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.


35° 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

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

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
Speed Limit Sign Changes

3/25/2015 6:06 PM

The speed limit is only going up on stretches of road where the limit was 75 miles per hour, now going up to 80 mph.

Full Story | Watch
Woman Pushing For $20 Bill Makover

3/25/2015 9:54 AM

Barbara Ortiz Howard already has a day job maintaining apartment buildings near New York City. Now she has a second job and it's all about money. ...

Full Story


Events