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.


69° 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 Evening Business Brief

October 16, 2012, 5:18 PM

Tuesday Evening Business Brief
  • Stocks posted a solid advance today, between some better than expected earnings and word that inflation remains in check. The Dow gained 128 points to 13,552. The S&P rose 15 points to 1,455, while the Nasdaq surged 37 to 3,101.
  • The Federal Reserve reports that industrial production rose 0.4 percent last month, bouncing back after a decline in August. Factory output rose only slightly in September.
  • Apple has sent out invitations for an event next Tuesday.  It is expected to unveil plans to sell a smaller iPad.
  • European regulators have asked Google to clarify its new privacy policy and to make it easier for users to opt out of it. At issue are concerns that the web giant may be collecting too much data and holding it for too long.
  • Facing weak sales and mounting losses, Massachusetts-based electric-car battery maker A123 Systems has filed for bankruptcy protection and reached a deal to sell its automotive assets. Auto parts maker Johnson Controls will pay $125 million for A123's auto business. That includes two Michigan factories and lithium-ion battery technology used in cars like the Fisker Karma and upcoming Chevrolet Spark.

Read more business stories on the Back To Business page

Previous Story

Next Story




Sponsored
 

View business

You may also like

Takata Air Bag Recall Becomes Biggest Ever In US

5/20/2015 5:19 AM

Takata's decision to add more than 18 million air bags to existing recalls comes following pressure from U.S. safety regulators.

Full Story
South Minnesota Ave. Burger King To Be Torn Down For Strip Mall

5/19/2015 2:06 PM

Demolition of the Burger King building will get underway June 1 and the strip mall will be complete in mid-October.  

Full Story
Moe's Southwest Grill Looks To Open Restaurant In Sioux Falls

5/18/2015 4:18 PM

The Mexican franchise Moe's Southwest Grill has picked a location in Sioux Falls, but has yet to seal the deal.  Moe's Southwest Grill st...

Full Story
Buildings Being Torn Down on 41st Street For New Strip Mall

5/19/2015 4:10 PM

A new strip mall is coming to 41st Street across from the Western Mall.  Lloyd Companies is taking out the K & H Car Wash, Mobil gas station ...

Full Story
Raven Industries Sales And Profits Significantly Down

5/19/2015 9:45 AM

Raven Industries is reporting significant first quarter profit losses.  Raven's net sales were down 31.4 percent to $70.3 million. Raven'...

Full Story


Events