Small business confidence hit its lowest level in more than 11 years for March as proprietors worried that inflation is still very much a problem.At a time when other data points show inflation receding‚ the National Federation of Independent Business reported Tuesday thatits surveyshowed a reading of 88.5‚ down nearly a point from February and the lowest since December 2012.A quarter of all respondents reported that rising costs were the biggest problem.

More than 200 chemical plants across the country will be required to curb the toxic pollutants they release into the air under a regulation announced by the Biden administration on Tuesday.The regulation is aimed at reducing the risk of cancer for people living near industrial sites. This is the first time in nearly two decades that the government has tightened limits on pollution from chemical plants.The new rule‚ from the Environmental Protection Agency‚ specifically targets ethylene...

The company whose freight train derailed inEast Palestine‚ Ohio‚ causing a massive chemical spill last year has reached a $600 million settlement agreement with residents.Norfolk Southern on Tuesday announced an agreement in principle to resolve a class action lawsuit brought by residents and businesses impacted by the derailment. If accepted by the court‚ the settlement will provide financial payments to members of the community and includes a voluntary program to compensate...

Norfolk Southern has agreed to pay $600 million in a class-action lawsuit settlement for afiery train derailmentin February 2023 in eastern Ohio‚ but local residents worry the money wont go very far because their potential health needs down the road may be tremendous.Its not nowhere near my needs let alone what the health effects are going to be 5 or 10 years down the road‚ said Eric Cozza‚ who had 47 family members living within one-mile of the derailment.The settlement...

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