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.


68° 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

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story
Deciding When To Collect Social Security

7/22/2014 10:10 PM

78 million Baby Boomers are retiring or preparing to retire.  The question they all face is when to draw their Social Security benefits. 

Full Story | Watch
Lance Armstrong Is Grand Marshal For Sturgis Ride

7/21/2014 3:02 PM

Dethroned cyclist Lance Armstrong has been named the official grand marshal of the mayor's ride to kick off the Sturgis Motorcycle Rally.

Full Story


Events