User uShare 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.

28° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



 Winter Storm for November 30, 2015

Snow Outlook

Severe Weather

State Radar

Click here for local closings & delays

Send photos to

Storm Center Update



[0] My Saved Articles
Back to all news


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

Previous Story

Next Story



View business

You may also like

Board Of Education Member Had Multiple Contracts With State

11/23/2015 6:05 PM

That means in addition to her state salaries at USD and Northern State, Duncan earned an additional $124,000 in contracts from the Department of Educa...

Full Story | Watch
Fired GEAR UP Worker Defends Stacy Phelps

11/24/2015 6:05 PM

When the state pulled its multi-million dollar GEAR UP contract from Mid Central Educational Co-Op in September, all the current GEAR UP workers were ...

Full Story | Watch
Bison Ranch Owner By Turner Gets Permit For Feedlot Addition

11/25/2015 1:35 PM

Stanley County commissioners have approved a feedlot at a bison ranch owned by media mogul Ted Turner.

Full Story
Some Black Friday Deals Are Not Deals

11/23/2015 4:51 PM

Recent research found just because something is called a doorbuster doesn't mean it's significantly discounted.

Full Story
City Of Sioux Falls Buying Homes In Area that Floods

11/24/2015 6:05 PM

Homeowners have the option to voluntarily sell their house if they are concerned about flooding or if they have had problems with flooding. By tearing...

Full Story | Watch