User uShare 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.

32° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



 Winter Storm for November 30, 2015

Snow Outlook

Severe Weather

State Radar

Click here for local closings & delays

Send photos to

Storm Center Update



[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Friday Morning Business Brief

May 23, 2014, 6:12 AM

Friday Morning Business Brief

It's anybody's guess how the stock market will behave on the last day of trading before the long holiday weekend. Yesterday, stocks carved out a modest increase for the second day in a row. The S&P 500 index edged 4 points higher to close at 1,892. The Dow rose 10 points to end at 16,543. And the Nasdaq added 23 points to finish at 4,154. Futures point to modest gains this morning.

  • International stock markets are mostly higher today but Europe's gains were tempered in early trading as a polarized Ukraine braced for weekend elections. Thailand's stock market sank today, a day after the country's military seized power in a nonviolent coup. Benchmark U.S. crude oil rose but stayed below $104 a barrel. The dollar gained against the euro and the yen.
  • Barclays Bank has been fined by British regulators for management failings that allowed an employee to make inappropriate trades in the gold market. The Financial Conduct Authority imposed a 26 million pound ($43.7 million) fine today. The regulator cited actions taken on June 28, 2012 when an individual trader "exploited the weaknesses in Barclays' system" to influence the gold fixing prices and profit at a customer's expense.
  • Standard & Poor's rating agency has upgraded Spain's sovereign credit grade a notch, the third agency to do so in recent months and a further sign the country is turning the corner after five years of economic turmoil. Meanwhile, Fitch ratings agency has upgraded Greece's sovereign debt rating by one notch, citing the country's improved deficit figures.
  • A federal grand jury has charged a Japanese executive with conspiring to fix prices on auto parts. According to an indictment filed in the U.S. District Court in Detroit, Hitoshi Hirano fixed prices of heater control panels sold to Toyota Motor Corp. between 2003 and 2010. The indictment also alleges that Hirano tried to destroy documents containing criminal evidence. Hirano is one of 34 people charged in the ongoing investigation into price-fixing in the auto parts industry.

Previous Story

Next Story



View business

You may also like

Board Of Education Member Had Multiple Contracts With State

11/23/2015 6:05 PM

That means in addition to her state salaries at USD and Northern State, Duncan earned an additional $124,000 in contracts from the Department of Educa...

Full Story | Watch
Fired GEAR UP Worker Defends Stacy Phelps

11/24/2015 6:05 PM

When the state pulled its multi-million dollar GEAR UP contract from Mid Central Educational Co-Op in September, all the current GEAR UP workers were ...

Full Story | Watch
Bison Ranch Owner By Turner Gets Permit For Feedlot Addition

11/25/2015 1:35 PM

Stanley County commissioners have approved a feedlot at a bison ranch owned by media mogul Ted Turner.

Full Story
Some Black Friday Deals Are Not Deals

11/23/2015 4:51 PM

Recent research found just because something is called a doorbuster doesn't mean it's significantly discounted.

Full Story
City Of Sioux Falls Buying Homes In Area that Floods

11/24/2015 6:05 PM

Homeowners have the option to voluntarily sell their house if they are concerned about flooding or if they have had problems with flooding. By tearing...

Full Story | Watch