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.


66° 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

July 31, 2012, 5:37 AM

Tuesday Morning Business Brief

Wall Street saw stocks drift lower in Monday trading. The Dow fell nearly 3 points to 13,073. The S&P was down a fraction, while the Nasdaq lost 12 points.

  • World stocks were mostly higher today, kept aloft by mounting expectations that European policymakers would unleash powerful measures to battle the continent's debt crisis. In early European trading, stocks are up in Germany, but down in Britain and flat in France. Earlier, Asian markets closed higher.
  • Oil fell to near $89 a barrel today in Asia as investors wait to see if European finance chiefs deliver on bold talk of saving the euro. Benchmark crude was down 32 cents at $89.46 a barrel at midafternoon Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell 35 cents to $89.78 on Monday in New York.
  • The Federal Reserve appears to be moving toward announcing some new step to try to energize the troubled U.S. economy. But what that action might be and when it'll take it isn't clear. Chairman Ben Bernanke has said the Fed is prepared to take further action if unemployment stays high. But experts say the economy hasn't slowed enough to take action right now. The Fed meets today and tomorrow.
  • A jury has been selected to hear Apple's claims that Samsung Electronics' smartphones and computer tablets are illegal knockoffs of the iPhone and iPad. Lawyers for both sides are expected to make opening statements today in a federal courtroom in San Jose, Calif.

Visit the Back To Business page of KELOLAND.com for your local business news.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Former Sioux Falls Executive Investigated For Animal Abuse

8/28/2014 4:15 PM

A former Hot Stuff/Orion Foods President is being investigated for dog abuse in Canada.

Full Story
Westward Ho Country Club Changes Name

8/28/2014 12:56 PM

The Westward Ho Country club in Sioux Falls is changing its name to The Country Club of Sioux Falls.  Members were notified of the change on Thur...

Full Story
Cattle Spooked By LifeLight Noise

8/30/2014 3:58 PM

Farmers say the annual music event is louder this year, and it's causing some problems with their cattle.

Full Story
Sanford And First PREMIER Bank Hosting Concert For Employees

8/29/2014 11:30 AM

Employees from two Sioux Falls employers have an opportunity to see a private concert with two country headliners at the Denny Sanford PREMIER Center.

Full Story
Kraft Recalls American Cheese Singles

9/1/2014 3:59 PM

Before you pack those Kraft American Singles in your child's lunch, you'll want to check the date on the package.

Full Story


Events