Business

Business
2:20 pm
Mon March 2, 2015

Dakota Midday: Economic Growth Ahead in Midwest

Mid-America Business Conditions index

A new survey of business leaders in South Dakota and eight other Midwest and Plains states suggests that economic growth lies ahead over the next three to six months. That’s according to the latest monthly report  from Creighton University’s Mid-America Business Conditions Index.

Read more
Business
1:33 pm
Fri February 13, 2015

The OWN

Samantha Ellis discussed a new platform from which women can run their businesses.  It's called The OWN and is based in Rapid City.  Freelancers, skilled professionals, crafts women and even CEO's of existing businesses can use the network community and facility.

Read more
Business
2:37 pm
Tue February 10, 2015

Dakota Midday: A Good Time for Vinyl Records

Black Hills Vinyl
Credit Black Hills Vinyl

Last year was another bad one for the music industry. Sales of compact discs and digital albums fell for another year as more music fans consumed music through on-demand streaming services. But the sales of vinyl records - which seemed like a dead format after the introduction of the CD  - grew by 52 percent in 2014.

Read more
Business
2:34 pm
Mon February 9, 2015

Dakota Midday: New Program Helps Emerging State Leaders

Since September, 40 members of the inaugural Leadership South Dakota class have visited several communities around the state for insight on the organizations, businesses and industries important to the state. This weekend they’re in Sioux Falls exploring health and financial services. As the first year of the program ends this spring, applications for the second open in March.

Read more
Business
2:49 pm
Wed February 4, 2015

Dakota Midday: New Project Aims to Boost Cheyenne River Reservation Cultural Tourism

A new initiative has been launched by a Native American non-profit on the Cheyenne River Reservation to help boost the local economy through cultural tourism. Over the next two years, Four Bands Community Fund will implement the “Rediscovering Native Art on Cheyenne River” project to assist artists in marketing their work. Tanya Fiddler, executive director of Four Bands, says that Cheyenne River offers unparalleled beauty and a rich cultural experience for visitors. She says the project will help people on the reservation to embrace that culture and think of it as an asset.

Read more
Business
2:21 pm
Tue January 20, 2015

Dakota Midday: Economic Development in Indian Country

Carl Artman
Credit U.S. Department of the Interior

As the former Assistant Secretary of the Interior for Indian Affairs, Carl Artman oversaw the BIA during the Bush Administration between 2007 and 2008.  Artman is a member of the Oneida Tribe of Wisconsin and a professor at the Arizona State University College of Law. He’s director of the University’s Tribal Economic Development Program.  SDPB’s Charles Michael Ray spoke with Artman for Dakota Midday about efforts to build economies on tribal lands in South Dakota.

Read more
Business
3:12 pm
Tue December 23, 2014

South Dakota's Small Business Climate

Jeffrey Hayzlett.

South Dakota is consistently rated one of the best small business states in the country. Jeffrey Hayzlett, C-Suite Networks Chairman and C-Suite TV host for Bloomberg Television, thinks 2015 will be no different. Hayzlett is a graduate of Augustana College in Sioux Falls. As someone who has global business experience and has established businesses from New York to Los Angeles, Hayzlett knows all that South Dakota has to offer the industry.

Read more
Business
2:54 pm
Tue December 23, 2014

Wiese Joins Farm Rescue

Credit Farm Rescue

Flandreau native Dennis Wiese recently joined Farm Rescue, a one-of-a-kind nonprofit organization that provides planting, harvesting and haying assistance free of charge to family farmers who have suffered a major injury, illness or natural disaster. Wiese, who was president of the South Dakota Farmers Union from 1993-2005, serves as Farm Rescue's director of development. Farm Rescue is based in Jamestown, North Dakota. It was launched by Bill Gross in 2005. Wiese discussed Farm Rescue on Tuesday.

Read more
Business
3:28 pm
Mon December 8, 2014

Tolstoy Farm Operation Diversifies For Success

Eric Johannsen is a fourth-generation farmer/rancher/outfitter near Tolstoy. He, along with his father and brother, operate their 5000 acres which have been in the family since the 1920s using a highly managed and sophisticated combination of no-till farming of corn and wheat, CRP grasslands, natural sloughs, wooded shelter belts and food plots.  The land generates profits and maximizes wildlife populations.  SDPB's Joe Tlustos visited the Johannsen's operation last week.

Read more
Business
2:12 pm
Tue November 25, 2014

Dakota Midday: Better Business Bureau Tips for Holiday Shopping

Several major retailers are getting a jump on Black Friday by opening on Thanksgiving. Black Friday is the unofficial start to the holiday shopping season with stores offering special deals. Over the past few years, online retailers have been offering discounts as well on Cyber Monday. Jessie Schmidt with the Better Business Bureau in Sioux Falls joined Dakota Midday with safe shopping tips.

Read more
Business
2:55 pm
Fri November 14, 2014

Sioux Falls Made Market Coming Soon

Jodi Schwan, Editor of the Sioux Falls Business Journal, discusses the first Sioux Falls Made Market December 5, 2014, at the Sioux Falls Argus Leader.  Schwan says the makers movement taps into the American culture that says if you can dream it, you can make a living with it.  She says incubating start-up commerce leads to new businesses.

