Norfolk Southern urged to reject Ancora takeover bid
Norfolk Southern asks shareholders to back current management and reject Ancora Holdings eight board nominees. The railroad named two new NSB members and defends its operational and safety focus after the East Palestine derailment costs. Ancora counters with plans to run the railroad and questions efficiency.
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Markets ease after record run as Berkshire hits mixed day
Wall Street held near record highs with the S&P 500 down 0.4 percent to 5069.53 and the Dow 0.2 percent lower at 39069.23 while Nasdaq slid 0.1 percent to 15976.25. Berkshire Hathaway fell after Buffett warned against overhangs and urged patience.
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