User uShare 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.

28° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



 Winter Storm for December 1, 2015

Snow Outlook

Severe Weather

State Radar

Click here for local closings & delays

Send photos to

Storm Center Update



[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Tuesday Evening Business Brief

November 20, 2012, 5:11 PM

Tuesday Evening Business Brief
  • Stocks ended today's trading on Wall Street little changed. The Dow dropped 7 points to 12,789. The S&P and the Nasdaq composite both rose less than a point.
  • Federal Reserve Chairman Ben Bernanke is urging Congress and the Obama administration to avoid sending the economy over the "fiscal cliff". Speaking in New York, Bernanke said uncertainty is likely restraining spending and investment.
  • Hewlett-Packard says it was the victim of a multi-billion dollar fraud at the hands of a British company it bought last year that lied about its finances. HP CEO Meg Whitman says executives at Autonomy Corporation "willfully" boosted the company's figures through various accounting tricks. HP paid $9.7 billion for the company in October 2011.
  • Moody's Investors Service is cutting its long-term ratings for J.C. Penney one step lower into non-investment of junk grade status. Moody's says the downgrades reflect its expectation that J.C. Penney's fourth-quarter profitability will take a big hit as a result of the need to clear excess inventory.
  • South Carolina Gov. Nikki Haley says a report on a massive security breach in the state's tax collection agency shows officials could have done more to protect personal information for nearly 4 million taxpayers. She has accepted the resignation of Department of Revenue Director effective at the end of the year. Haley says the hacker got access to 3.3 million bank account numbers.

Find business stories on the Back To Business page.

Previous Story

Next Story



View business

You may also like

Great Western Bank Buys Home Federal For $140M

11/30/2015 3:37 PM

The combined companies are projected to have $11.3 billion in assets, $8.5 billion in loans and $8.6 billion in deposits.

Full Story
Fired GEAR UP Worker Defends Stacy Phelps

11/24/2015 6:05 PM

When the state pulled its multi-million dollar GEAR UP contract from Mid Central Educational Co-Op in September, all the current GEAR UP workers were ...

Full Story | Watch
Bison Ranch Owner By Turner Gets Permit For Feedlot Addition

11/25/2015 1:35 PM

Stanley County commissioners have approved a feedlot at a bison ranch owned by media mogul Ted Turner.

Full Story
Cyber Monday Sales Bring Down Target Website

11/30/2015 10:03 AM

Target’s website went down during Cyber Monday shopping Monday morning.

Full Story
City Of Sioux Falls Buying Homes In Area that Floods

11/24/2015 6:05 PM

Homeowners have the option to voluntarily sell their house if they are concerned about flooding or if they have had problems with flooding. By tearing...

Full Story | Watch