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Josh Funk

Josh Funk

Fortune

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Military labs identify soldiers decades after they died in World War II

The forensic anthropologists, medical examiners and historians who work together to identify lost soldiers are in a race against time as remains...

27.05.2024 10

Fortune

Josh Funk

Bird flu has been found in beef for the first time, but USDA says it didn’t enter the food supply

Finding bird flu in beef is a new development for the outbreak, which began in 2022.

25.05.2024 10

Fortune

Josh Funk

Norfolk Southern will pay $15 million fine as part of Ohio derailment settlement—but some residents feel it's not enough

Many East Palestine residents feel this settlement doesn’t do nearly enough to a company that just reported a $527 million profit in the fourth...

24.05.2024 20

Fortune

Josh Funk

Norfolk Southern's $600 million derailment settlement signed off by judge

Many residents question whether the deal will provide enough compensation once the money is divided up.

23.05.2024 60

Fortune

Josh Funk

New training rules for train dispatchers and signal repairmen aim to improve rail safety after disastrous East Palestine derailment

FRA Administrator Amit Bose said railroads are concerned about safety, but too often only do the minimum required as they try to control costs.

21.05.2024 50

Fortune

Josh Funk

Fallout from Alaska Airlines blowout continues as key Boeing supplier is laying off 450 workers because production has slowed

Spirit is Boeing's most important supplier on the 737s because it makes fuselages and installs door plugs like the one that flew off the plane.

17.05.2024 60

Fortune

Josh Funk

Whistleblower says EPA tried to backdate documents and altered reports in Norfolk Southern train crash: 'I think they chose not to know.'

The East Palestine train derailment was handled differently than the 180 other times a government plane has been deployed after an accident since...

15.05.2024 90

Fortune

Josh Funk

An auction for a private lunch with Marc Benioff raises $1.5 million in his first year replacing Warren Buffett, who netted $19 million for his final auction

The weeklong eBay auction that raises money for the Glide Foundation in San Francisco wrapped up Friday night.

12.05.2024 70

Fortune

Josh Funk

South Dakota Gov. Kristi Noem is banned from nearly 20% of her own state as fight with Native American tribes heats up

Two more tribes banished her this week over comments she made earlier this year about tribal leaders benefitting from drug cartels.

12.05.2024 20

Fortune

Josh Funk

Norfolk Southern shareholders elect 3 directors nominated by activist, while CEO keeps job

Ancora Holdings had nominated seven directors as part of a bid to take control of the railroad’s 13-member board and overhaul its operations.

09.05.2024 20

Fortune

Josh Funk

Warren Buffett saw an AI deepfake video of him that was so good he says he could imagine it tricking him into sending money overseas

“As someone who doesn't understand a damn thing about it, it has enormous potential for good and enormous potential for harm and I just don’t know...

06.05.2024 40

Fortune

Josh Funk

Warren Buffett changed the succession plan by saying Greg Abel will run Berkshire's investments, even though he's never been a stock picker

Buffett said because Abel understands businesses so well, he also understands stocks.

06.05.2024 40

Fortune

Josh Funk

Warren Buffett's Berkshire Hathaway sells 100 million Apple shares as cash pile and operating profit surge

Berkshire's investment in the iPhone maker is still the biggest one in the $364 billion portfolio at $135.4 billion.

04.05.2024 50

Fortune

Josh Funk

Berkshire board member blesses Buffett's successor but warns—'he's not going to be as entertaining as Warren and Charlie'

“Greg is not somebody who is going to be as likely to create the kind of following in the press that I think Warren has had,” longtime board...

03.05.2024 30

Fortune

Josh Funk

Activist investors aiming to take over Norfolk Southern gain momentum

But CEO Alan Shaw said he believes he still has the support of most of the railroad's workers, investors and customers.

30.04.2024 10

Fortune

Josh Funk

Marc Benioff replaces Warren Buffett in private lunch auction for California charity that raised $53 million

One past auction winner now works for Buffett after spending $5.3 million two lunches.

10.04.2024 70

Fortune

Josh Funk

Norfolk Southern settles fiery Ohio derailment class action lawsuit for $600 million

The company said that the agreement, if approved by the court, will resolve all class action claims within a 20-mile radius from the derailment.

09.04.2024 10

Fortune

Josh Funk

EPA never declared a public health emergency after fiery 2023 Norfolk Southern derailment that spilled and burned toxic chemicals in Ohio

The contamination concerns were exacerbated by the decision to blow open five tank cars filled with vinyl chloride and burn that toxic chemical...

03.04.2024 9

Fortune

Josh Funk

Buttigieg is scolding railroads for not doing enough to improve safety after fiery 2023 Ohio derailment: 'The rate should be going down—and fast'

He said too often regulators encounter resistance when trying to get the industry to do more to improve safety.

13.03.2024 10

Fortune

Josh Funk

Norfolk Southern has to pay for cleanup of fiery Ohio train derailment all by itself, federal judge rules

The decision threw out the railroad's claim that the companies that made chemicals that spilled and owned tank cars that ruptured should share the...

08.03.2024 10

Fortune

Josh Funk

Warren Buffett on markets' 'casino-like' behavior, avoiding snake-oil salesmen and when Charlie Munger told him he made a big mistake

“He told me – correctly! – that I had made a dumb decision in buying control of Berkshire. But, he assured me, since I had already made the...

