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.


59° 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!

 

Friday Evening Business Brief

November 30, 2012, 5:21 PM

Friday Evening Business Brief

Stocks ended today's session little changed. The Dow had a nearly 4 point gain to 13,026. The S&P was up less than a point, while the Nasdaq was down nearly 2 points.

  • Speaking in a Philadelphia suburb, President Barack Obama said allowing taxes to rise for the middle class would amount to a "lump of coal" for Christmas". At the same time, Republican House Speaker John Boehner declared that negotiations over the fiscal cliff are going "almost nowhere."
  • A Florida man accused of carrying out Wall Street's largest insider-trading scheme is being remembered as a student of ethics in college. Former hedge fund portfolio manager Mathew Martoma is accused of using inside information about a drug trial to engineer a scheme that reaped a quarter-billion dollars in illegal profits.
  • A New York federal appeals panel has found weaknesses with a startup company's arguments it can legally send live TV programming to iPhones and other mobile devices. Judges with a  federal appeals court appeared poised to reverse a lower court judge who in July reluctantly gave a thumbs-up to the company, Aereo.
  • The price of oil rose 1 percent today as traders weighed a new debt deal in Europe and political posturing over looming tax increases and budget cuts. Benchmark crude rose 84 cents to close at $88.91 per barrel in New York.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Takata Air Bag Recall Becomes Biggest Ever In US

5/20/2015 5:19 AM

Takata's decision to add more than 18 million air bags to existing recalls comes following pressure from U.S. safety regulators.

Full Story
South Minnesota Ave. Burger King To Be Torn Down For Strip Mall

5/19/2015 2:06 PM

Demolition of the Burger King building will get underway June 1 and the strip mall will be complete in mid-October.  

Full Story
Buildings Being Torn Down on 41st Street For New Strip Mall

5/19/2015 4:10 PM

A new strip mall is coming to 41st Street across from the Western Mall.  Lloyd Companies is taking out the K & H Car Wash, Mobil gas station ...

Full Story
Moe's Southwest Grill Looks To Open Restaurant In Sioux Falls

5/18/2015 4:18 PM

The Mexican franchise Moe's Southwest Grill has picked a location in Sioux Falls, but has yet to seal the deal.  Moe's Southwest Grill st...

Full Story
Raven Industries Sales And Profits Significantly Down

5/19/2015 9:45 AM

Raven Industries is reporting significant first quarter profit losses.  Raven's net sales were down 31.4 percent to $70.3 million. Raven'...

Full Story


Events