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.


62° 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!

 

Most Popular Today


Monday Afternoon Business Brief

January 14, 2013, 1:20 PM

Monday Afternoon Business Brief

Stocks are mixed on Wall Street, with the Dow in positive territory and the S&P 500 and Nasdaq lower. Apple stock has tumbled on concern that demand for the iPhone 5 is waning. The Wall Street Journal reported that the company has cut its orders for iPhone 5 components due to weak demand. Traders are also waiting to hear what Federal Reserve Chairman Ben Bernanke has to say when he speaks in Michigan as the markets close.

  • President Barack Obama is insisting he won't negotiate with Republicans over increasing the government's borrowing authority. Republicans are demanding spending cuts in exchange for raising the debt ceiling. Obama says those negotiations should take place separately, but House Speaker John Boehner says that "allowing our spending problem to go unresolved" would be just as troublesome as failing to raise the  borrowing cap.
  • Chrysler says it's in talks to build some of its Jeeps in China for that market. Chrysler President and CEO Mike Manley says Jeep already sells several models in China and any production there would be "relatively incremental." He says U.S. will always be the home of the Jeep.
  • A transportation agency has filed a lawsuit alleging that United Airlines is avoiding tens of millions of dollars in taxes by falsely claiming it buys jet fuel in rural Illinois rather than Chicago. The Regional Transportation Authority says United Aviation Fuels Corp., a subsidy of United Airlines, is paying a fraction of what it really owes in taxes by operating a "sham" office in the town of Sycamore. The airline says its actions are perfectly legal.
  • PayPal is expanding its payment service to more brick-and-mortar retailers, including RadioShack and Dollar General stores. EBay Inc.'s payments subsidiary says that as of the end of 2012 it had agreements with 23 retailers to accept PayPal in their stores. PayPal is already accepted at Barnes & Noble, Foot Locker and the Home Depot, among other retailers.

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

Former Sioux Falls Executive Investigated For Animal Abuse

8/28/2014 4:15 PM

A former Hot Stuff/Orion Foods President is being investigated for dog abuse in Canada.

Full Story
Westward Ho Country Club Changes Name

8/28/2014 12:56 PM

The Westward Ho Country club in Sioux Falls is changing its name to The Country Club of Sioux Falls.  Members were notified of the change on Thur...

Full Story
Cattle Spooked By LifeLight Noise

8/30/2014 3:58 PM

Farmers say the annual music event is louder this year, and it's causing some problems with their cattle.

Full Story
Sanford And First PREMIER Bank Hosting Concert For Employees

8/29/2014 11:30 AM

Employees from two Sioux Falls employers have an opportunity to see a private concert with two country headliners at the Denny Sanford PREMIER Center.

Full Story
Car vs Bus Crash Injures Two Teens

8/26/2014 6:00 PM

Two Iowa teenagers are hospitalized after colliding with a school bus early Tuesday morning.  It happened just east of Inwood on 240th Street at ...

Full Story | Watch


Events