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.


34° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Freezing rain switching to snow Sunday evening through Monday.

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Thursday Morning Business Brief

September 4, 2014, 6:07 AM

Thursday Morning Business Brief

International stocks were lackluster today as investors looked ahead to a European Central Bank meeting and U.S. economic data. Declines were tempered by an easing of tensions over Ukraine. Futures suggest a muted Wall Street opening today after treading water yesterday. The dollar fell against the yen but gained against the euro. Benchmark U.S. crude oil fell below $95 a barrel.

  • Investors are anxiously awaiting the private-sector employment figures for August from payroll processor ADP. Also today, the government will report weekly jobless claims, trade data for July and revised second-quarter productivity data. The Institute for Supply Management will also issue its service sector index for August and Freddie Mac will report weekly mortgage rates.
     
  • Microsoft will seek to draw more people to its Internet-based services with two new mid-range smartphones it unveiled today. One is even designed to help people take better selfies. Both devices are under the Lumia brand Microsoft bought from Nokia. They run the latest version of Windows Phone 8 and feature Cortana, a Siri-like voice assistant. Microsoft used the IFA technology show in Berlin to announce the new Lumia 730 and 830 phones.
     
  • Fiat SpA says its merger with Chrysler is going ahead since there isn't enough opposition to derail it. Fiat says in a statement today that shareholders had cashed out 463 million euros ($609 million), under the 500 million-euro ($657 million) threshold that would have scuttled the deal. Fiat shareholders had overwhelmingly approved the deal, but Italian law gives dissenters the right to cash out. The merger has been in the works since 2009.
     
  • France's Competition Authority says Nespresso has for the first time agreed to open up its machines to knockoff coffee pods, under pressure from anti-trust regulators.  The authority found that Nespresso had tweaked its machines four times between 2007 and 2013 to make competitors' pods unusable. Under the agreement, the company will give competitors four months' warning about changes.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story
Denny Sanford's Multi-Million Solution To Worker Shortage

12/16/2014 10:04 PM

Sanford's money provides half of the funds for a $50 million scholarship program at the state's technical schools to train workers to fill job...

Full Story | Watch


Events