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.


-4° 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 Evening Business Brief

August 23, 2012, 5:46 PM

Thursday Evening Business Brief
  • Stocks fell for the fourth day in a row with the Dow Jones industrial average posting its largest loss in more than a month. The revelation that further Fed help on the economy isn't as certain as most everyone thought drove markets lower. The Dow lost 115 points to close at 13,057. The S-and-P 500 index fell 11 points to 1,402. The Nasdaq composite index lost 20 points and closed at 3,053.
  • Oil prices went for a ride today. The price of benchmark crude rose above $98 a barrel before worries about Europe pushed it back down again. It ended down 99 cents at $96.27 a barrel.
  • The euro has hit a seven-week high against the dollar. It was helped by the Labor Department report that showed an increase in first time claims for jobless benefits. The euro ended at $1.256 after climbing as high as high as $1.2589.
  • General Motors says it will invest $220 million at two Ohio factories to build the next generation of its Chevrolet Cruze compact car. The company says the move will preserve more than 5,000 jobs. GM says the new Cruze will get fresh styling, a nicer interior and better gas mileage than the version that's currently available.
  • Kodak is looking to sell its document imaging and personalized imaging businesses with an eye toward emerging from bankruptcy protection next year. The company says the moves will enable it to focus on its printing and business services.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

The City's Largest Construction Project Will Impact Thousands

3/2/2015 5:04 PM

It's being billed as the city's largest construction project this year at a cost of just under $9 million and it's going to impact thousan...

Full Story | Watch
Whiffer's Sandwiches Back Open For Business

3/2/2015 4:00 PM

Whiffer's Sandwiches is serving up lunch on Minnesota Avenue again.

Full Story
Costco Citigroup Partnership To Have Impact On Citibank In Sioux Falls

3/3/2015 2:45 PM

Costco is switching credit card company partnerships and that is going to have an impact on Citibank in Sioux Falls.  

Full Story
Great Western Bank To Close Two Sioux Falls Branches

3/4/2015 12:57 PM

Great Western Bank is closing its branches in the Walmart store on South Louise Avenue in Sioux Falls and at the Western Mall at the end of the month.

Full Story
Target Plans $2B In Cost-Cutting Moves

3/3/2015 3:20 PM

Target Corp. plans $2 billion in cost cuts over the next two years through corporate restructuring and other improvements.

Full Story


Events