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.


40° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

Winter weather returns early this week.  Storm Center Update

 

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Wednesday Morning Business Brief

July 2, 2014, 5:56 AM

Wednesday Morning Business Brief
NEW YORK -

Wall Street is starting the day on a high note today, following yesterday's all-time high. The Dow Jones industrial average climbed within two points of 17,000 for the first time. The Dow gained 129.47 points, or 0.8 percent, to 16,956.07. The S&P 500 rose 13.09 points, or 0.7 percent, to 1,973.32. And the Nasdaq composite rose 50.47, or 1.1 percent, to 4,458.65. Futures point to gains at this morning's opening.

  • International stock markets are mostly higher today on improved U.S. and Chinese economic activity. Benchmark U.S. crude oil rose to just under $105.50. The dollar fell against the yen and gained against the euro.
     
  • Xi Jinping's first visit to the Korean Peninsula as China's president is to Seoul, not Pyongyang, meaning that North Korea's best friend has snubbed it for its most bitter rival -- and it hasn't gone unnoticed. The north has unleashed a flurry of rocket and missile tests, including one today. The meeting tomorrow highlights Beijing's interest in nurturing booming economic ties with Seoul, while sending Pyongyang a message about its destabilizing pursuit of nuclear weapons.
     
  • T-Mobile US says federal regulators have their facts wrong over allegations of cramming -- the practice of charging customers for premium services, like horoscope texts and quirky ringtones that customers never authorized. The Federal Trade Commission says it's suing the carrier, accusing T-Mobile of working with the third party vendors.
     
  • Two major Las Vegas resorts will be completely overhauled and rebranded in another sign that the entertainment capital is emerging from its recession doldrums. Caesars Entertainment announced Tuesday that it's investing $223 million to overhaul The Quad, an aging 2,256-room hotel on the Las Vegas Strip. In a separate announcement, timeshare company Westgate Resorts said it had purchased the LVH, a hard-hit property that was formerly known as the Las Vegas Hilton.

Previous Story

Next Story




Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

National Attention For Sioux Falls Bakery

12/15/2014 9:56 AM

A Sioux Falls bakery is getting more national recognition.  CH Patisserie has been named one of the top 75 bakeries in the nation by The Daily Me...

Full Story
Cliff Hangers Gallery Closes; Customers Want Items Back

12/15/2014 10:10 PM

For more than two decades, Cliff Hangers Gallery has been a fixture in Sioux Falls.  A couple of years ago, the business moved from Park Ridge Ga...

Full Story | Watch
What Will Cost More/Less In 2015

12/16/2014 1:36 PM

Industry experts say gasoline prices will continue to fall in 2015, but other prices are expected to rise.

Full Story
Denny Sanford To Donate $25 Million For Scholarship Program

12/16/2014 4:30 PM

Philanthropist T. Denny Sanford is donating $25 million to South Dakota for a scholarship program for the state's technical schools.&nbs...

Full Story
Denny Sanford's Multi-Million Solution To Worker Shortage

12/16/2014 10:04 PM

Sanford's money provides half of the funds for a $50 million scholarship program at the state's technical schools to train workers to fill job...

Full Story | Watch


Events