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.


67° 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!

 

Saturday Business Brief

February 8, 2014, 5:07 PM

Saturday Business Brief

Some investors are breathing a sigh of relief after the stock market rebounded from a deep slump earlier in the week to muster the first positive five-day stretch after three weeks of declines. Yesterday's modest gains added to a strong finish for stocks a day earlier. The Dow gained 1.1 percent. The S&P 500 rose 1.3 percent and the Nasdaq increased 1.7 percent.

  • Increasing demand for fuel and some positive sentiment about the job market are leading to higher oil prices. Yesterday, benchmark crude for March delivery gained $2.04, or 2.1 percent, to close at $99.88 a barrel on the New York Mercantile Exchange. At the gas pump, the average price for a gallon held steady at $3.27.
     
  • The incoming chairman of the Senate Finance Committee says he'll make revamping the federal income tax system a top priority. Sen. Ron Wyden calls the tax system a "dysfunctional, rotten mess." The Oregon Democrat also says he'll focus on creating jobs for the middle class and strengthening the guaranteed benefits of Medicare while holding down costs.
     
  • The federal government says it's updated the HealthCare.gov website to fix a wrinkle that temporarily left some children without insurance coverage. The Centers for Medicare and Medicaid Service tells New Hampshire Congresswoman Carol Shea-Porter that consumers can now use the website to report if someone was denied coverage and take steps to add the child to a subsidized plan.
     
  • Travelers are eager to see how American Airlines and US Airways resolve differences in amenities and frequent-flier programs now that they've merged into one carrier. In one area, leaders at American Airlines Group say they plan to go with American's practice of providing extra legroom with a few seats in the economy cabin, and charging passengers more to sit there.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

PREMIER Bankcard Lawsuit Comes Down To Link

8/22/2014 10:00 PM

$5 million: that's the price tag on a lawsuit filed by a South Dakota credit card company, First PREMIER/PREMIER Bankcard against a credit card co...

Full Story | Watch
Single-Screen Theater Closed After Four Decades

8/23/2014 12:33 PM

A single-screen movie theater in Vermillion has closed after serving the area for more than four decades.

Full Story
Sioux Falls Store Included In UPS Breach

8/21/2014 1:53 PM

If you used a credit or debit card at a UPS Store in the last seven months, some of your personal information could be a risk.  

Full Story
Woman-Owned Highway Construction Company

8/21/2014 10:05 PM

There are nearly eight million women owned businesses in the U.S.  But only eight percent of construction businesses are owned by women. 

Full Story | Watch
Napa Winery With SF Ties Recovers From Earthquake Damage

8/24/2014 6:35 PM

A Napa Valley winery with Sioux Falls ties received damage from the largest earthquake to hit the bay area in 25 years.

Full Story


Events