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.


40° 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!

 

Most Popular Today


Friday Afternoon Business Brief

November 9, 2012, 1:12 PM

Friday Afternoon Business Brief

President Barack Obama is inviting Republican and Democratic Congressional leaders to the White House next week for talks on how to avoid the so-called fiscal cliff. Speaking at the White House, Obama said he is "open to compromise" and "new ideas" that would break the impasse over deficit reduction. But he adds that increasing tax revenues, including higher taxes on the wealthiest Americans, is an essential part of a balanced approach to the nation's fiscal problems.

  • House Speaker John Boehner says any deal to avert the so-called fiscal cliff should include not only lower tax rates but also revisions in the tax code and the elimination of special interest loopholes. Speaking to reporters on Capitol Hill, Boehner insisted that making the tax code more efficient would lead to greater revenue for the government.
  • Stocks have been swinging from negative territory to positive and back on Wall Street today. Talk of compromise over a budget deal that would keep the U.S. economy from falling off the so-called fiscal cliff of tax hikes and government spending cuts has buoyed shares. But analysts say investors will remain skittish until a deal is firmly in place.
  • A jump in sales prompted U.S. wholesale businesses to increase stockpiles at a faster pace in September. The Commerce Department says wholesale stockpiles grew 1.1 percent as sales at the wholesale level jumped 2 percent, the largest gain in 18 months. The increase could mean the economy grew at a faster rate in the July-September quarter than first estimated.
  • Britain's revenue and customs service says it is looking into allegations that criminals may have used offshore accounts with HSBC, Europe's biggest bank, to launder money.  The Daily Telegraph newspaper is reporting that a whistleblower has disclosed a list showing drug dealers and other criminals were using accounts based in Jersey. The British dependency off the coast of France has its own currency and tax laws.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

New Indoor Racing & Recreation Business

11/19/2014 10:05 PM

For about four months out of the year, people in the Sioux Falls area can go go-kart racing and play mini golf.

Full Story | Watch
New Sioux Falls Shop Opens Thursday

11/19/2014 11:10 AM

Holiday shoppers will soon have a new spot to buy locally made gifts.

Full Story
Stroller Recall Due To Amputation Hazard

11/20/2014 9:45 AM

More than four million strollers sold in the United States are part of a recall.

Full Story
Alco To Close Stores Across South Dakota

11/21/2014 2:03 PM

Several South Dakota cities will soon have one less store.

Full Story
Gas Stations In Region Struggling To Keep Up Supply

11/18/2014 5:52 PM

Over the past few days, drivers in Sioux Falls have been noticing certain grades of fuel are out of stock at gas stations across town.

Full Story | Watch


Events