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.


66° 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!

 

Most Popular Today


Tuesday Afternoon Business Brief

May 15, 2012, 1:17 PM

Tuesday Afternoon Business Brief

U.S. stocks have edged higher after some initial hesitation. Investors are juggling concerns including continued paralysis in Greece and fresh economic reports, including word from the Commerce Department that retail sales rose just 0.1 percent last month.

  • JPMorgan Chase chief Jamie Dimon has won a shareholder endorsement of his pay package, despite revealing that the bank suffered a $2 billion trading loss. He also prevailed in a vote aimed at separating the duties of the CEO and chairman.
  • Greece is headed for another month of political deadlock ahead of new elections planned for mid-June. Party leaders today failed to reach an agreement to build a coalition government.
  • Does this sound familiar? House Speaker John Boehner says if Congress raises the nation's borrowing cap he'll press for spending cuts and budget reforms to offset the increase. Treasury Secretary Tim Geithner says the government will hit its borrowing cap late this year but that Treasury can use accounting maneuvers to buy time for the newly elected Congress to deal with the issue early next year.
  • Home Depot says that its quarterly profit rose nearly 28 percent. Unseasonably warm winter and increased business from contractors and other professional customers boosted results at the world's biggest home-improvement company. The largest home improvement retailer also raised its outlook for the full year, but revenue was shy of Wall Street expectations.

For more local business news, visit the Back to Business page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Former Sioux Falls Executive Investigated For Animal Abuse

8/28/2014 4:15 PM

A former Hot Stuff/Orion Foods President is being investigated for dog abuse in Canada.

Full Story
Westward Ho Country Club Changes Name

8/28/2014 12:56 PM

The Westward Ho Country club in Sioux Falls is changing its name to The Country Club of Sioux Falls.  Members were notified of the change on Thur...

Full Story
Cattle Spooked By LifeLight Noise

8/30/2014 3:58 PM

Farmers say the annual music event is louder this year, and it's causing some problems with their cattle.

Full Story
Sanford And First PREMIER Bank Hosting Concert For Employees

8/29/2014 11:30 AM

Employees from two Sioux Falls employers have an opportunity to see a private concert with two country headliners at the Denny Sanford PREMIER Center.

Full Story
Car vs Bus Crash Injures Two Teens

8/26/2014 6:00 PM

Two Iowa teenagers are hospitalized after colliding with a school bus early Tuesday morning.  It happened just east of Inwood on 240th Street at ...

Full Story | Watch


Events