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.


46° 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

September 20, 2012, 1:13 PM

Thursday Afternoon Business Brief

Amid more downbeat data, stocks have slipped today. The Dow and other stock-market indexes reached four-year highs last week after the Federal Reserve unveiled a new plan to support the economy.

  • The Federal Reserve says Americans' wealth contracted by about 0.5 percent in the April-June quarter as a drop in stock prices more than offset a gain in home values. But since June, the stock market has surged about 7 percent - more than reversing last quarter's 3 percent drop in stock prices. And it's brought Americans closer to regaining all the wealth they lost to the Great Recession.
  • An IPO on the rise, shares of Trulia have jumped more than 40 percent in their first day of trading on the New York Stock Exchange. The San Francisco-based firm operates a real estate web site and mobile apps.
  • J.C. Penney stock is one of the market's biggest decliners today. The department store chain says it expects its financial struggles to continue during the second half of the year.
  • Wal-Mart Stores will stop selling Amazon.com's Kindle tablet and e-readers. The world's largest retailer says it will continue to sell a range of tablets and e-book readers, including Apple's iPad, Barnes & Noble's Nook, and devices from Samsung, Sony and others.

Find the latest local business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Large Security Threat On Internet

4/10/2014 6:00 PM

It's already being called one of the biggest security threats the Internet has ever seen.

Full Story | Watch
Titan Machinery To Close Eight Stores Across U.S.

4/11/2014 6:22 AM

The company based in West Fargo, N.D., on Thursday cited a slow recovery in construction sector among the reasons for the move, which will leave 128 p...

Full Story
Heartbleed Bug Causes Major Security Headache

4/10/2014 9:33 AM

A confounding computer bug called "Heartbleed" is causing major security headaches across the Internet.

Full Story
Family Dollar To Cut Jobs, Close About 370 Stores

4/11/2014 5:44 AM

Family Dollar says it will be cutting jobs and closing about 370 underperforming stores as it looks for ways to improve its financial performance. It ...

Full Story
New Brewery Proposed In Northeast Sioux Falls

4/11/2014 8:58 AM

A new brewery is proposed for the Vance-Lantus building at 1400 E. Robur Drive, which is off of North Cliff Avenue, just north of Interstate 90 in Sio...

Full Story


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