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.


63° 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

August 27, 2014, 5:53 AM

Wednesday Morning Business Brief

International stock markets were mixed today after the latest record close for the Standard & Poor's 500, with Europe off to a shaky start despite a strong day in Asia. Analysts say investors remain cautious over the outlook for China and Japan. The dollar fell against the euro and the yen. Benchmark U.S. crude oil rose above $94 a barrel.

  • Investors can wonder what's next after another milestone for the S&P 500. It closed yesterday slightly above 2,000 points. And the record was reached 16 years after the S&P closed above 1,000 points for the first time. The Dow Jones industrial average rose 29.83 points, or 0.2 percent, to close at 17,106.70. And the Nasdaq composite gained 13.29 points, or 0.3 percent, to close at 4,570.64. Futures point to a higher Wall Street opening today.
     
  • Malaysia is preparing to unveil the latest overhaul of its beleaguered state-owned airline, which is reeling from twin disasters months apart that killed hundreds of passengers. The state investment company that owns 69 percent of Malaysia Airlines, said in early August it will announce details of the overhaul by the end of this month. Analysts expect the company to slash jobs, drop money losing routes to Europe and China, and replace top management.
     
  • A closely-watched survey shows economic expectations among German consumers have "completely collapsed" over concerns about the conflicts in Iraq, Israel and Ukraine. The GfK institute says its latest index of economic expectations slid 35.5 points in August to 10.4 - the largest one-month decline since the survey began in 1980.
     
  • West Coast dockworkers and their employers say they have reached a tentative agreement on the difficult issue of health care, a major hurdle in contract negotiations at the ports that are vital to U.S. trade. In a joint statement announcing the tentative deal, the International Longshore and Warehouse Union and an association representing shipping lines said it depended on resolving other issues.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Woman Stands Up to Cyber Bullies After Man Calls Her 'Too Muscular'

8/26/2015 5:05 PM

A woman who builds up her body has a message for cyber bullies who tear others down.

Full Story | Watch
Sioux Falls Businesses Flooded

8/28/2015 6:00 PM

Homeowners aren't the only ones cleaning up flood water.  Many businesses were also flooded out in Thursday night's storm.  In fact,...

Full Story | Watch
Former School For The Deaf Campus Has New Buyer

8/27/2015 4:50 PM

A historic piece of property on East 10th Street in Sioux Falls has a new owner.

Full Story
Brown County Commission To Look For New Fair Manager

8/25/2015 12:15 PM

The Brown County Fair Manager has been let go.

Full Story
Casino Going In To 85th And Louise Strip Mall

8/27/2015 11:41 AM

A casino is the first signed tenant for Raintree On Louise at 85th Street and Louise Avenue.

Full Story


Events