November 15, 2023 | Daily Report Online
Ohio Business Owner Sues Norfolk Southern for Derailment That Closed His CompaniesEdwin Wang filed his federal lawsuit Tuesday. It comes amid government lawsuits against Atlanta-based Norfolk Southern and a class action case on behalf of residents who have complained about the derailment's impact on East Palestine, Ohio.
By Josh Funk | The Associated Press
3 minute read
January 20, 2023 | Daily Report Online
State Laws Vary Widely on Whether Felons Can Run for OfficeThe states have a range of laws for reinstating rights to felons. In most states, the ability to seek state or local office coincides with the restoration of voting rights.
By Gary Fields and Josh Funk | The Associated Press
6 minute read
November 22, 2022 | Daily Business Review
A Rail Strike Looms; Impact on US Economy Could Be BroadOne of the biggest rail unions rejected its deal Monday, joining three others that have failed to approve contracts over concerns about demanding schedules and the lack of paid sick time. That raises the risk of a strike, which could start as soon as Dec. 5.
By Josh Funk, The Associated Press
7 minute read
November 12, 2021 | Daily Business Review
Kellogg's Files Lawsuit Against Its Striking Cereal WorkersKellogg's is complaining that striking workers are blocking entrances to its cereal plant and intimidating replacement workers as they enter the plant.
By Josh Funk
4 minute read
August 19, 2011 | Daily Report Online
Union Pacific to pay $50M to settle part of drug fine disputeBy Josh Funk
1 minute read
June 05, 2009 | Daily Report Online
3 firms fined $1.3M for not watching risky tradesOMAHA, Neb. AP - Financial-industry regulators have fined an Omaha company $350,000 for failing to adequately monitor suspicious penny-stock trades that could have been used for money laundering.The Financial Industry Regulatory Authority said Thursday that it had fined Legent Clearing for failing to implement reasonable money-laundering detection programs.
By JOSH FUNK
2 minute read
February 20, 2008 | Daily Report Online
3 families settle lawsuits over fatal 2002 helicopter crashOMAHA, Neb. AP - Three families have agreed to settle their lawsuits over a 2002 medical helicopter crash in Norfolk that killed three people aboard.The families' attorney, Gary Robb of Kansas City, Mo., confirmed Tuesday that an agreement had been reached. But Robb said the details of the settlement are still being negotiated so he can't discuss them.
By JOSH FUNK
2 minute read
May 06, 2008 | Daily Report Online
Buffett, Munger say many financial companies deserve painOMAHA, Neb. AP - Billionaires Warren Buffett and Charlie Munger say the pain many financial institutions are feeling because of the credit crunch is well deserved.The chairman and vice chairman of Berkshire Hathaway Inc. said Sunday that the financial companies that engineered subprime mortgages and the investment funds backed by those mortgages don't deserve much sympathy as they record losses now.
By JOSH FUNK
4 minute read
May 21, 2009 | Daily Report Online
Brokers' former employer will pay $10M settlementOMAHA, Neb. AP - A former employer of two ex-brokers who face fraud charges has agreed to pay $10.3 million in a settlement with 249 people over the improper selling of risky investments.An arbitration order filed by the Financial Industry Regulatory Authority last week describes the terms of the settlement between VSR Financial Services Inc.
By JOSH FUNK
3 minute read
October 26, 2009 | Daily Report Online
Judge rejects TD Ameritrade data theft settlementOMAHA, Neb. AP - A federal judge has refused to approve a class-action settlement over contact information stolen from online brokerage TD Ameritrade Holding Corp.U.S. District Judge Vaughn Walker in San Francisco says the deal offers little significant benefit to the more than 6 million current and former customers affected.
By JOSH FUNK
3 minute read