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.


30° 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.
Winter Returns To KELOLAND This Weekend. Click here for details. 

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Monday Evening Business Brief

October 1, 2012, 6:24 PM

Monday Evening Business Brief
  • Stock prices ended mixed, fading from their best levels of the session. The Dow added 78 points to close at 13,515, after being up as many as 161 points. The S&P rose nearly 4 points, while the Nasdaq shed 3 points.
  • Federal Reserve Chairman Ben Bernanke today repeated his opposition to calls in Congress to audit the central bank more aggressively.  He says efforts to fully disclose Fed discussions over interest rates would add political pressure.
  • Newly required disclosures reveal that House Speaker John Boehner bought stock in two health care companies this year. Also revealed as required under the Stock Act, is that Senate Majority Leader Harry Reid bought two government bonds and sold two others.
  • A recall of peanut butter and other nut products has some of the country's largest grocery stores pulling store-brand products off their shelves. New Mexico-based Sunland has expanded its recall of peanut butter and almond butter to include cashew butters, tahini and blanched and roasted peanut products. The company recalled products under multiple brand names last month after salmonella illnesses were linked to one of the brands it manufactures.
  • American Express will be refunding $85 million to a-quarter of a million customers. That and additional fines were ordered after regulators accused the credit card giant of charging improper late fees and deceiving customers to pressure them to pay off old debts or buy extra credit card services.

Find more business stories on the Back To Business page

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Website Ranks The 25 Best Jobs For 2015

1/28/2015 5:12 AM

Physician assistants topped the list, which has an average base salary of $111,376.

Full Story
Refinery Issues Lead To Higher SD Gas Prices

1/27/2015 11:10 AM

For the first time in months, South Dakota's average gas price rose last week.  According to a AAA report, the increase is due to a series of...

Full Story
Proposed Egg Farm Drawing Complaints In Turner County

1/27/2015 7:30 AM

A Sioux Falls-based company hopes to more than double the number of egg-laying hens in South Dakota by opening a large chicken operation near Parker.

Full Story
Five Ways Unmanned Drones Could Affect The American Food Supply

1/25/2015 5:38 PM

Herding cattle. Counting fish. Taking an animal's temperature. Applying pesticides.

Full Story
Omaha Writer To Feature Queen City Bakery

1/28/2015 6:00 PM

Queen City Bakery in Sioux Falls has developed a large fan base locally and now people from all over can experience why. The business is set to be fea...

Full Story | Watch


Events