25.02.2024 9

Fortune

Josh Funk

Warren Buffett tells Berkshire investors to ignore 4Q's $37.6 billion profit, pays tribute to Charlie Munger in annual letter

In his annual letter to investors, Buffett paid tribute to Charlie Munger and warned not to listen to Wall Street pundits or FA's who urge frequent...

24.02.2024 20

Fortune

Josh Funk

Norfolk Southern is first big U.S. freight railway to let workers use anonymous federal safety hotline

About 1,000 engineers and conductors will soon be able to report safety concerns anonymously through a federal system without any fear of discipline.

30.01.2024 40

Fortune

Josh Funk

'Old habits die hard': Aging mobster comes clean on 'final score' to steal Judy Garland's $1 million-valued ruby slippers

An old mob associate led him to believe the "Wizard of Oz" props had real jewels to justify their $1 million insured value, court documents show.

21.01.2024 50

Fortune

Josh Funk

'This program was always a temporary one': Norfolk Southern spent over $21 million to relocate Ohioans displaced by fiery crash but that's ending

“We’ll continue keeping our promises and listening to the community,” Norfolk Southern CEO Alan Shaw insisted about East Palestine, Ohio.

07.12.2023 8

Fortune

Josh Funk

Buffett's Berkshire bribery battle with billionaire Haslam family set for trial after January

A judge said if Berkshire wanted a decision on its bribery claims in January it would have to forego requesting additional evidence and limit the...

05.12.2023 5

Fortune

Josh Funk

Truck-stop billionaire's lawyer calls bribery claims from Warren Buffett's Berkshire Hathaway a 'wild invention'

The Haslams and Berkshire are accusing each other of manipulating Pilot's earnings to affect the price for the family's remaining 20% stake.

04.12.2023 10

Fortune

Josh Funk

An Ohio egg farm is slaughtering over 1.3 million chickens because it's nervous bird flu spread throughout the flock

Iowa — the nation's largest egg producing state — has been hit the hardest in this outbreak, with nearly 17.3 million birds killed.

27.11.2023 10

Fortune

Josh Funk

Union Pacific’s hazmat shipping processes under the microscope as toxic acid explosion in Nebraska remains unresolved

The explosion highlighted not only potential problems at the sprawling railyard but also the national rail network's reliance on everyone involved in...

24.11.2023 10

Fortune

Josh Funk

Nearly 1 million chickens will be slaughtered on a Minnesota farm. The reason: bird flu

In 2022, nearly 58 million birds were slaughtered to deal with the virus, contributing significantly higher egg and turkey prices. Will this year be a...

08.11.2023 20

Fortune

Josh Funk

Norfolk Southern's fiery Ohio derailment made railroad safety an issue. Now the NTSB says the automatic braking system needs to be improved

Railroads spent 12 years and roughly $15 billion on the automatic braking system after Congress required it in 2008 in the wake of a collision in...

02.11.2023 7

Fortune

Josh Funk

Warren Buffett lieutenant Charlie Munger gives $40 million in stock to Southern California museum

A decade ago, he gave nearly $33 million worth of Berkshire stock to the same museum.

06.10.2023 2

Fortune

Josh Funk

CSX too focused on profits to invest in safety, says rail union after worker’s death 

Railroads are “gambling with safety” with the way they use remote control trains, say union leaders.

06.10.2023 10

Fortune

Josh Funk

Union Pacific sued by U.S. government and former employees over flawed vision test used to disqualify color blind railroad workers

The suit announced Monday by the Equal Employment Opportunity Commission on behalf of 21 former workers is the first the government filed in what...

03.10.2023 1

Fortune

Josh Funk

CVS is promising to boost hiring after overworked pharmacists don’t show up, but longterm solution to worker shortage is elusive

Pharmacists in at least a dozen Kansas City-area CVS pharmacies did not show up for work last Thursday and Friday.

28.09.2023 10

Fortune

Josh Funk

Biden to federal government: Hold Norfolk Southern accountable for the East Palestine derailment

Biden's executive order still stopped short of declaring a disaster on the fiery crash of destructive chemicals in East Palestine, Ohio.

21.09.2023 1

Fortune

Josh Funk

Norfolk Southern to pay Ohio town residents for any lost home value after a train crash and resulting health worries decimated the local economy

Some critics say the railroad should be doing more to address those health concerns instead of worrying so much about economic recovery in the area.

19.09.2023 1

Fortune

Josh Funk

Railroad union says 'enough is enough' after remote-controlled train crushes worker to death over the weekend

"CSX — and every railroad — must evaluate their use of these supposed technological advancements,” union head Artie Maratea said.

18.09.2023 6

Fortune

Josh Funk

Explosion at the world’s largest railyard in Nebraska released heavy toxic smoke that led to evacuations

An explosion occurred inside an intermodal container on a railcar at Union Pacific's Bailey Yard in North Platte.

15.09.2023 10

Fortune

Josh Funk

The Fed's top railroad cop just wrote to Union Pacific saying spot checks found defects were twice the national average this summer

With poor compliance, Amit Bose wrote, "UP was unwilling or unable to take steps to improve the condition of their equipment."

11.09.2023 5

Fortune

Josh Funk

Federal inspectors warn of ‘significant risk to rail safety’ after reporting alarming number of Union Pacific defects

Federal Railroad Administrator Amit Bose questioned whether layoffs had left UP without enough people to complete repairs.

10.09.2023 4

Fortune

Josh Funk

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