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.


45° 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

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
 

View business

You may also like

Hy-Vee Announces Updates To Sioux Falls Stores

5/27/2015 10:24 AM

There are big plans for the seven Hy-Vee grocery stores in Sioux Falls.

Full Story
Ford Recalls Nearly 423K Vehicles For Power Steering Problem

5/27/2015 3:06 PM

Ford is recalling nearly 423,000 cars and SUVs in North America because the power-assisted steering can fail while they're being driven.

Full Story
Software Glitch Can Cause iPhones To Crash

5/27/2015 3:23 PM

A newly-discovered glitch in Apple's software can cause iPhones to mysteriously shut down when they receive a certain text message.

Full Story
Flights Cut/Airfares Rise Out of Sioux Falls

5/26/2015 10:10 PM

Just last summer, KELOLAND News reported that more people were flying Frontier. The discount airline had daily flights to Denver that were more than 9...

Full Story | Watch
Women's Clothier Torrid Coming To Empire Mall

5/26/2015 1:35 PM

Construction is scheduled to begin in July, and the store plans to open in early fall. 

Full Story


Events