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.


54° 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




 
Find Local Businesses on KELO Pages!

View business

You may also like

Historic Sioux Falls Building For Sale

9/15/2014 4:24 PM

The Carpenter Building on South Phillips Avenue in Sioux Falls is for sale for $4.2 million.

Full Story
Sioux Falls Named 41st In Best Small To Midsize Cities List

9/15/2014 1:43 PM

Sioux Falls comes in at number 41 on Livability.com's list of the nation's best small to midsized cities.

Full Story
SF Judge Considering Another Walmart Lawsuit

9/19/2014 5:41 PM

Homeowners believe the City of Sioux Falls didn't live up to its promise of having a conditional use permitting process for the new store proposed...

Full Story | Watch
Unbridled Business

9/15/2014 10:10 PM

Most of us think of successful online retailers as being located in big cities.  But the truth is when your customers are on the Internet, you ca...

Full Story | Watch
Great Outdoor Store Recognized By National Magazine

9/17/2014 3:33 PM

Outdoor USA Magazine is giving high marks to a Sioux Falls store.

Full Story


Events