Business

SEC Fines $100M Facebook on Disclosing Data Risk

WASHINGTON (AP) - Facebook will pay a $100 million fine to the Securities and Exchange Commission to settle charges it made misleading disclosures about the risk of misuse of Facebook user data. The SEC says Facebook presented misuse of data…

FTC Fines Facebook $5B, Adds Oversight for Privacy Mishaps

WASHINGTON (AP) - Federal regulators are fining Facebook $5 billion for privacy violations and instituting new oversight and restrictions on its business. But they are only holding CEO Mark Zuckerberg personally responsible in a limited fashion. The fine is the…

Flood-hit Midwest Businesses Struggle to Restore Customer Volume

OMAHA, Neb. (AP) - Some Nebraska and Iowa businesses are still struggling to recover from flooding that damaged their properties or otherwise kept customers away from their doors. The Federal Emergency Management Agency estimated that in Nebraska alone, more than…

Equifax to Pay Up to $700M in Data Breach Settlement

WASHINGTON (AP) - Equifax will pay up to $700 million to settle with the Federal Trade Commission and others over a 2017 data breach that exposed Social Security numbers and other private information of nearly 150 million people. The proposed…

Instagram Expands Hiding 'Likes' to Make You Happier

SAN FRANCISCO (AP) - Instagram is expanding a test to hide how many "likes" people's posts receive as it tries to combat criticism that such counts hurt mental health and make people feel bad when comparing themselves to others. The…

Iowa Unemployment Rate Remains Among Lowest in US at 2.4%

DES MOINES, Iowa (AP) - Iowa's unemployment rate remained 2.4% in June, making it among the lowest in the nation. The rate released Friday by the Workforce Development agency ranked third in the nation, behind only Vermont and North Dakota.…

Downtown Sioux Falls Businesses Prep for Crazy Days

SIOUX FALLS, S.D. - Organizers say Crazy Days in downtown Sioux Falls is like Black Friday in July. The summer sale begins Friday and includes 26 businesses. No matter what you've got your eye on, organizers say it's a great…

Toys R Us Makes a Small Comeback with 2 Stores

NEW YORK (AP) - The first two new Toys R Us stores will open in November as part of a small comeback of the defunct iconic toy chain in the U.S. Richard Barry, a former Toys R Us executive and…

Downtown Businesses Prep For 'Crazy Days' Summer Sale

SIOUX FALLS, S.D. - It's practically Black Friday in July. Each year, Downtown Sioux Falls businesses pull out all stops for the 'Crazy Days' summer sales. This year is no different. 26 businesses have deals for you to choose from.…

Hackers Gain "Unauthorized Access" in Spring Data Breach

Sprint has confirmed a serious data breach. The company is informing customers that hackers may have gained "unauthorized access" to accounts through Samsung's "add a line" website. Information such as names, billing addresses, phone numbers, and other sensitive details may…

Report: FTC Approves Roughly $5B Fine for Facebook

SAN FRANCISCO (AP) - A Wall Street Journal report says the FTC has voted to approve a fine of about $5 billion for Facebook over privacy violations. The report Friday cites an unnamed person familiar with the matter. Facebook declined…

Jim Beam to Be Fined for Bourbon Fire That Hurt Rivers, Fish

VERSAILLES, Ky. (AP) - Authorities say Jim Beam will be fined for the warehouse fire that contaminated nearby waters with bourbon and killed fish. Kentucky's Energy and Environment Cabinet spokesman John Mura tells WKYT-TV that there will be a penalty.…

Senator Rounds Backs U.S. Cabinetry Market Amid Trade War

SIOUX FALLS, S.D. - We've talked a lot about how the trade war with China is impacting ag producers but there's another industry at risk from what some are calling "unfair trade practices" by China. Leaders of the American Kitchen…

Meat From A Lab? Startups Cook Up Alternative To Slaughter

EMERYVILLE, Calif. (AP) - A growing number of startups worldwide are making meat that doesn't require slaughtering animals. Cell-based or cultured meat is produced by extracting cells from an animal and feeding the cells in a nutrient broth until they…

Amazon Minnesota Warehouse Workers Plan 'Prime Day' Strike

MINNEAPOLIS (AP) - Workers at an Amazon warehouse in suburban Minneapolis say they'll hit the online retail and entertainment giant with a brief strike next Monday. They're targeting "Prime Day" - one of Amazon's biggest days of the year -…

On Facebook

kdlttv-kdlt-300x100-146964-08082016-808

On Twitter