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.


24° 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.
 Winter Storm for January 31-February 1, 2015

Snow Outlook

Severe Weather

State Radar


Click here for local closings & delays

Send photos to ushare@keloland.com

Storm Center Update

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Thursday Morning Business Brief

November 1, 2012, 5:42 AM

Thursday Morning Business Brief

Wall Street returns for another trading session, after yesterday's first day of business after Hurricane Sandy. It also begins a new month, after stocks were mixed Wednesday. Both the Dow and the Nasdaq fell nearly 11 points, while the S&P gained less than a point. Futures trading suggests a lower opening today.

  • Asian stock markets were mixed today and European shares opened slightly higher. Signs of strengthening Chinese manufacturing weren't enough to broadly lift international stock markets as investors await key U.S. economic data and digest a slew of bad earnings reports. Benchmark crude gained to remain above $86 per barrel. The dollar rose against the euro and the yen.
  • Today brings a heavy helping of economic data, just ahead of tomorrow's monthly report on unemployment. Among the readings due today are consumer confidence and manufacturing data from the Institute for Supply Management along with retail sales and car sales.
  • Two business surveys show China's manufacturing improved in October, adding to signs the world's second-largest economy might be recovering from its deepest slump since the 2008 global crisis. Chinese economic growth fell to a 3-1/2 year low of 7.6 percent in the quarter ending in September, but other indicators including retail sales and investment are improving.
  • The Chinese government's main sovereign wealth fund says it has bought a 10 percent stake in the operator of London's Heathrow Airport, expanding its investments in British infrastructure. China Investment Corp. was created in 2007 to manage a portion of China's multitrillion-dollar foreign reserves. The fund's chairman also has an eye on U.S. investments.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Website Ranks The 25 Best Jobs For 2015

1/28/2015 5:12 AM

Physician assistants topped the list, which has an average base salary of $111,376.

Full Story
Refinery Issues Lead To Higher SD Gas Prices

1/27/2015 11:10 AM

For the first time in months, South Dakota's average gas price rose last week.  According to a AAA report, the increase is due to a series of...

Full Story
Automakers Recall More Than 2M Vehicles For Faulty Air Bags

1/31/2015 11:43 AM

More than 2 million Toyota, Chrysler and Honda vehicles are being recalled for a second fix for faulty air bags that may inadvertently inflate while t...

Full Story
Proposed Egg Farm Drawing Complaints In Turner County

1/27/2015 7:30 AM

A Sioux Falls-based company hopes to more than double the number of egg-laying hens in South Dakota by opening a large chicken operation near Parker.

Full Story
Five Ways Unmanned Drones Could Affect The American Food Supply

1/25/2015 5:38 PM

Herding cattle. Counting fish. Taking an animal's temperature. Applying pesticides.

Full Story


Events