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.


10° 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

January 24, 2013, 5:34 AM

Thursday Morning Business Brief

Investors begin the day hoping the stock market continues its upward momentum. Strong earnings from tech giants nudged the market to a five-year high on Wednesday. Google and IBM reported surprisingly solid fourth-quarter earnings before the bell. The Dow rose 67 points to close at 13,779. The S&P 500 edged up two points. The Nasdaq composite rose 10.

  • Europe's stock markets are broadly higher amid signs the continent's services and manufacturing slump was easing. Shares creeped higher as investors welcomed surveys showing a smaller than forecast contraction in both manufacturing and services in the 17-country eurozone this month. Benchmark crude oil is up over $95 per barrel. The dollar fell against the euro but rose against the yen.
  • The Labor Department releases the weekly jobless claims today, and Freddie Mac, the mortgage company, reports on the weekly mortgage rates. Also today, the Conference Board releases leading indicators for December.
  • Apple reports its profit surge halted in the latest quarter. A flood of new products like the iPhone 5 meant high start-up costs for new production lines. Apple posted net income for the October to December quarter that was flat with the year before. Net income in the fiscal first quarter was $13.1 billion, or $13.81 per share.
  • Toyota and BMW are working together on next-generation batteries for green vehicles called "lithium-air" as their collaboration, first announced in late 2011, moves ahead in fuel cells, sports vehicles and other fields. A BMW spokesman says the cooperation with the Japanese automaker will help both companies boost competitiveness in new technologies.

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

Alco To Close Stores Across South Dakota

11/21/2014 2:03 PM

Several South Dakota cities will soon have one less store.

Full Story
South Dakota Malls Will Open On Thanksgiving

11/21/2014 11:41 AM

Shoppers no longer need to stay up all night to get Black Friday deals.  More stores are opening on Thanksgiving, closing overnight and then reop...

Full Story
Vern Eide Pays It Forward For Thanksgiving

11/22/2014 6:34 PM

Closer to home, families are out buying turkeys as we are less than a week away from Thanksgiving.

Full Story
Sioux Falls Scandinavian Store To Close

11/20/2014 3:30 PM

Holsen Hus, a Scandinavian store on Phillips Avenue in Sioux Falls is closing at the end of the year.

Full Story
New Convenience Store Opens on North Minnesota Avenue

11/21/2014 10:15 AM

The seventh Kum & Go convenience store in Sioux Falls is now open.  The new store at 1400 N. Minnesota Avenue is 5,000 square feet and will b...

Full Story


Events