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.


58° 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!

 

Friday Afternoon Business Brief

June 27, 2014, 1:14 PM

Friday Afternoon Business Brief

NEW YORK (AP) - The stock market appears on track for a weekly loss, with the Dow and the S&P 500 pulling back from the record levels they set last week. Both are edging lower in morning trading, while the Nasdaq has been flat.

  • DuPont is dragging down the blue chips this morning. Last night, DuPoint cut its profit forecast, citing weaker sales of corn seeds in the second quarter and a larger than expected write down of its seed inventory. The company says herbicide sales and lower prices for refrigerants are also hurting business. DuPont shares were off 4 percent in morning trading, the biggest drop among the Dow 30.
     
  • Ukraine's new president has signed a trade and economic pact with the European Union. President Petro Poroshenko calls it "maybe the most important day" for Ukraine since its independence from the Soviet Union in 1991. It's the same agreement that Poroshenko's predecessor backed out of last November, setting off the bloody protests that toppled the government. Russia is warning that there will be "serious consequences" to Kiev for signing.
     
  • Russia's state-controlled gas company says it could limit supplies to European customers that intend to re-sell the natural gas on to Ukraine. Gazprom's CEO says the company is closely monitoring the situation and may curb shipments to European nations that would pump the Russian gas to Ukraine in the so-called reverse supplies. Gazprom cut gas shipments to Ukraine this month amid a debt and pricing dispute. Supplies to Europe via Ukraine and other pipelines haven't been affected, however.
     
  • Another Atlantic City casino is going under. Caesars Entertainment tells The Associated Press its Showboat Casino Hotel will shut down on Aug. 31, and with it the company's House Of Blues concert venue. The Mardi Gras-themed Showboat is the second Atlantic City casino to close this year, leaving the nation's third-largest gambling market with 10 operating gaming halls.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Capital One Closing In Sioux Falls

7/23/2015 12:12 PM

Employees were told Thursday that the credit card company will close its Sioux Falls office by the end of the year.

Full Story
Allegiant Air Pilot Pleads With Tower To Make Emergency Landing

7/29/2015 1:58 PM

An Allegiant Airlines pilot declared a fuel emergency and had to land at a North Dakota airport even though the airport was closed for the Blue Angels...

Full Story
Lick The Spoon Closes East Side Location

7/29/2015 9:53 AM

Just a year after opening on East 10th Street and Bahnson Avenue in Sioux Falls, Lick The Spoon restaurant has closed its doors.  Angela Becker o...

Full Story
Fiat Chrysler To Pay Record Recall Fine

7/27/2015 9:32 AM

The settlement also forces the car maker to repurchase more than half a million Ram pickup trucks built between 2008 and 2012 because defective steeri...

Full Story
Picker's Flea Market Closing, Celebrate Church Expanding

7/24/2015 2:15 PM

Thorson ran several shops in Yankton before opening a store in Sioux Falls. The store will close August 16.

Full Story


Events