User uShare 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.

53° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



Share your Photos, Videos, and Stories on uShare! Click here to get started.


[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Saturday Business Brief

August 9, 2014, 4:23 PM

Saturday Business Brief

NEW YORK (AP) - Investors may be breathing a sigh of relief after the stock market turned positive yesterday. The Dow Jones industrials surged 186 points, or 1.1 percent, to close at 16,553, its biggest gain since March. The S&P 500 rose 22 points, or 1.2 percent, to 1,931, its biggest gain since March 4. The Nasdaq closed up 36 points, or 0.8 percent, to 4,370.

  • There's growing concern over the deepening crisis in Iraq and the possibility that it could affect global oil supplies. That pushed up the price of benchmark U.S. crude yesterday. It rose 31 cents to close at $97.65 a barrel in New York. But Brent crude, a benchmark for international oils, fell 42 cents to close at $105.02 in London.
  • Volkswagen of America is recalling more than 150,000 Tiguan SUVs due to the possibility of stalling. No accidents or injuries have been reported. The problem is with fuel pumps on some models from 2009 to 2014. Gas bubbles may form in the fuel system when winterized fuel is used in warmer months or warmer areas, which could lead to the car stalling. Dealers will install revised software in the cars to fix the problem.
  • A Georgia judge has denied a General Motors motion to dismiss a wrongful death case against the automaker. Trial has been set for April 2016. The family of a 29-year-old nurse who died in a 2010 car crash near Atlanta sued GM alleging that a faulty ignition switch in her 2005 Chevrolet Cobalt unexpectedly shut off the engine, causing her to lose control of the car. The family settled last year with GM for $5 million, but filed a new complaint in May alleging that GM fraudulently concealed evidence.
  • One of the largest ranches in the U.S. and an icon for Texas horse and cattlemen is up for sale. It's listed for $725 million, marking the end of a decades-long courtroom battle among the heirs of cattle baron W.T. Waggoner, who established the estate in 1923. The broker says the estate falls within a "super asset class" It includes the 510,000-acre ranch.

Previous Story

Next Story



View business

You may also like

Stacy Phelps Resigns From Board of Education

10/2/2015 3:14 PM

Phelps administered the GEAR UP program which prepared and encouraged Native American students to enroll into higher educaton.

Full Story
Mitchell Superintendent Defends 'Second Job'

10/5/2015 10:02 PM

Our KELOLAND News investigation revealed some of the problems surrounding the multimillion dollar GEAR UP grant that caused the state to end its partn...

Full Story | Watch
Sioux Falls Floral Shop Fills Special Order For Elton John

10/1/2015 4:48 PM

Sir Elton John will be surrounded by beautiful flowers during his stop in Sioux Falls.

Full Story
Coffee Shop, Pizza Chain Both Opening In East Sioux Falls

10/2/2015 2:03 PM

Marco's Pizza filed a building permit to set up shop in a new stripmall on South Sycamore Avenue.

Full Story
Shop Owner Ready For 'Chip & Dip'

10/1/2015 10:10 PM

Thursday is the deadline for stores to have new equipment in place to take the more-secure chip cards.

Full Story | Watch