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.


82° 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 13, 2014, 5:44 AM

Friday Morning Business Brief
NEW YORK -

The S&P 500 is heading for its first weekly loss in four weeks. The index dropped yesterday for the third down day in a row. The S&P closed down nearly 14 points. The Dow fell 109 points and the Nasdaq shed 34. A combination of so-so economic news and violence in Iraq helped push the stock market sharply lower on Thursday. Futures point to a slightly higher opening today.

  • Most international stock markets fell today after poor U.S. retail sales data but benchmarks in China gained after an economic report bolstered optimism about the world's No. 2 economy. Benchmark U.S. crude oil rose above $107 a barrel. The dollar gained against the yen and fell against the euro.
     
  • Investors are hoping for some good economic news that will reverse the stock market's slide But there's only one government report due out today. The Labor Department will issue the Producer Price Index for May this morning. In April, the prices that companies receive for their goods and services rose by the most in 19 months, a sign that inflation is picking up.
     
  • Electric car maker Tesla Motors is handing over the keys to its technology in an unusual effort to encourage other automakers to expand beyond gasoline-burning vehicles. Tesla CEO Elon Musk is promising to give away the company's entire patent portfolio to all comers, as long as they promise not to engage courtroom battles over intellectual property. The decision opens the door to more collaboration with Tesla, which is already making electric systems for Daimler and Toyota.
     
  • New tablet computers from Samsung will feature screens that are richer in color than standard LCDs. These screens, known as AMOLED for active-matrix organic light-emitting diodes, are already found in smartphones made by Samsung and a few other manufacturers. But until now, tablets haven't used them because larger AMOLED screens are more difficult to produce. Samsung Electronics Co. is trying to change that with its upcoming line of Android tablets, called the Galaxy Tab S.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Allegiant Air Pilot Pleads With Tower To Make Emergency Landing

7/29/2015 1:58 PM

An Allegiant Airlines pilot declared a fuel emergency and had to land at a North Dakota airport even though the airport was closed for the Blue Angels...

Full Story
Lick The Spoon Closes East Side Location

7/29/2015 9:53 AM

Just a year after opening on East 10th Street and Bahnson Avenue in Sioux Falls, Lick The Spoon restaurant has closed its doors.  Angela Becker o...

Full Story
Filly Flair Set To Open Sioux Falls Store On Saturday

7/30/2015 5:18 PM

A successful online retailer is opening her first brick and mortar shop in Sioux Falls.

Full Story
Famous Wine Maker Planning Sioux Falls Development

7/29/2015 1:00 PM

Barber tells KELOLAND News while the plans still have yet to be finalized, they call for a couple of apartment buildings with eight to 12 units, as we...

Full Story
Fiat Chrysler To Pay Record Recall Fine

7/27/2015 9:32 AM

The settlement also forces the car maker to repurchase more than half a million Ram pickup trucks built between 2008 and 2012 because defective steeri...

Full Story


Events