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.


72° 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!

 

Thursday Afternoon Business Brief

November 29, 2012, 1:22 PM

Thursday Afternoon Business Brief

Early strength gave way to more caution on Wall Street. That's amid signs things are not going so well in discussions aimed at avoiding the "fiscal cliff."

  • House Speaker John Boehner says "substantive" progress has not been made in discussions with the White House. He met with Treasury Secretary Tim Geithner and accuses Democrats of failing to outline specific cuts to avert the "fiscal cliff" that threatens to send the economy into recession.
  • Black Friday was no match for Sandy. Major retailers such as Kohl's, Target and Macy's have reported weak sales in November. A strong start to the holiday shopping season - including a good showing on the day after Thanksgiving - wasn't enough to fully offset the damage caused by Superstorm Sandy earlier in the month.
  • A future for Twinkies seems virtually assured. Hostess Brands says it is in talks with 110 potential buyers for its iconic brands, which also include CupCakes, Ding Dongs and Ho Hos.
  • Online deals company LivingSocial is cutting 400 jobs worldwide. That's about 9 percent of its work force. The online deals market is going through a shake-out.

You can find more business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story
Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Deciding When To Collect Social Security

7/22/2014 10:10 PM

78 million Baby Boomers are retiring or preparing to retire.  The question they all face is when to draw their Social Security benefits. 

Full Story | Watch


Events