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.


62° 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

July 14, 2014, 6:16 AM

Monday Morning Business Brief
NEW YORK -

Despite a small gain on Friday, U.S. stocks start the week coming off the market's biggest weekly drop since April. The Standard & Poor's 500 index rose 2.89 points, or 0.2 percent, to 1,967.57 on Friday. Its weekly decline of 0.9 percent was the biggest since April 11. The Dow Jones industrial average climbed 28.74 points, or 0.2 percent, to 16,943.81. The Nasdaq composite rose 19.29 points, or 0.4 percent, to 4,415.49. Futures point to gains this morning.

  • International stock markets rebounded today from jitters about a struggling Portuguese bank as investors looked ahead to a busy week of data releases in the U.S., China and Europe. Benchmark crude oil fell but stayed above $100. The dollar gained against the euro and the yen.
     
  • Samsung Electronics Co. says it has suspended business ties with a Chinese supplier that allegedly hired children. The South Korean company said in its blog today that it had found possible evidence of child labor and illegal hiring at Dongguan Shinyang Electronics Co. China Labor Watch said children worked at Shinyang for three to six months to meet production targets during a period of high demand. The report came after Samsung said its audit found no child labor at hundreds of Chinese suppliers.
     
  • State media report Chinese authorities have indicted British and American investigators hired by GlaxoSmithKline on charges of illegally obtaining and selling private information. The Briton blamed the pharmaceutical company for misleading and using him. The American is his wife.
     
  • Swiss chocolate maker Lindt & Spruengli says it is buying U.S. manufacturer Russell Stover Candies, Inc., for an undisclosed sum. Lindt CEO Ernst Tanner says the purchase provides "a unique opportunity for us to expand our North American chocolate business." The company says the deal will make it the No. 3 chocolate manufacturer in North America.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

SF Judge Considering Another Walmart Lawsuit

9/19/2014 5:41 PM

Homeowners believe the City of Sioux Falls didn't live up to its promise of having a conditional use permitting process for the new store proposed...

Full Story | Watch
Cracked Windshield Forces Jet To Land In Wichita

9/22/2014 1:12 PM

A 50-seat jet flying to Dallas was forced to land in Wichita after its windshield cracked.

Full Story
Lake Lorraine Lapping Up Development

9/22/2014 10:10 PM

Work is well underway on a one-of-a-kind commercial site in Sioux Falls.  Lake Lorraine is nearly 100 acres at Marion Road and 32nd Street in wes...

Full Story | Watch
Great Outdoor Store Recognized By National Magazine

9/17/2014 3:33 PM

Outdoor USA Magazine is giving high marks to a Sioux Falls store.

Full Story
Digital Guitar Made In Sioux Falls

9/16/2014 10:10 PM

Sioux Falls native and South Dakota State graduate Ed Cannon is behind a new product for Apple's iPad, iPhone and MacBook. 

Full Story | Watch


Events