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.


69° 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 23, 2014, 6:00 AM

Wednesday Morning Business Brief
NEW YORK -

A series of better-than-expected quarterly earnings reports helped push the stock market higher yesterday. Investors also were heartened by government reports showing little sign of inflation. The Dow Jones industrial average rose nearly 62 poiints and the Nasdaq composite advanced 31.31 points. Futures point to modest opening gains.

  • International stock markets mostly rose today as investors turned their focus to solid U.S. earnings and home sales as tensions appeared to ease between Russia and West over the crash of a civilian airliner in Ukraine. Benchmark crude oil fell but remain above $102 a barrel. The dollar sluipped against the euro and the yen.
     
  • Quarterly earnings reports are due today from Facebook Inc.,AT&T, PepisCo Inc., and Delta Air Lines Inc., among others. In Congress, hearings will be held on the Environmental Protection Agency's proposed carbon pollution standards for power plants, domestic aviation manufacturing and legislation focusing on consumer protections and safety for cruise ship passengers.
     
  • Regulators are expected to vote today to end a longtime staple of the investment industry - the fixed $1 share price for money-market mutual funds - at least for some money funds used by big investors. The idea is to minimize the risk of a mass withdrawal from the funds during a financial panic. The Securities and Exchange Commission may also vote to let money funds block withdrawals during periods of stress or impose new fees for withdrawals. Individual investors likely won't be affected.
     
  • A law enforcement official and online marketplace StubHub say cyber thieves got into more than 1,000 customers' accounts and fraudulently bought tickets for events. The official told The Associated Press that arrests are expected in a case that sprawls across international borders. The official wasn't authorized to discuss the case ahead of arrests being announced and spoke on the condition of anonymity.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Historic Sioux Falls Building For Sale

9/15/2014 4:24 PM

The Carpenter Building on South Phillips Avenue in Sioux Falls is for sale for $4.2 million.

Full Story
SF Judge Considering Another Walmart Lawsuit

9/19/2014 5:41 PM

Homeowners believe the City of Sioux Falls didn't live up to its promise of having a conditional use permitting process for the new store proposed...

Full Story | Watch
Sioux Falls Named 41st In Best Small To Midsize Cities List

9/15/2014 1:43 PM

Sioux Falls comes in at number 41 on Livability.com's list of the nation's best small to midsized cities.

Full Story
Unbridled Business

9/15/2014 10:10 PM

Most of us think of successful online retailers as being located in big cities.  But the truth is when your customers are on the Internet, you ca...

Full Story | Watch
Great Outdoor Store Recognized By National Magazine

9/17/2014 3:33 PM

Outdoor USA Magazine is giving high marks to a Sioux Falls store.

Full Story


Events