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.


20° 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.

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

Large Security Threat On Internet

4/10/2014 6:00 PM

It's already being called one of the biggest security threats the Internet has ever seen.

Full Story | Watch
Titan Machinery To Close Eight Stores Across U.S.

4/11/2014 6:22 AM

The company based in West Fargo, N.D., on Thursday cited a slow recovery in construction sector among the reasons for the move, which will leave 128 p...

Full Story
Heartbleed Bug Causes Major Security Headache

4/10/2014 9:33 AM

A confounding computer bug called "Heartbleed" is causing major security headaches across the Internet.

Full Story
Family Dollar To Cut Jobs, Close About 370 Stores

4/11/2014 5:44 AM

Family Dollar says it will be cutting jobs and closing about 370 underperforming stores as it looks for ways to improve its financial performance. It ...

Full Story
Key Unlocks Gas Pumps For ID Thieves

4/14/2014 10:10 PM

Drivers who've fueled up in Rapid City are being warned that their debit and credit card numbers may have been stolen after "numerous" s...

Full Story | Watch


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED