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.


56° 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!

 

Thursday Afternoon Business Brief

January 12, 2012, 1:52 PM

Thursday Afternoon Business Brief
It's an up-and-down day on Wall Street. Stocks have been mostly lower, with a few swings into positive territory. The euro is rising against the dollar as borrowing rates fall in Italy and Spain. Shares of Chevron, ConocoPhillips and Exxon Mobil were down at midday.
  • A senior Greek finance ministry official says the country could have a deal with private bondholders in a critical debt swap by the end of next week. The formal public offer could come at the beginning of February. The debt-stricken country faces a major bond redemption of $18.47 billion in late March.
  • There's a mixed bag of economic news today.Jobless claims were up last week as companies let go of thousands of workers after the holiday season. Paltry retail sales in December were enough to boost sales to a record level for 2011. Businesses increased their stockpiles in November. And fixed-rate
    mortgages hit a new low.
  • CVS Caremark says it will pay $5 million to resolve allegations that one of its subsidiaries understated the price of several drugs on a Medicare website. The payment will reimburse Medicare prescription drug beneficiaries who paid more than they expected for the drugs, in some cases 10 times higher than the listed prices.
  • Target is teaming up with some specialty shops to create affordable, limited-edition merchandise for sale at its stores. Target says it will start featuring products from five shops on May 6. The shops will be open for six weeks and then be replaced with different shops in the fall.

     

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Historic Sioux Falls Building For Sale

9/15/2014 4:24 PM

The Carpenter Building on South Phillips Avenue in Sioux Falls is for sale for $4.2 million.

Full Story
Sioux Falls Named 41st In Best Small To Midsize Cities List

9/15/2014 1:43 PM

Sioux Falls comes in at number 41 on Livability.com's list of the nation's best small to midsized cities.

Full Story
SF Judge Considering Another Walmart Lawsuit

9/19/2014 5:41 PM

Homeowners believe the City of Sioux Falls didn't live up to its promise of having a conditional use permitting process for the new store proposed...

Full Story | Watch
Unbridled Business

9/15/2014 10:10 PM

Most of us think of successful online retailers as being located in big cities.  But the truth is when your customers are on the Internet, you ca...

Full Story | Watch
Great Outdoor Store Recognized By National Magazine

9/17/2014 3:33 PM

Outdoor USA Magazine is giving high marks to a Sioux Falls store.

Full Story


Events