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.


68° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

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


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Valentino's Restaurant To Close In May

4/29/2015 11:05 AM

Valentino's Restaurant is getting ready to dish out its final pizza. The owners of the Italian buffet are ready to retire. 

Full Story
Tight Job Market Has Bank Offering Hiring Bonuses

4/29/2015 3:15 PM

A tight job market has one KELOLAND employer offering cold, hard cash to new hires and to the current employees who refer them. 

Full Story
Sioux Falls Woman Victim Of Loan Scam

4/30/2015 10:10 PM

But as one Sioux Falls woman found out, trying to get a loan online can only add to your financial troubles.

Full Story | Watch
AT&T Customers Eligible For Refunds

4/30/2015 12:41 PM

The company reached a deal with the Federal Trade Commission to refund customers for unauthorized charges.

Full Story
$1.3 Million Loft For Sale In Downtown Sioux Falls

5/5/2015 12:25 PM

A downtown Sioux Falls developer has built the most expensive loft ever on the market in the city.  The finishing touches are now being put on th...

Full Story


Events