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.


71° 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!

 

Thursday Afternoon Business Brief

April 12, 2012, 1:15 PM

Thursday Afternoon Business Brief

Stocks are rising for a second straight day. The Dow has been up as many as 150 points, or more than 1 percent.

  • Goldman Sachs has agreed to pay $22 million to settle regulators' charges that its analysts shared confidential research with favored clients. Regulators alleged that Goldman analysts had weekly "huddles" from 2006 to 2011 where they discussed confidential research on stocks with the firm's traders and then passed on the ideas to a select group of top clients.
  • The Obama administration's consumer financial watchdog agency is backing off a plan to limit big upfront fees on credit cards. The Consumer Financial Protection Bureau says its proposal would increase costs for cardholders and allow banks to charge more in fees.
  • International Monetary Fund chief Christine Lagarde says the lending agency might not need as large a boost in financial resources as first thought to address Europe's debt crisis. She says it is hoped the issue is resolved when the so-called lender of last resort holds its spring meeting in Washington next week.
  • The California Supreme Court says employers are under no obligation to ensure that workers take legally mandated lunch and rest breaks. The ruling came despite arguments from workers' attorneys that abuses are widespread when companies aren't required to issue direct orders to take breaks.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

New Mortgage Rules

7/16/2014 10:10 PM

This year, new mortgage rules went into effect to protect homeowners who are struggling. Potential buyers are also required to get education before en...

Full Story | Watch
First Frozen Yogurt Truck For Franchise In SD

7/17/2014 3:32 PM

People who attend JazzFest can cool down with frozen yogurt from the first Orange Leaf food truck in the nation

Full Story
Lance Armstrong Is Grand Marshal For Sturgis Ride

7/21/2014 3:02 PM

Dethroned cyclist Lance Armstrong has been named the official grand marshal of the mayor's ride to kick off the Sturgis Motorcycle Rally.

Full Story
Millennials Prefer Cash

7/21/2014 11:40 AM

Americans would rather put their money in the bank than make long-term investments in stocks

Full Story
More Homeowners Taking Mortgage Debt Into Retirement

7/17/2014 10:10 PM

Many people plan to pay off their mortgage before they retire, but that's less common these days. 

Full Story | Watch


Events