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.


72° 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 Morning Business Brief

August 21, 2014, 5:40 AM

Thursday Morning Business Brief
NE -

The pace of trading on Wall Street has slowed as the summer draws toward an end, but the market managed to rise yesterday for the third straight day. The Dow Jones industrial average rose 59 points, or 0.4 percent, to 16,979.

  • The Labor Department today will report on the number of people who applied for unemployment benefits last week. In the previous week, more people applied for benefits, though the figure remained near pre-recession levels. And the Conference Board will issue its index of leading economic indicators for July. In June, the index, which is designed to predict the economy's future health, increased for a fifth straight month.
     
  • Bank of America has reached a record settlement of nearly $17 billion with the government. The aim is to resolve a federal investigation into the bank's role in the sale of mortgage-backed securities before the 2008 financial crisis. That's according to people directly familiar with discussions in the case. The settlement could be announced as early as today.
     
  • Warren Buffett's company has agreed to an $896,000 penalty for failing to give advance notice to regulators about a December 2013 investment in wallboard maker USG Corp.The Federal Trade Commission said Wednesday that Berkshire Hathaway Inc. should have notified the Justice Department before it converted $325 million of senior USG notes it held into 21.4 million shares of the company.
     
  • They've turned to politicians, bureaucrats, businessmen and union reps to try to save their jobs at three Atlantic City casinos scheduled to close soon. Now, hundreds of soon-to-be unemployed dealers, cocktail servers and hotel workers are turning to what many say could be their last, best chance. They are praying for help.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Red Robin Hiring In Sioux Falls

6/24/2015 2:51 PM

There is evidence that Red Robin is coming to Sioux Falls.

Full Story
Wild Bat Found At Great Plains Zoo Tests Positive For Rabies

6/26/2015 11:19 AM

The Great Plains Zoo is warning visitors after a bat found on a sidewalk there tested positive for rabies.

Full Story
Presidential Proposal Would Expand Overtime Pay

6/30/2015 7:08 AM

Obama is unveiling a proposal to require overtime pay for workers who earn up to $970 per week, up from the current $455 threshold.

Full Story
Speed Limit Dropping To 75 MPH Along Stretch Of I-90

6/26/2015 1:53 PM

Starting next week, drivers on Interstate 90 will have to slow down from the Wyoming border to just west of Exit 55 in Rapid City.

Full Story
Moe's Southwest Grill Selects Sioux Falls Location

6/29/2015 12:41 PM

You will soon have a new option for chips and salsa, salads and tacos in Sioux Falls.

Full Story


Events