MoneyWatch: U.S. economy grew 5.7% in 2021
A new report on GDP shows the U.S. economy grew 5.7% in 2021. This comes as Wall Street experiences another rollercoaster day. Liz Ann Sonders, chief investment strategist at Charles Schwab, joined CBS News to discuss the markets and the economy.news.yahoo.com
Breyer’s legacy: A centrist, pragmatic problem-solver and defender of the court’s reputation
Often overshadowed by the late liberal icon Justice Ruth Bader Ginsburg, Justice Stephen G. Breyer will leave a legacy when he retires at the end of the current term as a steadfast supporter of abortion rights, the environment and health-care coverage — and for his questions about the constitutionality of the death penalty.washingtonpost.com
Nebraska project finds key minerals, but can it mine them?
Far beneath the rolling cropland of southeast Nebraska sits a deposit of elements that can be used to make steel and aluminum stronger. Extracting them would seem to be just the kind of project that President Joe Biden has argued is needed to reduce the United States' dependence on foreign suppliers of critical minerals. As a result, despite years of efforts, the mine in Nebraska might never be built.news.yahoo.com
Nebraska football legend Johnny Rodgers in ICU with COVID
Johnny Rodgers, the 1972 Heisman Trophy winner and a member of the College Football Hall of Fame, was in an Omaha hospital intensive care unit Monday with COVID-19. Rodgers' business partner, Denny Drake, said the Cornhuskers' football great was hospitalized Thanksgiving morning with the virus at Nebraska Medical Center, the Omaha World-Herald reported. Rodgers also developed pneumonia but seemed to improve after a few days in the hospital, Drake said.news.yahoo.com
Buffett's firm trims drugmaker stakes, buys 2 new stocks
Investor Warren Buffett's company made two new investments during the third quarter while trimming its holdings in several drugmakers and financial firms. Berkshire Hathaway Inc. updated its stock holdings in a quarterly filing with the Securities and Exchange Commission on Monday. The reports are closely watched by many investors because of Buffett's successful track record over the decades.news.yahoo.com
102 died at Native American boarding school in Nebraska
Researchers say they have uncovered the names of 102 Native American students who died at a federally operated boarding school in Nebraska. The Omaha World-Herald reports that the discovery comes as ground-penetrating radar has been used in recent weeks to search for a cemetery once used by the school that operated in Genoa from 1884 to 1934. The Genoa school was one of the largest in a system of 25 federally run boarding schools for Native Americans.news.yahoo.com
Aaron Rodgers' vaccine comments cost him endorsements
Fans and football experts have debated Aaron Rodgers' future in Green Bay since the day Jordan Love was drafted. But now, the focus turns to his sponsorships after some controversial comments last week about his own vaccination status.news.yahoo.com
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.
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 because of much smaller paper gains on the value of its investments, but most of its businesses continue to recover from the effects of the pandemic. A year ago, it reported $30.1 billion, or $18,994 per Class A share, when it recorded a $24.8 billion paper gain on its investments. This year, Berkshire recorded only a $3.8 billion paper gain on its investments.news.yahoo.com
Nebraska's Frost: It's hard to ignore speculation about job
Facing mounting pressure with Nebraska on the cusp of a fifth straight losing season, Scott Frost acknowledged this year has fallen far short of his expectations. “I thought this year it would pop,” Frost said Monday at his weekly news conference. The Cornhuskers are 3-6 overall and in last place in the Big Ten West at 1-5 entering their home game against No. 6 Ohio State on Saturday.news.yahoo.com
Employee who killed gunman likely saved lives, police say
An employee who returned fire after a gunman killed two people at a Nebraska grain elevator likely prevented more deaths, a Nebraska State Patrol official said Friday. The employee, who was not named, retrieved a weapon and shot Max Hoskinson, 61, after Hoskinson began shooting at the Agrex Elevator in Superior, Nebraska, on Thursday. Hoskinson, of Superior, was pronounced dead at a hospital.news.yahoo.com
Police: Fired grain elevator worker shot 3 people, killing 1
