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.


26° 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 Afternoon Business Brief

July 6, 2012, 1:25 PM

Friday Afternoon Business Brief

Amid new evidence of waning momentum for the U.S. economy, stocks are in retreat. The Dow has lost more than 150 points, or 1.3 percent.

  • It is new fodder for the political debate. The Labor Department says the nation's employers added only 80,000 jobs in June. The weak pace of hiring left the unemployment rate unchanged at 8.2 percent.
  • Greece's Prime Minister says his new three-party coalition government is ready to carry out a broad series of structural reforms. Greece has been lagging in reforms demanded by its international creditors in return for billions of euros (dollars) in rescue loans.
  • A person familiar with a patent dispute between Facebook and Yahoo says the two companies have reached a deal that settles lawsuits against each other. According to the source, no money changed hands in the deal. Yahoo sued Facebook in March, saying the online social networking company infringed on its patents covering advertising, privacy controls and social networks.
  • Europe's financial problems are pushing the euro down to a two-year low against the dollar. The U.S. dollar and the Japanese yen are the two big winners as investors search for safety. Borrowing costs for Spain and Italy rose sharply, reflecting investors' unease about the finances of those countries.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Wells Fargo Lays Off Handful Of Workers In Sioux Falls

2/3/2016 2:27 PM

Spokesperson Staci Schiller said nine employees were given a 60-day notice in its home lending department.

Full Story
Out-Of-Court Settlement Reached In Lawsuit Over Wildfire

2/1/2016 7:34 AM

Court documents indicate a federal judge has signed off on a confidential settlement between Black Hills Power and the 87 plaintiffs.

Full Story
IRS Phone Scam Costing KELOLAND Thousands

2/4/2016 3:05 PM

Those aggressive IRS scam calls plaguing KELOLAND have cost South Dakotans tens of thousands of dollars so far.

Full Story
Toppers Pizza To Open On East 10th Street

2/1/2016 4:13 PM

Toppers Pizza is adding a second Sioux Falls location.

Full Story
Bridgestone-Firestone Recalls Over 36,000 Truck Tires

2/6/2016 1:20 PM

Bridgestone-Firestone North America is recalling more than 36,000 heavy truck tires in the U.S. and Canada because the tread can separate from the bod...

Full Story


Events