Business

Shares in online retailers fall after tax ruling

WASHINGTON (AP) - Shares in online retailers dropped, and large chains with more stores traded higher following the Supreme Court sales tax ruling. Under the old rules, some companies did not collect sales tax on online purchases that were made…

South Dakota store manager: Tax ruling means local spending

WASHINGTON (AP) - The manager of a Native American art store in South Dakota says he thinks the Supreme Court's online sales tax decision will increase people's desire to spend their money locally. Dan Tribby, general manager of Prairie Edge…

Wayfair: No big impact from Supreme Court case

WASHINGTON (AP) - Home goods seller Wayfair says it doesn't expect the Supreme Court ruling that states can force shoppers to pay sales tax on online purchases to have a "noticeable impact" on its business. The company, which had been…

Court ruling clears way for Iowa to collect new sales taxes

DES MOINES, Iowa (AP) - The U.S. Supreme Court is clearing the way for Iowa to collect sales taxes on digital goods and services. The court ruled Thursday that states can force companies operating online to collect taxes, reversing decades-old…

Verizon to end some sale of phone-location data

Verizon is pledging to stop selling data to outsiders through intermediaries that can pinpoint the location of mobile phones, the Associated Press has learned. It is the first major U.S. wireless carrier to step back from a business practice that…

Avera Health Campus Construction on Schedule

SIOUX FALLS, S.D. - Officials gave an update on Friday on what's being called the largest construction project in the history of Sioux Falls. Avera's new $174 million campus at 69th…

Fleet Farm Breaks Ground at Sanford Sports Complex

SIOUX FALLS, S.D. -  On Thursday afternoon, crews broke ground on the new Fleet Farm Store coming to Sioux Falls.  The 185,000 square foot property will be located on the Western Campus of the Sanford Sports Complex. The “one-stop shop”…

Comcast challenges Disney with $65B bid for Fox

NEW YORK (AP) - Comcast is making a $65 billion bid for Fox's entertainment businesses, setting up a battle with Disney to become the next mega-media company. The bid comes just a day after a federal judge cleared AT&T's takeover…

Unseen Future for Badlands Motor Speedway

  BRANDON, SD  The fate of racing in Brandon is once again up in the air.  This time after Badlands Motor Speedway suspended its auction scheduled for next week.  The Speedway's future took…

Judge OKs AT&T-Time Warner merger

WASHINGTON (AP) - A federal judge has approved AT&T's merger with Time Warner. He rejected the government's argument that it would hurt competition in pay TV and cost consumers hundreds of millions of dollars more to stream TV and movies.…

Buffalo Ridge Brewery Coming to Hartford this Fall

HARTFORD, SD-The owners of a new brewery planned for Hartford are celebrating South Dakota flavors.  Buffalo Ridge Brewing has been in the works since February and today they broke ground for the new business. The four thousand square foot facility…

New Childcare Facility Coming to Northwest Sioux Falls

SIOUX FALLS, S.D. - A new childcare facility is expected to open in northwest Sioux Falls this month. Kinder Academy is the first business in the University Hills Village development in northwest Sioux Falls. They are licensed to serve up…

Avera Health Names Bob Sutton as President and CEO

SIOUX FALLS, S.D. - Avera Health has named Bob Sutton as their new President and CEO, succeeding John Porter who is retiring after 44 years. Sutton was most recently Avera's Executive Vice President of Human Resources. He was been with Avera…

Dakotas ag co-op progresses after merger

MITCHELL, S.D. (AP) - A large agriculture cooperative created by a merger is moving forward after starting operations in the Dakotas this year. The Daily Republic reports that Agtegra Cooperative purchased 85 million bushels of grain from February to April…

POET Biorefining making $5M in upgrades at Mitchell plant

MITCHELL, S.D. (AP) - POET Biorefining is making roughly $5 million in upgrades at its Mitchell-area site to expand equipment including for its business forming distillers grains produced while making ethanol into pellets that animals can easily eat. The Daily…

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