Friday Evening Business Brief
September 21, 2012, 5:35 PM
- Capping a week that saw stocks little changed, Wall Street left the key averages mixed at today's closing bell. The Dow fell 17 points to 13,580. The S&P 500 was nearly flat, while the Nasdaq composite gained 4 points.
- People converged on stores around the globe to get the new iPhone 5 on the first day of its release. By the end of the month, analysts say Apple will likely have shipped as many as 10 million of the devices.
- The price of gold notched a new high for the year today amid speculation that Spain might be working on an effort to secure financial help. December gold rose $7.80 to finish at $1,778 an ounce. Earlier in the day, it traded as high as $1,790 an ounce, beating the previous high for the year set in February.
- Oil prices fell more than 6 percent this week, but settled higher on the trading session. Benchmark crude rose 47 cents to $92.89.
- Wal-Mart is looking to expand halfway around the world. It plans to open stores in India in the next year or so. It would be the first global player to react to the government's decision to open the country's huge retail market to outsiders. It isn't saying how many stores just yet.
© 2012 Associated Press. All rights reserved. Material may not be redistributed.
3/31/2015 11:28 AM
A Minnesota family can’t believe how a well-known company reacted after their baby made a costly computer mistake.
3/27/2015 4:51 PM
The same company that designs BMX bike tracks for the Olympics is coming to South Dakota to create Brookings' newest park.
3/30/2015 8:40 AM
Montgomery Gentry, Cheap Trick, Uncle Kracker and Warrant are scheduled to perform at the annual event from May 28 to May 31.
3/30/2015 9:45 AM
How much does making $50,000 a year differ from one state to another, once you figure in taxes and cost of living?
3/25/2015 6:06 PM
The speed limit is only going up on stretches of road where the limit was 75 miles per hour, now going up to 80 mph.