interest of … Read More

CEOs take pay cuts after brutal 2022- QHN

New York CNN Business  —  Corporate boards are slashing the pay of some leading CEOs in a new trend that could just be getting started. The pay cuts are hitting … Read More