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.


54° 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

Big Box Competition Prompts 2 SD Stores To Close

10/1/2014 6:51 AM

Stores are closing in Pierre and Aberdeen as big box retailers move in, affecting more than two dozen workers.

Full Story
Latest SF Walmart Lawsuit Dismissed

9/30/2014 11:48 AM

A lawsuit filed by opponents of a south side Sioux Falls Walmart has been dismissed.

Full Story
Chicago Fire Rerouting Travelers In Sioux Falls

9/26/2014 11:25 AM

A fire in Chicago has grounded flights in Sioux Falls and across the country.

Full Story
Lawsuit Dismissal Rolls Back SF Walmart Road Blocks

9/30/2014 5:39 PM

A Sioux Falls judge has dismissed the latest lawsuit involving the south side Walmart.

Full Story | Watch
Realtors Talk Safety After Broker Murder

10/1/2014 10:00 PM

We spoke with area realtors to find out what can be done to stay safe when going out on a job solo.

Full Story | Watch


Events