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.


32° 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 31, 2014, 3:08 PM

Saturday Business Brief

NEW YORK (AP) - Investors still can't make up their mind about the U.S. economy. The stock market has closed out May on a mostly higher note but trading was uneven yesterday. The Dow Jones industrial average and S&P 500 hit all-time highs, but just barely. The Dow rose 18 points to close at 16,717 and the S&P was up 3 ½ points, to 1,923. But the Nasdaq fell 5 points to 4,242.

  • Oil traders are expected to focus next week on macroeconomic news, including a manufacturing report and employment data. The reports could change expectations for gasoline, diesel and crude demand. Meanwhile, the price of crude fell below $103 per barrel yesterday in New York because of ample fuel supplies. Gasoline rose a penny to an average $3.66 a gallon.
     
  • Golfer Phil Mickelson says he's cooperating in an insider trading investigation involving him, investor Carl Icahn and Las Vegas gambler Billy Walters. Mickelson's manager confirms the investigation, which was reported in several newspapers, including the Wall Street Journal. The reports, citing unidentified sources, say federal investigators are looking into the trading patterns of Mickelson and Walters involving two stocks. Mickelson says he did nothing wrong.
     
  • The NBA isn't going to hold a hearing to oust embattled Los Angeles Clippers co-owner Donald Sterling in advance of a vote on a deal negotiated by his wife to sell the team to former Microsoft CEO Steve Ballmer for $2 billion. But Donald Sterling's attorneys have filed suit in federal court against the NBA and its commissioner asking for damages in excess of $1 billion.
     
  • Los Angeles is suing JP Morgan Chase, alleging mortgage discrimination that the city says led to a wave of foreclosures that blighted neighborhoods, reduced property taxes and increased the need for costly city services. The city attorney filed similar lawsuits in December against Bank of America, Wells Fargo and Citigroup, who all denied the allegations.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Rock Stars To Celebrate Pawn Shop Ground Breaking

1/23/2015 11:15 AM

Bret Michaels and Lita Ford will perform at the District on Wednesday, Jan. 28 to celebrate the ground breaking of Badlands Pawn.

Full Story
Website Ranks The 25 Best Jobs For 2015

1/28/2015 5:12 AM

Physician assistants topped the list, which has an average base salary of $111,376.

Full Story
Long John Silver's Building To Become Taco Shop

1/23/2015 4:00 PM

The former Long John Silver's on Minnesota Avenue is going to become a Mexican fast food restaurant.  

Full Story
Refinery Issues Lead To Higher SD Gas Prices

1/27/2015 11:10 AM

For the first time in months, South Dakota's average gas price rose last week.  According to a AAA report, the increase is due to a series of...

Full Story
Proposed Egg Farm Drawing Complaints In Turner County

1/27/2015 7:30 AM

A Sioux Falls-based company hopes to more than double the number of egg-laying hens in South Dakota by opening a large chicken operation near Parker.

Full Story


Events