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.

56° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



Share your Photos, Videos, and Stories on uShare! Click here to get started.

#3 Brookings @ #2 Mitchell at 7 p.m.


[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Wednesday Afternoon Business Brief

July 30, 2014, 2:26 PM

Wednesday Afternoon Business Brief

NEW YORK (AP) - Stocks are edging higher in early afternoon trading on Wall Street. Shares of Twitter, Hess and Pitney Bowes climbed after beating analysts' profit forecasts. Genworth Financial and Goodyear Tire & Rubber fell after turning in results that disappointed investors.

  • The Federal Reserve is further slowing the pace of its bond purchases because it thinks an improving U.S. economy needs less help. But it's offering no clearer hint of when it will start raising its benchmark short-term interest rate. In a statement after its two-day policy meeting, the Fed says it's paring its monthly purchases by another $10 billion to $25 billion. It's reiterating its plan to keep short-term rates low "for a considerable time" after its bond purchases end.
  • A former official at the heart of the IRS tea party controversy calls some right-wing Republicans "crazies" and more in emails released today. In a series of emails with a colleague in November 2012, Lois Lerner made two disparaging remarks about some members of the GOP, including one remark that was profane. Lerner headed the IRS division that handles applications for tax-exempt status. House Ways and Means Committee Chairman Dave Camp released the emails as part of his committee's investigation.
  • Republican senators have blocked a bill limiting tax breaks for U.S. companies that move operations overseas. The bill would have prevented companies from deducting expenses related to moving their operations to a foreign country and offered tax credits to companies that move operations to the United States. Republicans call the bill an election-year stunt.
  • A Houston company that already sends human remains out of this world will offer the same memorial space flights for four-legged loved ones. Celestis Inc. says rockets carrying the cremated remains of dogs and cats will start this fall.  The cost will be about the same as for human remains sent into space and returned, starting at about $995.

Previous Story

Next Story



View business

You may also like

Mitchell Superintendent Defends 'Second Job'

10/5/2015 10:02 PM

Our KELOLAND News investigation revealed some of the problems surrounding the multimillion dollar GEAR UP grant that caused the state to end its partn...

Full Story | Watch
Missing Documents On Secretary Of State Website

10/6/2015 6:05 PM

Half a million documents that are supposed to be on the South Dakota's Secretary of State website are not online.  The current Secretary Shan...

Full Story | Watch
Pepsi Perfect To Be Released October 21

10/5/2015 3:08 PM

On October 21, the same day Marty McFly traveled through time, the soda company is releasing Pepsi Perfect.

Full Story
Cupcake Baker Whips Up A Book

10/5/2015 3:35 PM

The woman who opened South Dakota's first gourmet cupcake shop has published a book.  Melissa Johnson has written, "Fingers in the Frost...

Full Story
State Waiting On Word From Feds About GEAR UP Program Future

10/6/2015 3:15 PM

Education Secretary Melody Schopp says the state is waiting for word from the U.S. Department of Education about the future of a Native American colle...

Full Story