News Minute: Here is the latest Nebraska news from The Associated Press at 6:40 a.m. CST
OMAHA, Neb. (AP) - Online brokerage TD Ameritrade’s fiscal first-quarter profit fell 37% in the first full quarter with free commissions on most trades. The Omaha, Nebraska, based company said Tuesday it earned $379 million, or 70 cents per share, in the quarter. The company said one-time costs drug its earnings down 6 cents per share. The analysts surveyed by Zacks Investment Research expected earnings of 77 cents per share on average. TD Ameritrade agreed last fall to be bought by rival Charles Schwab in a $26 billion stock deal that is expected to close in the second half of this year.
HASTINGS, Neb. (AP) - A Nebraska man who was acquitted of a murder charge has been imprisoned for conspiring to commit a robbery in Hastings. Daniel Harden was sentenced Tuesday to 40 to 44 years. He was charged with first-degree murder, a weapons count and conspiracy to commit robbery. But jurors convicted him only of the robbery charge. He was accused of shooting to death Jose Hansen on Sept. 11, 2017. Prosecutors had said that Harden and another man, Deante Mullen, tried to rob Hansen, and Hansen was shot in the back. Mullen awaits sentencing Feb. 11.
LINCOLN, Neb. (AP) - Nebraska’s top business groups have endorsed two bills designed to help low-income people transition from part-time to full-time jobs. The bills seek to eliminate the so-called cliff effect in public benefit programs, an unintended consequence of state law that discourages recipients from seeking higher-paying jobs. Under current law, recipients of the Supplemental Nutritional Assistance Program and Nebraska’s child care subsidy lose their benefits as soon as their incomes rise above the federal eligibility limit. For many recipients, losing their benefits means they’re making less money overall even though they’ve accepted a higher-paying job.
OMAHA, Neb. (AP) - The amount of water being released into the Missouri River from Gavins Point Dam will be reduced slightly to protect drinking water supplies even though the U.S. Army Corps of Engineers is still working to eliminate water from last year. The Corps said Tuesday it is trimming the amount of water flowing out of Gavins Point to 27,000 cubic feet (764.55 cubic meters) per second. Corps spokeswoman Eileen Williamson said the new lower releases will allow the level of Lewis and Clark Lake to stabilize and ensure communities will be able to continue drawing drinking water from the lake,
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