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.


19° 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 30, 2012, 5:26 PM

Tuesday Evening Business Brief

The New York Stock Exchange is to open for regular trading Wednesday after being shut down for two days because of Hurricane Sandy. In a statement, the NYSE said its building and trading floor are fully operational and that normal trading will resume at the usual starting time of 9:30 a.m eastern time.

  • Disney is paying more than $4 billion to buy Lucasfilm, the company behind "Star Wars", from chairman and founder George Lucas. It also announced plans for a new "Star Wars" movie due for release in 2015 with episodes 8 and 9 following after that, completing Lucas' original vision for a nine-episode saga.
  • One estimate suggests that Sandy will end up causing about $20 billion in property damages and between $10 billion to $30 billion more in lost business. Economists say the hit to the economy in the short run is made worse by the size of the population centers the storm hit.
  • Eight oil refineries that comprise about 8 percent of U.S. refining capacity are in the area hit by Hurricane Sandy. Nearly all of them were affected by the superstorm. Most shut down or ran at reduced rates and are cranking up to normal operations. Two have no power and it's unclear when they will be back online.
  • IBM says its board had added $5 billion to its stock buyback program. That brings IBM's total buyback plans to nearly $12 billion.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Auto Dealer Chain To Pay Fine For Deceptive Ads

12/12/2014 11:41 AM

A family-owned chain of automobile dealerships located in Iowa, Montana and South Dakota will pay a $360,000 civil penalty for running deceptive ads.

Full Story
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


Events