Norfolk Southern is probing allegations that CEO Alan Shaw had an inappropriate workplace relationship, people familiar with the matter told CNBC.
Boeing reached a labor deal with a union representing about 33,000 of its workers, preventing a potentially costly strike.Dow Jones Industrial Average fell 2.9%. Investors will be watching this week for inflation data, which could help to determine how large of a rate cut the Federal Reserve makes at its policy meeting later this month. The central bank is widely expected to trim its target rate by at least a quarter of a percentage point. The consumer price index due Wednesday and producer price index set for Thursday will help shape the Fed's decision., three people familiar with the matter told CNBC.
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