Josh Funk

August 06, 2008 | Daily Report Online

OMAHA, Neb. AP - Most of the farmers affected by Alvo Grain and Feed's bankruptcy this spring will receive only partial payments for their losses under a liquidation plan the Nebraska Public Service Commission has approved.The commission is exploring the idea of setting up a new insurance fund that might better protect farmers against losses in future grain elevator failures, but that idea is still in its infancy.

By JOSH FUNK

4 minute read

November 10, 2009 | Daily Report Online

OMAHA, Neb. AP - Mutual of Omaha may have had its own "aha moment." The insurance company has decided to settle its lawsuit against Oprah Winfrey's production company over rights to the phrase.Jim Nolan, a spokesman for Mutual, and Angela DePaul, a spokeswoman for Winfrey's Chicago-based Harpo Productions Inc.

By JOSH FUNK

2 minute read

January 03, 2008 | Daily Report Online

OMAHA, Neb. AP - Two people who say they were defrauded out of their homes will have a second chance to argue their cases before the Nebraska Supreme Court next week.The state's high court already agreed in 2005 that 11 of the 13 individuals or couples who sued Mid-America Financial Investment Corp. had been defrauded by Mid-America's Scott Bloemer and Elena Hollingshead.

By JOSH FUNK

3 minute read

August 25, 2009 | Daily Report Online

OMAHA, Neb. AP - Federal prosecutors have charged a woman who once advised Michael Vick and several other NFL players with stealing $3 million from eight victims in a Ponzi scheme.Prosecutors say Mary Wong worked out of her Omaha home and purported to sell investments in luxury properties in Arizona, Tennessee and Michigan along with private jets and other investments.

By JOSH FUNK

3 minute read

March 02, 2011 | Daily Report Online

Billionaire Warren Buffett said Wednesday the U.S. economy continues to improve and doesn't need as much government help as it is currently getting.Buffett appeared Wednesday on CNBC four days after releasing his annual letter to Berkshire Hathaway Inc. shareholders and discussing his insatiable appetite for big acquisitions like last year's purchase of the Burlington Northern Santa Fe railroad.

By Josh Funk

4 minute read

February 16, 2009 | Daily Report Online

OMAHA, Neb. AP - Tiffany Co. says it sold $250 million of debt to billionaire Warren Buffett's company, and the jeweler plans to use the proceeds to refinance existing debt.New York-based Tiffany disclosed in a filing with the Securities and Exchange Commission Friday that it had sold the debt to Berkshire Hathaway Inc.

By JOSH FUNK

2 minute read

August 10, 2012 | Daily Report Online

A western Nebraska ethanol producer won't receive a sales tax refund for equipment and material used to build a new plant because it did not qualify for the $1.6 million in tax breaks it sought, the state Supreme Court ruled Friday.

By Josh Funk

2 minute read

July 11, 2008 | Daily Report Online

By JOSH FUNK

3 minute read

June 10, 2008 | Daily Report Online

OMAHA, Neb. AP-Billionaire Warren Buffett has wagered roughly $320,000 of his own money that the SP 500 will outperform a collection of hedge funds.The bet covers a decade and says that all the fees, costs and expenses must be included.The terms of the bet between the chairman and CEO of Berkshire Hathaway Inc.

By Josh Funk

4 minute read

August 22, 2008 | Daily Report Online

OMAHA, Neb. AP - The Nebraska Supreme Court's ruling Friday in a sexual harassment case was believed to be its first on hostile work environments and intolerable job conditions.The ruling outlined the criteria for determining when harassment creates a hostile work environment and when working conditions force an employee to quit.

By JOSH FUNK

2 minute read