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.


50° 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.

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

November 15, 2011, 5:45 PM

Tuesday Evening Business Brief
Led by technology issues, stocks finished with modest gains. The Dow added 17 points or 0.1 percent to 12,096. The S&P was up 6 points, while the Nasdaq surged 29 points.
  • Congress is considering ending the practice of paying million-dollar bonuses to executives at government-controlled mortgage giants Fannie Mae and Freddie Mac.  The House Financial Services Committee approved legislation to suspend tens of millions in Fannie and Freddie executive compensation packages, stop future bonuses and align their salaries with other federal employees who make much less. The vote was 52-4, with strong support from both parties.
  • Congressional bargainers have agreed to increase the size of mortgages insured by the Federal Housing Administration in a compromise being hailed by the housing industry but criticized by conservatives. With the deal among House and Senate negotiators, the FHA would be able to insure mortgages worth up to $729,750 in expensive regions of the U.S. for the next two years. By law, that ceiling had dipped to $625,500 on Oct. 1.
  • Oil prices climbed to near $100 per barrel on encouraging news about the U.S. economy. Benchmark crude rose $1.23 to settle at $99.37 per barrel in New York. That's the highest close since late July.
  • An Omaha, Nebraska, man's online petition asking Target to drop plans to open stores at midnight Thanksgiving Day has garnered tens of thousands of signatures in less than two weeks. Anthony Hardwick works part-time as a cart attendant for a second job. The 29-year-old launched his petition Nov. 3 after learning of the chain's plans to have employees report for work at 11 p.m. Thanksgiving Day. He says the opening means that workers will have to miss holiday gatherings in order to get enough rest to work.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

You may also like

Parker Teen Dies In One Vehicle Crash

4/12/2014 10:18 AM

16-year-old Tonya Anderson from Parker, SD died in a one vehicle crash west of Sioux Falls on Highway 42 on Friday.

Full Story
Woman Killed In Sioux Falls Home

4/16/2014 6:01 PM

Sioux Falls police are investigating a murder in the southwest part of the city.

Full Story
SF Woman Dies In Crash Near Brookings

4/12/2014 10:34 AM

A Sioux Falls woman died in a two vehicle crash on I-29 south of Brookings.

Full Story
SF Murder Victim Stabbed, Suspect Got Pills

4/17/2014 10:12 AM

Sioux Falls Police have released the names of the suspect and victim in the city's second homicide of 2014.

Full Story
Missing Girls Case Update On Tuesday

4/15/2014 7:15 AM

Authorities plan to release an update on the investigation into the 1971 disappearance of two South Dakota girls.

Full Story


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED