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.


58° 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

February 21, 2013, 1:29 PM

Thursday Afternoon Business Brief

U.S. stocks are sliding for a second straight day. Oil prices are also plunging for a second day, raising hopes of a pause in the rise in gasoline prices. U.S. benchmark crude oil fell $2.24, or 2.4 percent, to $92.98 per barrel in afternoon trading in New York, the second drop of 2 percent in two days.

  • In the latest sign that inflation remains in check, consumer prices were flat in January from December for the second month in a row. The Labor Department says its consumer price index has risen 1.6 percent in the 12 months ending in January, down from a 2.9 percent pace a year ago.
  • Business and labor groups have announced agreement on a key priority for an immigration overhaul bill: creating a new system to bring lower-skilled workers to the U.S. The Chamber of Commerce and the AFL-CIO reached consensus after weeks of closed-doors negotiations they were conducting at the request of two senators involved in crafting an immigration deal on Capitol Hill.
  • Five of the biggest U.S. banks say they have cut struggling homeowners' mortgage balances by $19 billion, as part of a total $45.8 billion in relief provided under a landmark settlement over foreclosure abuses. A report today by the monitor of the settlement says more than 550,000 borrowers received some form of mortgage relief between March 1 and Dec. 31, 2012. That translates to almost $83,000 per homeowner.
  • Ford says it will start making a turbocharged four-cylinder engine in Cleveland to keep up with growing demand in the U.S. The automaker will invest $200 million into its engine plant in Brook Park, Ohio, near Cleveland, and add 450 jobs starting next year. Ford now imports the motors from a plant in Spain.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Yankton Teenager Files Discrimination Charges

9/24/2014 3:08 PM

With the help of the ACLU, a Yankton teenager has filed discrimination charges with the U.S. Equal Employment Opportunity Commission. 

Full Story
New Kind Of Pizza Restaurant In Sioux Falls

9/24/2014 10:55 AM

A build-your-own pizza restaurant is in the works in downtown Sioux Falls.  

Full Story
Jimmy John's Says Customers' Card Data Stolen

9/24/2014 4:00 PM

Jimmy John's sandwich chain said Wednesday that it believes customers' credit card data was stolen from 216 of its shops between June and Sept...

Full Story
Chicago Fire Rerouting Travelers In Sioux Falls

9/26/2014 11:25 AM

A fire in Chicago has grounded flights in Sioux Falls and across the country.

Full Story
Brookings Manufacturer Expands

9/26/2014 1:30 PM

Counterpart, Inc. of Brookings has completed a 30,000-square-foot expansion of its manufacturing plant.

Full Story


Events