Read more
Business - Food - Tanka
3:51 pm
Mon October 13, 2014

Tanka Fund Jerky Bar Thunders Into Pow Wow

The Tanka Fund Jerky bar.
Credit Courtesy Native American Natural Foods

A Native American business located on the Pine Ridge Reservation is introducing a new product this weekend at the Black Hills Pow Wow in Rapid City. The Tanka Fund Bar is intended to not only be a healthy snack, but a means of bringing the buffalo back to Native Americans.

Read more
Business
2:44 pm
Tue August 19, 2014

Luncheon Series to Discuss Building South Dakota Communities

Eva Aldrich, President and CEO of CFRE International
Credit CFRE

Much of the strength of South Dakota’s rural communities is built upon the work of volunteers in non-profit and non-governmental organizations. Leaders interested in learning how to continue making South Dakota a better place to live, work and play are invited to series of luncheon conversations next week in Rapid City, Aberdeen and Mitchell. 

Read more
Business - Lakota - Credit
2:38 pm
Mon August 18, 2014

Lakota Federal Credit Union Calls For More Members

Members line-up to make transactions at the Lakota Federal Credit Union.
Credit Photo by Jim Kent

A financial institution on the Pine Ridge Reservation is giving Lakota tribal members the opportunity to conduct banking transactions within close proximity to their homes for the first time in history. The Lakota Federal Credit Union also allows tribal members to not only save money, but to invest in fellow tribal members.

But you can’t save or invest unless you open an account and make deposits.

Read more
Business
3:33 pm
Fri August 15, 2014

Accelerator Boot Camp

Credit South Dakota Technology Business Center

Cara Hetland hosted today's Innovation program from the South Dakota Technology Business Center in Sioux Falls where she visited with several entrepreneurs at the annual Accelerator Boot Camp.  Pam Boehm, Entrepreneurship and Incubation Manager at the Technology Business Center, discussed this year's boot camp.

Read more
Business - Custer - Burgers
6:22 am
Fri August 8, 2014

Black Hills Burger & Bun Named Best

Black Hills Burger and Bun's "Classic Burger" with cheddar cheese.
Credit Photo by Jim Kent

A restaurant in the Black Hills town of Custer has been named the best place in America to buy burgers by the travel website Trip Advisor. In a country where 40 billion burgers are consumed annually, that’s quite a moniker to live up to. Today we visit “Black Hills Burger and Bun” to find out what patrons think of the eatery’s new status and to do a little taste-testing himself.

Like the greater majority of people in America, I love a good burger. And though I eat a good many of them from my own kitchen…..

Read more
Business - Lakota - Fund
1:40 pm
Fri August 1, 2014

Lakota Funds Grows

Lakota Funds executive director Tawney Brunsch.
Credit Courtesy Lakota Funds

A community loan fund based in Kyle is taking steps to build its internal capacity to serve the needs of growing and larger businesses on the Pine Ridge Reservation.

The goal is to increase awareness of business financing solutions on the reservation and ultimately impact the creation or expansion of 30 businesses.

Lakota Funds has assisted in the start-up of hundreds of small businesses on the Pine Ridge Reservation since it was founded 28 years ago.

Read more
Business
1:36 pm
Thu July 3, 2014

Better Motivation Through Empathy

The question of how to motivate people to do their best work has always been a challenge for executives and managers. The “carrot and stick” approach of rewards and punishment has been the traditional method for inspiring worker motivation.

Read more
Business - Lakota - Coffee
11:50 am
Fri May 30, 2014

Hoka Coffee Creates Rez Brew

Hoka! Coffee - on the Pine Ridge Reservation.
Credit Courtesy Hoka! Coffee

The Lakota are known for their strong cultural beliefs and traditions, their respect for all creatures – especially the buffalo, their sense of humor and their love of gatherings – large and small – that revolve around food. Always present at these gatherings – regardless of the season, is coffee.

Today we visit with a young woman on the Pine Ridge Reservation who decided to honor her own love of the coffea shrub – and that of the Lakota people – by establishing her own coffee company.

Read more
Business
2:12 pm
Thu May 22, 2014

A Conversation With Mark Tilsen

Native American Natural Foods co-founder Mark Tilsen.
Credit www.tankabar.com

Mark Tilsen is co-founder of Native American Natural Foods, that company that makes the Tanka Bar.  The company is headquartered in Kyle on the Pine Ridge Reservation.  The company's vision includes staying on Pine Ridge to help create jobs and improve economic development.  This spring, Tilsen was invited to speak before a Congressional committee in Washington, D.C.  He discussed the challenges of creating business in Indian Country.  SDPB news producer Charles Michael Ray visited with Tilsen after he returned from the nation's capital.

Read more
Business
2:34 pm
Wed May 21, 2014

Sioux Falls Businesses Look To Bakken

Paul Hegg.
Credit Hegg Companies

Paul Hegg, President and CEO of Hegg Companies, Inc., delivered a keynote address at last week's South Dakota Real Estate Investors Association meeting.  His presentation, "5 Reasons Sioux Falls Entrepreneurs Need to Expand to the Bakken Today," detailed specific actions Sioux Falls small business owners can take advantage of an unprecedented expansion on South Dakota's border.

