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.


59° 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!

 

Wednesday Evening Business Brief

January 9, 2013, 5:29 PM

Wednesday Evening Business Brief
  • Stocks are closing higher, boosted by encouraging quarterly results from several well-known companies. The Dow Jones industrial average rose 61 points to close at 13,390 today. The S&P 500 rose three and the Nasdaq composite rose 14. Airplane maker Boeing rose 3.5 percent after falling for two days because of worries about technical problems with its 787s.
  • The price of oil barely budged today. Benchmark oil slipped 5 cents to end at $93.10 per barrel in New York trading. After rising on the year's first trading day following the resolution of a budget standoff in Washington, oil has been holding around $93.
  • Labor Secretary Hilda Solis is resigning. She says she plans to return to her native California. Solis is expected to run for a seat on the Los Angeles County Board of Supervisors. She's been praised by unions for aggressive enforcement of wage and hour laws and job safety regulations. But criticized by business groups for not taking a more cooperative approach.
  • A firm that analyzes customer traffic says retail sales climbed 2.5 percent for the November and December period, boosted by a last-minute shopping surge. According to preliminary sales data, Chicago-based ShopperTrak says shoppers spent $248.8 billion. The data offers more evidence that the holiday shopping season was respectable but not robust.
  • An Argentine naval ship detained for more than two months in Ghana because of a billion-dollar international debt dispute is back home. Ghana courts had ordered the ship held in October on a claim by a Cayman Islands-based hedge fund owned by an American billionaire. But a U.N. tribunal ordered the ship's release last month after Argentina argued that warships are immune from seizure.

Read more business stories in the Back To Business page.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Allegiant Air Pilot Pleads With Tower To Make Emergency Landing

7/29/2015 1:58 PM

An Allegiant Airlines pilot declared a fuel emergency and had to land at a North Dakota airport even though the airport was closed for the Blue Angels...

Full Story
Lick The Spoon Closes East Side Location

7/29/2015 9:53 AM

Just a year after opening on East 10th Street and Bahnson Avenue in Sioux Falls, Lick The Spoon restaurant has closed its doors.  Angela Becker o...

Full Story
Filly Flair Set To Open Sioux Falls Store On Saturday

7/30/2015 5:18 PM

A successful online retailer is opening her first brick and mortar shop in Sioux Falls.

Full Story
Famous Wine Maker Planning Sioux Falls Development

7/29/2015 1:00 PM

Barber tells KELOLAND News while the plans still have yet to be finalized, they call for a couple of apartment buildings with eight to 12 units, as we...

Full Story
Duluth Trading Co. Coming To Downtown Sioux Falls

7/28/2015 4:35 PM

The Duluth Trading Company is coming to a newly remodeled downtown building on Phillips Avenue in Sioux Falls.  

Full Story


Events