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.


52° 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!

 

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




 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls To Get Second Five Guys Location

10/29/2014 11:45 AM

Five Guys Burgers and Fries will open up a second location in Sioux Falls in the former Extreme Automotive building at 49th Street and Louise Avenue.

Full Story
Three Sushi Restaurants Back Open

10/27/2014 11:10 AM

The three sushi restaurants that closed last week in Sioux Falls were back open for business over the weekend.

Full Story
KELO TV/Argus Leader Poll: Medicaid/Teacher Pay

10/26/2014 6:00 AM

There are a number of big issues this election year, but there are also big issues that people won't be voting on next week, like raising teacher ...

Full Story
What To Buy In November

10/28/2014 3:59 PM

A new month is right around the corner, and that means DealNews has released its list of the best things to buy in November. 

Full Story
Airport Hotel Takes Shape

10/27/2014 11:38 AM

The $5 million hotel called the AeroStay at the Sioux Falls airport is taking shape.  Exterior walls are going up for the 76 rooms and the buildi...

Full Story


Events