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JOSH FUNK
Josh covers railroads & Warren Buffett’s Berkshire Hathaway
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After 2 grisly killings, a small Nebraska community wonders if any place is really safe
Two brutal killings in four months have left 1,100 residents in a tiny corner of eastern Nebraska reeling.
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A Nebraska priest and the man who killed him had no connection to each other, prosecutor says
Prosecutors say a suspect in the stabbing death of a Catholic priest in eastern Nebraska appears to have no connection to the priest or the town where the stabbing occurred.
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Nebraska priest, bleeding from multiple stab wounds, yelled ‘help me’ when deputy arrived
Nebraska prosecutors have charged a man with murder, burglary and two weapons charges in the stabbing of a Catholic priest who authorities say was attacked during a break-in at the rectory where he lived in the small town of Fort Calhoun.
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As few details are released, fatal stabbing of Catholic priest rocks small Nebraska community
The fatal weekend stabbing of a Catholic priest inside the church rectory where he lived is the second killing this year in the one-stoplight town in eastern Nebraska.
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Ex Black Panther who maintained innocence in bombing that killed an officer dies in Nebraska prison
The second of two former Black Panthers who always maintained their innocence in the 1970 bombing death of a white Omaha police officer has died in prison.
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Norfolk Southern to end relocation aid right after one-year anniversary of its fiery Ohio derailment
Norfolk Southern railroad plans to stop paying relocation aid to people displaced by last February’s fiery derailment in eastern Ohio right after the one-year anniversary of the crash.
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Warren Buffett’s company’s bribery allegations against the Haslam family won’t be decided in January
Warren Buffett’s company decided not to move forward with an expedited trial on its bribery allegations against the billionaire Haslam family in January under the strict conditions a judge set.
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Rail union says Union Pacific layoffs of over 1,000 track maintenance workers jeopardizes safety
OMAHA, Neb. (AP) — The head of the union that represents track maintenance workers says Union Pacific is jeopardizing safety by delaying nearly 1,200 planned projects until next year and laying off more than 1,000 workers, but the railroad says the seasonal move shouldn’t be alarming.
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Billionaire family denies allegation from Warren Buffett’s company that it bribed truck stop chain execs
An attorney for the billionaire Haslam family has called the bribery allegations from Warren Buffett’s company a “wild invention.”
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Warren Buffett’s company says a billionaire family offered bribes to inflate earnings at a truck stop chain
Warren Buffett’s Berkshire Hathaway says the billionaire Haslam family tried to bribe at least 15 executives at the Pilot truck stop chain with millions of dollars to get them to inflate the company’s profits this year because that would force Berkshire to pay more for the Haslams’ remaining 20% sta
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Charlie Munger, who helped Warren Buffett build investment powerhouse Berkshire Hathaway, dies at 99
Charlie Munger, who helped Warren Buffett build Berkshire Hathaway into an investment powerhouse, has died. He was 99.
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Failed wheel bearing caused Kentucky train derailment but didn’t trigger alarms beforehand, CSX says
CSX says a failed wheel bearing on a train car caused a derailment that sparked a chemical fire in a small Kentucky town.
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1.35 million chickens are being killed on an Ohio egg farm as bird flu takes a toll on the industry
The U.S. Department of Agriculture says 1.35 million chickens are being slaughtered on an Ohio egg farm as the bird flu continues to take a toll on the industry.
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Railyard explosion, inspections raise safety questions about Union Pacific’s hazmat shipping
Federal inspectors have twice found hundreds of defects in the locomotives and railcars Union Pacific was using at the world’s largest railyard in Nebraska, but none of those seem to explain why a shipping container filled with toxic acid exploded there this fall.
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Buffett’s firm sells off several smaller investments, including GM and UPS
Warren Buffett’s company unloaded a number of the smaller investments in its portfolio in the third quarter including GM, Mondelez, Johnson & Johnson, UPS and Procter & Gamble.
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Ohio business owner sues Norfolk Southern for February derailment that closed his companies
A business owner whose companies are near the site where a Norfolk Southern train derailed in eastern Ohio in February is suing the railroad.
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The bird flu outbreak isn’t over, but it’s less severe, helping egg and poultry prices recover
Nearly 5 million chickens, turkeys and other birds have been slaughtered this year because of a persistent bird flu outbreak that began in 2022.
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1.2 million chickens will be slaughtered at an Iowa farm where bird flu was found
An additional 1.2 million chickens will be slaughtered after bird flu was confirmed on an Iowa egg farm in the second massive case this week.
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Nearly 1M chickens will be killed on a Minnesota farm because of bird flu
Nearly 1 million chickens on a Minnesota egg farm will be slaughtered to help limit the spread of the highly contagious bird flu. The U.S.
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Warren Buffett’s firm reports $12.8 billion loss as investments fall but its insurers performed well
Warren Buffett’s company has reported a $12.8 billion loss as the paper value of its investments fell, but the companies it owns — particularly the insurers — generally performed well.
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North Dakota lawmaker’s plane took off without runway lights before the crash that killed his family
A North Dakota state senator took off from a remote Utah airport last month with his wife and two young sons in the plane without the runway lights on a dark night with no moonlight and crashed just a minute later killing everyone aboard.
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Railroad automatic braking system needs improvement to prevent more derailments, safety board says
Federal safety investigators say the automatic braking system railroads were required to install several years ago needs improvement to prevent more derailments.
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Union Pacific eliminates management jobs as part of plan to speed decision making at the railroad
Union Pacific is trimming the ranks of the railroad’s management employees as part of the new CEO’s push to eliminate layers of bosses involved in decisions.
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Haslams say Warren Buffett’s Berkshire wants to take money out of their pockets in truck stop deal
The billionaire Haslam family says in a lawsuit that Warren Buffett and Berkshire Hathaway are trying to artificially depress the price the company is obligated to pay for the family’s remaining 20% stake in the Pilot Travel Centers truck stop company after paying nearly $11 billion since 2017 for t
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Soil removal from Ohio train derailment site is nearly done, but cleanup isn’t over
The removal of contaminated soil from the site of February’s fiery Norfolk Southern derailment in eastern Ohio is expected to be completed sometime this weekend although the larger cleanup will continue.
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Norfolk Southern investing in more automated inspection systems on its railroad to improve safety
Norfolk Southern has installed the first of what will be more than a dozen of a new generation of automated inspection portals on its tracks in Ohio — not far from where one of its trains derailed in February and spilled hazardous chemicals that caught fire.
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Warren Buffett’s company joins oil-buying frenzy this week by resuming its Occidental Petroleum buys
Investor Warren Buffett joined the recent oil-buying spree in the market this week by resuming Berkshire Hathaway’s purchases of Occidental Petroleum stock for the first time in four months.
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Derailment costs grow for Norfolk Southern but railroad’s trains moving more smoothly
Norfolk Southern’s costs related to the East Palestine derailment have grown to reach $966 million. But the railroad’s service is improving and its insurance companies have started to pay their share of the cost of the crash in eastern Ohio early this year.
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CSX boss wants railroad to keep improving service as profit falls 24%
CSX reported a 24% drop in the railroad’s third-quarter profit Thursday as it hauled 2% less freight.
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Union Pacific railroad’s quarterly profit falls 19% as volumes slow and costs remain high
Union Pacific’s third-quarter profit fell 19% as the railroad hauled about 3% fewer shipments and costs remained high, but the average speed of its trains improved 5% as new CEO Jim Vena began to tweak the operations.
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