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.


30° 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

August 8, 2012, 5:21 PM

Wednesday Evening Business Brief

The recent stock market rally cooled today. The Dow gained 7 points to 13,176. The S&P was up a fraction, while the Nasdaq composite fell nearly 5 points.

  • Pilots for American Airlines expressed their anger with management by overwhelmingly rejecting the company's final contract offer, but mechanics approved a contract by a razor-thin margin.  American says it is disappointed with the pilots' vote. American will ask a federal bankruptcy judge to let it set pay and other working terms for pilots.
  • Federal regulators say Higher One has agreed to return about $11 million to college students for overcharging them for fees on debit cards and other practices. The Federal Deposit Insurance Corp. says Higher One, which also is paying a $110,000 civil fine, agreed to change the way it imposes fees.
  • Rising profits are reported by Macy's. The retailing parent, which includes Bloomingdale's, says the 16 percent increase was due to cost-cutting and by focusing on local strategy.
  • The price of oil has been on a tear lately, but slipped a bit today. Benchmark crude fell 32 cents to settle at $93.35 a barrel.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story
Denny Sanford's Multi-Million Solution To Worker Shortage

12/16/2014 10:04 PM

Sanford's money provides half of the funds for a $50 million scholarship program at the state's technical schools to train workers to fill job...

Full Story | Watch


Events