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.


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

RADAR LOCATION

TEMPERATURE LOCATION

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

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Wednesday Morning Business Brief

January 23, 2013, 5:32 AM

Wednesday Morning Business Brief

Strong earnings reports from big U.S. companies helped push the Dow Jones industrial average to its eighth gain in nine sessions today. The Dow closed up 62.51 points, or 0.5 percent, at 13,712.21. The Standard & Poor's 500 index gained 6.53, or 0.4 percent, to 1,492.51. The Nasdaq composite average rose 8.47, or 0.3 percent, to 3,143.18. Benchmark crude oil rose to surpass $96.

  • World stock markets fell today ahead of a U.S. vote on raising the nation's borrowing limit. Analysts say, however, that stocks have room for gains if U.S. lawmakers make progress on raising the debt ceiling. The Nikkei tumbled 2.1 percent. Benchmark crude oil fell but was still over $96 a barrel. The dollar was up against the euro fell but against the yen.
  • House Republicans are regrouping on the debt limit in an attempt to delay a showdown next month that they feared they might lose. The House votes today on GOP-sponsored legislation that would give the government enough borrowing leeway to meet three months' worth of obligations. That means putting aside for now attempts to extract spending cuts from Democrats in return for an increase in the borrowing cap.
  • Prime Minister David Cameron says he'll offer British citizens a vote on whether to leave the European Union if his party wins the next election. It's a move that could trigger alarm among fellow member states. In a speech today in central London, Cameron said public disillusionment with the EU is "at an all-time high" and that terms of Britain's membership in the bloc should be revised and the country's citizens should have a say.
  • Wal-Mart Stores Inc. has alerted its global suppliers that it will immediately drop them if they subcontract their work to factories that haven't been authorized by the discounter. Wal-Mart's stricter contracting rule, along with other changes to its policy, comes amid increasing calls for better safety oversight after a deadly fire at a Bangladesh factory that supplied clothing to Wal-Mart and other retailers.

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

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Millions Of Android Phones At Risk For Heartbleed

4/15/2014 4:10 PM

If you've got an Android phone, your device could be susceptible to the Heartbleed security problem.

Full Story
Shrimp Prices Soar

4/16/2014 11:00 AM

The next time you order shrimp scampi of the menu, you may be in for sticker shock. 

Full Story
Headliners For JazzFest Announced

4/17/2014 10:54 AM

Plans are in place for JazzFest 2014 in Sioux Falls.

Full Story
Key Unlocks Gas Pumps For ID Thieves

4/14/2014 10:10 PM

Drivers who've fueled up in Rapid City are being warned that their debit and credit card numbers may have been stolen after "numerous" s...

Full Story | Watch
Eric Church Concert Near-Sellout Within Minutes

4/18/2014 5:55 PM

The first ticket sale to an event at the new Denny Sanford PREMIER Center proved to be a boon at the box office Friday

Full Story | Watch


Events

 
 
KELOLAND TV: 501 S. Phillips Avenue, Sioux Falls, SD 57104
Phone: 605.336.1100 · Breaking News call: 1-800-888-5356
Web Site Design and Custom Programming By: Lawrence & Schiller© 2014 KELO-TV -- KELOLAND.COM -- ALL RIGHTS RESERVED