Read more
Business
10:37 am
Wed May 14, 2014

SD Education, Business Work In China

One business agreement between a South Dakota company and a Chinese industry is a done deal. Business, education, and political leaders from South Dakota are in China this week on a trade mission. Governor Dennis Daugaard says the deal has been in the works, and it happened to come together while the delegation is in Asia. The governor hasn’t disclosed additional details.

Read more
Business - Hot Springs - Plunge
1:45 am
Mon May 5, 2014

Evans Plunge Re-Opens Under City Ownership

"The Plunge" after its re-opening under ownership of the City of Hot Springs.
Credit Courtesy City of Hot Springs

The Evans Plunge has been an important part of the small southern Black Hills town of Hot Springs for more than a century. Its warm waters have helped soothe those with physical ailments as well as provide a place for recreational activities to visitors and local residents alike. 

We visited “The Plunge” after its recent Grand Re-Opening to talk to community members about their views on the popular water spot’s new owners: the city of Hot Springs.

Read more
Business - Lakota - Loan
1:21 pm
Mon April 14, 2014

Lakota Federal Credit Union Raises Loan Limits

Credit Courtesy Lakota Federal Credit Union

The Lakota Federal Credit Union has announced an increase in its secured loan limit from $5000 to $25,000. The move allows members to raise their credit rating as well as purchase much-needed vehicles to travel the remote reaches of the Pine Ridge Reservation.

The Lakota Federal Credit Union was created in 2012 and is the first bank available to residents of the Pine Ridge Reservation within the reservation’s boundaries.

Frances Morgan lives in Kyle. She says banking wasn’t an option for her before the Lakota Federal Credit Union.

Read more
Business
2:29 pm
Tue April 8, 2014

Train Shortage Creates Ag Crisis

Soybeans pile up at grain elevator
Credit Kealey Bultena / SDPB

As the weather warms up and farmers prepare to get into the fields, some of the harvest from last season is still in storage and in piles. Bath, South Dakota farmer Dennis Jones says the situation has reached a crisis level because railroad equipment and crews aren’t available to haul grain to market because of the demands in the Bakken Oil Fields.

Read more
Business
1:28 pm
Mon March 31, 2014

Increasing The Tourism Travel In South Dakota

SD Tourism Secretary Jim Hagen

South Dakota Tourism Secretary Jim Hagen is one of 13 new additions to the federal Travel and Tourism Advisory Board. The 32-member panel offers guidance to the U.S. Secretary of Commerce on national tourism policy. It includes members from across the country, including representatives from public and private sectors. Hagen says he wants to ensure that travel industries in all states are considered in national strategy and policy. He says he looks forward to helping increase travel to and around the country.

Read more
Business
3:01 am
Thu March 27, 2014

Sioux Falls: The State Of The City

Revenues for the city of Sioux Falls are breaking records, but tax dollars aren’t the only measure of the city’s growth. The final tally from last year puts most of the numbers above and beyond estimates. Sioux Falls leaders say they’re working to stay ahead of problems associated with quick development.

The special city council meeting comes to order with a gavel, an invocation, and a pledge. Right away, Mayor Mike Huether starts the State of the City address with finite numbers that prove Sioux Falls is growing.

Read more
Business
11:23 am
Wed March 19, 2014

Sioux Falls Sees Record Retirement

Human Resources Director Bill O'Toole discusses retirement projections for the City of Sioux Falls.
Credit Kealey Bultena / SDPB

A change to city workers’ pension is prompting more Sioux Falls employees to retire. That means some long-held positions are open to people who want to work for the state’s largest city.  

By the end of 2014, Sioux Falls leaders expect more than 70 city employees to retire. That number is double the usual count for retirements citywide.

Human Resources Director Bill O’Toole says he attributes the unusually high retirement rate to last year’s change in the city’s pension plan. He says replacing a retiree takes training.

Read more
Business - Lakota - Warrior
4:29 pm
Thu March 13, 2014

Warrior Bar Joins Tanka Lineup

The "Warrior Bar" - by Native American Natural Foods, is twice the size of the company's popular Tanka Bar.
Credit Courtesy Native American Natural Foods

A South Dakota-based Native American health food company has announced a new product aimed at the high performance athlete market.

The “Warrior Bar” is the first joint development in what’s expected to be a long-term partnership with Onnit Labs of Austin, Texas.

It’s been more than six years since the Tanka Bar was first introduced at the Black Hills Pow-Wow by Native American Natural Foods.

Read more
Business
4:11 pm
Tue March 4, 2014

Breaking Down Lewis & Clark Funding

Credit Lewis & Clark Regional Water System

President Obama’s budget released Tuesday includes $2.4 million for the Lewis & Clark pipeline. That money is for fiscal year 2015. The announcement comes the same week water project leaders got word that Congress is contributing $5.2 million dollars to the current budget.

The Lewis and Clark Regional Water System is two decades in the making, and a lack of federal funding has the project at a near standstill.

Read more

Pages