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'Ugly' potential fallout from Supreme Court health care case

WASHINGTON- A Supreme Court ruling due in a few weeks could wipe out health insurance for millions of people covered by President Barack Obama's health care law. But it's Republicans- not White House officials- who have been talking about damage control. A likely reason: Twenty-six of the 34 states that would be most affected by the ruling have Republican...
Source: The Associated Press | By: By RICARDO ALONSO-ZALDIVAR, Associated Press
Wellmark seeking 43 percent rate increase for 14,000 members

About 14,000 South Dakota residents have individual insurance plans that are compliant with the ACA through the company, which makes up about 4 percent of its total members in the state. In South Dakota and Iowa, Wellmark has so far decided not to join the federal health care exchange set up by the Affordable Care Act, but still allows members who do not receive...
Source: The Associated Press
Paul commandeers Senate to protest Patriot Act

WASHINGTON- Republican presidential candidate Rand Paul commandeered the Senate floor Wednesday to deliver an hours-long protest against renewal of the Patriot Act, calling the post- Sept. 11 law government intrusion on Americans' privacy. "There comes a time in the history of nations when fear and complacency allow power to accumulate and liberty and...
Source: The Associated Press | By: By DONNA CASSATA, Associated Press
Oklahoma set to overturn local drilling controls as backlash brews

OKLAHOMA CITY/ WASHINGTON, May 20- Facing a backlash over the side effects of its oil and gas boom, Oklahoma is poised to overturn an 80- year-old statute that allows cities and towns to ban drilling operations within their borders. The move by Oklahoma's Republican-majority legislature follows a similar law signed on Monday by Texas Governor Greg Abbott in...
Source: Reuters | By: Heide Brandes and Yeganeh Torbati
Flood of new cash sustains US oil firms; energy dealmakers gripe

HOUSTON, May 20- U.S. oil companies, still smarting from the crude price rout, are attracting a wave of new investment from unlikely sources- hedge funds and private equity firms flocking to the energy market for the first time to bet on a rebound. "You've got generalist funds that have never invested in energy coming out of the woodwork," Michael Ames, an energy...
Source: Reuters | By: Anna Driver and Terry Wade
South Dakota Stockgrowers support country-of-origin labeling

SIOUX FALLS, S.D.- Congress should not hastily act on repealing country-of-origin meat labeling in the wake of a World Trade Organization ruling against the labels, South Dakota Stockgrowers Association President Bob Fortune said. Some groups including the North Dakota Stockmen's Association are now calling for Congress to repeal the law, saying they fear...
Source: The Associated Press
Raven Industries posts 1Q profit

SIOUX FALLS, S.D. _ Raven Industries Inc. on Tuesday reported fiscal first-quarter earnings of $4.9 million. Raven Industries shares have fallen 18 percent since the beginning of the year. Keywords: Raven Industries, Earnings Report.
Source: The Associated Press
SandRidge Energy stock falls with debt exchange  

SandRidge Energy stock tumbled with news the company agreed to a debt-share exchange.
Source: CNBC.com
Bird flu found on South Dakota egg-laying chicken farm

SIOUX FALLS, S.D.- An eastern South Dakota farm with 1.3 million egg-laying chickens is the first in the chicken-production business in the state to be infected with a deadly flu virus despite efforts to prevent it, state and farm officials said Thursday. A South Dakota State University lab confirmed the presence of the highly pathogenic H5 avian influenza...
Source: The Associated Press
Amtrak to operate system that might have prevented crash

WASHINGTON- The deadly Amtrak derailment near Philadelphia appears to be yet another accident that didn't have to happen. On Thursday, Amtrak President Joseph Boardman said the nation's passenger railroad will begin operating the technology, called positive train control, throughout its busy Northeast Corridor by the end of the year.
Source: The Associated Press | By: By JOAN LOWY, Associated Press