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.


79° 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!

 

Tuesday Afternoon Business Brief

March 11, 2014, 1:38 PM

Tuesday Afternoon Business Brief

Stocks are lower in afternoon trading on Wall Street following a disappointing report on job openings. Traders are also looking at a thin slate of corporate financial results and a report showing that wholesale businesses increased their stockpiles in January.

  • The Labor Department says employers advertised slightly more jobs in January than in December. Employers posted 3.9 million job openings, up 1.5 percent from December. That's below November's nearly six-year high of 4.1 million, and falls short of what analysts were expecting. The report says there are about 2.6 unemployed Americans, on average, for each open job. That's close to the ratio of 2 to 1 that is typical of healthier economies.
  • After months of back-and-forth, a deal is finally in place between two men's clothing stores. Men's Wearhouse announced today that it's buying rival Jos. A. Bank for $1.8 billion. The combined company will have more than 1,700 U.S. stores. The Jos. A. Bank outlets will keep their name -- and possibly their "buy one suit and get three free" deals.
  • U.S. dairy producers, cheese makers and food companies are fighting a push by the European Union to ban the use of European names like Parmesan, feta and Gruyere on cheeses made in the United States. The argument is that the American-made cheese is a shadow of the original European brands, and it cuts into sales and identity of the original cheeses. The Europeans say Parmesan should only be from Parma, Italy, not in those familiar green cylinders that American companies sell.
  • California's Department of Motor Vehicles is wading into the complex question of how to regulate the use of cars that rely on computers instead of people to drive them. The DMV is hearing ideas today on how to integrate driverless cars onto public roads. Questions range from data privacy and security - to whether a person will have to be in the driver's seat at all.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Simply Mac Coming To Sioux Falls

7/28/2014 1:12 PM

Apple users will soon have another option for sales and service support.

Full Story
Dawley Farm Village Expands

7/25/2014 10:10 PM

If you don't live on the Sioux Falls east side, or haven't taken a drive over there lately, you may not have noticed all the new businesses.

Full Story | Watch
Sioux City Riverboat Casino Prepares For Last Day

7/30/2014 7:57 AM

The Argosy riverboat casino is preparing to take its last bets Wednesday, having told the Iowa Racing and Gaming Commission that it will close by 5 p....

Full Story


Events