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.


56° 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

May 27, 2014, 6:29 PM

Tuesday Evening Business Brief
  • More promising signs that the economy is strengthening after its winter slowdown have pushed stocks higher. The S&P 500 index, the benchmark for most U.S. mutual funds, rose for the fourth straight day and ended at another all-time high. It added 11 points to 1,911.91. The Dow climbed 69 points to 16,675.50. And the Nasdaq composite rose 51 to 4,237.
  • The Federal Trade Commission is urging Congress to tighten rules for data brokers and help consumers control their personal information. FTC Chairwoman Edith Ramirez calls the amount of information collected on consumers "quite astonishing." She says the FTC wants Congress to require more transparency from data brokers and for consumers to have more control over how their personal information is used.
  • The president of the European Central Bank says he is mindful of the danger of inflation remaining too low in the 18-country eurozone, but he's not saying what action might be taken to address it. The inflation rate among countries using the euro currency has been below 1 percent since October, which makes debt reduction more difficult. The ECB's monthly policy meeting next week is widely expected to announce new measures on inflation.
  • Philadelphia's two largest newspapers have been sold at auction for $88 million. Businessman Lewis Katz and philanthropist H.G. "Gerry" Lenfest are taking over The Philadelphia Inquirer, the Philadelphia Daily News and the Philly.com news website. Katz and another businessman bought it for $55 million two years ago, but feuded over how the papers should be run. Kats supports the investigative reporting favored by the current Inquirer editor. He vows to keep a focus on serious journalism, despite ad and circulation declines.
  • A scientists' group says Hyundai-Kia has unseated Honda as the greenest automaker in the U.S.  The Union of Concerned Scientists ranks the eight top-selling automakers based on carbon and smog-forming emissions of their fleets. The group says all eight automakers reduced pollution for the first time.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Valentino's Restaurant For Sale

10/20/2014 12:18 PM

Prime real estate on 41st Street in Sioux Falls is for sale. Valentino's Restaurant at 41st Street and Western Avenue has been listed for $1.35 mi...

Full Story
Long John Silver's Closes, Building For Sale

10/20/2014 12:31 PM

A longtime fast food option in Sioux Falls, the Long John Silver's restaurant is closing after more than 30 years in business. 

Full Story
Pierre Woman Wins On In-Flight Game Show

10/17/2014 12:10 PM

A South Dakotan is a winner on the Allegiant Airlines' first in-flight game show called "The Game Plane."  The reality show is film...

Full Story
SD Gas Prices Jump While Nation Approaches Four-Year Low

10/21/2014 11:00 AM

Gas prices have fallen to a nearly four-year low nationwide at an average of $3.09 a gallon.  AAA South Dakota says U.S. gas prices could drop to...

Full Story
Three Sushi Restaurants Suddenly Close In Sioux Falls

10/22/2014 4:45 PM

Three sushi restaurants have all closed for business in Sioux Falls.

Full Story


Events