OMAHA, Neb. (AP) — Police say a man has been killed in a shooting on a north Omaha street.
Police said officers were called to the area for a report of a shooting around 5 a.m. Saturday and found a man with a gunshot wound. Police say the man, identified as 24-year-old Tyler Johnson, died at the scene.
No arrests had been reported in the case by midafternoon Saturday, and police were asking the public for any information on the shooting.
LINCOLN, Neb. (AP) — A charitable foundation has promised to match the first $500,000 donated to a new recovery fund for Nebraskans affected by March flooding.The Nebraska Community Foundation has joined the Ethel S. Abbott Charitable Foundation in establishing the Nebraska Flood RecoveryFund. Priority will be given to those who want to remain in their damaged communities.
Money donated will be granted to local and regional charitable organizations. Eligible uses may include housing, transportation and health, and wellness. An advisory committee is being assembled to oversee granting decisions.
Jeff Yost is president and CEO of the Nebraska Community Foundation, and he says the advisory committee will be making grants “that are high impact and supportive of projects and programs that are sustainable long term.”
By MARGERY A. BECK Associated Press
OMAHA, Neb. (AP) — Rainfall in the coming days could raise water levels in the Mississippi River higher than expected and lead to more flooding, the National Weather Service at St. Louis said Saturday.
At some points, including Davenport, Iowa, the past week’s levels were the highest ever. Davenport saw a large part of its riverfront and downtown flooded when a section of a temporary flood barrier broke after it had held back the swollen river for 38 days.
The river began dropping Friday at Davenport after eclipsing a record set in 1993. Officials said it could be days before the water is once again confined within the river’s banks.
The good news is that no significant rain is expected in the region over the weekend. The bad news is that rain and thunderstorms will come roaring back in starting Monday night, said meteorologist Mark Fuchs at St. Louis.
Starting Monday night, up to a couple of inches of rain could fall on Kansas, Missouri and Iowa and soon reach Illinois, Fuchs said.
“Tuesday evening through Thursday evening, we could be seeing quite a bit of rain — several inches,” he said. “It will have an impact.”
The Mississippi crested a few feet shy of 1993 levels at several other places in Iowa, Missouri and Illinois. Crests further to the south in towns like Cape Girardeau, Missouri, aren’t expected until the middle of next week.
If rain amounts stay on the low end of the prediction models, it will cause the swollen river to linger at current elevated levels. At worst, the service said, additional rain will push river levels back up, leading to more flooding.
A flood warning continues for areas on either side of the river from Minnesota all the way to Louisiana, where the river empties into the Gulf of Mexico.
By JOSH FUNK AP Business Writer
OMAHA, Neb. (AP) — Tens of thousands of Berkshire Hathaway shareholders return to Omaha every year to learn from Warren Buffett and celebrate the company he built through acquisitions and investments.
But with the 88-year-old Buffett and 95-year-old Charlie Munger leading the company, it’s hard for shareholders not to wonder how much longer the revered investors will be in place. And the fact that Berkshire is holding more than $114 billion in cash and short-term investments raises questions about what Buffett might buy next.
Shareholder Stephen Teenois, 30, made his first trip to this year’s meeting on Saturday after owning the stock for several years because he wanted to experience the event where Buffett and Munger spend hours answering questions.
“I just want to soak in everything I can and learn from him,” said Teenois, who is from Houston.
Buffett has said that Berkshire has a succession plan in place for whenever it is needed. Neither Buffett nor Munger has any plans to retire. Two longtime executives, Ajit Jain and Greg Abel, have been promoted to vice chairmen to help oversee Berkshire’s businesses. One of them will likely eventually be Berkshire’s next CEO.
Buffett said Saturday that both Abel and Jain have done a great job since they were promoted into the new roles in early 2018, and both earned about $18 million last year. Jain oversees the conglomerate’s insurance businesses while Abel oversees non-insurance business operations.
“You could not have two better operating managers than Greg and Ajit,” Buffett said.
Jim Weber, CEO of Berkshire company Brooks Running, said the transition from reporting directly to Buffett to reporting to Abel has gone smoothly.
“I’ve enjoyed working with him. He’s incredibly smart,” Weber said about Abel.
Berkshire’s eclectic collection of more than 90 businesses includes a variety of industries. Previously, Abel oversaw Berkshire utility businesses.
