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.


59° 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!

 

Tuesday Evening Business Brief

February 21, 2012, 6:28 PM

Tuesday Evening Business Brief
After edging back to the 13,000 level, the Dow couldn't hold its ground by the closing bell. It added 16 points to 12,966, or 0.1 percent. The S&P was up 1 point, while the Nasdaq dropped 3 points.
  • Johnson & Johnson longtime CEO Bill Weldon is retiring this April. The move follows an embarrassing string of product recalls over the past couple of years costing the health care giant hundreds of millions as well as consumer trust.  Taking the CEO post will be Alex Gorsky, head of J&J's medical device and diagnostics business.
  • The price of oil settled higher after Iran said it would stop selling oil to Britain and France in retaliation for Europe's planned oil embargo. Benchmark oil increased $2.65 to finish at $106.25 per barrel on the New York Mercantile Exchange. 
  • Federal regulators have approved new suppliers for two crucial cancer drugs. The move is intended to ease critical shortages that boosted fears that patients.  Particularly children with leukemia, would miss lifesaving treatments.
  • Wal-Mart Stores posted its second consecutive quarterly gain in revenue at stores opened at least a year at its namesake Wal-Mart stores in the U.S. Wal-Mart shares fell about 4 percent after revenue and earnings per shares came in below expectations.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Baby Books Rental Car, Family Denied Refund

3/31/2015 11:28 AM

A Minnesota family can’t believe how a well-known company reacted after their baby made a costly computer mistake.

Full Story | Watch
Plans Released For Pump Park in Brookings

3/27/2015 4:51 PM

The same company that designs BMX bike tracks for the Olympics is coming to South Dakota to create Brookings' newest park.

Full Story
RibFest Announces Concert Headliners

3/30/2015 8:40 AM

Montgomery Gentry, Cheap Trick, Uncle Kracker and Warrant are scheduled to perform at the annual event from May 28 to May 31. 

Full Story
How Much Do You Take Home In Pay?

3/30/2015 9:45 AM

How much does making $50,000 a year differ from one state to another, once you figure in taxes and cost of living?

Full Story
80 MPH Interstate Speed Limit Starts This Week

3/30/2015 2:18 PM

One of the most talked-about-bills during this year's South Dakota legislative session is set to take effect on Wednesday.

Full Story


Events