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.


-2° 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!

 

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




 
Find Local Businesses on KELO Pages!

View business

You may also like

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
South Dakota Malls Will Open On Thanksgiving

11/21/2014 11:41 AM

Shoppers no longer need to stay up all night to get Black Friday deals.  More stores are opening on Thanksgiving, closing overnight and then reop...

Full Story
Vern Eide Pays It Forward For Thanksgiving

11/22/2014 6:34 PM

Closer to home, families are out buying turkeys as we are less than a week away from Thanksgiving.

Full Story
Sioux Falls Scandinavian Store To Close

11/20/2014 3:30 PM

Holsen Hus, a Scandinavian store on Phillips Avenue in Sioux Falls is closing at the end of the year.

Full Story


Events