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.


80° 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.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Friday Afternoon Business Brief

October 26, 2012, 1:17 PM

Friday Afternoon Business Brief
  • Wall Street remains on track for a weekly loss. The key averages have slipped today as investors have reacted negatively to some weak corporate earnings reports.
  • The Commerce Department says economic growth accelerated in the third quarter, expanding at an annual rate of 2 percent. Even with the improvement from a 1.3 percent rate of GDP in the second quarter, the economy has not seen a large rise in job creation.
  • Investors have sent Apple stock below $600 for the first time in three months. The technology giant reported earnings for its latest quarter that missed expectations and warns that profits in the holiday quarter will fall short of last year's level. Apple stock is now down more than $100 from its peak of $705.
  • An Italian court has convicted former Premier Silvio Berlusconi of tax fraud and sentenced the media mogul to four years in prison. It is his first prison sentence in years of criminal probes. The 76-year-old billionaire businessman is expected to remain free at least until the appeals process is exhausted.
  • Federal safety regulators have opened an investigation into complaints that the throttles can stick on some older-model Ford Taurus and Mercury Sable sedans. The National Highway Traffic Safety Administration said on its website that 50 drivers have complained about the problem in cars from the 2000 through 2003 model years. No crashes have been reported and no one has been reported hurt.

Read more business stories on the Back To Business page.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Hy-Vee Announces Updates To Sioux Falls Stores

5/27/2015 10:24 AM

There are big plans for the seven Hy-Vee grocery stores in Sioux Falls.

Full Story
Flights Cut/Airfares Rise Out of Sioux Falls

5/26/2015 10:10 PM

Just last summer, KELOLAND News reported that more people were flying Frontier. The discount airline had daily flights to Denver that were more than 9...

Full Story | Watch
Women's Clothier Torrid Coming To Empire Mall

5/26/2015 1:35 PM

Construction is scheduled to begin in July, and the store plans to open in early fall. 

Full Story
Sioux Falls Named Third Most Livable City For People Over 50

5/21/2015 2:30 PM

AARP cites Sioux Falls' 25-mile walking and biking trail that loops the entire city, offering views of the historic core, as one of the reaso...

Full Story
New Retail Planned For 85th And Louise Avenue

5/22/2015 1:15 PM

Kevin Nyberg is planning a 22,000- to 25,000-square-foot Ace store at the intersection, but the project could be a few years off due to the recent exp...

Full Story


Events