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.


29° 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!

 

Friday Morning Business Brief

April 13, 2012, 5:58 AM

Friday Morning Business Brief

Wall Street needs a two-day rally to continue if it is to make this a positive week for the key averages. In Thursday trading, the Dow gained 181 points, or 1.4 percent, to 12, 986. The S&P was up 19, while the Nasdaq surged 39 points.

  • Asian markets rallied today, despite news that China's economy during the first quarter fell to its lowest level in nearly three years. The Shanghai Composite Index edged up 0.3 percent and the smaller Shenzhen Composite Index added 0.6 percent. But European markets are down.
  • Oil prices fell to near $103 a barrel in Asia today. Benchmark oil for May delivery was down 49 cents to $103.15 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 94 cents to settle at $103.64 in New York on Thursday. Brent crude for May delivery was down 34 cents at $121.18 per barrel in London.
  • Federal Reserve Chairman Ben Bernanke travels to the Princeton Club in New York today to talk about the financial crisis. Also this morning, the Labor Department releases the consumer price index, a gauge of inflation at the retail level.
  • Whole Foods plans to open a 20,000-square-foot supermarket in Detroit's Midtown next year. The upscale natural and organic grocery chain is facing a challenge, since Detroit has suffered from unemployment, decay, crime and population loss. But the city's Midtown section has Wayne State University, the Detroit Medical Center and several cultural institutions.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Empire Mall Burger King Closes

3/22/2015 2:30 PM

The Burger King inside The Empire Mall in Sioux Falls is closing Sunday, March 22.

Full Story
Speed Limit Sign Changes

3/25/2015 6:06 PM

The speed limit is only going up on stretches of road where the limit was 75 miles per hour, now going up to 80 mph.

Full Story | Watch
Woman Pushing For $20 Bill Makover

3/25/2015 9:54 AM

Barbara Ortiz Howard already has a day job maintaining apartment buildings near New York City. Now she has a second job and it's all about money. ...

Full Story
Plans Released For Pump Park in Brookings

3/27/2015 4:51 PM

The same company that designs BMX bike tracks for the Olympics is coming to South Dakota to create Brookings' newest park.

Full Story
New Car Wash To Open Near 26th St. & Sycamore Ave.

3/24/2015 3:48 PM

Sioux Falls will soon be home to a second Silverstar Car Wash.

Full Story


Events