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.


56° 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 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




 
Find Local Businesses on KELO Pages!

View business

You may also like

Valentino's Restaurant For Sale

10/20/2014 12:18 PM

Prime real estate on 41st Street in Sioux Falls is for sale. Valentino's Restaurant at 41st Street and Western Avenue has been listed for $1.35 mi...

Full Story
Long John Silver's Closes, Building For Sale

10/20/2014 12:31 PM

A longtime fast food option in Sioux Falls, the Long John Silver's restaurant is closing after more than 30 years in business. 

Full Story
Pierre Woman Wins On In-Flight Game Show

10/17/2014 12:10 PM

A South Dakotan is a winner on the Allegiant Airlines' first in-flight game show called "The Game Plane."  The reality show is film...

Full Story
Three Sushi Restaurants Suddenly Close In Sioux Falls

10/22/2014 4:45 PM

Three sushi restaurants have all closed for business in Sioux Falls.

Full Story
SD Gas Prices Jump While Nation Approaches Four-Year Low

10/21/2014 11:00 AM

Gas prices have fallen to a nearly four-year low nationwide at an average of $3.09 a gallon.  AAA South Dakota says U.S. gas prices could drop to...

Full Story


Events