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Omaha Sun
The ''Omaha Sun'' was a weekly newspaper that published from December 27, 1951 to August 31, 1983. It was formerly owned by Berkshire Hathaway, a company headed by investor Warren Buffett. The staff of The Sun Newspapers of Omaha, Nebraska was awarded a Pulitzer Prize for Local Investigative Specialized Reporting in 1973 for uncovering the large financial resources of Boys Town, a Catholic youth care center and charity, leading to reforms in the organization's solicitation and use of funds contributed by the public. Buffett's Berkshire Hathaway bought the newspapers in 1968. The company sold them in 1980 to Hyde Park Herald The ''Hyde Park Herald'' is a weekly newspaper that serves the Hyde Park neighborhood of Chicago, Illinois. Overview The newspaper was founded in 1882. For the ''Heralds first seven years, it was a suburban newspaper covering affairs in an ind ... publisher Bruce Sagan. The ''Sun'' newspapers stopped publishing in 1983. References Newspapers publi ...
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Omaha, Nebraska
Omaha ( ) is the largest city in the U.S. state of Nebraska and the county seat of Douglas County. Omaha is in the Midwestern United States on the Missouri River, about north of the mouth of the Platte River. The nation's 39th-largest city, Omaha's 2020 census population was 486,051. Omaha is the anchor of the eight-county, bi-state Omaha-Council Bluffs metropolitan area. The Omaha Metropolitan Area is the 58th-largest in the United States, with a population of 967,604. The Omaha-Council Bluffs-Fremont, NE-IA Combined Statistical Area (CSA) totaled 1,004,771, according to 2020 estimates. Approximately 1.5 million people reside within the Greater Omaha area, within a radius of Downtown Omaha. It is ranked as a global city by the Globalization and World Cities Research Network, which in 2020 gave it "sufficiency" status. Omaha's pioneer period began in 1854, when the city was founded by speculators from neighboring Council Bluffs, Iowa. The city was founded along th ...
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Newspaper
A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as politics, business, sports and art, and often include materials such as opinion columns, weather forecasts, reviews of local services, obituaries, birth notices, crosswords, editorial cartoons, comic strips, and advice columns. Most newspapers are businesses, and they pay their expenses with a mixture of subscription revenue, newsstand sales, and advertising revenue. The journalism organizations that publish newspapers are themselves often metonymically called newspapers. Newspapers have traditionally been published in print (usually on cheap, low-grade paper called newsprint). However, today most newspapers are also published on websites as online newspapers, and some have even abandoned their print versions entirely. Newspapers developed in the 17th century ...
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Berkshire Hathaway
Berkshire Hathaway Inc. () is an American Multinational corporation, multinational conglomerate (company), conglomerate holding company headquartered in Omaha, Nebraska, United States. Its main business and source of capital is insurance, from which it invests the float (the retained premiums) in a broad portfolio of subsidiaries, equity positions and other securities. The company has been overseen since 1965 by its chairman and CEO Warren Buffett and (since 1978) vice chairman Charlie Munger, who are known for their advocacy of value investing principles. Under their direction, the company's book value has grown at an average rate of 20%, compared to about 10% from the S&P 500 index with dividends included over the same period, while employing large amounts of capital and minimal debt. The company's insurance brands include auto insurer GEICO and reinsurance firm General Re. Its non-insurance subsidiaries operate in diverse sectors such as confectionery, retail, Rail transport, ...
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Warren Buffett
Warren Edward Buffett ( ; born August 30, 1930) is an American business magnate, investor, and philanthropist. He is currently the chairman and CEO of Berkshire Hathaway. He is one of the most successful investors in the world and has a net worth of over $100 billion as of November 2022, making him the world's sixth-wealthiest person. Buffett was born in Omaha, Nebraska. He developed an interest in business and investing in his youth, eventually entering the Wharton School of the University of Pennsylvania in 1947 before transferring to and graduating from the University of Nebraska at 19. He went on to graduate from Columbia Business School, where he molded his investment philosophy around the concept of value investing pioneered by Benjamin Graham. He attended New York Institute of Finance to focus his economics background and soon after began various business partnerships, including one with Graham. He created Buffett Partnership, Ltd in 1956 and his firm eventually acqui ...
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Pulitzer Prize For Investigative Reporting
The Pulitzer Prize for Investigative Reporting has been awarded since 1953, under one name or another, for a distinguished example of investigative reporting by an individual or team, presented as a single article or series in a U.S. news publication. It is administered by the Columbia University Graduate School of Journalism in New York City. From 1953 through 1963, the category was known as the Pulitzer Prize for Local Reporting, No Edition Time. From 1964 to 1984, it was known as the Pulitzer Prize for Local Investigative Specialized Reporting. The Pulitzer Committee issues an official citation explaining the reasons for the award. Pulitzer Prize for Local Reporting, No Edition Time * 1953: Edward J. Mowery of ''New York World-Telegram & Sun'', "for his reporting of the facts which brought vindication and freedom to Louis Hoffner." * 1954: Alvin McCoy of ''The Kansas City Star'', "for a series of exclusive stories which led to the resignation under fire of C. Wesley R ...
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Boys Town (organization)
Boys Town, officially Father Flanagan's Boys' Home, is a non-profit organization based in Boys Town, Nebraska, dedicated to caring for children and families. History Boys Town was founded on December 12, 1917, as an orphanage for boys. Originally known as "The City of Little Men", the organization was begun by Edward J. Flanagan, a Roman Catholic priest, while he worked in the Diocese of Omaha. Using a loan of $90, he first rented a home at 25th and Dodge streets, in Omaha, to care for five boys, the first of whom was named John Kresse. From these beginnings, the City of Little Men developed new juvenile care methods in 20th-century America, emphasizing "social preparation as a model for public boys' homes worldwide". 1921–1948: Father Flanagan develops Boys Town In 1921, Father Flanagan purchased Overlook Farm on the outskirts of Omaha and moved his boys' home there. The move to Overlook Farm was a major step in Father Flanagan's plan to create a developed community. In t ...
