The recent surge in private credit has raised a myriad of concerns, with one of the most prominent being the lack of experience in managing a widespread downturn. As the sector continues to grow, questions arise regarding the potential repercussions for borrowers during times of crisis. During JPMorgan’s Investor Day, Chairman and CEO Jamie Dimon
Finance
Norfolk Southern recently made headlines for agreeing to pay a hefty $310 million settlement to address a toxic train derailment that occurred in East Palestine, Ohio in February 2023. This agreement comes after facing charges related to the incident, including violations of the Clean Water Act. Settlement Details The bulk of the settlement, totaling around