Business

3M To Pay $850 Million To Settle Chemicals Suit

MINNEAPOLIS (AP) – 3M Co. has agreed to pay the state of Minnesota $850 million to settle a case alleging the manufacturer damaged the state’s natural resources and contaminated groundwater by disposing chemicals over decades. Attorney General Lori Swanson announced the settlement Tuesday, a few hours after jury selection was halted on the day the trial was scheduled to begin….

Minnesota’s $5B Case Over 3M Chemicals Heads To Trial

MINNEAPOLIS (AP) – Minnesota officials will soon try to convince a jury that manufacturer 3M Co. should pay the state $5 billion to help clean up environmental damage it alleges was caused by pollutants the company dumped for decades. The long-awaited trial begins Tuesday in Minneapolis. Experts say it could have wide-reaching implications if the state succeeds, in part because…

Someone You Should Know: Longtime Businessman Runs for Mayor

Entenman Says Experience Has Prepared Him to Lead

As we head in to election season in Sioux Falls, we are profiling each of the seven candidates aiming for the mayor’s seat. This week’s “Someone You Should Know” is a man who says he has the experience in business and local government to help shape the future of Sioux Falls. 45 years ago Jim Entenman and his brother Lonny…

Financial Advisers React To Recent Dow Jones Drops

Sioux Falls, S.D.- This week has been a stressful one for wall-street experts with the big drops in the Dow Jones Industrial Average. “Honestly, I think this is fairly normal, fairly predictable,” says Thompson Private Wealth President Ray Thompson. The Dow Jones dropped over one-thousand points on Thursday. At the beginning of the week, the Dow Jones also dropped over…

Craft Brew Bills Pit Beer Distributors Against Microbrewers

PIERRE, S.D. (AP) – Competing bills overhauling rules for craft brewers are pitting beer distributors against microbreweries at the South Dakota Legislature. The Senate State Affairs Committee voted 7-2 Wednesday to approve a distributor-backed bill. A panel passed Gov. Dennis Daugaard’s brewer-supported legislation the day before. The governor’s bill would allow craft brewers to produce up to 30,000 barrels annually…

Bracco Purchased By Minervas, Grille 26, Morrie’s Steakhouse Owners

SIOUX FALLS, S.D. – The owners and operators of Minervas, Grille 26, and Morrie’s Steakhouse has purchased Bracco World Cafe. Vanguard Hospitality will be rebranding the establishment that closed its doors on December 31st. Vanguard says the new brand will embrace their concept of reflecting the company’s hospitality and standard for all their restaurants. “We are in the early stages…

Native American Tribes Push Back Against Yankton Casino Plan

PIERRE, S.D. (AP) – Native American tribes and a Deadwood gambling association are pushing back against a proposed casino and entertainment complex in southeastern South Dakota. Officials said Thursday that the Port Yankton project would hurt tribes and the state. A coalition of Nebraska and South Dakota tribes opposes the push, which would require a change to the state constitution….

Toyota Recalls 645,000 Vehicles; Air Bags May Not Inflate

DETROIT (AP) – Toyota is recalling about 645,000 vehicles worldwide to fix an electrical problem that could stop air bags from inflating in a crash. The recall covers certain Toyota Prius and Lexus RX and NX SUVs. Also covered are some Toyota Alphard, Vellfire, Sienta, Noah, Voxy, Esquire, Probox, Succeed, Corolla, Highlander, Levin and Hilux models. All were produced from…

Wessington Springs Approve $3.5 Million Bond For Building Upgrades

Sixty-Two Percent Of Voters Favored The Bond Issue

WESSINGTON SPRINGS, S.D. (AP) – Voters in the Wessington Springs school district have approved a $3.5 million bond issue for building upgrades, just two months after defeating a more expensive measure. Sixty-two percent of voters in Tuesday’s election favored the bond issue, which needed 60 percent approval to pass. The money will cover various improvements, from plumbing to electrical systems….

Empire Mall Skirts Closures

SIOUX FALLS, SD-Many big chain retails have filed for bankruptcy and closed stores across the country, the latest being Toys”R”Us. They are closing 180 of their stores including one in Rapid City, but Sioux Falls does not need to worry. This is another store in the Empire mall that’s avoiding the closures,which is why they say they have no reasons…

Wind Turbine Blade Maker To Lay Off 200-Plus At Iowa Plant

FORT MADISON, Iowa (AP) – Wind turbine blade maker Siemens has announced it will lay off 202 workers at its Fort Madison plant in the southeastern corner of Iowa. The Des Moines Register reports that Siemens notified affected workers on Wednesday and plans to eliminate their positions by March 24. The company also notified Iowa Workforce Development. A statement from…