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!

 

Thursday Evening Business Brief

December 15, 2011, 6:27 PM

Thursday Evening Business Brief
The stock market today broke out of this week's losing streak. The Dow rose 45 points to 11,869. The S&P was up 4, while the Nasdaq added nearly 2 points.
  • International Monetary Fund chief Christine Lagarde says prospects for the global economy are quite gloomy at the moment and it will take concerted action by all countries to resolve an escalating European debt crisis. She says if the issues are not dealt with decisively, the global economy could confront the same threats that pushed the world into the Great Depression of the 1930s.
  • Jon Corzine has disputed an allegation that he knew about customer money that may have been moved just before MF Global collapsed. His latest appearance came after the head of the CME Group said the Corzine may have known about the $175 million transfer.
  • Madonna is closer to making good on her promise to produce new albums under an all-encompassing rights deal worth $120 million that she signed with concert promoter Live Nation more than four years ago. Her new album is due in March, and if it does well, Live Nation Entertainment will get some of the profits.
  • A Chinese drywall manufacturer has agreed to pay hundreds of millions of dollars to resolve court claims by thousands of Gulf Coast property owners who say it wrecked their homes. The deal approved by a federal judge calls for the company to create a fund to pay for repairing roughly 4,500 properties, mostly in Florida, Louisiana, Mississippi and Alabama.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Wells Fargo Lays Off Handful Of Workers In Sioux Falls

2/3/2016 2:27 PM

Spokesperson Staci Schiller said nine employees were given a 60-day notice in its home lending department.

Full Story
Out-Of-Court Settlement Reached In Lawsuit Over Wildfire

2/1/2016 7:34 AM

Court documents indicate a federal judge has signed off on a confidential settlement between Black Hills Power and the 87 plaintiffs.

Full Story
IRS Phone Scam Costing KELOLAND Thousands

2/4/2016 3:05 PM

Those aggressive IRS scam calls plaguing KELOLAND have cost South Dakotans tens of thousands of dollars so far.

Full Story
Toppers Pizza To Open On East 10th Street

2/1/2016 4:13 PM

Toppers Pizza is adding a second Sioux Falls location.

Full Story
Bridgestone-Firestone Recalls Over 36,000 Truck Tires

2/6/2016 1:20 PM

Bridgestone-Firestone North America is recalling more than 36,000 heavy truck tires in the U.S. and Canada because the tread can separate from the bod...

Full Story


Events