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.


69° 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!

 

Saturday Business Brief

May 17, 2014, 3:36 PM

Saturday Business Brief

NEW YORK (AP) - The stock market registered a modest gain yesterday, thanks to improving sales results from retailers and increased demand for telecommunications shares. Telecoms rose the most among the 10 industries in the Standard & Poor's 500 index. The S&P 500 index gained 7.01 points and the Dow Jones industrial average rose 44.50 points.

  • The price of oil rose past $102 a barrel yesterday on strong U.S. construction activity and increased tensions in Ukraine. Benchmark U.S. crude for June delivery rose 52 cents to close at $102.02 a barrel in New York. Oil gained 2 percent for the week. Brent crude for July delivery, a benchmark for international oil used by many U.S. refineries, rose 60 cents to $109.75 in London. The Brent crude June contract expired Thursday.
     
  • Among the closely watched reports to be released next week is the Federal Reserve Board's minutes from its interest-rate meeting in April. Also, next week, quarterly financial reports are due from, among others, Home Depot Inc., Lowe's Cos, Tiffany & Co., and Target Corp.  On Thursday, the Labor Department releases weekly jobless claims, a report that been trending well of late.
     
  • Regulators have closed a small lender in Illinois, marking the seventh U.S. bank failure of 2014 after 24 closures last year. The Federal Deposit Insurance Corp. said yesterday that it has taken over AztecAmerica Bank, based in Berwyn. The lender, which operated two branches, had about $66.3 million in assets and $65 million in deposits as of Dec. 31.
     
  • A St. Louis jury has ruled that Anheuser-Busch didn't discriminate against a former executive who sued because she earned significantly less than a male predecessor. The jury of seven women and five men sided with the beer-maker, a onetime family business now owned by Belgium-based brewer InBev.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Wild Bat Found At Great Plains Zoo Tests Positive For Rabies

6/26/2015 11:19 AM

The Great Plains Zoo is warning visitors after a bat found on a sidewalk there tested positive for rabies.

Full Story
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
Speed Limit Dropping To 75 MPH Along Stretch Of I-90

6/26/2015 1:53 PM

Starting next week, drivers on Interstate 90 will have to slow down from the Wyoming border to just west of Exit 55 in Rapid City.

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


Events