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.


60° 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!

 

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




 
Find Local Businesses on KELO Pages!

View business

You may also like

Millions Of Android Phones At Risk For Heartbleed

4/15/2014 4:10 PM

If you've got an Android phone, your device could be susceptible to the Heartbleed security problem.

Full Story
Shrimp Prices Soar

4/16/2014 11:00 AM

The next time you order shrimp scampi of the menu, you may be in for sticker shock. 

Full Story
Headliners For JazzFest Announced

4/17/2014 10:54 AM

Plans are in place for JazzFest 2014 in Sioux Falls.

Full Story
Key Unlocks Gas Pumps For ID Thieves

4/14/2014 10:10 PM

Drivers who've fueled up in Rapid City are being warned that their debit and credit card numbers may have been stolen after "numerous" s...

Full Story | Watch
Eric Church Concert Near-Sellout Within Minutes

4/18/2014 5:55 PM

The first ticket sale to an event at the new Denny Sanford PREMIER Center proved to be a boon at the box office Friday

Full Story | Watch


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED