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.


59° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Monday Evening Business Brief

December 12, 2011, 5:36 PM

Monday Evening Business Brief
U.S. stocks closed sharply lower after two rating agencies criticized the pact aimed at easing Europe's debt crisis. The Dow fell 163 points, or 1.3 percent. The S&P lost 19 points, while the Nasdaq shed 35 points.
  • Doubts have resurfaced over Europe's ability to solve its debt crisis and rescue the imperiled euro. British Prime Minister David Cameron was the only leader among the European Union's 27 members to refuse last week to join a plan under which nations submit their budgets for central EU review and limit the deficits they can run.
  • European regulators have asked Google to provide more information about its proposed $12.5 billion acquisition of cell phone maker Motorola Mobility. The request is the latest sign that regulators in Europe and the U.S. are taking a hard look at the deal to ensure it doesn't give Google the means to stifle competition in the increasingly important mobile computing and advertising market.
  • After chip maker Intel Corp. cut its fourth-quarter revenue outlook due to hard disk drive shortages stemming from massive flooding in Thailand, shares for the entire sector sank. As for Intel shares, they lost 4 percent.
  • Oil prices were down alongside stock markets.  Benchmark West Texas Intermediate crude lost $1.64, about 1.7 percent, to end the day at $97.77 per barrel in New York.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Plans Released For Pump Park in Brookings

3/27/2015 4:51 PM

The same company that designs BMX bike tracks for the Olympics is coming to South Dakota to create Brookings' newest park.

Full Story
Speed Limit Sign Changes

3/25/2015 6:06 PM

The speed limit is only going up on stretches of road where the limit was 75 miles per hour, now going up to 80 mph.

Full Story | Watch
Woman Pushing For $20 Bill Makover

3/25/2015 9:54 AM

Barbara Ortiz Howard already has a day job maintaining apartment buildings near New York City. Now she has a second job and it's all about money. ...

Full Story
New Car Wash To Open Near 26th St. & Sycamore Ave.

3/24/2015 3:48 PM

Sioux Falls will soon be home to a second Silverstar Car Wash.

Full Story
GM Ignition Switch Death Toll Rises To 74

3/23/2015 11:20 AM

Families of at least 74 people killed in crashes caused by defective General Motors ignition switches will get compensation from the company.

Full Story


Events