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.


43° 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 17, 2013, 1:15 PM

Thursday Afternoon Business Brief

Stocks keep pushing higher today. Strong reports on housing starts and unemployment claims set an optimist mood this morning. The Dow is up more than 100 points in afternoon trading, while the Nasdaq is about 25 points higher and the S&P 500 has hit a new five-year high.

  • International Monetary Fund chief Christine Lagarde says a global financial collapse has been stopped, but the challenge now is to avoid a relapse. Lagarde sees signs of a waning commitment to regulate the financial sector and warns that developed economies still need to follow through on financial reforms and debt reduction.
  • Boeing says production of its 787 is continuing as planned, even though airlines have grounded the plane over of safety concerns. Investigators are trying to solve electrical problems that have caused one battery to catch fire and another to leak in the past two weeks. Boeing builds about five of the 787s every month, but it's unclear whether airlines are accepting new deliveries.
  • A former superintendent at the Upper Big Branch mine in West Virginia has been sentenced to 21 months in prison and a $20,000 fine. Gary May has admitted to defrauding the government by disabling a methane gas monitor and falsifying records at the mine, where an explosion killed 29 miners in 2010. May has cooperated with prosecutors in their continuing criminal investigation of the blast.
  • Germany's central bank is shelving plans to help fight currency counterfeiting in Bangladesh. The Bundesbank says it is disturbed by reports that Bangladesh is planning to include execution among the possible punishments for violators. The Bundesbank says the death penalty is excessive and it will not participate unless the plans are clearly dropped.

You can find more business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Large Security Threat On Internet

4/10/2014 6:00 PM

It's already being called one of the biggest security threats the Internet has ever seen.

Full Story | Watch
Titan Machinery To Close Eight Stores Across U.S.

4/11/2014 6:22 AM

The company based in West Fargo, N.D., on Thursday cited a slow recovery in construction sector among the reasons for the move, which will leave 128 p...

Full Story
Heartbleed Bug Causes Major Security Headache

4/10/2014 9:33 AM

A confounding computer bug called "Heartbleed" is causing major security headaches across the Internet.

Full Story
Family Dollar To Cut Jobs, Close About 370 Stores

4/11/2014 5:44 AM

Family Dollar says it will be cutting jobs and closing about 370 underperforming stores as it looks for ways to improve its financial performance. It ...

Full Story
New Brewery Proposed In Northeast Sioux Falls

4/11/2014 8:58 AM

A new brewery is proposed for the Vance-Lantus building at 1400 E. Robur Drive, which is off of North Cliff Avenue, just north of Interstate 90 in Sio...

Full Story


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