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.

30° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options




[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Tuesday Afternoon Business Brief

July 10, 2012, 1:17 PM

Tuesday Afternoon Business Brief

Stocks are lower at midday on Wall Street. In Europe, a deal to aid Spain helped push the yield on its benchmark 10-year government bond down to 6.8 percent. That rate had hit 7 percent, viewed as a dangerously high level, just yesterday.

  • Jefferies says it's liquidated most of its positions in brokerage firm Peregrine Financial Group and does not expect to incur a loss associated with the troubled firm. Accounts have been frozen at Peregrine with millions of dollars unaccounted for. The action follows a reported suicide attempt by its founder and chairman.
  • Two congressional committees are raising questions about what U.S. regulators knew concerning allegations that a key global interest rate was being manipulated. Lawmakers have asked the Federal Reserve Bank of New York to provide transcripts of discussions between Fed officials and the British bank Barclays regarding the setting of interest rates.
  • Comcast's NBCUniversal is selling its stake in A&E Television Networks to Disney and Hearst for $3 billion in cash. Comcast has a nearly 16 percent stake in A&E, and said it will sell that stake to Disney and Hearst, its partners in the A&E joint venture.
  • Apple will start selling the iPad in China in this month after paying $60 million to settle a dispute over the ownership of the tablet computer's name. Apple says it will begin selling its latest iPad starting at $499 and the older iPad 2 starting at $399.

Previous Story

Next Story



View business

You may also like

Avera To Purchase DAKOTACARE

11/19/2015 11:00 AM

With ownership, Avera would become the second-largest health insurer in the state.

Full Story
Board Of Education Member Had Multiple Contracts With State

11/23/2015 6:05 PM

That means in addition to her state salaries at USD and Northern State, Duncan earned an additional $124,000 in contracts from the Department of Educa...

Full Story | Watch
Fired GEAR UP Worker Defends Stacy Phelps

11/24/2015 6:05 PM

When the state pulled its multi-million dollar GEAR UP contract from Mid Central Educational Co-Op in September, all the current GEAR UP workers were ...

Full Story | Watch
Black Friday Shopping Starting on Thanksgiving

11/21/2015 5:43 PM

As more stores announce their Black Friday hours, the times are getting earlier and could even cut into your Thanksgiving meal.

Full Story
Some Black Friday Deals Are Not Deals

11/23/2015 4:51 PM

Recent research found just because something is called a doorbuster doesn't mean it's significantly discounted.

Full Story