Warren Buffett opposes Omaha streetcar project, lobbies for bus instead

Billionaire investor Warren Buffett broke with his practice of staying out of local politics to urge his hometown of Omaha to abandon its planned streetcar project because he says it’s too expensive and not as flexible as buses.

Buffett wrote a letter to the editor of the Omaha World-Herald and met with the mayor this week to lobby against the $306 million project and urge the city to let residents vote on it.

But city officials are moving forward with the streetcar because they believe it will spur development, including Mutual of Omaha’s planned $600 million headquarters tower downtown.

Buffett said in his letter that he decided to make an exception to his policy of staying out of local issues even though “it can be off-putting to many to have a wealthy 92-year-old tell them what is good for their future.” He said he wanted to weigh in on the

Loop Capital analyst says this holiday season was Bed Bath & Beyond’s ‘Custer’s last stand’

In June 1867, over 700 U.S. troops led by Lieutenant Colonel George Armstrong Custer were soundly defeated by the Lakota Sioux and allied Native American tribes in the legendary Battle of the Little Bighorn, also known as Custer’s Last Stand. It’s rare to hear Wall Street analysts reference 19th-century history, but Loop Capital managing director Anthony Chukumba believes that is something like what we’re seeing with Bed Bath & Beyond this holiday season.

“This really was Custer’s Last Stand, and it’s going to pretty much end the same way that it did for Custer,” he told Yahoo Finance on Wednesday. “We will not be having this same conversation a year from now about Bed Bath & Beyond. Bed Bath & Beyond will be gone.” Of course, Custer did not survive Little Bighorn, as depicted in countless books and adaptations, such as Son of the Morning Star.

If Bed Bath

Your tax to-dos before the end of the year

Many people avoid thinking about taxes until the April deadline rolls around each year. But by then it may be too late to take advantage of the top strategies to cut down your tax bill—or get a bigger refund.

Take some time before January 1 to check off these tasks while they still count.

6 tax to-do’s before 2022 ends 

Federal tax returns and payments are due on April 18, 2023 (state deadlines vary, but many match the federal deadline). While W-2 income statements won’t be sent out until late January, you can use an online calculator now to estimate what you might owe. All you need are your pay stubs for the year, showing how much you earned and how much you paid in income taxes. 

If you’re hoping to shrink your tax bill, or possibly boost your refund, here are some strategies to try—plus one time-saving tool that’ll

Forget about Teslas: Converting vintage muscle cars into electric vehicles is now a thing

When Kevin Erickson fires up his 1972 Plymouth Satellite, a faint hum replaces what is normally the sound of pistons pumping, gas coursing through the carburetor and the low thrum of the exhaust.

Even though it’s nearly silent, the classic American muscle car isn’t broken. It’s electric.

Erickson is among a small but expanding group of tinkerers, racers, engineers and entrepreneurs across the country who are converting vintage cars and trucks into greener, and often much faster, electric vehicles.

Despite derision from some purists about the converted cars resembling golf carts or remote-controlled cars, electric powertrain conversions are becoming more mainstream as battery technology advances and the world turns toward cleaner energy to combat climate change.

“RC cars are fast, so that’s kind of a compliment really,” said Erickson, whose renamed ”Electrollite” accelerates to 0-60 mph (0-97 kph) in three seconds and tops out at about 155 mph (249

Strep A is on the rise in children amid a growing shortage of common medication

A dangerous form of strep A may be on the rise in children, adding another infection for pediatricians to worry about this winter.

The US Centers for Disease Control and Prevention was notified in November of a possible increase in cases among children in a Colorado hospital, according to a Thursday health advisory. Other states are also reporting cases of invasive Strep A. The UK has been hit by the infection as well, and more than 20 children have died from it.

Invasive strep, caused by the same bacteria as typical step infections, is less frequent and more severe, and can lead to death in some cases. Strep A is a bacterial infection caused by the Group A Streptococcus bacteria, and is most often seen in the winter months. 

Additionally, increased rates of infection have been noted when influenza is also prevalent. Cases of seasonal influenza are currently high