User uShare 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.

57° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options



Share your Photos, Videos, and Stories on uShare! Click here to get started.


[0] My Saved Articles
Back to all news


Find local businesses
on the KELO Pages!


Most Popular Today

Wednesday Evening Business Brief

July 16, 2014, 7:48 PM

Wednesday Evening Business Brief

NEW YORK (AP) - Stocks are closing higher following strong earnings results and deal news from big U.S. companies. The gains pushed the Dow Jones industrial average to its second record high close this month. The Dow rose 77 ½ points to 17,138, beating the record high close it set on July 3. The S&P 500 index rose eight points to 1,981. The Nasdaq rose 9 ½ points to 4,425.

  • Oil prices are up today on a large drain in U.S. oil inventories and a slight improvement in economic growth in China. Benchmark U.S. crude for August delivery rose $1.24 to close at $101.20 a barrel in New York. Brent crude, a benchmark for international oils, fell 17 cents to $105.85 on the ICE exchange in London on the last day for the August contract.
  • General Motors is the first big automaker to support legislation barring rental-car companies from renting or selling vehicles subject to a recall. GM's support was announced today by Sen. Charles Schumer, who authored the bill. Schumer says GM endorsed the bill after language was inserted clarifying that automakers wouldn't face liability when they repaired rental cars.
  • U.S. officials say the Obama administration is levying deeper sanctions on Russia. Washington believes Moscow is backing the insurgency in eastern Ukraine. The sanctions are expected to target key areas of Russia's economy, including the defense industry. But officials say the penalties stop short of fully cutting off sectors of the Russian economy.
  • European Union leaders are ordering tougher sanctions against Russia because of its actions in Ukraine, asking the European Investment Bank to sign no new financing agreements with Moscow. The leaders also agreed to act together to suspend financing of the new European Bank for Reconstruction and Development operations in Russia.

Previous Story

Next Story



View business

You may also like

State's Termination Letter To Educational Cooperative

9/28/2015 11:59 AM

The letter, signed by Deptartment of Education Secretary Melody Schopp, lists eight reasons for the decision not to continue to steer federal grant mo...

Full Story
Melmer Answers Questions About GEAR UP Work

9/28/2015 6:05 PM

Mid Central got $16.5 million in federal money through the state in the last ten years to administer the GEAR UP program to encourage Native American ...

Full Story | Watch
Stacy Phelps Resigns From Board of Education

10/2/2015 3:14 PM

Phelps administered the GEAR UP program which prepared and encouraged Native American students to enroll into higher educaton.

Full Story
Sioux Falls Floral Shop Fills Special Order For Elton John

10/1/2015 4:48 PM

Sir Elton John will be surrounded by beautiful flowers during his stop in Sioux Falls.

Full Story
Following The GEAR UP Grant Money

9/29/2015 6:10 PM

Mid Central Educational Cooperative dispersed the grant money since 2005 to two organizations to run the GEAR UP program, under business manager Scott...

Full Story | Watch