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.


52° 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 5, 2014, 5:08 PM

Tuesday Evening Business Brief
  • Renewed investor worries about instability in the world, particularly the situation in Ukraine, took a toll on the stock market today. The Dow Jones industrial average fell nearly 200 points at one juncture, but recovered some of the losses in the last 30 minutes of trading. Concern also has been raised about a slowing of economic growth in China. The Dow lost 139.81 points and the Standard & Poor's 500 index lost 18.78 points.
  • USA Today owner Gannett has become the most recent major media entity to say it will divide its print and broadcast divisions into separate companies. Gannett said today that its separation will leave the newspaper unit debt free and let both companies pursue growth and acquisitions more efficiently. But some observers see the rush to split less profitable print businesses from growing TV and digital operations as an ominous sign for the newspaper industry.
  • Officials say the Obama administration is looking for steps it could take on its own to prevent American companies from reincorporating overseas to shirk U.S. taxes. The idea is to find a way around political gridlock in Congress. President Barack Obama has denounced so-called "tax inversions" as unpatriotic and has urged lawmakers to stop them, in an election-year push that Democrats hope will appeal to middle-class voters.
  • MGM Resorts International reported a profit for its second quarter today, helped by an IRS audit settlement and a strong showing among its properties on the Las Vegas Strip. CEO Jim Murren touted several new projects aimed at keeping the casino company ahead of the pack in Las Vegas, including a $375 million arena under construction on the Strip, new restaurants and an interactive Hershey's store that debuted in June.
  • Environmental advocates and residents living near oil refineries asked the U.S. Environmental Protection Agency today to force petroleum companies to adopt stricter emissions standards and publicly release emissions data to help reduce communities' exposure to a cancer-causing chemical. By midafternoon, about 60 people had addressed the federal agency during a hearing in Texas on the EPA's proposal to compel refineries - for the first time - to monitor and report emissions of benzene to nearby communities.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Bear Shatters Glass Wall At Minnesota Zoo

7/6/2015 2:50 PM

A grizzly bear at the Minnesota Zoo repeatedly slammed a 50-pound rock into the glass wall of its enclosure, cracking the thick pane separating the be...

Full Story
Presidential Proposal Would Expand Overtime Pay

6/30/2015 7:08 AM

Obama is unveiling a proposal to require overtime pay for workers who earn up to $970 per week, up from the current $455 threshold.

Full Story
New Laws Bring Changes To Commercial Driver's Licenses

7/1/2015 6:52 AM

The new regulations raise the minimum age to apply for a commercial driver's license from 16 to 18.

Full Story
Don't Twist That Oreo: Cookie Gets Skinny, 'Sophisticated'

7/6/2015 10:06 AM

Oreos are getting a skinny new look, and its maker says the new cookie is a "sophisticated" snack for grown-ups that isn't meant to be t...

Full Story
Starbucks: Prices For Some Drinks To Go Up By 5 To 20 Cents

7/6/2015 2:06 PM

Starbucks says it's hiking prices again starting Tuesday, with the increases ranging from 5 to 20 cents for most affected drinks.

Full Story


Events