Business

Farmland Prices Expected To Drop In 10 States

OMAHA, Neb. – A new survey says farmland prices are expected to continue their decline in parts of 10 Plains and Western states. The latest Rural Mainstreet survey shows that on average, bank CEOs in the region estimated farmland prices declined by 4 percent over the past 12 months. They expect farmland prices to fall by another 3.2 percent over the…

Facebook’s election ‘war room’ takes aim at fake information

MENLO PARK, Calif. (AP) – Facebook is showing off its new “war room,” a center for combating fake accounts and bogus news stories ahead of upcoming elections. It’s the social network’s latest public signal that it takes election interference seriously ahead of the midterms. Facebook didn’t always take the risk of election interference seriously. Days after the surprise victory of…

MetaBank Resolves Issues Impacting Direct Deposit

SIOUX FALLS, S.D. – In a statement released on Wednesday, MetaBank says they have resolved the issue that impacted direct deposits. MetaBank says their processing partner, FIS, is “no longer experiencing an issue with their ACH application.” MetaBank confirmed the issue with a system that transfers funds electronically on Tuesday. The issue impacted customers nationwide. PREVIOUS STORY SIOUX FALLS, S.D. –…

US probes Ford pickup tailgates opening unexpectedly

DETROIT (AP) – U.S. safety regulators are trying to figure out why the power tailgates on some Ford F-Series pickup trucks can open unexpectedly while the trucks are moving. The National Highway Traffic Safety Administration opened an investigation into F-250 and F-350 Super Duty trucks from the 2017 model year. The agency says In documents posted Wednesday that it has…

Facebook says hackers accessed 29M people’s accounts

NEW YORK (AP) – Facebook says hackers accessed data from 29 million accounts as part of the security breach disclosed two weeks ago. The exact number hadn’t been known before. Originally Facebook said 50 million accounts could have been affected, but Facebook didn’t know if they had been misused. The hackers accessed name, email addresses or phone numbers from those…

Stocks Open Sharply Higher on Wall Street Following Two-Day Rout

NEW YORK — The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening sharply higher on Wall Street following a two-day rout that shattered a long period of calm on the market. Big technology and consumer-focused companies, which took some of the worst losses earlier this week, were solidly higher in early trading Friday. Amazon…

Facebook says it purged more than 800 spam accounts, pages

NEW YORK (AP) – Facebook says it has purged more than 800 U.S. pages and accounts for spamming users with garbage links and clickbait. Facebook accuses their backers of “coordinated inauthentic behavior” for setting up networks of pages and accounts designed to mislead users about who they are and what they’re doing. The social network says these accounts spread “sensational…

Social Security Beneficiaries, Expect an Increase in Benefits

WASHINGTON – Tens of millions of Social Security beneficiaries and other retirees can expect an increase in benefits next year as inflation edges higher. The government announced a cost-of-living adjustment of 2.8 percent on Thursday. That would mean an extra $39 a month for the average retired worker. Seniors count on the money to help keep pace with rising prices…

Google Plus to close after bug leaks personal information

SAN FRANCISCO (AP) – Google is shutting down its underwhelming Plus social network for regular users, following its disclosure of a flaw discovered in March that exposed personal information of up to 500,000 people. The announcement came in a Monday blog post , which was also Google’s first public description of the privacy bug. The Wall Street Journal, citing anonymous…

AA aims to avoid putting delayed travelers on other airlines

DALLAS (AP) – American Airlines is telling employees to think twice before rebooking stranded customers on rival airlines, and regular economy-class passengers are the most likely to suffer when there are long delays or canceled flights. A new policy at American directs airport agents not to rebook economy passengers on competing airlines – with no stated limit on how long…

Survey: US companies added a healthy 230,000 jobs last month

WASHINGTON (AP) – U.S. businesses added a robust 230,000 jobs in September, a private survey found, a sign that strong economic growth is spurring companies to add more workers. Payroll processor ADP says that September’s job gain was the most in seven months. It followed 168,000 new jobs in August, a figure that was revised slightly higher. Construction firms added…

Toys R Us investors plan comeback for brand

A group of investors is planning a comeback for Toys R Us, in the latest twist for the troubled retail brand. The group, made up of secured lenders, said Tuesday it’s scrapping an auction for intellectual property assets because it didn’t receive any bids that were better than its own. The investors said they’ll work with potential partners to develop…

Badlands Motor Speedway to Be Demolished If Not Sold

BRANDON, S.D. – Badlands Motor Speedway will either be sold or torn down. Badlands says in the latest update on their website that its final sell date is December 31. The property’s current selling price is around $6 million. Their website goes on to say that they have gotten price quotes to demolish the track, bleachers and buildings. Owner Chuck…

Xcel Energy Giving Rebates to South Dakota Customers

SIOUX FALLS, S.D. – South Dakota energy companies have leftover money that needs to go back to their customers. This comes after the tax cuts and jobs act of 2017 passed by congress last year. Xcel Energy customers have already received their share. Due to tax cuts, Xcel had $11,500,000 that needed to go back to their customers. Over 88,000…