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.


32° 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 Evening Business Brief

May 14, 2012, 5:38 PM

Monday Evening Business Brief

U.S. stocks finished lower on continued worries about Greece. The Dow dropped 125 points, or 1 percent, to close at 12,695. The S&P 500 fell 15 points to 1,338, while the Nasdaq lost 31 points to 2,903.

  • JPMorgan Chase CEO Jamie Dimon faces shareholders at their annual meeting in Tampa tomorrow.  JPMorgan Chase stock lost another 3 percent of its value today, after falling nearly 10 percent Friday on news of a $2 billion trading loss.
  • President Barack Obama today tried to paint Mitt Romney as a corporate titan who got rich by cutting middle-class jobs.  The new push includes a website, TV ad and online video that includes interviews with out-of-luck workers who lost their jobs after Romney's former private equity firm failed to successfully restructure their Kansas City, Mo., steel mill. That resulted in a loss of jobs, health care benefits and pensions.
  • LightSquared, which hoped to create an independent wireless broadband network in the U.S., has filed for bankruptcy protection. Regulators blocked its plan this winter because of concerns that the transmissions would interfere with GPS navigation.
  • Groupon shares are soaring in after-hours trading. The online deals company reported a smaller than expected loss and sharply higher revenue in the latest quarter.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story
Denny Sanford's Multi-Million Solution To Worker Shortage

12/16/2014 10:04 PM

Sanford's money provides half of the funds for a $50 million scholarship program at the state's technical schools to train workers to fill job...

Full Story | Watch


Events