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.


31° 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 Evening Business Brief

June 16, 2014, 6:44 PM

Monday Evening Business Brief
  • Stocks have registered meager gains to start the trading week. The major indexes swung between small gains and losses all day as traders assessed a round of corporate deals and a spike in oil prices brought on by the conflict in Iraq. The Dow inched up five points to close at 16,781, while the S&P 500 added a point and a-half, closing at 1,937.78, and the Nasdaq composite rose 10 to 4,321.
  • General Motors' repairs on the ignition switches that led to the recall of 2.67 million cars are going slowly. More than four months after starting the recall, GM has repaired only 7 percent of the vehicles. And now GM says it needs to change or replace the keys for about 3.4 million more cars because they could cause similar ignition switch problems.
  • The city of Miami has filed a federal lawsuit claiming JP Morgan Chase engaged in racially discriminatory lending practices that worsened the foreclosure crisis in minority neighborhoods. The city says loans with burdensome terms were disproportionately made in black and Hispanic neighborhoods, leading to a far greater rate of foreclosures. JP Morgan says it has a strong record of providing housing to low- and moderate-income families in South Florida.
  • Mississippi's attorney general says sweeping errors by a major credit reporting bureau have harmed consumers and violated federal law. Mississippi has filed a federal lawsuit against Experian Information Solutions. It says the company's lax quality control jeopardizes consumers' ability to get loans, taints their employment background checks and hampers sensitive government security clearances.
  • Domino's is introducing its own version of Siri. The pizza delivery chain is introducing a function on its mobile app that lets customers place orders by speaking with a computer-generated voice named "Dom."  The company says the updated app for iPhones and Android devices will deliver a "human-like, conversational" experience, but notes that it will take some time to work out the kinks. Mobile and online orders account for 40 percent of Domino's U.S. sales.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story
Denny Sanford's Multi-Million Solution To Worker Shortage

12/16/2014 10:04 PM

Sanford's money provides half of the funds for a $50 million scholarship program at the state's technical schools to train workers to fill job...

Full Story | Watch


Events