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.


31° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Freezing rain switching to snow Sunday evening through Monday.

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Wednesday Afternoon Business Brief

November 7, 2012, 1:17 PM

Wednesday Afternoon Business Brief

Stocks have taken a pounding today as investors shifted their attentions to the challenges facing not only the U.S. economy, but also Europe. At midday, the Dow was down more than 250 points.

  • Fitch Ratings is warning about the risks facing the U.S. if Congress and the newly re-elected president fail to avoid a series of tax hikes and spending cuts otherwise set to take effect at the beginning of the year. At issue is its perfect AAA credit rating. Fitch says the president gets no "fiscal honeymoon".
  • A former darling of the stock market has now dropped more than 20 percent from its peak. Shares of Apple had topped above $705 in September.  Today, it was trading around $560 a share.
  • Travelers can expect airports to be busier and planes to be full this Thanksgiving. The main trade group for U.S. carriers says nearly 24 million travelers will fly from Friday, Nov. 16, through Tuesday, Nov. 27. It looks for planes to be close to 90 percent full.
  • It is a kind of superhero digital transition. DC Comics is expanding its digital storefront, putting all its monthly titles - from Batman to Superman - on sale at iTunes, Amazon's Kindle store and Barnes & Noble's Nook shop. They'll be available on the same day they appear in comic shops.

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