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.


40° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Winter weather returns early this week.  Storm Center Update

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Friday Morning Business Brief

December 21, 2012, 5:24 AM

Friday Morning Business Brief

Coming into today's trading session, stocks are higher for the week. In Thursday trading, the Dow rose 60 points to 13,312. The S&P gained 8 points, while the Nasdaq surged 6.

  • World markets are wary of watching Washington. Markets are lower after rank-and-file Republican lawmakers failed to support an alternative tax plan by House Speaker John Boehner. European stocks were lower in early trading. It's the same in Asian markets. U.S. stock futures tumbled. Oil prices fell below $90 per barrel.
  • No major disruptions have been reported with online Christmas deliveries because of the big snow storm that walloped the Midwest. Wal-Mart, the No. 2 online retailer behind Amazon.com, said no orders have been delayed. GSI Commerce, which handles online shipping for 70 retailers, says deliveries are being made on time. MasterCard Advisors' SpendingPulse says shoppers are expected to spend $34 million Friday and Saturday.
  • Nokia says it has entered into a new license agreement with Canadian smartphone rival Research In Motion which will end all existing patent litigation between the two struggling companies. Nokia says the agreement includes a "one-time payment and on-going payments, all from RIM to Nokia," adding that the terms were confidential. Last month, the Finnish company sued the Blackberry maker for breach of contract in Britain, the United States and Canada over cellular patents they agreed on in 2003.
  • On today's economic calendar, figures on personal income and spending are due. Also on tap, November durable goods.

You can find more 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

National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story
Denny Sanford's Multi-Million Solution To Worker Shortage

12/16/2014 10:04 PM

Sanford's money provides half of the funds for a $50 million scholarship program at the state's technical schools to train workers to fill job...

Full Story | Watch


Events