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.


32° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Snow and blowing snow likely in NE KELOLAND, click here for details.

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Monday Afternoon Business Brief

June 4, 2012, 1:19 PM

Monday Afternoon Business Brief

Relative calm is being seen on Wall Street today after last week's selling. The Dow opened at the lowest level since December. It remains down in afternoon trading, as are the Nasdaq and the S&P 500, though the losses are relatively modest.

  • France's new foreign minister says he is confident Paris will bridge its differences with Berlin over how to resolve the eurozone debt crisis. French President Francois Hollande has called for a much greater focus on economic growth despite pressures for austerity.
  • The Commerce Department says companies placed fewer orders to U.S. factories for the second straight month in April. Orders for durable goods were down 0.6 percent while demand for so-called core capital goods, such as heavy machinery and computers, dropped 2.1 percent in April.
  • Wal-Mart's final shareholder vote for its board of directors shows some dissent against key executives and board members, including CEO Mike Duke, in the wake of allegations of bribery in Mexico. The tally released today shows 13 percent of the 3.4 billion shares were voted against the re-election of Duke.
  • The Supreme Court has rejected a request from homeowners in Indianapolis who sought tax refunds when the city changed its plan for paying for a new sewer line. In a 6-3 ruling, the court has upheld the city's decision to refuse to refund taxes that some homeowners paid up front while it forgave the remaining taxes for people who paid on an installment plan.

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
South Dakota Malls Will Open On Thanksgiving

11/21/2014 11:41 AM

Shoppers no longer need to stay up all night to get Black Friday deals.  More stores are opening on Thanksgiving, closing overnight and then reop...

Full Story


Events