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.


75° 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 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

 


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
Bass Pro Shops Turned Brandon Down

8/3/2015 4:00 PM

A Sioux Falls architect who is on Brandon's Planning and Zoning Committee brought a proposal to Bass Pro Shops to locate a store at the Brandon ex...

Full Story


Events