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.


41° 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!

 

Most Popular Today


Monday Afternoon Business Brief

April 23, 2012, 2:10 PM

Monday Afternoon Business Brief

Mounting debt in Europe has stocks sinking in New York. Reports out today show that European government debt continues to pile up despite often painful budget cuts. The Dow fell early and remains about 100 points down for the day. The broader indexes are also lower.

  • Wal-Mart shares are down nearly 5 percent today. The plunge follows a news report alleging executives at the company's Mexican subsidiary carried out a bribery scheme in order to build stores across Mexico, then tried to hush it up.
  • A bad economy and higher energy prices have worsened the outlook for Social Security. The trustees who oversee the program say its trust funds will now run dry in 2033, three years earlier than previously estimated. They say Medicare's finances have stabilized but the program's hospital insurance fund is still projected to run out of money in 2024. 
  • MetLife has agreed to pay nearly $500 million in a 20-state settlement over allegations it didn't pay life insurance benefits to some of its policyholders. MetLife is the largest life insurer in the United States.  The company says it's working with regulators to ensure all of its policyholders are paid. 
  • The Senate is debating a Republican effort to overturn regulations that make it easier and quicker for unions to get representation elections. Business groups claim the new rules allow unions to ambush companies. Unions call them a modest fix to limit corporate stalling tactics. The GOP is given little chance of succeeding when the Senate votes on a resolution of disapproval later today.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

New Indoor Racing & Recreation Business

11/19/2014 10:05 PM

For about four months out of the year, people in the Sioux Falls area can go go-kart racing and play mini golf.

Full Story | Watch
New Sioux Falls Shop Opens Thursday

11/19/2014 11:10 AM

Holiday shoppers will soon have a new spot to buy locally made gifts.

Full Story
Stroller Recall Due To Amputation Hazard

11/20/2014 9:45 AM

More than four million strollers sold in the United States are part of a recall.

Full Story
Alco To Close Stores Across South Dakota

11/21/2014 2:03 PM

Several South Dakota cities will soon have one less store.

Full Story
Gas Stations In Region Struggling To Keep Up Supply

11/18/2014 5:52 PM

Over the past few days, drivers in Sioux Falls have been noticing certain grades of fuel are out of stock at gas stations across town.

Full Story | Watch


Events