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.


27° 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

July 10, 2014, 6:30 PM

Thursday Evening Business Brief

NEW YORK (AP) - Stocks have finished the day lower, but the losses weren't as bad as they were in the opening minutes of trading today. By day's end, the Dow was about 70 points lower -- after falling as much as 180 points in the first half-hour of trading. The sell-off came on news out of Europe about accounting irregularities at a company connected to a major bank in Portugal. The S&P 500 ended the day down eight points, and the Nasdaq composite lost 23 points.

  • Verizon says it added more than 1.4 million long-term wireless subscribers in the second quarter, with strong gains in both smartphones and tablets.Verizon Communications Inc. CEO Lowell McAdam said the company's wireless profit margins remain consistent with the past several quarters. Verizon is the nation's largest wireless carrier.
     
  • The gun manufacturer Remington Arms Co. says it will replace trigger mechanisms on Model 700 bolt-action hunting rifles, or provide some compensation to buyers, as part of a settlement of class-action lawsuits. Suits filed in Missouri and Washington state claimed the rifle has a defective trigger mechanism that can cause injury and death. They claimed that Model 700 rifles sometimes fire unexpectedly, without a trigger pull.
     
  • A federal judge has ordered the IRS to explain under oath how it lost a trove of emails to and from a central figure in the agency's tea party controversy. U.S. District Judge Emmet Sullivan today gave the tax agency a month to submit the explanation in writing. Sullivan said he is also appointing a federal magistrate to see whether the lost emails can be obtained from other sources.
     
  • The Senate has confirmed President Barack Obama's housing chief as the new director of the White House budget office. The 75-22 vote to confirm Shaun Donovan today completes a second-term Cabinet shuffle. It began when Kathleen Sebelius (seh-BEEL'-yuhs) stepped down as health secretary and was replaced by the president's budget chief, Sylvia Mathews Burwell.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Auto Dealer Chain To Pay Fine For Deceptive Ads

12/12/2014 11:41 AM

A family-owned chain of automobile dealerships located in Iowa, Montana and South Dakota will pay a $360,000 civil penalty for running deceptive ads.

Full Story
National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story


Events