User uShare 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



Share your Photos, Videos, and Stories on uShare! Click here to get started.



[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Tuesday Evening Business Brief

November 27, 2012, 4:51 PM

Tuesday Evening Business Brief
  • Stocks finished lower on Wall Street amid indications that little progress is being made in Washington in talks over how to narrow the U.S. government's budget deficit. The Dow dropped 89 points to 12,878. The S&P was down 7, while the Nasdaq shed 9 points.
  • The Obama administration has declined to label China a currency manipulator, noting that Beijing has allowed its currency to rise nearly 10 percent in value against the dollar since June 2010.  Republican presidential nominee Mitt Romney had vowed during the campaign to brand China a currency manipulator if he won the White House.
  • An executive vilified by Hewlett-Packard on allegations of an accounting ruse is stepping up his attack on the company accusing him. In a letter to HP's board released today, former Autonomy CEO Mike Lynch defends his record. He also suggests Hewlett-Packard is using the charges of financial wrongdoing to cover up damage caused by its own mismanagement.
  • The World Bank has announced a half billion dollar loan to Tunisia to support economic reforms to improve the North African country's investment climate. The loan is intended to support reforms to remove red tape for investments, improved financial sector regulation, training programs for youth and increased government transparency.
  • The price of oil slipped today. Crude oil fell 56 cents to close at $87.18 on the New York Mercantile Exchange.

Read more business headlines on the Back To Business page.

Previous Story

Next Story



View business

You may also like

Mitchell Superintendent Defends 'Second Job'

10/5/2015 10:02 PM

Our KELOLAND News investigation revealed some of the problems surrounding the multimillion dollar GEAR UP grant that caused the state to end its partn...

Full Story | Watch
Stacy Phelps Resigns From Board of Education

10/2/2015 3:14 PM

Phelps administered the GEAR UP program which prepared and encouraged Native American students to enroll into higher educaton.

Full Story
Sioux Falls Floral Shop Fills Special Order For Elton John

10/1/2015 4:48 PM

Sir Elton John will be surrounded by beautiful flowers during his stop in Sioux Falls.

Full Story
Coffee Shop, Pizza Chain Both Opening In East Sioux Falls

10/2/2015 2:03 PM

Marco's Pizza filed a building permit to set up shop in a new stripmall on South Sycamore Avenue.

Full Story
Missing Documents On Secretary Of State Website

10/6/2015 6:05 PM

Half a million documents that are supposed to be on the South Dakota's Secretary of State website are not online.  The current Secretary Shan...

Full Story | Watch