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.


13° 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

September 14, 2012, 5:43 AM

Friday Morning Business Brief

Jolted in a positive way by the Federal Reserve's latest actions, stocks soared in the most recent Wall Street session. The Dow gained more than 200 points to settle at 13,540, the highest since December 2007. The S&P gained 1.6 percent, while the Nasdaq was up 1.3 percent. Futures trading suggests gains at this morning's opening.

  • International stock markets got a bounce today after investors got just what they wanted - big moves by the Federal Reserve to help the U.S. economy out of its funk. Benchmark crude oil rose beyond $99  per barrel. The dollar fell against the euro but rose against the yen.
  • There are plenty of economic reports on tap today. They cover retail sales, consumer prices, industrial production and business inventories.
  • European finance ministers meeting in Cyprus today are hinting that Greece may have some room to maneuver to meet its bailout commitments. But the Dutch finance minister says there won't be much time to give, and no more money. The ministers are discussing various aspects of the eurozone's debt problems.
  • Energy officials in Maine say a tidal power project is delivering electricity to the U.S. power grid for the first time. Bangor Hydro Electric Co. operates the grid where the tidal power connects. It says Portland-based Ocean Renewable Power Co.'s first underwater turbine is delivering power. Ocean Renewable president Chris Sauer says it's a "historic moment."

Find the latest local business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Other Place Bar And Grill Closed In Sioux Falls

2/24/2015 12:51 PM

According to its Facebook page, The Other Place Bar and Grill has closed. (function(d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.g...

Full Story
Touch Of Europe Permanently Closed

2/25/2015 4:29 PM

The Touch of Europe restaurant will be closed for good.

Full Story
Sioux Falls Approaching 'Magic Number'

2/23/2015 10:10 PM

It's a number that can support bigger businesses, more retail and restaurants.

Full Story | Watch
Pizza Restaurant Coming To Downtown Sioux Falls

2/25/2015 11:40 AM

Montana-based MacKenzie River Pizza is scheduled to open its first South Dakota location on September 1 at 11th Street and Main Avenue.

Full Story
Catholic School Tuition Hike Largest In Years

2/25/2015 3:10 PM

Sioux Falls Catholic Schools are facing a $5 million gap between tuition and what it cost to run the schools.  

Full Story | Watch


Events