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.


73° 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 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




 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Simply Mac Coming To Sioux Falls

7/28/2014 1:12 PM

Apple users will soon have another option for sales and service support.

Full Story
Dawley Farm Village Expands

7/25/2014 10:10 PM

If you don't live on the Sioux Falls east side, or haven't taken a drive over there lately, you may not have noticed all the new businesses.

Full Story | Watch
Sioux City Riverboat Casino Prepares For Last Day

7/30/2014 7:57 AM

The Argosy riverboat casino is preparing to take its last bets Wednesday, having told the Iowa Racing and Gaming Commission that it will close by 5 p....

Full Story


Events