News Minute: Here is the latest Nebraska news from The Associated Press - KHGI-TV/KWNB-TV/KHGI-CD-Grand Island, Kearney, Hastings

News Minute: Here is the latest Nebraska news from The Associated Press

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OMAHA, Neb. (AP) - Union Pacific says second-quarter profits rose 17 percent from a year ago as it hauled more freight and raised shipping rates. But the railroad's crude oil shipments declined. Overall revenues for the quarter topped $6 billion and beat Wall Street forecasts.

LINCOLN, Neb. (AP) - Tax policy experts say Nebraska should take a more in-depth look at the impact of state tax incentives. The experts from the Pew Charitable Trusts have told lawmakers the tax breaks may help some industries but do little to benefit others.

OMAHA, Neb. (AP) - The federal government says insurers owe Nebraska residents more than $1.5 million because of a provision in the Affordable Care Act. Nearly 17,000 people will get refunds averaging more than $100 per family. The health care law requires insurance companies to spend at least 80 percent of the premiums they collect on medical care and quality improvement or return the difference.

OMAHA, Neb. (AP) - An Omaha day care owner has been fined $500 for failing to report child abuse. State investigators say Jennifer Schmaderer didn't tell authorities after some of her employees reported that a co-worker had been rough with children. That employee -- Sarah Cullen -- was convicted after a child she was caring for suffered a fractured skull and died.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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