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.


51° 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

July 2, 2012, 7:10 PM

Monday Evening Business Brief

U.S. stocks finished mixed, despite a discouraging report on U.S. manufacturing. The Dow ended the session down nine points to 12,871. The S&P was ahead 3 points to 1,366, while the Nasdaq gained 16 points to 2,951.

  • A closely followed report from a purchasing managers' trade group indicates that manufacturing contracted in June for the first time in nearly three years.  The Institute for Supply Management index dipped to below 50, below the level indicating growth.
  • The Justice Department says GlaxoSmithKline will pay $3 billion and plead guilty to promoting two popular drugs for unapproved uses and to failing to disclose important safety information on a third. It calls it the largest health care fraud settlement in U.S. History.
  • Privacy concerns are growing as the use of drone aircraft also rises. A trade group for drone aircraft manufacturers and operators is releasing the industry's first "code of conduct," as they find more uses in civilian aviation.
  • Former NBC president Julian Goodman, who helped establish Chet Huntley and David Brinkley as a well-known news team and led the network from 1966 to 1974, has died. He was 90.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story


Events