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Catholic Church
The Catholic Church, also known as the Roman Catholic Church, is the largest Christian church, with 1.3 billion baptized Catholics worldwide . It is among the world's oldest and largest international institutions, and has played a prominent role in the history and development of Western civilization.O'Collins, p. v (preface). The church consists of 24 ''sui iuris'' churches, including the Latin Church and 23 Eastern Catholic Churches, which comprise almost 3,500 dioceses and eparchies located around the world. The pope, who is the bishop of Rome, is the chief pastor of the church. The bishopric of Rome, known as the Holy See, is the central governing authority of the church. The administrative body of the Holy See, the Roman Curia, has its principal offices in Vatican City, a small enclave of the Italian city of Rome, of which the pope is head of state. The core beliefs of Catholicism are found in the Nicene Creed. The Catholic Church teaches that it is the on ...
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Hyde Park Herald
The ''Hyde Park Herald'' is a weekly newspaper that serves the Hyde Park neighborhood of Chicago, Illinois. Overview The newspaper was founded in 1882. For the ''Heralds first seven years, it was a suburban newspaper covering affairs in an independent unit of local government; after Hyde Park was annexed by Chicago in 1889, the ''Herald'' evolved into its current status as an urban neighborhood newspaper. The ''Herald'' covers local business, retail, politics, real estate and housing, the University of Chicago, sports, K–12 education and local Chicago Public Schools, parks (including the Barack Obama Presidential Center), crime, obituaries and fire. Freelancers provide photography and arts coverage. Key people The longtime owner of the ''Hyde Park Herald'' remains Bruce Sagan. He is father of Paul Sagan, the former CEO of Akamai Technologies. In July 2018, Sagan named Randall Weissman the new publisher. Future ''Washington Post'' columnist David Broder wrote for the ''H ...
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Newspapers Published In Omaha, Nebraska
A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as politics, business, sports and art, and often include materials such as opinion columns, weather forecasts, reviews of local services, obituaries, birth notices, crosswords, editorial cartoons, comic strips, and advice columns. Most newspapers are businesses, and they pay their expenses with a mixture of subscription revenue, newsstand sales, and advertising revenue. The journalism organizations that publish newspapers are themselves often metonymically called newspapers. Newspapers have traditionally been published in print (usually on cheap, low-grade paper called newsprint). However, today most newspapers are also published on websites as online newspapers, and some have even abandoned their print versions entirely. Newspapers developed in the 17th century ...
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History Of Omaha, Nebraska
The history of Omaha, Nebraska, began before the settlement of the city, with speculators from neighboring Council Bluffs, Iowa staking land across the Missouri River illegally as early as the 1840s. When it was legal to claim land in Indian Country, William D. Brown was operating the Lone Tree Ferry to bring settlers from Council Bluffs to Omaha. A treaty with the Omaha Tribe allowed the creation of the Nebraska Territory, and Omaha City was founded on July 4, 1854. With early settlement came claim jumpers and squatters, and the formation of a vigilante law group called the Omaha Claim Club, which was one of many claim clubs across the Midwest. During this period many of the city's founding fathers received lots in Scriptown, which was made possible by the actions of the Omaha Claim Club. The club's violent actions were challenged successfully in a case ultimately decided by the U.S. Supreme Court, '' Baker v. Morton'', which led to the end of the organization. Surrounded ...
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1951 Establishments In Nebraska
Events January * January 4 – Korean War: Third Battle of Seoul – Chinese and North Korean forces capture Seoul for the second time (having lost the Second Battle of Seoul in September 1950). * January 9 – The Government of the United Kingdom announces abandonment of the Tanganyika groundnut scheme for the cultivation of peanuts in the Tanganyika Territory, with the writing off of £36.5M debt. * January 15 – In a court in West Germany, Ilse Koch, The "Witch of Buchenwald", wife of the commandant of the Buchenwald concentration camp, is sentenced to life imprisonment. * January 20 – Winter of Terror: Avalanches in the Alps kill 240 and bury 45,000 for a time, in Switzerland, Austria and Italy. * January 21 – Mount Lamington in Papua New Guinea erupts catastrophically, killing nearly 3,000 people and causing great devastation in Oro Province. * January 25 – Dutch author Anne de Vries releases the first volume of his children's novel ''Journey Through the Night'' ( ...
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1983 Disestablishments In Nebraska
The year 1983 saw both the official beginning of the Internet and the first mobile cellular telephone call. Events January * January 1 – The migration of the ARPANET to TCP/IP is officially completed (this is considered to be the beginning of the true Internet). * January 24 – Twenty-five members of the Red Brigades are sentenced to life imprisonment for the 1978 murder of Italian politician Aldo Moro. * January 25 ** High-ranking Nazi war criminal Klaus Barbie is arrested in Bolivia. ** IRAS is launched from Vandenberg AFB, to conduct the world's first all-sky infrared survey from space. February * February 2 – Giovanni Vigliotto goes on trial on charges of polygamy involving 105 women. * February 3 – Prime Minister of Australia Malcolm Fraser is granted a double dissolution of both houses of parliament, for elections on March 5, 1983. As Fraser is being granted the dissolution, Bill Hayden resigns as leader of the Australian Labor Party, and in the subsequent lead ...
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