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.


72° 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!

 

Monday Afternoon Business Brief

October 1, 2012, 2:03 PM

Monday Afternoon Business Brief
  • The stock market has rallying today, helped by a report showing the manufacturing sector doing better. The Dow has been up as many as 150 points.
  • Speaking in Indianapolis, Federal Reserve Chairman Ben Bernanke said while the economy isn't growing quickly enough to drive down unemployment, he doesn't think it is in recession.  He also said actions recently announced by the central bank should drive interest rates down even further.
  • A report today from purchasing managers indicates that manufacturing expanded in September for the first time in four months. The group's index was paced by rising new orders and additional hiring.
  • Under pressure from federal regulators, American Express will pay more than $112 million in refunds and fines in response to accusations it charged unlawful late fees and deceived customers to pressure them to pay off old debts or buy extra credit card services. As part of the settlement, Amex will refund $85 million to about 250,000 customers.
  • Just a few months on the job, Yahoo CEO Marissa Mayer has given birth to a baby boy. Yahoo's decision to hire a soon-to-be mom as its CEO was hailed as a breakthrough.

Read more business stories on the Back To Business page

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Westward Ho Country Club Changes Name

8/28/2014 12:56 PM

The Westward Ho Country club in Sioux Falls is changing its name to The Country Club of Sioux Falls.  Members were notified of the change on Thur...

Full Story
Former Sioux Falls Executive Investigated For Animal Abuse

8/28/2014 4:15 PM

A former Hot Stuff/Orion Foods President is being investigated for dog abuse in Canada.

Full Story
PREMIER Bankcard Lawsuit Comes Down To Link

8/22/2014 10:00 PM

$5 million: that's the price tag on a lawsuit filed by a South Dakota credit card company, First PREMIER/PREMIER Bankcard against a credit card co...

Full Story | Watch
Single-Screen Theater Closed After Four Decades

8/23/2014 12:33 PM

A single-screen movie theater in Vermillion has closed after serving the area for more than four decades.

Full Story
Car vs Bus Crash Injures Two Teens

8/26/2014 6:00 PM

Two Iowa teenagers are hospitalized after colliding with a school bus early Tuesday morning.  It happened just east of Inwood on 240th Street at ...

Full Story | Watch


Events