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.


48° 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

November 7, 2012, 1:17 PM

Wednesday Afternoon Business Brief

Stocks have taken a pounding today as investors shifted their attentions to the challenges facing not only the U.S. economy, but also Europe. At midday, the Dow was down more than 250 points.

  • Fitch Ratings is warning about the risks facing the U.S. if Congress and the newly re-elected president fail to avoid a series of tax hikes and spending cuts otherwise set to take effect at the beginning of the year. At issue is its perfect AAA credit rating. Fitch says the president gets no "fiscal honeymoon".
  • A former darling of the stock market has now dropped more than 20 percent from its peak. Shares of Apple had topped above $705 in September.  Today, it was trading around $560 a share.
  • Travelers can expect airports to be busier and planes to be full this Thanksgiving. The main trade group for U.S. carriers says nearly 24 million travelers will fly from Friday, Nov. 16, through Tuesday, Nov. 27. It looks for planes to be close to 90 percent full.
  • It is a kind of superhero digital transition. DC Comics is expanding its digital storefront, putting all its monthly titles - from Batman to Superman - on sale at iTunes, Amazon's Kindle store and Barnes & Noble's Nook shop. They'll be available on the same day they appear in comic shops.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Hy-Vee Announces Updates To Sioux Falls Stores

5/27/2015 10:24 AM

There are big plans for the seven Hy-Vee grocery stores in Sioux Falls.

Full Story
Ford Recalls Nearly 423K Vehicles For Power Steering Problem

5/27/2015 3:06 PM

Ford is recalling nearly 423,000 cars and SUVs in North America because the power-assisted steering can fail while they're being driven.

Full Story
Software Glitch Can Cause iPhones To Crash

5/27/2015 3:23 PM

A newly-discovered glitch in Apple's software can cause iPhones to mysteriously shut down when they receive a certain text message.

Full Story
Flights Cut/Airfares Rise Out of Sioux Falls

5/26/2015 10:10 PM

Just last summer, KELOLAND News reported that more people were flying Frontier. The discount airline had daily flights to Denver that were more than 9...

Full Story | Watch
Women's Clothier Torrid Coming To Empire Mall

5/26/2015 1:35 PM

Construction is scheduled to begin in July, and the store plans to open in early fall. 

Full Story


Events