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.


60° 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

May 13, 2014, 6:03 AM

Tuesday Morning Business Brief

Wall Street investors have regained their appetite for riskier stocks. Among the big gainers Monday were Twitter and Facebook, which had plunged in March and April. The Standard & Poor's 500 index rose 18.17 points to finish at an all-time high. The Dow also broke a record, gaining 112.13 points to end at 16,695.47. Futures point to a muted opening.

  • International stock markets rose today after Wall Street indexes hit record highs, with Japan's Nikkei 225 leading gains as the yen weakened. Benchmark crude oil was unchanged, remaining above $100.50 a barrel. The dollar gained against the yen and the euro.
  • The Commerce Department releases a pair of reports today. Retail sales data for April will come out at 8:30 a.m. Eastern time, followed by business inventories for March at 10 a.m. EDT.
  • The U.S. treasury secretary pressed China on Tuesday to ease exchange rate controls and lower barriers to trade and investment. In a statement, Jacob Lew says China should "demonstrate a renewed commitment to move to a more market-determined exchange rate." Lew is in Beijing to meet with Chinese economic officials.
  • A European court has ruled that Google must amend some search results at the request of ordinary people when they show links to outdated, irrelevant information. The ruling is considered an important test of the so-called "right to be forgotten." The Court of Justice of the European Union says Google has control of individuals' private data. Google argued that it doesn't. The court said users may approach Google to request links to personal data be removed.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story
Simply Mac Coming To Sioux Falls

7/28/2014 1:12 PM

Apple users will soon have another option for sales and service support.

Full Story
Dawley Farm Village Expands

7/25/2014 10:10 PM

If you don't live on the Sioux Falls east side, or haven't taken a drive over there lately, you may not have noticed all the new businesses.

Full Story | Watch


Events