City Omaha, state Nebraska Financial News

12.10 / 19:54

COST Action show Inside recommendations prevention NTSB chair says new locomotive camera rule is flawed because it excludes freight railroads

Passenger railroads nationwide will now be required to install video recorders inside their locomotives

11.10 / 22:53

UPS FIVE Fighting Major Navigator CO2 pipeline project is on hold while the company reevaluates the route in 5 states

One of the two biggest proposed carbon dioxide pipeline projects in the Midwest is being put on hold so the company can reevaluate the route

07.10 / 21:15

FIVE Art Man Manufacturing Dreams Southern donates Berkshire Hathaway's Charlie Munger gives $40 million in stock to California museum

Investor Charlie Munger, Warren Buffett’s right-hand man for more than five decades, has made a $40 million gift to a California museum he has supported in the past

07.10 / 21:15

UPS Apple IBM show week Warren Buffett's Berkshire Hathaway keeps selling off its HP shares at a loss this week

Warren Buffett's Berkshire Hathaway continued selling off more of its HP Inc. shares this week at a loss and dropped its stake below 10% of the maker of printers and computers

05.10 / 22:21

Death President CSX track reports guidelines Railroad unions want scrutiny of remote control trains after death of worker in Ohio railyard

Most of the reaction to the death of a rail worker who mistakenly stepped in front of two CSX locomotives last month has focused on whether the 19-year veteran should have seen the train coming

04.10 / 07:27

Extreme Career Action Apple track reports Warren Buffett's company dumps another 5 million shares of printer maker HP

Investors soon won’t be able to follow Warren Buffett’s every move in HP stock if the billionaire’s company keeps selling off shares of the printer and computer maker

02.10 / 20:19

FIVE Mobile Southern testing recommendations evacuation Government sues Union Pacific over using flawed test to disqualify color blind railroad workers

The federal government has joined 21 former rail workers in suing Union Pacific over the way it used a vision test to disqualify workers the railroad believed were color blind and might have trouble reading signals telling them to stop a train

27.09 / 16:39

Provident Platform President show Financial Nebraska team managing more than $600M switches to LPL Financial

An Omaha, Nebraska-based team that managed $605 million in client assets at Principal Securities has switched to LPL Financial and will use its broker-dealer, RIA and custodial platforms, the firm announced Wednesday.

21.09 / 02:41

Lowe's Target NASDAQ DOW COMPOSITE 500 US stock market: S&P 500, Dow close lower after Fed holds rates steady, warns of higher for longer

All three major U.S. stock indexes retreated in the wake of announcement, with interest rate sensitive megacap stocks Microsoft Corp, Apple Inc and Nvidia Corp pulling the Nasdaq down most. The Fed's announcement was accompanied by its Summary Economic Projections (SEP) and dot plot, which sees an additional 25 basis point rate hike this year, peaking in the 5.50%-5.75% range. The SEP projections also called for 50 basis points of rate cuts next year. «It's your standard Fed day volatility,» said Ryan Detrick, chief market strategist at Carson Group in Omaha, Nebraska.

20.09 / 23:29

UPS Provident Aware Southern track information Department Railroads work to make sure firefighters can quickly look up what is on a train after a derailment

The railroad industry is trying to make sure that emergency responders can quickly look up what is on a train quickly when they respond to a derailment

19.09 / 20:39

Citi Provident Cooper Southern track Inside Explosion in Union Pacific's massive railyard in Nebraska appears accidental, investigators say

Investigators say a blast that prompted evacuations near Union Pacific's massive railyard in western Nebraska last week appears to be accidental

17.09 / 09:25

Citi Waters CEO Southern Norfolk Southern CEO promises to keep improving safety on the railroad based on consultant's report

Norfolk Southern's CEO pledged to continue working to improve safety after the consultant the railroad hired after the fiery Ohio derailment in February recommended making sure that safety is truly a priority at all levels and continuing many of the ef...

15.09 / 17:44

UPS Citi Citizens Ball Highways cover Inside Explosion at world's largest railyard in Nebraska prompts evacuations because of heavy toxic smoke

An explosion inside a shipping container at the world's largest railyard prompted evacuations in western Nebraska Thursday because of the toxic smoke generated when one of the chemicals aboard caught fire

15.09 / 17:43

Citi Parke Southern show country Inside Railyard explosion in Nebraska isn't expected to create any lingering problems, authorities say

Nebraska authorities don't expect any lingering problems related to Thursday's explosion of a railroad shipping container carrying an acid used to make explosives because the chemical largely burned off and any residue was contained

14.09 / 18:02

Extreme Career Apple Remark Occidental track Warren Buffett's company trims its investment in printer maker HP by selling 5.5 million shares

Warren Buffett's company sold off 5.5 million HP Inc. shares this week to trim a stake that it established just last year

13.09 / 16:17

COST UPS Provident CEO cover Union Pacific's new CEO won't forego cuts as he works to improve safety and service at the railroad

Union Pacific's new CEO came into the job last month with a reputation for cost-cutting

12.09 / 19:59

FIVE Booking Strategy Jamie Hopkins to leave Carson Group

Jamie Hopkins, managing partner of wealth solutions at Carson Group, is stepping down for family reasons at the end of September.

11.09 / 22:05

UPS CEO Southern track Federal railroad inspectors find alarming number of defects on Union Pacific this summer

Federal inspectors found an alarming number of defects in the locomotives and railcars Union Pacific was using at the world's largest railyard in western Nebraska this summer, and the railroad was reluctant to fix the problems

07.09 / 18:59

Provident Monolithic performer track boost New federal rule may help boost competition for railroad shipments at companies with few options

Companies with plants and factories that are only served by one railroad may soon be able to get a bid from another railroad if their current service is bad enough under a new rule that was proposed Thursday to help boost competition

01.09 / 16:19

Lowe's Extreme Action CSX Rule allowing rail shipments of LNG will be put on hold to allow more study of safety concerns

A Trump-era rule allowing railroads to haul highly flammable liquefied natural gas will now be formally put on hold to allow more time to study the safety concerns related to transporting that fuel and other substances like hydrogen that must be kept a...

01.09 / 02:01

Lowe's Extreme Action CSX Rule allowing rail shipments of LNG will be put on hold to allow more study of safety concerns

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