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.


40° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Winter weather returns early this week.  Storm Center Update

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Tuesday Evening Business Brief

December 27, 2011, 5:21 PM

Tuesday Evening Business Brief
Stocks fell slightly in light trading amid mixed economic news. The Dow industrials lost 2.65 points, or 0.02 percent, to close at 12,291. The S&P 500 was up a fraction, or 0.01 percent, at 1,265. And the Nasdaq rose 6.56 points, or 0.3 percent, to 2,625.
  • The Obama administration is refusing to label China a currency manipulator. The Treasury Department says the Chinese yuan (yoo-AHN') appreciated 12 percent against the dollar in the past 18 months. But Treasury agrees the yuan is still "substantially undervalued."
  • Improved economic news in the U.S. and tension in the Middle East pushed oil prices above $100 a barrel. Benchmark crude in New York rose $1.66 to $101.34. In London, Brent crude finished above $109 a barrel. Trading was light.
  • A $553 million settlement has been announced concerning inflated prices for the liquid crystal display screens used in TVs and computer monitors. Officials in eight states accused seven companies based in Asia of conspiracy. The settlement includes Samsung, Epson, Sharp, and Hitachi.
  • The New York Times Co. says it's selling its Regional Media Group to Halifax Media Holdings LLC for $143 million. The media group includes 16 small, regional newspapers including The Press Democrat in Santa Rosa, Calif.; the News Chief in Winter Haven, Fla.; and The Tuscaloosa News in Tuscaloosa, Ala.

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