Corporate cash-hoarding continues
Even as the economy improves, corporate America continues to pile up record amounts of unused cash, Bloomberg reports. Read more at Counterparties
Reuters Photojournalism
Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more
Sponsored Links
Nebraska Lieutenant Governor Sheehy resigns over phone scandal
(Reuters) - Nebraska Lieutenant Governor Rick Sheehy, the leading candidate to replace the current governor in the next election, resigned on Saturday after a newspaper investigation raised questions about improper cell phone calls made to women.
The Omaha World-Herald investigation found that the 53-year-old Republican made about 2,000 late-night calls to four women, other than his wife, on his state-issued cell phone over four years. The newspaper plans to publish results of the investigation on Sunday.
Colleen Sheehy, his wife of 28 years, filed for divorce in July 2012, according to the newspaper.
Governor Dave Heineman announced the resignation of Sheehy, a rising star in state politics, at a news conference. The governor said he was "deeply disappointed" and that Sheehy had done good work, but "trust was broken."
"Public officials are rightly held to a higher standard," Heineman said at the news conference, provided on the Omaha World-Herald website.
Heineman will leave office in 2015 and Sheehy had announced that he would run for governor. He was considered a leading candidate. Heineman selected Sheehy as lieutenant governor in 2005 after moving into the governor's office to replace Mike Johanns, who was tapped as U.S. agriculture secretary.
Heineman and Sheehy were elected to their first full term in 2006 and re-elected to a second term in 2010.
(Reporting by Mary Wisniewski; editing by Gunna Dickson)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints






Follow Reuters