Latest Omaha News

Omaha promises $750K for 2020 Olympic Swim Trials

May. 16, 2019 1:03 PM EDT

OMAHA, Neb. (AP) — Omaha has pledged $750,000 in taxpayer money to cover some of USA Swimming's more than $3 million in costs to host the 2020 U.S. Olympic Swim Trials. The City Council approved a plan Tuesday to make the second of three annual $250,000 payments to the Omaha Sports Commission for USA...

Nebraska farmer amputates leg with knife to escape auger

May. 14, 2019 9:27 PM EDT

OMAHA, Neb. (AP) — A northeastern Nebraska farmer is recovering after cutting off his own leg with a pocket knife to save himself from a piece of farm equipment he had become caught in. Omaha television station KETV reports that 63-year-old Kurt Kaser, of Pender, was unloading corn last month when he got...

Buffett says trade war with China would be bad for world

May. 6, 2019 12:39 PM EDT

OMAHA, Neb. (AP) — Investor Warren Buffett says if the U.S. has a full-blown trade war with China, it will be bad for the entire world. Buffett appeared on CNBC Monday with Berkshire Hathaway Vice Chairman Charlie Munger and Microsoft co-founder Bill Gates, who serves on Berkshire's board. Over the...

Berkshire Hathaway investors worry about life after Buffett

May. 4, 2019 5:02 PM EDT

OMAHA, Neb. (AP) — Tens of thousands of Berkshire Hathaway shareholders return to Omaha every year to learn from Warren Buffett and celebrate the company he built through acquisitions and investments. But with the 88-year-old Buffett and 95-year-old Charlie Munger leading the company, it's hard for...

The Latest: Warren Buffett says invest in what you know

May. 4, 2019 4:40 PM EDT

OMAHA, Neb. (AP) — The Latest on Berkshire Hathaway's annual shareholders meeting where CEO Warren Buffett and Vice Chairman Charlie Munger answer questions for hours (all times local): 3:15 p.m. Billionaire Warren Buffett says investors should all stick to areas they know when they are deciding what...

Investors gather to learn from Buffett and each other

May. 3, 2019 4:03 PM EDT

OMAHA, Neb. (AP) — In the days before Berkshire Hathaway's annual meeting, classrooms and hotel meeting rooms around Omaha fill up with investors eager to learn more about the philosophy Warren Buffett used to build his fortune. The outside conferences and gatherings are a big part of the draw for many who...

Ponca Tribe scores win in fight to keep Iowa casino open

May. 2, 2019 5:59 PM EDT

OMAHA, Neb. (AP) — The Ponca Tribe of Nebraska has secured another win in its fight with Iowa and Nebraska to keep its newly opened casino in western Iowa. The National Indian Gaming Commission issued yet another ruling in favor of the tribe, saying on Wednesday that the tribe has the right to operate the...

Confirmation students won't join church, citing LGBTQ rules

May. 1, 2019 1:27 PM EDT

OMAHA, Neb. (AP) — Eight middle-school confirmation class members have decided against joining an Omaha Methodist church in protest at the denomination's renewed ban on same-sex marriage and gay clergy. The eight were scheduled to become part of the congregation Sunday at First United Methodist Church. But...

Berkshire steps into fight for Anadarko on Occidental's side

Apr. 30, 2019 1:32 PM EDT

OMAHA, Nebraska (AP) — Warren Buffett's Berkshire Hathaway will finance a bid by Occidental Petroleum for Anadarko, potentially upending Chevron's $33 billion offer for the energy company. At stake are choice oil and gas fields spread across Texas and New Mexico, including a 75-mile-wide corridor across...

Nebraska rejects new attempt to abolish death penalty

Apr. 25, 2019 4:01 PM EDT

LINCOLN, Neb. (AP) — Three years after Nebraska voters reinstated the death penalty, lawmakers have rejected a new attempt to abolish the punishment. Senators who want to outlaw capital punishment fell eight votes short Thursday of the support needed to advance the measure through a first-round vote. The...