3. Norfolk Southern CEO faces senators
Norfolk Southern CEO Alan Shaw is set to testify at 10 a.m. ET before a Senate panel as he and his railroad company continue to clean up an environmental, political and public relations mess. Lawmakers have said they want to know more about the early February derailment of a Norfolk Southern train carrying hazardous chemicals through eastern Ohio. Shaw intends to tell lawmakers that he's "deeply sorry" for the derailment and that the company is working to "make it right," according to prepared remarks. While Shaw and officials have said it's safe to return to East Palestine, the town most affected by the disaster, residents and cleanup workers have reported rashes, sore throats and other illnesses. No fatalties have been reported.
4. WWE's gambit
As odd as it may sound – gambling on scripted matches – people do bet on pro wrestling outcomes. But that part of the gambling world hasn't gotten an official blessing from the biggest dog on the wrestling block, the WWE. Until now. CNBC's Alex Sherman reported Wednesday that Vince McMahon's World Wrestling Entertainment has held talks with regulators in Michigan and Colorado about legalized bets on certain scripted matches. How would it work? It's complicated, but sources say WWE is arguing it could be like betting on the Oscars, in which results are known by a few people before winners are announced but are otherwise under lock and key. It's a tough sell for regulators and gambling companies alike, to be sure. Colorado's gambling authority told CNBC late Wednesday, hours after the story broke, that it wasn't considering the idea.
5. Russian airstrikes hammer Ukraine
Russia resumed its wave of airborne terror on Ukraine, firing 81 missiles at cities such as Kyiv and Odesa in the early morning hours Thursday, according to Ukrainian officials. The barrage included six hypersonic missiles, which are too fast for Ukraine to intercept, the officials said. Kyiv's mayor said 40% of the capital's residents were without heat as a result of the attack. Elsewhere in Ukraine, the Zaporizhzhia nuclear power plant – the largest in Europe – has gone into "blackout mode." Follow live war updates.
— CNBC's Mike Calia wrote this newsletter. Hakyung Kim, MacKenzie Sigalos, Noah Sheidlower, Alex Sherman and Holly Ellyatt contributed.
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