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.


24° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Most Popular Today


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




 
Find Local Businesses on KELO Pages!

View business

You may also like

New Indoor Racing & Recreation Business

11/19/2014 10:05 PM

For about four months out of the year, people in the Sioux Falls area can go go-kart racing and play mini golf.

Full Story | Watch
New Sioux Falls Shop Opens Thursday

11/19/2014 11:10 AM

Holiday shoppers will soon have a new spot to buy locally made gifts.

Full Story
Stroller Recall Due To Amputation Hazard

11/20/2014 9:45 AM

More than four million strollers sold in the United States are part of a recall.

Full Story
Alco To Close Stores Across South Dakota

11/21/2014 2:03 PM

Several South Dakota cities will soon have one less store.

Full Story
Gas Stations In Region Struggling To Keep Up Supply

11/18/2014 5:52 PM

Over the past few days, drivers in Sioux Falls have been noticing certain grades of fuel are out of stock at gas stations across town.

Full Story | Watch


Events