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.


54° 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!

 

Tuesday Evening Business Brief

December 4, 2012, 6:40 PM

Tuesday Evening Business Brief
  • Stocks fell slightly in light trading as budget talks continued in Washington. The Dow dropped nearly 14 points to 12,952. The S&P fell 2 points, while the Nasdaq slipped more than 5 points.
  • President Barack Obama says avoiding a plunge over the "fiscal cliff" will require Republicans to realize that tax rates must go up on wealthiest Americans.  Perhaps indicating some leeway, the president said he would consider lowering rates for the top 2 percent of earners next year as part of a broader tax overhaul effort that closes loopholes, limits deductions and finds other sources of revenue.
  • A federal mediator is being called in to help resolve an eight-day strike that has cost the economy billions of dollars while paralyzing the twin ports of Los Angeles and Long Beach. The Los Angeles mayor says striking clerical workers and shippers agreed to mediation after an all-night bargaining session that continued this morning.
  • Netflix's video subscription service has trumped pay-TV channels and grabbed the rights to show Disney movies shortly after they finish their runs in theaters. The multiyear licensing agreement is a breakthrough for Netflix as it tries to add more recent movies to a popular service that streams video over high-speed Internet connections.
  • Crude prices edged lower. Benchmark crude finished down 59 cents to settle at $88.50 a barrel in New York.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Baby Books Rental Car, Family Denied Refund

3/31/2015 11:28 AM

A Minnesota family can’t believe how a well-known company reacted after their baby made a costly computer mistake.

Full Story | Watch
Plans Released For Pump Park in Brookings

3/27/2015 4:51 PM

The same company that designs BMX bike tracks for the Olympics is coming to South Dakota to create Brookings' newest park.

Full Story
RibFest Announces Concert Headliners

3/30/2015 8:40 AM

Montgomery Gentry, Cheap Trick, Uncle Kracker and Warrant are scheduled to perform at the annual event from May 28 to May 31. 

Full Story
How Much Do You Take Home In Pay?

3/30/2015 9:45 AM

How much does making $50,000 a year differ from one state to another, once you figure in taxes and cost of living?

Full Story
80 MPH Interstate Speed Limit Starts This Week

3/30/2015 2:18 PM

One of the most talked-about-bills during this year's South Dakota legislative session is set to take effect on Wednesday.

Full Story


Events