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.


69° 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 Morning Business Brief

December 6, 2012, 6:15 AM

Thursday Morning Business Brief

Apple shares weighed on the Nasdaq, while the blue chips gained ground. The Dow Jones industrial average rose 83 points at 13,034. The S&P rose 2 points to 1,409, while the Nasdaq was down 23 points to 2,974. Futures were marginally higher this morning.

  • International stock markets were mixed today as investors assessed President Barack Obama's comments that reaching a budget compromise to prevent the U.S. economy from hurtling downward was "not that tough" and could even be done quickly. Benchmark crude oil is unchanged, hovering below $88 per barrel. The dollar rose against the euro and the yen.
  • On today's economic calendar, the Labor Department releases the weekly jobless claims. That's ahead of tomorrow's monthly unemployment report. Freddie Mac releases weekly mortgage rate averages.
  • It's round 2 today in the epic $1 billion patent fight between the world's top two smartphone makers. Apple and Samsung renew their rivalry today in a federal courtroom as Samsung seeks to overturn an Aug. 24 jury verdict that found the Korean tech titan ripped off Apple Inc.'s designs for its iPhone and iPad. Apple wants a bigger award.
  • The European Central Bank is unlikely to offer any further help for Europe's sagging economy today after already lowering interest rates to record lows and calming the region's debt crisis with its plan to buy the bonds of heavily indebted governments. After a year that has seen $1.3 trillion in emergency loans to banks, a rate cut, and President Mario Draghi's vow to "do whatever it takes" to rescue the euro, some analysts say the ECB may consider itself finished with efforts to rescue the eurozone economy.

You can find more 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

Historic Sioux Falls Building For Sale

9/15/2014 4:24 PM

The Carpenter Building on South Phillips Avenue in Sioux Falls is for sale for $4.2 million.

Full Story
SF Judge Considering Another Walmart Lawsuit

9/19/2014 5:41 PM

Homeowners believe the City of Sioux Falls didn't live up to its promise of having a conditional use permitting process for the new store proposed...

Full Story | Watch
Sioux Falls Named 41st In Best Small To Midsize Cities List

9/15/2014 1:43 PM

Sioux Falls comes in at number 41 on Livability.com's list of the nation's best small to midsized cities.

Full Story
Unbridled Business

9/15/2014 10:10 PM

Most of us think of successful online retailers as being located in big cities.  But the truth is when your customers are on the Internet, you ca...

Full Story | Watch
Great Outdoor Store Recognized By National Magazine

9/17/2014 3:33 PM

Outdoor USA Magazine is giving high marks to a Sioux Falls store.

Full Story


Events