A man who had been fired from a grain elevator in Nebraska on Thursday returned with a gun and shot three people, killing one, before he was shot and killed by another employee, the Nebraska State Patrol said. The patrol said the shooting occurred at the Agrex Elevator in Superior, a town in southeast Nebraska near the Kansas border. A preliminary investigation showed that Max Hoskinson, 61, of Superior, was fired from the grain elevator on Thursday.news.yahoo.com
Age is still a huge coronavirus risk factor, even among vaccinated Americans
Data: CDC; Note: Data represents 30% of Americans across 16 jurisdictions: Alabama, Arizona, Arkansas, Colorado, Connecticut, Florida, Georgia, Idaho, Louisiana, Massachusetts, Michigan, Nebraska, New Mexico, New York City, Seattle/King County, Wash., Utah and Wisconsin; Chart: Danielle Alberti/AxiosEven vaccinated Americans who are 80 or older are at higher risk of dying from the coronavirus than anyone — vaccinated or not — under the age of 50, according to CDC data.Why it matters: The vaccinenews.yahoo.com
Autopsy shows children smothered; father charged with murder
Charges against a Nebraska man accused in the deaths of his two young children have been upgraded to murder after an autopsy showed the children were smothered. Adam Price was initially charged with two counts of negligent child abuse resulting in death in the May killings of his children, 5-year-old Emily and 3-year-old Theodore. “Recently obtained autopsy reports show that Emily and Theodore died by asphyxia due to smothering," Chief Deputy Sarpy County Attorney Bonnie Moore said.news.yahoo.com
One in 538: Map sparks fight over electoral vote in Nebraska
A new political map proposed by Nebraska Republicans wouldn't just make it harder for Democrats to win one of the state's three House seats — it would make it a little bit harder for Democrats to win the White House. Nebraska is one of only two states that divides its Electoral College votes by congressional district, rather than a winner-take-all system.news.yahoo.com
New ‘mu’ COVID-19 variant now found in 49 US states
Since being discovered in Colombia in January, the mu variant of COVID-19 has spread to nearly four dozen countries and has made its presence known in Hawaii and Alaska. It has so far been found in 49 states with Nebraska being the only state to not have a mu variant case detected. Health officials believe mu is even more transmissible than the delta variant and has the potential to resist ...news.yahoo.com
Parts apparently fell off plane that crashed in Minnesota
Crucial pieces of a single-engine plane piloted by a Nebraska surgeon apparently fell off in flight before it crashed west of Minneapolis, killing him and two relatives, investigators say. The Mooney M20M crashed and burned late Saturday afternoon near a home about a block away from the downtown area of Victoria, a community of about 7,300 people, about 25 miles (40 kilometers) west of Minneapolis. Relatives and employers identified those who died as Dr. James Edney, 72, of Omaha, Nebraska, who was piloting the plane, his stepson, Jacob Mertes, 42, and Jacob's wife, Dr. Sara Mertes, 37, both of Libby, Montana.news.yahoo.com
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.
H-Town Volleyball Stars in NCAA Title Game; Photo Gallery
The Kentucky Wildcats face the Texas Longhorns in the NCAA Volleyball Tournament Championship in Omaha, Nebraska on ESPN2 Saturday night. The game has some serious <a href="http://vype.com/texas/houston" target="_blank">Houston</a> connections.
Analysis: Warren Buffett’s power play puts a price on electric reliability in Texas
What would it cost to make the Texas electrical grid robust enough to weather a terrible winter storm? AdThis year’s winter storm killed 111 people in Texas, the Department of State Health Services said Thursday. Put simply, lawmakers and regulators have been more sensitive to the business sector’s complaints about price increases than about those from residential customers. AdWe’re 23rd for residential prices, third for commercial and for industrial prices. But residential customers are the ones who vote.
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 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. Gillock said organ donation helped ease the pain of losing her 3-year-old daughter to brain cancer in 2015 because she knew her daughter's organs helped five people. “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.
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.
