Latest Omaha News

On D-Day, 19-year-old medic Charles Shay was ready to give his life, and save as many as he could

May. 06, 2024 09:30 AM EDT

BRETTEVILLE-L'ORGUEILLEUSE, France (AP) — On D-Day, Charles Shay was a 19-year-old U.S. Army medic who was ready to give his life — and save as many as he could. Now 99, he’s spreading a message of peace with tireless dedication as he’s about to take part in the 80th...

Berkshire Hathaway event gives good view of Warren Buffett's successor but also raises new questions

May. 05, 2024 18:03 PM EDT

This year's Berkshire Hathaway meeting gave shareholders their best chance yet to hear from the man who will one day take over as CEO when Warren Buffett is gone, but Buffett said for the first time Saturday that Greg Abel should also take responsibility for the company's investments after he takes...

Warren Buffett says AI may be better for scammers than society. And he's seen how

May. 05, 2024 04:32 AM EDT

OMAHA, Neb. (AP) — Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become "the growth industry of all time." Doubling down on his cautionary words from last year, Buffett told the...

Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple

May. 04, 2024 15:03 PM EDT

OMAHA, Neb. (AP) — Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The company reported reported a $12.7 billion profit, or $8.825 per...

Green Plains: Q1 Earnings Snapshot

May. 03, 2024 07:14 AM EDT

OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Green Plains Renewable Energy Inc. (GPRE) on Friday reported a loss of $51.4 million in its first quarter. On a per-share basis, the Omaha, Nebraska-based company said it had a loss of 81 cents. The results missed Wall Street...

Valmont: Q1 Earnings Snapshot

May. 01, 2024 18:02 PM EDT

OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Valmont Industries Inc. (VMI) on Wednesday reported first-quarter net income of $87.8 million. The Omaha, Nebraska-based company said it had net income of $4.32 per share. The results exceeded Wall Street expectations. The...

Werner: Q1 Earnings Snapshot

Apr. 30, 2024 17:01 PM EDT

OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Werner Enterprises Inc. (WERN) on Tuesday reported first-quarter earnings of $6.3 million. The Omaha, Nebraska-based company said it had net income of 10 cents per share. Earnings, adjusted for one-time gains and costs, were 14 cents per...

Union Pacific's first-quarter profit creeps up 1% as railroad limits expenses

Apr. 25, 2024 13:24 PM EDT

OMAHA, Neb. (AP) — Union Pacific's first-quarter profit crept 1% higher as the railroad tightened up on expenses — particularly its fuel bill — even though it delivered slightly less freight. The Omaha, Nebraska-based railroad said Thursday it made $1.64 billion, or $2.69 per...

Union Pacific: Q1 Earnings Snapshot

Apr. 25, 2024 08:06 AM EDT

OMAHA, Neb. (AP) — OMAHA, Neb. (AP) — Union Pacific Corp. (UNP) on Thursday reported first-quarter earnings of $1.64 billion. On a per-share basis, the Omaha, Nebraska-based company said it had profit of $2.69. The results surpassed Wall Street expectations. The...

Regulators pleased Union Pacific is using fewer temporary shipping limits

Apr. 17, 2024 15:19 PM EDT

OMAHA, Neb. (AP) — Union Pacific dramatically reduced its use of temporary limits on some businesses' shipments over the past year after its customers complained, but regulators said Wednesday the railroad must go further to be in line with the other major freight railroads that rarely use such...