Profit plummets at Buffett's company on investment gains
Warren Buffett’s company reported a third-quarter profit that was roughly one-third the amount of last year’s profit because of much smaller paper gains on the value of its investments, but most of its businesses were continuing to recover from the effects of the pandemic.
Ted Turner to give land to nonprofit but keep paying taxes
Media mogul and billionaire bison rancher Ted Turner is donating an 80,000-acre ranch he owns in western Nebraska to a nonprofit agriculture ecosystem research institute and says he might do the same with four other ranches in Nebraska’s Sand Hills.
Nebraska death sentences continue despite no execution drugs
Nebraska prosecutors have been successful in getting death sentences for convicted murderers, but as the state adds to its death row population, many who oversee the state's capital punishment largely ignore the fact that Nebraska has no lethal injection drugs and very likely won’t get any for years, if ever.
States sue Biden in bid to revive Keystone XL pipeline
Committee Ranking Member Sen. Joe Manchin, D-WVa., speaks during a hearing to examine the nomination of former Gov. – Attorneys general from 21 states on Wednesday sued to to overturn President Joe Biden’s cancellation of the contentious Keystone XL oil pipeline from Canada. Led by Ken Paxton of Texas and Austin Knudsen of Montana, the states said Biden had overstepped his authority when he revoked the permit for the Keystone pipeline on his first day in office. Construction on the 1,200-mile (1,930-kilometer) pipeline began last year when former President Donald Trump revived the long-delayed project after it had stalled under the Obama administration. Joe Manchin of West Virginia and Jon Tester of Montana.
Family of boy killed by alligator at Disney World urges organ donation
This Oct. 2, 2015 photo provided by the Lane Thomas Foundation shows Lane Thomas Graves, in Omaha, Neb. (Lane Thomas Foundation via AP)OMAHA, Neb. Matt and Melissa Graves created the Lane Thomas Foundation after their son was killed by an alligator in 2016. Lane Thomas Graves was playing on a beach outside Disney’s Grand Floridian Resort and Spa in June 2016 when an alligator grabbed him and dragged him into the lake. “The Lane Thomas Foundation is amazing to help these families that are going through organ donation to not worry about financials.
Denver's airport reopens after powerful winter storm
The storm system, fueled by moisture from the Gulf of Mexico, had moved out of the region and into northeastern Nebraska by Monday, said Evan Direnzo, a meteorologist for the weather service in Boulder. Denver's airport runways were closed just before noon on Sunday due to blowing snow and poor visibilities and some stranded passengers spent the night at the airport. AdIn Wyoming, the National Weather Service warned that driving would remain dangerous for the next several days there because of slick and snow covered roads. Classes were also called off at Colorado State University in Fort Collins and the University of Colorado’s main campus in Boulder. In the Denver metro area, all bus routes were suspended but limited train service was operating, including from downtown’s Union Station to the airport.
Up to 3 feet of snow: Potentially historic storm expected on the Front Range this weekend
ORLANDO, Fla. – It’s going to feel like early summer in Central Florida this weekend, but winter will rage on out west. Weekend winter stormThe heaviest snow is expected to fall in the Front Range of the Rockies over the weekend. As much as 3 feet of snow could fall in this area. Isolated higher amounts could even be possible as this storm slowly lifts into the Upper Midwest late in the weekend. This part of the country certainly receives its fair share of snow, but amounts like these will be historic to parts of the Front Range.
Warren Buffett's fortune tops $100B as his stock soars
FILE - In this May 5, 2019, file photo Warren Buffett, Chairman and CEO of Berkshire Hathaway, speaks during a game of bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Neb. Investor Buffett's fortune surged above $100 billion Wednesday, March 10, 2021, when shares of his company hit a record high at over $400,000 apiece. – Investor Warren Buffett's fortune surged above $100 billion Wednesday when shares of his company hit a record high at over $400,000 apiece. Buffett's fortune, which is mostly tied to his ownership of 248,734 Class A shares, topped $101 billion at the stock's peak Wednesday. Amazon's Jeff Bezos is listed as the world's richest man with a $179.6 billion fortune.