Canada urges Biden not to cancel oil pipeline on first day
FILE - This Nov. 3, 2015 file photo shows the Keystone Steele City pumping station, into which the planned Keystone XL pipeline is to connect to, in Steele City, Neb. (AP Photo/Nati Harnik, File)TORONTO – Top officials in Canada want a chance to make the case for a long disputed oil pipeline to be built amid reports President-elect Joe Biden will cancel Keystone XL. Canadian Prime Minister Justin Trudeau raised Keystone XL as a top priority when he spoke with President-elect Biden in a phone call in November. The project is meant to expand critical oil exports for Canada, which has the third-largest oil reserves in the world. Trudeau and Biden are close and largely politically aligned, but the pipeline is expected to be an early irritant as Biden has said he would cancel it.
Olympic gold medalist Klete Keller identified among U.S. Capitol rioters, reports say
OMAHA, NE - JUNE 30: Klete Keller prepares to compete in the semifinal of the 200 meter freestyle during the U.S. Swimming Olympic Trials on June 30, 2008 at the Qwest Center in Omaha, Nebraska. (Photo by Donald Miralle/Getty Images)Multiple media reports have identified Olympic gold medalist swimmer Klete Keller among those involved in last week’s storming of the U.S. Capitol. The New York Times also reports Keller was present at the Capitol, according to “former teammates and coaches” who identified him in photos. USA Swimming, the governing body of the Olympic sport in the U.S., said it was not aware whether Keller was at the Capitol and “cannot confirm its accuracy,” USA Today reports.
More charges filed in deadly attack at Nebraska restaurant
– Authorities filed additional charges Monday against a 23-year-old man in a shooting at a Nebraska fast food restaurant in which two employees were killed and two others were wounded. Roberto Carlos Silva Jr. faces two counts of first-degree murder, two counts of attempted first-degree murder, arson and four gun charges in Saturday's attack at a Sonic Drive-in restaurant in the Omaha suburb of Bellevue. The Omaha man was being held without bond ahead of his first scheduled court appearance Tuesday. Silva was unarmed when he was arrested nearby shortly after the shooting, but police found four guns at the restaurant. Authorities have identified the two employees who were killed in the shooting as Nathan Pastrana, 22, and Ryan Helbert, 28.
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.
The Latest: Australia court upholds state's border closure
Larry Hogan warned of a major surge in coronavirus cases and urged residents Thursday to wear masks to prevent the virus’s spread. State Health Officer and Department of Health Services Interim Division of Public Health Administrator Stephanie Smiley is the second state health officer to resign in the last six months. Lujan Grisham says people can’t get numb to the troubling data or the threat of the state’s health care system being overwhelmed. State health officials added 45 more coronavirus-related deaths Thursday, raising the overall toll to 4,511 including confirmed and presumed infections. Spain has a 14-day average of 527 coronavirus cases per 100,000 people, one of the highest in Europe.
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.
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.
The Latest: Trump heaping attention on 1 Nebraska district
An image of President Donald Trump is projected on a large screen as supporters wait for his arrival to a campaign rally in Omaha, Neb., Tuesday, Oct. 27, 2020. (AP Photo/Nati Harnik)WASHINGTON – The Latest on the presidential campaign (all times local):9:25 p.m.President Donald Trump is heaping attention on Nebraska’s 2nd Congressional District in the home stretch before Election Day. She seemed to relish contrasting Biden’s record with President Donald Trump’s, laughing as she described how he recently said science doesn’t know what’s fueling Western wildfires. Both Texas and Ohio were previously seen as solidly supporting President Donald Trump, and he won both states in 2016. ___3:35 p.m.President Donald Trump has started a busy day of campaigning with a cold, rain-soaked rally in Lansing, Michigan.
Profit, revenue slump at Union Pacific, but volume improves
– Union Pacific's profit and revenue slumped by double digits, though the volume of shipments it handled rebounded from the previous quarter as the economy emerged from the worst of the virus-related shutdowns earlier this year. The railroad earned $1.36 billion, or $2.01 per share in the third quarter, down 12% from $1.56 billion, or $2.22 per share, a year ago. Shares of Union Pacific Corp. dipped more than 6% Thursday. Union Pacific cut its expenses 12% to $2.89 billion during the quarter. Volume is up 4% so far in the fourth quarter, and Union Pacific expects that to end up in the low single-digit percentage range.
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.