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CSX lays off 67

JACKSONVILLE, Fla. — CSX Corp., the parent company of Jacksonville’s CSX Transportation, laid off 67 workers in five different departments and announced that it wouldn’t fill 135 vacant positions, the Florida Times-Union reported. Forty of the...

Snow nomination could speed CSX moves

JACKSONVILLE, Fla. — The nomination of CSX Corp. Chairman John Snow to be Treasury secretary should hasten the move of CSX’s headquarters to the First Coast, the Florida Times-Union reported. Snow, 63, who was scheduled to retire from CSX in 2004, was...

Man believed killed by train after catching ride

WILLARD, Ohio — According to the Sandusky Register, a 48-year-old man was found dead on CSX Transportation railroad tracks Sunday morning in Willard, police and railroad officials said. CSX spokesman Dan Murphy said the man’s body was found in the Willard...

Body found At CSX rail yard

JACKSONVILLE, Fla. — Investigators are trying to identify the remains of a person found at the CSX rail yard by an employee Sunday evening, according to WJXT News4Jax.com. Police said they were called to the facility off North McDuff Avenue in Northwest...

Former CEO comes with some baggage

WASHINGTON — Just like Paul H. O’Neill, the man he expects to replace as Treasury secretary, John W. Snow has been chosen for President Bush’s Cabinet after heading a major U.S. corporation and serving in a top executive-branch job in the Ford...

Lucrative years as C.E.O., despite average performance

NEW YORK — John W. Snow was paid more than $50 million in salary, bonus and stock in his nearly 12 years as chairman of the CSX Corporation, the railroad company. During that period, the company’s profits fell, and its stock rose a bit more than half as...

A pragmatist at Treasury

WASHINGTON — John W. Snow, the railroad executive President Bush has chosen to be his next secretary of the Treasury, is a pragmatic business executive who once campaigned vociferously to place top priority on balancing the budget rather than on cutting taxes,...

Nominee tackles his first day as economic salesman

WASHINGTON — The New York Times reports that President Bush named John W. Snow as the next Treasury secretary, and Mr. Snow quickly took up the mantle of chief economic salesman by reaching out to lawmakers as the administration prepares to send Congress new...

Bush said to pick chief of CSX for Treasury job

WASHINGTON — According to the New York Times, John W. Snow, chairman of the CSX Corporation, has emerged as President Bush’s choice to replace Paul H. O’Neill as Treasury secretary, a person with ties to the administration said tonight. Mr. Snow is...

Highway closes after coal train derails

NEWBERRY, S.C. — A train derailed near Newberry early Thursday, dumping coal on U.S. 76 and forcing officials to close the highway for most of the day, according to the (Columbia, S.C.) State. At about 12:10 a.m., 20 cars on the train derailed, two of them...