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.


33° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Freezing rain switching to snow Sunday evening through Monday.

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Tuesday Afternoon Business Brief

April 17, 2012, 1:13 PM

Tuesday Afternoon Business Brief

Stocks are solidly higher as investors warm to corporate earnings reports. At midday, the Dow was up about 200 points, or more than 1.5 percent.

  • The International Monetary Fund is feeling a bit better about the outlook for the global economy, including Europe's debt crisis. The so-called lender of last resort predicts the U.S. economy will grow 2.1 percent this year, with the rate for the world at 3.5 percent.
  • Citigroup shareholders are expressing anger with the level of executive pay at the banking giant. At the annual shareholders meeting, 55 percent of shareholders voted against the pay packages granted top executives. The vote is not binding, however. The CEO, Vikram Pandit, got nearly $15 million in total compensation last year.
  • President Barack Obama is urging Congress to give oil market regulators more power to restrain speculative price manipulation. He wants lawmakers to strengthen federal supervision of oil markets, increase penalties for market manipulation and empower regulators to increase the amount of money energy traders are required to put behind their transactions.
  • Gamers take note, Master Chief will awaken in November. Microsoft says the next installment in the wildly popular Halo series, "Halo 4", is scheduled for worldwide release Nov. 6 on Xbox 360.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story
Denny Sanford's Multi-Million Solution To Worker Shortage

12/16/2014 10:04 PM

Sanford's money provides half of the funds for a $50 million scholarship program at the state's technical schools to train workers to fill job...

Full Story | Watch


Events