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.


65° 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 Morning Business Brief

February 21, 2012, 5:42 AM

Tuesday Morning Business Brief
Back to work for Wall Street after a three-day holiday weekend, with investors to test whether the Dow can approach the 13,000 level. It has not been above that benchmark since mid-2008. The key averages posted gains last week of 1.2 to 1.7 percent.
  • Economic reports are few this week, but the focus will be on the housing market. Tomorrow, the National Association of Realtors releases sales of previously-owned homes. On Friday, the Commerce Department reports on new home sales.
  • World stock markets are mostly lower even as European leaders finally reached a deal for a rescue package to prevent Greece from going belly up. Benchmark oil is hovering near $105 per barrel while the dollar is down against the euro but up against the yen.
  • After 12 hours of negotiations, countries in the eurozone agreed to give Greece $170 billion in bailout funds, but first, Greece will have to make cuts and reforms it promised. And, within a couple of months, Greece will have to pass a new law that gives paying off the country's debts legal priority over funding government services.
  • The lawyer for a company suing Apple in China over its use of the iPad trademark has indicated his client would be willing to discuss a settlement. A hearing is set for tomorrow in Shanghai over Shenzhen Proview Technology's claim that it owns the iPad name. Apple says it brought the rights to the name.

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
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
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
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