User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


56° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Share your Photos, Videos, and Stories on uShare! Click here to get started.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Friday Afternoon Business Brief

September 14, 2012, 1:21 PM

Friday Afternoon Business Brief

With today's continued advance for the stock market, Wall Street is on track for a positive week. Investors have been energized by the Federal Reserve's announced moves intended to help the economy.

  • August was not a good month for industrial production, reported down 1.2 percent by the Federal Reserve. Manufacturing was down because of a decline in output at auto plants.
  • The U.S. government is no longer the majority owner of AIG. The bailed-out insurance company says the Treasury Department wrapped up a planned sale of AIG stock, yielding the  government nearly $21 billion.
  • The New York Stock Exchange is paying $5 million to settle federal civil charges that it gave some customers an unfair advantage providing them with data ahead of others. It marks the first time the Securities and Exchange Commission has imposed a fine on an exchange.
  • Republicans have pushed a bill through the House that would phase out federal loan guarantees like those that went to the now-bankrupt solar power company Solyndra, leaving taxpayers on the hook for more than $500 million. The "No More Solyndras Act," which passed on a mainly party-line vote, has no chance of advancing in the Democratic-led Senate.

 Find the latest local business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Valentino's Restaurant For Sale

10/20/2014 12:18 PM

Prime real estate on 41st Street in Sioux Falls is for sale. Valentino's Restaurant at 41st Street and Western Avenue has been listed for $1.35 mi...

Full Story
Long John Silver's Closes, Building For Sale

10/20/2014 12:31 PM

A longtime fast food option in Sioux Falls, the Long John Silver's restaurant is closing after more than 30 years in business. 

Full Story
Pierre Woman Wins On In-Flight Game Show

10/17/2014 12:10 PM

A South Dakotan is a winner on the Allegiant Airlines' first in-flight game show called "The Game Plane."  The reality show is film...

Full Story
SD Gas Prices Jump While Nation Approaches Four-Year Low

10/21/2014 11:00 AM

Gas prices have fallen to a nearly four-year low nationwide at an average of $3.09 a gallon.  AAA South Dakota says U.S. gas prices could drop to...

Full Story
Pop-Up Holiday Shop Coming to Downtown Sioux Falls

10/15/2014 11:45 AM

Unglued: Christmas Market, will open in the space formerly occupied by the Book Shop in the Carpenter Building on Phillips Avenue from Nov. 20 through...

Full Story


Events