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.


64° 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

September 27, 2012, 5:33 PM

Thursday Evening Business Brief

The blue chips have logged their first gains in days. The Dow rose 72 points to 13,486. The S&P added nearly 14 points, while the Nasdaq gained 43. It was the first positive finish for the Dow in five sessions, the first in six for the S&P.

  • Spain and Greece have outlined plans to further reduce government spending and raise taxes. The goal is to convince international lenders and financial markets they are on the path to cutting their deficits.
  • A federal judge has tossed out a lawsuit against Freddie Mac that accused the mortgage giant and three top executives of understating the level of risky mortgages the company held before the housing bubble burst. The judge in New York dismissed the class-action suit filed by several shareholders accusing Freddie and the former executives of civil securities fraud. The SEC filed charges in December making similar allegations and that suit is still pending.
  • Facebook is launching a new service called Gifts. As its name suggests, it lets users send chocolate, coffee and even socks and other real-life presents to one another. The capability comes after Facebook's May purchase of Karma, a San Francisco-based startup.
  • ABC's "Good Morning America" is celebrating its biggest ratings victory over NBC's "Today" show in more than 18 years. Nielsen says "Good Morning America" averaged nearly 5 million viewers last week, compared with nearly 4.1 million who watched "Today." GMA has won every week since the Olympics.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story
Lance Armstrong Is Grand Marshal For Sturgis Ride

7/21/2014 3:02 PM

Dethroned cyclist Lance Armstrong has been named the official grand marshal of the mayor's ride to kick off the Sturgis Motorcycle Rally.

Full Story
Deciding When To Collect Social Security

7/22/2014 10:10 PM

78 million Baby Boomers are retiring or preparing to retire.  The question they all face is when to draw their Social Security benefits. 

Full Story | Watch


Events