Judge says railroad talks should be included in lawsuits
FILE- In this July 31, 2018, file photo a Union Pacific train travels through Union, Neb. – A federal judge has ruled that the details of conversations between the nation's four largest railroads should be included in lawsuits challenging billions of dollars of charges the railroads imposed in the past. The lawsuits say the railroads conspired to boost prices starting in 2003 by imposing coordinated fuel surcharges and pocketing billions of dollars in profits. In the lawsuits, the railroads have argued that their fuel surcharges were legal and were simply designed to recover the skyrocketing cost of fuel at the time. Union Pacific, which is based in Omaha, Nebraska, plans to continue “vigorously defending itself against the allegations in these lawsuits,” spokeswoman Elizabeth Graham said.
The Latest: Anchorage opens up after COVID-19 drop, vaccines
Plastic surgeon Daniel Suver receives the Pfizer-BioNtech COVID-19 vaccine from Andrea Castelblanco during a vaccine clinic on Wednesday, Dec. 16, 2020, at Providence Alaska Medical Center in Anchorage, Alaska. Anchorage is averaging about 60 new COVID-19 cases a day, said Dr. Janet Johnston, the epidemiologist for the Anchorage Health Department. More than 90 million doses of the AstraZeneca COVID-19 vaccine will be produced in Japan. Ad___SACRAMENTO -- California reported its second-highest number of COVID-19 deaths — while the rates of new coronavirus infections and hospitalizations continue to drop. ___ALBANY, N.Y. — New York may have undercounted COVID-19 deaths among nursing home residents by thousands.
The Latest: Young S. Koreans taking crucial university exam
The Education Ministry says about 493,430 students began taking the one-day test at about 1,380 test sites across South Korea on Thursday. The university from which a South Korean graduates significantly affects job prospects, social standings and even marriage partners. Health care workers, citizens above 65 and people living in care homes will be the first groups to be vaccinated. Redfield says earlier surges in COVID-19 illnesses were concentrated in one area of the country or another, and health care workers and equipment could be shifted from one place to another to deal with it. ___TORONTO — Canada’s health minister says health officials will soon complete a review of the coronavirus vaccine made by Pfizer and BioNTech.
Man arrested in deadly attack at Nebraska Sonic restaurant
Roberto Carlos Silva Jr., of Omaha, was booked into Sarpy County jail early Sunday on suspicion of first-degree murder and first-degree arson in Saturday night's attack at a Sonic Drive-in restaurant in Bellevue, the Omaha World-Herald reported. Officers who arrived found the moving truck burning and four restaurant employees who had been shot. Two were sent to the University of Nebraska Medical Center for treatment, and the other two were declared dead at the scene, Jashinske said. After the shooting, police seized four firearms, though Silva was unarmed and didn't resist when he was arrested outside the restaurant, Jashinske said. Sonic Drive-in, which is based in Oklahoma City, issued a statement Sunday saying the company was “stunned and saddened by what occurred at the Bellevue, Nebraska, Sonic Saturday night.
Surging virus cases get a shrug in many Midwestern towns
It's not that people in Nebraska, South Dakota, North Dakota, Iowa and elsewhere don't realize their states are leading the nation in new cases per capita. “They don’t think it’s real," she said. Like most people, Jay Stibbe, 52, of Fargo, North Dakota, said he and his family are respectful of COVID-19 protocols and wear masks where required. However, Stibbe said he doesn’t see enough “concrete information” about the virus to stop him from going about his normal life, even though North Dakota leads the nation in the number of virus cases per capita. ___Associated Press writers David Pitt in Des Moines, Iowa, and Dave Kolpack in Fargo, North Dakota, contributed to this story.
