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.


72° 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!

 

Tuesday Afternoon Business Brief

April 10, 2012, 1:23 PM

Tuesday Afternoon Business Brief

U.S. stocks are headed for their fifth straight day of losses. Today's selling comes at an accelerated pace. At midday, the Dow was down 150 points, or 1.1 percent.

  • Worries about Spain's finances have intensified as its borrowing costs rose despite expectations of a new round of austerity measures. Spain is under intense pressure to show it can rekindle economic growth and cut its budget deficit to avoid becoming the next eurozone country to need a bailout. The unemployment rate is nearly 23 percent and the economy is back in recession - the Bank of Spain predicts it will contract 1.7 percent this year.
  • Under a new plan unveiled today, wireless carriers will be able to quickly disable a cellphone after it's reported stolen. The anti-crime effort involves a database that will allow wireless providers to disable a cellphone after a user reports it stolen. Officials hope to have the plan in place six months from now.
  • Employers posted slightly more job openings in February, suggesting that modest hiring gains should continue in coming months. The Labor Department says that employers advertised 3.5 million job openings in February. That is a slight increase from January but still below a three-year high reached in December.
  • In what's being described as a mutual decision reached with the company, Best Buy CEO Brian Dunn is stepping down from the nation's largest consumer electronics retailer. Best Buy has been criticized for not responding quickly enough to growing competition and changing shopping habits.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Valentino's Restaurant For Sale

10/20/2014 12:18 PM

Prime real estate on 41st Street in Sioux Falls is for sale. Valentino's Restaurant at 41st Street and Western Avenue has been listed for $1.35 mi...

Full Story
Long John Silver's Closes, Building For Sale

10/20/2014 12:31 PM

A longtime fast food option in Sioux Falls, the Long John Silver's restaurant is closing after more than 30 years in business. 

Full Story
Pierre Woman Wins On In-Flight Game Show

10/17/2014 12:10 PM

A South Dakotan is a winner on the Allegiant Airlines' first in-flight game show called "The Game Plane."  The reality show is film...

Full Story
Pop-Up Holiday Shop Coming to Downtown Sioux Falls

10/15/2014 11:45 AM

Unglued: Christmas Market, will open in the space formerly occupied by the Book Shop in the Carpenter Building on Phillips Avenue from Nov. 20 through...

Full Story
Ebola Scams Surface

10/17/2014 2:15 PM

It was only a matter of time before scammers started capitalizing on the Ebola scare.  The Better Business Bureau is warning consumers about a va...

Full Story


Events