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.


67° 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 Morning Business Brief

September 26, 2012, 5:47 AM

Wednesday Morning Business Brief

The power of the Federal Reserve was in evidence yesterday as Wall Street suffered its worst sell-off in three months. The president of the Philadelphia Fed branch said he doubted the success of the central bank's attempt to foster growth and lower unemployment. That sent the Dow down 101 points to 13,458. The S&P lost 15, the worst drop since late June. Futures trading suggests a lower opening.

  • International stock markets dove today after pessimism about global growth prospects sparked Wall Street's worst sell-off in three months. The dollar rose against the euro but fell against the yen. Benchmark crude oil fell below $91 a barrel.
  • An update on the housing market is due today from the government. The report on tap this morning covers August new home sales.
  • A general strike is on in Greece to protest punishing austerity measures demanded by rescue creditors. It's the first general strike since the country's coalition government was formed in June. The protest will halt flights for hours and shut down everything from schools, ferry services and hospitals to shops and customs offices.
  • The already intense tablet wars are about to ratchet up even more. Barnes & Noble is rolling out two new versions of its Nook tablet with sleek new hardware and a sharper high-definition screen. The 7-inch version weighs in at $199 for starters while the 9-inch model starts at $270. The new Nooks are available for pre-order starting today.

For the latest local business news, visit 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

Huset's Speedway Purchased By Badlands Group

4/21/2015 5:18 AM

The longtime sprint car track near Brandon will be renamed Badlands Motor Speedway after the 2015 season.

Full Story
Huset's Speedway Sold

4/21/2015 6:00 PM

Started back in the late 1950s, Huset's Speedway is almost as old as the dirt the cars race on.  But that's about to change.

Full Story | Watch
Multi-Million Dollar Athletic Center Planned For Sioux Falls

4/21/2015 5:03 PM

Plans are in the works for a 40,000 square foot athletic training center in southeast Sioux Falls.  With the Pentagon and the new tennis facility...

Full Story | Watch
Amazon Distribution Center In Shakopee Could Employ 1,000

4/22/2015 6:03 AM

The online retailer is asking the city of Shakopee for about $5 million in tax breaks to build the 820,000-square-foot center and warehouse.

Full Story
New Men's Clothing Store

4/23/2015 10:21 PM

Downtown Sioux Falls has a new clothing store.  J.H. and Sons opened its doors along Phillips Avenue on Thursday night. 

Full Story


Events