Shareholder Bill Laub, 67, of Moline, Illinois, said he wasn’t worried about Buffett’s successor or the future of the company because he has faith in the team behind him.
“If something happened to Warren, there would be the shock and the blip, and then it will all be over,” Laub said.
Laub said he hopes there is another big acquisition in Buffett and Berkshire’s future. Buffett has said that he has had a hard time finding acquisitions selling for reasonable prices in recent years because the market has soared.
“I hope he finds something good to buy,” Laub said.
Buffett faced several questions about whether relatively recent deals, including Kraft Heinz, were paying off for Berkshire:
Buffett said he’s happy with Berkshire Hathaway’s partnership with the Brazilian firm of 3G Capital. The companies worked together to buy Kraft and Heinz, but recently the combined food giant had to write down the value of its brands by $15 billion.
“I’m pleased that we are partners, and it’s conceivable that something else could come up,” Buffett said.
Buffett said the main problem with the Kraft investment is that Berkshire and 3G overpaid for it. Buffett also said that he and 3G underestimated the challenges branded foods face from retailers and the growth of private label products.
LINCOLN, Neb. (AP) — Police say a 54-year-old man died after he became trapped under a mower in Lincoln.
Officer Angela Sands says the man already was dead when police and medics arrived at the scene Friday morning.
Sands says it appears the man was mowing near a creek bed when the mower tipped over and pinned him underneath.
His name hasn’t been released yet.
LINCOLN, Neb. (AP) — Lincoln police have identified two people found shot to death in a home during an incident that occurred while five children were in the home.
Police on Friday said 35-year-old Rasha Khaled and 49-year-old Adnan Almansouri were found dead Thursday afternoon.
Capt. Robert Farber says five children — ages 14, 13, 10, 5 and 3 — were in the home when the shooting happened. None of the children were hurt.
No other details of the shooting have been released.
LINCOLN, Neb. (AP) — Police say a 32-year-old Nebraska man is recovering after dropping his gun on a sidewalk, causing it to fire and shoot him in the genitals.
The Lincoln Journal Star reports that police believe the man was walking Wednesday night in north Lincoln when a .22-caliber gun dropped out of his pocket, hit the ground and fired.
Police say the man gave conflicting accounts of how the shooting occurred and was cited on suspicion of discharging a firearm in the city and possession of a deadly weapon by a prohibited person.
Police say the man’s injuries are not life-threatening.
LINCOLN, Neb. (AP) — An Omaha man has been sentenced to more than seven years in federal prison for his role in six armed robberies in Lincoln, including one in which he shot a store clerk.
Federal prosecutors for Nebraska say 21-year-old Marcus Remus was sentenced Thursday to 90 months. Prosecutors say he pleaded guilty in January to one count of interference with commerce by robbery and one count for discharging a firearm in furtherance of a violent crime.
Prosecutors say Remus and a co-defendant, Shawn Brooks, robbed a bank and five convenience stores in 2016. Brooks fired a gun several times at bank employees during the bank robbery and was sentenced last month to 40 years in federal prison. Prosecutors say Remus shot a gas station clerk in the pair’s final robbery. Remus had faced up to life in prison.
LINCOLN, Neb. (AP) — Police responding to a report of a shooting at a Lincoln home have found a man and a woman dead.
Capt. Robert Farber tells the Lincoln Journal Star that five children were in the home when it happened around 5 p.m.
Farber says the investigation was continuing. Police are not yet identifying those dead or their ages.
No other details were immediately available.
LINCOLN, Neb. (AP) — The Nebraska Attorney General’s Office is still waiting for Roman Catholic officials to turn over sexual abuse records ordered in sweeping subpoenas about two months ago.
The Archdiocese of Omaha and several church attorneys say the only documents that haven’t been released include psychiatric evaluations of alleged perpetrators, medical records and confidential settlement agreements.
The archdiocese’s attorney, Patrick Flood, told a Lincoln judge Thursday that they couldn’t release the records without a court order.
The state Attorney General’s Office issued the subpoenas in February to more than 400 Catholic churches and institutions.
Flood says the demand to release documents dating back decades in just three days was “a ridiculous request.”
Assistant Attorney General Ryan Post says it’s disappointing that some view their investigation into child abuse as government overreach.
