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.


67° 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 Morning Business Brief

April 23, 2012, 5:55 AM

Monday Morning Business Brief

Wall Street is coming off last week's mixed showing. The Dow was up 1.4 percent, while the S&P gained 0.6 percent. The Nasdaq slipped 0.4 percent for the week. Year to date, the Nasdaq is the stellar performer among the key averages with a gain of 15 percent.

  • World stocks have skidded lower Monday after budget talks in the Netherlands collapsed over the weekend. Traders also reacted after a Socialist who wants to put France's austerity plans in reverse won the first round of the country's presidential election. And oil prices fell to near $103 a barrel Monday in Asia.
  • Official data show the 17 countries that use the euro still face an uphill struggle to get a handle on their debt. The discouraging report came despite slashes in government deficits to 4.1 percent of economic output in 2011. Meanwhile, Spain's central bank says the country is now in a technical recession as the economy. It's suffered two consecutive quarters of economic contraction.
  • The head of a watchdog group says Mexico's federal government should investigate allegations of a vast bribery campaign by top executives of Wal-Mart's Mexican subsidiary to build stores across the country. Activists insist that international conventions obligate Mexico's government to get involved even though only local officials have been linked to the scandal.
  • Economic data begins to flow in earnest tomorrow. That's when we'll get figures on consumer confidence, home prices and new home sales.

Previous Story

Next Story




Sponsored

 


View business

You may also like

Allegiant Air Pilot Pleads With Tower To Make Emergency Landing

7/29/2015 1:58 PM

An Allegiant Airlines pilot declared a fuel emergency and had to land at a North Dakota airport even though the airport was closed for the Blue Angels...

Full Story
Lick The Spoon Closes East Side Location

7/29/2015 9:53 AM

Just a year after opening on East 10th Street and Bahnson Avenue in Sioux Falls, Lick The Spoon restaurant has closed its doors.  Angela Becker o...

Full Story
Filly Flair Set To Open Sioux Falls Store On Saturday

7/30/2015 5:18 PM

A successful online retailer is opening her first brick and mortar shop in Sioux Falls.

Full Story
Famous Wine Maker Planning Sioux Falls Development

7/29/2015 1:00 PM

Barber tells KELOLAND News while the plans still have yet to be finalized, they call for a couple of apartment buildings with eight to 12 units, as we...

Full Story
Duluth Trading Co. Coming To Downtown Sioux Falls

7/28/2015 4:35 PM

The Duluth Trading Company is coming to a newly remodeled downtown building on Phillips Avenue in Sioux Falls.  

Full Story


Events