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.


64° 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 Morning Business Brief

June 15, 2012, 5:38 AM

Friday Morning Business Brief

Stocks rose in Thursday trading on hopes that central banks can manage in the face of possible financial turbulence arising from this weekend's election in Greece. The Dow added 156 points, or 1.2 percent, to 12,562. The S&P added 14 points, while the Nasdaq surged 18 points.

  • There's one economic report on tap today for Wall Street. That's May industrial production from the Federal Reserve.
  • World stock markets have been higher today amid expectations that central banks will act to prevent the outcome of Greece's election this weekend from destabilizing the global economy. Meanwhile, Spain's borrowing rate has dropped slightly, though it remains dangerously close to the 7 percent level that forced Greece, Ireland and Portugal to ask for bailouts of their public finances.
  • The Obama administration is proposing new air quality standards to lower the amount of soot that can be released into the air. The Environmental Protection Agency is expected to be announced the rules today. The administration had sought to delay the new standards until after the November elections, but a federal judge ordered officials to act after 11 states filed a lawsuit seeking a decision from the EPA this year.
  • Internal Federal Aviation Administration documents indicate employees felt political pressure to approve a wind farm planned off Cape Cod. The papers were obtained by opponents of the Cape Wind project. They indicate there was internal disagreement over the best way to stop the turbines from interfering with radar and compromising airplane safety. The FAA says employee opinions expressed in internal documents don't necessarily represent agency policy.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Bear Shatters Glass Wall At Minnesota Zoo

7/6/2015 2:50 PM

A grizzly bear at the Minnesota Zoo repeatedly slammed a 50-pound rock into the glass wall of its enclosure, cracking the thick pane separating the be...

Full Story
Presidential Proposal Would Expand Overtime Pay

6/30/2015 7:08 AM

Obama is unveiling a proposal to require overtime pay for workers who earn up to $970 per week, up from the current $455 threshold.

Full Story
New Laws Bring Changes To Commercial Driver's Licenses

7/1/2015 6:52 AM

The new regulations raise the minimum age to apply for a commercial driver's license from 16 to 18.

Full Story
Don't Twist That Oreo: Cookie Gets Skinny, 'Sophisticated'

7/6/2015 10:06 AM

Oreos are getting a skinny new look, and its maker says the new cookie is a "sophisticated" snack for grown-ups that isn't meant to be t...

Full Story
Starbucks: Prices For Some Drinks To Go Up By 5 To 20 Cents

7/6/2015 2:06 PM

Starbucks says it's hiking prices again starting Tuesday, with the increases ranging from 5 to 20 cents for most affected drinks.

Full Story


Events