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.


59° 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


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Huset's Speedway Purchased By Badlands Group

4/21/2015 5:18 AM

The longtime sprint car track near Brandon will be renamed Badlands Motor Speedway after the 2015 season.

Full Story
Shoppers Swarm Target For Designer Product Line

4/20/2015 1:14 PM

The retailer released its Lilly Pulitzer for Target collection, and many stores were sold out within minutes.

Full Story
Huset's Speedway Sold

4/21/2015 6:00 PM

Started back in the late 1950s, Huset's Speedway is almost as old as the dirt the cars race on.  But that's about to change.

Full Story | Watch
Multi-Million Dollar Athletic Center Planned For Sioux Falls

4/21/2015 5:03 PM

Plans are in the works for a 40,000 square foot athletic training center in southeast Sioux Falls.  With the Pentagon and the new tennis facility...

Full Story | Watch
Amazon Distribution Center In Shakopee Could Employ 1,000

4/22/2015 6:03 AM

The online retailer is asking the city of Shakopee for about $5 million in tax breaks to build the 820,000-square-foot center and warehouse.

Full Story


Events