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.


30° 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.
Winter Returns To KELOLAND This Weekend. Click here for details. 

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Monday Evening Business Brief

June 2, 2014, 4:51 PM

Monday Evening Business Brief
  • The day started poorly on Wall Street up ended up with marginal gains. Things picked up when a report on the health of U.S. manufacturing was revised higher. A trade group said U.S. manufacturing grew at a brisk pace last month, correcting its earlier statement that growth had slowed. The Dow industrials rose 26 points. The S&P 500 gained a point, to finish at another all-time closing high. The Nasdaq composite lost five points.
  • The price of oil fell slightly today and closed at a two-week low. Benchmark U.S. oil for July delivery fell 24 cents to $102.47 a barrel on the New York Mercantile Exchange. Last week, the price of oil fell by 1.6 percent. U.S. drivers are hoping to see a decline in gasoline prices. At $3.67, the average price of a gallon of gas is the highest it's been since early May.
  • The Supreme Court  has ruled unanimously that a company isn't liable for inducing patent infringement if someone other than the company carries out some of the steps leading to infringement. The justices held in a ruling released today that Internet content delivery company Limelight Networks Inc. did not infringe on the patented system for managing images and video, which was owned by a rival - Akamai Technologies Inc.
  • The attorney general of Massachusetts, Martha Coakley, has sued the Federal Housing Finance Agency and mortgage giants Fannie Mae and Freddie Mac for refusing to comply with a state law designed to stem the tide of foreclosures in Massachusetts. Coakley argues that mortgage giants Fannie Mae and Freddie Mac violated a 2012 Massachusetts law that allows the sale of homes in foreclosure to nonprofit organizations that intend to restructure the loan and sell the property back to the homeowner.
  • The International Air Transport Association is marking 100 years since the first scheduled commercial flight took off, making a 23-minute journey across Florida's Tampa Bay. A roundtrip ticket on the Jan. 1, 1914, flight from St. Petersburg, Florida, to Tampa, Florida, was priced at $10.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Website Ranks The 25 Best Jobs For 2015

1/28/2015 5:12 AM

Physician assistants topped the list, which has an average base salary of $111,376.

Full Story
Long John Silver's Building To Become Taco Shop

1/23/2015 4:00 PM

The former Long John Silver's on Minnesota Avenue is going to become a Mexican fast food restaurant.  

Full Story
Refinery Issues Lead To Higher SD Gas Prices

1/27/2015 11:10 AM

For the first time in months, South Dakota's average gas price rose last week.  According to a AAA report, the increase is due to a series of...

Full Story
Proposed Egg Farm Drawing Complaints In Turner County

1/27/2015 7:30 AM

A Sioux Falls-based company hopes to more than double the number of egg-laying hens in South Dakota by opening a large chicken operation near Parker.

Full Story
Five Ways Unmanned Drones Could Affect The American Food Supply

1/25/2015 5:38 PM

Herding cattle. Counting fish. Taking an animal's temperature. Applying pesticides.

Full Story


Events