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.

28° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



 Winter Storm for November 30, 2015

Snow Outlook

Severe Weather

State Radar

Click here for local closings & delays

Send photos to

Storm Center Update



[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Wednesday Midday Business Brief

July 9, 2014, 11:40 AM

Wednesday Midday Business Brief

Stocks are moving higher in early trading on Wall Street, reversing a two-day decline. Alcoa is getting the second-quarter earnings season underway with some positive news. Late yesterday the aluminum company reported a profit of $138 million, better than Wall Street expected, as well as stronger-than-expected revenue. This afternoon the Federal Reserve will release minutes from its June meeting.

  • The federal government says it made about $100 billion in payments last year to people who may not have been entitled to receive them. Tax credits went to families that didn't qualify, unemployment benefits went to people who had jobs and medical payments were made for treatments that might not have been necessary. Congressional investigators say the figure could be even higher. A House Oversight subcommittee is holding a hearing on the matter this afternoon.
  • China and the United States have agreed on some small steps toward fighting climate change. After talks today in Beijing, the two countries announced eight joint projects aimed at capturing and storing carbon, and setting up more efficient energy grids. They also agreed to stronger fuel efficiency standards for cars and trucks and to study gas use in industrial boilers. But the world's No. 1 and No. 2 carbon emitters remain at odds over a wider global plan to cut emissions.
  • China's finance minister says his country isn't planning any new stimulus measures and says it's up to the United States to drive the global economy. He says China is emphasizing structural reforms to spur economic growth and is unlikely to repeat the kind of massive economic stimulus it did in the wake of the 2008 global financial crisis.
  • Greece says it will issue a three-year bond following its successful bid to tap debt markets in April. A finance ministry statement says the bond "is expected to be launched and priced in the near future, subject to market conditions." Greece regained bond market access in April, four years after it was saved from bankruptcy by an international bailout.

Previous Story

Next Story



View business

You may also like

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
Great Western Bank Buys Home Federal For $140M

11/30/2015 3:37 PM

The combined companies are projected to have $11.3 billion in assets, $8.5 billion in loans and $8.6 billion in deposits.

Full Story
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
Cyber Monday Sales Bring Down Target Website

11/30/2015 10:03 AM

Target’s website went down during Cyber Monday shopping Monday morning.

Full Story
City Of Sioux Falls Buying Homes In Area that Floods

11/24/2015 6:05 PM

Homeowners have the option to voluntarily sell their house if they are concerned about flooding or if they have had problems with flooding. By tearing...

Full Story | Watch