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.


22° 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 Evening Business Brief

October 19, 2012, 5:34 PM

Friday Evening Business Brief

Poor corporate earnings reports sounded a sour note to end an otherwise strong week of trading. The Dow Jones industrial average fell more than 200 points today -- its worst day in four months. Disappointing results from three giants of the Dow -- Microsoft, General Electric and McDonald's -- were key, but the broader market fell, too, and with even bigger losses in terms of percentage.

  • A retail trade group says that a revised version of a proposed multibillion-dollar settlement over fees that MasterCard Inc. and Visa Inc. charge merchants fails to protect retailers from abuse by credit card companies. The National Retail Federation issued its remarks after reviewing revised terms of the settlement disclosed in July, which allows stores to charge customers more if they pay with a credit card.
  • Apple farmers in producing states like New York and Michigan have reported production declines as high as 90 percent. First, warm spring weather in the Northeast and Midwest tricked apple trees into budding earlier. Then an untimely frost damaged the delicate blossoms.
  •  The maker of Banana Boat sunscreen is recalling some half-million bottles of spray-on lotion after reports that a handful of people have caught on fire after applying the product and coming in contact with an open flame. Energizer Holdings says it's pulling 23 varieties of UltraMist sunscreen off store shelves.
  • News Corp. says Fox News chief executive Roger Ailes has signed a new four-year contract. The 72-year-old Ailes first joined News Corp. in 1996. He'll continue to oversee Fox News, the Fox Business Network, the Fox TV stations, Twentieth Television and MyNetwork TV. He will also continue to be a senior adviser to CEO Rupert Murdoch.

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