Business

Stocks Open Higher On Wall Street

NEW YORK - The latest on developments in financial markets (all times local): 9:35 a.m. Stocks are opening higher on Wall Street as big technology companies like Apple claw back some of the ground they lost in a rout over…

Former Toys R Us Workers to Get $20M in Hardship Fund

NEW YORK (AP) - Two private equity owners of the iconic Toys R Us toy chain will be handing over a $20 million hardship fund to the thousands of former workers left jobless and without severance after the chain was…

David's Bridal Files for Bankruptcy, But Your Order is Safe

David's Bridal is filing for bankruptcy protection but there is no danger for customers who have ordered dresses because operations continuing as normal while the wedding and prom retailer restructures. The bankruptcy filing, the private company said Monday, will wipe…

Facebook Says it's Getting Better at Removing Hate Speech

NEW YORK (AP) - Facebook says it's making progress on deleting hate speech, graphic violence and other violations of its rules and detecting problems before users see them. The company released its second report Thursday detailing how it enforces community…

Schwan's Sold to South Korean Company for $1.8 Billion

BLOOMINGTON, Minn. (AP) - A food distributor with deep roots in Minnesota has been sold to South Korea's largest food company. The Schwan's Co. is well known for home deliveries made by its gold trucks. The companies released a statement…

Insurer Nationwide Cutting 1,100 Jobs Across Country

DES MOINES, Iowa (AP) - Nationwide intends to eliminate the jobs of about 1,100 employees across the country - around 3.6 percent of its workforce. The insurance and financial services company says about 80 workers in Des Moines and 350…

Walmart to Give Hiring Preference to Military Spouses

Walmart is looking to hire more military spouses. The retail giant is announcing a new program called "The Military Spouse Connection." It gives hiring preference to those married to active military personnel. Walmart's CEO and President says military spouses are…

US Panel Warns Against Government Purchase of Chinese Tech

WASHINGTON (AP) - A congressional advisory panel says the purchase of internet-linked devices manufactured in China leaves the United States vulnerable to security breaches that could put critical infrastructure at risk. The U.S.-China Economic and Security Review Commission issued the…

Weisser Distributing Opens Warehouse in North Sioux Falls

SIOUX FALLS, S.D. - Weisser Distributing started 40 years ago with just a man and his truck.  Now, with over 140 employees, Weisser Distributing has officially opened a second location in northern Sioux Falls. The 40,000 square foot warehouse is…

Juul Halts Store Sales of Some Flavored E-Cigarettes

NEW YORK (AP) - The nation's leading e-cigarette maker says it has halted store sales of some flavors to deter use by kids. The announcement Tuesday by Juul Labs Inc. comes ahead of an expected government crackdown on underage sales…

South Dakota Ethanol Plant Investors to Vote on Merger

GROTON, S.D. (AP) - Investors of an ethanol plant in northeastern South Dakota will soon decide whether to merge with parent company POET Biorefining LLC. POET Biorefining LLC President Jeff Lautt tells the Aberdeen American News that officials recently discussed…

Great Bear Prepping For Snowy Season

SIOUX FALLS, S.D. - While not everyone enjoys the cooler temperatures, one Sioux Falls city park is jumping for joy. The rolling green hills at Great Bear won't…

Denny Sanford Premier Center General Manager Departs

SIOUX FALLS, S.D. - KDLT News has learned the General Manager of the Denny Sanford Premier Cent complex is no longer in the position. The city of Sioux Falls was notified Friday of Terry Torkildson's departure. A reason for this…

Another Keystone XL Setback; Environmental Review Ordered

NEW YORK (AP) - Environmentalists are lauding a federal court order that blocks a Trump administration permit for the construction of the Keystone XL pipeline, pending an environmental review. The pipeline would begin in Alberta and shuttle as much as…

US Job Openings Dip But Still Exceed Number of Unemployed

WASHINGTON - The number of jobs posted by U.S. employers declined slightly in September but still exceeded the number of unemployed Americans and remained near a two-decade high. The report from the Labor Department is the latest evidence that U.S.…

Toyota Recalls Over 1M Vehicles to Fix Air Bag Problem

DETROIT (AP) - Toyota is recalling just over 1 million vehicles worldwide because the air bags could inflate without a crash or fail to work if there is one. The recall covers about 17,000 Scion xA vehicles in the U.S.…

South Dakota to begin collecting online sales taxes

PIERRE, S.D. (AP) - Online shoppers in South Dakota: it's time to start coughing up sales tax. The state on Thursday will start requiring many out-of-state online retailers to collect South Dakota sales taxes under legislation approved earlier this year.…

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