User uShare 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.

67° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options




[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Monday Evening Business Brief

April 14, 2014, 6:08 PM

Monday Evening Business Brief
  • Stocks have started clawing back some of the ground they lost last week. The Dow rose 146 points and finished at 16,173.24 today. The S&P 500 rose nearly 15 points to close at 1,830.61. And the Nasdaq composite rose almost 23 points to 4,022.69. Investors were encouraged by solid earnings from Citigroup and a pickup in retail sales last month.
  • European Union foreign policy chief Catherine Ashton says foreign ministers have decided to sanction more Russians with asset freezes and visa bans as a sign of opposition to Moscow's policy toward Ukraine. So far, she's not said how many people will be affected or named them. Meanwhile, the White House says there's "overwhelming evidence" that Russia is fomenting unrest in eastern Ukraine and its "actively evaluating" its response.
  • It looks like the health insurance subsidies in the Affordable Care Act may not cost as much as originally projected. The Congressional Budget Office estimates they'll total a little more than $1 trillion over the next 10 years, instead of almost $1.2 trillion. The cut results largely from tighter cost controls by insurance companies offering plans on health care exchanges. The CBO is also forecasting smaller federal deficits starting this year, thanks largely to lower spending on health care.
  • Google has bought Titan Aerospace, a maker of solar-powered drones. Financial terms have not been disclosed, but Google says Titan's atmospheric satellites could help bring Internet access to remote parts of the world and be used in disaster relief and assessing environmental damage. The satellites are still in development and not yet commercially available, but they reportedly can stay in the air for as long as five years.
  • A new study finds Samsung's new Galaxy S5 smartphone is more durable than last year's model and other leading Android phones, but the iPhone 5s outperforms all of them. SquareTrade says the S5 scores well because it's water resistant and has a sturdy back panel. The iPhone 5s wins points for being an inch smaller diagonally than Android phones, making it easier to grip and less likely to slip out of a user's hands. Still, SquareTrade says all the smartphones it tested had a medium risk of breakage and the differences weren't major.

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
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
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