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.


65° 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!

 

Monday Afternoon Business Brief

April 16, 2012, 2:14 PM

Monday Afternoon Business Brief

Stocks are mixed in afternoon trading. Investors are weighing competing news of strong retail sales in the U.S. against a troubling increase in Spain's borrowing costs. The Dow has spent the day in positive territory, but the broader indexes have wavered. The Nasdaq has been mostly lower, but the S&P 500 has edged back into positive territory.

  • The World Bank has chosen its next leader. He's current Dartmouth College President Jim Yong Kim. The 52-year-old Kim is a physician and a pioneer in treating HIV/AIDS and tuberculosis in the developing world -- a break from previous World Bank leaders who typically have been political, legal or economic figures.
  • Oil prices are edging lower today after weekend talks between Iran and world powers eased tensions about Iran's nuclear program. Benchmark U.S. crude was down 4 cents in New York, below $103 per barrel. Meanwhile, gasoline prices are averaging about $3.91 per gallon nationwide.
  • Foreign demand for U.S. Treasury debt rose to a record high in February at more than $5 trillion. China is the largest buyer of Treasury debt and it boosted its holdings to nearly $1.2 trillion. U.S. government debt is considered one of the world's safest investments and investor demand has risen in light of Europe's debt problems.
  • Federal safety regulators investigating transmission control problems with BMW 7-Series luxury cars have found 16 crashes and five injuries involving cars in the 2002 through 2008 model years. In some cases the owners may think the cars are in park when they actually are in neutral and the National Highway Traffic Safety Administration says the cars can roll away unexpectedly and crash.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

First DTSF Incubator Store Open For Business

7/23/2014 6:30 AM

605 Running Co., 124 S. Phillips Avenue, just opened its doors on Friday. It's a big grand opening for the store, but also for Downtown ...

Full Story | Watch
Sioux Falls No Longer Best Small City

7/25/2014 11:12 AM

Sioux Falls is no longer the nation's best small city for business and careers.

Full Story
Fruit From Walmart And Costco May Be Contaminated

7/22/2014 11:23 AM

A Central California company has issued a voluntary nationwide recall of specific lots of its fresh peaches, plums, nectarines and pluots over concern...

Full Story
Third Walmart Preparing To Open In Sioux Falls

7/22/2014 6:10 PM

Sioux Falls latest Walmart store is preparing to open in just a few weeks.

Full Story
Iowa Town Bracing For Closure Of Tyson Foods Plant

7/27/2014 3:31 PM

One small northwest Iowa town is preparing to deal with the loss of 450 jobs this fall when the Tyson Foods plant in Cherokee closes, and business own...

Full Story


Events