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.


62° 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

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

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