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.

24° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



 Winter Storm for December 1, 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

July 25, 2014, 5:56 AM

Friday Morning Business Brief

It's been a mixed week for stocks, and the major indexes ended just about where they began on Thursday. The S&P 500 closed at a new record high, but it gained less than a point, finishing just below 1,988. The Dow edged down less than three points, while the Nasdaq composite dropped a point and a half. That despite more than 3 billion shares being traded on the New York Stock Exchange. Futures point to a cautious opening.

  • International stock markets are mixed today with European exchanges down in early trading while Asian markets gained on falling U.S. unemployment claims.  Benchmark U.S. crude oil fell to just above $102 a barrel. The dollar gained against the yen and inched up against the euro.
  • Japan's inflation rate eased slightly in June as a sales tax high stunted demand. The government reports the core consumer price index, which does not include prices for fresh foods, rose 3.3 percent in June, down from the 3.4 percent in May. Meanwhile, in Germany, business confidence is down for a third month in a row amid ongoing concerns about the economic impact of the crises in Ukraine and Iraq. The Ifo Institute survey fell to 108 points in July from 109.7 points in June. Economists had expected a slight rise.
  • There's just one government report on today's schedule of economic and corporate earnings reports. The Commerce Department releases durable goods for June this morning. Orders for durable goods fell 1 percent in May, but that was mostly the result of a sharp drop in demand for military equipment. Excluding defense-related goods, orders actually rose.
  • A leading advisory firm is telling Sprint shareholders to protest CEO Dan Hesse's $49 million 2013 pay. Institutional Shareholder Services the package is excessive and not tied to performance.  Hesse got a special $18.7 million "retention" award in connection with Softbank Corp. of Japan buying 70 percent of Sprint last year.  The ISS report says that helped put his pay package above three times the median pay for a CEO of a comparable company.

Previous Story

Next Story



View business

You may also like

Great Western Bank Buys Home Federal For $140M

11/30/2015 3:37 PM

The combined companies are projected to have $11.3 billion in assets, $8.5 billion in loans and $8.6 billion in deposits.

Full Story
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
Cyber Monday Sales Bring Down Target Website

11/30/2015 10:03 AM

Target’s website went down during Cyber Monday shopping Monday morning.

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