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.


77° 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!

 

Thursday Afternoon Business Brief

July 12, 2012, 1:23 PM

Thursday Afternoon Business Brief

Stocks have been moving lower again today, with investors unable to break out of their worry about a deteriorating global economic outlook. The Dow is on track for its sixth-straight session decline.

  • It may have only been a temporary blip, but the number of people filing first-time claims for unemployment benefits fell last week to the lowest level in four years. One big reason is that some automakers skipped their traditional summer shutdowns to keep up with demand, leading to fewer temporary layoffs. 
  • BP has agreed to pay $13 million to settle charges of failing to fix safety violations at its Texas City oil refinery after a 2005 explosion killed 15 workers. The payment is the latest move toward resolving hundreds of violations at the plant alleged by the federal Occupational Safety and Health Administration.
  • The Justice Department says Wells Fargo will pay at least $175 million. The bank is settling accusations that it violated fair-lending laws. It allegedly discriminated against otherwise qualified African-American and Hispanic borrowers in its mortgage lending from 2004 through 2009.
  • United Airlines is buying 150 Boeing 737s, planning to use them to replace older, less fuel-efficient planes. That includes 100 of the new 737 Max 9s, due to start arriving at United in 2018.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Woman Stands Up to Cyber Bullies After Man Calls Her 'Too Muscular'

8/26/2015 5:05 PM

A woman who builds up her body has a message for cyber bullies who tear others down.

Full Story | Watch
Sioux Falls Businesses Flooded

8/28/2015 6:00 PM

Homeowners aren't the only ones cleaning up flood water.  Many businesses were also flooded out in Thursday night's storm.  In fact,...

Full Story | Watch
Former School For The Deaf Campus Has New Buyer

8/27/2015 4:50 PM

A historic piece of property on East 10th Street in Sioux Falls has a new owner.

Full Story
Brown County Commission To Look For New Fair Manager

8/25/2015 12:15 PM

The Brown County Fair Manager has been let go.

Full Story
Casino Going In To 85th And Louise Strip Mall

8/27/2015 11:41 AM

A casino is the first signed tenant for Raintree On Louise at 85th Street and Louise Avenue.

Full Story


Events