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.


64° 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!

 

Thursday Afternoon Business Brief

January 10, 2013, 1:46 PM

Thursday Afternoon Business Brief
  • Stocks are modestly higher on Wall Street amid mixed news on the economy. Among today's reports, the Labor Department said weekly applications for unemployment benefits rose last week by 4,000 to 371,000, the most in five weeks. The previous week's total was revised lower.
  • President Barack Obama has nominated White House chief of staff Jack Lew to replace Timothy Geithner as treasury secretary. Lew, who was budget director during the Clinton administration, is known as a tough bargainer. If confirmed, he will face three looming fiscal deadlines: raising the borrowing limit, averting automatic spending cuts to defense and domestic programs, and the expiration of a congressional resolution that has been keeping the government operating.
  • The Food and Drug Administration is requiring makers of Ambien and similar sleeping pills to lower the dosage of their drugs, based on studies suggesting patients face a higher risk of injury due to morning drowsiness. The agency says new research shows that the drugs remain in the bloodstream at levels high enough to interfere with morning driving, which increases the risk of car accidents.
  • The largest franchisee of Burger King restaurants is paying $2.5 million to settle federal claims of sexual harassment. The Equal Employment Opportunity Commission says the agreement with Carrols Corp. covers 89 female employees around the country. The settlement ends a 14-year lawsuit that was one of the most extensive in the commission's history. Carrols owns and operates more than 570 Burger King restaurants in 13 states.
  • The 15 biggest U.S. airlines were on time a bit more often in November. The Transportation Department says 85.7 percent of flights operated by the biggest airlines arrived on time in November. That's up from 85.3 percent in November 2011 and 80.2 percent last October, when Superstorm Sandy fouled up flights. Hawaiian Airlines had the best on-time record and American Airlines had the worst performance, with one in every five flights running late.

Read more business stories on the Back To Business page.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Millions Of Android Phones At Risk For Heartbleed

4/15/2014 4:10 PM

If you've got an Android phone, your device could be susceptible to the Heartbleed security problem.

Full Story
Shrimp Prices Soar

4/16/2014 11:00 AM

The next time you order shrimp scampi of the menu, you may be in for sticker shock. 

Full Story
Headliners For JazzFest Announced

4/17/2014 10:54 AM

Plans are in place for JazzFest 2014 in Sioux Falls.

Full Story
Key Unlocks Gas Pumps For ID Thieves

4/14/2014 10:10 PM

Drivers who've fueled up in Rapid City are being warned that their debit and credit card numbers may have been stolen after "numerous" s...

Full Story | Watch
Harrisburg Sports Complex Nearly Complete

4/16/2014 7:15 AM

Perfect Practice Sports Academy is much bigger on the inside than what it looks like from the front doors. Soon, athletes of all a...

Full Story | Watch


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED