FRANKFURT, Germany (AP) -- Shares in electric and hydrogen-powered truck startup Nikola plunged on Monday after the company's founder resigned amid allegations of fraud -- just two weeks after signing a $2 billion partnership with General Motors.
Friday, September 18, 2020
WALTHAM, Mass. (AP) -- Raytheon Technologies Corp. plans to eliminate more than 15,000 jobs this year at its corporate offices, jet engine-maker Pratt & Whitney and aviation and military equipment manufacturer Collins Aerospace amid the downturn in the airline industry, Chief Executive O…
BROOKINGS -- SDSU Extension has opened the Every Acre Counts program to include all counties in South Dakota with a primary emphasis on the eastern side of the state.
Thursday, September 17, 2020
NEW YORK (AP) -- Julie Campbell had to rethink her new wallpaper business before she could sell her first sheet.
Wednesday, September 16, 2020
NEW YORK (AP) -- A number of JPMorgan Chase traders have been sent home after employees tested positive for COVID-19, less than a week into the bank's push to start bringing its workers physically back into the office.
Tuesday, September 15, 2020
The short-video app TikTok has chosen Oracle as its corporate savior to avoid a U.S. ban ordered by President Donald Trump. The U.S. government will review the prospective deal.
Monday, September 14, 2020
Oracle said Monday that the Chinese owner of TikTok has picked the U.S. company to be its "trusted technology provider," beating out rival Microsoft in a deal that could help keep the popular video-sharing app running in the U.S.
Friday, September 11, 2020
SIOUX FALLS (AP) -- Federal regulators said Thursday they have cited Smithfield Foods for failing to protect employees from exposure to the coronavirus at the company's Sioux Falls plant, an early hot spot for virus infections that hobbled American meatpacking plants.
HONG KONG (AP) -- China has become a battleground for plant-based meat companies looking to tap into the world's largest market for meat-consumption.
Thursday, September 10, 2020
NEW YORK (AP) -- Century 21 Stores -- a destination for bargain hunters looking for fat deals on designer dresses and shoes, cosmetics and housewares for nearly 60 years -- has filed for Chapter 11 bankruptcy and is winding down its business, shutting all 13 stores across New York, New Jerse…
Wednesday, September 09, 2020
NEW YORK (AP) -- Mall owners Simon Property Group and Brookfield Property Partners are close to a deal to buy department store chain J.C. Penney out of bankruptcy and keep the chain running.
Thursday, September 03, 2020
DETROIT (AP) -- Korean automakers Hyundai and Kia are recalling over 600,000 vehicles in the U.S. and Canada to fix a brake fluid leak that could cause engine fires.
Wednesday, September 02, 2020
NEW YORK (AP) -- A Zoom call has become an integral part of daily life during the coronavirus pandemic. On Tuesday, Wall Street acknowledged as much by boosting the videoconferencing company's market value above that of more established companies such as Citigroup, Boeing and Starbucks.
Tuesday, September 01, 2020
TOKYO (AP) -- Billionaire investor Warren Buffett's Berkshire Hathaway said Monday it has taken stakes of just over 5% in five major Japanese trading houses in what it says is a long-term investment.
Monday, August 31, 2020
NEW YORK (AP) -- Lord & Taylor, one of the country's oldest department store chains, is going out of business after filing for bankruptcy earlier this month.
BERLIN (AP) -- Amazon says it's buying 1,800 electric delivery vans from Mercedes-Benz, the biggest such order for the German automaker to date.
Friday, August 28, 2020
BEIJING (AP) -- China blocked imports from an Australian beef producer on Friday after reporting a banned drug was found in its meat, and Australian officials said they were working to resolve the problem.
Thursday, August 27, 2020
At-home workouts and outdoor athletic activities are shaping up to be good business for Dick's Sporting Goods. The retailer's second-quarter results easily beat Wall Street's expectations as consumers continue to focus on health and wellness while stuck at home amid the coronavirus pandemic.
Wednesday, August 26, 2020
WOODWARD, Iowa (AP) -- Usually this time of year, someone could get lost in the tightly packed sea of corn that surrounds farmer Rod Pierce's house in central Iowa.
Monday, August 24, 2020
BERKELEY, Calif. (AP) -- Apple co-founder Steve Jobs, who died in 2011, was a tough act to follow. But Tim Cook seems to be doing so well at it that his eventual successor may also have big shoes to fill.
Friday, August 21, 2020
BERKELEY, Calif. (AP) -- Apple has become the first U.S. company to boast a market value of $2 trillion as technology continues to reshape a world where smartphones are like appendages and digital services are like instruments orchestrating people's lives.
Thursday, August 20, 2020
COPENHAGEN, Denmark (AP) -- The world's biggest shipping company, Denmark's A.P. Moller-Maersk, said Wednesday that its business dropped only slightly during the second quarter as the COVID-19 pandemic hurt global demand but the outlook for trade is highly uncertain.
Wednesday, August 19, 2020
NEW YORK (AP) -- The stock market is not the economy.
Tuesday, August 18, 2020
SALT LAKE CITY (AP) -- Officials on Monday confirmed the first U.S. cases of mink infected with the coronavirus following outbreaks in Europe.
Monday, August 17, 2020
Microsoft is back to selling smartphones for the first time since it abandoned its mobile business more than four years ago.
Friday, August 14, 2020
TOKYO (AP) -- Japanese technology giant SoftBank Group Corp.'s said Tuesday that its profit rose 12% in April-June from a year earlier as its investments added to its coffers, including sales of its shares in U.S. carrier T-Mobile.
