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.

50° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



Share your Photos, Videos, and Stories on uShare! Click here to get started.


[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

Mitchell Superintendent Defends 'Second Job'

10/5/2015 10:02 PM

Our KELOLAND News investigation revealed some of the problems surrounding the multimillion dollar GEAR UP grant that caused the state to end its partn...

Full Story | Watch
Missing Documents On Secretary Of State Website

10/6/2015 6:05 PM

Half a million documents that are supposed to be on the South Dakota's Secretary of State website are not online.  The current Secretary Shan...

Full Story | Watch
Pepsi Perfect To Be Released October 21

10/5/2015 3:08 PM

On October 21, the same day Marty McFly traveled through time, the soda company is releasing Pepsi Perfect.

Full Story
Cupcake Baker Whips Up A Book

10/5/2015 3:35 PM

The woman who opened South Dakota's first gourmet cupcake shop has published a book.  Melissa Johnson has written, "Fingers in the Frost...

Full Story
State Waiting On Word From Feds About GEAR UP Program Future

10/6/2015 3:15 PM

Education Secretary Melody Schopp says the state is waiting for word from the U.S. Department of Education about the future of a Native American colle...

Full Story