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.


61° 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!

 

Wednesday Evening Business Brief

May 2, 2012, 6:23 PM by Karen Sherman

Wednesday Evening Business Brief

Stocks bounced off their session lows amid concern how Friday's jobs report might look. The Dow fell 11 points, or less than 0.1 percent, to 13,269. The S&P slipped nearly 4, while the Nasdaq rose 9 points.

  • News Corp.'s board of directors has announced "full confidence in Rupert Murdoch's fitness" backing his leadership amid a probe of phone hacking and bribery by the company's U.K. newspapers. That stands in contrast to the finding of a British parliamentary committee which said Murdoch was "not a fit person" to head a major international company.
  • Federal regulators say 11 people exploited the deadly 2010 earthquake in Haiti to illegally sell stock in a U.S. company that they wrongly told investors would build homes in the devastated country. The SEC says the mastermind of the scheme was Kevin Sepe of Miami. He and five others have agreed to pay a total $3.2 million to settle civil charges.
  • Target is phasing out Amazon.com's e-reader Kindle at its more than 1,700 stores and its website. Retailers are trying to avoid serving as virtual showrooms for merchandise sold online.
  • Oil prices have slipped on concerns about a weakening European economy and disappointing job growth in the U.S. Benchmark West Texas Intermediate crude dropped 94 cents to end the day at $105.22 per barrel in New York.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Takata Air Bag Recall Becomes Biggest Ever In US

5/20/2015 5:19 AM

Takata's decision to add more than 18 million air bags to existing recalls comes following pressure from U.S. safety regulators.

Full Story
South Minnesota Ave. Burger King To Be Torn Down For Strip Mall

5/19/2015 2:06 PM

Demolition of the Burger King building will get underway June 1 and the strip mall will be complete in mid-October.  

Full Story
Buildings Being Torn Down on 41st Street For New Strip Mall

5/19/2015 4:10 PM

A new strip mall is coming to 41st Street across from the Western Mall.  Lloyd Companies is taking out the K & H Car Wash, Mobil gas station ...

Full Story
Moe's Southwest Grill Looks To Open Restaurant In Sioux Falls

5/18/2015 4:18 PM

The Mexican franchise Moe's Southwest Grill has picked a location in Sioux Falls, but has yet to seal the deal.  Moe's Southwest Grill st...

Full Story
Raven Industries Sales And Profits Significantly Down

5/19/2015 9:45 AM

Raven Industries is reporting significant first quarter profit losses.  Raven's net sales were down 31.4 percent to $70.3 million. Raven'...

Full Story


Events