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.


50° 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!

 

Monday Afternoon Business Brief

February 10, 2014, 1:45 PM

Monday Afternoon Business Brief

Stocks are mixed in what's been a quiet trading day on Wall Street with little economic data or company earnings. Analysts say the market is likely to remain in a holding pattern until traders hear from Janet Yellen tomorrow in her first testimony before Congress since becoming head of the Federal Reserve. The Dow was lower in afternoon trading, but only by about 5 points. The S&P was up a point, while the Nasdaq was about 20 points higher.

  • Carl Icahn is backing off his campaign to pressure Apple's board of directors into spending $50 billion to buy back its own slumping stock. The activist investor outlined the about-face in a letter to Apple's shareholders, citing a recent flurry of stock repurchases as one of the reasons for his change of heart. He also said he is excited about CEO Tim Cook's pledge to release new products this year that will expand Apple's line-up beyond smartphones, tablets and personal computers.
  • The American Medical Association is backing a bill that would change the way Medicare pays doctors. The AMA's endorsement provides a boost for bipartisan legislation that would provide financial incentives to reward quality, cost-effective care and encourage doctors and other professionals to work in teams to keep patients as healthy as possible. The current payment system has proven unworkable, relying on automatic cuts to doctors to limit Medicare spending.
  • Federal health experts are taking a second look at the heart safety of pain medications. At a two-day meeting, the Food and Drug Administration is examining the latest research on anti-inflammatory medicines and considering whether naproxen - the key ingredient in Bayer's Aleve and many other generic pain pills - carries a lower risk of heart attack and stroke than rival medications like ibuprofen.
  • Incidents of pilots trying to land at the wrong airport are rare, but perhaps more regular that most realize. An Associated Press review of government safety records finds at least 150 flights since the early 1990s ran into such problems. San Jose, Calif., is a particular trouble spot, with half a dozen instances in which pilots prepared to land at Moffett Field, a joint civilian-military airport, instead of San Jose International Airport, about 10 miles to the southeast. One controller says it happens several times every winter in bad weather.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Millions Of Android Phones At Risk For Heartbleed

4/15/2014 4:10 PM

If you've got an Android phone, your device could be susceptible to the Heartbleed security problem.

Full Story
Shrimp Prices Soar

4/16/2014 11:00 AM

The next time you order shrimp scampi of the menu, you may be in for sticker shock. 

Full Story
Headliners For JazzFest Announced

4/17/2014 10:54 AM

Plans are in place for JazzFest 2014 in Sioux Falls.

Full Story
Key Unlocks Gas Pumps For ID Thieves

4/14/2014 10:10 PM

Drivers who've fueled up in Rapid City are being warned that their debit and credit card numbers may have been stolen after "numerous" s...

Full Story | Watch
Eric Church Concert Near-Sellout Within Minutes

4/18/2014 5:55 PM

The first ticket sale to an event at the new Denny Sanford PREMIER Center proved to be a boon at the box office Friday

Full Story | Watch


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED