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.


32° 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

July 30, 2012, 5:20 PM

Monday Evening Business Brief

Stocks drifted lower on Wall Street. The Dow fell nearly 3 points to 13,073. The S&P 500 lost less than a point, while the Nasdaq dropped 12 points.

  • Chrysler, which sells almost 90 percent of its cars and trucks in the U.S. and Canada, reports making a $436 million profit in the second quarter. It was a huge turnaround from a year earlier, when the company lost $370 million, mainly because it refinanced government bailout loans.
  • Jury selection has begun in the San Francisco trial pitting two tech giants against one another. Apple filed suit against Samsung alleging its smartphones and computer tablets are knockoffs of the iPhone and iPad.
  • With this summer's heat wave, the price of natural gas has spiked. Natural gas futures have surged 69 percent since hitting a 10-year low this spring. Power plants are burning more natural gas for electricity as homes and businesses rely more on air conditioning, while gas production has been cut back.
  • U.S. antitrust authorities have cleared Comcast Corp.'s more than $3 billion sale of its nearly 16 percent stake in A&E Television Networks to The Walt Disney Co. and Hearst Communications. The A&E networks include the History Channel, Lifetime, Biography as well as its namesake network.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story
Denny Sanford's Multi-Million Solution To Worker Shortage

12/16/2014 10:04 PM

Sanford's money provides half of the funds for a $50 million scholarship program at the state's technical schools to train workers to fill job...

Full Story | Watch


Events