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.


75° 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 18, 2014, 7:23 AM

Monday Morning Business Brief
NEW YORK -

The stock market is holding steady during the summer doldrums. Many traders are still on vacation. But as the new week begins, global news could be a catalyst for market moves as it was early Friday when worries over Ukraine surfaced. By the end of the day, however, the S&P 500 fell only a fraction of a point and the Dow declined 51 points. But the Nasdaq gained 12. Futures point to gains this morning.

  • European stocks bounced back Monday from Ukraine-related selling while Asian markets were subdued by further signs of weakness in China's property market. Benchmark U.S. crude oil fell below $96.50 a barrel. The dollar gained against the euro and the yen.
     
  • Investors will be looking over some reports on housing today and tomorrow. The National Association of Home Builders will issue its housing market index for August today. Tomorrow, the Commerce Department will report on housing starts for July. Also, Home Depot will report quarterly earnings before the market opens
     
  • China's government is cracking down on Mercedes-Benz, saying the carmaker violated anti-monopoly law and charged excessive prices for parts. A growing number of global automakers have been snared in an investigation of the industry. China's Xinhua News Agency says the luxury unit of Germany's Daimler AG abused its control over supplies of spare parts to engage in "vertical price-fixing."
     
  • Leading patient groups say insurance companies are beginning to find ways around anti-discrimination provisions which are a central goal of the nation's health care law. The insurance industry says critics are confusing legitimate cost-control with bias. Some state regulators, however, say there's reason to be concerned. More than 300 patient advocacy groups recently wrote Health and Human Services Secretary Sylvia Mathews Burwell to complain about some insurer tactics that "are highly discriminatory" and may violate the law.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Allegiant Air Pilot Pleads With Tower To Make Emergency Landing

7/29/2015 1:58 PM

An Allegiant Airlines pilot declared a fuel emergency and had to land at a North Dakota airport even though the airport was closed for the Blue Angels...

Full Story
Lick The Spoon Closes East Side Location

7/29/2015 9:53 AM

Just a year after opening on East 10th Street and Bahnson Avenue in Sioux Falls, Lick The Spoon restaurant has closed its doors.  Angela Becker o...

Full Story
Filly Flair Set To Open Sioux Falls Store On Saturday

7/30/2015 5:18 PM

A successful online retailer is opening her first brick and mortar shop in Sioux Falls.

Full Story
Famous Wine Maker Planning Sioux Falls Development

7/29/2015 1:00 PM

Barber tells KELOLAND News while the plans still have yet to be finalized, they call for a couple of apartment buildings with eight to 12 units, as we...

Full Story
Bass Pro Shops Turned Brandon Down

8/3/2015 4:00 PM

A Sioux Falls architect who is on Brandon's Planning and Zoning Committee brought a proposal to Bass Pro Shops to locate a store at the Brandon ex...

Full Story


Events