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.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Tuesday Evening Business Brief

August 28, 2012, 6:20 PM

Tuesday Evening Business Brief
  • The stock market ended little changed again today. The Dow dropped 22 points to 13,103. The S&P fell 1 point to 1,409, while the Nasdaq added 4 points to 3,077.
  • The Obama administration has issued new fuel economy rules requiring the average of new cars and trucks sold in the U.S. to double over the next 13 years. The regulations will bring dramatic changes to the cars and trucks in U.S. showrooms, with the goal of cutting greenhouse gas emissions and fuel use.
  • Oil prices rose as Isaac strengthened into a hurricane on its way into the heart of the Gulf of Mexico's oil and refinery operations. Benchmark crude rose 86 cents to settle at $96.33 a barrel in New York.
  • Lawyers for the federal government say Solyndra, which filed for bankruptcy last year, needs to provide more information in its reorganization plan about tax breaks that could be worth hundreds of millions of dollars to private equity funds that control the failed solar power company. The Energy Department and the IRS are objecting to a disclosure statement by Solyndra, which received a half-billion dollar loan from the Obama administration.
  • The Federal Trade Commission has filed a complaint against Robert Titzer, the man behind the "Your Baby Can Read" program. The FTC accuses him of false and deceptive advertising for promoting his program in ads and product packaging as a tool to teach infants as young as nine months to read. The program cost about $200 and was sold nationwide at stores including Wal-Mart and Babies R Us.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Huset's Speedway Purchased By Badlands Group

4/21/2015 5:18 AM

The longtime sprint car track near Brandon will be renamed Badlands Motor Speedway after the 2015 season.

Full Story
Shoppers Swarm Target For Designer Product Line

4/20/2015 1:14 PM

The retailer released its Lilly Pulitzer for Target collection, and many stores were sold out within minutes.

Full Story
Huset's Speedway Sold

4/21/2015 6:00 PM

Started back in the late 1950s, Huset's Speedway is almost as old as the dirt the cars race on.  But that's about to change.

Full Story | Watch
Multi-Million Dollar Athletic Center Planned For Sioux Falls

4/21/2015 5:03 PM

Plans are in the works for a 40,000 square foot athletic training center in southeast Sioux Falls.  With the Pentagon and the new tennis facility...

Full Story | Watch
Amazon Distribution Center In Shakopee Could Employ 1,000

4/22/2015 6:03 AM

The online retailer is asking the city of Shakopee for about $5 million in tax breaks to build the 820,000-square-foot center and warehouse.

Full Story


Events