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.


53° 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

December 11, 2012, 5:22 PM

Tuesday Evening Business Brief
  • Stocks advanced today amid investor optimism regarding budget talks being held in Washington. The Standard & Poor's 500 had its biggest gain this month. The Dow rose 79 points to 13,248. The S&P 500 surged 9, while the Nasdaq surged 35 points.
  • The White House and congressional Republicans have been bargaining in secret and sparring in public over a deal to prevent year-end tax increases for middle class millions and spending cuts across much of the nation. Officials disclosed that President Barack Obama and House Speaker John Boehner had exchanged at least partial proposals in the past two days, although details were sparse and evidence of significant progress scarcer still.
  • The Michigan Legislature has given final approval to a bitterly contested right-to-work plan limiting the power of unions, a devastating setback for organized labor in a state considered a cradle of the movement. Republican Gov. Rick Snyder is expected to sign the measures as early as tomorrow.
  • American authorities cite "astonishing" dysfunction at the British bank HSBC, saying that it had helped Mexican drug traffickers, Iran, Libya and others under U.S. suspicion or sanction to move money around the world. HSBC has agreed to pay $1.9 billion, the largest penalty ever imposed on a bank.
  • Yahoo is giving a makeover to its email service in an attempt to regain some of the ground lost to Google. Hoping to cater to the growing audience checking their email on smartphones and tablet computers, Yahoo also introduced mobile apps for the iPhone, iPad and devices powered by Microsoft's recently released Windows 8 system.

Find more business stories on the Back To Business page.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story


Events