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.


61° 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!

 

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

Huset's Speedway Purchased By Badlands Group

4/21/2015 5:18 AM

The longtime sprint car track near Brandon will be renamed Badlands Motor Speedway after the 2015 season.

Full Story
Shoppers Swarm Target For Designer Product Line

4/20/2015 1:14 PM

The retailer released its Lilly Pulitzer for Target collection, and many stores were sold out within minutes.

Full Story
Huset's Speedway Sold

4/21/2015 6:00 PM

Started back in the late 1950s, Huset's Speedway is almost as old as the dirt the cars race on.  But that's about to change.

Full Story | Watch
Multi-Million Dollar Athletic Center Planned For Sioux Falls

4/21/2015 5:03 PM

Plans are in the works for a 40,000 square foot athletic training center in southeast Sioux Falls.  With the Pentagon and the new tennis facility...

Full Story | Watch
Amazon Distribution Center In Shakopee Could Employ 1,000

4/22/2015 6:03 AM

The online retailer is asking the city of Shakopee for about $5 million in tax breaks to build the 820,000-square-foot center and warehouse.

Full Story


Events