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Top News & Analysis Omaha

  • After four years of belt-tightening, American companies are good at squeezing more profit out of every dollar of sales - a skill that chief executives regard as critical in the face of an uncertain economy.

  • *Sale is for $500 million, person close to the deal says. Nov 2- Warren Buffett's Berkshire Hathaway Inc said it would buy Oriental Trading Co, a toy and party supplies company that is partially owned by private equity firm KKR& Co LP, for an undisclosed sum.

  • *Sale is for $500 million, person close to the deal says. Nov 2- Warren Buffett's Berkshire Hathaway Inc said it would buy Oriental Trading Co, a toy and party supplies company that is partially owned by private equity firm KKR& Co LP, for an undisclosed sum.

  • Nov 2- Warren Buffett's Berkshire Hathaway Inc said it would buy Oriental Trading Co, a toy and party supplies company that is partially owned by private equity firm KKR& Co LP, for an undisclosed sum.

  • Warren Buffett Wants to Make the World More

    It isn't a big-game elephant, but Warren Buffett has captured a smaller "party" prize. Buffett's Berkshire Hathaway announced today it has acquired privately-held Oriental Trading, based in Buffett's home town of Omaha, Nebraska.

  • WASHINGTON-- The worst drought in decades didn't just shrivel corn and soybeans. It shrank economic growth too. That means normal weather would have lifted economic growth to 2.4 percent for the quarter, the Commerce Department said.

  • OMAHA, Neb.-- An insurance company that canceled the homeowner's policy of a Nebraska sheriff's deputy because of his K-9 unit dog said Thursday it's looking to change its practices regarding police dogs.

  • OMAHA, Neb.-- Warren Buffett's company won the auction for Residential Capital's loan portfolio with a $1.5 billion bid this week. That means the conglomerate Berkshire Hathaway Inc. will acquire the loans as long as a bankruptcy judge approves. ResCap's parent company is Ally Financial, which is 74 percent owned by the U.S. government as a result of bailouts.

  • OMAHA, Neb.-- A Nebraska sheriff's deputy is being dropped by his home insurance company, who says the police dog he keeps at his Omaha home is a risk it is not willing to bear.

  • OMAHA, Neb.-- The Rural Media Group has purchased another cable network to expand its programming into more markets. Rural Media produces RFD-TV and Rural TV with rural-themed programming. The deal gives the company access to several major markets, including New York, Chicago, Atlanta, Dallas and Los Angeles.

  • LINCOLN, Neb.-- Nebraska's unemployment rate dropped to 3.9 percent in September, a tenth of a percentage point under the August and July figure of 4 percent, the state Labor Department said in a report released Friday. Only North Dakota's September rate of 3 percent was lower than Nebraska's. Unemployment in the state's largest city, Omaha, dropped to 3.8 percent.

  • OMAHA, Neb.-- An index of economic conditions in 10 Midwest and Western states jumped this month after three months of drought-induced doldrums. "Our survey indicates that the negative impacts of the drought are being more than offset by the positives of very strong incomes from high agriculture and energy prices," said Creighton University economist Ernie Goss.

  • LINCOLN, Neb.-- Nebraska is trailing its neighbors in wind-energy development and missing an opportunity to add jobs to the state economy while producing a cleaner form of energy, according to a report released Thursday.

  • OMAHA, Neb.-- Union Pacific said Thursday that its third-quarter profit climbed 15 percent because price increases and more automotive and chemical shipments helped the railroad offset a 12 percent drop in coal shipments. Union Pacific, based in Omaha, Neb., said Thursday that revenue grew 5 percent to $5.34 billion from last year's $5.1 billion.

  • NEW YORK-- Shares of Lindsay Corp. reached their highest point in more than a year on Thursday after the irrigation system maker said its fourth-quarter net income surged on higher demand from farmers.

  • OMAHA, Neb.-- Union Pacific said Thursday that its third-quarter profit climbed 15 percent because price increases and more automotive and chemical shipments helped the railroad offset a 12 percent drop in coal shipments. Union Pacific, based in Omaha, Neb., said Thursday that revenue grew 5 percent to $5.34 billion from last year's $5.1 billion.

  • OMAHA, Neb.-- Trucking and logistics company Werner Enterprises Inc. said on Wednesday that its third-quarter net income fell 15 percent because of weak demand for freight hauling and rising fuel prices. The company earned $25.1 million, or 34 cents per share, for the quarter that ended Sept. 30.

  • OMAHA, Neb.-- Irrigation system maker Lindsay Corp. said Wednesday that its fiscal fourth-quarter net income jumped 48 percent, boost by higher demand from farmers. For the quarter ended Aug. 31, the Omaha, Neb.- based company made $8.8 million, or 68 cents per share, up from $5.9 million, or 46 cents per share, in the same quarter last year.

  • OMAHA, Neb.-- CSX Corp. reported a 2 percent dip in its third-quarter profit and revenue Tuesday because the railroad delivered fewer carloads of coal and crops, and fuel surcharge revenue declined. The Jacksonville, Fla.- based railroad made $455 million, or 44 cents per share. That's down from $464 million, or 43 cents per share in the same period a year ago.

  • NEW YORK, Oct 12- Electronic trading on the main online platform of TD Ameritrade, the No. 1 U.S. discount brokerage by trading volume, was disrupted for about a half hour on Friday due to a technical glitch that prevented some stock symbols from being recognized, the company said.