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

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

January 11, 2013, 1:40 PM

Friday Afternoon Business Brief

Stocks are little changed on Wall Street as traders wait for a clearer picture on the outlook for corporate earnings. The Standard & Poor's 500 index has dropped below the five-year high it reached yesterday.

  • The U.S. annual budget deficit is on track to reach $1 trillion for a fifth straight year, despite a jump in tax revenue in December as people paid some taxes early to beat increases in 2013. The Treasury Department says the deficit is $292 billion for the first three months of the fiscal year that began Oct. 1. The actual size of the annual deficit will hinge, in part, on how Congress and the White House resolve a debate over raising the nation's borrowing limit.
  • Facebook is testing some "extreme price points" to let users pay to have their messages seen by people who are not their friends. The tech blog Mashable reports that some users trying to reach Mark Zuckerberg are being offered the option of paying $100 to ensure that their message gets to the Facebook CEO. Facebook is also testing a service that lets people pay $1 per message to route communications to non-friends' inboxes.
  • The Agriculture Department has released its final crop report for 2012, showing heavy losses due to the drought still gripping much of the nation. The year-end report shows farmers got less than three-fourths of the corn the agency initially expected when planting was done in the spring. Farmers say better crop technology saved them from more devastating losses, and production was helped by the large number of acres planted this year.
  • Supporters and opponents of the contentious gas drilling process called fracking have delivered tens of thousands of comments to New York state officials considering whether to allow it. Yoko Ono and her son Sean Lennon have led an intense 30-day effort opposing hydraulic fracturing. Industry representatives are arguing that proposed rules are so strict they'll effectively prevent drilling in New York.

You can find more 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
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
Ebola Scams Surface

10/17/2014 2:15 PM

It was only a matter of time before scammers started capitalizing on the Ebola scare.  The Better Business Bureau is warning consumers about a va...

Full Story


Events