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The $1.6 billion the city received from the sale of the 143-year-old Southern Railway to Norfolk Southern is in a trust fund.
Not long after a Norfolk Southern train derailed and caught fire in eastern Ohio in February 2023 the railroad started to repeat its promise that it would “make it right” in East Palestine ...
The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.