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.


26° 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.
Significant Snowfall expected for KELOLAND. Click here for details. 

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Monday Afternoon Business Brief

June 4, 2012, 1:19 PM

Monday Afternoon Business Brief

Relative calm is being seen on Wall Street today after last week's selling. The Dow opened at the lowest level since December. It remains down in afternoon trading, as are the Nasdaq and the S&P 500, though the losses are relatively modest.

  • France's new foreign minister says he is confident Paris will bridge its differences with Berlin over how to resolve the eurozone debt crisis. French President Francois Hollande has called for a much greater focus on economic growth despite pressures for austerity.
  • The Commerce Department says companies placed fewer orders to U.S. factories for the second straight month in April. Orders for durable goods were down 0.6 percent while demand for so-called core capital goods, such as heavy machinery and computers, dropped 2.1 percent in April.
  • Wal-Mart's final shareholder vote for its board of directors shows some dissent against key executives and board members, including CEO Mike Duke, in the wake of allegations of bribery in Mexico. The tally released today shows 13 percent of the 3.4 billion shares were voted against the re-election of Duke.
  • The Supreme Court has rejected a request from homeowners in Indianapolis who sought tax refunds when the city changed its plan for paying for a new sewer line. In a 6-3 ruling, the court has upheld the city's decision to refuse to refund taxes that some homeowners paid up front while it forgave the remaining taxes for people who paid on an installment plan.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Website Ranks The 25 Best Jobs For 2015

1/28/2015 5:12 AM

Physician assistants topped the list, which has an average base salary of $111,376.

Full Story
Refinery Issues Lead To Higher SD Gas Prices

1/27/2015 11:10 AM

For the first time in months, South Dakota's average gas price rose last week.  According to a AAA report, the increase is due to a series of...

Full Story
Proposed Egg Farm Drawing Complaints In Turner County

1/27/2015 7:30 AM

A Sioux Falls-based company hopes to more than double the number of egg-laying hens in South Dakota by opening a large chicken operation near Parker.

Full Story
Five Ways Unmanned Drones Could Affect The American Food Supply

1/25/2015 5:38 PM

Herding cattle. Counting fish. Taking an animal's temperature. Applying pesticides.

Full Story
Omaha Writer To Feature Queen City Bakery

1/28/2015 6:00 PM

Queen City Bakery in Sioux Falls has developed a large fan base locally and now people from all over can experience why. The business is set to be fea...

Full Story | Watch


Events