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.

17° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options




[0] My Saved Articles
Back to all news


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'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



View business

You may also like

Board Of Education Member Had Multiple Contracts With State

11/23/2015 6:05 PM

That means in addition to her state salaries at USD and Northern State, Duncan earned an additional $124,000 in contracts from the Department of Educa...

Full Story | Watch
Fired GEAR UP Worker Defends Stacy Phelps

11/24/2015 6:05 PM

When the state pulled its multi-million dollar GEAR UP contract from Mid Central Educational Co-Op in September, all the current GEAR UP workers were ...

Full Story | Watch
Bison Ranch Owner By Turner Gets Permit For Feedlot Addition

11/25/2015 1:35 PM

Stanley County commissioners have approved a feedlot at a bison ranch owned by media mogul Ted Turner.

Full Story
Black Friday Shopping Starting on Thanksgiving

11/21/2015 5:43 PM

As more stores announce their Black Friday hours, the times are getting earlier and could even cut into your Thanksgiving meal.

Full Story
Some Black Friday Deals Are Not Deals

11/23/2015 4:51 PM

Recent research found just because something is called a doorbuster doesn't mean it's significantly discounted.

Full Story