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.


37° 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!

 

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




 
Find Local Businesses on KELO Pages!

View business

You may also like

Pierre Woman Wins On In-Flight Game Show

10/17/2014 12:10 PM

A South Dakotan is a winner on the Allegiant Airlines' first in-flight game show called "The Game Plane."  The reality show is film...

Full Story
Minimum Wage In South Dakota

10/13/2014 6:12 PM

An initiated measure on the South Dakota ballot this November proposes to raise the state's minimum wage from $7.25 per hour to $8.50.  Suppo...

Full Story | Watch
Pop-Up Holiday Shop Coming to Downtown Sioux Falls

10/15/2014 11:45 AM

Unglued: Christmas Market, will open in the space formerly occupied by the Book Shop in the Carpenter Building on Phillips Avenue from Nov. 20 through...

Full Story
Ebola Scams Surface

10/17/2014 2:15 PM

It was only a matter of time before scammers started capitalizing on the Ebola scare.  The Better Business Bureau is warning consumers about a va...

Full Story
Lumber Hunt

10/16/2014 10:05 PM

Connor Burtis is holding a treasure hunt with the ultimate prize: A handcrafted piece of furniture.

Full Story | Watch


Events