Omaha.com - Money Headlines
Money section headlines for Wednesday, July 18

Hy-Vee recalls pasta salad after reported illnesses

Hy-Vee is voluntarily recalling its Hy-Vee Spring Pasta Salad due to the potential that it may be contaminated with Salmonella, a press release from the company said Tuesday. Read more

Subscribers onlyProposed $12 million housing project south of downtown upsets neighbors losing scenic view

"It's going to feel like a cornstalk in a tomato field," one neighbor said of a housing project to sprout south of downtown Omaha where a family's flower shop and greenhouse operation once stood. Read more

On Investments: Why to look at a company's price-to-sales ratio

A low price-to-sales ratio sometimes means that profits are anemic. But a new management or an improvement in the product line could change that. Thus, this ratio may point to turnaround candidates. Here’s another reason to like the price-to-sales ratio: It’s harder for a company to manipulate sales figures than earnings figures. Read more

U.S. complains to WTO about retaliations against Trump's tariffs

The Trump administration on Monday brought cases against China, the European Union, Canada, Mexico and Turkey at the World Trade Organization for retaliating against American tariffs on imported steel and aluminum. Read more

Warren Buffett and Charlie Munger given flexibility to buy back Berkshire shares

Berkshire said Tuesday its board authorized Chairman and Chief Executive Warren Buffett and Vice Chairman Charlie Munger to repurchase stock "at any time" if they agree that its price is below the stock's "intrinsic value, conservatively determined." Read more

Mutual of Omaha expanding its Medicare Advantage product, starting with Cincinnati

Mutual of Omaha’s first Medicare Advantage plan will go on sale this fall in Cincinnati, the company said Tuesday, the start of Mutual’s strategy to create a nationwide Medicare Advantage product. Read more

11:30 a.m. Tuesday: Chat about all things Buffett, Berkshire

Have a question for Steve Jordon about the Oracle of Omaha? Join Steve Jordon  at 11:30 a.m. July 17 for a chat about all things Warren Buffett. Read more

FCC has 'serious concerns' about $3.9 billion Sinclair-Tribune merger

Sinclair Broadcasting’s proposed $3.9 billion acquisition of Tribune Media has raised “serious concerns” at the Federal Communications Commission about the amount of control the combined company would have over the U.S. television market, said Ajit Pai, the agency’s chairman. Read more

Warren Buffett donates $3.4 billion — a record amount — to 5 foundations

Warren Buffett donated $3.4 billion in Berkshire Hathaway Inc. stock Monday to five foundations, a record amount for him and the annual follow-up to his 2006 foundations pledge and his plan to donate nearly all his wealth to charity. Read more

Cuba will lift freeze on new private restaurants and bed-and-breakfasts, add regulations

A 16-month freeze on new private restaurants and bed-and-breakfasts will end in December when Cuba’s communist government implements new regulations meant to prevent tax evasion and the accumulation of wealth, state media said Tuesday. Read more