Mutual of Omaha replaces Indian chief logo with African lion
FILE - In this Friday, July 17, 2020 file photo, the Mutual of Omaha logo is seen at the company's corporate headquarters in Omaha, Neb. The insurance company has announced, Thursday, Nov. 12, a new logo without the depiction of a Native American chief. – Mutual of Omaha on Thursday unveiled a new corporate logo depicting an African lion, replacing the Indian chief head that had been the symbol of the insurance and financial services company for 70 years. The new logo now appears on the company’s website. Officials said that over the next year, it will replace the old logo on the company’s printed materials, signs and on the face of its headquarters building in Omaha.
The Latest: Hong Kong, Singapore plan 'air travel bubble'
Hong Kong and Singapore say they have agreed to a bilateral air travel bubble, re-establishing travel links as coronavirus infections in both cities decline. -- Maryland will reduce indoor operations for bars and restaurants from 75% to 50% in response to rising coronavirus cases and increased hospitalizations. Maryland also reported 1,338 new coronavirus cases Tuesday — the seventh straight day of at least 1,000 cases. ___WASHINGTON — The U.S. has surpassed 1 million new confirmed coronavirus cases since the start of November. The El Paso County sheriff’s office says two of the employees were hospitalized over the weekend as coronavirus cases surged at the facility.
Jackpot! Expansion of gambling in the US wins big at polls
The U.S. gambling industry was a big winner at the polls on Nov. 3, 2020, with three states authorizing sports betting and three others either authorizing or expanding casino gambling. (AP Photo/Wayne Parry)ATLANTIC CITY, N.J. – The U.S. gambling industry won big at the polls Tuesday, with three states authorizing legal sports betting and three others either approving or expanding casino gambling. Virginia approved casino gambling in four locations, Nebraska authorized adding casino games at its horse racing tracks, and Colorado expanded the number and type of casino games it can offer, along with eliminating some wagering limits. Voters in four Virginia cities — Bristol, Danville, Portsmouth and Norfolk — approved ballot measures authorizing casinos. Nebraska allowed casino games at racetracks in Omaha, Lincoln, Grand Island, Columbus and South Sioux City.
Virus hospitalizations surge as pandemic shadows US election
Missouri, Oklahoma, Iowa, Indiana, Nebraska, North Dakota and New Mexico all reported record high hospitalizations this week. Wisconsin health officials reported 5,771 new coronavirus cases Tuesday, a new record. Meanwhile, Iowa hospital officials warned that facilities and staff could be overwhelmed without serious efforts to curtail the virus spread. Suresh Gunasekaran, CEO of University of Iowa Hospitals and Clinics, said the state is entering its third peak, one that is higher than previous ones in May and July. Missouri's health department reported 1,659 hospitalizations statewide Monday, surpassing by 10 the previous record set a day earlier.
2020 Latest: Biden campaign willing to fight Trump in court
In the race to 270 electoral votes, Biden has 236, while Trump has 213. ___2:40 a.m.President Donald Trump is vowing to ask the Supreme Court to weigh in on the inconclusive election. Nebraska, one of two states that divides its electoral votes, has five total electoral votes up for grabs. The Republican nominee on Wednesday was awarded six electoral votes from Iowa and three electoral votes from Montana. Biden nets 74 electoral votes for the three Western states, while Trump takes four electoral votes from Idaho.
The Latest: Winfrey boosts Biden at get-out-the-vote event
(AP Photo/Andrew Harnik)WASHINGTON – The Latest on the presidential campaign (all times local):8:35 p.m.Joe Biden is getting a boost from Oprah Winfrey in the final days of the presidential campaign. While President Donald Trump won all but Minnesota in 2016, Democrats are increasingly optimistic Biden can win at least Michigan and Pennsylvania back, and he’s making a play for Ohio as well. ___HERE’S WHAT YOU NEED TO KNOW ABOUT THE PRESIDENTIAL RACE:The presidential campaign shifts west as President Donald Trump visits an Arizona town across the Colorado River from Nevada. The Biden campaign announced the rally on Wednesday but hasn’t said where it will be held. President Donald Trump won Michigan by just under 11,000 votes four years ago, making it his closest margin of victory in any state.
