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.


52° 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

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




 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls To Get Second Five Guys Location

10/29/2014 11:45 AM

Five Guys Burgers and Fries will open up a second location in Sioux Falls in the former Extreme Automotive building at 49th Street and Louise Avenue.

Full Story
Three Sushi Restaurants Back Open

10/27/2014 11:10 AM

The three sushi restaurants that closed last week in Sioux Falls were back open for business over the weekend.

Full Story
KELO TV/Argus Leader Poll: Medicaid/Teacher Pay

10/26/2014 6:00 AM

There are a number of big issues this election year, but there are also big issues that people won't be voting on next week, like raising teacher ...

Full Story
What To Buy In November

10/28/2014 3:59 PM

A new month is right around the corner, and that means DealNews has released its list of the best things to buy in November. 

Full Story
Airport Hotel Takes Shape

10/27/2014 11:38 AM

The $5 million hotel called the AeroStay at the Sioux Falls airport is taking shape.  Exterior walls are going up for the 76 rooms and the buildi...

Full Story


Events