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.


63° 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!

 

Thursday Afternoon Business Brief

August 2, 2012, 1:40 PM

Thursday Afternoon Business Brief

Stocks are falling and so are oil prices because investors aren't happy that the European Central Bank failed to announce immediate new measures to ease the continent's debt crisis. The euro has also fallen against the dollar.

  • There's a mixed batch of economic news today. More people applied for jobless benefits last week, but the big picture suggests hiring may be improving. Retail sales in July exceeded expectations. Factory orders slipped further in June. And mortgage rates ticked up slightly from their record lows.
  • A $361 million loss in Europe and $19 million in red ink in South America are being blamed for dragging down General Motors' second-quarter profit. But the company's overall profit is better than Wall Street expected. GM earned 90 cents per share, compared with 75 cents forecast by analysts.
  • Sears and Kmart are recalling about 795,000 Kenmore dehumidifiers because of potential fire and burn hazards. There have been 107 incidents reported, including more than $7 million in property damage and three smoke inhalation injuries. The dehumidifiers were made between 2003 and 2005.
  • American Airlines has come up with a new way to make money. It will deliver your bags to your home or hotel -- for a fee. That's on top of the fee for checking the bags. Meanwhile, United Airlines says it's upping prices on many U.S. flights by $10 per round trip.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

National Pizza Franchise Coming To Sioux Falls

4/22/2014 4:24 PM

The South Dakota franchise owner of Marco's Pizza plans to open a third location in Sioux Falls at 5007 S. Louise Avenue, next to Noodles &am...

Full Story
It Looks Like A Credit Card, But It's Not

4/22/2014 10:01 PM

Small businesses often are short on cash or credit and in need of funding.  A California company is offering local businesses financing through t...

Full Story | Watch
Eric Church Concert Near-Sellout Within Minutes

4/18/2014 5:55 PM

The first ticket sale to an event at the new Denny Sanford PREMIER Center proved to be a boon at the box office Friday

Full Story | Watch
Redfield Drive-In To Stay Open

4/23/2014 6:00 PM

They continue to be a dying breed but not in Redfield. A family feared the local drive-in movie theatre would close and decided to take on the task of...

Full Story | Watch
City Of Worthington: Dilapidated Mall Is Due To Neglect From Ownership

4/21/2014 10:07 PM

The Northland Mall has been a mainstay in the Worthington community for over 35 years. The dilapidated shopping center has a leaky roof, which could l...

Full Story | Watch


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED