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.


70° 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

Capital One Closing In Sioux Falls

7/23/2015 12:12 PM

Employees were told Thursday that the credit card company will close its Sioux Falls office by the end of the year.

Full Story
New Pizza Chain Coming To Sioux Falls

7/22/2015 4:15 PM

Wisconsin-based chain, Toppers Pizza is going into a strip mall on South Minnesota Avenue in Sioux Falls. 

Full Story
Fiat Chrysler To Pay Record Recall Fine

7/27/2015 9:32 AM

The settlement also forces the car maker to repurchase more than half a million Ram pickup trucks built between 2008 and 2012 because defective steeri...

Full Story
Picker's Flea Market Closing, Celebrate Church Expanding

7/24/2015 2:15 PM

Thorson ran several shops in Yankton before opening a store in Sioux Falls. The store will close August 16.

Full Story
Capital One Employees Get News Of Layoffs

7/23/2015 6:00 PM

Capital One is pulling out of Sioux Falls, leaving 750 people out of jobs, and the company is blaming our state's worker shortage.  

Full Story


Events