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.


42° 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!

 

Thursday Afternoon Business Brief

August 23, 2012, 1:46 PM

Thursday Afternoon Business Brief

Stocks are continuing to slide lower. With two hours left in the trading session, the Dow Jones industrial average is down 113 points at 13,060. The Standard and Poor's 500 index had lost eleven points and was at 1,403. The Nasdaq Composite index is down 21 points at 3,053.

  • Oil prices have done an about-face after a Federal Reserve official said further action to stimulate the economy may not be necessary. The price of benchmark crude, which had risen above $97 a barrel, fell $1.19 to $96.08 on the New York Mercantile Exchange.
  • The Federal Reserve Bank of New York says it has sold the last of the securities that it bought as part of the rescue of insurance giant AIG. It says taxpayers come out ahead after the sale, with a net gain of $6.6 billion.
  • Two key European leaders say Greece must keep pursuing painful reforms as it strives to keep its place in the eurozone. Neither the German chancellor nor the French president mentioned Greece's hope of getting more time to carry out those reforms and spending cuts.
  • Microsoft has a new corporate logo for the first time in 25 years. It has the Microsoft name in a lighter and straight font instead of the italic bold typeface used in the old logo. The new logo includes the familiar red, blue, yellow and green colors that are used in the flag on Microsoft's Windows operating system in a square box.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Pierre Woman Wins On In-Flight Game Show

10/17/2014 12:10 PM

A South Dakotan is a winner on the Allegiant Airlines' first in-flight game show called "The Game Plane."  The reality show is film...

Full Story
Minimum Wage In South Dakota

10/13/2014 6:12 PM

An initiated measure on the South Dakota ballot this November proposes to raise the state's minimum wage from $7.25 per hour to $8.50.  Suppo...

Full Story | Watch
Pop-Up Holiday Shop Coming to Downtown Sioux Falls

10/15/2014 11:45 AM

Unglued: Christmas Market, will open in the space formerly occupied by the Book Shop in the Carpenter Building on Phillips Avenue from Nov. 20 through...

Full Story
Ebola Scams Surface

10/17/2014 2:15 PM

It was only a matter of time before scammers started capitalizing on the Ebola scare.  The Better Business Bureau is warning consumers about a va...

Full Story
Lumber Hunt

10/16/2014 10:05 PM

Connor Burtis is holding a treasure hunt with the ultimate prize: A handcrafted piece of furniture.

Full Story | Watch


Events