DES MOINES, Iowa-- Iowa regulators have approved a settlement on MidAmerican Energy's plans to increase electric rates to cover rising costs. The Iowa Utilities Board says Tuesday the deal allows MidAmerican to increase annual revenue by $38.7 million, or 4 percent, in 2012. The utility temporarily raised rates in March.
--Our ratings on U.S.-based The Gavilon Group LLC, including the' BB' corporate credit rating, remain on CreditWatch, where they were placed with positive implications following Tokyo- based Marubeni Corp.' s.
Agriculture Secretary Tom Vilsack plans to attend the first workshop on Tuesday in Omaha, Neb. The other three workshops are being planned in Pueblo, Colo., Pine Bluff, Ark., and an undetermined town in Ohio.
OMAHA, Neb., Oct 6- Steve Martin has released an off-beat ad endorsing Bob Kerrey's candidacy in Nebraska's U.S. Senate race, in which the actor and comedian demonstrates how to build a wad of paper while cue cards offering praise for Kerrey are displayed on the screen.
OMAHA, Neb.-- The Nebraska Supreme Court on Friday upheld the dismissal of a lawsuit brought by an Omaha man convicted of investment fraud against his former business attorney. On Friday, the Nebraska Supreme Court agreed and upheld the dismissal.
--COMM 2012- LTRT's issuance is a CMBS transaction backed by two commercial mortgage loans totaling $259 million secured by two regional shopping malls: Westroads Mall and Oaks Mall. Westroads Mall is located in Omaha, Neb., with total mall square footage of 1.07 million; 540,304 sq. ft. of which serves as loan collateral.
OMAHA, Neb.-- Ag Processing Inc. plans to expand one of its soybean processing plants in Minnesota to boost production of a soy feed additive for cattle. CEO Keith Spackler says demand is strong for the AminoPlus product, and this expansion will help the company serve customers in the upper Midwest, Canada and other international locations.
OMAHA, Neb.-- Warren Buffett's company recently discovered it owns two short-line railroads that it must sell because of its 2010 acquisition of the Burlington Northern Santa Fe railroad.
The lawsuit was filed by the Oglala Sioux Tribe, which governs the Pine Ridge Indian Reservation, where alcohol is banned. Four beer stores named in the suit sold the equivalent of 4.3 million 12- ounce beer cans last year even though they're in Whiteclay, a Nebraska town with about a dozen residents on the reservation's border.
OMAHA, Neb.-- Shares of Gordmans Stores slid more than 24 percent on Monday, its biggest ever one-day drop, as the clothing and home decor company lowered its third and fourth-quarter financial forecasts because of a sales slowdown. Gordmans said Monday that its revenue at stores open at least a year fell 2.1 percent for the third quarter through Sept. 29.
OMAHA, Neb.-- Little or no economic growth is likely this year in most of the nine Midwest and Plains states covered by a survey of business leaders, but the booming oil business will continue to drive growth in North Dakota and Oklahoma, according to the report released Monday.
CNBC.com surveyed real estate agents in 18 U.S. cities to gain individual perspectives on the health of America’s local real estate markets. Check out the list!
Warren Buffett's Berkshire Hathaway is buying the owner of Omaha's daily newspaper, the World-Herald. In a news release, Buffett is quoted as saying the World-Herald "delivers solid profits and is one of the best-run newspapers in America." The release also notes that Buffett sees the purchase as "consistent" with a past owner's "vision for local ownership." The purchase is somewhat surprising, as Buffett has often conceded that while he loves newspapers, the industry doesn't have a very bright future.