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

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Tuesday Evening Business Brief

September 6, 2011, 5:38 PM

Tuesday Evening Business Brief
The Dow is now off to its worst September start in nine years. Stocks lost ground for the third straight day, though the Dow did rally to finish down just over 100 points -- at 11,139.30. It had earlier been down more than 300 points, with steep declines in European stocks causing more investor fears here at home.
  • Oil prices closed lower on fears the U.S. And Europe are headed for a prolonged economic slump. The benchmark price on the New York Mercantile Exchange was down 43 cents at $86.02 a barrel.
  • The Postal Service says it's on the "verge of default" unless Congress acts by month's end. Postmaster General Patrick Donahoe told lawmakers if they don't change the law governing postal operations, the agency will default on a mandated $5.5 billion payment to the Treasury. He says the Postal Service is facing losses of at least $8 billion this year.
  • Target and Gap are among major retailers and suppliers who have agreed to almost entirely stop using the toxic metal cadmium in jewelry and other accessories. The settlement with a California environmental group calls for jewelry sold at stores in the state to have less than three-hundredths of a percent of cadmium starting next year.
  • The nation's biggest drugstore chain says contract renewal talks with one of the country's largest pharmacy benefits managers are at an impasse. Walgreens says it plans to stop filling prescriptions managed by Express Scripts on January first -- a move that would cost the chain about $5.3 billion in
    annual revenue.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

You may also like

Sutton Bay CEO Dies In UTV Rollover Crash

8/25/2014 2:34 PM

The CEO of Sutton Bay Resort in central South Dakota died after rolling his 2014 Polaris Ranger late Sunday night.

Full Story
Authorities Search For Missing Inmate

8/24/2014 10:43 AM

31-year-old Bridget Franzen failed to report to a work release job on Saturday, August 23.

Full Story
SF Mother, Daughter Admit To Large Drug Conspiracy

8/27/2014 10:54 AM

Faith Rasmussen, 21, and her 55-year-old mother Theresa Rasmussen admit they were bringing marijuana from California to South Dakota and distributing ...

Full Story
SF Drug Ring Involved 220 lbs. Of Marijuana

8/27/2014 5:48 PM

Her boyfriend was killed during a botched robbery in December in northwest Sioux Falls. Faith Rasmussen and her mother, Theresa, have now pleaded guil...

Full Story | Watch
Car vs. School Bus Crash Near Inwood, Iowa

8/26/2014 11:31 AM

Authorities in northwest Iowa are investigating a serious crash involving a car and a school bus.

Full Story


Events