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.


72° 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

October 22, 2012, 4:34 PM

Monday Evening Business Brief

Stocks were all over the map during today's trading session on Wall Street, ending with slight gains for the key averages. The Dow rose 2 points to 13,346. The S&P gained a fraction, while the Nasdaq surged 11 points.

  • Apple holds an event tomorrow at a San Jose, California theater where it is expected to unveil a smaller iPad.  Tech bloggers and analysts expect it to be about half the size of the regular iPad.
  • Genealogy website Ancestry.com has agreed to be purchased by a group led by a European private equity firm. The cash deal is valued at about $1.6 billion.
  • The nation's largest retailer, Wal-Mart, has been slapped with a lawsuit that claims that both it and its staffing agencies broke federal minimum wage and overtime laws by requiring temporary workers to appear early for work, stay late to complete work and work through lunches and breaks without pay. The suit also claims that Wal-Mart itself failed to keep accurate records of workers' time.
  • Oil hit a three-week low as a major North American pipeline gets set to resume. Benchmark oil fell $1.32 to finish at $88.73 in New York. TransCanada is expected to soon restart its 2,100-mile Keystone pipeline. Shut Wednesday after tests raised questions about safety, it carries about 590,000 barrels of crude per day from Canada to facilities in the Midwest.

Find the latest local business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Two KELOLAND Target Stores Now Open Extended Hours

8/19/2014 12:16 PM

Night owls who enjoy shopping at Target will soon have a few more hours to browse the shelves.

Full Story
Raven Balloons In Demand By Google

8/20/2014 9:10 AM

Raven Industries reports that sales for the second quarter are up to $94.5 million from $93.4 million the same time last year, due in part to Google&#...

Full Story
Sioux Falls Store Included In UPS Breach

8/21/2014 1:53 PM

If you used a credit or debit card at a UPS Store in the last seven months, some of your personal information could be a risk.  

Full Story
Woman-Owned Highway Construction Company

8/21/2014 10:05 PM

There are nearly eight million women owned businesses in the U.S.  But only eight percent of construction businesses are owned by women. 

Full Story | Watch
New CEO Of Idled Aberdeen Beef Plant Optimistic

8/17/2014 3:45 PM

The new CEO of a beef plant that has sat idle in Aberdeen since 2012 is optimistic about the facility's future.

Full Story


Events