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

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Most Popular Today


Tuesday Morning Business Brief

October 2, 2012, 5:46 AM

Tuesday Morning Business Brief

Stocks closed mixed in Monday trading, failing to maintain the strong rally seen earlier in the session. The Dow added 78 points to 13,515. The S&P was up nearly 4 points, while the Nasdaq slipped 3 points. Futures trading suggests a higher opening today.

  • International stock markets lost momentum today as investors weighed an improvement in U.S. manufacturing against the possibility Spain's government debt will be downgraded to junk status. Benchmark crude oil rose to near $93 per barrel. The dollar fell against the euro but rose against the yen.
  • No major economic data is due out today. The automakers release their monthly car and truck sales figures, and they're expected to be strong.
  • The National Retail Federation predicts sales growth during the upcoming holiday shopping season, but not as much as the last two years. If they're right, holiday shopping could be on track for the smallest growth increase since 2009. Consumer spending accounts for up to 70 percent of economic activity.
  • Samsung and Apple are still slugging it out in court. South Korea's Samsung says it has filed a motion with a U.S. court in California to add Apple's iPhone 5 to their ongoing patent battle. Samsung says Apple's new phone infringes on eight of its patents. The two companies are locked in a struggle for supremacy in the global smartphone market.

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