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.


75° 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.

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Monday Evening Business Brief

August 25, 2014, 5:17 PM

Monday Evening Business Brief
  • Summer doldrums? Not on Wall Street. The stock market notched another first today as the Standard & Poor's 500 index nudged briefly past the 2,000-point mark during the first hour of trading before sinking back. Overall it added 9.52 points, or 0.5 percent, to close at 1,997.92. The Dow Jones industrial average rose 75.65 points, or 0.4 percent, to 17,076.87. The Nasdaq composite gained 18.80 points, or 0.4 percent, to 4,557.35.
  • Some Burger King customers are finding it hard to swallow that the home of the Whopper could move to Canada. Investors seemed to welcome the announcement by Burger King late yesterday that it was in talks to buy Canadian coffee-and-doughnut chain Tim Hortons and create the world's third-largest fast-food restaurant company. The news pushed shares of both companies up more than 20 percent.
  • Amazon is buying video game streaming platform Twitch Interactive for $970 million in cash as it seeks to expand its gaming presence. Twitch had 55 million unique visitors in July, most of whom went to the site to watch other people play games. Amazon's purchase is set to close in the second half of 2014.
  • A federal accident board has told UPS and its pilots' union they can no longer participate in the agency's investigation of a crash last summer that killed two of the cargo shipper's pilots during a landing approach at the Birmingham, Alabama, airport. The board said both violated their party status by making public statements about the cause of the accident before the investigation is finished.
  • A co-owner of a Northern California slaughterhouse accused of processing cows with cancer has pleaded guilty to a criminal charge. The San Francisco Chronicle is reporting that 77-year-old Robert Singleton, co-owner of Petaluma-based Rancho Feeding Corp., entered the plea on Friday to aiding and abetting in the distribution of adulterated, misbranded and uninspected meat. He has agreed to work with prosecutors against the company's other owner and two employees who are also charged in the case and have pleaded not guilty.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Capital One Closing In Sioux Falls

7/23/2015 12:12 PM

Employees were told Thursday that the credit card company will close its Sioux Falls office by the end of the year.

Full Story
Record Sturgis Rally To Bring Big Traffic Challenge

7/21/2015 6:17 PM

If projections are close, the 75th Sturgis Motorcycle Rally during the first week of August could attract a record million people to the Black Hills. ...

Full Story | Watch
New Pizza Chain Coming To Sioux Falls

7/22/2015 4:15 PM

Wisconsin-based chain, Toppers Pizza is going into a strip mall on South Minnesota Avenue in Sioux Falls. 

Full Story
Gas Prices Jump in SD, Fall Everywhere Else

7/21/2015 11:10 AM

The state average for gasoline in South Dakota is at its high for the year at $2.79 a gallon.  That's the highest average price since last No...

Full Story
Picker's Flea Market Closing, Celebrate Church Expanding

7/24/2015 2:15 PM

Thorson ran several shops in Yankton before opening a store in Sioux Falls. The store will close August 16.

Full Story


Events