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.


61° 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 Morning Business Brief

September 4, 2012, 5:40 AM

Tuesday Morning Business Brief

Wall Street comes back to work after a long holiday weekend. The market saw a gain for the key averages for the week, as well as for the month of August.

  • World stock markets have fallen Tuesday because of uncertainty about what authorities in the U.S., China and Europe might do to deal with a souring global economy. Stocks had posted gains on Monday based on assumptions that a contraction in China's manufacturing for August would be followed by the announcement of new measures to bolster growth. But the People's Bank of China appears to be resisting calls for more aggressive measures. European stocks have followed Asian markets lower.
  • A weaker dollar boosted oil prices Tuesday even as a resumption of refinery operations in the Gulf of Mexico in the aftermath of Hurricane Isaac eased concerns over supply disruptions. The Bureau of Safety and Environmental Enforcement said Monday that 800,000 barrels per day of oil production remained offline, 58 percent of Gulf of Mexico production. No major damage as reported.
  • A key reading on the U.S. manufacturing sector is due today from the Institute for Supply Management. Also today, figures on August car sales are expected from the major manufacturers.
  • Toys R Us is launching a layaway program Tuesday that waives its service fee and minimum purchase requirement. The move is intended to counter tough competition from online retailers. Retailers will be pulling out all the stops for customers as the intensely competitive holiday season approaches.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Bear Shatters Glass Wall At Minnesota Zoo

7/6/2015 2:50 PM

A grizzly bear at the Minnesota Zoo repeatedly slammed a 50-pound rock into the glass wall of its enclosure, cracking the thick pane separating the be...

Full Story
New Laws Bring Changes To Commercial Driver's Licenses

7/1/2015 6:52 AM

The new regulations raise the minimum age to apply for a commercial driver's license from 16 to 18.

Full Story
Don't Twist That Oreo: Cookie Gets Skinny, 'Sophisticated'

7/6/2015 10:06 AM

Oreos are getting a skinny new look, and its maker says the new cookie is a "sophisticated" snack for grown-ups that isn't meant to be t...

Full Story
Starbucks: Prices For Some Drinks To Go Up By 5 To 20 Cents

7/6/2015 2:06 PM

Starbucks says it's hiking prices again starting Tuesday, with the increases ranging from 5 to 20 cents for most affected drinks.

Full Story
Microbrewery Joins Downtown Retail Incubator Program

6/30/2015 4:46 PM

The Downtown Sioux Falls Retail Incubator Program is expanding.

Full Story


Events