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.


21° 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!

 

Friday Evening Business Brief

June 15, 2012, 6:27 PM

Friday Evening Business Brief

Stocks finished the week with a flourish. With a gain of 115 points, or 0.9 percent, to 12,767, the index is at its highest level in a month. The S&P added nearly 14 points, while the Nasdaq closed up 36 points.

  • The Labor Department says unemployment rates rose in 18 U.S. states in May. Increasing unemployment in more than a third of U.S. states is the latest evidence of a weaker job market. Jobless rates fell in 14 states and were unchanged in 18.
  • Depending on the outcome of Sunday's election, Greece could be forced out of the European joint currency, with potentially dangerous consequences for the global economy. Greeks cast their ballots Sunday for the second time in six weeks, after May 6 elections left no party with enough seats in Parliament to form a government and coalition talks collapsed.
  • Benchmark U.S. oil edged up 12 cents to end at $84.03 a barrel. Brent crude, which is used to make gasoline in much of the U.S., rose 44 cents to $97.61.
  • Former Goldman Sachs board member Rajat Gupta has been convicted of three counts of securities fraud and one count of conspiracy for sharing corporate secrets with a hedge fund manager. With the verdict, Gupta became the most prominent defendant convicted so far in a wide-ranging Wall Street inquiry conducted by investigators armed with wiretaps.

Previous Story

Next Story


Sponsored
Find Local Businesses on KELO Pages!

View business

You may also like

Website Ranks The 25 Best Jobs For 2015

1/28/2015 5:12 AM

Physician assistants topped the list, which has an average base salary of $111,376.

Full Story
Rock Stars To Celebrate Pawn Shop Ground Breaking

1/23/2015 11:15 AM

Bret Michaels and Lita Ford will perform at the District on Wednesday, Jan. 28 to celebrate the ground breaking of Badlands Pawn.

Full Story
Long John Silver's Building To Become Taco Shop

1/23/2015 4:00 PM

The former Long John Silver's on Minnesota Avenue is going to become a Mexican fast food restaurant.  

Full Story
Refinery Issues Lead To Higher SD Gas Prices

1/27/2015 11:10 AM

For the first time in months, South Dakota's average gas price rose last week.  According to a AAA report, the increase is due to a series of...

Full Story
Proposed Egg Farm Drawing Complaints In Turner County

1/27/2015 7:30 AM

A Sioux Falls-based company hopes to more than double the number of egg-laying hens in South Dakota by opening a large chicken operation near Parker.

Full Story


Events