Union Pacific 3Q profit drops 12% but volume surges
– Union Pacific's third-quarter profit declined 12%, but the volume of shipments it handled surged as the economy rebounded from the worst of the virus-related shutdowns earlier this year. The results fell short of the $2.03 per share that analysts surveyed by Zacks Investment Research expected on average. Union Pacific's revenue fell 11% to $4.92 billion in the quarter, which also missed Wall Street forecasts. Union Pacific cut its expenses 12% to $2.89 billion during the quarter. Access a Zacks stock report on UNP at https://www.zacks.com/ap/UNP
Racial justice movement a factor for 5 state ballot measures
FILE - In this Tuesday, June 30, 2020 file photo, Mississippi Department of Finance and Administration employees Willie Townsend, left, and Joe Brown, attach a Mississippi state flag to the harness before raising it over the Capitol grounds in Jackson, Miss. (AP Photo/Rogelio V. Solis)The Black Lives Matter movement isn’t named in any of the 120 statewide ballot measures up for a vote on Nov. 3. But this year's nationwide protests over police brutality and racial injustice are major factors in the campaigns in several states for measures with distinctive racial themes. In Mississippi and Rhode Island, Black supporters of the ballot measures hope this year’s nationwide spotlight on racial injustice will bring a different outcome than when similar proposals were on the ballot previously. In Utah, the slavery measure’s lead sponsor was Rep. Sandra Hollins, the only Black person now serving in the Legislature.
Alex Gordon retiring after playing entire career with Royals
KANSAS CITY, Mo. – Kansas City Royals outfielder Alex Gordon, whose rollercoaster career took him from near bust to All-Star and Gold Glove winner, will retire after the season. He wound up playing his entire 14-year career in Kansas City, joining George Brett and Frank White as position players with that much longevity with the franchise. The three-time All-Star also holds the dubious distinction of being the Royals' career leader in getting hit by pitches. It was during the 2015 that Gordon hit one of the iconic homers in Royals history.
AP Top 25 Takeaways: Huskers get tough draw; UCF rising star
Most notable on the Big Ten's schedule was how Nebraska will start the season: at Ohio State and home for Wisconsin. Nebraska had both Ohio State and Penn State on its original nine-game, pre-pandemic conference schedule, along with Rutgers. Nebraska has lost five straight against Ohio State, which has became a yearly rivalry since the Big Ten went to an East-West division structure. It might not have been the plan to cut Ohio State, the league's clear favorite and defending champ, some slack. When the SEC redid its schedule to make it 10 conference games, the league ended up feeding its weaker teams to its powerhouses.
Nebraska to end nearly all social distancing restrictions
Pete Ricketts will end nearly all of his state's social-distancing restrictions on Monday even as the number of new coronavirus cases has trended upward over the last few months. “We are loosening the restrictions further on Sept. 14,” Ricketts said at a news conference. Nebraska will also allow smaller indoor facilities, such as bars, restaurants, churches, gyms and hair salons, to operate with no formal restrictions. For several days before that, the state's public health data system wasn't receiving results even though laboratories were processing tests. Nebraska ranks 15th highest in the rate of positive cases as of this week, according to data collected by Johns Hopkins University.
Saucy nugs? Man calls boneless chicken wings moniker a lie
In an age of growing divisive political discourse across the country, a Nebraska man is drawing attention for his impassioned plea to take action against boneless chicken wings. Video of Ander Christensens satirical rant before the Lincoln City Council on Monday pleading to ban the boneless chicken wing moniker has garnered widespread attention on social media and news sites. Christensen, who is the son of a council member, made his case that the meat in boneless wings doesn't come from a chicken's wing at all, but from its breast. Instead, he suggested the dish could be renamed, buffalo-style chicken tenders, wet tenders, saucy nugs or trash.His plea, of course, was for the children. We need to teach them that the wings of a chicken are from a chicken, and its delicious.