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.


64° 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 Morning Business Brief

August 6, 2012, 5:42 AM

Monday Morning Business Brief

Wall Street opens the day with the Dow at 13,096. It gained 217 points on Friday, for its best day since June 29. The monthly jobs report, which showed U.S. employers adding 163,000 jobs last month, gave investors something to cheer about. Futures trading suggests a slight gain at this morning's opening.

  • International stock markets rose today boosted by stronger-than-expected U.S. hiring for July following three months of weak job gains. Benchmark crude oil fell to hover above $91 a barrel. The dollar gained against the euro but fell against the yen.
  • One of the world's top soccer clubs is set to make its stock market debut this week along with the companies behind Outback Steakhouse restaurants and the Carl's Jr. and Hardee's fast-food chains. Manchester United Ltd. is slated to go public with an offering that looks to bring in $300 million. Bloomin' Brands, which operates Outback, is looking to raise $300 million in its initial public offering. CKE, which runs the two hamburger eateries, is eyeing a $200 million raise.
  • The credit rating agency Standard & Poor's says that Italy's recession will be potentially deeper and more prolonged than previously thought. As a result, the agency has affirmed the downgrading of 15 of Italy's biggest banks, and has cut the ratings on 15 more.
  • Southwest Airlines says it has begun filing refunds to customers who were accidentally billed multiple times for a single flight, after a half-price online ticket promotion backfired. The special sale designed to celebrate Southwest's reaching the three million mark in Facebook fans was supposed to give customers who booked flights on Friday a 50-percent discount on certain fares.

You can find local business news on the Back To Business page of KELOLAND.com.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Wild Bat Found At Great Plains Zoo Tests Positive For Rabies

6/26/2015 11:19 AM

The Great Plains Zoo is warning visitors after a bat found on a sidewalk there tested positive for rabies.

Full Story
Presidential Proposal Would Expand Overtime Pay

6/30/2015 7:08 AM

Obama is unveiling a proposal to require overtime pay for workers who earn up to $970 per week, up from the current $455 threshold.

Full Story
Moe's Southwest Grill Selects Sioux Falls Location

6/29/2015 12:41 PM

You will soon have a new option for chips and salsa, salads and tacos in Sioux Falls.

Full Story
Speed Limit Dropping To 75 MPH Along Stretch Of I-90

6/26/2015 1:53 PM

Starting next week, drivers on Interstate 90 will have to slow down from the Wyoming border to just west of Exit 55 in Rapid City.

Full Story
$8 Million Renovation Planned For DM&E Downtown Building

6/25/2015 10:37 AM

An old railroad office building at 140 N. Phillips that has sat vacant for the last few years in downtown Sioux Falls is getting a new lease...

Full Story


Events