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.


68° 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

October 29, 2012, 5:47 AM

Monday Morning Business Brief

The New York Stock Exchange and other U.S. financial markets are shutting down today as Hurricane Sandy bears down on the nation's largest city. The shutdown might be extended through tomorrow. The move was coordinated with other financial exchange operators, regulators and government officials. The shutdown applies to all trading, including electronic orders.

  • World stock markets fell today as a mammoth storm heading toward the eastern U.S. caused the New York Stock Exchange and CME Group to shut trading floors. Stocks ran out of momentum as traders refrained from bold moves amid global growth woes. Benchmark crude oil fell below $86 per barrel. The dollar gained against the euro but fell against the yen.
  • Stocks capped a losing weak with little change in Friday trading. For the week, the key averages were down between 0.6 to 1.8 percent.
  • The economic calendar for the coming week features the monthly unemployment report, due Friday. Analysts look for a slight rise in the jobless rate up to 7.9 percent.
  • A closely watched copyright suit against a student is pitting some pretty big companies against one another in a case before the Supreme Court. Costco, eBay, Google and the nation's top art museums are backing the Thai graduate student. Book publishers, the movie and music industries and others are suing him. It's over his idea to tap into the market for cheaper college textbooks by reselling copyrighted books that relatives first bought abroad.

Previous Story

Next Story




Sponsored

 


View business

You may also like

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
New Outdoor Venue For Falls Park West

6/29/2015 5:07 PM

Mayor Mike Huether's Capital Improvement Plan includes $2.5 million for the Levitt project.

Full Story | Watch
New Laws Bring Changes To Commercial Driver's Licenses

7/1/2015 6:52 AM

The new regulations raise the minimum age to apply for a commercial driver's license from 16 to 18.

Full Story
Greek Banks Closed, ATM Withdrawals Limited

6/29/2015 7:58 AM

French President Francois Hollande says France has "nothing to fear" from an eventual Greek departure from the eurozone.

Full Story


Events