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* Norfolk Southern Corp. said it will eliminate as many as 2,000 management and union employees, or 6% of its work force, as the U.S. economy slows. The railroad company also will cut its dividend 70% to 6 cents a share March 10.

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* FedEx Corp. said it’s extending package pickup times by up to three hours on business days for customers using its express service, effective Feb. 26. A $15 premium will be charged above the rates for Priority Overnight and FedEx International Priority for the new Federal Express service.

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