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.


35° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Keep an eye on slick roads through Tuesday  Download StormTracker

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Most Popular Today


Friday Evening Business Brief

July 13, 2012, 5:40 PM

Friday Evening Business Brief

Stronger than expected earnings from JPMorgan Chase helped stocks to rally. The Dow soared more than 200 points, or 1.6 percent, to 12,777. The S&P added 22 points, while the Nasdaq gained 42 points.

  • President of the Federal Reserve Bank in Atlanta, Dennis Lockhart, says the Fed should act to further stimulate growth if the economy doesn't improve by year's end. At the same time, speaking in Mississippi, Lockhart said he supports no further Fed action if employment growth shows improvement in the next six months.
  • Billionaire investor Warren Buffett said Friday he believes JPMorgan Chase is doing the right things to deal with its multibillion-dollar trading losses. He said the trading loss is "not that significant related to JPMorgan". Buffett himself owns 1 million JPMorgan shares in his personal portfolio.
  • Apple says that it is putting its products back on an environmental ratings registry, saying it made a mistake in removing them. Apple says all of its eligible products are back on the Electronic Product Environmental Assessment Tool registry, and says it looks forward to working with the nonprofit organization that runs the registry. After Apple's previous announcement, the city of San Francisco said it would stop buying Apple computers.
  • Federal investigators say the now arrested chief executive officer of an Iowa-based brokerage firm admitted in a suicide note that he carried out an elaborate fraud scheme in which he embezzled more than $100 million from customers over nearly two decades. Russell Wasendorf, Sr. was charged with making false statements to regulators.  He had been hospitalized earlier this week after attempting suicide outside the company's headquarters.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story
Denny Sanford's Multi-Million Solution To Worker Shortage

12/16/2014 10:04 PM

Sanford's money provides half of the funds for a $50 million scholarship program at the state's technical schools to train workers to fill job...

Full Story | Watch
Sioux Falls Business Battles Bacteria

12/18/2014 10:05 PM

Imagine if any kind of bacteria, virus or mold that landed on a medical scrub suit was killed on contact.

Full Story | Watch
Haggen Chain Buying 146 Safeway, Albertsons Stores

12/20/2014 1:24 PM

The Washington state-based grocery chain Haggen Inc. plans to buy 146 Albertsons and Safeway stores in Washington, Oregon, California, Nevada and Ariz...

Full Story


Events