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.


22° 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 Morning Business Brief

October 25, 2012, 5:33 AM

Thursday Morning Business Brief

Stocks posted modest losses in the latest session. The market is on track for a weekly decline following Tuesday's bruising session. In Wednesday trading, the Dow fell 25 points to 13,077. The S&P was down 4 points to 1,409. The Nasdaq slipped nearly 9 points to 2,982. The key averages are down 0.8 to 2 percent this week, with two more sessions to go. Futures trading suggest gains at this morning's open.

  • International stock markets mostly rose today as investors kept their sights on a possible improvement in China's economy. Benchmark crude oil rose above $86 per barrel. The dollar fell against the euro but rose against the yen.
  • The Labor Department today releases weekly jobless claims. Also, the Commerce Department has durable goods for September, while the National Association of Realtors reports on pending home sales for September.
  • Apple may have won big in a major U.S. patent infringement suit against Samsung but in Europe, not so much. A Dutch court has ruled that Samsung's Galaxy tablet computers don't infringe on an Apple patent for touch screen interfaces. British and German courts have also rebuffed Apple.
  • The European Central Bank says lending to businesses remains weak in the 17 countries that use the euro. It's seen as a further indication that banks remain concerned over deteriorating economic conditions in the wake of a sprawling government debt crisis.

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

Previous Story

Next Story




Sponsored
 

View business

You may also like

Wells Fargo Lays Off Handful Of Workers In Sioux Falls

2/3/2016 2:27 PM

Spokesperson Staci Schiller said nine employees were given a 60-day notice in its home lending department.

Full Story
IRS Phone Scam Costing KELOLAND Thousands

2/4/2016 3:05 PM

Those aggressive IRS scam calls plaguing KELOLAND have cost South Dakotans tens of thousands of dollars so far.

Full Story
Bridgestone-Firestone Recalls Over 36,000 Truck Tires

2/6/2016 1:20 PM

Bridgestone-Firestone North America is recalling more than 36,000 heavy truck tires in the U.S. and Canada because the tread can separate from the bod...

Full Story
South Dakotans: Fast Talking And Patient On The Phone

2/4/2016 7:51 AM

South Dakotans are ranked as the eighth fastest talkers in the U.S., behind Iowa at number 5 and Minnesota at number 2.

Full Story
Legislature Delays Action On Amending Health Insurance Law

2/3/2016 10:40 AM

In 2014, Initiated Measure 17, coined "patient choice" by its supporters, got 62 percent of the vote.  

Full Story


Events