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.


40° 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

Huset's Speedway Purchased By Badlands Group

4/21/2015 5:18 AM

The longtime sprint car track near Brandon will be renamed Badlands Motor Speedway after the 2015 season.

Full Story
Shoppers Swarm Target For Designer Product Line

4/20/2015 1:14 PM

The retailer released its Lilly Pulitzer for Target collection, and many stores were sold out within minutes.

Full Story
Huset's Speedway Sold

4/21/2015 6:00 PM

Started back in the late 1950s, Huset's Speedway is almost as old as the dirt the cars race on.  But that's about to change.

Full Story | Watch
Multi-Million Dollar Athletic Center Planned For Sioux Falls

4/21/2015 5:03 PM

Plans are in the works for a 40,000 square foot athletic training center in southeast Sioux Falls.  With the Pentagon and the new tennis facility...

Full Story | Watch
Amazon Distribution Center In Shakopee Could Employ 1,000

4/22/2015 6:03 AM

The online retailer is asking the city of Shakopee for about $5 million in tax breaks to build the 820,000-square-foot center and warehouse.

Full Story


Events