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

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
Find Local Businesses on KELO Pages!

View business

You may also like

Plans Released For Pump Park in Brookings

3/27/2015 4:51 PM

The same company that designs BMX bike tracks for the Olympics is coming to South Dakota to create Brookings' newest park.

Full Story
RibFest Announces Concert Headliners

3/30/2015 8:40 AM

Montgomery Gentry, Cheap Trick, Uncle Kracker and Warrant are scheduled to perform at the annual event from May 28 to May 31. 

Full Story
How Much Do You Take Home In Pay?

3/30/2015 9:45 AM

How much does making $50,000 a year differ from one state to another, once you figure in taxes and cost of living?

Full Story
Speed Limit Sign Changes

3/25/2015 6:06 PM

The speed limit is only going up on stretches of road where the limit was 75 miles per hour, now going up to 80 mph.

Full Story | Watch
Woman Pushing For $20 Bill Makover

3/25/2015 9:54 AM

Barbara Ortiz Howard already has a day job maintaining apartment buildings near New York City. Now she has a second job and it's all about money. ...

Full Story


Events