- Money Headlines
Saturday, October 19th, 2019

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Text messages show Boeing employees knew of problems with 737 Max in 2016

Text messages between Boeing employees in 2016 indicate that the company was aware of major problems with an automated feature on the 737 Max jet that made the aircraft difficult to control. Read more

Oracle co-CEO Mark Hurd, who led Hewlett-Packard for 5 years, dies at 62

Oracle confirmed his death Friday, but gave no cause. Hurd was on medical leave, which Oracle announced in September. Read more

Johnson & Johnson recalls baby powder after trace asbestos found in 1 bottle

The recalled lot consists of 33,000 bottles that were distributed last year. Read more

Southwest pushes back return of troubled Boeing 737 Max — again

Southwest said Thursday that it will keep the Max out of its schedule until Feb. 8, about a month longer than previously planned. Read more

Subscribers onlyMillard area commercial building fills up with familiar pizza shop, other retailers

The building was turned into a retail strip that is filling up thanks to recent development in the area, including the $55 million Lumberyard District and the Omaha Police Department's southwest precinct.  Read more

Nebraska jobless mark of 3.1% unchanged for third month

Officials say Nebraska's unemployment was 3.1% in September, matching the August and July figures. Read more

Slowing economy, trade wars drag on U.S. railroad companies' profits, including Union Pacific

Union Pacific and CSX Railroads both reported declining profit and revenue as they hauled less grain, imported goods and other products. Union Pacific said volume fell 8% in the quarter. Read more

Downtown Omaha nightclub owes debts, looking for new location

A liquor wholesaler said Club Karma at 1419 Farnam St. quit paying its bills in July and owed his company more than $14,000 for cases of liquor.  Read more

Warren Buffett's Berkshire Hathaway completes sale of insurance company Applied Underwriters

Berkshire Hathaway said in a filing with the Securities and Exchange Commission on Tuesday that it has sold Applied Underwriters, which sells workers' compensation insurance. Read more

Petition drive launches to cap payday loan lending rates at 36% in Nebraska

To get the measure on the November 2020 ballot, the group Nebraskans for Responsible Lending will have to collect valid petition signatures from 7% of registered voters. Nebraska law now allows payday lenders to charge fees that amount to more than 400% annual interest on loans. Read more