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

Accumulating snow possible Monday night - Tuesday. Storm Center Update.

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Most Popular Today


Tuesday Afternoon Business Brief

January 29, 2013, 1:55 PM

Tuesday Afternoon Business Brief

Stocks have edged higher on Wall Street, pushing the Dow toward 14,000, as investors digest the latest round of earnings and economic reports. At 2 p.m. Eastern time, the Dow Jones industrial average was up 70 points at 13,952. The Standard and Poor's 500 rose 7 points to 1,507 points. But the Nasdaq composite dropped 2.52 to 3,152.

  • A federal judge has approved an agreement for BP PLC to plead guilty to manslaughter and other charges and pay a record $4 billion in criminal penalties for the company's role in the 2010 oil disaster in the Gulf of Mexico. BP agreed in November to plead guilty to charges involving 11 workers' deaths and for lying to Congress about the size of the spill from its broken well, which spewed more than 200 million gallons of oil.
  • Ford earned better-than-expected profits in 2012. Record results in North America trumped losses in Europe. Ford earned $5.66 billion for the year, down $300 million from a year ago, as a $1.75 billion loss in Europe took its toll. But Ford reported a record pretax profit of $8.3 billion in North America, where sales rose and Ford made more money on every vehicle it sold.
  • Drugmaker Pfizer Inc.'s fourth-quarter results easily beat Wall Street expectations, driving up its stock. Profit more than quadrupled due to tighter spending and a $4.8 billion gain from selling Pfizer's nutrition business. Those boosts offset competition from generic drugs hurting sales of Lipitor and other medicines. The world's biggest drugmaker says its net income was $6.32 billion, or 85 cents per share, up from $1.44 billion, or 19 cents per share, a year earlier.
  • Hostess Brands is reportedly close to announcing that it's picked two investment firms as the lead bidders for its Twinkies and other snack cakes. The firms are C. Dean Metropoulos & Co. and Apollo Global Management. After years of management turmoil and turnover, Hostess declared it was going out of business and selling its brands in November.

You can find more business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Other Place Bar And Grill Closed In Sioux Falls

2/24/2015 12:51 PM

According to its Facebook page, The Other Place Bar and Grill has closed. (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.g...

Full Story
Touch Of Europe Permanently Closed

2/25/2015 4:29 PM

The Touch of Europe restaurant will be closed for good.

Full Story
Sioux Falls Approaching 'Magic Number'

2/23/2015 10:10 PM

It's a number that can support bigger businesses, more retail and restaurants.

Full Story | Watch
Pizza Restaurant Coming To Downtown Sioux Falls

2/25/2015 11:40 AM

Montana-based MacKenzie River Pizza is scheduled to open its first South Dakota location on September 1 at 11th Street and Main Avenue.

Full Story
Catholic School Tuition Hike Largest In Years

2/25/2015 3:10 PM

Sioux Falls Catholic Schools are facing a $5 million gap between tuition and what it cost to run the schools.  

Full Story | Watch


Events