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.


49° 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!

 

Wednesday Afternoon Business Brief

October 24, 2012, 1:24 PM

Wednesday Afternoon Business Brief

Wall Street has seen a modest rebound after yesterday's steep declines in the major averages. A series of downbeat comments on earnings was broken by more positive news coming from Facebook and Boeing.

  • The top federal prosecutor in Manhattan has sued Bank of America for more than $1 billion, alleging mortgage fraud against Fannie Mae and Freddie Mac during the years around the financial crisis. The U.S. attorney says Countrywide Financial, which was later bought by Bank of America, churned out mortgage loans from 2007 to 2009 without making sure that borrowers could afford them.
  • Billionaire investor Warren Buffett says the global economy is definitely slowing because of continued problems in Europe and the decline in Asia. Buffett says the U.S. economy is still improving modestly and business will improve regardless of who wins the presidential election.
  • An expert panel says every expectant mother should get a shot preventing whooping cough, preferably in the last three months of her pregnancy to help protect her baby. The advice comes amid a frightening resurgence of the dreaded childhood disease. More than 32,000 cases, including 16 deaths, have been reported so far this year. 2012 is on track to be the nation's worst year for whooping cough since 1959.
  • Best Buy hopes it can help consumers who might be confused about Microsoft's upcoming operating system launch. The consumer-electronics retailer is looking to capitalize on release of Windows 8. It's trying to lure customers with exclusive computers and staffers trained to explain and demonstrate the new software.

Find the latest local busines news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls To Get Second Five Guys Location

10/29/2014 11:45 AM

Five Guys Burgers and Fries will open up a second location in Sioux Falls in the former Extreme Automotive building at 49th Street and Louise Avenue.

Full Story
Three Sushi Restaurants Back Open

10/27/2014 11:10 AM

The three sushi restaurants that closed last week in Sioux Falls were back open for business over the weekend.

Full Story
KELO TV/Argus Leader Poll: Medicaid/Teacher Pay

10/26/2014 6:00 AM

There are a number of big issues this election year, but there are also big issues that people won't be voting on next week, like raising teacher ...

Full Story
What To Buy In November

10/28/2014 3:59 PM

A new month is right around the corner, and that means DealNews has released its list of the best things to buy in November. 

Full Story
Airport Hotel Takes Shape

10/27/2014 11:38 AM

The $5 million hotel called the AeroStay at the Sioux Falls airport is taking shape.  Exterior walls are going up for the 76 rooms and the buildi...

Full Story


Events