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.


61° 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

August 18, 2014, 1:18 PM

Monday Afternoon Business Brief
  • U.S. stocks are up as investors focus on corporate news. European markets also rose as worries about an escalating conflict in Ukraine eased. Dollar General jumped after making a bid for a rival discount retailer.
  • Unemployment rates rose in 30 U.S. states last month, even as employers in two-thirds of the states stepped up hiring. The trends reflect an increase in job-hunters nationwide as an improving economy has encouraged more people to seek work. The Labor Department says unemployment rates fell in eight states in July and were unchanged in 12. At the same time, hiring rose in 36 states, fell in 13 and was unchanged in Iowa. Earlier this month, the government said the national unemployment rate ticked up to 6.2 percent in July from 6.1 percent in June.
  • The Obama administration says it's taking the first step toward drafting rules to require automakers to include in new vehicles technology that enables them to warn each other of potential danger in time to avoid collisions. The National Highway Traffic Safety Administration says in a newly released report that such technology could prevent an estimated 592,000 left-turn and intersection crashes a year, saving 1,083 lives. 
  • PriceWaterhouseCoopers will pay $25 million and face a two-year suspension from consulting for new bank clients in an agreement with New York regulators. The deal follows an investigation that showed the company improperly altered a report about Bank of Tokyo Mitsubishi laundering money for Iran, Sudan and others contrary to U.S. sanctions. Today's agreement follows a $250 million settlement with the bank last year.
  • The governors of Massachusetts and New Hampshire are stepping in to try to broker a deal to end a monthlong standoff at a New England grocery store chain. They participated Sunday in negotiations with the owners of the Market Basket chain - feuding cousins Arthur T. Demoulas and Arthur S. Demoulas - as well as several other shareholders. A long-running feud between the two cousins culminated in the ouster of Arthur T. Demoulas as CEO. His firing prompted worker protests and customer boycotts, and most customers are shopping elsewhere.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Takata Air Bag Recall Becomes Biggest Ever In US

5/20/2015 5:19 AM

Takata's decision to add more than 18 million air bags to existing recalls comes following pressure from U.S. safety regulators.

Full Story
South Minnesota Ave. Burger King To Be Torn Down For Strip Mall

5/19/2015 2:06 PM

Demolition of the Burger King building will get underway June 1 and the strip mall will be complete in mid-October.  

Full Story
Moe's Southwest Grill Looks To Open Restaurant In Sioux Falls

5/18/2015 4:18 PM

The Mexican franchise Moe's Southwest Grill has picked a location in Sioux Falls, but has yet to seal the deal.  Moe's Southwest Grill st...

Full Story
Buildings Being Torn Down on 41st Street For New Strip Mall

5/19/2015 4:10 PM

A new strip mall is coming to 41st Street across from the Western Mall.  Lloyd Companies is taking out the K & H Car Wash, Mobil gas station ...

Full Story
Raven Industries Sales And Profits Significantly Down

5/19/2015 9:45 AM

Raven Industries is reporting significant first quarter profit losses.  Raven's net sales were down 31.4 percent to $70.3 million. Raven'...

Full Story


Events