Bloomberg Business

US Stocks Notch Moderate Gains to Start the Week: Markets Wrap

US stocks ended Monday with modest gains after fluctuating for the final stretch of the trading session as investors attempted to come to terms with Federal Reserve policy that could remain restrictive for longer than previously expected.

Norfolk Southern CEO Pledges Quick Removal of Ohio Derailment Waste

Norfolk Southern Corp.’s leader said the railroad will begin tearing up tracks in East Palestine, Ohio, on March 1 and removing contaminated soil as pressure grows to stem the fallout from a derailment that spilled toxic chemicals across the rural town.

AMC Stock Soars as Hearing Risks Delaying APE Conversion

AMC Entertainment Holdings Inc. common stock surged 23% after a Delaware court said it will hold a preliminary injunction hearing on April 27, signaling a highly anticipated conversion between the shares and preferred units may take longer than expected.

Man United Rout Deepens to 23% as Valuation Debate Rages

A slide in Manchester United Plc’s shares deepened Monday, leaving the English Premier League club’s stock nearly a quarter below the record high set this month as the bidding war for the iconic football team drags on.

Brazil’s Bolsonaro Set to Join Trump at Conservative Gathering

Former Brazilian President Jair Bolsonaro — who has spent the last two months in the US — is scheduled to speak at this week’s Conservative Political Action Conference as he faces investigations back home after riots by supporters who refused to accept his election defeat.

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