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.


58° 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.

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

Wednesday Evening Business Brief

October 26, 2011, 4:52 PM

Wednesday Evening Business Brief
U.S. stocks were higher at the closing bell, after reports that China will come to the aid of Europe by investing in a financial rescue fund. Agence France-Presse reported that China has agreed to invest in Europe's financial rescue fund, which will be used to support struggling countries and banks in the European Union. The Dow gained 162 points, or 1.4 percent, to 11,869. The S&P 500 rose 13 points, while the Nasdaq composite added 12 points.
  • European countries will force their largest banks to quickly increase their capital buffers, hoping to address the continent's debt troubles. Aiding the banks is thought to be the key to resolving the debt crisis, which threatens the euro.
  • President Barack Obama says his administration has made no decision on whether a Canadian company can proceed with plans for a transnational oil pipeline to Texas. A protester during Obama's appearance at the University of Colorado Denver yelled that the president should say no to the contested Keystone XL project.
  • The largest hedge funds and private equity firms must report financial information to the government under a rule adopted Wednesday. But the Securities and Exchange Commission has backed off broader reporting requirements after it drew heavy objections from the industry.
  • Freddie Mac CEO Ed Haldeman Jr. will resign within the next year, according to the government regulator that oversees the mortgage giant. The Federal Housing Finance Agency also says Freddie Mac will lose its chairman of its governing board and two other board members in the coming months. The departures
    amount to the biggest leadership shake-up for the agency since it
    was taken over by the government in 2008.
     

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

You may also like

Jesus Take The Wheel

9/25/2014 10:00 PM

Miracle on the highway: that's how many people are describing a bad crash between a semi-truck and car in which no one was killed.

Full Story | Watch
Autistic Student Gets Royal Treatment

9/26/2014 4:55 PM

Friday night's homecoming at Brandon Valley High School is a crowning achievement for a senior who's living with autism.

Full Story | Watch
Iowa Teen Dies Two Days After Fight At School

9/28/2014 11:42 AM

Prosecutors may file additional charges because a western Iowa teen died two days after suffering a head injury during a fight at school.

Full Story
Verdict Reached In McCahren Case

9/23/2014 8:51 PM

Braiden McCahren walked out of the Tripp County Courthouse Tuesday night a convicted killer.

Full Story
Police: Missing Boy Shows Up At School

9/26/2014 6:39 AM

Sioux Falls police say a missing boy showed up for school Friday morning.  

Full Story


Events