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.


39° 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.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Wednesday Evening Business Brief

December 19, 2012, 5:32 PM

Wednesday Evening Business Brief

Stocks dropped today with no resolution immediately in sight to the "fiscal cliff". The Dow fell 99 points, or 0.7 percent, to 13,252. The S&P dropped 11, while the Nasdaq shed 10 points.

  • President Barack Obama says he and House Speaker John Boehner are "pretty close" to a grand deal to avoid a first-of-the-year shock to the economy.  His comments came shortly after the White House threatened to veto Boehner's backup plan for averting the "fiscal cliff." Boehner's measure, a so-called Plan B, would block tax increases from being triggered Jan. 1 on everyone but those whose incomes exceed $1 million.
  • During the final weekend before Christmas, shoppers should expect to see more "70 percent off" and "buy one, get one free" signs as stores try to salvage a season that so far has been disappointing. For example, Teen retailer Aeropostale has slashed prices on everything in its stores by 60 percent.
  • The price of oil rose after the government reported shrinking crude supplies. Benchmark crude jumped $1.58, or about 1.8 percent, to finish at $89.51 per barrel in New York.  That's the biggest one-day price rise in a month.
  • Google is launching its "scan and match" service for Google Music users to store copies of their songs online, offering for free what Apple charges $25 a year for. The service, which is part of Google Play, is now live. It saves uploading time for those who want to save their music libraries online.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

National Pizza Franchise Coming To Sioux Falls

4/22/2014 4:24 PM

The South Dakota franchise owner of Marco's Pizza plans to open a third location in Sioux Falls at 5007 S. Louise Avenue, next to Noodles &am...

Full Story
It Looks Like A Credit Card, But It's Not

4/22/2014 10:01 PM

Small businesses often are short on cash or credit and in need of funding.  A California company is offering local businesses financing through t...

Full Story | Watch
Eric Church Concert Near-Sellout Within Minutes

4/18/2014 5:55 PM

The first ticket sale to an event at the new Denny Sanford PREMIER Center proved to be a boon at the box office Friday

Full Story | Watch
Redfield Drive-In To Stay Open

4/23/2014 6:00 PM

They continue to be a dying breed but not in Redfield. A family feared the local drive-in movie theatre would close and decided to take on the task of...

Full Story | Watch
City Of Worthington: Dilapidated Mall Is Due To Neglect From Ownership

4/21/2014 10:07 PM

The Northland Mall has been a mainstay in the Worthington community for over 35 years. The dilapidated shopping center has a leaky roof, which could l...

Full Story | Watch


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED