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.


61° 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

December 7, 2012, 1:13 PM

Friday Afternoon Business Brief

Stocks have been mixed on Wall Street today. Investors have taken today's November jobs report in stride.

  • The Labor Department says hiring was steady in November, despite Superstorm Sandy's disruption.  Companies added 146,000 jobs, and the unemployment rate fell to 7.7 percent - the lowest in nearly four years - from 7.9 percent in October.
  • Federal regulators are proposing automakers install event data recorders - better known as "black boxes" - in most new cars and trucks despite privacy concerns. The National Highway Traffic Safety Administration proposal would apply to passenger vehicles sold after Sept. 1, 2014, and weighing less than 8,500 pounds.
  • Fitch Ratings has cut its debt rating on HSBC Holdings, saying the risks attached to its expansion into higher-risk markets such as China is no longer sufficiently mitigated. The credit ratings agency lowered HSBC's long-term issuer default rating to AA- from AA, but revised up its outlook on Europe's biggest bank from negative to stable.
  • AIG says it is in talks with a Chinese investor group to sell a controlling stake in its jet-leasing business. The New York-based insurer has been selling off subsidiaries to raise money to pay back its $182 billion bailout from the government.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Simply Mac Coming To Sioux Falls

7/28/2014 1:12 PM

Apple users will soon have another option for sales and service support.

Full Story
Dawley Farm Village Expands

7/25/2014 10:10 PM

If you don't live on the Sioux Falls east side, or haven't taken a drive over there lately, you may not have noticed all the new businesses.

Full Story | Watch
Sioux City Riverboat Casino Prepares For Last Day

7/30/2014 7:57 AM

The Argosy riverboat casino is preparing to take its last bets Wednesday, having told the Iowa Racing and Gaming Commission that it will close by 5 p....

Full Story


Events