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.


18° 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

December 4, 2012, 5:51 AM

Tuesday Morning Business Brief

Stock prices lost ground on Wall Street in Monday trading. The Dow fell 60 points to 12,966. The S&P dropped nearly 7, while the Nasdaq lost 8 points. Futures rose slightly this morning.

  • International stock markets meandered today as traders weighed a surprise drop in U.S. factory production against hopes that the U.S. will avoid the so-called fiscal cliff. Benchmark crude oil fell below $89 per barrel. The dollar rose against the euro but fell against the yen.
  • European Union finance ministers say they hope to have a deal by the end of the year that will give the European Central Bank wide-ranging authority to better deal with future financial crises. They're trying to set up a united banking supervisor but remain divided over whether the ECB should oversee all banks or only the largest.
  • The leader of an anti-bailout party leading opinion polls in Greece has called for a delay in the repayment of rescue loans until the country emerges from its major recession, which is heading into a sixth year. Alexis Tsipras, leader of the main opposition Radical Left Coalition Party, argued austerity policies pursued by the three-party coalition government will weaken Greece's economy and leave the country more reliant on emergency loans.
  • The United States is leading an effort at the international Internet conference to reject any proposed oversight revisions. American envoys say they are working with other nations on a proposal to drop all discussions of possible regulations. The concern is new rules could complicate commerce and be used by some nations to justify further cyber-crackdowns.

You can find more business news on the Back to Business page of KELOLAND.com.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Auto Dealer Chain To Pay Fine For Deceptive Ads

12/12/2014 11:41 AM

A family-owned chain of automobile dealerships located in Iowa, Montana and South Dakota will pay a $360,000 civil penalty for running deceptive ads.

Full Story
National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story


Events