City Omaha Financial News
06.05 / 13:17
UPS
Apple
Occidental
reports
mountaineering
Berkshire Hathaway earnings grow to $11B, cash hoard at $189B
Berkshire Hathaway Inc.’s cash pile hit yet another record as billionaire investor Warren Buffett confronted a dearth of big-ticket deals. Operating earnings also rose, buoyed by his collection of insurance businesses.
06.05 / 02:59
UPS
Extreme
wellness
classical
reports
Schools
Videos
Warren Buffett says AI may be better for scammers than society: he's seen how
Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become «the growth industry of all time.» Doubling down on his cautionary words from last year, Buffett told the throngs he recently came face to face with the downside of AI. And it looked and sounded just like him. Someone made a fake video of Buffett, apparently convincing enough that the so-called Oracle of Omaha himself said he could imagine it tricking him into sending money overseas.
06.05 / 02:17
Man
CEO
wellness
Freedom
show
stage
rights
Berkshire Hathaway event gives good view of Warren Buffett's successor but also raises new questions
Berkshire Hathaway meeting gave shareholders their best chance yet to hear from the man who will one day take over as CEO when Warren Buffett is gone, but Buffett said for the first time Saturday that Greg Abel should also take responsibility for the company's investments after he takes over, raising new questions about the succession plan. Abel put his encyclopedic knowledge of the utility business that he led directly for years on display and delved into railroad operations and potential acquisitions that Berkshire pursued while sharing the stage with Buffett all day.
05.05 / 04:35
UPS
Apple
Occidental
reports
mountaineering
Berkshire cash hoard scores another record as earnings gain
Berkshire Hathaway Inc.’s cash pile hit yet another record as billionaire investor Warren Buffett confronted a dearth of big-ticket deals. Operating earnings also rose, buoyed by his collection of insurance businesses. The firm’s hoard increased to $189 billion at the end of the first quarter, topping the record it set at year-end. The company also reported first-quarter operating earnings of $11.2 billion, versus $8.07 billion for the same period a year earlier.
05.05 / 04:35
UPS
Extreme
Apple
wellness
classical
reports
Videos
Warren Buffett says AI may be better for scammers than society. And he's seen how
Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become «the growth industry of all time.» Doubling down on his cautionary words from last year, Buffett told the throngs he recently came face to face with the downside of AI. And it looked and sounded just like him. Someone made a fake video of Buffett, apparently convincing enough that the so-called Oracle of Omaha himself said he could imagine it tricking him into sending money overseas.
05.05 / 04:35
UPS
Extreme
Apple
stage
reports
Videos
Buffett reassures about Berkshire's future, praises Apple even as he sells it
business partner Charlie Munger at Berkshire Hathaway's annual meeting on Saturday, while reassuring shareholders that the executives expected to succeed him were ready for the job. Buffett, legendary for his investing acumen, also praised Apple after unexpectedly revealing that Berkshire had reduced its stake in the iPhone maker. He said the company was «an even better business» than two of Berkshire's oldest investments, American Express and Coca-Cola
03.05 / 20:09
UPS
FIVE
economy
Death
wellness
President
Warren Buffett gears up to meet investors sans Charlie Munger by his side
Warren Buffett will command centrestage at Berkshire Hathaway's annual meeting on Saturday, but someone who won't be there is his influential sidekick Charlie Munger. The meeting is Buffett's 60th since he took over Berkshire in 1965 and the first since the death of his longtime friend, business partner and foil Munger at age 99 in November.
03.05 / 15:17
02.05 / 02:29
markets
Target
Progressive
DOW
show
reports
S&P 500, Nasdaq end lower after Fed rate decision, Powell press conference
Federal Reserve left its key interest rate unchanged, as expected, and indicated that while its next move will likely be a rate cut, continued progress on inflation is not assured. The S&P 500 and the Nasdaq ended lower while the Dow Jones Industrial Average notched a modest gain.
29.04 / 14:19
Williams
Netflix
Football
film
reports
Features
Sporting
NFL Sports Docuseries 'Receiver' release date revealed: When and where to watch
NFL draft picks that happened back this month, the craze for this popular American football franchise is on. Now, an NFL documentary series is coming to Netflix to raise the enthusiasm of fans of this sport based on a full-fledged web series that talks about the sport in a very insightful way, according to a What's on Netflix report.
28.04 / 08:49
16.04 / 08:43
11.04 / 04:29
markets
Target
Progressive
Opinion
reports
Department
Rate Cut
Wall St ends sharply lower as sticky inflation dims rate cut hopes
All three major U.S. stock indexes veered sharply lower at the opening bell after the Labor Department's Consumer Price Index (CPI) report landed north of consensus, a reminder that inflation's road back down to the Fed's 2% target will remain a long and meandering one.
10.04 / 11:43
Citi
Provident
CEO
Software
Charity
volunteers
Warren Buffett has left the table. Homeless charity asks investors to bid on meal with software CEO
The California homeless charity that received $53 million over the years from investors who wanted a private lunch with billionaire Warren Buffett has found a new business executive to auction off a meal with
28.03 / 21:09
UPS
Provident
CEO
Analysis
President
reports
Ascensus seals deal for beefy $3.9B 401(k) business
Ascensus is looking to solidify its market-leading status in the retirement savings sector through an agreement with Mutual of Omaha. The companies announced Thursday that Ascensus, one of the top third-party administrators and group retirement savings program providers, is acquiring the insurer’s 401(k) record-keeping business.
28.03 / 21:09
26.03 / 02:05
11.03 / 13:13
26.02 / 14:49
24.02 / 15:07
24.02 / 14:25
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