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.


74° 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

August 31, 2012, 1:40 PM

Friday Afternoon Business Brief

Stocks are on the rise ahead of Labor Day weekend. The Dow has gained more than 100 points.

  • Chairman Ben Bernanke says the Federal Reserve can do more to help the economy. In a speech to a Fed conference in Jackson Hole, he cited continued high unemployment and an economic recovery that remains "far from satisfactory."
  • Hurdles remain, but American Airlines and US Airways are one step closer to a possible merger. The companies say they have signed legal documents which allow them to exchange information confidentially.
  • Because of surging demand for cars and jet aircraft, factory orders rose 2.8 percent in July.  At the same time, the Commerce Department says a category tracking business investment plans fell for the fourth time in five months.
  • The drought baking much of the nation's farmland, fields and forests this summer is causing unforeseen problems for thousands of Americans. Homeowners have to pay tens of thousands of dollars to repair cracked foundations, basements, walls, ceilings and windows because of shifting caused by drying of soil. Even worse, insurance rarely covers the damage.

You can find your local business news on the Back To Business page of KELOLAND.com.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Takata Air Bag Recall Becomes Biggest Ever In US

5/20/2015 5:19 AM

Takata's decision to add more than 18 million air bags to existing recalls comes following pressure from U.S. safety regulators.

Full Story
South Minnesota Ave. Burger King To Be Torn Down For Strip Mall

5/19/2015 2:06 PM

Demolition of the Burger King building will get underway June 1 and the strip mall will be complete in mid-October.  

Full Story
Moe's Southwest Grill Looks To Open Restaurant In Sioux Falls

5/18/2015 4:18 PM

The Mexican franchise Moe's Southwest Grill has picked a location in Sioux Falls, but has yet to seal the deal.  Moe's Southwest Grill st...

Full Story
Buildings Being Torn Down on 41st Street For New Strip Mall

5/19/2015 4:10 PM

A new strip mall is coming to 41st Street across from the Western Mall.  Lloyd Companies is taking out the K & H Car Wash, Mobil gas station ...

Full Story
Raven Industries Sales And Profits Significantly Down

5/19/2015 9:45 AM

Raven Industries is reporting significant first quarter profit losses.  Raven's net sales were down 31.4 percent to $70.3 million. Raven'...

Full Story


Events