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.

54° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



Share your Photos, Videos, and Stories on uShare! Click here to get started.


[0] My Saved Articles
Back to all news


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



View business

You may also like

Mitchell Superintendent Defends 'Second Job'

10/5/2015 10:02 PM

Our KELOLAND News investigation revealed some of the problems surrounding the multimillion dollar GEAR UP grant that caused the state to end its partn...

Full Story | Watch
Stacy Phelps Resigns From Board of Education

10/2/2015 3:14 PM

Phelps administered the GEAR UP program which prepared and encouraged Native American students to enroll into higher educaton.

Full Story
Coffee Shop, Pizza Chain Both Opening In East Sioux Falls

10/2/2015 2:03 PM

Marco's Pizza filed a building permit to set up shop in a new stripmall on South Sycamore Avenue.

Full Story
Missing Documents On Secretary Of State Website

10/6/2015 6:05 PM

Half a million documents that are supposed to be on the South Dakota's Secretary of State website are not online.  The current Secretary Shan...

Full Story | Watch
Pepsi Perfect To Be Released October 21

10/5/2015 3:08 PM

On October 21, the same day Marty McFly traveled through time, the soda company is releasing Pepsi Perfect.

Full Story