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.


67° 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!

 

Monday Afternoon Business Brief

November 26, 2012, 1:39 PM

Monday Afternoon Business Brief
  • The blue chip averages have edged lower today, as the Nasdaq has pressed into positive territory. Investors are still trying to gauge how, or whether the "fiscal cliff" will be resolved. And Europe's debt crisis continues to create new challenges.
  • President Barack Obama has chosen Elisse Walter, one of five members of the Securities and Exchange Commission, to become chairman of the agency. Chairman Mary Schapiro will leave next month after a tumultuous tenure in which she helped lead the government's regulatory response to the 2008 financial crisis.
  • Billionaire Warren Buffett is again calling for higher taxes on the "ultrarich" and he's urging Congress to compromise on spending cuts and tax increases. Buffett expressed his views on fiscal policy in an opinion article in The New York Times on the same day Congress returned from the Thanksgiving holiday.
  • U.S. regulators have sued online prediction market Intrade, saying it illegally let customers bet on future economic data, the price of gold and even possible acts of war. Intrade is known for allowing bets on presidential elections, sports and other high-profile events. The prices at which customers are willing to make those bets are cited as informal odds.
  • A former hedge fund portfolio manager accused of enabling a quarter of a billion dollars in profits by passing along inside information in one of the largest insider trading fraud cases in history appeared in a Manhattan court for the first time today. Mathew Martoma was released on $5 million bail, though his movements were restricted.

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
Ford Recalls Nearly 423K Vehicles For Power Steering Problem

5/27/2015 3:06 PM

Ford is recalling nearly 423,000 cars and SUVs in North America because the power-assisted steering can fail while they're being driven.

Full Story
Software Glitch Can Cause iPhones To Crash

5/27/2015 3:23 PM

A newly-discovered glitch in Apple's software can cause iPhones to mysteriously shut down when they receive a certain text message.

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


Events