Thursday, August 13, 2020
ST. PETERSBURG, Fla. (AP) -- National discount department store chain Stein Mart filed for bankruptcy on Wednesday after 112 years in business, and announced that it will close most, if not all, of its 280 stores.
Wednesday, August 12, 2020
NEW YORK (AP) -- One of the country's largest egg producers illegally inflated prices when the pandemic hit New York, taking in $4 million as it charged up to four times more per carton, state Attorney General Letitia James charged in a lawsuit Tuesday.
Tuesday, August 11, 2020
CANTON, Mass. (AP) -- As if 2020 wasn't weird enough, Dunkin' is getting into the cereal game.
Monday, August 10, 2020
McDonald's says it's suing Stephen Easterbrook, the CEO it ousted last year over an inappropriate relationship with an employee, alleging Monday that he covered up relationships with three other employees and destroyed evidence.
Friday, August 07, 2020
A federal judge in Iowa has dismissed a lawsuit California Rep. Devin Nunes filed against a major media organization that alleged he was defamed in a magazine story about his family's Iowa dairy farm.
Thursday, August 06, 2020
JACKSON, Miss. (AP) -- Four executives from two Mississippi poultry processing plants have been indicted on federal charges tied to one of the largest workplace immigration raids in the U.S. in the past decade.
Wednesday, August 05, 2020
LONDON (AP) -- BP plc said Tuesday it plans to slash dividends as the global oil company prepares for declining sales of fossil fuels by boosting investment in alternative energy projects.
Tuesday, August 04, 2020
TOKYO (AP) -- Japanese electronics and entertainment company Sony Corp. said Tuesday that its April-June profit jumped 53% as its video game and other online businesses thrived with people staying home due to the coronavirus pandemic.
Monday, August 03, 2020
NEW YORK (AP) -- Lord & Taylor, America's oldest retailer, is seeking bankruptcy protection, as is the owner of Men's Wearhouse and Jos. A. Bank, lengthening the list of major retail chains that have faltered in the pandemic.
Friday, July 31, 2020
IOWA CITY, Iowa (AP) -- One influential pork company has received most of the money from an Iowa program designed to support farmers who euthanized their hogs after the coronavirus devastated their industry, newly released data shows.
Thursday, July 30, 2020
Across the United States, authorities have received reports about people receiving packages through the mail from China containing unsolicited seeds.
Wednesday, July 29, 2020
Remington Arms, weighed down by lawsuits and retail sales restrictions following the Sandy Hook school massacre, is seeking bankruptcy protection for the second time in as many years.
Tuesday, July 28, 2020
WEST DES MOINES, Iowa (AP) -- The union representing workers at chicken processing plants in six states sued the U.S. Department of Agriculture on Tuesday, saying its policy of allowing companies to slaughter birds more quickly endangers workers and makes it more difficult to protect against…
Monday, July 27, 2020
FRANKFORT, Ky. (AP) -- Agriculture officials in multiple states issued warnings Monday about unsolicited shipments of foreign seeds and advised people not to plant them.
Thursday, July 23, 2020
DES MOINES, Iowa (AP) -- A study released Wednesday by the U.S. Agriculture Department into the disparity between cattle prices paid to ranchers and the higher prices earned by meat processors offers more details about the factors that have led to the situation.
Wednesday, July 22, 2020
PHILADELPHIA (AP) -- The owner of an award-winning organic dairy who pleaded guilty to defrauding investors of nearly $60 million was sentenced Monday to 10 years in federal prison.
Tuesday, July 21, 2020
NEW YORK (AP) -- Walmart Inc. said that it will be closing its namesake stores and Sam's Clubs on Thanksgiving Day this year, saying that it wants to have its employees spend time with their families during the coronavirus.
Monday, July 20, 2020
WAUWATOSA, Wis. (AP) -- Briggs & Stratton Corp., billed as the world's largest manufacturer of small gas engines, has filed for bankruptcy protection citing challenges due to the coronavirus pandemic, the company announced Monday.
Friday, July 17, 2020
FREEPORT, Maine (AP) -- L.L. Bean is expanding from its original model of direct-to-customer catalog sales and in-stores sales with an agreement to sell products in Nordstrom, Staples and sporting goods chain SCHEELS.
Thursday, July 16, 2020
OMAHA, Neb. (AP) -- The economy remains weak in rural parts of 10 Plains and Western states, according to a monthly survey of bankers released Thursday.
Wednesday, July 15, 2020
TOKYO (AP) -- Nissan unveiled an electric crossover vehicle Wednesday, the Japanese automaker's first major all-new model since getting embroiled in the scandal surrounding its former chairman, Carlos Ghosn.
Tuesday, July 14, 2020
Burger King is staging an intervention with its cows.
Friday, July 10, 2020
SILVER SPRING, Md. (AP) -- Uber has widened its reach in the fiercely competitive delivery market by acquiring Postmates in a $2.65 billion all-stock deal, the company said Monday.
Thursday, July 09, 2020
KNOXVILLE, Tenn. (AP) -- Former employees of an East Tennessee slaughterhouse raided by federal immigration agents in 2018 will get $610,000 in back pay and damages, according to a consent order filed in federal court.
Wednesday, July 08, 2020
PIERRE -- The South Dakota Beef Industry Council (SDBIC) unveiled the new Junior Beef Ambassador program for the summer, giving area youth the opportunity to share their beef story. The program is an opportunity for youth ages 5 to 18 to help them share their beef story.